Frontline plc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.97B | $2.16B | $1.83B | $1.44B | $749.4M | $1.22B | $957.3M | $742.3M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | $27.9M | $44.2M | $45.0M | $37.3M |
| Operating Income | $598.8M | $781.7M | $746.7M | $445.6M | $12.2M | $507.8M | $239.5M | $82.7M |
| Operating Margin | 30.4% | 36.1% | 40.9% | 31.0% | 1.6% | 41.6% | 25.0% | 11.1% |
| Interest Expense | — | — | — | — | $61.4M | $72.2M | $94.5M | $93.3M |
| Pretax Income | $385.1M | $503.3M | $656.6M | $475.9M | $-10.3M | — | — | — |
| Income Tax Expense | $6.0M | $7.7M | $205.0K | $412.0K | $4.6M | $-14.0K | $307.0K | $316.0K |
| Net Income | $379.1M | $495.6M | $656.4M | $475.5M | $-11.1M | $412.9M | $140.0M | $-8.9M |
| Net Margin | 19.2% | 22.9% | 35.9% | 33.1% | -1.5% | 33.8% | 14.6% | -1.2% |
| EPS (Basic) | $1.70 | $2.23 | $2.95 | $2.22 | $-0.06 | $2.11 | $0.81 | $-0.05 |
| EPS (Diluted) | $1.70 | $2.23 | $2.95 | $2.22 | $-0.06 | $2.09 | $0.78 | $-0.05 |
| Shares Outstanding (Basic) | 222.6M | 222.6M | 222.6M | 222.6M | 199.0M | 195.6M | 173.6M | 169.8M |
| Shares Outstanding (Diluted) | 222.6M | 222.6M | 222.6M | 222.6M | 199.0M | 197.8M | 179.3M | 169.8M |
| Dividends Per Share | — | — | — | — | $0.00 | $1.60 | $0.10 | $0.00 |