SFL Corporation Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $733.0M | $904.4M | $752.3M | $670.4M | $513.4M | $471.0M | $458.8M | $418.7M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $136.7M | $306.7M | $240.2M | $275.5M | $242.8M | $-138.2M | $137.8M | $117.6M |
| Operating Margin | 18.6% | 33.9% | 31.9% | 41.1% | 47.3% | -29.3% | 30.0% | 28.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-24.5M | $141.3M | $87.3M | $202.8M | $164.3M | $-228.7M | $72.1M | $59.0M |
| Income Tax Expense | $1.9M | $10.6M | $3.3M | $0 | $0 | — | — | — |
| Net Income | $-26.4M | $130.7M | $83.9M | $202.8M | $164.3M | $-224.4M | $89.2M | $73.6M |
| Net Margin | -3.6% | 14.4% | 11.2% | 30.2% | 32.0% | -47.6% | 19.4% | 17.6% |
| EPS (Basic) | $-0.20 | $1.01 | $0.67 | $1.60 | $1.35 | $-2.06 | $0.83 | $0.70 |
| EPS (Diluted) | $-0.20 | $1.01 | $0.66 | $1.53 | $1.30 | $-2.06 | $0.83 | $0.69 |
| Shares Outstanding (Basic) | 133.1M | 129.4M | 126.2M | 126.8M | 122.1M | 109.0M | 107.6M | 105.9M |
| Shares Outstanding (Diluted) | 133.1M | 130.0M | 126.6M | 137.4M | 139.4M | 109.0M | 107.7M | 107.6M |
| Dividends Per Share | $0.94 | $1.07 | $0.97 | $0.88 | — | — | — | — |