Frontline Ltd.
Frontline Ltd., a shipping company, engages in the seaborne transportation of crude oil and oil products worldwide. It owns and operates oil and product tankers. As of December 31, 2021, the company operated a fleet of 70 vessels. It is also involved in …
Oil & Gas Midstream
BM, Hamilton [HQ]
FRO/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,136.00 | 1,165.00 | 810.00 | 668.00 | 517.00 | 559.00 | 458.00 | 754.00 | 646.00 | 742.00 | 957.00 | 1,221.00 | 749.00 | 1,430.00 | 1,786.00 | |
|
EPS
|
6.60 | 10.35 | -34.01 | -5.31 | -11.82 | -1.30 | 1.29 | 0.75 | -1.56 | -0.05 | 0.81 | 2.11 | -0.06 | 2.22 | 2.95 | |
| Diluted in mil. | 6.60 | 10.05 | -34.01 | -5.31 | -11.82 | -1.30 | 1.29 | 0.75 | -1.56 | -0.05 | 0.78 | 2.09 | -0.06 | 2.22 | 2.95 | |
|
Profit
|
710.00 | 686.00 | 261.00 | 110.00 | 3.00 | 102.00 | 188.00 | 264.00 | 89.00 | 90.00 | 278.00 | 536.00 | 30.00 | 481.00 | 761.00 | |
| Gross Margin | 62.53 | 58.94 | 32.31 | 16.61 | 0.70 | 18.26 | 41.16 | 35.03 | 13.90 | 12.13 | 29.09 | 43.95 | 4.08 | 33.63 | 42.61 | |
| Pre Tax | 105.00 | 164.00 | -528.00 | -83.00 | -189.00 | -171.00 | 255.00 | 117.00 | -264.00 | -8.00 | 140.00 | 412.00 | -6.00 | 473.00 | 653.00 | |
| Profit Margin | 9.31 | 14.09 | -65.24 | -12.48 | -36.66 | -30.59 | 55.68 | 15.62 | -40.85 | -1.09 | 14.65 | 33.82 | -0.87 | 33.08 | 36.56 | |
| ETR | 0.34 | 0.13 | -0.10 | -0.45 | -0.15 | -0.27 | 0.06 | 0.29 | -0.11 | -3.91 | 0.22 | - - | -71.11 | 0.09 | 0.03 | |
| Net | 102.00 | 161.00 | -529.00 | -82.00 | -188.00 | -162.00 | 154.00 | 117.00 | -264.00 | -8.00 | 139.00 | 412.00 | -11.00 | 475.00 | 656.00 | |
| Profit Margin | 9.04 | 13.85 | -65.37 | -12.39 | -36.45 | -29.11 | 33.69 | 15.51 | -40.98 | -1.13 | 14.62 | 33.81 | -1.49 | 33.25 | 36.73 | |
| EBITDA | 501.00 | 535.00 | -71.00 | 142.00 | 84.00 | 72.00 | 235.00 | 385.00 | 226.00 | 209.00 | 365.00 | 648.00 | 182.00 | 616.00 | 938.00 | |
| EBITDA Margin | 44.15 | 45.97 | -8.85 | 21.27 | 16.27 | 12.96 | 51.40 | 51.11 | 35.00 | 28.20 | 38.19 | 53.11 | 24.40 | 43.07 | 52.51 | |
| Operating Income | 240.00 | 307.00 | -399.00 | 7.00 | -100.00 | -48.00 | 287.00 | 177.00 | -196.00 | 82.00 | 239.00 | 507.00 | 29.00 | 442.00 | 707.00 | |
| Operating Margin | 21.13 | 26.43 | -49.33 | 1.08 | -19.42 | -8.68 | 62.58 | 23.53 | -30.37 | 11.14 | 25.02 | 41.58 | 3.98 | 30.96 | 39.59 | |
| Interest Income | 22.00 | 13.00 | 3.00 | - - | - - | - - | - - | - - | - - | - - | 1.00 | - - | - - | 1.00 | 16.00 | |
| Loss | -896.00 | -919.00 | -780.00 | -645.00 | -545.00 | -535.00 | -280.00 | -531.00 | -591.00 | -679.00 | -720.00 | -713.00 | -740.00 | -988.00 | -1,079.00 | |
| Cost of Revenue | -425.00 | -478.00 | -548.00 | -557.00 | -513.00 | -457.00 | -270.00 | -490.00 | -556.00 | -652.00 | -678.00 | -684.00 | -718.00 | -949.00 | -1,025.00 | |
|
Operating Expenses
|
-470.00 | -440.00 | -231.00 | -88.00 | -31.00 | -77.00 | -10.00 | -41.00 | -35.00 | -27.00 | -41.00 | -28.00 | -21.00 | -38.00 | -54.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | -169.00 | -197.00 | - - | -88.00 | -31.00 | -77.00 | -10.00 | -37.00 | -37.00 | -37.00 | -45.00 | -58.00 | -27.00 | -48.00 | -53.00 | |
| SG&A | -63.00 | -197.00 | -36.00 | -88.00 | -31.00 | -77.00 | -10.00 | -37.00 | -37.00 | -37.00 | -45.00 | -58.00 | -27.00 | -48.00 | -54.00 | |
| S&M | -105.00 | - - | - - | -274.00 | -299.00 | -286.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -238.00 | -214.00 | -202.00 | -115.00 | -102.00 | -83.00 | -54.00 | -143.00 | -143.00 | -125.00 | -122.00 | -144.00 | -152.00 | -156.00 | -230.00 | |
| Interest Expenses | -160.00 | -149.00 | -141.00 | -94.00 | -90.00 | -75.00 | -17.00 | -56.00 | -69.00 | -93.00 | -94.00 | -72.00 | -61.00 | -98.00 | -178.00 | |
| Other Expenses | -3.00 | -7.00 | -112.00 | -11.00 | -58.00 | -78.00 | -94.00 | -49.00 | -249.00 | -90.00 | -99.00 | -94.00 | -36.00 | -30.00 | -54.00 | |
|
WA Shares Outstanding
|
15.00 | 15.00 | 15.00 | 15.00 | 15.00 | 125.00 | 120.00 | 156.00 | 169.00 | 169.00 | 173.00 | 195.00 | 198.00 | 214.00 | 222.00 | |
| Diluted | 15.00 | 16.00 | 15.00 | 15.00 | 15.00 | 125.00 | 120.00 | 156.00 | 169.00 | 169.00 | 179.00 | 197.00 | 198.00 | 214.00 | 222.00 |