20-F - Golar LNG Limited | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

Golar LNG Limited reported strong FY 2025 results, driven by FLNG Gimi's COD in June 2025. Total operating revenues rose 51% YoY to $393.5M from $260.4M, fueled by $91.5M sales-type lease revenue from Gimi and $226.8M liquefaction services from Hilli. Operating income increased to $99.7M from $62.2M, reflecting higher revenues offsetting $258.0M operating expenses. Net income from continuing operations surged to $112.6M (up from $80.8M), with stockholders' share at $65.7M and EPS $1 (basic/diluted). Balance sheet strengthened: total assets $5.33B (up from $4.37B), equity $2.07B, cash $1.15B. Net cash increase $498.8M, supported by $841.1M financing inflows. FLNG segment Adjusted EBITDA $310.2M (up from $275.7M), driven by Gimi contributions. Corporate/other Adjusted EBITDA loss -$45.6M. Forward, $17B backlog from long-term contracts positions growth, with Hilli redeployment 2027 and MKII 2028.

Key Takeaways

1Revenues $393.5M in FY2025, +51% YoY from $260.4M.

2Net income $112.6M, stockholders' share $65.7M, EPS $1.

3Total assets $5.33B, cash equivalents $1.15B.

4FLNG Adjusted EBITDA $310.2M, up from $275.7M YoY.

5Net cash increase $498.8M, financing inflows $841.1M.

Key Financial Metrics

EPS

$0.49 prior year

Revenue

$393.5M

+51%

Net Income

$112.6M

+39%

free cash flow

$498.8M

Operating Income

$99.7M

+60%

Business Segments

FLNGAdjusted EBITDA

$310.2M+12% YoY

Corporate and otherAdjusted EBITDA loss

-$45.6M+29% YoY