Stabilis Solutions, Inc.

Stabilis Solutions reported FY 2025 revenues of $68.2 million, representing a significant portion of its business from key customers including Carnival Corporation, Aggreko Plc, and Space Exploration Technologies Corp. The company generated a net loss of $1.4 million, with operating cash flow of $8.6 million. Key developments include securing two ten-year LNG supply bunkering agreements with cruise vessel operators to anchor development of a proposed 350,000 gallon-per-day Galveston LNG liquefaction facility, and executing a multi-year take-or-pay contract estimated at $200 million for data center power generation. The company faces challenges including the conclusion of a major marine bunkering contract that accounted for 32% of 2025 revenues, and the need to secure project financing for its Galveston facility by Q1 2026.

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