FRO FY 2021 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

FY 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$749M-38.6% YoY

Gross Profit

$27M3.6% margin

Operating Income

$8M1.1% margin

Net Income

-$15M-2.0% margin

EPS (Diluted)

$-0.06

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

-$399M

Stock-Based Comp.

$185,000

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.5B

Stockholders' Equity

$1.7B

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$749M	$1.2B	-38.6%
Gross Profit	$27M	$537M	-94.9%
Operating Income	$8M	$508M	-98.3%
Net Income	-$15M	$413M	-103.6%