FRO Q1 2022 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q1 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$217M+12.1% YoY

Gross Profit

$22M10.0% margin

Operating Income

$21M9.5% margin

Net Income

$29M13.3% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$6M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.4B

Stockholders' Equity

$1.7B

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$217M	$194M	+12.1%
Gross Profit	$22M	$30M	-27.3%
Operating Income	$21M	$25M	-16.0%
Net Income	$29M	$29M	+0.3%