FROFrontline Ltd.

$8B

Q2 2018 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$167M+11.1% YoY

Gross Profit

$2M1.4% margin

Operating Income

-$1M-0.6% margin

Net Income

-$23M-13.7% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-1.7%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$16M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.3B

Total Liabilities

$2.1B

Stockholders' Equity

$1.1B

Cash & Equivalents

$116M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$167M	$150M	+11.1%
Gross Profit	$2M	$13M	-81.8%
Operating Income	-$1M	-$1M	+28.2%
Net Income	-$23M	-$19M	-18.0%

Revenue Segments

Voyage charter

$309M96%

Other revenue

$12M4%

Finance lease interest

$701,0000%

FRO Q2 2018 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena