FRO Q2 2019 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q2 2019 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$193M+15.9% YoY

Gross Profit

$35M17.9% margin

Operating Income

$27M13.9% margin

Net Income

$1M0.6% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-18.8%

Cash Flow

Operating Cash Flow

$43M

Free Cash Flow

-$45M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.0B

Stockholders' Equity

$1.2B

Cash & Equivalents

$91M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$193M	$167M	+15.9%
Gross Profit	$35M	$2M	+1393.7%
Operating Income	$27M	-$1M	+2760.1%
Net Income	$1M	-$23M	+104.7%

Revenue Segments

Voyage charter

$395M96%

Other Revenue

$16M4%