FRO Q2 2020 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q2 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$387M+100.1% YoY

Gross Profit

$225M58.2% margin

Operating Income

$226M58.3% margin

Net Income

$200M51.6% margin

EPS (Diluted)

$1.01

QoQ Revenue Growth

-6.0%

Cash Flow

Operating Cash Flow

$241M

Free Cash Flow

$115M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$2.4B

Stockholders' Equity

$1.7B

Cash & Equivalents

$225M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$387M	$193M	+100.1%
Gross Profit	$225M	$35M	+551.6%
Operating Income	$226M	$27M	+740.2%
Net Income	$200M	$1M	+18353.0%

Revenue Segments

Voyage charter

$709M98%

Other Revenue

$14M2%