FRO Q2 2021 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q2 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$170M-56.1% YoY

Gross Profit

-$5M-3.1% margin

Operating Income

-$12M-6.9% margin

Net Income

-$27M-15.7% margin

EPS (Diluted)

$-0.13

QoQ Revenue Growth

-12.4%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

-$108M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.4B

Stockholders' Equity

$1.6B

Cash & Equivalents

$140M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$170M	$387M	-56.1%
Gross Profit	-$5M	$225M	-102.4%
Operating Income	-$12M	$226M	-105.2%
Net Income	-$27M	$200M	-113.3%

Revenue Segments

Voyage charter

$314M98%

Other Revenue

$8M2%