FRO Q3 2021 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q3 2021 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$172M-30.6% YoY

Gross Profit

-$14M-8.2% margin

Operating Income

-$19M-11.2% margin

Net Income

-$33M-19.3% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$40M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.0B

Total Liabilities

$2.4B

Stockholders' Equity

$1.6B

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$247M	-30.6%
Gross Profit	-$14M	$87M	-116.2%
Operating Income	-$19M	$71M	-127.1%
Net Income	-$33M	$57M	-158.2%