FRO Q3 2022 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q3 2022 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$382M+122.4% YoY

Gross Profit

$124M32.4% margin

Operating Income

$112M29.4% margin

Net Income

$156M40.9% margin

EPS (Diluted)

$0.69

QoQ Revenue Growth

+27.2%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

-$10M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$2.5B

Stockholders' Equity

$2.0B

Cash & Equivalents

$127M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$382M	$172M	+122.4%
Gross Profit	$124M	-$14M	+981.5%
Operating Income	$112M	-$19M	+684.2%
Net Income	$156M	-$33M	+570.5%