FRO Q4 2023 Earnings — Frontline Ltd. Revenue & Financial Results | Market Cap Arena

FROFrontline Ltd.

$8B

Q4 2023 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$415M-21.7% YoY

Gross Profit

$152M36.6% margin

Operating Income

$138M33.3% margin

Net Income

$118M28.5% margin

EPS (Diluted)

$0.53

QoQ Revenue Growth

+10.1%

Cash Flow

Operating Cash Flow

$100M

Free Cash Flow

-$1.4B

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$5.9B

Total Liabilities

$3.6B

Stockholders' Equity

$2.3B

Cash & Equivalents

$308M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$415M	$530M	-21.7%
Gross Profit	$152M	$268M	-43.2%
Operating Income	$138M	$249M	-44.6%
Net Income	$118M	$243M	-51.3%