NFENew Fortress Energy Inc.

$303M

Q3 2020 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$137M+175.6% YoY

Gross Profit

$51M37.6% margin

Operating Income

$11M8.1% margin

Net Income

-$36M-26.6% margin

EPS (Diluted)

$-0.44

QoQ Revenue Growth

+44.7%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$56M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$1.3B

Stockholders' Equity

$91M

Cash & Equivalents

$113M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$137M	$50M	+175.6%
Gross Profit	$51M	-$5M	+1152.4%
Operating Income	$11M	-$48M	+123.2%
Net Income	-$36M	-$7M	-440.8%

Revenue Segments

Power and Steam

$7M88%

Lease and Other Revenue

$1M12%

NFE Q3 2020 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena