NFENew Fortress Energy Inc.

$303M

Q4 2019 Earnings

Utilities Regulated Gas

Income Statement

Revenue

$70M+122.4% YoY

Gross Profit

$1M1.9% margin

Operating Income

-$36M-52.0% margin

Net Income

-$7M-10.5% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+40.5%

Cash Flow

Operating Cash Flow

-$80M

Free Cash Flow

-$161M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$736M

Stockholders' Equity

$85M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$70M	$31M	+122.4%
Gross Profit	$1M	$413,000	+221.3%
Operating Income	-$36M	-$22M	-65.1%
Net Income	-$7M	-$35M	+78.9%

NFE Q4 2019 Earnings — New Fortress Energy Inc. Revenue & Financial Results | Market Cap Arena