Stabilis Solutions, Inc.SLNG
What Stabilis Solutions, Inc. does.
Stabilis Solutions, Inc. and its subsidiaries (the “Company”, “Stabilis”, “our”, “us” or “we”) provide turnkey clean energy production, storage, transportation and fueling solutions using liquefied natural gas (“LNG”) to multiple end markets. We have safely delivered over 580 million gallons of LNG through more than 60,000 truck deliveries during our 22 year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. We define “small-scale” LNG production to include liquefiers that produce less than 1.7 million LNG gallons per day (or approximately 1.0 million tonnes per annum ("MTPA")) and “small-scale” LNG distribution to include distribution by trailer or tank container of up to 10,000 LNG gallons or by marine vessels that carry less than 8.0 million LNG gallons (approximately 30,000 cubic meters). The Company provides LNG solutions to customers in diverse end markets, including aerospace, agriculture, industrial, marine bunkering, mining, oil and gas, pipeline, remote power and utility markets.
The Company also builds power and control systems for the energy industry in China through its 40% owned Chinese joint venture, BOMAY Electric Industries, Inc (“BOMAY”). BOMAY is accounted for under the equity method of accounting.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $41.5M | $69.2M | $98.8M | $73.1M | $73.3M | $68.2M |
| Net income | -$6.8M | -$7.8M | -$3.2M | $125,000 | $4.6M | -$1.4M |
| Free cash flow | $568,000 | -$3.3M | $10.8M | -$3.5M | $4.5M | $462,000 |
More on SLNG.
- Stabilis Solutions, Inc. summary
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- Stabilis Solutions, Inc. earnings
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- Stabilis Solutions, Inc. ownership and insiders
- Stabilis Solutions, Inc. peers
Figures from Stabilis Solutions, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.