Stabilis Solutions Q2 2024: LNG volumes up 45% YoY, record Adj. EBITDA $2.1M

Stabilis Solutions, Inc.

2024-Q2 EPS reported $0.08 revenue$38,368,000

LNG volumes delivered increased 45.3% YoY; net income improved $2.2M.
Record Q2 Adjusted EBITDA of $2.1M, up $2.2M YoY; cash from ops $5.0M (+32.3%).
Cash and liquidity of $15.9M; net cash positive balance sheet at June 30, 2024.
Phased storage capacity expansion at Texas plant from 270K to 630K gallons.
Executed first-ever LNG bunkering in Galveston for Carnival; finalizing Gulf Coast facility plans.

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