earnings
confidence high
sentiment positive
materiality 0.70
Stabilis Solutions reports Q4 net income $2.1M; full-year net income $4.6M; revenue mix shifts to marine/aerospace
Stabilis Solutions, Inc.
2024-FY EPS reported
$0.25
revenue$73,293,000
- Q4 net income $2.1M; adjusted EBITDA $4.0M (23.2% margin); cash flow from ops $2.2M.
- Full-year 2024 net income $4.6M; adjusted EBITDA $11.8M (16.1% margin); cash flow from ops $13.7M.
- Revenue from marine & aerospace end-markets grew from 14% to nearly 50% of total revenue in Q4.
- Growth capex of $7.4M in 2024 (>80% of total capex) focused on expanding LNG capabilities.
- Ended 2024 with $9.0M cash and $4.3M available under credit agreements.