Stabilis Solutions Q2 revenue $25.8M (+61% YoY), net loss widens to $2.2M

Stabilis Solutions, Inc.

2022-Q2 EPS reported -$0.14 revenue$48,817,000

Revenue $25.8M, +61% YoY, +12% seq.; LNG segment $23.2M, power delivery $2.6M.
Net loss $2.2M vs $1.0M last year; includes $0.9M unrealized loss on natural gas hedges and $0.2M unutilized obligation.
Adjusted EBITDA $1.6M vs $2.0M in Q1 2022 and $0.5M in Q2 2021.
Aerospace volumes almost doubled H1 2022 vs all of 2021, now ~10% of revenue.
Total liquidity $5.1M (cash + available credit) at June 30, 2022.

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