Wed, May 7, 8:26 PM (16 days ago)
**Stabilis Solutions, Inc. (SLNG) Q1 2025 Financial Summary** **Financial Health and Performance:** - **Revenue:** $17.3 million, down 12.3% from $19.8 million in Q1 2024. - **Net Loss:** $1.6 million, compared to a net income of $1.5 million in Q1 2024. - **Operating Expenses:** $19.4 million, up 5.5% from $18.4 million in Q1 2024. - **Cash Flow from Operations:** $1.0 million, down from $3.9 million in Q1 2024. - **Cash and Cash Equivalents:** $9.0 million, up from $8.3 million in Q1 2024. - **Debt:** $9.1 million outstanding, with $3.5 million in available credit. **Key Metrics and Trends:** - **Revenue Decline:** Driven by decreased LNG deliveries, rental, service, and other revenues. - **Operating Expenses Increase:** Primarily due to severance-related expenses and higher depreciation. - **Cash Flow Decrease:** Attributed to lower operating income. - **Liquidity:** Adequate with available credit and cash on hand. **Uncertainties and Future Operations:** - **Market Risks:** Potential impacts from U.S. trade policies and tariffs. - **Operational Risks:** Dependence on LNG market demand and pricing. - **Financial Risks:** Need for additional financing to support growth and expansion. **Management Discussion:** - **Revenue Decline:** Due to fewer LNG deliveries and lower rental and service revenues. - **Operating Expenses:** Increased due to severance payments and higher depreciation. - **Cash Flow:** Reduced due to lower operating income. - **Liquidity:** Maintained through available credit and cash reserves. **Future Outlook:** - **Expansion Plans:** Potential for additional financing to support growth. - **Market Opportunities:** Continued focus on LNG solutions in various end markets. - **Risk Management:** Ongoing evaluation of market and operational risks. **Conclusion:** Stabilis Solutions, Inc. faced a challenging Q1 2025 with revenue declines and increased operating expenses, leading to a net loss. However, the company maintains adequate liquidity and is exploring financing options to support future growth. The focus remains on LNG solutions and managing market and operational risks.