Stabilis Solutions Reports Strong 2024 Financial Results

Stabilis Solutions ( (SLNG) ) has provided an update.

Stabilis Solutions announced its financial results for the fourth quarter and full year ending December 31, 2024. The company reported a net income of $4.6 million for the year and an adjusted EBITDA of $11.8 million, with a significant focus on asset optimization and system efficiency. Stabilis has expanded its small-scale LNG solutions platform, directing over 80% of its capital expenditures towards growth investments to enhance manufacturing and logistics capabilities. The company’s strategic focus on the marine and aerospace markets has resulted in a revenue mix increase in these high-growth sectors from 14% to nearly 50% by the fourth quarter of 2024. Stabilis remains well-capitalized, with $13.3 million in cash and availability under credit agreements, positioning itself for continued growth in 2025.

More about Stabilis Solutions

Stabilis Solutions is a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world’s most recognized, high-performance brands.

YTD Price Performance: 15.40%

Average Trading Volume: 20,700

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $126.7M

Find detailed analytics on SLNG stock on TipRanks’ Stock Analysis page.