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Stabilis Solutions Reports Strong 2024 Financial Results

Stabilis Solutions Reports Strong 2024 Financial Results

Stabilis Solutions, Inc. ( (SLNG) ) has released its Q4 earnings. Here is a breakdown of the information Stabilis Solutions, Inc. presented to its investors.

Stabilis Solutions, Inc. is a leading provider of clean fueling, production, storage, and last mile delivery solutions, operating primarily in the energy sector with a focus on small-scale LNG solutions. The company recently announced its financial results for the fourth quarter and full year of 2024, highlighting a strong performance with significant improvements in profitability and cash flow. Key financial metrics for the fourth quarter included a net income of $2.1 million and an adjusted EBITDA of $4.0 million, while the full-year results showed a net income of $4.6 million and an adjusted EBITDA of $11.8 million. Stabilis has strategically expanded its presence in high-growth markets such as marine and aerospace, with nearly 50% of its revenue now coming from these sectors. The company invested heavily in growth-oriented projects, directing over 80% of its capital expenditures towards enhancing its manufacturing and logistics capabilities. Looking forward, Stabilis Solutions is poised to continue its growth trajectory, leveraging its decade-long experience in LNG solutions to meet the increasing demand across diverse markets.

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