Stabilis Solutions, Inc. SLNG

Utilities SIC 4924 - Natural Gas Distribution Nasdaq

Stabilis Solutions, Inc. and its subsidiaries (the "Company", "Stabilis", "our", "us" or "we") provide turnkey clean energy production, storage, transportation and fueling solutions using liquefied natural gas ("LNG") to multiple end markets. We have safely delivered over 580 million gallons of LNG through more than 60,000 truck deliveries during our 22 year operating history, which we believe makes us one of the largest and most experienced small-scale LNG providers in North America. We define "small-scale" LNG production to include liquefiers that produce less than 1.7 million LNG gallons per day (or approximately 1.0 million tonnes per annum ("MTPA")) and "small-scale" LNG distribution to include distribution by trailer or tank container of up to 10,000 LNG gallons or by marine vessels that carry less than 8.0 million LNG gallons (approximately 30,000 cubic meters). The Company provides LNG solutions to customers in diverse end markets, including aerospace, agriculture, industrial, marine bunkering, mining, oil and gas, pipeline, remote power and utility markets.

Last close 5.99 2026-09-04
Market cap $111.4M 2026-06-30 share count
52-week range 3.21 - 7.07

Valuation FY2025 figures against the last close

P/S1.6x
P/E
P/FCF241.1x
EV/EBITDA
Dividend yield
Diluted EPS

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $68.2M$73.3M$73.1M$98.8M$69.2M$41.5M$47.1M$37.3M$20.4M$37.8M
Cost of revenue $50.2M$52.1M$54.9M$77.7M$55.2M$5.7M$4.6M$36.8M
Gross profit $18.0M$21.2M$18.2M$21.1M$14.0M$1.9M$1.1M$1.0M
R&D $280.0K$962.0K
SG&A $13.2M$11.8M$12.9M$13.2M$13.8M$10.8M$11.4M$7.3M$4.7M$5.2M
Total operating expenses $70.8M$69.9M$73.9M$100.4M$78.3M$49.5M$52.5M$44.6M$29.4M$8.4M
Operating income -$4.5M-$7.4M
Interest expense $294.0K$300.0K$509.0K$770.0K$901.0K$4.4M$3.4M
Pre-tax income -$1.3M$5.1M$369.0K-$927.0K-$7.1M-$6.5M-$5.4M-$11.1M-$3.2M-$7.0M
Income tax $54.0K$485.0K$244.0K$265.0K$487.0K$256.0K$116.0K$0$0$44.0K
Net income -$1.4M$4.6M$125.0K-$3.2M-$7.8M-$6.8M-$5.7M-$10.8M$12.8M-$7.1M
EPS, basic -0.070.250.01-0.17-0.45-0.40-0.30-0.89
EPS, diluted 0.250.01-0.17-0.45-0.40-0.39-2.42-0.30-0.89
Shares, diluted (wtd. avg.) $18.6M$18.6M$18.5M$18.3M$17.5M$16.9M$8.5M$8.3M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $7.5M$9.0M$5.4M$11.5M$910.0K$1.2M$4.0M$1.2M$1.5M$1.6M
Short-term investments $507.0K
Receivables $3.1M$6.2M$7.8M$16.3M$9.4M$5.9M$5.9M$4.4M$794.0K$6.7M
Inventory $342.0K$345.0K$169.0K$205.0K$258.0K$226.0K$209.0K$106.0K$2.0K$1.2M
Total current assets $12.9M$17.5M$15.0M$32.2M$15.5M$10.8M$13.7M$7.8M$16.7M$16.2M
Property, plant and equipment $52.9M$51.7M$49.5M$47.7M$60.4M$66.6M$598.0K$7.3M
Goodwill $4.3M$4.3M$4.3M$4.3M$4.3M$4.5M$4.5M$0
Other intangibles $458.0K$527.0K
Total assets $83.1M$85.6M$81.3M$96.6M$87.3M$80.3M$90.3M$74.7M$35.9M$35.4M
Accounts payable $4.8M$5.7M$5.7M$4.5M$5.1M$4.4M$4.7M$2.6M$1.7M
Short-term debt $1.9M$2.0M$1.7M$3.3M$2.0M$4.5M$0$2.5M$203.0K
Total current liabilities $10.0M$11.6M$11.7M$27.5M$15.6M$14.2M$15.1M$12.1M$15.7M$12.9M
Long-term debt $5.8M$6.8M$7.7M$8.7M$7.6M$682.0K$0$5.7M
Total liabilities $16.4M$18.6M$19.5M$36.7M$26.3M$18.3M$22.5M$22.0M$21.4M$19.9M
Retained earnings -$37.0M-$35.6M-$40.2M-$40.4M-$37.2M-$29.4M-$22.6M-$16.9M-$2.9M-$638.0K
Total equity $66.7M$67.0M$61.8M$59.9M$61.1M$62.0M$67.8M$52.7M$15.0M$11.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $8.6M$13.7M$6.7M$14.7M$4.3M$1.3M$4.1M-$425.0K-$3.7M-$6.6M
Depreciation and amortisation $7.3M$7.1M$7.9M$8.7M$840.0K$880.0K
Stock-based compensation $447.0K$1.2M$2.1M$2.3M$3.2M$530.0K$0$609.0K$373.0K$563.0K
Capital expenditure $8.1M$9.1M$10.3M$3.9M$7.6M$768.0K$2.1M$833.0K$32.0K$725.0K
Investing cash flow -$7.7M-$8.1M-$8.9M-$1.9M-$7.5M-$256.0K-$3.2M$69.0K$1.5M$173.0K
Financing cash flow -$2.4M-$1.9M-$3.9M-$2.3M$3.0M-$3.2M$1.9M$114.0K$3.0M$29.0K
Buybacks $49.0K$53.0K$71.0K

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-022089.

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