Below are the financial statements of Excelerate Energy, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in millions of USD | 2024 | 2023 | 2022 |
---|---|---|---|
Revenues | — | — | — |
FSRU and terminal services | 612.16a | 506.81a | 445.16a |
Gas sales | 239.27a | 652.15a | 2,027.82a |
Total revenues | 851.44a | 1,158.96a | 2,472.97a |
Operating expenses | — | — | — |
Cost of revenue and vessel operating expenses (exclusive of items below) | -215.61a | -228.17a | -209.2a |
Direct cost of gas sales | -227.75a | -518.39a | -1,906.78a |
Depreciation and amortization | -98.94a | -114.32a | -97.31a |
Selling, general and administrative expenses | -94.15a | -87.48a | -66.1a |
Restructuring, transition and transaction expenses | 0a | 0a | -6.9a |
Total operating expenses | -636.44a | -948.36a | -2,286.29a |
Operating income | 215a | 210.61a | 186.69a |
Other income (expense) | — | — | — |
Interest expense | -47.37a | -52.47a | -33.93a |
Interest expense - related party | -13.66a | -14.53a | -25.61a |
Earnings from equity method investment | 2.25a | 0.88a | 2.7a |
Early extinguishment of lease liability on vessel acquisition | 0a | 0a | -21.83a |
Other income, net | 22.91a | 15.6a | 0.31a |
Income before income taxes | 179.13a | 160.09a | 108.32a |
Provision for income taxes | -26.1a | -33.25a | -28.33a |
Net income | 153.03a | 126.84a | 80a |
Less net income attributable to non-controlling interest | 120.16a | 96.43a | 55.12a |
Less net loss attributable to non-controlling interest - ENE Onshore | 0a | 0a | -1.4a |
Less pre-IPO net income attributable to EELP | 0a | 0a | 12.95a |
Net income attributable to shareholders | 32.88a | 30.41a | 13.32a |
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