Business
Stabilis Solutions Announces First Quarter 2025 Results
HOUSTON, TEXAS / ACCESS Newswire / May 7, 2025 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, ...
About this update from Stabilis Solutions, Inc.
[{"type":"text","content":"HOUSTON, TEXAS / ACCESS Newswire / May 7, 2025 / Stabilis Solutions, Inc., ("Stabilis" or the "Company") (Nasdaq:SLNG), a leading provider of clean fueling, production, storage, and last mile delivery solutions for many of the world's most recognized, high-performance brands, today announced financial results for the first quarter ended March 31, 2025.","length":378,"tagName":"p"},{"type":"text","content":"FIRST QUARTER 2025 HIGHLIGHTS","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $17.3 million","length":25,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss of ($1.6) million","length":26,"tagName":"p"}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $2.1 million","length":31,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash flow from operations of $1.0 million","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"$9.0 million of cash and $3.5 million of availability under credit agreements as of March 31, 2025","length":98,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":221,"olType":false},{"type":"text","content":"MANAGEMENT COMMENTARY","length":21,"tagName":"p"},{"type":"text","content":""During the first quarter, our team continued to make progress on key business development initiatives that support the long-term expansion of our platform in high-growth end-markets," stated Casey Crenshaw, Executive Chairman and Interim President & Chief Executive Officer. "As the small-scale LNG supplier of choice for customers requiring customized turnkey fueling solutions, we are seeing strong demand across the marine bunkering, commercial aerospace, and power generation sectors. Our team is actively pursuing multiple strategic opportunities with new and existing customers that will serve as catalysts for meaningful growth and additional investment over the coming years."","length":709,"tagName":"p"},{"type":"text","content":""While overall market demand remained robust, first quarter 2025 revenues declined year-over-year, primarily reflecting planned downtime with a key marine customer and the successful completion of a large, short-duration industrial project," continued Crenshaw. "Importantly, revenue growth within our aerospace and marine markets remained strong, increasing 13...