Cool Company Ltd. most recently reported annual revenue of $323.0M, net profit of $98.0M. Revenue grew at an average annual rate of 25.9% over the last 3 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.
Cool Company Ltd.: Revenue rose from $162.0M in 2021 to $323.0M in 2024, a change of +99.4% over 3 years; net profit was positive in all 4 reported years; operating margin moved from 45.0% to 50.5%, a shift of +5.6 percentage points; the most recent year shows net profit of $98.0M.
Income Statement — 4 Years (USD millions)
Metric
2021
2022
2023
2024
Revenue
$162.0M
$220.0M
$361.0M
$323.0M
Operating Expenses
$89.0M
$112.0M
$160.0M
$160.0M
Operating Profit
$73.0M
$109.0M
$201.0M
$163.0M
Operating Margin
45.0%
49.4%
55.6%
50.5%
Other Income
$-18.0M
$-23.0M
$-24.0M
$-62.0M
Interest
$18.0M
$30.0M
$80.0M
$79.0M
Depreciation
$43.0M
$59.0M
$59.0M
$60.0M
Profit Before Tax
$54.0M
$86.0M
$177.0M
$101.0M
Tax
$400,000
$130,000
$310,000
$270,000
Net Profit
$22.0M
$84.0M
$175.0M
$98.0M
EPS
$15.30
$1.57
$3.25
$1.82
Dividend Payout
0.0%
0.0%
0.0%
0.0%
Quarterly Results — Last 12 Quarters (USD millions)
6 duplicate period labels in the source data were collapsed.
Metric
Dec '22
Mar '23
Jun '23
Sep '23
Dec '23
Mar '24
Jun '24
Sep '24
Dec '24
Mar '25
Jun '25
Sep '25
Revenue
$96.0M
$92.0M
$86.0M
$88.0M
$99.0M
$81.0M
$79.0M
$79.0M
$81.0M
$82.0M
$82.0M
$86.0M
Operating Expenses
$45.0M
$42.0M
$40.0M
$40.0M
$40.0M
$38.0M
$38.0M
$40.0M
$43.0M
$47.0M
$45.0M
$54.0M
Operating Profit
$51.0M
$51.0M
$45.0M
$48.0M
$59.0M
$43.0M
$41.0M
$39.0M
$39.0M
$35.0M
$37.0M
$33.0M
Operating Margin
52.8%
55.0%
53.0%
54.7%
59.4%
52.7%
52.4%
49.6%
47.3%
42.2%
45.3%
37.7%
Interest
$16.0M
$19.0M
$20.0M
$20.0M
$22.0M
$19.0M
$19.0M
$19.0M
$21.0M
$23.0M
$24.0M
$23.0M
Profit Before Tax
$34.0M
$70.0M
$45.0M
$39.0M
$24.0M
$36.0M
$27.0M
$8.0M
$29.0M
$9.0M
$12.0M
$11.0M
Tax
$-90,000
$80,000
$170,000
$120,000
$1.6M
$360,000
$570,000
$2.0M
$-600,000
$980,000
$1.4M
$800,000
Net Profit
$35.0M
$69.0M
$45.0M
$39.0M
$22.0M
$37.0M
$26.0M
$8.0M
$27.0M
$9.0M
$12.0M
$11.0M
EPS
$0.64
$1.25
$0.84
$0.71
$0.44
$0.66
$0.49
$0.15
$0.51
$0.17
$0.22
$0.00
Over the 4 years reported for Cool Company Ltd., borrowings increased from $631.0M in 2021 to $1.3B in 2024, cash stood at $165.0M in the latest year, shareholders' equity was $54.0M, current assets covered current liabilities 0.73 times.
Balance Sheet — 4 Years (USD millions)
Metric
2021
2022
2023
2024
Total Assets
$1.5B
$2.1B
$2.1B
$2.2B
Current Assets
$72.0M
$145.0M
$154.0M
$177.0M
Cash
$27.0M
$129.0M
$133.0M
$165.0M
Inventory
$43.0M
$1.0M
$4.0M
$4.0M
Receivables
$1.0M
$6.0M
$11.0M
$6.0M
Fixed Assets
$1.4B
$1.9B
$1.9B
$2.0B
Capital Work in Progress
$0
$0
$0
$0
Investments
$1.0M
$9.0M
$7.0M
$2.0M
Other Assets
$0
$0
$0
$0
Total Liabilities
$718.0M
$1.3B
$1.3B
$1.5B
Current Liabilities
$414.0M
$279.0M
$292.0M
$244.0M
Borrowings
$631.0M
$1.1B
$1.1B
$1.3B
Other Liabilities
$87.0M
$204.0M
$185.0M
$173.0M
Equity
$786.0M
$54.0M
$54.0M
$54.0M
Reserves
$563.0M
$647.0M
$736.0M
$762.0M
For Cool Company Ltd., operating cash flow was positive in 4 of 4 reported years; free cash flow in the latest year was negative at $41.0M; free cash flow was positive in 2 of 4 years; financing activities used $10.0M in the latest year, which covers debt repayment, dividends and buybacks.
Cash Flow Statement — 4 Years (USD millions)
Metric
2021
2022
2023
2024
Operating Cash Flow
$115.0M
$116.0M
$199.0M
$146.0M
Investing Cash Flow
$0
$-693.0M
$-209.0M
$-375.0M
Financing Cash Flow
$45.0M
$-577.0M
$-2.0M
$-10.0M
Net Cash Flow
$15.0M
$56.0M
$4.0M
$28.0M
Free Cash Flow
$115.0M
$-231.0M
$2.0M
$-41.0M
Valuation & Return Ratios
Metric
Value
PEG Ratio
-0.51
EV / EBITDA
13.06
FCF Yield
-45.14%
Quick Ratio
0.82
Interest Coverage
1.50
Return 1Y
—
Return 3Y
—
Return 5Y
—
Cool Company Ltd. (CLCO) financials — frequently asked questions
What is Cool Company Ltd.'s annual revenue?
Cool Company Ltd. (CLCO) reported annual revenue of $323.0M in its most recent fiscal year.
What is Cool Company Ltd.'s net profit?
Cool Company Ltd. (CLCO) reported net profit of $98.0M in its most recent fiscal year.
What is CLCO EV/EBITDA?
Cool Company Ltd.'s enterprise value to EBITDA (EV/EBITDA) ratio is 13.06.