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CLCO

Cool Company Ltd.

CLCO

Cool Company Ltd. • NYSE
$9.77 ▼ -0.10% (-0.01)
Market Cap $517.45 M
52w High $9.86
52w Low $4.51
Dividend Yield 0.60%
P/E 9.3
Volume 52.30K
Outstanding Shares 52.96M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $86.311M ▲ $7.551M ▲ $10.847M ▼ 12.567% ▼ $0 ▼ $29.553M ▼
Q2-2025 $81.79M ▼ $4.345M ▼ $11.858M ▲ 14.498% ▲ $0.22 ▲ $54.663M ▲
Q1-2025 $81.882M ▲ $4.9M ▼ $9.072M ▼ 11.079% ▼ $0.17 ▼ $51.065M ▼
Q4-2024 $81.485M ▲ $21.711M ▲ $27.352M ▲ 33.567% ▲ $0.51 ▲ $66.947M ▲
Q3-2024 $78.512M $5.66M $8.149M 10.379% $0.15 $41.89M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $117.646M ▲ $2.31B ▲ $1.52B ▼ $790.056M ▲
Q2-2025 $109.206M ▼ $2.31B ▼ $1.531B ▼ $779.228M ▲
Q1-2025 $135.389M ▼ $2.354B ▲ $1.583B ▲ $771.035M ▲
Q4-2024 $165.274M ▲ $2.243B ▲ $1.482B ▲ $761.5M ▲
Q3-2024 $142.439M $2.074B $1.26B $742.366M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $31.777M ▲ $67.472M ▲ $-171.69M ▼ $56.651M ▲ $-47.567M ▼ $-104.217M ▼
Q2-2025 $11.858M ▲ $35.153M ▲ $-8.719M ▲ $-52.595M ▼ $-26.161M ▲ $26.434M ▲
Q1-2025 $9.072M ▼ $7.334M ▼ $-160.311M ▼ $123.126M ▼ $-29.851M ▼ $-152.977M ▼
Q4-2024 $27.353M ▲ $31.7M ▼ $-149.014M ▼ $138.443M ▲ $21.129M ▼ $-117.314M ▼
Q3-2024 $8.149M $33.041M $-13.231M $38.28M $58.09M $19.81M

Five-Year Company Overview

Income Statement

Income Statement Revenue has grown meaningfully over the last few years as the fleet has ramped up, though there is a slight step back most recently. Profitability looks solid: the company converts a large portion of its revenue into gross profit and operating profit, which is typical for modern, well‑chartered LNG carriers. That said, earnings at the bottom line have come down from an unusually strong recent year, suggesting some normalization and possibly higher financing or other non‑operating costs. Overall, the income statement shows a healthy core business with good margins, but with earnings that can swing from year to year, which is common in shipping and in younger, fast‑growing fleets.

Balance Sheet

Balance Sheet The balance sheet shows a capital‑intensive shipping company that has been expanding. Total assets have risen as the fleet has grown and been upgraded. Debt has also increased and now represents a sizable portion of the capital structure, which is typical for shipowners but does mean higher financial leverage and interest sensitivity. Equity has been trending upward, indicating that the business is retaining value over time. Cash on hand has improved compared with earlier years, but remains modest relative to the size of the asset base, so the company likely relies on steady charter cash flows and ongoing access to financing to support operations and investments.

Cash Flow

Cash Flow Operating cash flow is consistently positive and has grown as the fleet has been deployed on contracts, which helps support debt service and day‑to‑day needs. Free cash flow, however, is often negative because the company is spending heavily on new vessels and upgrades. Capital spending has been substantial in most years, reflecting a deliberate strategy to modernize and expand the fleet rather than to maximize near‑term cash. In practical terms, this means the business is cash‑generative at the operating level, but most of that cash is being plowed back into assets, funded partly with debt, rather than accumulating as surplus cash.

Competitive Edge

Competitive Edge Cool Company operates in a specialized niche of LNG shipping with a modern, fuel‑efficient fleet, which is a clear commercial advantage versus older tonnage. Its focus on advanced propulsion and lower emissions makes its ships attractive to high‑quality charterers who care about cost, reliability, and environmental performance. A large portion of the fleet is tied up on multi‑year contracts with major energy players, creating relatively predictable cash flows and some insulation from spot market swings. The backing of a large, well‑connected sponsor provides additional bargaining power with shipyards, lenders, and customers. Key risks include the cyclical nature of energy shipping, potential shifts in global LNG demand, and the usual exposure to contract renewals over time, even if the current backlog is strong.

Innovation and R&D

Innovation and R&D Innovation at Cool Company is embedded in its fleet and upgrade strategy rather than in traditional lab‑style research. The LNGe upgrade program, with systems to reduce fuel burn and capture gas that would otherwise be wasted, directly improves vessel efficiency and emissions, which can translate into better charter terms and regulatory resilience. Newbuild ships are designed around the latest propulsion and hull technologies, positioning the company near the front of the industry on environmental performance. The firm also offers vessel management services, using its operational know‑how as a differentiator. Overall, the company appears to treat technology and decarbonization as core strategic tools to maintain a premium position in the LNG shipping market, rather than as optional add‑ons.

Summary

Cool Company combines a modern LNG shipping platform with robust operating margins and stable contract coverage, but at the cost of high capital intensity and rising leverage. The income statement signals a solid underlying business with some year‑to‑year volatility in net income. The balance sheet reflects a typical shipowner profile: asset‑heavy and debt‑financed, with gradually growing equity. Cash flows from operations are steady, yet much of that cash is reinvested into the fleet, resulting in limited free cash in investment years. Competitively, the firm benefits from a young, efficient fleet, long‑term charters, and strong sponsor support, which together provide a meaningful edge in a demanding, cyclical market. Its focus on efficiency upgrades and low‑emission vessels suggests it is aligned with tightening environmental standards and the LNG transition narrative. The planned move to become a private company changes how future value will be shared, but from a business‑fundamentals perspective, Cool Company stands out as a technologically advanced, contract‑backed LNG shipowner with both strengths and the usual sector risks tied to leverage, energy markets, and long‑term charter dynamics.

NEWS

November 20, 2025 · 1:00 AM UTC

Cool Company Ltd. Q3 2025 Business Update

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November 4, 2025 · 1:00 AM UTC

Cool Company Ltd. Announces Record Date for Special Meeting for Proposed Merger with Newly Formed, Wholly Owned Subsidiary of EPS Ventures Ltd

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October 15, 2025 · 1:33 PM UTC

All The Cool Girls Get Fired Authors Used GoDaddy to Turn Setbacks into Power Moves

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October 7, 2025 · 5:30 PM UTC

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Cool Company Ltd. (NYSE: CLCO)

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September 29, 2025 · 1:14 PM UTC

CLCO Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Cool Company Ltd. Is Fair to Shareholders

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