
GasLog Ltd. Income Statement 2020-2011 | GLOG
Brief overview of profit and loss at GasLog Ltd.
The overview follows changes across a five-year period. GasLog Ltd. reported revenue of 415 million dollars in 2015 and 674 million dollars by 2020. The five-year change reached +62.4%, while CAGR stood at 10.2%. Revenue followed a strong upward trend without signs of stagnation.
The gross result shifted from $317 million to $327 million, or +3.2%. Gross margin moved from 76.3% to 48.5%. A lower margin indicates deterioration in the economics of the core business.
EBITDA was $261 million at the beginning and $457 million at the end of the period (+75%). EBITDA grew faster than revenue, indicating positive operating leverage. Comparing the endpoints gives EBITDA margins of 62.9% and 67.8%. The increased EBITDA share is a positive sign.
Across the five years, the net result shifted from $10.8 million to −$44.9 million. The business lost profitability by the end of the period.
Over the period, capitalization shifted from 602 million dollars to 331 million dollars (−45%). The market has not yet confirmed the improvement in fundamentals.
What the figures show
The current trajectory does not yet confirm a sustainable recovery. The financial profile benefits from positive operating leverage and sales growth. The main areas of concern are lower investor confidence, weaker gross profitability and lower net income. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement GasLog Ltd.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
331 M | 538 M | 1.5 B | 1.65 B | 1.34 B | 602 M | 1.38 B | 1.38 B | 729 M | - |
Shares |
80.8 M | 80.8 M | 80.8 M | 80.6 M | 80.5 M | 80.6 M | 78.8 M | 62.9 M | 56.7 M | - |
Net Income |
-44.9 M | -101 M | 47.7 M | 15.5 M | -21.5 M | 10.8 M | 42.2 M | 56.9 M | 4.3 M | 14 M |
Revenue |
674 M | 669 M | 618 M | 525 M | 466 M | 415 M | 329 M | 157 M | 68.5 M | 66.5 M |
EBITDA |
457 M | 289 M | 446 M | 353 M | 297 M | 261 M | 216 M | 101 M | 33.6 M | 37.5 M |
Operating Expenses |
47.2 M | 47.4 M | 42 M | 39.8 M | 37.4 M | 40.6 M | 34.4 M | 21.6 M | 20.4 M | 28.8 M |
General and Administrative Expenses |
29.5 M | 71.4 M | 44.5 M | 48 M | 52.6 M | 54.9 M | 34.4 M | 21.6 M | 20.4 M | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company GasLog Ltd. (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.