Stabilis solutions announces fourth quarter and full year 2023 results

Houston, tx / accesswire / march 6, 2024 / stabilis solutions, inc., ("stabilis" or the "company") (nasdaq:slng), a leading provider of clean energy production, storage, and delivery solutions to multiple end markets, today announced financial results for the fourth quarter and full year ended december 31, 2023. performance highlights generated positive fourth quarter and full-year net income delivered $6.7 million of cash flow from operations in full year 2023 more than $11.0 million of cash and available liquidity and net leverage ratio of 0.6x as of december 31, 2023 commenced deliveries on previously announced multi-year lng bunkering contract with carnival corporation anticipate marine bunkering business to represent more than one-third of total revenue for the full year 2024 management commentary "our fourth quarter performance was a strong finish to an historic year for stabilis," stated westy ballard, president and chief executive officer.
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