sur Stabilis Solutions (NASDAQ:SLNG)
Stabilis Solutions Reports First Quarter 2025 Financial Results
Stabilis Solutions, a Houston-based leader in clean fueling solutions, announced its financial results for the first quarter of 2025. The company reported revenues of $17.3 million, marking a decrease of 12.3% from the same period in 2024. Net loss was recorded at $1.6 million, down from a net income of $1.5 million the previous year.
Despite a revenue decline attributed to planned downtime and project completion, growth in the aerospace and marine sectors remained robust with a 13% increase compared to the prior year. Adjusted EBITDA was $2.1 million, representing 11.9% of revenue, compared to $3.1 million or 15.7% last year.
Management highlighted progress in strategic initiatives and maintained a strong balance sheet with $12.5 million in cash and credit availability. Stabilis continues to focus on expanding its presence in high-growth markets such as marine bunkering and commercial aerospace.
R. P.
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