Stabilis Solutions Reports 2024 Financial Results

Stabilis Solutions, Inc., a provider of clean fueling solutions, reported its financial results for the fourth quarter and full year ending December 31, 2024. The company achieved a net income of $2.1 million for Q4 and $4.6 million for the full year. Adjusted EBITDA stood at $4.0 million in Q4, with a margin of 23.2%, while the full-year EBITDA was $11.8 million, yielding a 16.1% margin.

The company highlighted its focus on asset optimization and system efficiency, which led to increased cash generation, rising to $2.2 million in Q4. Stabilis ended the year with $9.0 million in cash, further supported by $4.3 million in available credit.

Significant investments were made to expand LNG solutions targeted at marine and aerospace markets, which now account for nearly 50% of revenue. Stabilis remains committed to safety and performance excellence as it enters 2025 with strong capital resources.