NewFortress Energy 2Q23 Results
Total Seg. Revenue ($mm)
Total Seg. Op. Margin(21¹) ($mm)
(-) Core SG&A(2) ($mm)
Financial Results
Realized $246mm of Adj. EBITDA(2) for Q2-23
Adj. EBITDA(2) ($mm)
Adj. Net (Loss) Income(22) ($mm)
(excluding non-cash impairment charges)
Adj. EPS(23) ($/share), Diluted
(excluding non-cash impairment charges)
Net (Loss) Income(4) ($mm)
EPS ($/share), Diluted
(i)
After NCI
Q1 2023
$601
$481
($41)
$440
$187
$0.90
$152
$0.71
Q2 2023
$561
$294
($47)
$246
$120
$0.58
$120
$0.58
QoQ A
($40)
($187)
($6)
($194)
($68)
($0.32)
($32)
($0.13)
NFE completed 2
financings in the past 60
days, thus strengthening
our balance sheet
1. $200mm equipment
financing secured by the
turbines purchased for
Puerto Rico
2. $400mm term loan
that will be replaced with
upsized facility secured
by FLNG 1
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