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Strategic wealth sales and …

  • Core income: 110 million US dollars, 177 million US dollars, 109 million US dollars, 116 million US dollars for the last quarters.

  • EBITDA forecast: USD 1.25 billion to 1.5 billion US dollars for the year.

  • Jamaica sales: Sale of 1.055 billion US dollars, 800 million US dollars net proceeds, $ 430 million.

  • Fema allegation: 659 million US dollars submitted.

  • Fsru-Superter: 143 million US dollars, 59 million US dollars, 110 million US dollars, $ 312 million; Bar value 236 million US dollars.

  • Excess freight sales: $ 296 million in the fourth quarter, $ 125 million collected in 2026-2028.

  • Jamaica Ebbitda: 125 million US dollars from the stable, mature market.

  • Debt repayment: 227 million US dollars from the sale of Jamaica.

  • Net proceeds from the sale of Jamaica: 778 million US dollars.

  • Segment company margin: 106 million US dollars for the first quarter of 2025.

  • Adapted EBITDA: 82 million US dollars for the first quarter of 2025.

  • Net lust: $ 200 million for the first quarter of 2025 or $ 0.73 per share.

  • Cash at hand: 448 million US dollars at the end of the first quarter of 2025.

  • Pro forma liquidity: Over 1.1 billion US dollars at the end of the first quarter of 2025.

Appearance date: May 14, 2025

For the complete protocol of the earnings call, see the full profit call transcription.

  • New Fortress Energy Inc (Nasdaq: NFE) reported on the core win for the quarter in accordance with expectations, which shows a consistent performance.

  • The company successfully completed the sale of its Jamaica assets and achieved a gross proceeds of 1.055 billion US dollars and a profit of $ 430 million.

  • NFE has a strong liquidity position with over 1.1 billion US dollars of Pro -SForma liquidity at the end of Q1 2025.

  • The company focuses on solving and simplifying its balance sheet in order to refinance its corporate debt structure.

  • The strategic investments of NFE in Brazil are about to be completed. The most important power plants will soon reach commercial operating data and offer contractual assets in the long term.

  • The company's EBITDA for the quarter was lower than forecast due to the absence of unique results.

  • NFE reported a net loss of $ 200 million for the first quarter of 2025, which led to a loss of $ 0.73 per share.

  • The delay in the Brazilian capacity auction has produced short -term uncertainty, although the structural power supply remains.

  • The Puerto Rico-Energies system is subjected and outdated and represents the challenges for the operations and the growth of NFE in the region.

  • The NFE FLNG 2 project has only had a slight development results in the past 60 days, which indicates potential delays.

Q: Could you explain the restricted money in the balance sheet and the hurdles to make it without restriction? A: Christopher Guinta, CFO: The limited cash is mainly related to Capex in Brazil for the power plants Celba and Portocem. Around 40 to 50 million US dollars are limited for other credit instruments, with 30 million US dollars may be released after the Jamaica transaction.

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