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Side-by-side financial comparison of Flex LNG Ltd. (FLNG) and SunCar Technology Group Inc. (SDA). Click either name above to swap in a different company.

Flex LNG Ltd. is the larger business by last-quarter revenue ($173.2M vs $119.7M, roughly 1.4× SunCar Technology Group Inc.). Flex LNG Ltd. runs the higher net margin — 22.2% vs -1.6%, a 23.7% gap on every dollar of revenue.

Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon ...

SunCar Technology Group Inc. is a professional automotive digital service provider mainly operating in the Chinese market. It delivers connected car solutions, automotive big data services, and intelligent mobility operation support to automobile manufacturers, fleet operators, and end vehicle users, focusing on improving smart driving experience and automotive digital operation efficiency.

FLNG vs SDA — Head-to-Head

Bigger by revenue
FLNG
FLNG
1.4× larger
FLNG
$173.2M
$119.7M
SDA
Higher net margin
FLNG
FLNG
23.7% more per $
FLNG
22.2%
-1.6%
SDA

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
FLNG
FLNG
SDA
SDA
Revenue
$173.2M
$119.7M
Net Profit
$38.4M
$-1.9M
Gross Margin
Operating Margin
48.9%
1.5%
Net Margin
22.2%
-1.6%
Revenue YoY
-4.5%
Net Profit YoY
-38.7%
EPS (diluted)
$0.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLNG
FLNG
SDA
SDA
Q4 25
$173.2M
Q2 25
$119.7M
Q1 25
$102.6M
Q4 24
$181.4M
Q3 24
$109.6M
Q4 23
$191.8M
Q4 22
$189.2M
Net Profit
FLNG
FLNG
SDA
SDA
Q4 25
$38.4M
Q2 25
$-1.9M
Q1 25
$-3.6M
Q4 24
$62.6M
Q3 24
$-2.2M
Q4 23
$64.5M
Q4 22
$88.0M
Operating Margin
FLNG
FLNG
SDA
SDA
Q4 25
48.9%
Q2 25
1.5%
Q1 25
-2.9%
Q4 24
55.9%
Q3 24
0.2%
Q4 23
59.4%
Q4 22
60.2%
Net Margin
FLNG
FLNG
SDA
SDA
Q4 25
22.2%
Q2 25
-1.6%
Q1 25
-3.6%
Q4 24
34.5%
Q3 24
-2.0%
Q4 23
33.6%
Q4 22
46.5%
EPS (diluted)
FLNG
FLNG
SDA
SDA
Q4 25
$0.71
Q2 25
Q1 25
$-0.03
Q4 24
$1.16
Q3 24
$-0.01
Q4 23
$1.19
Q4 22
$1.64

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLNG
FLNG
SDA
SDA
Cash + ST InvestmentsLiquidity on hand
$447.6M
$45.7M
Total DebtLower is stronger
$1.9B
Stockholders' EquityBook value
$719.3M
$29.4M
Total Assets
$2.6B
$277.5M
Debt / EquityLower = less leverage
2.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLNG
FLNG
SDA
SDA
Q4 25
$447.6M
Q2 25
$45.7M
Q1 25
$60.5M
Q4 24
$437.2M
Q3 24
$42.0M
Q4 23
$410.4M
Q4 22
$332.3M
Total Debt
FLNG
FLNG
SDA
SDA
Q4 25
$1.9B
Q2 25
Q1 25
Q4 24
$1.8B
Q3 24
Q4 23
$1.8B
Q4 22
$1.7B
Stockholders' Equity
FLNG
FLNG
SDA
SDA
Q4 25
$719.3M
Q2 25
$29.4M
Q1 25
$34.8M
Q4 24
$806.6M
Q3 24
$17.7M
Q4 23
$847.7M
Q4 22
$907.1M
Total Assets
FLNG
FLNG
SDA
SDA
Q4 25
$2.6B
Q2 25
$277.5M
Q1 25
$276.7M
Q4 24
$2.7B
Q3 24
$252.1M
Q4 23
$2.7B
Q4 22
$2.7B
Debt / Equity
FLNG
FLNG
SDA
SDA
Q4 25
2.59×
Q2 25
Q1 25
Q4 24
2.26×
Q3 24
Q4 23
2.15×
Q4 22
1.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLNG
FLNG
SDA
SDA
Operating Cash FlowLast quarter
$73.7M
$9.0K
Free Cash FlowOCF − Capex
$3.0K
FCF MarginFCF / Revenue
0.0%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.92×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLNG
FLNG
SDA
SDA
Q4 25
$73.7M
Q2 25
$9.0K
Q1 25
$-9.3M
Q4 24
$100.4M
Q3 24
$3.8M
Q4 23
$100.4M
Q4 22
$125.3M
Free Cash Flow
FLNG
FLNG
SDA
SDA
Q4 25
Q2 25
$3.0K
Q1 25
$-9.3M
Q4 24
Q3 24
$3.5M
Q4 23
Q4 22
FCF Margin
FLNG
FLNG
SDA
SDA
Q4 25
Q2 25
0.0%
Q1 25
-9.0%
Q4 24
Q3 24
3.2%
Q4 23
Q4 22
Capex Intensity
FLNG
FLNG
SDA
SDA
Q4 25
Q2 25
0.0%
Q1 25
0.0%
Q4 24
Q3 24
0.3%
Q4 23
Q4 22
Cash Conversion
FLNG
FLNG
SDA
SDA
Q4 25
1.92×
Q2 25
Q1 25
Q4 24
1.60×
Q3 24
Q4 23
1.56×
Q4 22
1.42×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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