Dorian LPG (LPG) FY2022 results: revenue $274 million, down 13.2% on the year
Dorian LPG Ltd. (LPG) reported revenue of $274 million for fiscal 2022, the year ended 31 March 2022, down 13.2% on the year before. Net income was $72 million, down 22.3%, and diluted earnings per share $1.78. The figures are the company's own, from the 10-K it filed with the SEC on 2 June 2022.
Revenue
$274 million
-13.2% on the year
FY2015FY2022
Operating margin
33.7%
36.7% a year earlier
FY2015FY2022
Net income
$72 million
-22.3% on the year
FY2015FY2022
Diluted EPS
$1.78
-4.3% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
119
171
169
-30.4%
Capital expenditure
23.2
9.5
19.9
+144.2%
Free cash flow
95.5
161
149
-40.7%
Free cash flow margin
34.8%
51.0%
44.7%
Cash from investing
68.8
1.0
-33.1
+6,634.6%
Cash from financing
-35.2
-174
-115
Depreciation and amortisation
66.4
68.5
66.3
-3.0%
Share-based compensation
3.3
3.4
3.2
-0.7%
Buybacks
21.4
126
50.6
-83.1%
Dividends paid
80.1
n/a
n/a
Dividend per share
$2.00
n/a
n/a
Diluted shares, weighted
40m
50m
54m
-19.0%
Shares outstanding at period end
40m
41m
51m
-3.2%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
920
947
977
-2.8%
Debt
663
591
635
+12.1%
Operating lease liabilities
n/a
8.1
17.7
Other liabilities
24.4
35.2
42.3
-30.6%
Total liabilities and equity
1,607
1,582
1,672
+1.6%
Fixed assets
1,255
1,377
1,438
-8.9%
Investments
n/a
n/a
14.9
Cash and equivalents
237
79.3
48.4
+198.4%
Receivables
0.9
0.2
0.8
+321.8%
Inventory
2.3
2.0
2.0
+12.9%
Other assets
113
123
168
-8.1%
Total assets
1,607
1,582
1,672
+1.6%
10-K for the year ended 31 March 2022, filed 2 June 2022: the filing.