Flex LNG Ltd., a Bermuda-based owner of modern, fuel-efficient LNG carriers operating under long-term contracts, reported declining operating income and net income in 2025 relative to prior years, reflecting some market and operational pressures. Despite the profit contraction, the company maintained strong liquidity with a current ratio above 3.0 and ample cash reserves. Flex LNG continued its consistent dividend policy supported by cash flow from operations and employed sale-leaseback financing to optimize balance sheet flexibility. Interest rate exposure is actively managed through swaps. The key risks include exposure to volatile charter rates and floating debt costs, offset by the competitive advantage of its advanced fleet and secured contract portfolio.