)
Cool Company (CLCO) investor relations material
Cool Company Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 operating revenues reached $86.3 million, up from $85.5 million in Q2 2025, with net income at $10.8 million, down from $11.9 million due to higher non-recurring legal expenses.
Average daily TCE improved to $70,500 from $69,900 sequentially, while adjusted EBITDA declined to $52.6 million from $56.5 million.
A three-year floating-rate charter commenced, and two vessel drydocks were completed, including performance upgrades.
Announced a merger agreement with EPS Ventures Ltd, with all outstanding shares to be acquired for $9.65 per share, expected to close by Q1 2026.
Financial highlights
Time and voyage charter revenues for Q3 2025 were $81.7 million, up from $81.2 million in Q2 2025 and $77.7 million in Q3 2024.
Operating income for Q3 2025 was $32.6 million, down from $37.0 million in Q2 2025 and $38.9 million in Q3 2024.
Net income for the nine months ended September 30, 2025, was $31.8 million, compared to $71.4 million for the same period in 2024.
Adjusted EBITDA for Q3 2025 was $52.6 million, compared to $56.5 million in Q2 2025 and $53.7 million in Q3 2024.
Cash and cash equivalents at September 30, 2025, were $117.6 million, with total contractual debt at $1,387.8 million.
Outlook and guidance
The merger with EPS is expected to close in Q4 2025 or Q1 2026, after which shares will be delisted from NYSE and Euronext Growth Oslo.
Forward-looking statements highlight expectations for LNG shipping market trends, charter rates, and vessel utilization, but caution significant risks and uncertainties.
Next Cool Company earnings date
Next Cool Company earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage