← KNOT Offshore Partners LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $173.7m |
$219.2m
+26.22%
|
$278.2m
+26.91%
|
$282.5m
+1.55%
|
$278.6m
-1.39%
|
$269.3m
-3.33%
|
$268.6m
-0.27%
|
$290.7m
+8.24%
|
$318.6m
+9.59%
|
$364.4m
+14.39%
|
$372.4m
+2.19%
|
|
| Revenue from contract with customers | $172.9m | $212.5m | $278.2m | $282.5m | $278.6m | $269.3m | $530.3m | $563.0m | $617.5m | $722.8m | — | |
| General and Administrative Expense | $4.4m | $5.6m | $5.3m | $4.9m | $5.4m | $6.5m | $6.1m | $6.1m | $6.1m | $7.4m | $8.1m | |
| Amortization of Intangible Assets | — | $429k | $606k | $605k | $605k | $606k | $75k | — | — | — | — | |
| Vessel operating expenses | — | $46.7m | $56.7m | $60.1m | $61.0m | $72.1m | $86.0m | $93.4m | $108.5m | $132.0m | — | |
| Operating Expenses | $91.5m | $123.8m | $150.8m | $154.8m | $156.1m | $207.6m | $202.4m | $265.6m | $246.4m | $281.1m | $276.3m | |
| Operating Income (Loss) | $82.2m |
$95.4m
+16.05%
|
$128.7m
+34.95%
|
$127.7m
-0.74%
|
$123.1m
-3.64%
|
$73.6m
-40.22%
|
$66.2m
-9.99%
|
$25.1m
-62.04%
|
$72.9m
+190.08%
|
$84.6m
+16.09%
|
$96.2m
+13.61%
|
|
| Interest Expense | $20.9m | $30.7m | $50.0m | $50.7m | $31.6m | $28.1m | $42.6m | $72.1m | $67.4m | $62.0m | $58.7m | |
| Interest Expense, Debt | — | $29.0m | $46.8m | $48.1m | $29.1m | — | — | — | — | — | $58.7m | |
| Interest income | $24k | $248k | $739k | $865k | $125k | $2k | $822k | $3.5m | $3.6m | $3.6m | $3.6m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($139k) | ($267k) | ($79k) | ($252k) | $57k | ($96k) | $220k | ($237k) | ($943k) | ($89k) | — | |
| Realized and unrealized gain (loss) on derivative instruments | $1.2m | $4.8m | $4.0m | ($17.8m) | ($25.7m) | $10.0m | $35.5m | $5.4m | $6.8m | ($924k) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | ($358k) | ($755k) | — | |
| Other Income | $793k | $1.5m | $815k | $59k | $641k | $373k | $341k | $1.9m | $2.1m | $2.2m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $61.1m | $68.0m | $82.2m | $59.0m | $65.2m | $54.4m | $59.5m | ($38.9m) | $14.7m | $24.4m | $19.2m | |
| Current Income Tax Expense (Benefit) | $14k | $12k | $18k | $9k | $10k | $488k | $878k | ($4.6m) | $606k | $1.2m | $861k | |
| Income Tax Expense (Benefit) | ($15k) | ($16k) | ($2k) | $9k | $10k | $488k | $875k | ($4.6m) | $631k | $1.2m | $861k | |
| Net loss on foreign currency transactions | ($139k) | ($267k) | ($79k) | ($252k) | $57k | ($96k) | $220k | ($237k) | ($943k) | ($89k) | — | |
| Net Income (Loss) Attributable to Parent | ($426k) |
$62.8m
+14844.37%
|
$82.2m
+30.81%
|
$59.0m
-28.25%
|
$65.2m
+10.63%
|
$53.9m
-17.40%
|
$58.7m
+8.89%
|
($34.3m)
-158.51%
|
$14.1m
+140.97%
|
$23.3m
+65.37%
|
$11.2m
-51.83%
|
|
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | $100k | $200k | $100k | $0 | $100k | — | $40k | — | — | — | — | |
| Other Cost and Expense, Operating | $30.9m | $46.7m | — | — | — | — | — | — | — | — | — | |
| Loss of hire insurance recoveries | — | $5.2m | $450k | — | — | $11.4m | $758k | $2.8m | $6.0m | $607k | — | |
| Gain from disposal of vessel | — | — | — | — | — | — | — | — | $703k | $1.3m | — | |
| Voyage expenses and commission | — | — | — | — | — | — | $2.8m | $5.5m | $3.6m | $1.7m | — | |
| Depreciation | $56.2m | $71.6m | $88.8m | $89.8m | $89.7m | $99.6m | $107.4m | $110.9m | $111.8m | $119.7m | — | |
| Impairment | — | — | — | — | — | $29.4m | $0 | $49.6m | $16.4m | $20.3m | ($703k) | |
| Other finance expense | — | — | — | — | ($705k) | ($1.0m) | ($628k) | ($589k) | ($358k) | ($755k) | — | |
| Total finance expense | ($21.1m) | ($27.3m) | ($46.5m) | ($68.8m) | ($57.8m) | ($19.2m) | ($6.7m) | ($64.1m) | ($58.2m) | ($60.2m) | — |