See more : Medialink Group Limited (2230.HK) Income Statement Analysis – Financial Results
Complete financial analysis of KNOT Offshore Partners LP (KNOP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of KNOT Offshore Partners LP, a leading company in the Marine Shipping industry within the Industrials sector.
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KNOT Offshore Partners LP (KNOP)
About KNOT Offshore Partners LP
KNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters. As of March 17, 2022, it operated a fleet of seventeen shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 290.72M | 268.59M | 281.13M | 279.22M | 282.56M | 279.46M | 219.20M | 173.67M | 155.02M | 112.84M | 73.40M | 65.65M | 43.91M |
| Cost of Revenue | 209.79M | 196.27M | 171.67M | 150.75M | 149.97M | 145.49M | 118.29M | 87.13M | 76.39M | 58.20M | 38.06M | 34.18M | 29.68M |
| Gross Profit | 80.93M | 72.32M | 109.46M | 128.47M | 132.59M | 133.97M | 100.91M | 86.54M | 78.64M | 54.64M | 35.35M | 31.47M | 14.23M |
| Gross Profit Ratio | 27.84% | 26.93% | 38.93% | 46.01% | 46.92% | 47.94% | 46.04% | 49.83% | 50.73% | 48.42% | 48.15% | 47.94% | 32.41% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 6.14M | 6.10M | 6.46M | 5.39M | 4.86M | 5.29M | 5.56M | 4.37M | 4.29M | 4.32M | 5.36M | 1.40M | 927.00K |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 6.14M | 6.10M | 6.46M | 5.39M | 4.86M | 5.29M | 5.56M | 4.37M | 4.29M | 4.32M | 5.36M | 1.40M | 927.00K |
| Other Expenses | 49.65M | 79.93M | 65.65M | 55.61M | 0.00 | 0.00 | 41.15M | 26.53M | 23.25M | 19.56M | 8.93M | 0.00 | 0.00 |
| Operating Expenses | 55.79M | 6.10M | 6.46M | 5.39M | 4.86M | 5.29M | 5.56M | 4.37M | 4.29M | 4.32M | 5.36M | 1.40M | 927.00K |
| Cost & Expenses | 262.74M | 202.36M | 178.13M | 156.14M | 154.83M | 150.78M | 123.85M | 91.50M | 80.68M | 62.52M | 43.42M | 35.58M | 30.60M |
| Interest Income | 3.47M | 822.00K | 2.00K | 125.00K | 865.00K | 739.00K | 248.00K | 24.00K | 8.00K | 13.00K | 30.00K | 19.00K | 34.00K |
| Interest Expense | 72.66M | 42.60M | 28.07M | 31.65M | 50.74M | 49.96M | 30.71M | 20.87M | 17.45M | 15.27M | 10.77M | 13.47M | 9.65M |
| Depreciation & Amortization | 110.25M | 107.42M | 99.56M | 90.05M | 90.45M | 89.36M | 72.01M | 56.23M | 47.33M | 32.80M | 23.77M | 19.66M | 16.23M |
| EBITDA | 144.64M | 210.19M | 183.00M | 187.63M | 201.00M | 222.74M | 172.18M | 139.50M | 121.77M | 83.22M | 54.17M | 46.38M | 8.96M |
| EBITDA Ratio | 49.75% | 64.19% | 71.37% | 75.69% | 76.69% | 77.29% | 75.13% | 78.07% | 78.17% | 43.48% | 38.10% | 70.65% | 61.10% |
| Operating Income | 25.14M | 66.22M | 101.99M | 123.08M | 127.73M | 128.68M | 95.36M | 82.17M | 68.13M | 50.32M | 29.98M | 30.08M | 13.31M |
| Operating Income Ratio | 8.65% | 24.66% | 36.28% | 44.08% | 45.20% | 46.05% | 43.50% | 47.31% | 43.95% | 44.59% | 40.85% | 45.81% | 30.30% |
| Total Other Income/Expenses | -64.06M | -6.68M | -19.21M | -57.85M | -68.76M | -46.52M | -27.31M | -21.08M | -27.75M | -22.91M | -12.09M | -14.62M | -30.88M |
| Income Before Tax | -38.92M | 59.54M | 54.36M | 65.24M | 58.97M | 82.16M | 68.05M | 61.09M | 40.38M | 27.41M | 17.89M | 5.45M | -17.58M |
| Income Before Tax Ratio | -13.39% | 22.17% | 19.34% | 23.36% | 20.87% | 29.40% | 31.04% | 35.17% | 26.05% | 24.29% | 24.37% | 8.29% | -40.03% |
| Income Tax Expense | -4.60M | 875.00K | 488.00K | 10.00K | 9.00K | -2.00K | -16.00K | -15.00K | -59.00K | 15.00K | 2.83M | 1.26M | -1.24M |
| Net Income | -34.33M | 58.67M | 53.88M | 65.23M | 58.96M | 82.17M | 68.07M | 61.10M | 40.44M | 27.39M | 15.06M | 4.18M | -16.34M |
| Net Income Ratio | -11.81% | 21.84% | 19.16% | 23.36% | 20.87% | 29.40% | 31.05% | 35.18% | 26.09% | 24.27% | 20.52% | 6.37% | -37.21% |
| EPS | -1.18 | 1.48 | 1.39 | 1.74 | 1.55 | 2.51 | 2.26 | 2.25 | 1.60 | 1.39 | 0.88 | 0.04 | -0.95 |
| EPS Diluted | -1.03 | 1.33 | 1.24 | 1.74 | 1.55 | 2.51 | 2.26 | 2.25 | 1.60 | 1.39 | 0.88 | 0.04 | -0.95 |
| Weighted Avg Shares Out | 34.30M | 34.30M | 33.24M | 32.69M | 32.69M | 32.69M | 30.07M | 27.19M | 25.27M | 19.78M | 17.14M | 17.14M | 17.14M |
| Weighted Avg Shares Out (Dil) | 39.32M | 38.34M | 37.26M | 32.69M | 32.69M | 32.69M | 30.07M | 27.19M | 25.27M | 19.78M | 17.14M | 17.14M | 17.14M |
KNOT Offshore Partners LP Announces Appointment of New CEO/CFO
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (the “Partnership”) today announced that following the decision of Mr. Gary Chapman to step down as the Partnership's CEO/CFO announced on April 10, 2023, the Partnership is pleased to confirm that Mr. Derek...
KNOT Offshore Partners LP Announces Second Quarter 2023 Earnings Results Conference Call
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Second Quarter of 2023 before opening of the market on Thursday, August 31, 2023. The Partnership also plans to host a conference call...
KNOT Offshore Partners LP Announces Second Quarter 2023 Cash Distribution
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“The Partnership”) Distribution The Partnership announced today that its Board of Directors has declared a quarterly cash distribution with respect to the quarter ended June, 30 2023, of $0.026 per common unit. This...
KNOT Offshore Partners LP Announces First Quarter 2023 Earnings Results Conference Call
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the First Quarter of 2023 before opening of the market on Friday, May 26, 2023. The Partnership also plans to host a conference call...
KNOT Offshore Partners LP (KNOP) Q4 2022 Earnings Call Transcript
KNOT Offshore Partners LP (NYSE:KNOP ) Q4 2022 Results Conference Call March 15, 2023 10:00 AM ET Company Participants Gary Chapman - CEO and CFO Conference Call Participants Liam Burke - B. Riley Richard Diamond - Castlewood Poe Fratt -...
KNOT Offshore Partners LP Announces Fourth Quarter 2022 Earnings Results Conference Call
ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP) (“the Partnership”) plans to release its financial results for the Fourth Quarter of 2022 before opening of the market on Wednesday, March 15, 2023. The Partnership also plans to host a conference call...
KNOT Offshore Partners: 3 Reasons Not To Jump Aboard This Ship
KNOT Offshore Partners recently cut their distributions by 95%, which management blames on their lack of future earnings visibility in 2023. Worryingly, 2024 and beyond sees even less earnings visibility and thus as it stands right now, this is not...
Why Units of KNOT Offshore Partners Are Plunging Today
The shuttle tanker operator is struggling to find work for its fleet.
KNOT Offshore Partners Cuts Common Unit Distribution By 95%, Now What?
Leading shuttle tanker player is the latest partnership to succumb to adverse market conditions. Quarterly cash distribution will be cut by 95% to a measly $0.026 per common unit.
KNOT Offshore Partners: Lots Of Issues Ahead
KNOP faces multiple issues and implied pricing of distribution cut could mean lower unit prices going forward. Revenues in the next year might decline facing renewals on contracts.
Source: https://incomestatements.info
Category: Stock Reports