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
Total Revenue $173.7m $219.2m $278.2m $282.5m $278.6m $269.3m $268.6m $290.7m $318.6m $364.4m
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
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
Total operating expenses $91.5m $123.8m $150.8m $154.8m $156.1m $207.6m $202.4m $265.6m $246.4m $281.1m
Operating Income (Loss) $82.2m $95.4m $128.7m $127.7m $123.1m $73.6m $66.2m $25.1m $72.9m $84.6m
Additional Financial Items
Amortization of Intangible Assets $429k $606k $605k $605k $606k $75k
Foreign Currency Transaction Gain (Loss), before Tax ($139k) ($267k) ($79k) ($252k) $57k ($96k) $220k ($237k) ($943k) ($89k)
Other Income $793k $1.5m $815k $59k $641k $373k $341k $1.9m $2.1m $2.2m
Loss of hire insurance recoveries $5.2m $450k $11.4m $758k $2.8m $6.0m $607k
Gain from disposal of vessel $703k $1.3m
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
Interest income $24k $248k $739k $865k $125k $2k $822k $3.5m $3.6m $3.6m
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)
Net loss on foreign currency transactions ($139k) ($267k) ($79k) ($252k) $57k ($96k) $220k ($237k) ($943k) ($89k)
Income (loss) before income taxes $61.1m $68.0m $82.2m $59.0m $65.2m $54.4m $59.5m ($38.9m) $14.7m $24.4m
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
Net Income (Loss) Attributable to Parent ($426k) $62.8m $82.2m $59.0m $65.2m $53.9m $58.7m ($34.3m) $14.1m $23.3m
General and Administrative Expense $4.4m $5.6m $5.3m $4.9m $5.4m $6.5m $6.1m $6.1m $6.1m $7.4m
Other Nonoperating Income (Expense) ($358k) ($755k)
Business Combination, Acquisition Related Costs $100k $200k $100k $0 $100k $40k
Current Income Tax Expense (Benefit) $14k $12k $18k $9k $10k $488k $878k ($4.6m) $606k $1.2m
Interest Expense $20.9m $30.7m $50.0m $50.7m $31.6m $28.1m $42.6m $72.1m $67.4m $62.0m
Interest Expense, Debt $29.0m $46.8m $48.1m $29.1m
Other Cost and Expense, Operating $30.9m $46.7m
Voyage expenses and commission $2.8m $5.5m $3.6m $1.7m
General and administrative expenses $4.4m $5.6m $5.3m $4.9m $5.4m $6.5m $6.1m $6.1m $6.1m $7.4m
Other finance expense ($705k) ($1.0m) ($628k) ($589k) ($358k) ($755k)
Income tax benefit (expense) $15k $16k $2k ($9k) ($10k) ($488k) ($875k) $4.6m ($631k) ($1.2m)
Income Tax Expense (Benefit) ($15k) ($16k) ($2k) $9k $10k $488k $875k ($4.6m) $631k $1.2m
Total finance expense ($21.1m) ($27.3m) ($46.5m) ($68.8m) ($57.8m) ($19.2m) ($6.7m) ($64.1m) ($58.2m) ($60.2m)