Hoegh LNG Partners LP
NYSE:HMLP
Income Statement
Earnings Waterfall
Hoegh LNG Partners LP
Revenue
|
141.8m
USD
|
Cost of Revenue
|
-28.9m
USD
|
Gross Profit
|
112.9m
USD
|
Operating Expenses
|
-34.1m
USD
|
Operating Income
|
78.8m
USD
|
Other Expenses
|
-22.5m
USD
|
Net Income
|
56.3m
USD
|
Income Statement
Hoegh LNG Partners LP
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||
Revenue |
52
N/A
|
74
+43%
|
69
-7%
|
72
+5%
|
72
-1%
|
52
-27%
|
55
+5%
|
51
-7%
|
57
+12%
|
68
+18%
|
79
+17%
|
91
+15%
|
91
0%
|
105
+15%
|
117
+12%
|
129
+11%
|
144
+11%
|
143
0%
|
145
+1%
|
146
+1%
|
147
+0%
|
148
+1%
|
145
-2%
|
145
0%
|
145
+1%
|
146
+0%
|
147
+0%
|
146
-1%
|
143
-2%
|
141
-1%
|
141
+0%
|
141
0%
|
141
+0%
|
142
+0%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||
Cost of Revenue |
(44)
|
(62)
|
(60)
|
(59)
|
(44)
|
(20)
|
(14)
|
(6)
|
(10)
|
(11)
|
(14)
|
(17)
|
(16)
|
(19)
|
(20)
|
(21)
|
(24)
|
(24)
|
(23)
|
(23)
|
(24)
|
(24)
|
(28)
|
(29)
|
(31)
|
(30)
|
(27)
|
(26)
|
(24)
|
(25)
|
(25)
|
(25)
|
(29)
|
(29)
|
|
Gross Profit |
8
N/A
|
12
+55%
|
9
-26%
|
13
+48%
|
27
+114%
|
32
+19%
|
41
+26%
|
45
+10%
|
48
+6%
|
56
+18%
|
65
+16%
|
74
+14%
|
75
+1%
|
86
+15%
|
97
+13%
|
108
+12%
|
120
+11%
|
120
+0%
|
122
+2%
|
123
+1%
|
122
-1%
|
123
+1%
|
117
-5%
|
116
-1%
|
115
-1%
|
115
+1%
|
119
+3%
|
119
0%
|
119
0%
|
116
-2%
|
116
0%
|
116
0%
|
112
-3%
|
113
+0%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||
Operating Expenses |
(8)
|
(11)
|
(13)
|
(14)
|
(14)
|
(12)
|
(10)
|
(9)
|
(11)
|
(14)
|
(17)
|
(20)
|
(20)
|
(23)
|
(26)
|
(28)
|
(31)
|
(31)
|
(31)
|
(31)
|
(30)
|
(30)
|
(30)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(31)
|
(32)
|
(33)
|
(34)
|
|
Selling, General & Administrative |
(8)
|
(11)
|
(12)
|
(13)
|
(13)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(9)
|
(9)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(10)
|
(11)
|
(12)
|
(12)
|
(14)
|
|
Depreciation & Amortization |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(3)
|
(5)
|
(8)
|
(11)
|
(11)
|
(13)
|
(16)
|
(18)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(22)
|
(22)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(20)
|
(20)
|
|
Operating Income |
(0)
N/A
|
1
N/A
|
(4)
N/A
|
(1)
+68%
|
14
N/A
|
21
+53%
|
31
+49%
|
36
+18%
|
36
0%
|
42
+16%
|
48
+14%
|
54
+12%
|
54
+1%
|
62
+15%
|
71
+13%
|
80
+13%
|
89
+11%
|
89
+0%
|
91
+3%
|
93
+2%
|
92
0%
|
94
+1%
|
87
-7%
|
85
-2%
|
83
-2%
|
84
+1%
|
89
+5%
|
88
-1%
|
88
+0%
|
86
-3%
|
85
-1%
|
84
-1%
|
80
-5%
|
79
-1%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||
Interest Income Expense |
42
|
31
|
8
|
5
|
(10)
|
(13)
|
1
|
(2)
|
8
|
(1)
|
(19)
|
(16)
|
(6)
|
4
|
5
|
(10)
|
(23)
|
(17)
|
(12)
|
1
|
(3)
|
(13)
|
(20)
|
(25)
|
(21)
|
(31)
|
(22)
|
(16)
|
(17)
|
5
|
(2)
|
(2)
|
(0)
|
(2)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
|
Pre-Tax Income |
40
N/A
|
31
-25%
|
2
-95%
|
1
-63%
|
1
+5%
|
5
+731%
|
29
+473%
|
31
+6%
|
42
+35%
|
38
-8%
|
26
-31%
|
35
+33%
|
45
+29%
|
64
+41%
|
73
+15%
|
67
-9%
|
63
-6%
|
69
+9%
|
76
+11%
|
91
+19%
|
86
-5%
|
78
-9%
|
64
-18%
|
58
-10%
|
60
+4%
|
50
-16%
|
64
+27%
|
69
+9%
|
69
-1%
|
88
+28%
|
81
-8%
|
79
-1%
|
76
-4%
|
74
-3%
|
|
Net Income | |||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(4)
|
(5)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
(7)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(16)
|
(17)
|
(16)
|
(17)
|
|
Income from Continuing Operations |
40
|
31
|
1
|
0
|
0
|
5
|
29
|
30
|
41
|
38
|
25
|
34
|
41
|
59
|
67
|
59
|
55
|
61
|
69
|
83
|
78
|
70
|
56
|
50
|
53
|
44
|
58
|
63
|
63
|
82
|
64
|
62
|
60
|
56
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(10)
|
(10)
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
40
N/A
|
31
-25%
|
1
-96%
|
0
-84%
|
0
-48%
|
5
+4 000%
|
29
+534%
|
30
+7%
|
41
+35%
|
38
-9%
|
25
-33%
|
34
+33%
|
41
+23%
|
59
+42%
|
67
+14%
|
59
-12%
|
49
-17%
|
54
+11%
|
62
+14%
|
76
+23%
|
78
+1%
|
70
-10%
|
56
-20%
|
50
-11%
|
53
+5%
|
44
-16%
|
58
+31%
|
63
+10%
|
63
0%
|
82
+29%
|
64
-21%
|
62
-3%
|
60
-4%
|
56
-6%
|
|
EPS (Diluted) |
1.54
N/A
|
1.16
-25%
|
0.05
-96%
|
0.01
-80%
|
0
N/A
|
0.17
N/A
|
1.08
+535%
|
1.16
+7%
|
1.57
+35%
|
1.43
-9%
|
0.96
-33%
|
1.27
+32%
|
1.47
+16%
|
1.78
+21%
|
2.03
+14%
|
1.78
-12%
|
1.48
-17%
|
1.64
+11%
|
1.87
+14%
|
2.31
+24%
|
2.34
+1%
|
2.11
-10%
|
1.69
-20%
|
1.31
-22%
|
1.27
-3%
|
1.32
+4%
|
1.73
+31%
|
1.9
+10%
|
1.89
-1%
|
2.44
+29%
|
2.08
-15%
|
1.85
-11%
|
1.89
+2%
|
1.69
-11%
|