Conference Call & Webcast: Wednesday, May 7, 2025 at 8:30 am ETPIRAEUS, Greece, May 02, 2025 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced today that it will host a conference call on Wednesday, May 7, 2025 at 8:30 am ET, at which time Navios Partners' senior management will provide highlights and commentary on earnings results for the first quarter ended March 31, 2025. The Company will report results for the first quarter ended March 31, 2025, prior to the conf ...

In the latest trading session, Navios Maritime Partners LP (NMM) closed at $39.38, marking a +0.41% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.38%. At the same time, the Dow lost 0.03%, and the tech-heavy Nasdaq gained 0.87%. The Transportation - Shipping industry is part of the Transportation sector. With its current Zacks Industry Rank of 156, this industry ranks in the bottom 38% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our in ...

Navios Maritime Partners L.P. Attn: 20-F Request 85 Akti Miaouli Piraeus 18538, Greece Tel: +1 (212) 906 8645 Email: Investors@navios-mlp.com PIRAEUS, Greece, March 31, 2025 (GLOBE NEWSWIRE) -- Navios Maritime Partners L.P. ("Navios Partners") (NYSE:NMM) announced that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the SEC and can be accessed on Navios Partners' website www.navios-mlp.com under the "Investors" section. Alternatively, unitholders may also request a ha ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from ___________ to __________ ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report ______________ FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...

Company Performance - Navios Maritime Partners LP (NMM) closed at $40.08, reflecting a +0.43% change from the previous day's closing price, which is lower than the S&P 500's daily gain of 1.08% [1] - Over the past month, shares of Navios Maritime Partners LP have decreased by 11.8%, underperforming the Transportation sector's loss of 7.24% and the S&P 500's loss of 8.26% [1] Earnings Forecast - The Zacks Consensus Estimates predict earnings of $12.64 per share and revenue of $1.37 billion for the year, representing increases of +13.46% and +11.35% compared to the previous year [2] Analyst Estimates - Recent changes to analyst estimates for Navios Maritime Partners LP are crucial as they reflect the evolving nature of near-term business trends, with positive revisions indicating analysts' confidence in the company's performance [3] Valuation Metrics - Navios Maritime Partners LP currently has a Forward P/E ratio of 3.16, which is significantly lower than the industry's average Forward P/E of 9.33 [6] - The Transportation - Shipping industry, to which the company belongs, has a Zacks Industry Rank of 194, placing it in the bottom 23% of over 250 industries [6] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Navios Maritime Partners LP as 5 (Strong Sell), indicating a negative outlook [5]

Forward-Looking Statements This presentation contains and will contain forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, TCE rates and Navios Partners' expected cash flow generation, future contracted revenues, future distributions and its ability to make distributions going forward, opportunities to reinvest cash accretively in a fleet renewal program or otherwise, po ...

Financial Data and Key Metrics Changes - For the full year 2024, the company reported revenue of $1.33 billion, with $332.5 million in the fourth quarter. Net income was $367.3 million for the year and $94.7 million for the fourth quarter. Earnings per common unit were $11.98 for the year and $3.11 for the fourth quarter [7][31][34] - The fleet time charter equivalent (TCE) rate for Q4 2024 increased by 2.6% to $23,205 per day compared to Q4 2023, while available days increased by 1.1% to 13,671 days [29] - Adjusted EBITDA for Q4 2024 decreased by $45 million to $182 million compared to Q4 2023, primarily due to the prepayment of charter hire received in 2023 [30] Business Line Data and Key Metrics Changes - The TCE rate for the dry bulk fleet increased by approximately 1% to $17,079 per day, while the container fleet's TCE rate increased to $30,623 per day. In contrast, the tanker TCE rate decreased by approximately 3% to $26,646 per day [29][32] - The company generated $79 million in additional contracted revenue in Q4 and year-to-date 2025, with $59.4 million from tankers and $19.6 million from container ships [26] Market Data and Key Metrics Changes - The company ended 2024 with a contracted revenue of $3.6 billion and $312.1 million in cash on the balance sheet. As of February 7, 2025, 63% of available days for 2025 were fixed, with an estimated breakeven of $425 per open index day [10][12] - The Red Sea entrance to the Suez Canal continues to operate at restricted transit levels, affecting shipping routes and costs [43] Company Strategy and Development Direction - The company is focused on fleet renewal and modernization, having purchased 46 newbuildings since Q1 2021, with 23 vessels delivered. The fleet age remains stable, and the company aims to maximize energy efficiency [16][22] - The company has a diversified fleet, which serves as a pillar of stability amid geopolitical uncertainties, with $3.6 billion in contracted revenue providing a buffer against market volatility [70] Management's Comments on Operating Environment and Future Outlook - Management highlighted the impact of geopolitical events, such as the conflicts in Ukraine and the Middle East, on global trade and the shipping market. The resolution of these conflicts could significantly affect market dynamics [8][70] - The management expressed confidence in the company's ability to navigate uncertainties due to its diversified fleet and strong contracted revenue [70] Other Important Information - The company paid $0.20 per unit in dividends for 2024 and repurchased 489,955 common units for $25 million under its unit repurchase program [11] - The company has $70.8 million available under its unit repurchase program as of February 7, 2025 [12] Q&A Session Summary Question: How have geopolitical uncertainties affected the company's operations and capital deployment? - Management acknowledged the uncertainties in the market due to geopolitical events and tariffs but emphasized the solid results for 2024 and the company's diversified fleet as a stabilizing factor [66][70] Question: What is the current appetite for vessel capacity among customers? - Management noted that there is still an appetite for tonnage among major liner companies, despite the uncertainties surrounding the Red Sea and Suez Canal [72][74]

Revenue: $   332.5 million for Q4 2024$1,334.1 million for FY 2024 Net Income: $    94.7 million for Q4 2024$  367.3 million for FY 2024 Earnings per common unit: $      3.11 for Q4 2024$    11.98 for FY 2024 Net cash from operating activities: $  114.9 million for Q4 2024$  483.5 million for FY 2024 EBITDA: $   197.6 million for Q4 2024$   757.4 million for FY 2024 Returning capital to unitholders: 489,955 common units repurchased in 2024 for $25.0 million585,420 common units repurchased in 2024 – 2025 (th ...

Core Insights - Navios Maritime Partners reported strong financial results for the full year and fourth quarter of 2024, with total revenue of $1.33 billion and net income of $367.3 million for the year, and $332.5 million in revenue and $94.7 million in net income for the fourth quarter [2][5][19]. Financial Performance - Revenue for Q4 2024 was $332.5 million, a slight increase of 1.6% from $327.3 million in Q4 2023 [22]. - For FY 2024, revenue increased by 2.1% to $1.33 billion from $1.31 billion in FY 2023 [25]. - Net income for Q4 2024 was $94.7 million, down from $132.4 million in Q4 2023, while FY 2024 net income was $367.3 million compared to $433.6 million in FY 2023 [24][28]. - Earnings per common unit were $3.11 for Q4 2024 and $11.98 for FY 2024, compared to $4.30 and $14.08 for the same periods in 2023 [43]. Operational Highlights - The company repurchased a total of 1,075,375 common units for approximately $54.2 million as part of its repurchase program [3][5]. - A cash distribution of $0.05 per unit was declared for Q4 2024, with an annualized distribution of $0.20 per unit [4]. - The fleet consists of 70 dry bulk vessels, 50 containerships, and 56 tankers, with four newbuilding vessels delivered [17][18]. Fleet and Contracted Revenue - Navios Partners has $3.6 billion in contracted revenue through 2037, with $79 million in new long-term charters agreed upon [10][11]. - The average daily charter-out rate for the fleet is projected at $26,198 for 2025 and $28,392 for 2026 [18]. Market Conditions - The company noted that market conditions have been influenced by geopolitical events, particularly the conflicts in Ukraine and the Middle East, which may affect global trade and sanctions on oil-producing nations [2][5].

Core Viewpoint - Navios Maritime Partners L.P. will host a conference call to discuss its fourth quarter and full year earnings results for 2024 on February 13, 2025 [1][2]. Group 1: Conference Call Details - The conference call is scheduled for February 13, 2025, at 8:30 am ET [1][2]. - A supplemental slide presentation will be available on the company's website at 8:00 am ET on the day of the call [2]. - The call can be accessed via US Dial In: +1.800.343.4136 and International Dial In: +1.203.518.9843, with Conference ID: NMMQ424 [2]. Group 2: Replay and Webcast Information - A replay of the conference call will be available two hours after the live call and will remain accessible for one week [2]. - The Webcast will be available on the Navios Partners website and archived for two weeks following the call [2]. Group 3: Company Overview - Navios Maritime Partners L.P. is an international owner and operator of dry cargo and tanker vessels [3].