NMMNavios Maritime Partners L.P.

$2B

FY 2009 Earnings

Industrials Marine Shipping

Income Statement

Revenue

$93M+23.4% YoY

Gross Profit

$78M84.5% margin

Operating Income

$54M58.6% margin

Net Income

$34M37.0% margin

EPS (Diluted)

$22.05

Cash Flow

Operating Cash Flow

$81M

Free Cash Flow

$11M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$437M

Total Liabilities

$229M

Stockholders' Equity

$208M

Cash & Equivalents

$78M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$93M	$75M	+23.4%
Gross Profit	$78M	$63M	+23.3%
Operating Income	$54M	$48M	+13.6%
Net Income	$34M	$29M	+19.3%

NMM FY 2009 Earnings — Navios Maritime Partners L.P. Revenue & Financial Results | Market Cap Arena