Martin Midstream Partners L.p. · NASDAQ:MMLP
Martin Midstream Partners L.p — FY2021 Earnings Presentation
6 slides from Martin Midstream Partners L.p's earnings presentation, Feb 16, 2022
Slide 1: Fourth Quarter and Full Year 2021 Earnings Summary and 2022 Financial Guidance
Martin Midstream Partners L.P. February 16, 2022 Fourth Quarter and Full Year 2021 Earnings Summary and 2022 Financial Guidance Exhibit 99.2
Slide 2: MMLP 4Q 2021 Adjusted EBITDA Comparison & Reconciliation
Page 2 MMLP 4Q 2021 Adjusted EBITDA Comparison & Reconciliation Note: numbers may not add due to rounding *Pre-Unallocated SG&A (in millions) Terminalling & Storage Sulfur Services Transportation Natural Gas Liquids SG&A Interest Expense 4Q21 Actual Net income (loss) $3.9 $8.9 $5.1 $12.2 $(5.6) $(13
Slide 3: MMLP Full Year 2021 Adjusted EBITDA Comparison & Reconciliation
Page 3 MMLP Full Year 2021 Adjusted EBITDA Comparison & Reconciliation (in millions) Terminalling & Storage Sulfur Services Transportation Natural Gas Liquids SG&A Interest Expense YTD 4Q21 Actual Net income (loss) $15.5 $24.0 $8.4 $25.6 $(19.6) $(54.1) $(0.2) Interest expense add back -- -- -- -- -
Slide 4: MMLP 4Q & Full Year 2020 Adjusted EBITDA Reconciliation
Page 4 MMLP 4Q & Full Year 2020 Adjusted EBITDA Reconciliation Note: numbers may not add due to rounding (in millions) Terminalling & Storage Sulfur Services Transportation Natural Gas Liquids SG&A Interest Expense 4Q20 Actual Net income (loss) $12.6 $4.7 $(2.3) $1.5 $(5.1) $(13.9) $(2.6) Interest e
Slide 5: 2022E Guidance Range of Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Flow
Page 5 2022E Guidance Note: numbers may not add due to rounding Range of Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Flow (in millions) 1Q2022 2Q2022 3Q2022 4Q2022 Guidance Year Ending December 31, 2022 (Unaudited) Adjusted EBITDA $28 - $30 $23 - $25 $20 - $22 $29- $33 $100 - $11
Slide 6: Disclaimers: Use of Non-GAAP Financial Measures, Forward Looking Statements
Page 6 Disclaimers Use of Non-GAAP Financial Measures Forward Looking Statements This presentation includes certain non-GAAP financial measures such as EBITDA, Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Flow. These non-GAAP financial measures are not meant to be considered in is
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