Company: DLNG
Filing Date: 2025-11-20
Form Type: 6-K
Source: 0001317861-25-000061
Chunk: 5

Company: Dynagas LNG Partners LP
Filing Date: 2025-11-20
Form: 6-K
Chunk 5
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 months ended September 30, 2025. The above decrease in Net Interest and finance costs was partially offset by the interest expense related to the Series B Preferred Units for the period from July 1, 2025 up to July 25, 2025. Following reclassification of the Series B Preferred Units to liability status on May 27, 2025, distributions accrued on the Series B Preferred Units were no longer presented as dividends but were recognized as interest expense. For the three months ended September 30, 2025, the Partnership reported basic and diluted Earnings per common unit and Adjusted Earnings per common unit (a non-GAAP financial measure), of $0.48 and $0.36, respectively, after taking into account the distributions relating to the Series A Preferred Units on the Partnership’s Net Income/Adjusted Net Income. Earnings per common unit and Adjusted Earnings per common unit, basic and diluted, were calculated on the basis of a weighted average number of 36,530,944 common units outstanding during the period and in the case of Adjusted Earnings per common unit after reflecting the impact of certain adjustments presented in Appendix B of this press release. Adjusted Net Income, Adjusted EBITDA, and Adjusted Earnings per common unit are not recognized measures under U.S. GAAP. Please refer to Appendix B of this press release for the definitions and reconciliation of these measures to the most directly comparable financial measures calculated and presented in accordance with U.S. GAAP. Amounts relating to variations in period on period comparisons shown in this section are derived from the condensed financials presented below. (3)Average daily hire gross of commissions is a non-GAAP financial measure and represents voyage revenue excluding the non-cash time charter deferred revenue amortization, as well as the revenues attributable to the value of the EU ETS emissions allowances (“EUAs”) to be provided to the Partnership pursuant to the terms of its agreements with the charterers, divided by the Available Days in the Partnership’s fleet as described in Appendix B. Liquidity/ Financing/ Cash Flow Coverage During the three months ended September 30, 2025, the Partnership generated net cash from operating activities of $26.5 million as compared to $25.6 million in the corresponding period in 2024, which represents an increase of $0.9 million, or 3.5% mainly as a result of working capital changes and the increase in net income for the reasons discussed above. As of September 30