Montauk Renewables (MNTK) Q1 2025 Earnings Call May 09, 2025 08:30 AM ET Speaker0 Good day, everyone, and thank you for participating in today's conference call. I'd like to turn the call over to Mr. John Ciroli as he provides some important cautions regarding forward looking statements and non GAAP financial measures contained in the earnings materials or made on this call. John, please go ahead. Speaker1 Thank you, and good day, everyone. Welcome to Montauk Renewables earnings conference call to review th ...

Investor Presentation FIRST QUARTER 2025 RESULTS MAY 9, 2025 All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expect and, therefore, you should not unduly rely on such statements. The risks and uncertainties that could cause those actual results to differ materially from those expressed or implied by these forward-looking statements include but are not limited to: our ability to develop and operate new renewable energ ...

Montauk Renewables (MNTK) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this renewable energy company would post earnings of $0.05 per share when it actually produced a loss of $0.06, delivering a surprise of -220%.Over the last four quarters, the company ...

FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to Commission File Number: 001-39919 MONTAUK RENEWABLES, INC. (Exact name of registrant as specified in its charter) Delaware 85-3189583 (St ...

Exhibit 99.1 Montauk Renewables Announces First Quarter 2025 Results PITTSBURGH, PENNSYLVANIA – May 8, 2025—Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas ("RNG"), today announced financial results for the first quarter ended March 31, 2025. First Quarter Highlights: Our profitability is highly dependent on the market price of environmental attributes, including the ...

PITTSBURGH, May 08, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the first quarter ended March 31, 2025. First Quarter Highlights: • Revenues of $42.6 million, increased 9.8% compared to the first quarter of 2024 • Net loss of $0.5 million, compared to net income of $1.9 million for the firs ...

PITTSBURGH, April 29, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk” or “the Company") (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Friday, May 9, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2025. The Company will issue a press release reporting the financial results after the close of regular s ...

PITTSBURGH, April 15, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. (NASDAQ:MNTK) ("Montauk" or the "Company"), announced today that the Company's Board of Directors has authorized a share repurchase program to repurchase up to $5,000,000 of the Company's issued and outstanding common stock, effective immediately with no date for termination. Repurchases under the program may be made through open market transactions, privately negotiated transactions or otherwise in accordance with applicable federal se ...

PITTSBURGH, April 10, 2025 (GLOBE NEWSWIRE) -- Montauk Renewables, Inc. ("Montauk" or "the Company") (NASDAQ:MNTK) announces that its subsidiary, Tulsa LFG, LLC broke ground on a Renewable Natural Gas ("RNG") landfill gas project at the American Environmental Landfill, Inc. ("AEL") in Tulsa, Oklahoma in a ceremony on Wednesday, April 9, 2025 (the "Project"). The Project is accompanied by an extension of its existing gas rights and lease agreement with the landfill host, American Environmental Landfill, Inc. ...

Financial Performance - Total revenues for 2024 were $175.7 million, flat compared to $174.9 million in 2023[4] - Net income for 2024 was $9.7 million, a decrease of 34.9% year over year[5] - Non-GAAP Adjusted EBITDA for 2024 was $42.6 million, down 8.3% from the previous year[4] - Operating income decreased to $16,123 in 2024 from $23,640 in 2023, a decline of 31.8%[19] - Net income for 2024 was $9,734, down 35% from $14,948 in 2023[19] - Adjusted EBITDA for 2024 was $42,616, down from $46,451 in 2023, a decrease of 8.0%[24] Revenue Sources - RNG revenues for 2025 are expected to range between $150 million and $170 million[9] - Renewable Electricity revenues for 2025 are projected to range between $17.0 million and $18.0 million[9] - Total operating revenues for 2024 increased to $175,736, up from $174,904 in 2023, representing a growth of 0.47%[19] Production and Sales - RNG production in 2024 was 5.6 million MMBtu, an increase of 1.6% compared to 5.5 million MMBtu in 2023[6] - RINs sold in 2024 totaled 36.6 million, a decrease of 8.3 million or 18.5% year over year[4] - Unsold RINs as of December 31, 2024, were 6.8 million, an increase of 6.7 million year over year[4] - Average realized RIN price in 2024 was $3.28, up approximately 21.0% from $2.71 in 2023[4] Expenses and Assets - Operating and maintenance expenses for RNG facilities in 2024 were $53.4 million, an increase of 11.5% compared to $47.9 million in 2023[4] - Total current assets decreased to $57,224 in 2024 from $90,175 in 2023, a reduction of 36.5%[17] - Cash and cash equivalents at the end of 2024 were $45,621, down from $73,811 in 2023, a decrease of 38.1%[21] - Capital expenditures for 2024 were $62,323, slightly lower than $63,091 in 2023[21] Liabilities and Debt - Total liabilities decreased to $91,598 in 2024 from $99,999 in 2023, a decline of 8.4%[17] - The current portion of long-term debt increased to $11,853 in 2024 from $7,886 in 2023, an increase of 50.5%[17] Shareholder Information - The company reported a total of 142,279,079 basic weighted-average common shares outstanding for 2024, compared to 141,727,905 in 2023[19]