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Montauk Renewables, Inc.

CIK: 1826600 SIC: 4932
$176.38M
Revenue
$1.75M
Net Income
-
Gross Margin
0.48%
Op. Margin
$-71.35M
Free Cash Flow
Financial Statements Annual (10-K)
Showing 5 of 5 annual reports available (2021 - 2025)
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
+ Total Revenue $176.38M $176.38M $175.74M $174.90M $205.56M $148.13M
Revenue Growth % 0.0% 0.4% 0.5% -14.9% 38.8% nan%
Operating Expenses $175.53M $175.53M $159.61M $151.26M $160.99M $144.79M
+ Operating Income $854.00K $852.00K $16.12M $23.64M $44.57M $3.33M
Operating Margin % 0.5% 0.5% 9.2% 13.5% 21.7% 2.3%
Interest Expense $2.43M $1.31M - $5.75M $1.79M $2.93M
Other Income/Expense $-10.00K $-8.00K $1.33M $479.00K $468.00K $-620.00K
Income Before Tax $-2.49M $-2.49M $12.18M $18.37M $43.24M $-367.00K
Income Tax Expense $-4.24M $-4.24M $2.44M $3.42M $8.05M $4.16M
+ Net Income $1.75M $1.75M $9.73M $14.95M $35.19M $-4.53M
Net Margin % 1.0% 1.0% 5.5% 8.5% 17.1% -3.1%
Basic EPS nan 0.01 0.07 0.11 0.25 -0.03
Diluted EPS nan 0.01 0.07 0.11 0.25 -0.03
Basic Shares Outstanding 61K 143.0M 142.3M 141.7M 141.2M 141.0M
Diluted Shares Outstanding 117K 143.1M 142.4M 142.2M 142.6M 141.0M
Breakdown FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Cash & Cash Equivalents $23.75M $45.62M $73.81M $105.18M $53.27M
Accounts Receivable $6.58M $7.87M $12.56M - -
Other Current Assets $3.31M $2.91M $2.82M $2.57M $2.85M
Total Current Assets $37.16M $57.22M $90.17M $124.87M $75.17M
Property Plant & Equipment $341.39M $252.29M $214.29M $175.95M $180.89M
Goodwill $60.00K $60.00K - - -
Intangible Assets $19.32M $17.82M - - -
Other Non-current Assets $18.38M $12.27M $9.90M $5.61M $5.10M
Total Assets $435.46M $349.01M $350.24M $332.32M $286.48M
Accounts Payable $15.64M $8.86M $7.92M $4.56M $4.97M
Short-term Debt $167.00K $12.00M - - -
Accrued Liabilities $11.73M $10.07M $12.79M $15.09M $10.82M
Total Current Liabilities $33.42M $33.53M $29.35M $28.40M $24.56M
Long-term Debt $126.00M $43.76M $55.61M $63.51M $71.39M
Other Non-current Liabilities $39.00K $2.79M $4.99M $3.46M $2.72M
Total Liabilities $172.31M $91.60M $100.00M $105.22M $104.19M
Common Stock $1.43M $1.43M $1.42M $1.42M $1.41M
Retained Earnings $57.10M $55.35M $45.61M $30.67M $-4.53M
Treasury Stock $21.68M $21.26M $11.17M $11.05M $10.81M
Total Stockholders Equity $263.15M $257.42M $250.24M $227.09M $182.29M
Total Liabilities & Equity $435.46M $349.01M $350.24M $332.32M $286.48M
Breakdown TTM
(Dec 31, 2025)
FY 2025
(Dec 31, 2025)
FY 2024
(Dec 31, 2024)
FY 2023
(Dec 31, 2023)
FY 2022
(Dec 31, 2022)
FY 2021
(Dec 31, 2021)
Net Income $1.28M $1.75M $9.73M $14.95M $35.19M $-4.53M
Depreciation & Amortization $49.53M $29.97M $23.52M $21.16M $20.70M $22.87M
Stock-based Compensation $9.36M $4.44M $9.96M $8.32M $9.84M $22.42M
Deferred Income Tax $-3.02M $-4.28M $804.00K $1.88M $6.62M $4.25M
Change in Receivables - - $-4.58M $5.53M $-2.12M -
Change in Inventory $2.94M $1.69M $-472.00K $1.01M $752.00K -
Operating Cash Flow $56.82M $30.33M $43.80M $41.05M $81.07M $42.88M
Capital Expenditure $128.17M $116.54M $62.32M $63.09M $22.28M $9.99M
Investing Cash Flow $-179.56M $-120.49M $-62.19M $-63.09M $-20.79M $-19.47M
Debt Repayment $21.00M $12.00M $8.00M $8.00M $8.00M $66.70M
Stock Issued - $5.00K $6.00K $4.00K $6.00K $15.59M
Stock Repurchased - $419.00K $1.78M $122.00K $238.00K $10.81M
Financing Cash Flow $78.94M $68.34M $-9.84M $-9.33M $-8.28M $8.65M
Net Change in Cash $-43.81M $-21.81M $-28.24M $-31.36M $51.99M $32.05M
SEC Filing Format - Data shown as it appears in the Q3 2025 (10-Q) filing Period ended: Sep 30, 2025
Condensed Consolidated Statements of Operations
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Total Revenue $45.26M $65.92M $132.99M $148.04M
Operating Expenses $40.81M $43.21M $130.49M $122.10M
Operating Income $4.45M $22.71M $2.50M $25.94M
Interest Expense $1.07M $1.83M $550.00K -
Other Income/Expense $-14.00K $140.00K - $1.25M
Income Before Tax $3.36M $21.01M $-1.03M $22.91M
Income Tax Expense $-1.84M $3.96M $-286.00K $4.72M
Net Income $5.21M $17.05M $-746.00K $18.19M
Basic EPS 0.04 0.12 -0.01 0.13
Diluted EPS 0.04 0.12 -0.01 0.13
Basic Shares Outstanding $143.13M $142.41M $142.96M $142.16M
Diluted Shares Outstanding $143.20M $142.62M $142.96M $142.33M
Condensed Consolidated Balance Sheets
Description Sep 30, 2025 Dec 31, 2024
Cash & Cash Equivalents $6.77M $45.62M
Other Current Assets $4.17M $2.91M
Total Current Assets $17.97M $57.22M
Property Plant & Equipment $315.70M $252.29M
Other Non-current Assets $17.52M $12.27M
Total Assets $383.31M $349.01M
Accounts Payable $25.42M $8.86M
Accrued Liabilities $14.07M $10.07M
Total Current Liabilities $53.90M $33.53M
Long-term Debt $54.87M $43.76M
Other Non-current Liabilities $3.29M $2.79M
Total Liabilities $122.58M $91.60M
Common Stock $1.43M $1.43M
Retained Earnings $54.60M $55.35M
Treasury Stock $21.62M $21.26M
Total Stockholders Equity $260.73M $257.42M
Total Liabilities & Equity $383.31M $349.01M
Condensed Consolidated Statements of Cash Flows
Description Sep 30, 2025 Sep 30, 2025
Current Prior Year Current YTD Prior Year YTD
Net Income $5.21M $17.05M $-746.00K $18.19M
Depreciation & Amortization $8.34M $6.05M $21.63M $17.30M
Stock-based Compensation - - $4.45M $8.62M
Deferred Income Tax - - $-269.00K $2.04M
Change in Inventory - - $1.35M $-627.00K
Operating Cash Flow - - $30.00M $43.07M
Capital Expenditure $29.81M $12.57M $75.11M $53.33M
Investing Cash Flow - - $-79.22M $-54.13M
Debt Repayment - - $9.00M $6.00M
Stock Issued - - $4.00K $5.00K
Stock Repurchased - - $354.00K $1.71M
Financing Cash Flow - - $10.42M $-7.75M
Net Change in Cash - - $-38.80M $-18.81M

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.

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