Filing Flows › Montauk Renewables (MNTK) › Q4 2024
Montauk Renewables (MNTK) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 14, 2025
Montauk Renewables (MNTK) reported revenue of $27.7M for the fourth quarter 2024 (Q4 2024), -41% from a year earlier and -58% from the quarter before. Operating margin was -35.5%, net loss $8.5M (30.5% of revenue).
Montauk Renewables, Q4 2024: revenue $27.7M (-41% year over year), operating margin -35.5%, net loss $8.5M, operating cash flow $724K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.7M | -58% | -41% |
| Operating profit | −$9.8M | — | — |
| Net earnings | −$8.5M | — | — |
| Operating cash flow | $724K | -97% | -97% |
What changed
Revenue was $27.7M in Q4 2024, down 41% year over year and down 58% from the previous quarter. Natural Gas Commodity was the largest line at 43% of revenue.
Operating costs exceeded revenue by $9.8M, an operating margin of -35.5%. The quarter ended with a net loss of $8.5M, after a profit of $17.0M the previous quarter.
Operating cash flow was $724K (down 97% year over year). Non-cash charges added back $6.2M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of $9.0M exceeded it, leaving free cash flow of −$8.3M.
Questions
What was Montauk Renewables' revenue in the fourth quarter 2024?
Montauk Renewables (MNTK) reported revenue of $27.7M for the fourth quarter 2024 (Q4 2024), -41% from a year earlier and -58% from the quarter before.
Was Montauk Renewables profitable in the fourth quarter 2024?
Operating loss was $9.8M (-35.5% of revenue) and net loss $8.5M.
Source: Montauk Renewables 10-K on SEC EDGAR.