Montauk Renewables, Inc. · NASDAQ:MNTK
Montauk Renewables — Q3 2021 Earnings Presentation
12 slides from Montauk Renewables's earnings presentation, Nov 15, 2021
Slide 1: Investor Presentation 3Q 2021
Investor Presentation 3Q 2021 NOVEMBER 15, 2021
Slide 2: Disclaimers and Confidentiality: Forward-Looking Statements
Disclaimers and Confidentiality Forward-Looking Statements This presentation contains “forward-looking statements” within the meaning of U.S. federal securities laws that involve substantial risks and uncertainties. All statements other than statements of historical or current fact included in this
Slide 3: Disclaimers and Confidentiality: Non-GAAP Financial Measures
Disclaimers and Confidentiality Non-GAAP Financial Measures This presentation contains and the accompanying tables include references to EBITDA and Adjusted EBITDA which are Non-GAAP financial measures. We present EBITDA and Adjusted EBITDA because we believe the measures assist investors in analyzi
Slide 4: Financial Performance: Income Statement
Financial Performance Income Statement 4
Slide 5: Operational Results – Fiscal third quarter 2021
Operational Results – Fiscal third quarter 2021 (in thousands, unless otherwise indicated) All comparisons are between the three months ended September 30, 2021 and three months ended September 30, 2020, unless otherwise indicated Renewable Natural Gas (“RNG”) Metrics – 10 MMBtu decreased production
Slide 6: Operational Performance: Operating Metrics
Operational Performance Operating Metrics 6
Slide 7: Financial Performance: Balance Sheet
Financial Performance Balance Sheet 7
Slide 8: Cash Flow
Cash Flow (in thousands, unless otherwise indicated) Operating items affecting net income include: – $19,713 accounting for stock-based compensation – $6,784 adjustments to working capital and other assets and liabilities Investing activities include: – $4,142 cash paid for Montauk Ag Renewables ass
Slide 9: Business Development: Montauk Ag Renewables
Business Development Montauk Ag Renewables Montauk Ag Asset Acquisition Recent Developments – Granted patent over 24 specific aspects of continuous-feed, closed loop reactor technology – Closed on $5,447 transaction to acquire approximately 146 acres and approximately 500,000 square foot structure •
Slide 10: Business Development: Pico facility improvements
Business Development Pico facility improvements Significant performance improvement efforts – Temporarily idled RNG production to remove settled solids – Replace digester cover and other efficiency improvements – Expect measurable increased production when full operations resume • Currently expected
Slide 11: Appendix
Appendix MONTAUK
Slide 12: Non-GAAP Reconciliation: EBITDA and Adjusted EBITDA
Non-GAAP Reconciliation EBITDA and Adjusted EBITDA 12