Montauk Renewables, Inc. · NASDAQ:MNTK
Montauk Renewables — FY2021 Earnings Presentation
12 slides from Montauk Renewables's earnings presentation, Mar 16, 2022
Slide 1: Investor Presentation 2021 Year-End
Investor Presentation 2021 YEAR-END MARCH 16, 2022
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 – Year Ended December 31, 2021
Operational Results – Year Ended December 31, 2021 (in thousands, unless otherwise indicated) All comparisons are between the year ended December 31, 2021 and the year ended December 31, 2020, unless otherwise indicated Renewable Natural Gas (“RNG”) Metrics – 58 MMBtu nominal decreased production RI
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: – $22,419 accounting for stock-based compensation – ($3,671) adjustments to working capital and other assets and liabilities Investing activities include: – $4,142 cash paid for Montauk Ag Renewables a
Slide 9: Business Development: Montauk Ag Renewables
Business Development Montauk Ag Renewables 2021 Highlights – Completed series of transactions to purchase certain identified assets, including intellectual property – Granted patent over 24 specific aspects of continuous-feed, closed loop reactor technology – Closed on purchase of approximately 146
Slide 10: Business Development: Pico facility improvements
Business Development Pico facility improvements 2021 Highlights – Completed amendment to Pico feedstock agreement expanding capacity – Fourth quarter 2021: significant performance improvement efforts • Temporarily idled RNG production to remove settled solids • Replaced digester cover • Various othe
Slide 11: Appendix
Appendix MONTAUK
Slide 12: Non-GAAP Reconciliation
Non-GAAP Reconciliation EBITDA and Adjusted EBITDA 12