Montauk Renewables, Inc. · NASDAQ:MNTK
Montauk Renewables — Q1 2026 Earnings Presentation
14 slides from Montauk Renewables's earnings presentation, May 7, 2026
Slide 1: Investor Presentation: First Quarter 2026 Results
Investor Presentation FIRST QUARTER 2026 RESULTS MAY 7, 2026
Slide 2: Cautionary Statement Regarding Forward-Looking and non-GAAP Financial Information
Cautionary Statement Regarding Forward-Looking and non-GAAP Financial Information 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
Slide 3: Financial Performance: Income Statement
Financial Performance Income Statement 3
Slide 4: Operational Results – Quarter Ended March 31, 2026
Operational Results – Quarter Ended March 31, 2026 (in thousands, unless otherwise indicated) All comparisons are between the first quarter ended March 31, 2026 and the first quarter ended March 31, 2025, unless otherwise indicated. The RINs related to GreenWave are excluded from RIN Metrics. Renewa
Slide 5: Operational Performance: Operating Metrics
Operational Performance Operating Metrics 5
Slide 6: Financial Performance: Balance Sheet
Financial Performance Balance Sheet 6
Slide 7: Cash Flow
Cash Flow (in thousands, unless otherwise indicated) Operating items affecting net income include: – $8,373 depreciation, depletion, and amortization – $5,300 adjustments to working capital and other assets and liabilities – $944 loss on extinguishment of debt – $635 accounting for stock-based compe
Slide 8: RINs Available but Unsold
Business Development RINs Available but Unsold (in thousands, unless otherwise indicated) Select historical data related to RINs available, RINs sold, and RINs available but unsold. The RINs from of GreenWave are excluded from key operating metrics. Our profitability is highly dependent on the marke
Slide 9: Capital Development Summary
Business Development Capital Development Summary (in thousands, unless otherwise indicated) The following summarizes our ongoing development growth plans expected capacity contribution, anticipated commencement of operations, and capital expenditure estimate, respectively, excluding the Montauk Ag R
Slide 10: First Quarter 2026 Highlights
Business Development First Quarter 2026 Highlights Raeger Gas Rights Extension – Signed March 2026 a five year extension Montauk Ag Renewables – Commissioned the project and producing syngas – Progressing towards power generation – Expect production and revenue generating activities to commence May
Slide 11: Alternative Fuel Source Development
Business Development Alternative Fuel Source Development (in thousands, unless otherwise indicated) Biogenic Carbon Dioxide (“CO2”) Beneficial Use: – Terminated contract in April 2026 with European Energy North America – Continue to explore development of a CO2 facility at Atascocita – Anticipated c
Slide 12: GreenWave Joint Venture – First Quarter 2026 Highlights
Business Development GreenWave Joint Venture – First Quarter 2026 Highlights (in thousands, unless otherwise indicated) Equity method investment in GreenWave – Joint venture with Pioneer Renewables Energy Marketing – Matches available third party RNG capacity to dispensing opportunities – Capital in
Slide 13: Appendix
Appendix MONTAUK
Slide 14: Non-GAAP Reconciliation: EBITDA and Adjusted EBITDA
Non-GAAP Reconciliation EBITDA and Adjusted EBITDA 14