Montauk Renewables, Inc. · NASDAQ:MNTK
Montauk Renewables — Q2 2021 Earnings Presentation
14 slides from Montauk Renewables's earnings presentation, Aug 16, 2021
Slide 1: Investor Presentation 2Q 2021
Investor Presentation 2Q 2021 AUGUST 16, 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 second quarter 2021
Operational Results – Fiscal second quarter 2021 (in thousands, unless otherwise indicated) All comparisons are between the three months ended June 30, 2021 and three months ended June 30, 2020, unless otherwise indicated Renewable Natural Gas (“RNG”) Metrics – 126 MMBtu decreased production RIN Met
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: – $16,900 accounting for stock-based compensation – $2,498 reduction related to interest rate swap agreements Investing activities include: – $4,142 2021 cash paid for North Carolina asset acquisition
Slide 9: Business Development: Commodity and Attribute Monetization
Business Development Commodity and Attribute Monetization Extend Fixed-Price RNG agreement – 4.5 Years, beginning July 1, 2021 – 900K MMBtu annually, currently under a long-term floor price agreement – RNG sold through refinery exports to the EU • ISCC Certified • Further diversifies monetization st
Slide 10: Business Development: Expansion of Agricultural Waste Division
Business Development Expansion of Agricultural Waste Division Acquisition of North Carolina Business Assets – Specialized, patent-pending, near-zero emissions technology – Conversion of animal and agriculture waste into environmentally friendly, 100% organic, renewable energy alternatives (1) Late S
Slide 11: Business Development: Expansion of Agricultural Waste Division
Business Development Expansion of Agricultural Waste Division Investment opportunity summary – More than 60,000 pork producers annually market more than 115 million hogs, which, on average, provide total gross income of more than $20 billion USD and (2) supports over 550,000 jobs . – Montauk plans t
Slide 12: Business Development: Expansion of anaerobic digested gas
Business Development Expansion of anaerobic digested gas Pico feedstock amendment – Expected increase to capacity – Optimize technology Pico development summary – Projected 12-36 month development period – Provides for approximately 65,000 gallons per day (“GPD”) increase – Expected capacity increas
Slide 13: Appendix
Appendix MONTAUK
Slide 14: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation Non-GAAP 14