Montauk Renewables, Inc. · NASDAQ:MNTK
Montauk Renewables — Q2 2026 Earnings Presentation
13 slides from Montauk Renewables's earnings presentation, Aug 6, 2026
Slide 1: Investor Presentation: Second Quarter 2026 Results
Investor Presentation SECOND QUARTER 2026 RESULTS AUGUST 6, 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 The accompanying notes to the unaudited condensed consolidated financial statements are an integral part of these statements. 3
Slide 4: Operational Results – Quarter Ended June 30, 2026
Operational Results – Quarter Ended June 30, 2026 (in thousands, unless otherwise indicated) All comparisons are between the second quarter ended June 30, 2026 and the second quarter ended June 30, 2025, unless otherwise indicated. The RINs related to GreenWave are excluded from RIN Metrics. Renewab
Slide 5: Operational Performance: Operating Metrics
Operational Performance Operating Metrics 5
Slide 6: Financial Performance: Balance Sheet
Financial Performance Balance Sheet The accompanying notes to the unaudited condensed consolidated financial statements are an integral part of these statements. 6
Slide 7: Cash Flow
Cash Flow (in thousands, unless otherwise indicated) Operating items affecting net income include: – $16,277 depreciation, depletion, and amortization – $7,598 adjustments to working capital and other assets and liabilities – $1,151 accounting for stock-based compensation – $2,095 benefit for deferr
Slide 8: Business Development: 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: Business Development: 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: Business Development: Second Quarter 2026 Highlights
Business Development Second Quarter 2026 Highlights Montauk Ag Renewables – Began selling generated power in July 2026 – Programming modifications to be completed by mid August 2026 – Expect REC generation in 2026 third quarter – Continue to ramp up in production as farm site installation equipment
Slide 11: GreenWave Joint Venture – Second Quarter 2026 Highlights
Business Development GreenWave Joint Venture – Second 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 i
Slide 12: Appendix
Appendix MONTAUK
Slide 13: Non-GAAP Reconciliation: EBITDA and Adjusted EBITDA
Non-GAAP Reconciliation EBITDA and Adjusted EBITDA 13