Financials Montauk Renewables, Inc.

Stocks

MNTK

US61218C1036

Electric Utilities

Real-time Estimate Cboe BZX Other stock markets 11:38:44 2026-07-10 EDT			5-day change	1st Jan Change
1.585 ^USD	+1.60%		-4.22%	-4.79%

06-29	Montauk Renewables, Inc.(NasdaqCM:MNTK) added to Russell Microcap Value Benchmark Index	CI
06-29	Montauk Renewables, Inc.(NasdaqCM:MNTK) added to Russell Microcap Growth Benchmark Index	CI

Projected Income Statement: Montauk Renewables, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	148.1	205.6	174.9	175.7	176.4	215.6	255	284
Change	-	38.77%	-14.91%	0.48%	0.37%	22.23%	18.29%	11.35%
EBITDA ¹	27.95	70.54	46.45	42.62	35.57	61.33	80.58	85.31
Change	-	152.38%	-34.15%	-8.26%	-16.54%	72.42%	31.39%	5.88%
EBIT ¹	3.335	44.57	25.29	19.1	5.596	29.91	49.58	61.31
Change	-	1,236.31%	-43.25%	-24.48%	-70.7%	434.5%	65.77%	23.66%
Interest Paid	-2.928	-1.792	-5.753	-5.277	-4.816	-	-	-
Earnings before Tax (EBT) ¹	-0.367	43.24	18.37	12.18	-2.487	7.996	5.417	-
Change	-	11,882.56%	-57.53%	-33.7%	-120.42%	421.51%	-32.25%	-
Net income ¹	-4.528	35.19	14.95	9.734	1.748	14.56	14.95	-
Change	-	877.25%	-57.53%	-34.88%	-82.04%	732.78%	2.68%	-
Announcement Date	3/16/22	3/16/23	3/14/24	3/13/25	3/11/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	31.67	39.75	45.26	32.17	67.88	55.86	49.65	19.15	53.26	55.69	46.81	38.79	43.34	65.92	27.69	42.6	45.13	45.26	43.39	46.43	50.02	55.9	63.25	66.12	66.31	66.5	66.51	70.74
Change	-	25.49%	13.85%	-28.92%	111.02%	-17.71%	-11.12%	-61.42%	178.04%	4.57%	-15.95%	-17.13%	11.73%	52.1%	-57.99%	53.83%	5.92%	0.29%	-4.12%	6.99%	7.73%	11.76%	13.15%	4.54%	0.29%	0.29%	0.01%	6.37%
EBITDA ¹	5.15	12.83	15.75	7.048	27.55	20.88	15.06	-8.406	19.18	22.43	13.25	9.473	6.961	29.43	-3.248	8.788	5.032	12.82	8.925	10.79	12.23	16.91	21.41	13.56	22.28	26.44	22.47	21.23
Change	-	149.17%	22.76%	-55.26%	290.92%	-24.22%	-27.87%	-155.82%	328.11%	17%	-40.95%	-28.49%	-26.52%	322.78%	-111.04%	370.57%	-42.74%	154.83%	-30.4%	20.9%	13.31%	38.28%	26.61%	-36.67%	64.33%	18.66%	-15.01%	-5.49%
EBIT ¹	-0.537	6.729	9.344	-1.651	23.96	13.63	8.619	-14.17	13.56	16.78	7.882	2.368	0.868	22.71	-9.458	2.524	-1.997	4.482	0.587	2.417	7.935	8.224	11.33	12.31	12.38	12.45	12.45	15.23
Change	-	1,353.07%	38.86%	-117.67%	1,551.42%	-43.11%	-36.77%	-264.36%	195.7%	23.78%	-53.03%	-69.96%	-63.34%	2,516.13%	-141.65%	126.69%	-179.12%	324.44%	-86.9%	311.75%	228.31%	3.64%	37.81%	8.62%	0.55%	0.55%	0%	22.39%
Charge d'intérêts	-0.72	-0.697	-0.864	-0.032	-0.271	-0.036	-	-	-0.711	-1.295	-2.072	-1.165	-1.286	-1.835	-0.992	-1.243	-1.216	-1.074	-1.283	-1.336	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	-1.267	5.415	8.368	-1.373	23.72	13.73	7.171	-15.85	12.94	15.74	5.536	2.263	-0.368	21.01	-10.73	-0.781	-3.611	3.36	-1.455	-0.293	-2.634	3.259	7.663	-	-	-	-	-
Change	-	527.39%	54.53%	-116.41%	1,827.39%	-42.12%	-47.76%	-321%	181.63%	21.69%	-64.83%	-59.12%	-116.26%	5,810.05%	-151.07%	92.72%	-362.36%	193.05%	-143.3%	79.86%	-798.98%	223.73%	135.13%	-	-	-	-	-
Net income ¹	-4.652	8.896	5.493	-1.115	19.15	11.19	5.97	-3.788	1.003	12.93	4.087	1.85	-0.712	17.05	-8.452	-0.464	-5.487	5.205	2.494	0.005	-2.371	5.259	11.66	-	-	-	-	-
Change	-	291.23%	-38.25%	-120.3%	1,817.67%	-41.59%	-46.63%	-163.45%	126.48%	1,189.53%	-68.4%	-54.74%	-138.49%	2,494.38%	-149.58%	94.51%	-1,082.54%	194.86%	-52.08%	-99.8%	-47,520%	321.81%	121.77%	-	-	-	-	-
Announcement Date	8/16/21	11/15/21	3/16/22	5/10/22	8/9/22	11/9/22	3/16/23	5/10/23	8/9/23	11/9/23	3/14/24	5/9/24	8/8/24	11/12/24	3/13/25	5/8/25	8/6/25	11/5/25	3/11/26	5/6/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Montauk Renewables, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-	-33.7	-10.3	10	105	104	63.1	13
Change	-	-	69.44%	197.09%	950%	-0.93%	-39.33%	-79.4%
Announcement Date	3/16/22	3/16/23	3/14/24	3/13/25	3/11/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Montauk Renewables, Inc.

Fiscal Period: December	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	22.28	63.09	62.32	116.5	60.87	32	32
Change	-	183.21%	-1.22%	87%	-47.77%	-47.43%	0%
Free Cash Flow (FCF) ¹	58.79	-22.04	-18.4	-86.21	-80.88	-100.8	-
Change	-	-137.49%	16.53%	-368.62%	6.18%	-24.61%	100%
Announcement Date	3/16/23	3/14/24	3/13/25	3/11/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Montauk Renewables, Inc.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	18.87%	34.32%	26.56%	24.25%	20.17%	28.45%	31.6%	30.04%
EBIT Margin (%)	2.25%	21.68%	14.46%	10.87%	3.17%	13.87%	19.44%	21.59%
EBT Margin (%)	-0.25%	21.04%	10.5%	6.93%	-1.41%	3.71%	2.12%	-
Net margin (%)	-3.06%	17.12%	8.55%	5.54%	0.99%	6.75%	5.86%	-
FCF margin (%)	-	28.6%	-12.6%	-10.47%	-48.88%	-37.52%	-39.52%	-
FCF / Net Income (%)	-	167.04%	-147.43%	-188.99%	-4,931.81%	-555.64%	-674.31%	-
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	-	19.1%	6.66%	4.35%	1.93%	9.1%	12.21%	12.99%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	0.23x	2.95x	1.69x	0.78x	0.15x
Debt / Free cash flow	-	-	-	-0.54x	-1.22x	-1.28x	-0.63x	-
Capital Intensity
CAPEX / Current Assets (%)	-	10.84%	36.07%	35.46%	66.07%	28.23%	12.55%	11.27%
CAPEX / EBITDA (%)	-	31.58%	135.82%	146.24%	327.66%	99.25%	39.71%	37.51%
CAPEX / FCF (%)	-	37.89%	-286.28%	-338.79%	-135.19%	-75.25%	-31.75%	-
Items per share
Cash flow per share ¹	-	-	0.2888	0.3076	0.212	0.5308	0.7583	-
Change	-	-	-	6.51%	-31.08%	150.36%	42.88%	-
Dividend per Share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	1.603	1.762	1.804	1.837	1.969	2.191	2.452
Change	-	-	9.92%	2.35%	1.85%	7.16%	11.3%	11.89%
EPS ¹	-0.03	0.25	0.11	0.07	0.01	0.1229	0.1764	0.3002
Change	-	933.33%	-56%	-36.36%	-85.71%	1,129.1%	43.54%	70.13%
Nbr of stocks (in thousands)	141,015	140,331	141,943	142,640	142,257	142,341	142,341	142,341
Announcement Date	3/16/22	3/16/23	3/14/24	3/13/25	3/11/26	-	-	-