Montauk Renewables Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018
Revenue	174.9	205.56	148.13	100.38	105.71	115.09
Revenue Growth (YoY)	-14.91%	38.77%	47.56%	-5.04%	-8.14%	-
Cost of Revenue	94.62	101.43	78.16	61.75	58.67	50.09
Gross Profit	80.28	104.13	69.97	38.64	47.04	65
Selling, General & Admin	34.4	34.14	42.55	16.59	13.63	11.95
Other Operating Expenses	22.24	25.42	24.08	18.46	22.41	17.23
Operating Expenses	56.64	59.56	66.63	35.06	36.04	29.18
Operating Income	23.64	44.57	3.34	3.58	11.01	35.82
Interest Expense / Income	5.75	1.79	2.93	4.34	5.58	3.08
Other Expense / Income	-0.48	-0.47	0.77	0.64	-0.04	-3.82
Pretax Income	18.37	43.24	-0.37	-1.39	5.47	36.56
Income Tax	3.42	8.05	4.16	-6	-0.35	7.8
Net Income	14.95	35.19	-4.53	4.6	5.82	28.77
Net Income Growth	-57.53%	-	-	-20.91%	-79.77%	-
Shares Outstanding (Basic)	142	141	141	141	141	-
Shares Outstanding (Diluted)	142	143	141	-	-	-
Shares Change	-0.30%	1.11%	0.25%	-	-	-
EPS (Basic)	0.11	0.25	-0.03	-	-	-
EPS (Diluted)	0.11	0.25	-0.03	-	-	-
EPS Growth	-56.00%	-	-	-	-	-
Free Cash Flow	-22.04	59.88	32.97	11.04	-17.79	10.74
Free Cash Flow Per Share	-0.15	0.42	0.23	0.08	-0.13	-
Gross Margin	45.90%	50.66%	47.23%	38.49%	44.50%	56.48%
Operating Margin	13.52%	21.68%	2.25%	3.57%	10.41%	31.13%
Profit Margin	8.55%	17.12%	-3.06%	4.59%	5.51%	25.00%
Free Cash Flow Margin	-12.60%	29.13%	22.26%	11.00%	-16.82%	9.33%
Effective Tax Rate	18.61%	18.61%	-	-	-6.48%	21.32%
EBITDA	45.28	65.73	25.43	25.06	30.8	55.84
EBITDA Margin	25.89%	31.98%	17.17%	24.97%	29.14%	48.52%
Depreciation & Amortization	21.16	20.7	22.87	22.12	19.76	16.2
EBIT	24.12	45.03	2.56	2.95	11.04	39.65
EBIT Margin	13.79%	21.91%	1.73%	2.93%	10.45%	34.45%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).