Montauk Renewables Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	6.77	45.63	73.82	105.2	53.27	20.99
Cash & Short-Term Investments	6.77	45.63	73.82	105.2	53.27	20.99
Cash Growth	-87.70%	-38.19%	-29.83%	97.50%	153.74%	114.47%
Accounts Receivable	6.02	8.17	12.75	7.22	9.34	5.45
Other Receivables	0.72	0.04	-	9	8.94	-
Total Trade Receivables	6.74	8.21	12.75	16.22	18.28	5.45
Other Current Assets	4.45	3.38	3.6	3.45	3.62	6.04
Total Current Assets	17.97	57.22	90.18	124.87	75.17	32.49
Net Property, Plant & Equipment	321.78	259.46	218.64	180.78	181.2	186.99
Special Use Funds	0.43	0.38	0.42	0.41	0.33	0.57
Other Intangible Assets	19.87	18.11	18.42	15.76	14.11	14.68
Goodwill	19.87	18.11	18.42	15.76	14.11	14.68
Long-Term Investments	4.17	-	-	-	-	-
Other Long-Term Assets	19.09	13.84	22.58	10.5	15.67	18.64
Total Assets	383.31	349.02	350.24	332.32	286.48	253.36
Accounts Payable	25.42	8.86	7.92	4.56	4.97	5.96
Accrued Expenses	14.07	10.07	12.79	15.09	10.82	11.54
Current Portion of Long-Term Debt	11.86	11.85	7.89	7.87	7.82	9.49
Current Portion of Leases	2.55	2.13	0.45	0.48	0.3	0.28
Other Current Liabilities	-	0.63	0.31	0.4	0.65	1.19
Total Current Liabilities	53.9	33.53	29.35	28.4	24.56	28.46
Long-Term Debt	54.87	43.76	55.61	63.51	71.39	56.27
Long-Term Leases	3.69	5.17	4.14	4.37	0.03	0.32
Other Long-Term Liabilities	10.12	9.13	10.89	8.95	8.21	8.68
Total Long-Term Liabilities	68.68	58.07	70.65	76.82	79.63	65.27
Total Liabilities	122.58	91.6	100	105.23	104.19	93.73
Common Stock	1.43	1.43	1.42	1.42	1.41	-
Treasury Stock	-21.62	-21.26	-11.17	-11.05	-10.81	-
Additional Paid-in Capital	226.31	221.91	214.38	206.06	196.22	-
Retained Earnings	54.6	55.35	45.61	30.67	-4.53	-
Shareholders' Equity	260.73	257.42	250.24	227.09	182.29	-
Total Liabilities & Equity	383.31	349.02	350.24	332.32	286.48	253.36
Total Debt	72.97	62.92	68.09	76.22	79.53	66.36
Net Cash (Debt)	-66.19	-17.29	5.73	28.98	-26.26	-45.37
Net Cash Growth	-	-	-80.23%	-	-	-
Net Cash Per Share	-0.46	-0.12	0.04	0.20	-0.19	-0.32
Book Value	260.73	257.42	250.24	227.09	182.29	0
Book Value Per Share	1.82	1.81	1.76	1.59	1.29	-
Tangible Book Value	220.98	221.19	213.4	195.58	154.07	-29.36
Tangible Book Value Per Share	1.55	1.55	1.50	1.37	1.09	-0.21

Updated Nov 5, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q