Montauk Renewables Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	25.96	23.76	45.63	73.82	105.2	53.27
Cash & Short-Term Investments	25.96	23.76	45.63	73.82	105.2	53.27
Cash Growth	-35.30%	-47.93%	-38.19%	-29.83%	97.50%	153.74%
Accounts Receivable	5.23	9.17	8.17	12.75	7.22	9.34
Other Receivables	0.62	0.7	0.04	-	9	8.94
Total Trade Receivables	5.85	9.87	8.21	12.75	16.22	18.28
Other Current Assets	3.89	3.53	3.38	3.6	3.45	3.62
Total Current Assets	35.69	37.16	57.22	90.18	124.87	75.17
Net Property, Plant & Equipment	379.74	350.52	259.46	218.64	180.78	181.2
Special Use Funds	2.73	0.43	0.38	0.42	0.41	0.33
Other Intangible Assets	19.34	19.61	18.11	18.42	15.76	14.11
Goodwill	19.34	19.61	18.11	18.42	15.76	14.11
Long-Term Investments	3.77	3.82	-	-	-	-
Other Long-Term Assets	26.52	23.93	13.84	22.58	10.5	15.67
Total Assets	467.78	435.46	349.02	350.24	332.32	286.48
Accounts Payable	27.45	15.64	8.86	7.92	4.56	4.97
Accrued Expenses	11.62	11.74	10.07	12.79	15.09	10.82
Current Portion of Long-Term Debt	-	2.73	11.85	7.89	7.87	7.82
Current Portion of Leases	2.91	3.32	2.13	0.45	0.48	0.3
Other Current Liabilities	-	-	0.63	0.31	0.4	0.65
Total Current Liabilities	41.98	33.43	33.53	29.35	28.4	24.56
Long-Term Debt	149.49	126	43.76	55.61	63.51	71.39
Long-Term Leases	5.43	5.89	5.17	4.14	4.37	0.03
Other Long-Term Liabilities	7.1	7	9.13	10.89	8.95	8.21
Total Long-Term Liabilities	162.03	138.89	58.07	70.65	76.82	79.63
Total Liabilities	204.01	172.31	91.6	100	105.23	104.19
Common Stock	1.43	1.43	1.43	1.42	1.42	1.41
Treasury Stock	-21.68	-21.68	-21.26	-11.17	-11.05	-10.81
Additional Paid-in Capital	226.92	226.3	221.91	214.38	206.06	196.22
Retained Earnings	57.1	57.1	55.35	45.61	30.67	-4.53
Shareholders' Equity	263.77	263.15	257.42	250.24	227.09	182.29
Total Liabilities & Equity	467.78	435.46	349.02	350.24	332.32	286.48
Total Debt	157.84	137.94	62.92	68.09	76.22	79.53
Net Cash (Debt)	-131.88	-114.18	-17.29	5.73	28.98	-26.26
Net Cash Growth	-	-	-	-80.23%	-	-
Net Cash Per Share	-0.92	-0.80	-0.12	0.04	0.20	-0.19
Book Value	263.77	263.15	257.42	250.24	227.09	182.29
Book Value Per Share	1.84	1.84	1.81	1.76	1.59	1.29
Tangible Book Value	225.1	223.94	221.19	213.4	195.58	154.07
Tangible Book Value Per Share	1.57	1.57	1.55	1.50	1.37	1.09

Updated May 6, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q