---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-057078"
form_type: "8-K"
ticker: "MNTK"
cik: "0001826600"
company_name: "Montauk Renewables, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:54:31.014821+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Montauk Renewables Q1 revenue $38.8M (+102.5%), net income $1.9M vs loss

## Summary
- Revenue $38.8M (+102.5% YoY); net income $1.9M vs net loss of $3.8M in Q1 2023.
- Non-GAAP Adjusted EBITDA $9.5M (+212.7%); sold 7.9M RINs (+167.5%).
- Signed second feedstock supply agreement targeting 120k hog spaces under Duke Energy REC agreement.
- Reaffirmed 2024 guidance: RNG revenue $195-215M, production 5.8-6.1M MMBtu.

## SEC filing metadata
- accession: 0000950170-24-057078
- form_type: 8-K
- ticker: MNTK
- cik: 0001826600
- company_name: Montauk Renewables, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826600/000095017024057078/0000950170-24-057078-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826600/000095017024057078/mntk-20240509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-057078
- JSON: https://secwatch.observer/filing/0000950170-24-057078.json
- Plain text: https://secwatch.observer/filing/0000950170-24-057078.txt

## Key facts
- Earnings Releases
  Montauk Renewables, Inc. reported the first quarter ended March 31, 2024 results: revenue $38.8 million, net income $1.9 million. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $38.8 million
  - Net income: $1.9 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery, and conversion of biogas into renewable natural gas (“RNG”), today announced financial results for the first quarter ended March 31, 2024. First Quarter Financial Highlights: • Revenues of $38.8 million, increased 102.5% compared to the first quarter of 2023 • Net Income of $1.9 million, increased 148.8% compared to the first quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826600/000095017024057078/0000950170-24-057078-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
