earnings
confidence high
sentiment negative
materiality 0.75
Montauk Q1 net loss swings to $0.5M; announces Rumpke relocation and Blue Granite impairment
Montauk Renewables, Inc.
2025-Q1 EPS reported
$0.00
revenue$42,603,000
- Revenues $42.6M (+9.8% YoY); net loss of $0.5M vs net income $1.9M in Q1 2024; Adj. EBITDA $8.8M (-7.2%).
- RINs sold 9.9M (+25.3% YoY); avg RIN price $2.46 vs $3.25; RNG production flat at 1.4M MMBtu.
- Full-year 2025 guidance: RNG revenue $150-170M, RNG production 5.8-6.0M MMBtu.
- Rumpke RNG relocation planned; estimated capex $80-110M; commissioning targeted 2028.
- Blue Granite RNG project: utility will no longer accept RNG, equipment impairment recognized.