earnings
confidence high
sentiment negative
materiality 0.80
Montauk Renewables H1 2023 revenue down 28%; EBITDA falls 70%; reports headline loss
Montauk Renewables, Inc.
2023-Q2 EPS reported
-$0.02
revenue$72,409,000
- Revenue $72.4M vs $100.1M YoY, down 28%.
- EBITDA $9.9M vs $32.9M, down 70%.
- Headline loss $2.1M vs profit $17.6M; basic EPS loss $0.02 vs $0.13 profit.
- No interim dividend declared to focus on portfolio development.
- Net asset value per share $1.61, up 11% from $1.45.