LanzaTech reports FY2022 revenue $37.3M (+47% YoY), net loss $(76.4)M, FY2023 revenue guidance $80-120M

LanzaTech Global, Inc.

FY2022 total revenue $37.3M, up 47% YoY from $25.5M in 2021.
FY2022 net loss $(76.4)M, vs $(46.7)M in 2021; Adj. EBITDA $(69.2)M vs $(44.8)M.
Cumulative licensed capacity increased 60% to ~150,000 tonnes per annum.
FY2023 revenue guidance $80-120M; Adjusted EBITDA guidance $(65) to $(55)M.
Cash on hand ~$230M; expects to fund business to positive Adj. EBITDA by end of 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

LanzaTech Global, Inc. reported fiscal year ending December 31, 2022 results: revenue $37.3 million, net income $(76.4) million.

Period: fiscal year ending December 31, 2022
Revenue: $37.3 million
Net income: $(76.4) million
Result: reported results

Exact text from the filing

Financial Results and Provides Full Year 2023 Financial Outlook Total revenue for full year 2023 expected to be $80.0 million – $120.0 million, up from full year 2022 revenue of $37.3 million Full year 2022 net loss of $(76.4) million and Adjusted EBITDA of $(69.2) million; Adjusted EBITDA for full year 2023 expected to be $(65.0) million – $(55.0) million

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Source: SEC EDGAR

accession 0001628280-23-009646

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