OPAL Fuels Q3 revenue rises 18% to $84M; net income $17.1M vs $0.2M loss YoY

OPAL Fuels Inc.

2024-Q3 EPS reported $0.07 revenue$219,949,000

Revenue $84.0M (+18% YoY); net income $17.1M vs $0.2M prior-year; diluted EPS $0.09 vs $(0.01).
Adjusted EBITDA $31.1M (+$14.6M YoY); nine-month adjusted EBITDA $67.4M (+$47.5M YoY).
RNG produced 1.0M MMBtu (+43% YoY); RNG sold as transport fuel 19.6M GGEs (+80% YoY).
Sapphire RNG JV (0.8M MMBtu capacity) began commercial ops Sep 2024; Polk County RNG (1.1M MMBtu) began Oct 2024.
Fuel Station Services sold/dispensed 38.7M GGEs (+15% YoY); RNG Pending Monetization $23.1M at quarter-end.

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