earnings
confidence high
sentiment neutral
materiality 0.75
OPAL Fuels reports FY2024 revenue $300M, net income $14.3M; Adj. EBITDA $90M
OPAL Fuels Inc.
- FY2024 revenue $300M (+17% YoY); Q4 revenue $80M (-8% YoY).
- FY2024 net income $14.3M (down from $127M, which included $122.9M non-cash gain); Q4 net loss $5.4M.
- FY2024 Adjusted EBITDA $90M (up from $52M YoY); Q4 Adjusted EBITDA $22.6M (down from $32M).
- FY2024 RNG production 3.8M MMBtu (+41% YoY); total design capacity 11.4M MMBtu (operating + construction).
- Fuel Station Services dispensed 150.2M GGEs (+13%); RNG dispensed 74.0M GGEs (+69%) in FY2024.