Michael Jacobson
On February 14, 2025, Mr. Michael Jacobson provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company’s Board of Directors (the “Board”) effective immediately.
Highest-materiality recent filing
Montauk Renewables Q1 revenue up 9% to $46.4M; net income near break-even, Adj EBITDA +23%
Revenues $46.4M (+9% YoY); net income $5K vs loss $0.5M in Q1 2025; Non-GAAP Adj EBITDA $10.8M (+22.8%).
Montauk Renewables FY2025 earnings drop sharply; EBITDA down 21%, EPS down 86%
Revenue flat at $176.4M; EBITDA fell 21.2% to $32.3M from $41.0M.
Montauk Renewables FY2025 net income drops 82%; revenue flat at $176.4M
Revenue of $176.4M flat YoY; net income of $1.7M down 82%; non-GAAP Adjusted EBITDA of $35.6M down 16.5%.
Sixth Amendment replaces Total Leverage Ratio with Total Net Leverage Ratio (net of cash up to $5M).
Montauk Q3 revenue $45.3M (-31.3% YoY); net income $5.2M (-69.5%); guidance unchanged
Adjusted EBITDA $12.8M, down 56.4% YoY; average realized RIN price $2.29 (-31.4%).
Montauk Renewables H1 2025 loss per share $0.04; revenue up 7% but EBITDA down 27%
Revenue $87.73M, +7% YoY; EBITDA $11.36M, -27% YoY from $15.60M.
Montauk Q2 revenue up 4.1% to $45.1M; net loss widens to $5.5M; reaffirms FY guidance
Revenue $45.1M (+4.1% YoY); operating loss $2.4M vs operating income $0.8M in Q2 2024.
Montauk Q1 net loss swings to $0.5M; announces Rumpke relocation and Blue Granite impairment
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%).
Montauk Renewables FY2024 revenue flat at $175.7M; EPS falls 36% to $0.07; no dividend
Revenue $175.7M, +0.5% YoY; EBITDA $41.0M, -10% YoY.
Montauk Renewables FY 2024 net income down 35% to $9.7M; revenue flat at $175.7M
Revenue flat at $175.7M; net income fell 34.9% to $9.7M; adjusted EBITDA down 8.3% to $42.6M.
Montauk Q3 revenue $65.9M (+18% YoY), net income $17.0M (+32% YoY); guides RNG rev $175-185M
Q3 revenue $65.9M (+18.4% YoY), net income $17.0M (+31.8% YoY), Adjusted EBITDA $29.4M (+31.3% YoY).
Montauk Renewables H1 2024 revenue up 13%, turns to headline earnings of $1.6M
Revenue $82.1M for six months ended June 30, 2024, up 13% YoY from $72.4M.
Montauk Renewables Q2 2024 net loss $0.7M; revenue down 18.6% on strategic RIN deferral
Revenue $43.3M (-18.6% YoY); net loss $0.7M vs net income $1.0M YoY.
Montauk Renewables Q1 revenue $38.8M (+102.5%), net income $1.9M vs loss
Revenue $38.8M (+102.5% YoY); net income $1.9M vs net loss of $3.8M in Q1 2023.
Montauk Renewables FY2023 revenue down 15%, headline EPS falls 59% to $0.11; no dividend declared
Revenue $174.9M, down 15% from $205.6M in FY2022.
Montauk Renewables FY2023 revenue down 14.9% to $174.9M, net income falls 57.5%
Net income of $14.9M ($0.09 diluted EPS), down from $35.2M; Adjusted EBITDA $46.5M, down 34.1%.
Montauk Renewables Q3 net income up 15.6% to $12.9M; updates FY outlook, OKs NC project phase
Revenue $55.7M (-0.4% YoY); net income $12.9M (+15.6%); Adj. EBITDA $22.4M (+7.4%).
Montauk Renewables H1 2023 revenue down 28%; EBITDA falls 70%; reports headline loss
Revenue $72.4M vs $100.1M YoY, down 28%.
Montauk Renewables Q2 revenue falls 21.5%, net income down 94.8% to $1M
Revenue $53.3M, down 21.5% YoY; net income $1.0M, down 94.8% YoY.
Capital investment of $85-95M for RNG facility at Bowerman Landfill; nameplate capacity ~3,600 MMBtu/day.
Montauk Q1 revenue drops 40.5% to $19.2M; net loss widens 240% to $3.8M
Revenues $19.2M, down 40.5% YoY; net loss $3.8M vs loss $1.1M in Q1 2022.
Montauk Renewables FY2022 revenue $205.6M (+39% YoY); HEPS $0.27 vs -$0.02
Revenue $205.6M, up 39% from $148.1M; EBITDA $65.7M, up 158% from $25.4M.
Montauk Renewables FY2022 revenue $205.6M (+38.8%), net income $35.2M (+877%)
Adjusted EBITDA $70.5M, +152.4% YoY; RNG production 5.5M MMBtu (-2.9%).
Montauk Renewables Q3 revenue up 40.5% to $55.9M; net income up 25.7% to $11.2M
Revenue $55.9M (+40.5% YoY); Net income $11.2M (+25.7% YoY); Adjusted EBITDA $20.9M (+62.7% YoY).
Montauk Renewables reports H1 2022 revenue up 59% YoY; EPS $0.13 vs ($0.13) loss
Revenue $100.1M for six months ended June 30, 2022, up 59% from $63.1M in H1 2021.
Montauk Renewables Q2 revenue surges 114% to $67.9M, net income $19.2M
Revenue $67.9M, up 114% YoY; net income $19.2M vs net loss of $4.7M in Q2 2021.
Montauk Renewables Reports First Quarter 2022 Results with Revenue Up 2.3% and Net Loss Down 92.2%
Revenues of $32.2 million for Q1 2022, up 2.3% from $31.4 million in Q1 2021.
Montauk Renewables FY2021 revenue up 48% to $148.1M; swings to headline loss of $2.9M
Revenue $148.1M (+48% YoY); EBITDA $25.4M (+1% YoY).
Montauk Renewables FY21 revenue up 47.5% to $148.1M, net loss $4.5M; issues FY22 guidance
Revenue $148.1M, +47.5% YoY; net loss $4.5M vs net income $4.6M in 2020.
Montauk Renewables amends credit facility: revolver to $120M, term loan to $80M, maturity Dec 2026
Revolving credit commitments increased from $80M to $120M; term loan commitments increased to $80M (from ~$22.5M outstanding).
Montauk Renewables Q3 revenue up 41% to $39.7M, net income $8.9M vs loss year ago
Revenue $39.7M (+40.7% YoY); net income $8.9M vs net loss of $2.1M in Q3 2020.
On February 14, 2025, Mr. Michael Jacobson provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company’s Board of Directors (the “Board”) effective immediately.
On April 2, 2024, the Board of Directors (the “ Board ”) of Montauk Renewables, Inc., a Delaware corporation (the “ Company ”), appointed Mr. Michael A. Jacobson to the Board and Audit Committee thereof.
On April 6, 2023, Mr. Scott Hill, Vice President of Business Development, provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company, effective immediately.
On March 28, 2023, Mr. Michael A. Jacobson provided notice to Montauk Renewables, Inc. (the “Company”) that he is resigning from the Company’s Board of Directors (the “Board”) effective March 30, 2023.
On December 13, 2021, Mr. Bruce Raynor provided notice to Montauk Renewables, Inc. (the “Company”) that he will resign from the Company’s Board of Directors (the “Board”) effective February 28, 2022.
On December 9, 2021, the Board of Directors (the “ Board ”) of Montauk Renewables, Inc., a Delaware corporation (the “ Company ”), elected Ms. Jennifer Cunningham to the Board and appointed her to the Environmental, Safety and Corporate Responsibility Committee of the Board to be effective with her Board term commencing on January 1, 2022
Max materiality 0.85 · Median 0.68 · Most common event earnings