LanzaTech Earnings Reports

LanzaTech posted lower total revenue in Q1 2025 compared to the prior year, primarily due to declines in biorefining and contract research. However, CarbonSmart product sales surged. Despite a narrowed net loss, the company continues to face significant going concern risks.

LanzaTech’s Q4 2024 results reflected revenue challenges tied to delayed biorefining project timelines, while operating costs remained high, resulting in a wider net loss.

LanzaTech reported a disappointing Q3 2024 with revenue of $9.9 million, missing financial targets due to a delay in a LanzaJet sublicensing event and softer ethanol pricing. However, the company announced a long-term off-take agreement with ArcelorMittal and advanced Project Drake, positioning it for greater upside.

LanzaTech reported total revenue of $17.4 million for Q2 2024, exceeding expectations and representing a 35% year-over-year increase. The company reaffirmed its full-year 2024 outlook, projecting revenue between $90 million and $105 million, and announced a $40 million investment by Carbon Direct Capital.

LanzaTech reported first quarter 2024 revenue of $10.2 million, a 6% increase year-over-year, driven by growth in CarbonSmart and Joint Development Agreements & Contract Research businesses. The company reiterated its full year 2024 revenue outlook of $90 - $105 million.

LanzaTech reported a 143% increase in revenue compared to Q3 2022, reaching $19.6 million. This growth was primarily driven by increases in engineering and other services revenue, as well as growth in the CarbonSmart business. However, the company experienced a net loss of $25.3 million due to increased operating expenses. Cash, restricted cash, and investments totaled $136.9 million.

LanzaTech Global Inc. reported a 31% year-over-year revenue increase to $12.9 million for the second quarter of 2023. The company is tightening its 2023 revenue guidance to $80 to $100 million. They are reiterating their forecast to achieve positive Adjusted EBITDA by the end of 2024.

LanzaTech Global, Inc. reported a 23% increase in revenue for the first quarter of 2023, reaching $9.6 million compared to $7.9 million in the same period of 2022. The company also completed its business combination with AMCI Acquisition Corp. II, raising $242 million in gross proceeds.