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.
Total revenues reached $9.6 million, a 23% increase year-over-year.
Completed business combination with AMCI Acquisition Corp. II, raising $242 million in gross proceeds.
Three additional commercial scale facilities are expected to begin operations in 2023.
Reaffirmed full year 2023 revenue and adjusted EBITDA guidance.
LanzaTech reaffirmed its full-year 2023 financial outlook, including total revenue of $80-$120 million and an adjusted EBITDA loss guidance range of $(55)-$(65) million.
Visualization of income flow from segment revenue to net income