Loading...
•
Jun 30, 2024
Montauk Renewables Q2 2024 Earnings Report
Reported an increase in revenue and headline earnings for the six months ended June 30, 2024.
Key Takeaways
Montauk Renewables reported an increase in revenue to $82.125 million and a significant increase in headline earnings to $1.601 million for the six months ended June 30, 2024. The company did not declare a final dividend to focus on the continued development of its operations portfolio.
Revenue increased by 13% to $82.125 million.
EBITDA increased by 57% to $15.603 million.
Headline earnings increased by 178% to $1.601 million.
Earnings per share increased by 150% to $0.01.
Montauk Renewables
Montauk Renewables
Forward Guidance
The directors have resolved not to declare a final dividend to focus financial resources on the continued development of the Company’s operations portfolio.