Name | Value |
---|---|
Revenues | 49.6M |
Cost of Revenue | 24.7M |
Gross Profit | 24.9M |
Operating Expense | 13.7M |
Operating I/L | 8.6M |
Other Income/Expense | -1.4M |
Interest Income | 0.0M |
Pretax | 7.2M |
Income Tax Expense | 1.2M |
Net Income/Loss | 6.0M |
Montauk Renewables, Inc. specializes in recovering and processing biogas from non-fossil fuel sources, operating in Renewable Natural Gas and Renewable Electricity Generation segments. The company develops, owns, and operates renewable natural gas (RNG) projects, capturing methane and converting it into either RNG or electrical power for the grid. Its customers include long-term owner-operators of landfills and livestock farms, local utilities, and refiners in the natural gas and refining sectors. Montauk Renewables generates revenue by selling RNG and renewable identification numbers (RIN) to its diverse customer base.