Montauk Renewables (MNTK) Revenue & Revenue Breakdown
Montauk Renewables Revenue Highlights
Latest Revenue (Y)
$174.90M
Latest Revenue (Q)
$43.34M
Main Segment (Y)
Renewable Natural Gas
Montauk Renewables Revenue by Period
Montauk Renewables Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $174.90M | -14.91% |
| 2022-12-31 | $205.56M | 38.77% |
| 2021-12-31 | $148.13M | 47.56% |
| 2020-12-31 | $100.38M | -6.52% |
| 2019-12-31 | $107.38M | -6.69% |
| 2018-12-31 | $115.09M | - |
Montauk Renewables generated $174.90M in revenue during NA 2023, up -14.91% compared to the previous quarter, and up 151.98% compared to the same period a year ago.
Montauk Renewables Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $43.34M | 11.73% |
| 2024-03-31 | $38.79M | -17.13% |
| 2023-12-31 | $46.81M | -15.95% |
| 2023-09-30 | $55.69M | 4.57% |
| 2023-06-30 | $53.26M | 178.04% |
| 2023-03-31 | $19.15M | -61.42% |
| 2022-12-31 | $49.64M | -11.13% |
| 2022-09-30 | $55.86M | -17.71% |
| 2022-06-30 | $67.88M | 111.02% |
| 2022-03-31 | $32.17M | -28.92% |
| 2021-12-31 | $45.26M | 13.85% |
| 2021-09-30 | $39.75M | 25.49% |
| 2021-06-30 | $31.67M | 0.72% |
| 2021-03-31 | $31.45M | 26.68% |
| 2020-12-31 | $24.82M | -12.13% |
| 2020-09-30 | $28.25M | 1.23% |
| 2020-06-30 | $27.91M | 51.65% |
| 2020-03-31 | $18.40M | -22.28% |
| 2019-12-31 | $23.68M | - |
Montauk Renewables generated $43.34M in revenue during Q2 2024, up 11.73% compared to the previous quarter, and up 226.26% compared to the same period a year ago.
Montauk Renewables Revenue Breakdown
Montauk Renewables Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Renewable Natural Gas | $156.46M | $196.22M | $131.80M |
| Renewable Electricity Generation | $18.82M | $17.17M | $15.45M |
| Corporate Segment | - | $-7.83M | $875.00K |
Montauk Renewables's latest annual revenue breakdown by segment (product or service), as of Dec 23: Renewable Natural Gas (89.26%), and Renewable Electricity Generation (10.74%).
Quarterly Revenue by Product
| Product/Service | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 |
|---|---|---|---|---|---|---|---|---|---|---|
| Renewable Natural Gas | $93.06M | $48.61M | $14.79M | $44.64M | $54.34M | $64.57M | $32.66M | $41.10M | $35.00M | $27.58M |
| Renewable Electricity Generation | $9.81M | $4.65M | $4.37M | $4.52M | $4.35M | $4.33M | $3.97M | $4.16M | $3.87M | $4.09M |
| Corporate Segment | - | - | - | $483.00K | $-2.83M | $-1.01M | $-4.47M | - | $875.00K | - |
Montauk Renewables's latest quarterly revenue breakdown by segment (product or service), as of Dec 23: Renewable Natural Gas (90.47%), and Renewable Electricity Generation (9.53%).
Montauk Renewables Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CIG | Companhia Energética de Minas Gerais | $36.85B | $9.06B |
| ELP | Companhia Paranaense de Energia - COPEL | $21.48B | $5.42B |
| BKH | Black Hills | $2.33B | $402.60M |
| ALE | ALLETE | $1.88B | $354.50M |
| AVA | Avista | $1.75B | $609.42M |
| NWE | NorthWestern | $1.42B | $475.30M |
| OTTR | Otter Tail | $1.35B | $342.34M |
| UTL | Unitil | $557.10M | $95.70M |
| MNTK | Montauk Renewables | $174.90M | $43.34M |
MNTK Revenue FAQ
What is Montauk Renewables’s yearly revenue?
Montauk Renewables's yearly revenue for 2023 was $174.9M, representing a decrease of -14.91% compared to 2022. The company's yearly revenue for 2022 was $205.56M, representing an increase of 38.77% compared to 2021. MNTK's yearly revenue for 2021 was $148.13M, representing an increase of 47.56% compared to 2020.
What is Montauk Renewables’s quarterly revenue?
Montauk Renewables's quarterly revenue for Q2 2024 was $43.34M, a 11.73% increase from the previous quarter (Q1 2024), and a -18.62% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $38.79M, a -17.13% decrease from the previous quarter (Q4 2023), and a 102.50% increase year-over-year (Q1 2023). MNTK's quarterly revenue for Q4 2023 was $46.81M, a -15.95% decrease from the previous quarter (Q3 2023), and a -5.71% decrease year-over-year (Q4 2022).
What is Montauk Renewables’s revenue growth rate?
Montauk Renewables's revenue growth rate for the last 3 years (2021-2023) was 18.08%, and for the last 5 years (2019-2023) was 62.88%.
What are Montauk Renewables’s revenue streams?
Montauk Renewables's revenue streams in c 23 are Renewable Natural Gas, and Renewable Electricity Generation. Renewable Natural Gas generated $156.46M in revenue, accounting 89.26% of the company's total revenue, down -20.26% year-over-year. Renewable Electricity Generation generated $18.82M in revenue, accounting 10.74% of the company's total revenue, up 9.63% year-over-year.
What is Montauk Renewables’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Montauk Renewables was Renewable Natural Gas. This segment made a revenue of $156.46M, representing 89.26% of the company's total revenue.