Montauk Renewables (NASDAQ:MNTK) Full Year 2024 Results

Key Financial Results

• Revenue: US$175.7m (flat on FY 2023).
• Net income: US$9.73m (down 35% from FY 2023).
• Profit margin: 5.5% (down from 8.5% in FY 2023).
• EPS: US$0.068 (down from US$0.10 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Montauk Renewables Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 14%. Earnings per share (EPS) also missed analyst estimates by 63%.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Renewable Energy industry in the US.

Performance of the American Renewable Energy industry.

The company's shares are down 20% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for Montauk Renewables that we have uncovered.

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