Montauk energy(US:MNTK)2024-08-12 10:27Financial Performance - Revenue for the six months ended June 30, 2024, was $82,125,000, representing a 13% increase from $72,409,000 in the same period of 2023[1] - EBITDA for the same period was $15,603,000, a significant increase of 57% compared to $9,921,000 in the prior year[1] - Headline earnings for the six months ended June 30, 2024, were $1,601,000, a turnaround from a loss of $2,056,000 in the same period of 2023, marking a 178% improvement[1] - Earnings per share for the six months ended June 30, 2024, was $0.01, compared to a loss of $0.02 per share in the same period of 2023, reflecting a 150% increase[1] - The company reported a net income attributable to common shareholders of $1,138,000 for the six months ended June 30, 2024, compared to a loss of $2,785,000 in the same period of 2023[3] Asset and Shareholder Information - The net asset value per common share increased to $1.80, up 12% from $1.61 in the previous year[1] - The weighted-average common shares outstanding increased to 142,028,000 for the six months ended June 30, 2024, compared to 141,633,000 in the same period of 2023[3] Dividend Policy - The company has decided not to declare a final dividend to focus financial resources on the continued development of its operations portfolio[2] Adjustments and Impairments - Adjustments included a loss on disposal of plant and equipment of $43,000 and an impairment of plant and equipment totaling $420,000 for the six months ended June 30, 2024[3] Future Announcements - The full financial results announcement will be accessible from August 12, 2024, via the JSE link and the SEC's website[4]