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LanzaTech Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-19 20:15
Core Insights - LanzaTech Global, Inc. reported a significant decrease in revenue for Q2 2025, totaling $9.1 million, down from $17.4 million in Q2 2024, primarily due to declines in licensing and engineering services [7][3] - The company is undergoing strategic transformations to enhance operational efficiency and profitability, including leadership changes and workforce reductions [6][14] - LanzaTech received a £6.4 million grant from the UK government to support the development of two commercial-scale Sustainable Aviation Fuel (SAF) facilities [6] Financial Performance - Revenue for the six months ended June 30, 2025, was $18.6 million, compared to $27.6 million for the same period in 2024 [3] - The cost of revenue increased by 13% year-over-year to $6.2 million in Q2 2025, influenced by a shift in revenue mix [9] - Operating expenses rose to $35.1 million in Q2 2025 from $34.7 million in Q2 2024, mainly due to higher professional fees [10] Loss Metrics - The net loss for Q2 2025 was $32.5 million, compared to $27.8 million in Q2 2024, with a notable non-cash gain on financial instruments partially offsetting losses [11] - Adjusted EBITDA loss increased to $29.7 million in Q2 2025 from $17.8 million in the same period last year, driven by higher operational costs and lower revenue [12] Balance Sheet and Liquidity - As of June 30, 2025, LanzaTech had $39.6 million in total cash and investments, up from $23.4 million as of March 31, 2025, following a $40 million preferred equity financing [13] - The total liabilities as of June 30, 2025, were $128.3 million, compared to $161.2 million in the previous year [25] Strategic Initiatives - The company is focusing on scaling its business in the sustainable aviation fuel market, leveraging its proprietary gas fermentation technology [6][14] - LanzaTech aims to align its cost structure with long-term objectives through strategic partnerships and commercial project advancements [6][14]
LanzaTech Announces First Quarter 2025 Financial Results
Globenewswire· 2025-05-19 11:00
CHICAGO, May 19, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) ("LanzaTech" or the "Company"), a carbon management solutions company, today reported its financial and operating results for the first quarter of 2025. (1) See "Non-GAAP Financial Measures" and "Reconciliations of GAAP Net Loss to Adjusted EBITDA" sections herein for an explanation and reconciliations of non-GAAP measures used throughout this release. Revenue Cost of Revenue Reported total revenue of $9.5 million for the first ...
LanzaTech Announces Fourth-Quarter and Full-Year 2024 Financial Results
Newsfilter· 2025-04-15 20:15
CHICAGO, April 15, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ:LNZA) ("LanzaTech" or the "Company"), a carbon management solutions company, today filed its annual report for the fiscal year ended December 31, 2024 (the "Form 10-K"). Key Takeaways: Reported total revenue of $12.0 million for fourth-quarter 2024 as compared to $20.5 million for fourth-quarter 2023. The decrease was driven primarily by fourth-quarter 2023 benefiting from engineering services performed across several projects which ...