LanzaTech Global Inc

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

LanzaTech reports strong Q2 revenue growth and global expansion

LanzaTech's Q2 performance showcased revenue growth and safety achievements, with a focus on sustainability projects and global expansion plans.
While facing challenges in EBITDA and cost management, the company's strengths in revenue diversification and strategic partnerships offer growth potential.
Opportunities in expanding markets, licensing revenues, and innovative projects position LanzaTech for long-term success in the sustainability sector.
The company's emphasis on technological advancements and operational efficiencies underscores its commitment to driving revenue growth and addressing climate change.

LanzaTech Global Inc excels in Q3, eyes sustainable growth

LanzaTech Global Inc reported strong Q3 results with revenue growth, improved gross margin, and a focus on safety. Strategic partnerships and expansion plans drive growth opportunities in CarbonSmart business and sustainable aviation fuel production.
While facing profitability challenges and the need to meet revenue guidance, the company's commitment to EBITDA breakeven by next year and cost management strategies position it for long-term success. Detailed guidance for 2024 expected in February will provide clarity on future prospects.
With a solid cash position, operational efficiency, and a forward-looking approach to business development, LanzaTech Global Inc navigates market challenges and capitalizes on growth opportunities. Anticipated growth in Q4 and full-year results set a positive trajectory for future performance.

LanzaTech reports revenue growth in Q4 2023, faces EBITDA challenges

LanzaTech's Q4 2023 showed revenue growth, but full-year figures fell short, with cost-cutting initiatives in place.
2024 revenue guidance aims to improve margins and control costs, with adjusted EBITDA loss expected.
Organizational changes seek greater efficiency, while challenges include delayed opportunities and EBITDA targets.
Strong cash position, restarted operations, and regulatory support present opportunities for growth.

LanzaTech meets Q1 revenue forecasts, eyes sustainable aviation fuel growth

LanzaTech's Q1 performance met forecasts with revenue of $10 million and gross profit of $3.5 million, but faced an increased adjusted EBITDA loss.
The company's strengths lie in green hydrogen utilization, fair distribution through offtakes, and feasible CO2 utilization for sustainable aviation fuel.
Challenges include financial losses, administrative uncertainties, and the need to navigate the energy sector's pioneering difficulties.
Opportunities exist in revenue growth, carbon intensity reduction, project expansions, and maximizing output efficiency from raw materials.

LNZA shifts focus to own projects, eyes growth in sustainable fuels

LNZA's Q3 performance was impacted by missed events, but the company is strategically shifting towards developing own projects for better control and profitability.
Despite challenges, LNZA is capitalizing on opportunities in sustainable aviation fuel projects, new partnerships, and product diversification to drive future growth.
With a strong Q4 outlook and key revenue drivers in place, LNZA is poised for growth and income impact in 2025 from strategic initiatives like Project Drake.

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LanzaTech Global, Inc. engages in the provision of nature-based carbon refining that transforms waste carbon into chemical building blocks for consumer goods such as sustainable fuels, fabrics, and packaging. The company is headquartered in Skokie, IL.

Technip Energies (PARIS:TE) and LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”) announced that the U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) has committed up to $200 million in federal funding and authorized the initiation of Phase 1 of their Sustainable Ethylene from CO2 Utilization with Renewable Energy Project (Project SECURE).

Technip Energies and LanzaTech Awarded Funding from the U.S. Department of Energy for Commercializing Breakthrough CO2 to Ethylene Technology

CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”), the carbon recycling company transforming above-ground carbon into sustainable fuels, chemicals, materials, and protein, and ArcelorMittal S.A. (NYSE: MT) (“ArcelorMittal”), the world's leading integrated steel and mining company, today announced that ethanol from ArcelorMittal's commercial flagship Steelanol facility in Ghent, Belgium, has achieved a production milestone whereby ethanol volumes have ramped to a significant enough level to support large-scale shipping by barge. LanzaTech took title to the first barge shipment earlier this month, and the ethanol is en route to be purified and sold to LanzaTech's CarbonSmart customers such as Coty. This achievement progresses LanzaTech and ArcelorMittal's joint strategy to develop a thriving European supply chain for sustainable ethanol produced in the region.

ArcelorMittal and LanzaTech Announce Ethanol Production Milestone and Shipment of First Barge from Flagship Steelanol Facility in Belgium

Pilenko's four decades of energy and infrastructure expertise adds operational leadership depth as LanzaTech continues global deployment and scaling of its carbon management solution Pilenko's four decades of energy and infrastructure expertise adds operational leadership depth as LanzaTech continues global deployment and scaling of its carbon management solution

LanzaTech Appoints TechnipFMC's Former Executive Chairman Thierry Pilenko to Board of Directors

CHICAGO, Nov. 13, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein today announced that members of its management team will attend the following upcoming investor events:

LanzaTech to Participate in Upcoming Investor Events

LanzaTech Global, Inc. (NASDAQ:LNZA ) Q3 2024 Results Conference Call November 8, 2024 8:30 AM ET Company Participants Kate Walsh - VP, Investor Relations & Tax Jennifer Holmgren - Chief Executive Officer Geoff Trukenbrod - Chief Financial Officer Conference Call Participants Leo Mariani - ROTH Jeffrey Campbell - Seaport Research Partners Thomas Meric - Janney Montgomery Jason Gabelman - TD Cowen Steve Byrne - Bank of America Pavel Molchanov - Raymond James Operator Good day, everyone, and welcome to LanzaTech Global Inc.'s Third Quarter of 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

LanzaTech Global, Inc. (LNZA) Q3 2024 Earnings Call Transcript

LanzaTech Global, Inc. (LNZA) came out with a quarterly loss of $0.29 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.13 per share a year ago.

LanzaTech Global, Inc. (LNZA) Reports Q3 Loss, Lags Revenue Estimates

Company expands technology licensing business model to incorporate incremental participation in biorefining value chain as demonstrated by entering into ethanol off-take agreement with ArcelorMittal and advancement of key commercial projects being developed Company expands technology licensing business model to incorporate incremental participation in biorefining value chain as demonstrated by entering into ethanol off-take agreement with ArcelorMittal and advancement of key commercial projects being developed

LanzaTech Reports Third-Quarter 2024 Financial Results, Updates 2024 Outlook, and Expands Business Model to Accelerate Revenue Growth

CHICAGO, Oct. 31, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”), the carbon recycling company transforming above-ground carbon into sustainable fuels, chemicals, materials, and proteins, today announced plans to develop a commercial-scale Carbon Capture and Utilization (“CCU”) facility (the “facility”, “plant”, or “project”) at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028. Eramet will supply furnace gas as feedstock to the facility from the Porsgrunn Manganese Alloys smelter but will not participate in its financing.

LanzaTech and Eramet announce plans for first-of-a-kind integrated Carbon Capture, Utilization and Storage (CCUS) project in Norway

Project uses waste CO2 as a feedstock to produce sustainable isopropanol, a common alcohol found in everyday products Project uses waste CO2 as a feedstock to produce sustainable isopropanol, a common alcohol found in everyday products

LanzaTech Awarded $3 Million from U.S. Department of Energy to Advance Conversion of Waste CO2 into Valuable Chemicals

CHICAGO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, materials, and protein, today announced that it will issue its third-quarter 2024 financial results before financial markets in the United States open on Friday, November 8, 2024. A conference call will be held that same day at 8:30 a.m. Eastern Time to review the Company's financial results, discuss recent events, and conduct a question-and-answer session.

LanzaTech Announces Date for Third-Quarter 2024 Earnings Release and Conference Call

Company plans to access $1 trillion alternative protein market by commercializing primary production of nutrient-rich protein through LanzaTech's proprietary gas fermentation process Company plans to access $1 trillion alternative protein market by commercializing primary production of nutrient-rich protein through LanzaTech's proprietary gas fermentation process

LanzaTech Expands Biorefining Platform Capabilities to Include Production of Commercial-scale Nutritional Protein Directly From CO2

CHICAGO, Sept. 24, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, and Woodside Energy Group Ltd. (ASX, NYSE, LSE: WSD) (“Woodside”), the global energy company founded in Australia providing reliable and affordable energy to help people lead better lives, today jointly announced that Dr. Jennifer Holmgren, CEO of LanzaTech, and Meg O'Neill, CEO of Woodside, will participate in a webinar hosted by Bank of America analyst Steve Byrne to discuss hot topics and key challenges related to globally scaling the circular carbon economy and developing impactful carbon abatement programs for energy companies.

LanzaTech and Woodside Energy to Participate in Bank of America Hosted Webinar on September 27, 2024

LanzaTech progresses partnership with SEKISUI by formalizing commercial framework to construct facilities which significantly advance how municipalities

LanzaTech Signs Master License Agreement with SEKISUI to Develop Multiple Commercial Scale Waste-to-Ethanol Plants Across Japan

First Project to be Developed with the CirculAir Platform, the End-to-End Commercial Sustainable Fuels Technology Solution Converting Waste Feedstocks into SAF First Project to be Developed with the CirculAir Platform, the End-to-End Commercial Sustainable Fuels Technology Solution Converting Waste Feedstocks into SAF

LanzaTech and LanzaJet Announce New Project with Wagner Sustainable Fuels in Australia

LanzaTech Global, Inc. (LNZA) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.14 per share a year ago.

LanzaTech Global, Inc. (LNZA) Reports Q2 Loss, Tops Revenue Estimates

Achieved total revenue of $ 17.4 million for second-quarter 2024, exceeding expectations Reaffirming full-year 2024 outlook, including total revenue of $90 million - $105 million Announcing $40 million investment by Carbon Direct Capital, strengthening financial flexibility CHICAGO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, today reported its financial and operating results for second-quarter 2024, reaffirmed its previously issued financial outlook for full-year 2024, and is announcing a $40 million investment by new investor Carbon Direct Capital. Highlights: Reported revenue of $17.4 million for second-quarter 2024 as compared to revenue of $12.9 million for second-quarter 2023; year-over-year increase of 35% driven primarily by the Biorefining business and within that, licensing revenue associated with technology licensed to LanzaJet, Inc. (“LanzaJet”) and engineering services revenue from multiple customers Continued to execute on Biorefining business, including recording early-stage equipment and engineering revenue related to a new project with NTPC Limited (“NTPC”), India's largest power generation utility company Advanced Joint Development Agreement & Contract Research business, with several current engagements expected to progress into broader opportunities within the Biorefining and CarbonSmart™ businesses Achieved CarbonSmart milestone with the Company's first pure-play ethanol fuel sales following successful initiatives to establish the optimal licensing arrangements, partners, and supply chain infrastructure; these fuel sales build on LanzaTech's existing CarbonSmart business of selling ethanol-based products that entail the further processing or purification of ethanol offtake before delivering it to textile, chemical, and plastics customers Increased ownership stake in LanzaJet to approximately 37% from approximately 23% during second-quarter 2024 in further consideration for the license to the Alcohol-to-Jet (“ATJ”) technology exclusively licensed from LanzaTech, as LanzaJet continues to meet new milestones Launched CirculAir™, a joint offering with LanzaJet to globally deploy an end-to-end technology solution for the production of sustainable aviation fuel (“SAF”) from waste feedstocks Reaffirming full-year 2024 financial guidance ranges, including revenue of $90 million to $105 million, and adjusted EBITDA loss of $(65) million to $(55) million Announcing the closing of a $40 million investment in the form of a convertible note by Carbon Direct Capital, a new investor who is a globally recognized investor in the carbon management ecosystem “We made progress on a number of strategic fronts during the quarter, including growing revenue, increasing our stake in LanzaJet, launching CirculAir, commencing direct CarbonSmart ethanol fuel sales, and bringing Carbon Direct Capital onboard as an important new investor,” said Dr. Jennifer Holmgren, Board Chair and Chief Executive Officer of LanzaTech.

LanzaTech Reports Second-Quarter 2024 Financial Results, Reaffirms Full-Year 2024 Outlook, and Announces $40 Million Capital Raise

• Plant would be the first facility in India using LanzaTech's second generation bioreactor, biorefining 100% CO2 and green H2 to produce essential fuels..

LanzaTech Awarded Contract by Jakson Green to Supply NTPC its 4G Ethanol Technology for Next Gen Carbon Recycling Facility

PHILADELPHIA, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Vellar Opportunity Fund SPV LLC – Series 10 (“Vellar”,) today issues the following statement in response to claims by LanzaTech Global, Inc., a Delaware corporation (“LanzaTech”).

Vellar Opportunity Fund SPV LLC – Series 10 Issues Statement in Response to LanzaTech Claims

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CHICAGO, July 09, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, today announced that it will issue its second-quarter 2024 financial results before financial markets in the United States open on Thursday, August 8, 2024. A conference call will be held that same day at 8:30 a.m. Eastern Time to review the Company's financial results, discuss recent events, and conduct a question-and-answer session.

LanzaTech Announces Date for Second-Quarter 2024 Earnings Release and Conference Call

End-to-end commercial sustainable fuels solution tested and derisked for large-scale deployment as eFuel, Power-to-Liquids, and Waste-to-Fuels is an industry-first, using Gas Fermentation to Ethanol and Alcohol-to-Jet as a leading Sustainable Aviation Fuels pathway End-to-end commercial sustainable fuels solution tested and derisked for large-scale deployment as eFuel, Power-to-Liquids, and Waste-to-Fuels is an industry-first, using Gas Fermentation to Ethanol and Alcohol-to-Jet as a leading Sustainable Aviation Fuels pathway

LanzaTech and LanzaJet Introduce CirculAir™, a Revolutionary and Commercially Ready Solution to Convert Waste, Carbon, and Renewable Power to Sustainable Aviation Fuel

CHICAGO, June 20, 2024 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the “Company”), the carbon recycling company transforming waste carbon into sustainable fuels, chemicals, and materials, today announced an increase in its holdings of LanzaJet, Inc.  (“LanzaJet”), a leading sustainable aviation fuel technology provider and fuels producer. This ownership increase is in accordance with a previously signed agreement which allows LanzaJet to further sublicense the Alcohol-to-Jet (“ATJ”) technology originally developed by LanzaTech in collaboration with the Pacific Northwest National Lab and the U.S. Department of Energy, which enables the conversion of ethanol to sustainable aviation fuel, or “SAF”, in exchange for additional equity issued to LanzaTech.

LanzaTech Increases Share Ownership of LanzaJet

Haffner Energy teams up with LanzaJet for “Paris-Vatry SAF” Alcohol-To-Jet (ATJ) pathway selected for first biomass thermolysis-to-SAF project in France Vitry-le-François, France, June 6, 2024, 6:00 pm (CEST), France “Paris-Vatry SAF”, the Sustainable Aviation Fuel (SAF) production plant project at Paris-Vatry airport, will be developed with leading ATJ (Alcohol-To-Jet) technology provider LanzaJet, Haffner Energy announces today. The project, carried by Haffner Energy, will provide an initial capacity of 30,000 tonnes of Sustainable Aviation Fuel (SAF) per year, with the possibility of tripling production.

Haffner Energy teams up with LanzaJet for “Paris-Vatry SAF”

Company welcomes seasoned finance professional, Kate Walsh, as Vice President, Investor Relations Company welcomes seasoned finance professional, Kate Walsh, as Vice President, Investor Relations

LanzaTech Names Head of Investor Relations

LanzaTech Global, Inc. (NASDAQ:LNZA ) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Omar El-Sharkawy - VP, Corporate Development Jennifer Holmgren - CEO Geoff Trukenbrod - CFO Conference Call Participants Leo Mariani - ROTH MKM Thomas Meric - Janney Montgomery Jeffrey Campbell - Seaport Research Partners Steve Byrne - Bank of America Operator Good morning, everyone, and welcome to today's LanzaTech Global First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

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