LanzaTech SPAC Presentation Deck
LanzaTech Projected Financial Profile
($ in millions)
% Growth:
% of
Rev:
One-Time Revenue¹
Recurring Revenue²
$ 26
$ 24
2021E
NM
$6
2021E
$2
$65
$58
2022E
PP&E
Committed Co-Dev Capital
Expected Co-Dev Capital
24%
249 %
$38
S 20
2022E
Revenue Projections
$7
58%
$ 178
$ 155
2023E
$3
$ 15
273 %
$82
$ 34
$ 33
2023E
$ 23
46 %
$ 436
$15
$ 383
2024E
Invested Capital: Co-Dev & Capex Projections
245 %
$ 171
$ 95
$ 54
S22
2024E
$ 53
$ 701
$ 183
39%
$ 518
2025E
161 %
$ 43
S 20
2025E
$3
6%
$ 966
$ 338
$ 629
2026E
138 %
$ 23
2026E
% Margin:
2%
% of
EBITDA:
$(44)
2021E³
NM
$(50)
2021E3
NM
$(38)
2022E
NM
Adjusted EBITDA Projections
$(76)
2022E
$(4)
NM
2023E
NM
-
$(86)
2023E
$ 80
Adjusted EBITDA Invested Capital Projections
2024E
NM
18%
$(91)
2024E
$ 251
2025E
NM
83 %
Source: LanzaTech management
Note: Adjusted EBITDA adds back stock-based compensation and includes Lanza Tech's share of LanzaJet's Net Income.
¹ Includes project start revenue, Grants & JDA revenue, dividends and Lanza Tech's share of LanzaJet's Net Income. 2 Includes recurring revenue and CarbonSmart™ revenue ³ This projected financial information is preliminary. See "Preliminary Financial
Information" above. See also "Non-GAAP Reconciliations" for a reconciliation of these non-GAAP financial measures to their most directly comparable financial measures calculated in accordance with GAAP.
39
LanzaTech
36 %
$208
2025E
$426
2026E
44%
$ 403
2026E
95%View entire presentation