<span item_type="fundamental" item_id="802168197fbdcb12a8f2c69dd743c336" counter_id="ST/US/LNZA" env="prod"></span><span item_type="announcement" item_id="584625500638944001" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 9.279 M, missing the estimate of USD 10.2 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.99, beating the estimate of USD -12.42.</p><p>EBIT: As of FY2025 Q3, the actual value is USD -15.97 M.</p><p></p><h3>Segment Revenue</h3><ul><li>Total revenue for the third quarter of 2025 was $9.3 million, a decrease from $9.9 million in the third quarter of 2024. This decline was primarily due to reductions in Joint Development Agreements (JDA) business and a decrease in engineering and other services, partially offset by growth in CarbonSmart™ revenue.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>Engineering and other services revenue was $4.0 million in Q3 2025, down from $4.9 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>JDA and contract research revenue was $1.2 million in Q3 2025, compared to $1.8 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>CarbonSmart revenue increased to $3.0 million in Q3 2025 from $2.2 million in Q3 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li>Net income for Q3 2025 was $2.9 million, compared to a net loss of $57.4 million in Q3 2024, primarily due to a $38.1 million non-cash gain on financial instruments and reduced operating expenses.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>Operating expenses decreased to $18.0 million in Q3 2025 from $34.8 million in Q3 2024, driven by a $3.0 million reduction in personnel and contractor expenses related to R&amp;D projects.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>Adjusted EBITDA loss was $13.5 million in Q3 2025, down from $27.1 million in Q3 2024, due to lower selling, general, and administrative expenses and cost optimization efforts.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash used in operating activities for the nine months ended September 30, 2025 was - $58.7 million, compared to - $69.4 million for the same period in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>Net cash provided by investing activities was $11.4 million for the nine months ended September 30, 2025, compared to $14.1 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>Net cash provided by financing activities was $25.6 million for the nine months ended September 30, 2025, compared to $40.2 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>LanzaTech was awarded a €40 million grant from the EU Innovation Fund for an integrated CCUS facility in Norway, expected to produce 23.5 kt of ethanol per year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li></ul><h3>Outlook / Guidance</h3><ul><li>LanzaTech’s management emphasized a focus on strategic transformation and the growing demand for sustainable aviation fuel (SAF) as a key opportunity for the company.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>The company aims to strengthen its position and regain momentum by aligning its structure to market realities and focusing on high-value paths.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li><li>The success of SAF production is contingent upon obtaining necessary capital to focus on this opportunity more directly.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1843724/000162828025053237/ex991lnzapressrelease_9302.htm"></span></li></ul>

LanzaTech Global | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 9.279 M