Lanzatech Global (LNZA) Corporate presentation summary

Financial performance and cost discipline

• Achieved $56M revenue in 2025 from existing operations, with higher revenue projected for 2026 due to a robust project pipeline.

• Operating expenses reduced by approximately 50% in 2025, with a permanent cost reset to a ~$45M fixed base.

• No additional capital raise needed after securing $50M in 2026; balance sheet de-risked and capital structure simplified.

• Achieved cash-flow breakeven path driven by project execution and commercial scaling.

Commercial operations and global footprint

• Six commercial plants operating globally, producing 150M gallons of ethanol annually from steel and ferroalloy emissions.

• Facilities located in China, Belgium, and India, with notable partners such as ArcelorMittal and IndianOil.

• First ethanol-to-jet plant online with 10M gallons/year capacity, scalable to over 100B gallons using industrial emissions.

Revenue model and value creation

• Predictable licensing revenue model with capital-light, project-driven cash flow and staged cash conversion.

• Revenue streams include project services, technology licensing, proprietary equipment sales, and direct participation in asset economics.

• Recurring, production-linked revenue and exposure to commodity pricing and carbon markets.