Archaea Energy Inc. Reports Fourth Quarter and Full Year 2021 Results and Provides Full Year 2022 Guidance
Archaea Energy Inc. ("Archaea," "the Company," or "we") (NYSE:LFG), an industry-leading renewable natural gas ("RNG") company, today announced preliminary1 financial and operating results for the fourth quarter and pro forma full year 2021.
FINANCIAL HIGHLIGHTS
Revenue of $58.4 million and net equity investment income of $4.8 million for the three months ended December 31, 2021, and pro forma2 revenue of $205.8 million and net equity investment income of $18.0 million for the twelve months ended December 31, 2021.
Net income3 of $3.7 million for the three months ended December 31, 2021 and a pro forma net loss of $77.4 million for the twelve months ended December 31, 2021.
Adjusted E