Lanzatech Global vs Tantech Holdings
Lanzatech Global is the larger business, with $55.8m of revenue in fiscal 2025 against $38.4m for Tantech Holdings (1.5 times as much). Lanzatech Global grew faster (12.6% against -10.7%). Tantech Holdings kept more of each dollar of sales as profit: a net margin of -80.9% against -87.7%.
| Latest fiscal year | Lanzatech GlobalLNZA, 2025 | Tantech HoldingsTANH, 2025 |
|---|---|---|
| Revenue | $55.8m | $38.4m |
| Revenue growth | 12.6% | -10.7% |
| Net income | −$49.0m | −$31.0m |
| Operating margin | -141.7% | -31.8% |
| Net margin | -87.7% | -80.9% |
| Return on equity | — | -25.7% |
| Free cash flow | −$66.1m | −$5.8m |
| Cash | $13.2m | $33.0m |
| Total debt | $0 | — |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $0 | — |
| Employees | — | — |
| Market value | $65.4m | $31.7m |
| Price vs our value range | — | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 2 buys, 0 sales | 0 buys, 0 sales |