Aemetis Earnings Reports

Aemetis reported revenues of $81.4 million for Q3 2024, a 19% increase compared to Q3 2023. The company experienced revenue growth across all three operating segments: California Ethanol, India Biodiesel, and Dairy Renewable Natural Gas.

Aemetis reported revenues of $66.6 million for Q2 2024, a 48% increase compared to Q2 2023. The company experienced a gross loss of $1.8 million and a net loss of $29.2 million. The California Ethanol, India Biodiesel, and Dairy Renewable Natural Gas businesses contributed $40.1 million, $28.8 million, and $1.6 million in revenues, respectively.

Aemetis reported Q1 2024 revenues of $72.6 million, a significant increase from $2.2 million in Q1 2023. The company experienced a net loss of $24.2 million, improved from a net loss of $26.4 million in the same period last year. Key developments include the first sale of LCFS credits by the Dairy RNG business and the receipt of final air permits for the Riverbank Sustainable Aviation Fuel project.

Aemetis reported a revenue increase for Q4 2023, driven by higher ethanol sales, but faced increased costs of goods sold and operating losses. The company made significant progress in its carbon intensity reduction and production expansion projects.

Aemetis reported a net income of $30.7 million for Q3 2023, driven by $55.2 million in cash proceeds from the sale of Inflation Reduction Act investment tax credits related to the Aemetis Biogas assets. Revenues for the quarter were $68.7 million, reflecting contributions from the India Biodiesel segment and the restart of the Keyes ethanol plant.

Aemetis reported Q2 2023 revenues of $45.1 million, with a net loss of $25.3 million. The India Biodiesel segment contributed $33.6 million in sales. The Keyes plant restarted in late May after maintenance and efficiency upgrades.

Aemetis reported a decrease in revenue to $2.2 million due to the idling of the Keyes plant and an extended maintenance cycle. The company focused on energy efficiency upgrades and the commissioning of dairy digesters and RNG facilities. Net loss was $26.4 million, impacted by increased expenses and accretion of preference payments.

Aemetis reported Q4 2022 revenues of $66.7 million, a slight increase compared to $64.4 million in Q4 2021. The company experienced a gross loss of $1.1 million, a significant shift from the $12.7 million gross profit in the same period last year, primarily due to higher corn prices. Net loss for the quarter was $22.4 million, compared to a net loss of $881 thousand in Q4 2021.

Aemetis reported a 44% increase in revenue compared to Q3 2021. The company's EPS was $(0.46), excluding unitholder redemption charge related to Biogas Series A Preferred Unit Investor. The India biodiesel plant began shipments and generated $11 million of revenues.

Aemetis reported a 20% increase in revenue for Q2 2022 compared to Q2 2021, reaching $65.9 million. The increase was driven by higher ethanol prices, but the company faced increased costs for delivered corn. The company reported a net loss of $209,000, improved from a net loss of $10.6 million in Q2 2021. Capital investments in carbon reduction projects totaled $12.1 million for the quarter.

Aemetis reported a 22% increase in revenue compared to Q1 2021, driven by higher ethanol prices. The company also made significant progress on its capital projects and secured substantial off-take agreements for sustainable aviation fuel and renewable diesel.

Aemetis, Inc. reported a revenue increase of 28% year over year. The company acquired property for carbon intensity reduction projects worth $30.5 million, and closed two credit facilities with an aggregate availability of up to $100 million.

Aemetis, Inc. reported a revenue increase of $49.9 million for the third quarter of 2021, compared to $40.9 million for the third quarter of 2020. However, the company experienced a gross loss of $4.8 million, and a net loss of $17.6 million for the quarter.

Aemetis, Inc. reported a revenue increase for Q2 2021 compared to Q2 2020, driven by higher ethanol sales prices. However, the company experienced a net loss due to increased corn prices and other factors.

Aemetis, Inc. reported an increase in revenues to $42.8 million for Q1 2021, compared to $39.5 million for Q1 2020. However, the company experienced a net loss of $18.1 million, compared to a net loss of $12.1 million for the same period in 2020.

Aemetis reported a decrease in revenue for Q4 2020, primarily due to delays in India biodiesel tender process and temporarily lower ethanol production in North America. The company faced a gross loss due to decreased ethanol prices and increased corn costs. Despite challenges, Aemetis focused on carbon intensity reduction projects and made progress towards the Carbon Zero integrated biorefinery.

Aemetis, Inc. reported a decrease in revenue to $40.9 million compared to $57.4 million in the third quarter of 2019. The company experienced a net loss of $12.2 million, or $0.59 per share. The Aemetis Biogas team completed the first phase of its dairy digester cluster project.

Aemetis reported a net loss for Q2 2020, with revenues significantly impacted by the COVID-19 pandemic's effect on demand and pricing. The company focused on cost reduction and operational improvements to mitigate the financial challenges.

Aemetis reported revenues of $39.5 million and a net loss of $12.1 million for the first quarter of 2020. The company continued to make progress on carbon reduction and revenue expansion projects despite challenges related to Covid-19 restrictions.

Aemetis reported a revenue increase to $52.1 million for Q4 2019, compared to $38.8 million for Q4 2018. The company achieved a gross profit of $5.8 million, a significant improvement from the gross loss of $1.9 million in the same period of the previous year. Operating profit was $1.0 million, compared to an operating loss of $6.7 million for the fourth quarter of 2018.