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Sep 30, 2021
Aemetis Q3 2021 Earnings Report
Reported financial results for the three and nine months ended September 30, 2021.
Key Takeaways
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.
Revenues from North America sales increased 50.4% compared to Q3 2020.
North America revenues increased to $49.8 million compared to $33.1 million in Q3 2020.
Capital expenditures for ultra-low carbon projects were $18.8 million for the first nine months of 2021.
A reserve of $5.3 million was established for California emissions compliance for the Keyes ethanol plant in September.