Aemetis Q4 2022 Earnings Report
Key Takeaways
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.
Revenues for Q4 2022 increased to $66.7 million, compared to $64.4 million for the fourth quarter of 2021.
Gross loss for the fourth quarter of 2022 was $1.1 million, compared to a gross profit of $12.7 million during the same period in 2021.
Operating loss was $8.7 million for the fourth quarter of 2022, compared to an operating profit of $5.2 million during the fourth quarter of 2021.
Net loss was $22.4 million for the fourth quarter of 2022, compared to a net loss of $881 thousand for the fourth quarter of 2021.