Aemetis reports Q3 net income $30.7M on $55.2M IRA tax credit sale; revenue down 4%

AEMETIS, INC

2023-Q3 EPS reported -$0.56 revenue$115,953,000

Basic EPS $0.79 vs ($1.78) loss in Q3 2022; includes $55.2M cash from IRA tax credits.
Revenue $68.7M, down 4% YoY; India biodiesel volume up 121% to 15.5K metric tons.
Keyes ethanol plant restarted; corn price improved to $7.48/bushel from $9.59.
Cash $3.9M at Q3 end; capital projects $8.8M in Q3, $18.6M YTD.
Received $150M one-year biodiesel supply allocation from India OMCs starting Oct 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AEMETIS, INC reported three and nine months ended September 30, 2023 results: revenue Revenues of $68.7 million for the third quarter of 2023, net income Net income of $30.7 million, EPS Basic earnings per share (EPS) was $0.79.

Period: three and nine months ended September 30, 2023
Revenue: Revenues of $68.7 million for the third quarter of 2023
Net income: Net income of $30.7 million
EPS: Basic earnings per share (EPS) was $0.79
Result: reported results

Exact text from the filing

Aemetis Reports Third Quarter 2023 Financial Results Reports Net Income of $30.7 million and Basic EPS of $0.79

View on SEC.gov

Browse all earnings releases →

AEMETIS, INC filing history →

Source: SEC EDGAR

accession 0001437749-23-031144

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.