Aemetis reports Q1 revenue $72.6M, up from $2.2M; net loss $24.2M vs $26.4M

AEMETIS, INC

2024-Q1 EPS reported -$0.58 revenue$72,634,000

Revenue $72.6M (Q1 2023: $2.2M) driven by Keyes plant restart and dairy RNG + India biodiesel.
Dairy RNG segment $3.8M revenue, first LCFS credit sales, 60,300 MMBtu from eight digesters.
Riverbank SAF project received final Air permits for 78M gallon/year facility; $200M EB-5 funding at ~3% interest.
Cash $1.6M at Q1 end vs $2.7M at Q4 2023; capex $3.6M on carbon reduction and dairy digesters.
Net loss $24.2M vs $26.4M; operating loss $9.5M vs $12.1M.

item 2.02 item 7.01 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 the three months ended March 31, 2024 results: revenue $72.6 million, net income Net loss was $24.2 million.

Period: the three months ended March 31, 2024
Revenue: $72.6 million
Net income: Net loss was $24.2 million
Result: reported results

Exact text from the filing

intensity products that replace fossil fuels, today announced its financial results for the three months ended March 31, 2024. “Revenues during the first quarter of 2024 of $72.6 million reflect strong execution by all three of our operating segments with revenues of $36.1 million from California Ethanol, $32.7 million from India Biodiesel and $3.8 million from

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Source: SEC EDGAR

accession 0001437749-24-015475

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