Aemetis Q3 2024 revenues up 19% YoY to $81.4M; net loss widens to $17.9M

AEMETIS, INC

2024-Q3 EPS reported -$1.60 revenue$220,636,000

Net loss of $17.9M vs net income of $30.7M in Q3 2023; operating loss improved to $3.9M from $8.5M.
Nine-month 2024 revenues $220.6M (up 90% YoY) but net loss $71.3M vs $21.0M loss in prior period.
California Ethanol revenue $45.0M (15.5M gal); India Biodiesel $32.2M; Dairy RNG $4.2M (85,993 MMBtu).
Cash at Sept 30, 2024 was $296K, down from $2.7M at Dec 31, 2023; capital investments $4.5M in Q3.
CEO notes CARB approval of 20-year LCFS mandates and India subsidiary CEO appointment toward IPO.

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