Aemetis FY2024 revenue $268M (+43% YoY); net loss more than doubles to $87.5M

AEMETIS, INC

Annual revenues grew 43% to $268M driven by all segments: ethanol +55%, India biodiesel +20%, biogas +139%.
Net loss for 2024 was $87.5M vs $46.4M in 2023; operating loss $40.4M and interest expense $46.6M.
Q4 2024 revenue $47M (down from $70.8M); gross loss $2.0M vs gross profit $864K in Q4 2023.
Cash at year-end $898K; $20.3M capex for low-carbon initiatives; sold $12.3M tax credits in Q4.
Biogas production capacity increased 80% to 550K MMBtu/yr; achieved 45Z tax credit eligibility in Jan 2025.

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