Aemetis Q1 revenue falls 41% to $42.9M; net loss $24.5M; India biodiesel LOIs $31M

AEMETIS, INC

2025-Q1 EPS reported -$0.47 revenue$42,886,000

Revenue of $42.9M vs $72.6M YoY, driven by India OMC contract delays; Keyes ethanol plant revenue up $1.7M on higher prices.
Net loss $24.5M vs $24.2M YoY; operating loss $15.6M vs $9.5M; gross loss $5.1M vs $0.6M.
Dairy RNG sales rose 10,100 MMBtu to 70,900 MMBtu; sold $19.0M investment tax credits for cash in Q1.
India Biodiesel received letters of intent for $31M in sales for May-July 2025 after contract pause.
Cash at quarter end $500K vs $900K in Q4 2024; debt repayments of $15.4M and capex of $1.8M.

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