earnings
confidence high
sentiment neutral
materiality 0.75
Aemetis Q4 2025 net loss narrows to $5.3M; biogas net income $12.2M, dairy RNG up 61% YoY
AEMETIS, INC
- Q4 2025 revenue + PTCs $53.7M, up from $47.0M YoY; full-year $208.0M vs $268M (lower ethanol/India biodiesel).
- Dairy RNG segment net income $12.2M in Q4; full-year segment net income $6.9M; production +61% YoY.
- Net loss $5.3M in Q4 vs $16.2M YoY; full-year net loss $77.0M vs $87.5M; cash $4.9M vs $0.9M year-end 2024.
- Ethanol MVR upgrade expected to increase annual cash flow from operations by ~$32M after completion in 2026.
- India subsidiary appointed new CFO with IPO experience; targeting public listing in 2026.