Aemetis Q1 2022 revenue $52M (+22% YoY); net loss $18.3M vs $18.1M

AEMETIS, INC

2022-Q1 EPS reported -$0.54 revenue$52,049,000

Revenue $52.0M, up 22% from $42.8M Q1 2021; average ethanol price $2.58/gal.
Gross loss improved to $3.1M from $3.6M; operating loss widened to $10.4M from $9.0M.
Net loss $18.3M vs $18.1M; cash $5.5M down from $7.8M at Q4 2021.
Signed $3.5B SAF off-take agreements and $3.2B renewable diesel contracts; RNG project advanced with 20-mile pipeline.
Closed credit facilities up to $100M for carbon reduction projects and jet/diesel plant.

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