Aemetis Q2 revenue $65.9M (+20% YoY); net loss narrows to $209K vs $10.6M

AEMETIS, INC

2022-Q2 EPS reported -$0.54 revenue$117,950,000

Revenue $65.9M vs $54.9M Q2 2021; ethanol price $3.13/gal vs $2.78/gal.
Gross loss $214K vs $3.6M gross profit; corn cost $10.21/bushel (+27% YoY).
Operating loss $7.7M vs $2.1M; net loss $209K improved on $14.2M USDA grant and $1.4M litigation reserve release.
Closed two low-interest credit facilities totaling up to $100M for carbon reduction projects.
Signed $3.5B SAF off-take agreements; Riverbank site operational for jet/diesel plant.

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