earnings
confidence high
sentiment negative
materiality 0.70
Aemetis Q3 revenue up 44% to $71.8M; net loss $69.8M includes $53.9M redemption charge
AEMETIS, INC
2022-Q3 EPS reported
-$2.49
revenue$189,781,000
- Revenue $71.8M (+44% YoY); ethanol sales 15.7M gal; India biodiesel $11M in ~2 weeks.
- Adjusted EPS $(0.46) excluding $53.9M unitholder redemption charge; GAAP EPS $(2.01).
- Operating loss $7.6M vs $9.9M YoY; gross loss $1.1M improved from $4.8M.
- Capital investments $13.7M in Q3; cash $251K at Sept 30 vs $7.8M at Dec 2021.
- Biogas RNG project on track for Q1 2023 in-service; $25M USDA-backed financing closed.