NASDAQ$AMTX
Aemetis Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported financial results with revenue decreasing due to lower ethanol prices and biodiesel bidding delays in India, but biogas project achieved milestones.
Aemetis, Inc. reported a decrease in revenue to $40.9 million compared to $57.4 million in the third quarter of 2019. The company experienced a net loss of $12.2 million, or $0.59 per share. The Aemetis Biogas team completed the first phase of its dairy digester cluster project.
- Ethanol and high-grade alcohol gallons sold increased 11% compared to the second quarter of 2020.
- Biodiesel metric tons sold increased 216% compared to the second quarter of 2020.
- Revenues were $40.9 million during the third quarter.
- Net Loss was $12.2 million ($0.59 per share).
Headline financials
Revenue & EPS history
Aemetis · Revenue · Quarterly
$40.9M
Revenue by segment
Aemetis · $7.3M total across 1 segment · Q3 2020
- India Biodiesel$7.3M—100.0%
Forward guidance
Aemetis expects revenue growth in India during 2021 due to participation in a $900 million India government oil marketing company request to purchase biodiesel.
Tailwinds
- Expected revenue growth in India during 2021.
- Aemetis Biogas project is expected to be fully completed within about 18 months.
- Aemetis will be able to inject dairy renewable natural gas into the common carrier pipeline in 2021.
- Aemetis will utilize an onsite renewable compressed natural gas fueling station in 2021.
- Sales of new sanitizer products are planned to be supported by production of United States Pharmacopeia medical grade alcohol beginning in the first half of 2021.
Headwinds
- Softened demand for high grade alcohol for sanitizer production during the third quarter of 2020.
- Lower ethanol prices impacted revenue.
- Delays in the India government oil marketing companies biodiesel bidding process impacted revenue.
- Operating loss increased to $3.8 million for the third quarter of 2020.
- Cash at the end of the third quarter of 2020 was $79 thousand, compared to $656 thousand at the end of 2019.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-3.5%
Avg return
Earnings day
-3.2%
Avg return
5 days after
-2.6%
Avg return
30 days after
32%
20 / 62 earnings
Positive
+29.3%
Q4 2020
Best reaction
-37.5%
Q2 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.0% | -30.2% | -30.6% | |
| Q4 2025 | +25.5% | +77.3% | +47.4% | |
| Q3 2025 | -13.2% | +4.9% | -26.2% | |
| Q1 2025 | +7.1% | +16.2% | +50.0% | |
| Q4 2024 | -6.1% | +11.3% | -9.3% | |
| Q3 2024 | +15.0% | +6.7% | -15.0% | |
| Q2 2024 | -22.4% | -17.8% | -23.4% | |
| Q1 2024 | -3.4% | -1.4% | -25.1% | |
| Q4 2023 | +1.2% | -3.0% | +57.2% | |
| Q3 2023 | -1.3% | +0.2% | -0.7% | |
| Q2 2023 | +9.5% | +4.8% | -28.3% | |
| Q1 2023 | -13.8% | -11.1% | +126.7% | |
| Q4 2022 | -23.6% | -21.3% | -42.1% | |
| Q3 2022 | -0.6% | -7.6% | -19.3% | |
| Q2 2022 | +29.2% | +29.1% | +6.7% | |
| Q1 2022 | +9.3% | +17.1% | +4.3% | |
| Q4 2021 | -7.2% | -27.1% | -18.6% | |
| Q3 2021 | +3.3% | -4.0% | -14.9% | |
| Q2 2021 | +4.0% | -6.0% | +40.4% | |
| Q1 2021 | -27.5% | -18.2% | +13.8% | |
| Q4 2020 | +29.3% | +14.3% | +62.0% | |
| Q3 2020 | -36.7% | -36.1% | -35.5% | |
| Q2 2020 | -26.6% | -8.4% | -36.2% | |
| Q1 2020 | +6.9% | +11.4% | +15.0% | |
| Q4 2019 | -8.1% | -30.9% | -15.5% | |
| Q3 2019 | -2.9% | -7.8% | -1.9% | |
| Q2 2019 | -4.1% | -6.3% | -17.3% | |
| Q1 2019 | -14.6% | -10.8% | -32.3% | |
| Q4 2018 | -0.3% | -5.9% | -7.1% | |
| Q3 2018 | -4.0% | -5.9% | -25.6% | |
| Q2 2018 | -8.1% | -7.4% | -10.3% | |
| Q1 2018 | -0.5% | -2.7% | -20.7% | |
| Q4 2017 | -21.5% | -17.0% | -11.0% | |
| Q3 2017 | -3.9% | -8.9% | -12.6% | |
| Q2 2017 | +2.6% | +0.7% | -21.1% | |
| Q1 2017 | -8.8% | -11.6% | +6.1% | |
| Q4 2016 | -0.8% | +0.0% | +0.7% | |
| Q3 2016 | +11.8% | +0.6% | +0.2% | |
| Q2 2016 | +0.0% | -12.4% | -30.6% | |
| Q1 2016 | +6.2% | — | — | |
| Q4 2015 | -5.6% | — | — | |
| Q3 2015 | +2.3% | — | — | |
| Q2 2015 | -1.5% | — | — | |
| Q1 2015 | -8.0% | — | — | |
| Q4 2014 | -9.4% | — | — | |
| Q3 2014 | -14.3% | — | — | |
| Q2 2014 | -14.7% | — | — | |
| Q1 2014 | +23.7% | — | — | |
| Q4 2013 | +10.5% | — | — | |
| Q3 2013 | -20.0% | — | — | |
| Q2 2013 | -7.4% | — | — | |
| Q1 2013 | -6.1% | — | — | |
| Q4 2012 | -6.1% | — | — | |
| Q3 2011 | -5.8% | — | — | |
| Q2 2012 | -12.5% | — | — | |
| Q3 2012 | -12.5% | — | — | |
| Q2 2011 | +12.5% | — | — | |
| Q1 2011 | -7.7% | — | — | |
| Q4 2010 | +7.1% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q2 2010 | -37.5% | — | — | |
| Q1 2010 | +0.0% | — | — |
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