NASDAQ$AMTX

Aemetis Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Aemetis's financial performance increased slightly compared to the same period last year, with revenue growth driven by increased ethanol sales.

Aemetis reported a revenue increase for Q4 2023, driven by higher ethanol sales, but faced increased costs of goods sold and operating losses. The company made significant progress in its carbon intensity reduction and production expansion projects.

  • Revenues increased to $70.8 million, up from $66.7 million in Q4 2022.
  • Ethanol gallons sold increased to 15 million gallons from 13.4 million gallons in Q4 2022.
  • Operating loss was $9.0 million, slightly higher than the $8.7 million loss in Q4 2022.
  • Net loss was $25.4 million, compared to a net loss of $22.4 million for the same period in 2022.

Headline financials

Total Revenue

$70.8M

Previous: $66.7M+6.0%
EPS (adj)

-$0.64

Previous: -$0.63-1.6%
Ethanol Gallons Sold

15.0M

No prior period
Average Sales Price/Gallon

$2.20

No prior period
Percent of Nameplate Capacity (Ethanol)

109.0%

No prior period
WDG Tons Sold

102.6K

No prior period
Average Sales Price/Ton (WDG)

$97.00

No prior period
Bushels Ground (Corn)

5.2M

No prior period
Average Delivered Cost/Bushel (Corn)

$6.70

No prior period
MMBtu Sold (Renewable Natural Gas)

52.2K

No prior period
Average Price Per MMBtu

$5.03

No prior period
MMBtu Available to Dispense

68.0K

No prior period
RINs Sold

1.1M

No prior period
Average Price Per RIN

$3.30

No prior period
Biodiesel Metric Tons Sold

18.3K

No prior period
Average Sales Price/Metric Ton (Biodiesel)

$1.16K

No prior period
Percent of Nameplate Capacity (Biodiesel)

49.0%

No prior period
Refined Glycerin Metric Tons Sold

1.3K

No prior period
Average Sales Price/Metric Ton (Glycerin)

$616.00

No prior period
Capital Expenditures

$14.5M

Previous: $10.2M+42.0%
Net Income

-$25.4M

Previous: -$22.4M-13.3%
Operating Income

-$9M

Previous: -$8.69M-3.5%
Gross Profit

$864K

Previous: -$1.13M+176.3%
R&D Expense

$37K

No prior period
Stock-Based Comp

$1.44M

Previous: $1.48M-2.6%

Revenue & EPS history

Aemetis · Revenue · Quarterly

$70.8M

Q4 2023+6%vs Q4 2022
Beat estimate in 3 of 15 quarters(20%)
ActualEstimate

Revenue by segment

Aemetis · $42.8M total across 1 segment · Q1 2021

  • California Ethanol
    $42.8M+74.8%

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 Q4 2023

Historical avgQ4 2023

-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

Earnings price reactions
QuarterReport dateReaction (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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro