Alto Ingredients, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $917.9M | $965.3M | $1.22B | $1.34B | $1.21B | $897.0M | $1.42B | $1.52B |
| Pekin Production | $591.5M | $586.3M | $721.3M | $748.4M | $688.9M | — | — | — |
| Western Production | $100.6M | $152.2M | $224.4M | $343.8M | $140.0M | — | — | — |
| Marketing and Distribution | $231.1M | $227.4M | $274.6M | $241.3M | $391.2M | — | — | — |
| Corporate and Other | $7.4M | $11.4M | $15.8M | $15.8M | $0 | — | — | — |
| Eliminations | $-12.6M | $-12.0M | $-13.2M | $-13.7M | $-12.2M | — | — | — |
| Cost of Revenue | $883.0M | $955.5M | $1.21B | $1.36B | $1.14B | $844.2M | $1.43B | $1.53B |
| Gross Profit | $34.9M | $9.7M | $15.7M | $-27.6M | $67.8M | $52.9M | $-9.9M | $-15.2M |
| Gross Margin | 3.8% | 1.0% | 1.3% | -2.1% | 5.6% | 5.9% | -0.7% | -1.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $27.2M | $29.7M | $29.9M | $28.1M | $29.2M | $32.0M | $35.5M | $36.4M |
| Operating Income | $7.4M | $-51.7M | $-23.8M | $-61.4M | $40.1M | $9.9M | $-74.7M | $-51.5M |
| Operating Margin | 0.8% | -5.4% | -2.0% | -4.6% | 3.3% | 1.1% | -5.2% | -3.4% |
| Interest Expense | — | — | $7.4M | $1.8M | $3.6M | $17.9M | $20.2M | $17.1M |
| Pretax Income | $12.7M | $-58.8M | $-27.9M | $-39.7M | $47.6M | $-17.3M | $-101.3M | $-68.5M |
| Income Tax Expense | $-621.0K | $173.0K | $97.0K | $1.9M | $1.5M | $-17.0K | $-20.0K | $-562.0K |
| Net Income | $13.3M | $-59.0M | $-28.0M | $-41.6M | $46.1M | $-15.1M | $-88.9M | $-60.3M |
| Net Margin | 1.5% | -6.1% | -2.3% | -3.1% | 3.8% | -1.7% | -6.2% | -4.0% |
| EPS (Basic) | $0.16 | $-0.82 | $-0.40 | $-0.60 | $0.62 | $-0.28 | $-1.90 | $0.00 |
| EPS (Diluted) | $0.16 | $-0.82 | $-0.40 | $-0.60 | $0.61 | $-0.28 | $-1.90 | $0.00 |
| Shares Outstanding (Basic) | 74.5M | 73.5M | 73.3M | 71.9M | 71.1M | 58.6M | 47.4M | 47.4M |
| Shares Outstanding (Diluted) | 75.7M | 73.5M | 73.3M | 71.9M | 72.2M | 58.6M | 47.4M | 47.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |