AEMETIS, INC
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $197.6M | $267.6M | $77.2M | $28.1M | $211.9M | $165.6M | $202.0M | $171.5M |
| Cost of Revenue | $208.7M | $268.2M | $184.7M | $262.0M | $204.0M | $154.5M | $189.3M | $166.1M |
| Gross Profit | $-768.0K | $-580.0K | $2.0M | $-5.5M | $7.9M | $11.0M | $12.7M | $5.4M |
| Gross Margin | -0.4% | -0.2% | 2.6% | -19.7% | 3.7% | 6.7% | 6.3% | 3.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | $152.0K | $180.0K | $88.0K | $213.0K | $205.0K | $246.0K |
| SG&A Expense | $36.5M | $39.8M | $39.4M | $28.7M | $23.7M | $16.9M | $17.4M | $16.1M |
| Operating Income | $-37.2M | $-40.4M | $-37.4M | $-34.4M | $-15.8M | $-6.1M | $-4.9M | $-10.9M |
| Operating Margin | -18.8% | -15.1% | -48.5% | -122.4% | -7.5% | -3.7% | -2.4% | -6.4% |
| Interest Expense | $52.9M | $46.6M | $39.5M | $28.8M | $24.1M | $22.9M | $21.1M | $25.7M |
| Pretax Income | $-95.7M | $-98.4M | $-100.2M | $-106.7M | $-47.3M | $0 | $0 | $-36.3M |
| Income Tax Expense | $-18.7M | $-10.8M | $-53.7M | $1.1M | $-128.0K | $-976.0K | $1.1M | $7.0K |
| Net Income | $-77.0M | $-87.5M | $-46.4M | $-107.8M | $-47.1M | $-36.7M | $-39.5M | $-36.3M |
| Net Margin | -39.0% | -32.7% | -60.1% | -383.3% | -22.2% | -22.1% | -19.5% | -21.2% |
| EPS (Basic) | $-1.28 | $-1.91 | $-1.22 | $-3.12 | $-1.54 | $-1.74 | $-1.75 | $0.00 |
| EPS (Diluted) | $-1.28 | $-1.91 | $-1.22 | $-3.12 | $-1.54 | $-1.74 | $-1.75 | $0.00 |
| Shares Outstanding (Basic) | 60.0M | 45.9M | 38.1M | 34.6M | 30.7M | 21.0M | 20.5M | 20.5M |
| Shares Outstanding (Diluted) | 60.0M | 45.9M | 38.1M | 34.6M | 30.7M | 21.0M | 20.5M | 20.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |