Renewable energy firm Aemetis' Q3 revenue misses estimates

Aemetis

06/11/2025 13:13

Overview

Aemetis Q3 revenue of $59.2 mln misses analyst expectations

Net loss for Q3 widens to $23.7 mln, missing analyst estimates

Company signs $30 mln MVR system deal to boost cash flow by $32 mln annually

Outlook

Aemetis expects MVR system to add $32 mln to annual cash flow

Company plans to sell $20 mln of tax credits

Aemetis' India subsidiary targets IPO in 2026

Result Drivers

INDIA ORDERS - Revenue increase driven by orders from India Oil Marketing Companies and stronger ethanol prices/volumes

BIOGAS CONTRIBUTION - 12 operating digesters generated 114,000 MMBtu and $4 M revenue

MVR SYSTEM INVESTMENT - Agreement to build $30 mln MVR system expected to increase cash flow by $32 mln annually

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$59.19 mln
$90.90 mln (5 Analysts)
Q3 Net Income
Miss
-$23.75 mln
-$13.50 mln (5 Analysts)
Q3 Operating Income
Miss
-$8.51 mln
$3.29 mln (5 Analysts)
Q3 Pretax Profit
Miss
-$23.74 mln
-$11.60 mln (5 Analysts)
Q3 Gross Profit
-$58,000


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the renewable fuels peer group is "hold."

Wall Street's median 12-month price target for Aemetis Inc is $3.00, about 31.3% above its November 5 closing price of $2.06

Press Release: ID:nGNX2bd3Bj

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)