Quarterly ResultMay 7, 2026, 08:58 AM
Aemetis Q1 Revenue $54.6M, Gross Profit Positive, Net Loss Narrows
AI Summary
Aemetis, Inc. reported a significant increase in Q1 2026 revenues, up 27% to $54.6 million, and achieved a positive gross profit of $2.8 million compared to a loss in the prior year. The company also narrowed its net loss to $21.7 million from $24.5 million year-over-year. Despite these improvements, the company faces substantial financial obligations, with total debt increasing to $404.7 million and a significant portion, $342.6 million, due within the next twelve months. The company also obtained a waiver for a debt covenant violation.
Key Highlights
- Revenue increased 27.36% to $54.6 million in Q1 2026 from $42.9 million.
- Gross profit turned positive to $2.8 million in Q1 2026 from a $(5.1) million loss.
- Net loss narrowed to $(21.7) million in Q1 2026 from $(24.5) million.
- Basic net loss per share improved to $(0.33) from $(0.47) year-over-year.
- Total debt increased to $404.7 million as of March 31, 2026.
- $342.6 million of debt repayments are due by March 31, 2027.
- Net cash used in operating activities was $(10.6) million in Q1 2026.
- Construction in progress grew to $62.8 million from $57.0 million.
Price Impact
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