Alto Ingredients, Inc. Q3 FY25 Results

“Our 2025 initiatives to target high-return market segments, boost operational efficiency and achieve cost savings have strengthened our financial position. “In the third quarter of 2025, we delivered robust improvements in all of our business segments, reflecting increased renewable fuel export sales, greater demand for liquid CO2, and the continued positive effects of our cost reduction efforts, including rationalizing unprofitable business activities. Gross profit was $23 million, increasing $18 million; net income was $14 million, improving $17 million; and Adjusted EBITDA was $21 million, growing $9 million, compared to the third quarter of 2024. “We continue to adjust our product mix to manage evolving market conditions while prioritizing projects based on cost, timing and ROI. Our 2025 Carbonic acquisition and related investments are expanding our CO2 utilization to capture the growing demand for premium liquid CO2. We have also increased our fuel ethanol production and sales volumes in response to higher export demand and better pricing. We remain confident in our ability to generate Section 45Z tax credits on domestic renewable fuel sales, and we are evaluating additional methods of lowering our carbon intensity to further boost tax credit values. Our disciplined approach and focus on near-term, high-return initiatives continue to drive incremental profitability and position us for growth and improved performance.”