Filing Flows › Aemetis (AMTX) › Q1 2025
Aemetis (AMTX) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Aemetis (AMTX) reported revenue of $42.9M for the first quarter 2025 (Q1 2025), -41% from a year earlier and -9% from the quarter before. Operating margin was -36.3%, net loss $24.5M (57.2% of revenue).
Aemetis, Q1 2025: revenue $42.9M (-41% year over year), operating margin -36.3%, net loss $24.5M, operating cash flow $160K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $42.9M | -9% | -41% |
| Operating profit | −$15.6M | — | — |
| Net earnings | −$24.5M | — | — |
| Operating cash flow | $160K | — | — |
What changed
Revenue was $42.9M in Q1 2025, down 41% year over year and down 9% from the previous quarter. California Ethanol was the largest line at 88% of revenue. India Biodiesel lost $30.1M year over year (down 92%), 101% of the total change.
Operating costs exceeded revenue by $15.6M, an operating margin of -36.3%. Total costs fell 29% while revenue fell 41%. The fastest-growing cost line was SG&A (+18%). The quarter ended with a net loss of $24.5M, wider than the previous quarter's $16.2M loss. Net interest and other expense of $15.8M was the main reason.
Operating cash flow was $160K. Non-cash charges added back $2.4M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items added $20.0M. Capital expenditures of $1.8M exceeded it, leaving free cash flow of −$1.7M.
Questions
What was Aemetis' revenue in the first quarter 2025?
Aemetis (AMTX) reported revenue of $42.9M for the first quarter 2025 (Q1 2025), -41% from a year earlier and -9% from the quarter before.
Was Aemetis profitable in the first quarter 2025?
Operating loss was $15.6M (-36.3% of revenue) and net loss $24.5M.
Source: Aemetis 10-Q on SEC EDGAR.