AMTX Earnings Prediction
The chart below shows how AMTX performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AMTX sees a +9.21% change in stock price 10 days leading up to the earnings, and a +6.36% change 10 days following the report. On the earnings day itself, the stock moves by -3.92%. This data can give you a slight idea of what to expect for the next quarter's release.
AMTX Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
81.44M
18.56%
22.36%
Gross Margin
2.73%
299.27%
-150.09%
Operating Margin
-6.78%
-53.24%
-70.75%
Net Margin
-22.02%
-149.25%
-49.76%
EPS
-0.38
-152.05%
-42.42%
No Data Available
AMTX Earnings Analysis
Aemetis, Inc. (DE) Common Stock Corporation (AMTX.O) Earnings Conference Call
Positive
Quarterly Revenue Increase: Revenue during the third quarter 2024 increased to $81.4 million compared to $68.7 million for the third quarter of 2023.
Ethanol Revenue and Production: Our key ethanol plant recognized $45 million of revenue during the third quarter with a production of 15.5 million gallons of ethanol.
Dairy Renewable Gas Revenue: Our Dairy Renewable Natural Gas segment sold 85,993 MMBtu from 9 operating dairy digesters and sold 935,000 RINs and 20,000 metric ton of LCFs credits to report $4.2 million of revenue during the third quarter.
Biodiesel Revenue Generation: Our India Biodiesel business recognized $32.2 million of revenue, primarily from sales to the India oil marketing companies.
SG&A Expense Decrease: Selling, general and administrative expenses were $7.8 million during the third quarter of 2024 compared to $9 million during the same period of 2023.
Negative
Gross Profit Increase: Gross profit for the third quarter of 2024 was $3.9 million compared to $492,000 profit during the third quarter of 2023.
SG&A Expense Decrease: Selling, general and administrative expenses were $7.8 million during the third quarter of 2024 compared to $9 million during the same period of 2023.
Net Loss Comparison: Net loss was $17.9 million for the third quarter of 2024 compared to net income of $30.7 million for the third quarter of 2023, which was primarily driven by a sale of investment tax credits in September 2023.
Interest Expense Increase: Interest expense, excluding accretion of Series A preferred units in the Aemetis Biogas LLC subsidiary, increased to $11.7 million during the third quarter of 2024 compared to $10.2 million during the third quarter of 2023.
Spending Decrease Analysis: The decrease in spending was driven primarily by professional services associated with the sale of tax credits during the third quarter of 2023.
AMTX FAQs
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AMTX Earning Call Sentiment
Aemetis, Inc. (AMTX) Q3 2024 Earnings Call Transcript
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00:00
00:00
AMTX.O
-2.78%Positive
The earnings call presents a strong financial performance with significant revenue growth and improved operational efficiency. Despite the net loss, the optimistic outlook on cash flow improvements, regulatory benefits, and strategic expansion in India are positive indicators. The Q&A section reveals some uncertainties, particularly around tax credits and tariffs, but management's confidence in future projects and expansions is reassuring. The anticipated cash flow improvements and regulatory approvals, along with strategic initiatives, suggest a positive stock price movement over the next two weeks.
