Stocks · Materials · Industrial Organic Chemicals

AEMETIS, INC

AMTX Clue Score29
United States Fiscal year ends December CIK 0000738214
$1.66 -4.05% Close, 9 Oct 2026
Price $1.66 −92.01% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue143.2Operating income−0.8Net income−15.6EPS, diluted−0.79Fiscal year 2017Revenue150.2 +4.9%Operating income−12.2Net income−31.8EPS, diluted−1.53Fiscal year 2018Revenue171.5 +14.2%Operating income−10.9Net income−36.3EPS, diluted−1.63Fiscal year 2019Revenue202.0 +17.8%Operating income−4.9Net income−39.5EPS, diluted−1.75Fiscal year 2020Revenue165.6 −18.0%Operating income−6.1Net income−36.7EPS, diluted−1.74Fiscal year 2021Revenue211.9 +28.0%Operating income−15.8Net income−47.1EPS, diluted−1.54Fiscal year 2022Revenue28.1 −86.7%Operating income−34.4Net income−107.8EPS, diluted−3.12Fiscal year 2023Revenue77.2 +174.6%Operating income−37.4Net income−46.4EPS, diluted−1.22Fiscal year 2024Revenue267.6 +246.7%Operating income−40.4Net income−87.5EPS, diluted−1.91Fiscal year 2025Revenue197.6 −26.2%Operating income−37.2Net income−77.0EPS, diluted−1.28
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 143.2 150.2 171.5 202.0 165.6 211.9 28.1 77.2 267.6 197.6
Growth +4.9% +14.2% +17.8% −18.0% +28.0% −86.7% +174.6% +246.7% −26.2%
Operating income −0.8 −12.2 −10.9 −4.9 −6.1 −15.8 −34.4 −37.4 −40.4 −37.2
Net income −15.6 −31.8 −36.3 −39.5 −36.7 −47.1 −107.8 −46.4 −87.5 −77.0
Growth
EPS, diluted −0.79 −1.53 −1.63 −1.75 −1.74 −1.54 −3.12 −1.22 −1.91 −1.28

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin8.1%Operating margin−0.5%Net margin−10.9%Free cash flow margin−0.2%Fiscal year 2017Gross margin2.2%Operating margin−8.1%Net margin−21.2%Free cash flow margin−6.5%Fiscal year 2018Gross margin3.2%Operating margin−6.4%Net margin−21.2%Free cash flow margin−5.6%Fiscal year 2019Gross margin6.3%Operating margin−2.4%Net margin−19.5%Free cash flow margin−5.3%Fiscal year 2020Gross margin6.7%Operating margin−3.7%Net margin−22.1%Free cash flow margin−10.2%Fiscal year 2021Gross margin3.7%Operating margin−7.5%Net margin−22.2%Free cash flow margin−22.3%Fiscal year 2022Gross margin−19.7%Operating margin−122.4%Net margin−383.3%Free cash flow margin−220.6%Fiscal year 2023Gross margin2.6%Operating margin−48.5%Net margin−60.1%Free cash flow margin−25.0%Fiscal year 2024Gross margin−0.2%Operating margin−15.1%Net margin−32.7%Free cash flow margin−19.9%Fiscal year 2025Gross margin−0.4%Operating margin−18.8%Net margin−39.0%Free cash flow margin−11.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 8.1% 2.2% 3.2% 6.3% 6.7% 3.7% −19.7% 2.6% −0.2% −0.4%
Operating margin −0.5% −8.1% −6.4% −2.4% −3.7% −7.5% −122.4% −48.5% −15.1% −18.8%
Net margin −10.9% −21.2% −21.2% −19.5% −22.1% −22.2% −383.3% −60.1% −32.7% −39.0%
Free cash flow margin −0.2% −6.5% −5.6% −5.3% −10.2% −22.3% −220.6% −25.0% −19.9% −11.5%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.4Capital expenditure−0.6Free cash flow−0.3Buybacks0.0Fiscal year 2017Operating cash flow−8.7Capital expenditure−1.1Free cash flow−9.8Fiscal year 2018Operating cash flow−5.5Capital expenditure−4.1Free cash flow−9.6Fiscal year 2019Operating cash flow−2.0Capital expenditure−8.6Free cash flow−10.6Fiscal year 2020Operating cash flow2.5Capital expenditure−19.3Free cash flow−16.9Fiscal year 2021Operating cash flow−20.6Capital expenditure−26.7Free cash flow−47.3Fiscal year 2022Operating cash flow−22.9Capital expenditure−39.2Free cash flow−62.0Fiscal year 2023Operating cash flow13.8Capital expenditure−33.1Free cash flow−19.3Fiscal year 2024Operating cash flow−32.9Capital expenditure−20.3Free cash flow−53.2Fiscal year 2025Operating cash flow3.3Capital expenditure−26.0Free cash flow−22.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.4 −8.7 −5.5 −2.0 2.5 −20.6 −22.9 13.8 −32.9 3.3
Capital expenditure −0.6 −1.1 −4.1 −8.6 −19.3 −26.7 −39.2 −33.1 −20.3 −26.0
Free cash flow −0.3 −9.8 −9.6 −10.6 −16.9 −47.3 −62.0 −19.3 −53.2 −22.7
Growth
Buybacks 0.0 n/a n/a n/a n/a n/a n/a n/a n/a n/a

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash1.5Total debt102.3Net cash (debt)−100.8Shareholders’ equity−49.8Fiscal year 2017Cash0.4Total debt140.2Net cash (debt)−139.8Shareholders’ equity−78.4Fiscal year 2018Cash1.2Total debt160.2Net cash (debt)−159.0Shareholders’ equity−115.6Fiscal year 2019Cash0.7Total debt185.5Net cash (debt)−184.8Shareholders’ equity−154.4Fiscal year 2020Cash0.6Total debt215.1Net cash (debt)−214.5Shareholders’ equity−184.7Fiscal year 2021Cash7.8Total debt174.2Net cash (debt)−166.4Shareholders’ equity−120.2Fiscal year 2022Cash4.3Total debt209.5Net cash (debt)−205.2Shareholders’ equity−201.9Fiscal year 2023Cash2.7Total debt271.3Net cash (debt)−268.6Shareholders’ equity−217.0Fiscal year 2024Cash0.9Total debt311.3Net cash (debt)−310.4Shareholders’ equity−263.9Fiscal year 2025Cash4.9Total debt343.0Net cash (debt)−338.1Shareholders’ equity−306.8
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 1.5 0.4 1.2 0.7 0.6 7.8 4.3 2.7 0.9 4.9
Total debt 102.3 140.2 160.2 185.5 215.1 174.2 209.5 271.3 311.3 343.0
Net cash (debt) −100.8 −139.8 −159.0 −184.8 −214.5 −166.4 −205.2 −268.6 −310.4 −338.1
Shareholders’ equity −49.8 −78.4 −115.6 −154.4 −184.7 −120.2 −201.9 −217.0 −263.9 −306.8

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019† 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
143.2 150.2 171.5 202.0 165.6 211.9 28.1 77.2 267.6 197.6
Growth +4.9% +14.2% +17.8% −18.0% +28.0% −86.7% +174.6% +246.7% −26.2%
131.6 146.8 166.1 189.3 154.5 204.0 262.0 184.7 268.2 208.7
11.6 3.4 5.4 12.7 11.0 7.9 −5.5 2.0 −0.6 −0.8
Growth −70.9% +60.1% +134.9% −13.2% −28.0% −169.7% −128.8%
0.4 2.4 0.2 0.2 0.2 0.1 0.2 0.2 n/a n/a
12.0 13.2 16.1 17.4 16.9 23.7 28.7 39.4 39.8 36.5
−0.8 −12.2 −10.9 −4.9 −6.1 −15.8 −34.4 −37.4 −40.4 −37.2
Growth
−15.6 −31.8 −36.3 0.0 0.0 −47.3 −106.7 −100.2 −98.4 −95.7
0.0 0.0 0.0 1.1 −1.0 −0.1 1.1 −53.7 −10.8 −18.7
−15.6 −31.8 −36.3 −39.5 −36.7 −47.1 −107.8 −46.4 −87.5 −77.0
Growth
Per share
−0.79 −1.53 −1.63 −1.75 −1.74 −1.54 −3.12 −1.22 −1.91 −1.28
−0.79 −1.53 −1.63 −1.75 −1.74 −1.54 −3.12 −1.22 −1.91 −1.28
Growth
0.0 0.0 0.0 20.5 21.0 30.7 34.6 38.1 45.9 60.0
0.0 0.0 0.0 20.5 21.0 30.7 34.6 38.1 45.9 60.0
Growth +0.3% +2.1% +100,961.6% +2.7% +46.0% +12.7% +10.1% +20.6% +30.7%

† The diluted share count jumps at 2019, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 3.6% a year over five years.
  • Operating margin is down 15.2 points on five years ago, at -18.8%.
  • A net loss in 10 of 10 years on file.