Stonegate Capital Partners Updates Coverage on Aemetis, Inc. (AMTX) Q3 2024
By:
Newsfile
December 11, 2024 at 18:20 PM EST
Dallas, Texas--(Newsfile Corp. - December 11, 2024) - Aemetis, Inc. (NASDAQ: AMTX): Stonegate Capital Partners updates coverage on Aemetis, Inc. (NASDAQ: AMTX). Aemetis outlined a 5-year plan to reach $2.0B in revenue and $644M in adjusted EBITDA by 2028 vs F23 revenue and adjusted EBITDA of $186.7M and $(22.4)M. respectively. While this is a long-term plan, AMTX has demonstrated its capability to achieve its targets with several key developments this quarter. The Company has successfully increased revenue across all segments. The Keyes Ethanol Plant generated $45.0M in revenue with the production of 15.5M gallons of ethanol. Additionally, AMTX has made significant progress in its carbon sequestration efforts, with the approval of 20 years of Low Carbon Fuel Standard mandates by CARB, which is expected to enhance revenue and earnings from its U.S. projects. We anticipate several regulatory catalysts to be resolved within the next 12 months, further supporting AMTX's growth trajectory. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways:
Click image above to view full announcement. About Stonegate Contacts: Stonegate Capital Partners Source: Stonegate, Inc. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229792 More NewsView MoreVia MarketBeat
Via MarketBeat
Tickers
KRKNF
Via MarketBeat
Will Crypto Miners Pivot to AI? Latest on 3 Key Players ↗
Today 10:36 EST
Recent QuotesView More
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes. By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.
|
