Significant Financial Improvements
Gross profit increased by $18 million, net income improved by $17 million, and adjusted EBITDA grew by $9 million year-over-year in Q3 2025.
Renewable Fuel Export Growth
Increased renewable fuel export sales contributed $5.6 million more to gross profit compared to Q3 2024.
CO2 Utilization and Strategic Acquisitions
Acquisition of Kodiak Carbonic boosted overall CO2 utilization, contributing nearly $2 million to the quarter's results.
Strong Cash Flow and Debt Reduction
Generated $22.8 million in cash flow from operations and used $18.5 million to repay debt, increasing borrowing availability to $85 million.
Cost Reduction Success
SG&A expenses improved by $1 million due to rightsizing staffing levels and reduced costs related to acquisitions.