Earnings MissQ1 revenue was $43 million, compared to estimates of $50 million and consensus of $59 million, indicating weaker than expected performance.
Revenue DeclineAemetis reported its fiscal Q4 2024 revenue at $47 million, which was significantly lower than the previous year and below both analyst estimates and consensus expectations.
Tax Credit UncertaintyRealizing Inflation Reduction Act (IRA) 45Z Production Tax Credits (PTC) in 2025 is partly dependent on the IRS releasing the calculation guideline for RNG, with limited clarity on the timeline.