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Aemetis, Inc. AMTX Ethanol — Government Assistance Operating Income

Other segment segments

Rng
$5.2M
India Biodiesel
$0

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GPREEthanol Production — Earnings After Interest Tax Depreciation And Amortization
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GPREEthanol Production — Interest Expense, Nonoperating
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ACOGGovernment Assistance Nonoperating Income
$10K-83.6%

Other financials

Income statement

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Revenue$54.6M+27.4%
Gross profit$2.8M+154%
Operating income-$6.3M+59.3%
Net income-$21.7M+11.5%
EPS (diluted)-$0.33+29.8%

Balance sheet

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Cash & equivalents$4.8M+861%
Total debt$101.8M+18.6%
Total equity-$321.1M-14.4%
Total assets$270.3M+4.0%

Cash flow

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Operating cash flow-$10.6M-6,698%
CapEx$6.5M+259%
Free cash flow-$17.1M-927%

Valuation

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Market cap$116.1M-12.6%
Enterprise value$213.07M-0.6%
P/S0.6×0.0×

Profitability

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Gross margin-1.6%-0.3pp
Operating margin-13.4%-3.2pp
Net margin-35.4%-1.4pp
FCF margin-18.2%+1.1pp

Returns & leverage

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Return on equity24.7%
Debt / equity-0.3×
Current ratio0.1×-0.1×

Where this comes from

Reported directly by Aemetis, Inc. in its filing.

Tagged under the XBRL concept us-gaap:GovernmentAssistanceOperatingIncome.

The official record: Aemetis, Inc.’s 10-K, filed March 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aemetis, Inc.'s ethanol — government assistance operating income?
Aemetis, Inc. (AMTX) reported ethanol — government assistance operating income of $1.28M in Q4 2025.
What does ethanol — government assistance operating income mean?
This metric represents the portion of operating income within the ethanol production segment derived specifically from government grants, subsidies, or tax incentive programs. It highlights the extent to which the segment's profitability relies on public policy support rather than purely market-driven product sales. Investors use this to assess the sustainability of earnings and the potential impact of changes in regulatory or legislative funding environments.