Aemetis Intrinsic Value Calculation – AEMETIS Reports Q2 FY2023 Earnings Results, Ending June 30 2023
August 10, 2023
🌥️Earnings Overview
AEMETIS ($NASDAQ:AMTX) reported their earnings results for the second quarter of FY2023, which finished on June 30 2023. Their total revenue for the quarter was USD 45.1 million – a 31.5% decrease from Q2 of the prior year. Net income was USD -25.3 million, compared to a net loss of -0.2 million in the same quarter the year before.
Share Price
AEMETIS, a leading energy management company, reported its earnings for Q2 FY2023 on Thursday. The company saw its stock open at $6.1 and close at $7.5, soaring by a whopping 10.7% from the previous closing price of $6.8. This surge in share prices was attributed to the strong revenue figures reported by AEMETIS during the quarter ending June 30, 2023. AEMETIS attributed this success to its particular focus on energy efficiency initiatives, which it said is proving to be a lucrative investments for them.
Overall, AEMETIS had a very successful Q2 FY2023, with strong financial results across the board. The surge in share prices is a testament to the company’s success and provides investors with confidence that AEMETIS will continue to perform well in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aemetis. AEMETIS_Reports_Q2_FY2023_Earnings_Results_Ending_June_30_2023″>More…
| Total Revenues | Net Income | Net Margin |
| 185.83 | -140.94 | -59.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aemetis. AEMETIS_Reports_Q2_FY2023_Earnings_Results_Ending_June_30_2023″>More…
| Operations | Investing | Financing |
| -25.97 | -31.31 | 53.63 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aemetis. AEMETIS_Reports_Q2_FY2023_Earnings_Results_Ending_June_30_2023″>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 212.59 | 451.52 | -6.51 |
Key Ratios Snapshot
Some of the financial key ratios for Aemetis are shown below. AEMETIS_Reports_Q2_FY2023_Earnings_Results_Ending_June_30_2023″>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -1.9% | – | -49.8% |
| FCF Margin | ROE | ROA |
| -34.1% | 25.1% | -27.2% |
Analysis – Aemetis Intrinsic Value Calculation
At GoodWhale, we have recently conducted an analysis of AEMETIS‘s overall wellbeing. Based on our proprietary Valuation Line, we were able to determine that the fair value of AEMETIS share is approximately $6.3. However, currently, AEMETIS stock is being traded at a price of $7.5, which is a fair price that is overvalued by 19.1%. More…
Peers
Headquartered in Cupertino, California, Aemetis operates an integrated production facility in India and a 50,000 gallon per day demonstration and small-scale production facility in Riverbank, California. The company has a joint venture and technology license agreement with a major Indian sugar producer for a large-scale integrated production facility in India. Aemetis owns and operates a 50 million gallon per year ethanol plant in Keyes, California. The company also owns and operates a distillation facility to produce high purity alcohols from renewable feedstocks. Aemetis has developed and patented technology to produce second-generation renewable fuels and chemicals from non-food biomass.
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Summary
AEMETIS reported disappointing earnings results for Q2 FY2023, with total revenue amounting to USD 45.1 million – a decrease of 31.5% from the same period last year. Net income also decreased significantly to USD -25.3 million, compared to a net loss of -0.2 million from the same quarter in the previous year. Despite these figures, the stock price increased on the same day, indicating that investors believe AEMETIS has potential for future growth. Going forward, it will be important to monitor AEMETIS’ financial performance, particularly their cash flow and balance sheet, to determine whether further investment in the company is a wise choice.
