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AMTX Financials AEMETIS, INC

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has declined 1.7% per year over the past 5 years.

Financial health

  • Total debt ($382M) exceeds cash ($5M); net debt is $377M.
  • Total debt has grown faster than revenue (9.3% vs -1.7% per year).
  • Operating income covered interest expense -0.7× in the latest year, down from -0.3× 5 years ago.
  • The company is unprofitable and has less than a year of cash runway at its current free-cash-flow burn.
Revenue & net income
-$108M $80M $268M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-42% -19% 4% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-240% -24% 191% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$62M -$22M $19M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $191M $382M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$33M $10M $54M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $198M -$77M -0.4% -18.8% 25.1% -29.6% -$23M $382M $5M
2024 $268M -$88M -0.2% -15.1% 33.2% -33.8% -$53M $338M $898000
2023 $187M -$46M 1.1% -20.0% 21.4% -19.1% -$19M $295M $3M
2022 $257M -$108M -2.2% -13.4% 53.4% -52.0% -$62M $246M $4M
2021 $212M -$47M 3.7% -7.5% 39.2% -29.3% -$47M $189M $8M
2020 -$37M 19.8% -29.3% -$17M $245M $592000
2019 -$39M 25.6% -39.5% -$11M $197M $656000
2018 -$36M 31.4% -39.5% -$10M $173M $1M
2017 -$32M 40.5% -33.7% -$10M $152M $428000
2016 -$16M 31.4% -20.1% -$258000 $110M $1M
2015 -$27M 76.9% -32.6% -$857000 $95M $283000
2014 $7M -240.0% 8.0% $19M $72M $332000
2013 -$24M 191.4% -25.2% -$3M $82M $5M
2012 -$4M -121.9% -4.4% -$18M $36M $291000
2011 -$18M 82.4% -67.2% -$4M $30M $249000

Valuation over time

How the market has priced AMTX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 1.2 2.3 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/S

Frequently asked questions

Is AMTX growing its revenue and profit?

Over the past 5 years, AEMETIS, INC's revenue has declined 1.7% per year. These are computed facts, not advice.

How much debt does AMTX have?

As of FY2025, AEMETIS, INC reported $382M of total debt against $5M of cash; operating income covered interest expense -0.7×.

What is AMTX's profit margin?

In FY2025, gross margin was -0.4%, operating margin -18.8%, and net margin -39.0%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.