Gevo Inc (GEVO) Q1 2025 Earnings Call Highlights: Revenue Growth and Strategic Developments ...

GuruFocus News

Wed, May 14, 2025, 12:14 AM 5 min read

• Revenue: $29 cardinal for the archetypal 4th of 2025.

• Cash Position: $135 cardinal successful cash, currency equivalents, and restricted currency astatine the extremity of the quarter.

• Operating Revenue and Other Net Income: $30.9 cardinal for the archetypal quarter.

• RNG Revenue: $5.7 million, an summation of $1.7 cardinal from the erstwhile year.

• Income from Operations (Gevo North Dakota): $0.5 cardinal for February and March.

• Adjusted EBITDA (Gevo North Dakota): $1.8 cardinal for February and March.

• Income from Operations (Gevo RNG): $1.1 cardinal past quarter.

• Adjusted EBITDA (Gevo RNG): $2.7 cardinal past quarter.

• Net Loss from Operations (Gevo and Gevo Fuel Segments): $21.7 cardinal past quarter.

• Adjusted EBITDA Loss (Gevo and Gevo Fuel Segments): $19.9 cardinal past quarter.

• Consolidated Loss from Operations: $20.1 cardinal past quarter.

• Non-GAAP Adjusted EBITDA Loss: $15.4 cardinal past quarter.

• Ethanol Production (Gevo North Dakota): Over 11 cardinal gallons successful 2 months.

• Carbon Sequestration: 29,000 metric tons of c dioxide captured and sequestered.

• Renewable Natural Gas Production: About 80,000 cardinal BTUs past quarter.

• Carbon Abatement: Over 100,000 metric tons generated past quarter.

• Warning! GuruFocus has detected 4 Warning Signs with GEVO.

Release Date: May 13, 2025

For the implicit transcript of the net call, delight notation to the full net telephone transcript.

• Gevo Inc (NASDAQ:GEVO) generated $29 cardinal successful gross successful the archetypal 4th of 2025, with lone 2 months of operations astatine Gevo North Dakota.

• The institution received IRS support to use for the 45Z taxation credit, which is expected to boost EBITDA growth.

• Gevo North Dakota's ethanol works has a capableness of 67 cardinal gallons per year, with country for further expansion.

• The c sequestration cognition astatine Gevo North Dakota is certified arsenic a thousand-year well, highlighting its semipermanent viability.

• Gevo Inc (NASDAQ:GEVO) has made advancement successful selling voluntary c abatement credits, adding a caller gross stream.

• Gevo Inc (NASDAQ:GEVO) reported a company-wide consolidated nonaccomplishment from operations of $20.1 cardinal past quarter.

• The adjusted EBITDA nonaccomplishment for Gevo and Gevo substance segments was a combined $19.9 cardinal past quarter.

• The institution is facing challenges with the Department of Energy indebtedness process for the ATJ-60 task successful South Dakota.

• Gevo Inc (NASDAQ:GEVO) is managing currency travel carefully, with a $40 cardinal CapEx walk planned for ATJ-60 this year.

• There is uncertainty astir the timeline for the ATJ-30 project, though it is expected to beryllium completed sooner than ATJ-60.

Q: Given the Gevo North Dakota acquisition and the $40 cardinal CapEx walk for ATJ-60, however should we deliberation astir the currency cadence for the year? A: Patrick Gruber, CEO, explained that they program to walk $40 cardinal connected ATJ-60 this year, but person dialed backmost spending portion shifting resources to ATJ-30. They besides program to refinance their RNG plant, which volition escaped up cash, indicating they should beryllium successful beardown signifier for the remainder of the year.