Tue, May 13, 8:10 PM (30 days ago)
**GEVO, INC. (GEVO) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $29.1 million (Q1 2024: $3.99 million), driven by Gevo North Dakota ($22.8 million) and increased RNG project revenue. - **Net Loss:** $21.77 million (Q1 2024: $18.87 million), primarily due to increased operating expenses and acquisition-related costs. - **Cash Flow:** Negative $24.05 million from operations, negative $204.29 million from investing (Red Trail Energy acquisition), and positive $104.24 million from financing. **Key Metrics:** - **Operating Revenue Growth:** 630% YoY, mainly from Gevo North Dakota and RNG project. - **Operating Expenses:** $49.25 million (Q1 2024: $27.13 million), including $21.45 million in cost of production and $5.62 million in depreciation. - **Cash Position:** $134.93 million in cash, cash equivalents, and restricted cash. **Segment Performance:** - **Gevo North Dakota:** Contributed $22.81 million in revenue, with significant production of ethanol, distillers grains, and corn oil. - **RNG Segment:** Increased revenue due to improved carbon score and LCFS credits. - **GevoFuels and Gevo:** Continued development and investment in Alcohol-to-Jet projects and technology. **Trends & Uncertainties:** - **Positive Trends:** Successful acquisition of Red Trail Energy, increased RNG project output, and strategic partnerships. - **Uncertainties:** Dependence on third-party financing, regulatory changes, and market demand for renewable fuels. **Future Operations Impact:** - **Gevo North Dakota:** Expected to drive future revenue growth and support carbon abatement goals. - **ATJ-60 Project:** Continued development and financing efforts to meet SAF demand. - **RNG Project:** Expansion and increased output to capitalize on growing demand for renewable energy. **Conclusion:** GEVO's Q1 2025 results reflect significant growth in revenue driven by strategic acquisitions and increased RNG project output. However, the company continues to face challenges in managing operating expenses and achieving profitability. The focus on developing and financing Alcohol-to-Jet projects, along with the successful integration of Gevo North Dakota, positions GEVO for future growth in the renewable fuels market.