Aemetis has reported a 27% increase in first-quarter revenue, reaching $54.6 million. This growth is largely attributed to a 55% year-over-year increase in dairy renewable natural gas (RNG) volumes and the initial recognition of Section 45Z clean fuel production credits. The company shifted to a gross profit of $2.8 million, moving away from previous losses. Future growth projections include the Keyes MVR project, which is expected to displace 80% of fossil gas use and generate significant annual cash flow upon completion.
