Aemetis Announces Updated 5-Year Plan Projecting Growth To $1.95B Of Revenue And $645M Of Adjusted EBITDA In 2028
Portfolio Pulse from Benzinga Newsdesk
Aemetis, Inc. (NASDAQ:AMTX) announced its updated Five Year Plan, projecting significant growth with $1.95 billion in revenues and $645 million in adjusted EBITDA by 2028. The plan highlights a compound annual growth rate of 38% in revenues and 83% in adjusted EBITDA from 2024 to 2028, driven by expansions in renewable natural gas, sustainable aviation fuel, renewable diesel, and biodiesel production, as well as carbon sequestration projects. The company also noted financial support from the USDA and benefits from the Inflation Reduction Act.
February 20, 2024 | 1:30 pm
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Aemetis, Inc. projects a significant growth trajectory, aiming for $1.95 billion in revenues and $645 million in adjusted EBITDA by 2028, driven by expansions in renewable energy sectors and support from regulatory incentives.
The detailed growth plan outlined by Aemetis, including significant revenue and EBITDA targets, is likely to positively impact investor sentiment. The plan's focus on expanding renewable energy production and leveraging regulatory incentives, such as the Inflation Reduction Act, positions AMTX for substantial growth. This, combined with the company's recent achievements and support from the USDA, suggests a strong potential for stock appreciation in the short term.
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IMPORTANCE 95
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