Alto Ingredients Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	922.31	965.26	1,223	1,336	1,208	897.02
Revenue Growth (YoY)	-8.00%	-21.07%	-8.44%	10.57%	34.66%	-37.05%
Cost of Revenue	903.95	955.54	1,207	1,363	1,140	844.16
Gross Profit	18.36	9.72	15.65	-27.55	67.78	52.86
Selling, General & Admin	27.69	29.74	29.86	28.08	29.19	31.98
Operating Expenses	27.69	29.74	29.86	28.08	29.19	31.98
Operating Income	-9.33	-20.01	-14.21	-55.63	38.6	20.88
Interest Expense	-10.81	-7.64	-7.43	-1.83	-3.59	-17.94
Other Non Operating Income (Expenses)	0.15	0.51	0.55	0.86	1.21	-9.21
EBT Excluding Unusual Items	-20	-27.15	-21.08	-56.59	36.22	-6.27
Merger & Restructuring Charges	-5.22	-7.7	-2.8	-3.5	-	-
Impairment of Goodwill	-	-	-5.97	-	-	-
Gain (Loss) on Sale of Assets	-	0.83	-0.29	-2.23	4.57	1.58
Asset Writedown	-24.79	-24.79	-0.57	-	-3.1	-24.36
Legal Settlements	-	-	-	-	-	11.75
Other Unusual Items	-	-	2.81	22.65	9.86	-
Pretax Income	-50.01	-58.81	-27.91	-39.67	47.55	-17.3
Income Tax Expense	0.17	0.17	0.1	1.93	1.47	-0.02
Earnings From Continuing Operations	-50.18	-58.98	-28.01	-41.6	46.08	-17.28
Minority Interest in Earnings	-	-	-	-	-	2.17
Net Income	-50.18	-58.98	-28.01	-41.6	46.08	-15.12
Preferred Dividends & Other Adjustments	1.27	1.27	1.27	1.27	1.87	1.27
Net Income to Common	-51.45	-60.25	-29.27	-42.86	44.22	-16.38
Shares Outstanding (Basic)	74	73	73	72	71	59
Shares Outstanding (Diluted)	74	73	73	72	72	59
Shares Change (YoY)	1.37%	0.19%	1.94%	-0.38%	23.22%	23.69%
EPS (Basic)	-0.69	-0.82	-0.40	-0.60	0.62	-0.28
EPS (Diluted)	-0.69	-0.82	-0.40	-0.60	0.61	-0.28
Free Cash Flow	-10.01	-14.59	-7.51	-31.7	10.44	65.1
Free Cash Flow Per Share	-0.14	-0.20	-0.10	-0.44	0.14	1.11
Gross Margin	1.99%	1.01%	1.28%	-2.06%	5.61%	5.89%
Operating Margin	-1.01%	-2.07%	-1.16%	-4.17%	3.20%	2.33%
Profit Margin	-5.58%	-6.24%	-2.39%	-3.21%	3.66%	-1.83%
Free Cash Flow Margin	-1.09%	-1.51%	-0.61%	-2.37%	0.86%	7.26%
EBITDA	16.1	4.39	8.87	-30.53	61.89	51.15
EBITDA Margin	1.75%	0.46%	0.73%	-2.29%	5.12%	5.70%
D&A For EBITDA	25.44	24.41	23.08	25.1	23.29	30.27
EBIT	-9.33	-20.01	-14.21	-55.63	38.6	20.88
EBIT Margin	-1.01%	-2.07%	-1.16%	-4.17%	3.19%	2.33%
Effective Tax Rate	-	-	-	-	3.09%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.