Aemetis Q425 Earnings Support Transition to Low-Carbon Fuels Platform

Aemetis Inc. (AMTX) Q425 results further solidify the company's transition from a capital-intensive buildout story to a low-carbon fuels platform. Dairy RNG production increased 61% y/y in Q4, with segment net income of $12.2 million, and seven new CARB pathway approvals improving average RNG carbon intensity. This positions Aemetis for sustained operating cash flow growth and an EBITDA inflection. The median valuation target suggests significant upside from current trading levels.