Aemetis shares surge 24.68% intraday driven by 61% RNG growth and $32M MVR cash flow boost.

Aemetis surged 24.68% intraday following its Q4 2025 earnings report, driven by significant operational and financial milestones. The company highlighted a 61% year-over-year increase in dairy RNG production to 405,000 MMBtu, with 12 operating digesters, and announced a $32 million annual cash flow uplift from a Keyes ethanol plant MVR upgrade expected to cut natural gas use by 80%. These advancements, coupled with $12.2 million in biogas segment net income and $10.3 million in production tax credits, signaled progress toward profitability. The MVR project, now 50% funded, is projected to reduce carbon intensity and enhance margins, while India biodiesel revenue rose to $29.7 million. Despite a $77 million annual net loss, the market appears to have reacted positively to scalable growth drivers and regulatory tailwinds like LCFS credits and 45Z incentives.