Financial Data and Key Metrics Changes - The consolidated net loss for Q4 2024 was $41.7 million, compared to a net loss of $18.9 million in Q4 2023, reflecting significant asset impairments and acquisition-related expenses [39] - Adjusted EBITDA for Q4 2024 was negative $7.7 million, a decline from positive $3.5 million in Q4 2023 [39] - The company sold 95.1 million gallons in Q4 2024, an increase from 92.5 million gallons in Q4 2023, but the average sales price per gallon dropped to $1.88 from $2.24 [34] Business Line Data and Key Metrics Changes - The company cold idled the Magic Valley facility, leading to a significant impairment charge of $21.4 million related to this plant [38] - The Eagle Alcohol operations were rationalized, resulting in a 16% reduction in headcount and a focus on turning remaining operations into a profitable service center [16][31] - The Pekin campus production volume increased by 3.8 million gallons over the prior year, demonstrating the effectiveness of maintenance programs [27] Market Data and Key Metrics Changes - Market crush margins declined nearly $0.18, adversely impacting gross profit by $8.7 million [35] - Low carbon fuel credit prices decreased compared to the previous year but showed improvement from Q3 2024 [35] - The company began exporting certified renewable fuel to European markets in Q4 2024, anticipating further expansion in 2025 [29] Company Strategy and Development Direction - The acquisition of Alto Carbonic is expected to bolster economics and increase asset valuation at the Columbia facility, providing a stronger financial foundation [19][43] - The company is considering a range of strategic options, including asset sales and mergers, to maximize shareholder value [12][57] - Ongoing efforts include optimizing CO2 production and pursuing carbon capture and storage (CCS) projects, with a focus on securing financing and community support [22][26] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenging market conditions in Q4 2024, with a focus on cost-saving initiatives expected to save approximately $8 million annually [18][32] - The company is optimistic about 2025, citing improved performance at the Pekin wet mill and the synergistic acquisition of the CO2 processing facility [42] - Management emphasized the importance of exceeding customer expectations and maximizing the value of specialty alcohol and essential ingredients [43] Other Important Information - The company recorded $34.6 million in repairs and maintenance expenses in line with estimates for 2024 [41] - The cash balance as of December 31, 2024, was $35 million, with total loan borrowing availability of $88 million [41] Q&A Session Summary Question: How is the company planning to balance carbon sequestration versus high-premium CO2 for the beverage industry? - Management indicated that while there are opportunities for carbon sequestration, the unique market conditions in the Pacific Northwest present a significant advantage for CO2 production [48] Question: Is the site certified for 45Q incentives? - Management stated that the facility is close to qualifying for 45Q incentives, with ongoing efforts to meet requirements [50][51] Question: What is the expected ratio of specialty alcohol sent to the EU versus domestic markets? - Management explained that pricing varies by country in the EU, and the flexibility in production allows for optimization of profitability [52][54] Question: How far along are discussions regarding asset sales or mergers? - Management confirmed that all options are being considered to maximize shareholder value, but specific details on M&A activities were not disclosed [56][57] Question: What is the timeline for the CCS project and its potential contributions? - Management indicated that the EPA permit process could take two years, with construction timelines potentially extending to 2029 or 2030 [64][66]

Financial Performance - Alto Ingredients reported net sales of $236347 million for the three months ended December 31, 2024, compared to $273625 million for the same period in 2023[36] - The company's net loss for the three months ended December 31, 2024, was $(41712) million, compared to a net loss of $(18945) million for the same period in 2023[36] - Adjusted EBITDA for the three months ended December 31, 2024, was $(7658) million, compared to $3543 million for the same period in 2023[42] - For the year ended December 31, 2024, Alto Ingredients reported net sales of $965258 million, compared to $1222940 million in 2023[36] - The net loss for the year ended December 31, 2024, was $(58984) million, compared to a net loss of $(28005) million in 2023[36] - Adjusted EBITDA for the year ended December 31, 2024, was $(8531) million, compared to $20766 million in 2023[42] Strategic Initiatives - Alto Ingredients is targeting premium markets with high-quality products [6, 23] - The company is supporting the reduction in carbon emissions by pursuing Carbon Capture and Storage (CCS) [6, 23] - Alto Ingredients is optimizing its asset base and executing efficiency initiatives [6, 23] - The company acquired a beverage-grade liquid CO2 processor for $725 million plus working capital [14]

Exhibit 99.1 Alto Ingredients, Inc. Reports Fourth Quarter and Year-end 2024 Results - Implemented Cost Savings Expected to Yield Approximately $8 Million Annually - - Integrated Accretive Acquisition of a Beverage-grade Liquid CO2 Processor - - Considering Asset Sales, a Merger or Other Strategic Transactions - Pekin, IL, March 5, 2025 – Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, reported its financial results ...

- Implemented Cost Savings Expected to Yield Approximately $8 Million Annually - - Integrated Accretive Acquisition of a Beverage-grade Liquid CO2 Processor -- Considering Asset Sales, a Merger or Other Strategic Transactions - PEKIN, Ill., March 05, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, reported its financial results for the quarter and year ended December 31, 2024. Bryon McGregor, ...

PEKIN, Ill., March 04, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced that management plans to participate at the 37th Annual Roth Conference on March 16th-18th. The conference is being held at The Laguna Cliffs Marriott in Dana Point, CA Management will conduct one-on-one meetings on March 17th. Interested investors should contact their ROTH representative or Kirsten Chapman of Alli ...

Core Insights - Alto Ingredients, Inc. will release its fourth quarter and year-end 2024 financial results on March 5, 2025, after market close [1] - A conference call will be held on the same day at 2:00 p.m. Pacific Time, featuring prepared remarks and a Q&A session [2] - The company specializes in producing and distributing specialty alcohols, renewable fuels, and essential ingredients across various markets [3] Company Overview - Alto Ingredients, Inc. is a leading producer and distributor in the specialty alcohols and renewable fuels sectors [3] - The company serves a diverse range of markets including Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels [3] - For further information, the company’s website is available at www.altoingredients.com [3] Investor Relations - Media and investor relations contacts are provided for inquiries, including Michael Kramer from Alto Ingredients and Kirsten Chapman from Alliance Advisors [4] - The conference call will be archived for replay on the company’s website for one year, with a telephonic replay available for one week following the call [2]

Group 1 - Alto Ingredients (NASDAQ: ALTO) has experienced significant challenges in operating performance and stock performance over the past few years [1] - The stock price of ALTO has declined from over $9 per share since late 2020 [1]

Core Insights - Alto Ingredients, Inc. has acquired Kodiak Carbonic, LLC for $7.25 million, enhancing its beverage-grade liquid CO2 processing capabilities and securing a long-term sales contract that will positively impact the company's bottom line [2][4] - The acquisition is expected to provide immediate financial benefits and future growth opportunities, with a focus on optimizing product value and expanding the premium ingredients portfolio [4] Company Overview - Alto Ingredients, Inc. is a prominent producer and distributor of specialty alcohols, renewable fuels, and essential ingredients, serving key markets such as Health, Home & Beauty, Food & Beverage, Essential Ingredients, and Renewable Fuels [5] - The company’s customer base includes major food and beverage companies and consumer products firms, indicating a strong market presence [5] Operational Details - Alto Carbonic, located in Boardman, OR, utilizes CO2 from Alto Ingredients' Columbia plant to produce and sell liquid CO2, with a processing capacity exceeding 200 tons daily [3] - The facility has been operational since 2015 and serves various industries, including food and beverage processing and industrial cooling [3] Strategic Goals - The acquisition aligns with the company's strategy to enhance its CO2 operations, improve distribution efficiency, and expand profit margins [4] - By entering into a long-term off-take contract with a leading supplier, the company aims to de-risk future cash flows from the acquisition [4]

Core Insights - Alto Ingredients, Inc. will cold idle its Magic Valley, Idaho facility on December 31, 2024, while continuing to provide terminal services at the plant [2][3] - The decision to idle the facility is based on forecasts of very low to negative crush margins in the West for the first quarter of 2025, aimed at minimizing anticipated financial losses [3] - The company plans to meet its remaining contractual responsibilities and intends to resume operations when the economic environment improves sustainably [3] Company Overview - Alto Ingredients, Inc. is a leading producer and distributor of specialty alcohols, renewable fuels, and essential ingredients, focusing on four key markets: Health, Home & Beauty; Food & Beverage; Essential Ingredients; and Renewable Fuels [4] - The company's customer base includes major food and beverage companies and consumer products companies [4]

Production Capacity and Sales - The company has an annual alcohol production capacity of up to 350 million gallons, including 110 million gallons of specialty alcohols[65] - In 2023, the company marketed and distributed approximately 383 million gallons of alcohols and over 1.5 million tons of essential ingredients[65] - Specialty alcohol production at the Pekin Campus reached 42% of total sales volume in Q3 2024, a 7 percentage point increase from the same period last year[82] - The company expects to sell 90 million gallons of specialty alcohols in 2024 and match this volume in 2025[82] - Total renewable fuel gallons sold decreased by 5.4% to 74.3 million gallons in September 2024 from 78.5 million gallons in September 2023[100] - Specialty alcohol gallons sold increased by 21.0% to 22.5 million gallons in September 2024 compared to 18.6 million gallons in September 2023[100] - Total volume of production gallons sold increased by 0.8 million gallons, or 2%, to 52.8 million gallons for Q3 2024 compared to 52.0 million gallons in Q3 2023[105] Financial Performance - In Q3 2024, the company reported a consolidated gross profit of $6.0 million and Adjusted EBITDA of $12.2 million, compared to $13.6 million in Adjusted EBITDA for Q3 2023[80] - Consolidated net loss for September 2024 was $2,441,000, an improvement from a loss of $3,489,000 in September 2023[96] - Adjusted EBITDA for September 2024 was $12,164,000, compared to $13,596,000 in September 2023, reflecting a decrease of 10.5%[96] - Net sales for the three months ended September 30, 2024, were $251,814,000, a decline of 20.8% from $318,127,000 in the same period of 2023[103] - Gross profit for September 2024 was $5,960,000, representing 2.4% of net sales, compared to $4,161,000 or 1.3% of net sales in September 2023[103] - Consolidated gross profit decreased to $11.1 million for the nine months ended September 30, 2024, down from $18.2 million in 2023, with gross margins of 1.5% and 1.9% respectively[127] - Pekin Campus production segment's gross profit increased by $8.6 million to $22.4 million for the nine months ended September 30, 2024, primarily due to higher alcohol sales margins[129] - Western production segment's gross profit declined by $12.3 million to a gross loss of $14.1 million for the nine months ended September 30, 2024, attributed to lower renewable fuel margins[131] - Net loss available to common stockholders for the nine months ended September 30, 2024, was $18.2 million, an increase of 82.1% compared to a loss of $10.0 million in 2023[135] Operational Changes and Future Plans - The company plans to idle the Magic Valley facility before the end of 2024 unless there are meaningful improvements in overall economics[72] - The anticipated cost for building a second alcohol loading dock at the Pekin Campus is $3.0 million, scheduled for completion in 2025[88] - The company is exploring alternatives to monetize or optimize its Western plants, including potential partnerships[86] - The hot-idling of the Magic Valley plant in January 2024 impacted sales, with the plant restarting in July 2024 but not reaching full capacity until October 2024[104] - Future commitments for capital projects total $8.6 million, scheduled to be satisfied through 2024 and 2025[152] Market Risks and Management Strategies - The company is exposed to market risks related to ethanol and corn pricing, with ethanol sales priced using contracts based on fixed or indexed prices tied to specific markets[155] - A sensitivity analysis estimated that a hypothetical 10% adverse change in ethanol prices could result in a pre-tax income decrease of approximately $34.8 million, while a similar change in corn prices could decrease pre-tax income by about $30.5 million[160] - The company manages its corn purchases through volume contracts to fix prices, but remains subject to market risks due to fluctuations influenced by weather, planting decisions, and global supply and demand[156] - The company employs risk management strategies, including the use of derivative financial instruments like futures and options, to mitigate market risks associated with ethanol and corn prices[158] - The company does not enter into derivatives for trading or speculative purposes, focusing instead on managing risks related to commodity prices[154] Cash Flow and Financial Position - Cash, cash equivalents, and restricted cash decreased by 15.4% to $38.5 million as of September 30, 2024, compared to $45.5 million at the end of 2023[138] - Working capital declined by $3.5 million to $100.0 million at September 30, 2024, due to a decrease in current assets[140] - Cash generated from operating activities was $6.3 million for the nine months ended September 30, 2024, down from $10.2 million in 2023[142] - Kinergy maintains an operating line of credit of up to $100.0 million, with an outstanding balance of $30.6 million as of September 30, 2024[145] - The principal amount outstanding under the Orion Term Loan was $60.0 million as of September 30, 2024[151] Legal and Regulatory Matters - Management believes that ongoing legal proceedings will not materially affect the company's financial condition or results of operations[164] - There have been no changes in internal control over financial reporting that materially affect the company's financial reporting processes during the last fiscal quarter[162]