Revenue Breakdown - FutureFuel's revenue for the year ended December 31, 2025, was distributed across three primary categories: Custom Manufacturing (54%), Biofuels (38%), and Performance Chemicals (8%) [22] - The Chemicals segment accounted for 62% of total revenue in 2025, with significant contributions from custom manufacturing and performance chemicals [24] - Revenue for the fiscal year ended December 31, 2025, was $95,742, a decrease of $147,597 or 61% compared to $243,339 in 2024 [210] - Revenue from the United States for the fiscal year ended December 31, 2025, was $94,790, while revenue from foreign countries was $952, totaling $95,742 [205] Biofuels Segment - In 2025, the biofuels segment produced 9 million gallons of biodiesel, a significant decrease from 45 million gallons in 2024, due to regulatory uncertainties [22] - The company’s biofuels operations are significantly influenced by governmental programs, with the BTC providing a $1.00 per gallon refundable tax credit, which is set to be replaced by the CFPC in 2025 [106] - The top two customers in the biofuel segment contributed 32% of revenue in 2025, down from 44% in 2023, indicating a diversification in the customer base [60] - Sustainable Aviation Fuel (SAF) production nearly doubled in January 2025, reaching 16.4 million gallons, highlighting its emergence as a growth leader in the biofuels sector [55] - The biodiesel market is characterized by significant competition from renewable diesel, which often commands a premium price due to its superior properties and market integration [63] Production Capacity - FutureFuel's facility has a demonstrated capacity of approximately 59 million gallons per year (MMgy) for biodiesel production [22] - The company’s annual biodiesel production capacity is 59 million gallons per year [199] - Biodiesel production capacity in the U.S. decreased to 1,995 million gallons per year in late 2024, down from 2,083 million gallons in 2023, while renewable diesel capacity surged to 4,580 million gallons from 3,897 million gallons [53] Financial Performance - Loss from operations for the fiscal year ended December 31, 2025, was $(52,990), a decline of $59,362 from an income of $6,372 in 2024 [210] - Net loss for the fiscal year ended December 31, 2025, was $(49,397), down $64,900 from a net income of $15,503 in 2024 [210] - Adjusted EBITDA for the fiscal year ended December 31, 2025, was $(38,317), a decrease of $59,634 from $21,317 in 2024 [210] Customer Concentration - Three chemical customers represented greater than 10% of total sales revenue in 2025, accounting for 48% of total revenue, indicating a shift in customer concentration compared to 2024 [31] - The chemical business is concentrated with three large customers, representing 81% of the chemicals segment product sales, which poses a risk if any of these customers are lost [132] Regulatory Environment - The company transitioned from the Blenders' Tax Credit to the Clean Fuel Production Credit effective January 1, 2025, which subsidizes fuels based on their greenhouse gas emission levels [45] - The biodiesel industry is facing regulatory challenges, with the expiration of the BTC and the introduction of the CFPC creating uncertainty in operating margins [72] - The Clean Fuel Production Credit (CFPC) is expected to be finalized before mid-year 2026, transitioning the industry away from the traditional BTC [207] - Incentives favoring renewable diesel over traditional biodiesel are expected to affect future revenue projections due to higher renewable fuel value [207] Operational Challenges - The company is exposed to operating risks common to chemical manufacturing, including fires, explosions, and natural disasters, which could materially affect sales revenue and financial condition [130] - The company has experienced increasingly frequent unscheduled service utility downtimes due to supplier delays and quality issues, which may negatively impact operations [131] - The availability of transportation for biodiesel distribution is limited, which may hinder access to more lucrative markets and restrict cash flow from sales [123] Research and Development - Research and development expenses for 2025 were $3,866 million, a decrease from $4,398 million in 2023, primarily focused on developing new products and improving existing processes [80] Environmental Impact - Environmental protection expenditures in 2025 totaled $7,862 million, a decrease from $12,854 million in 2023, attributed to reduced waste treatment requirements [83] - Nitrogen oxide emissions from biodiesel may harm its appeal as a renewable fuel, potentially increasing costs and affecting marketability [128] Strategic Initiatives - FutureFuel is expanding its market footprint through a dual-track strategy of diversification and vertical integration, enhancing its supply chain and creating new revenue streams [19] - The company is positioned to expand into higher-value segments, including pharmaceutical intermediates and food-grade ingredients, by integrating GMP capabilities alongside existing ISO certifications [33] - The company is developing a Responsible AI & LLM Governance Policy to enhance operational precision and safety in manufacturing [96] Financial Management - The company has entered into a $35 million revolving credit facility, expiring in February 2030, with no outstanding borrowings as of the report date [149] - The company has approximately $5.5 million in cash balances exceeding FDIC insurance limits as of December 31, 2025 [161] - The company has identified a material weakness in internal control over financial reporting, which has been remediated but poses ongoing risks [153] Stock and Shareholder Information - The company has 43,863,507 shares of common stock outstanding as of March 16, 2026 [177] - The company declared and paid regular cash dividends for 2025 and 2024, with dividends also declared for Q1 2026 [179] - The board authorized a stock repurchase program of up to $25.0 million, with a 24-month extension announced on December 10, 2025 [189]

Exhibit 99.1 FutureFuel Corp. Roeland Polet (870) 698-5608 www.futurefuelcorporation.com FutureFuel Releases 2025 Results Reports Net Loss of $49.4 Million or $1.13 per Diluted Share, and Adjusted EBITDA of ($38.3) Million BATESVILLE, Ar. (March 16, 2026) – FutureFuel Corp. (NYSE: FF) ("FutureFuel"), a manufacturer of custom and performance chemicals and biofuels, today announced financial results for the fourth quarter and year ended December 31, 2025. Fourth quarter 2025 Financial Highlights (all comparis ...

Financial Performance - FutureFuel Corp. reported a net loss of $49.4 million or $1.13 per diluted share for the year ended December 31, 2025, compared to a net income of $15.5 million or $0.35 per diluted share in 2024 [7][10][40] - For the fourth quarter of 2025, revenues were $19.8 million, a decrease of 68% or $41.7 million compared to $61.5 million in the same quarter of 2024 [7][9][10] - Adjusted EBITDA for the year was ($38.3) million, down from $21.3 million in 2024, indicating significant operational challenges [7][10][36] Segment Performance - The Chemicals segment faced challenges with revenues dropping to $59.6 million in 2025 from $80.0 million in 2024, primarily due to reduced production volumes and high input costs [3][40] - The Biofuel segment's revenue fell to $36.2 million in 2025 from $163.3 million in 2024, largely impacted by the expiration of the blenders tax credit and uncertainty surrounding the clean fuel production credit [4][11][40] Operational Developments - FutureFuel completed the construction of a new methacrylate plant, which is expected to contribute significantly to revenue starting in 2026 [3][4] - The company has resumed raw material procurement and initiated a gradual restart of biodiesel production following regulatory clarity provided by the final 45Z guidance [4][5] Cash and Capital Expenditures - Cash and cash equivalents decreased to $51.3 million as of December 31, 2025, from $109.5 million in 2024, primarily due to the expiration of the blenders tax credit [17][28] - Capital expenditures increased to $17.2 million in 2025 from $14.7 million in 2024, driven by investments in plant production reliability and efficiency [16][17] Future Outlook - The company is optimistic about the Biodiesel segment in 2026, anticipating improved regulatory clarity and higher utilization of the new methacrylate unit [5][6] - FutureFuel plans to focus on operational turnarounds and enhancing plant reliability to navigate the challenging market conditions [2][5]

Core Viewpoint - Future Fuels Inc. has entered into an amalgamation agreement to acquire Hatchet Uranium Corp., a subsidiary of ValOre Metals Corp., through a three-cornered amalgamation under British Columbia's Business Corporations Act [1] Company Summary - Future Fuels Inc. is acquiring all issued and outstanding securities of Hatchet Uranium Corp. as part of the amalgamation agreement [1] - Hatchet Uranium Corp. is a 51% owned subsidiary of ValOre Metals Corp. [1] - 1564470 B.C. Ltd., a wholly-owned subsidiary of Future Fuels, is involved in the amalgamation process [1]

Core Viewpoint - FutureFuel Corp. is set to release its year-end 2025 financial results on March 16, 2026, after market close [1] Company Overview - FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuels [2] - The chemicals business includes custom chemicals for specific customers and performance chemicals for multiple customers [2] - Custom chemicals include proprietary intermediates and chlorinated polyolefin adhesion promoters [2] - Performance chemicals consist of polymer modifiers and small-volume specialty chemicals for various applications [2] - The biofuels segment primarily focuses on the production and sale of biodiesel [2]

Core Viewpoint - Future Fuel Corp. (FF) maintains a bullish outlook in the biofuels and chemicals sector, supported by a generous dividend policy [1] Company Summary - The company was last analyzed in October 2024, with a positive stance on its performance and potential [1] - Future Fuel Corp. is recognized for its strong balance sheet and minimal debt, making it an attractive option for income-focused investors [1] Investment Strategy - The investment approach involves purchasing undervalued, profitable stocks and writing calls against positions to generate additional income [1] - Risk management is emphasized through position sizing and the use of trailing stop losses over time [1]

Core Viewpoint - FutureFuel Corp. has declared a cash dividend of $0.06 per share for the first quarter of 2026 and extended its share repurchase program for an additional 24 months [1] Company Overview - FutureFuel is a leading manufacturer of diversified chemical products, specialty chemical products, and biofuels [2] - The company produces custom chemicals for specific customers and performance chemicals for multiple customers [2] - FutureFuel's custom chemicals include proprietary intermediates and chlorinated polyolefin adhesion promoters [2] - The performance chemicals portfolio includes polymer modifiers and small-volume specialty chemicals [2] - The biofuels segment primarily focuses on the production and sale of biodiesel [2]

Company Overview - FutureFuel Corp. is a manufacturer of custom and performance chemicals and biofuels [6] - The company produces specialty chemicals for specific customers and multi-customer specialty chemicals, as well as biodiesel in its biofuels segment [6] Board Changes - As of December 4, 2025, the Board of Directors increased its size to nine members and appointed Roeland Polet as a Class A member [1] - Roeland Polet, who has been the Chief Executive Officer since September 3, 2024, will also serve as the Chairman of the Board, replacing Donald C. Bedell, who will remain a Board member [4][5] - G. Bruce Greer has been appointed as Lead Independent Director to work alongside Mr. Polet [5] Leadership Background - Roeland Polet has extensive experience in senior leadership roles, including his previous position as CEO of DSM Materials Businesses from 2019 to 2023 [2] - His background includes leadership roles at Valspar Corporation, Celanese Corporation, and Carbolite Foods, with global business experience across the United States, Asia, and Europe [2]

Core Insights - Future Fuels Inc. has initiated the permitting process for drilling at its 100%-owned Hornby Basin Uranium Project located approximately 95 kilometers southwest of Kugluktuk, Nunavut [1] Company Developments - The company has begun submitting the required documentation for an exploration program at the Hornby Project, which is set to commence in summer 2026 [1]

Revenue and Profitability - Revenue for the three months ended September 30, 2025, was $22,689, a decrease of $28,451 or 56% compared to $51,140 in the same period of 2024[85] - Net loss for the three months ended September 30, 2025, was $9,327, representing an increase in loss of $8,132 or 681% compared to a net loss of $1,195 in the same period of 2024[85] - Adjusted EBITDA for the nine months ended September 30, 2025, was $(32,715), a decrease of $45,757 compared to $13,042 in the same period of 2024[85] - Gross profit for the three months ended September 30, 2025, decreased by $7,214 compared to the same period in 2024, primarily due to reduced throughput from adverse market conditions[93] - Revenues for the three months ended September 30, 2025, decreased by 13% or $2,350 to $15,578 compared to $17,928 in the same period of 2024[100] - Chemical revenue for the nine months ended September 30, 2025, decreased by 25% or $13,661 to $41,562 compared to $55,223 in the same period of 2024[100] - Biofuels revenue for the three months ended September 30, 2025, decreased by 79% or $26,101 to $33,212 compared to $7,111 in the same period of 2024[105] - Biofuels revenue for the nine months ended September 30, 2025, decreased by 73% or $92,269 to $34,338 compared to $126,607 in the same period of 2024[106] - Gross loss for the chemical segment was $4,412 for the three months ended September 30, 2025, worsening by $7,819 compared to the same period in 2024[104] - Gross loss for the biofuel segment was $2,419 for the three months ended September 30, 2025, a decrease in gross loss of $605 from the comparative period in 2024[108] Cash Flow and Financing - Cash used in operating activities was $1,299 for the nine months ended September 30, 2025, compared to cash provided of $41,415 in the same period of 2024[120] - Cash used in investing activities increased to $14,426 for the nine months ended September 30, 2025, from $10,176 in the same period of 2024[121] - Cash used in financing activities was $8,256 for the nine months ended September 30, 2025, significantly lower than $117,285 in the same period of 2024[122] - The company believes existing cash balances and cash flow from operating activities will be sufficient to fund operations and capital requirements for the foreseeable future[119] - The company has a credit agreement with a syndicated group of commercial banks for $75 million, which terminates on February 21, 2030[124] - The company intends to fund future capital requirements from cash flow and existing cash, without the need to issue securities[125] - The company has accumulated excess working capital, some of which has been distributed as dividends[127] Dividends - Regular cash dividends of $0.06 per share were paid in each quarter of 2025 and 2024, totaling $2,628 thousand and $2,626 thousand respectively[126] - A special dividend of $2.50 per share was paid on April 9, 2024, amounting to $109,408 thousand[126] Market Conditions and Risks - The biofuel segment was significantly impacted by uncertainty surrounding the Clean Fuel Production Credit (CFPC), leading to idling of the biodiesel production line[92] - Other income decreased by $1,309 in the three months ended September 30, 2025, primarily due to a reduction in interest income[96] - The EPA proposed a rule that could increase RINs for biomass-based diesel from 5.36 billion in 2025 to 7.12 billion in 2026 and 2027, which may materially affect the company's operations[82] - The Budget Reconciliation Act of 2025 reduced the tax credit for sustainable aviation fuel from $1.75 per gallon to $1.00 per gallon effective January 1, 2026[83] - A hypothetical adverse 10% change in the average price of biodiesel feedstocks would result in a gross profit decrease of $2,839 thousand, representing a 9.4% decrease[137] - The company had no borrowings at September 30, 2025, indicating no exposure to interest rate risk for that period[138] - The company engages in transactions to mitigate market risks associated with commodity prices, including futures contracts and options[129] - The company has not experienced material adverse impacts from general economic inflation, passing some price increases to customers[130] Derivative Instruments - The fair value of derivative instruments was a net asset of $169 thousand at September 30, 2025, compared to a net liability of $235 thousand at December 31, 2024[134]