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Green Plains(GPRE) - 2025 Q1 - Earnings Call Presentation
2025-05-08 13:35
Financial Performance - Green Plains reported a net loss attributable to the company of $72.9 million, resulting in a loss per diluted share of $(1.14)[9,14] - The company's Adjusted EBITDA was $(24.2) million[9,20] - The consolidated ethanol crush margin was $(14.7) million[9,12] - Revenues reached $601.5 million, while costs and expenses amounted to $663.8 million, leading to an operating loss of $62.3 million[14] Production & Operations - Ethanol production volume was 195.3 million gallons, with the operating ethanol plants running at 100% capacity (excluding Fairmont)[9,11] - The company produced 417 thousand tons of distillers grains (dry equivalent) and 68 thousand tons of Ultra-High Protein[9,11] - Renewable corn oil production reached 64.3 million pounds[9,11] - The company processed 66.3 million bushels of corn[9] Liquidity & Capital Resources - Green Plains had $126.6 million in cash and cash equivalents, and restricted cash[9,15] - The company had $204.5 million available under a committed credit facility[9] Strategic Initiatives - Construction commenced on compression infrastructure for the carbon capture and storage initiative in Nebraska, expected to start in the fourth quarter of 2025[10] - Eco-Energy, LLC was selected as the company's ethanol marketer in April 2025[10] - A corporate reorganization cost reduction initiative was executed, leading to a significant reduction in ongoing expenses[10]