Gevo Inc (OQ:GEVO)

Sector:  Energy Industry:  Renewable Fuels
 
See Regulatory Filings on SEC
Company Contact
Address: Suite 310
345 INVERNESS DRIVE SOUTH, BUILDING C
ENGLEWOOD CO 80112
Tel: N/A
Website: https://gevo.com
IR: See website
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Key People
Christopher Michael Ryan
President, Chief Operating Officer
Nancy N. Young
Chief Sustainability Officer
Patrick R. Gruber
Chief Executive Officer, Director
L. Lynn Smull
Chief Financial Officer
Kimberly T. Bowron
Chief People Officer
Andy Shafer
Chief Marketing, Customer and Brand Officer
Alisher Nurmat
Vice President, Controller
Geoffrey T. Williams
Vice President - General Counsel, Secretary
Paul D. Bloom
Chief Carbon Officer and Chief Innovation Officer
Damien A. Perriman
Chief Business Development Officer
   
Business Overview
Gevo, Inc. is a carbon abatement company focused on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels, such as sustainable aviation fuel. The Company operates in three segments. The Gevo segment is focused on research and development activities related to the production of SAF, commercial opportunities for other renewable hydrocarbon products, such as renewable natural gas, hydrocarbons for gasoline blendstocks and diesel fuel, and plastics, materials, and other chemicals. Gevo segment also develops, maintains, and protects its intellectual property portfolio, provides corporate oversight services, and is responsible for development and construction of its Net-Zero Projects. The Agri-Energy segment is engaged in the operation of its Luverne facility and the development of the production of isobutanol, ethanol and related products. The Renewable Natural Gas segment produces-pipeline quality methane gas captured from dairy cow manure.
Financial Overview
For the fiscal year ended 31 December 2023, Gevo Inc revenues increased from $1.2M to $17.2M. Net loss decreased 32% to $66.2M. Revenues reflect Renewable Natural Gas segment increase from $854K to $15.5M, Gevo,Inc segment increase from $81K to $1.7M. Lower net loss reflects Agri-Energy segment loss decrease of 68% to $12.8M. Basic Earnings per Share excluding Extraordinary Items increased from -$0.44 to -$0.28.
Employees: 101 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: N/A
Annual revenue (TTM): $17.20M as of Dec 31, 2023
EBITDA (TTM): -$62.32M as of Dec 31, 2023
Net annual income (TTM): -$66.22M as of Dec 31, 2023
Free cash flow (TTM): -$108.17M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 241,778,266 as of Mar 25, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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