In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Revenues: |
Agri-Energy | 0.2 | 0.1 | 3.9 | 22.1 | | | | |
Transferred at Point in Time | | | 5.3 | 24.5 | 32.8 | 27.3 | 26.5 | |
Gevo Development / Agri-Energy | | | | | 31.6 | 26.4 | 24.8 | 27.2 |
UNITED STATES | | | 4.1 | 22.1 | 31.6 | 26.6 | 25.3 | |
Other | 0.9 | 0.5 | | | | | | 2.9 |
Total revenues [+] | 1.2 | 0.5 | 5.5 | 24.5 | 32.9 | 27.5 | 27.2 | 30.1 |
Grants | | | | | | | | 1.3 |
Revenue growth [+] | 120.5% | -90.4% | -77.4% | -25.5% | 19.3% | 1.2% | -9.7% | 6.6% |
Agri-Energy | 380.0% | -98.7% | -82.5% | | | | | |
Transferred at Point in Time | | | -78.3% | -25.5% | 20.3% | 2.9% | | |
Gevo Development / Agri-Energy | | | | | 19.7% | 6.7% | -9.0% | 15.6% |
UNITED STATES | | | -81.6% | -30.0% | 19.2% | 4.8% | | |
Ethanol Sales and Related Products | | | -82.8% | -30.1% | 20.4% | 6.8% | | |
Cost of goods sold | 23.4 | 18.3 | 15.0 | 36.7 | 41.6 | 38.2 | 37.0 | 38.8 |
Gross profit | -22.2 | -17.7 | -9.5 | -12.2 | -8.7 | -10.6 | -9.8 | -8.6 |
Gross margin | -1887.9% | -3327.4% | -171.0% | -50.0% | -26.5% | -38.6% | -36.0% | -28.6% |
Selling, general and administrative [+] | 39.9 | 25.5 | 11.2 | 9.8 | 8.1 | 7.5 | 9.0 | 16.7 |
General and administrative | 39.9 | 25.5 | | | | | | |
Research and development | 7.4 | 6.8 | 3.5 | 3.9 | 5.4 | 5.2 | 5.2 | 6.6 |
Other operating expenses | -0.5 | -5.1 | 1.1 | 0.2 | | | | |
EBITDA [+] | -69.1 | -44.9 | -19.6 | -19.7 | -15.7 | -16.6 | -17.2 | -25.4 |
EBITDA growth | 53.9% | 129.5% | -0.7% | 25.6% | -5.8% | -3.5% | -32.0% | -27.3% |
EBITDA margin | -5876.8% | -8417.6% | -353.2% | -80.4% | -47.7% | -60.4% | -63.3% | -84.1% |
Depreciation | 6.6 | 4.8 | 5.9 | 6.5 | 6.5 | 6.6 | 6.7 | 6.6 |
EBITA | -75.6 | -49.7 | -25.4 | -26.2 | -22.2 | -23.3 | -24.0 | -31.9 |
EBITA margin | -6437.4% | -9323.5% | -459.5% | -106.9% | -67.6% | -84.6% | -88.1% | -105.9% |
Amortization of intangibles | 1.3 | 0.3 | 0.0 | 0.2 | | | | |
EBIT [+] | -76.9 | -50.0 | -25.5 | -26.3 | -22.2 | -23.3 | -24.0 | -31.9 |
EBIT growth | 53.9% | 96.4% | -3.4% | 18.7% | -4.6% | -2.9% | -24.9% | -19.7% |
EBIT margin | -6548.0% | -9379.7% | -459.8% | -107.6% | -67.6% | -84.6% | -88.1% | -105.9% |
Non-recurring items [+] | 25.7 | 10.3 | 1.5 | 0.0 | | | | |
Loss (gain) on sale of assets | 0.5 | 5.1 | 0.6 | 0.0 | | | | |
Interest expense | 1.2 | 0.3 | 2.1 | 2.7 | 3.2 | 3.0 | 7.8 | 8.2 |
Interest expense | 1.2 | 0.3 | 2.1 | 2.7 | 3.2 | 3.0 | 7.8 | 8.2 |
Other income (expense), net [+] | 5.8 | 1.3 | -11.1 | 0.4 | -2.5 | 1.6 | -5.4 | 4.0 |
Gain (loss) on debt retirement | | 0.6 | | | -2.2 | -4.9 | -0.8 | 0.2 |
Other | 2.8 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 |
Pre-tax income | -98.0 | -59.2 | -40.2 | -28.7 | -28.0 | -24.6 | -37.2 | -36.2 |
Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Net income | -98.0 | -59.2 | -40.2 | -28.7 | -28.0 | -24.6 | -37.2 | -36.2 |
Net margin | -8341.0% | -11107.5% | -725.9% | -117.0% | -85.1% | -89.4% | -136.8% | -120.1% |
|
Basic EPS [+] | ($0.44) | ($0.30) | ($0.71) | ($2.35) | ($5.74) | ($30.23) | ($193.52) | ($51.61) |
Growth | 46.3% | -57.2% | -70.0% | -59.0% | -81.0% | -84.4% | 274.9% | -66.3% |
Diluted EPS [+] | ($0.44) | ($0.30) | ($0.71) | ($2.35) | ($5.74) | ($30.23) | ($193.52) | ($51.61) |
Growth | 46.3% | -57.2% | -70.0% | -59.0% | -81.0% | -84.4% | 274.9% | -66.3% |
|
Shares outstanding (basic) [+] | 221.5 | 195.8 | 56.9 | 12.2 | 4.9 | 0.8 | 0.2 | 0.7 |
Growth | 13.1% | 244.2% | 367.1% | 149.7% | 498.5% | 323.6% | -72.6% | 161.4% |
Shares outstanding (diluted) [+] | 221.5 | 195.8 | 56.9 | 12.2 | 4.9 | 0.8 | 0.2 | 0.7 |
Growth | 13.1% | 244.2% | 367.1% | 149.7% | 498.5% | 323.6% | -72.6% | 161.4% |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |