Financials Gevo, Inc.

Equities

GEVO

US3743964062

Renewable Fuels

Market Closed - Nasdaq Other stock markets 04:00:00 2025-07-11 pm EDT			5-day change	1st Jan Change
1.490 ^USD	-5.70%		-0.67%	-28.71%

Jul. 09	Gevo, Inc. - Special Call
Jun. 30	Gevo, Inc.(NasdaqCM:GEVO) added to Russell 3000 Value Index	CI

Projected Income Statement: Gevo, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	5.536	0.711	1.175	17.2	16.92	165.3	182	194.7
Change	-	-87.16%	65.26%	1,363.83%	-1.66%	877.17%	10.13%	6.95%
EBITDA ¹	-18.3	-45.09	-53.12	-45.74	-57.79	33.46	34.88	40.18
Change	-	-146.32%	-17.8%	13.88%	-26.35%	157.89%	4.24%	15.21%
EBIT ¹	-26.34	-60.09	-102.7	-81.84	-90.82	-51.44	-16.03	-10.28
Change	-	-128.18%	-70.89%	20.31%	-10.98%	43.36%	68.83%	35.89%
Interest Paid ¹	-2.094	-0.251	-1.167	-2.161	-3.879	-11.21	-10.37	-18.62
Earnings before Tax (EBT) ¹	-40.19	-59.2	-98.01	-66.22	-78.64	-56.47	-20.8	-16.47
Change	-	-47.32%	-65.54%	32.44%	-18.76%	28.19%	63.17%	20.82%
Net income ¹	-40.19	-59.2	-98.01	-66.22	-78.64	-56.36	-20.71	-16.59
Change	-	-47.32%	-65.54%	32.44%	-18.76%	28.33%	63.26%	19.9%
Announcement Date	3/17/21	2/24/22	3/9/23	3/7/24	3/27/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4
Net sales ¹	0.988	0.192	0.531	0.093	0.422	0.142	0.054	0.232	0.089	0.309	0.545	4.06	4.238	4.528	4.374	3.99	5.26	1.965	5.7	29.11	43.68	45.99	46.51
Change	-	-80.57%	176.56%	-82.49%	353.76%	-66.35%	-61.97%	329.63%	-61.64%	247.19%	76.38%	644.95%	4.38%	6.84%	-3.4%	-8.78%	31.83%	-62.64%	190.08%	410.68%	50.04%	5.31%	1.12%
EBITDA ¹	-3.127	-3.953	-5.07	-7.804	-17.11	-9.306	-10.87	-10.26	-10.95	-37.79	-18.86	-11.6	-10.22	-11.6	-12.52	-14.46	-15.29	-16.73	-11.32	-15.35	-4.9	-2.451	1.018
Change	-	-26.42%	-28.26%	-53.93%	-119.21%	45.6%	-16.82%	5.67%	-6.82%	-245.01%	50.09%	38.48%	11.95%	-13.53%	-7.94%	-15.46%	-5.73%	-9.43%	32.32%	-35.59%	68.08%	49.98%	141.53%
EBIT ¹	-5.257	-6.103	-6.999	-9.878	-19.02	-14.71	-16.48	-15.96	-16.12	-43.67	-26.95	-20.86	-18.92	-20.73	-21.34	-23.14	-24.03	-24.01	-19.65	-20.14	-12.66	-9.644	-9.946
Change	-	-16.09%	-14.68%	-41.13%	-92.57%	22.66%	-12%	3.17%	-1%	-170.98%	38.29%	22.6%	9.31%	-9.57%	-2.95%	-8.45%	-3.84%	0.09%	18.17%	-2.51%	37.13%	23.83%	-3.13%
Charge d'intérêts ¹	-0.541	-0.473	-0.535	-0.005	-0.006	-0.067	-0.173	-	-	-0.712	-0.451	-	-0.536	-0.54	-0.546	-0.542	-1.113	-1.107	-1.117	-3.294	-2.566	-2.638	-2.708
Earnings before Tax (EBT) ¹	-6.043	-6.836	-18.05	-10.06	-18.25	-14.38	-16.51	-15.67	-13.16	-43.79	-25.39	-17.62	-14.42	-15.7	-18.48	-18.88	-21	-21.16	-17.61	-21.77	-13.65	-10.78	-11.22
Change	-	-13.12%	-164.1%	44.29%	-81.5%	21.22%	-14.83%	5.09%	16.03%	-232.7%	42.02%	30.6%	18.15%	-8.88%	-17.69%	-2.15%	-11.27%	-0.73%	16.78%	-23.66%	37.31%	21.03%	-4.08%
Net income ¹	-6.043	-6.836	-18.05	-10.06	-18.25	-14.38	-16.51	-15.67	-13.16	-43.79	-25.39	-17.62	-14.42	-15.7	-18.48	-18.88	-21	-21.16	-17.61	-21.73	-13.63	-10.76	-11.2
Change	-	-13.12%	-164.1%	44.29%	-81.5%	21.22%	-14.83%	5.09%	16.03%	-232.7%	42.02%	30.6%	18.15%	-8.88%	-17.69%	-2.15%	-11.27%	-0.73%	16.78%	-23.41%	37.28%	21.07%	-4.09%
Announcement Date	8/10/20	11/10/20	3/17/21	5/13/21	8/12/21	11/10/21	2/24/22	5/9/22	8/8/22	11/8/22	3/9/23	5/10/23	8/10/23	11/13/23	3/7/24	5/2/24	8/8/24	11/7/24	3/27/25	5/13/25	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Gevo, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt	-	-228	-335	-307	-	-	-	-
Change	-	-	-46.93%	8.36%	-	-	-	-
Announcement Date	3/17/21	2/24/22	3/9/23	3/7/24	3/27/25	-	-	-

Estimates

Cash Flow Forecast: Gevo, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024
CAPEX ¹	5.989	5.905	59.66	75.78	54.46	51.08
Change	-	-1.4%	910.36%	27.01%	-28.14%	-6.19%
Free Cash Flow (FCF) ¹	-19.12	-14.22	-94.64	-81.52	-150	-1.133
Change	-	25.64%	-565.51%	13.86%	-84.02%	99.24%
Announcement Date	3/17/20	3/18/21	2/24/22	3/9/23	3/7/24	3/27/25

¹USD in Million

Estimates

Forecast Financial Ratios: Gevo, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	-330.65%	-6,341.49%	-4,520.43%	-265.94%	-341.67%	20.24%	19.16%	20.64%
EBIT Margin (%)	-	-475.7%	-8,451.48%	-8,739.23%	-475.78%	-536.94%	-31.12%	-8.81%	-5.28%
EBT Margin (%)	-	-725.9%	-8,326.72%	-8,341.02%	-384.97%	-464.91%	-34.17%	-11.42%	-8.46%
Net margin (%)	-	-725.9%	-8,326.72%	-8,341.02%	-384.97%	-464.91%	-34.1%	-11.38%	-8.52%
FCF margin (%)	-	-455.98%	-14,514.49%	-10,926.64%	-628.92%	-	-	-	-
FCF / Net Income (%)	-	62.82%	174.31%	131%	163.37%	-	-	-	-
Profitability
ROA	-16.44%	-13.28%	-8.39%	-7.19%	-7.57%	-8.69%	-	-	-
ROE	-35.54%	-36.72%	-17.07%	-17%	-11.39%	-15.02%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	106.67%	8,391.28%	6,448.94%	316.6%	302.01%	-	-	-
CAPEX / EBITDA (%)	-	-32.26%	-132.32%	-142.66%	-119.05%	-88.39%	-	-	-
CAPEX / FCF (%)	-	-23.39%	-57.81%	-59.02%	-50.34%	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-0.2224	-0.2375	-0.225	-	-	-	-
Change	-	-	-	-6.81%	5.26%	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	1.142	2.709	2.553	2.318	2.047	-	-	-
Change	-	-	137.17%	-5.77%	-9.22%	-11.69%	-	-	-
EPS ¹	-	-0.71	-0.3	-0.44	-0.28	-0.34	-0.245	-0.085	-0.07
Change	-	-	57.75%	-46.67%	36.36%	-21.43%	27.94%	65.31%	17.65%
Nbr of stocks (in thousands)	-	114,888	195,068	231,851	234,381	231,186	232,252	232,252	232,252
Announcement Date	-	3/17/21	2/24/22	3/9/23	3/7/24	3/27/25	-	-	-