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GRANITE FALLS ENERGY, LLC

(GFGY)
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GRANITE FALLS ENERGY, LLC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)

12/21/2020 | 04:24pm EST

ITEM 2.02 - RESULTS OF OPERATIONS AND FINANCIAL CONDITION AND

ITEM 7.01 - REGULATION FD DISCLOSURE

On or about December 17, 2020, Granite Falls Energy, LLC (the "Company") sent a letter to its members announcing its estimate of the income tax liability of members for its tax year ended December 31, 2020. A copy of this letter is furnished as Exhibit 99.1 to this report.

The information in Items 2.02 and 7.01 of this Current Report, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, regardless of any general incorporation language contained in such filing.

ITEM 9.01 - Financial Statements and Exhibits



(a)None.



(b)None.



(c)None.



(d)Exhibits.



Exhibit No.Description

99.1Letter to the Members of the Company dated December 17, 2020

© Edgar Online, source Glimpses

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Financials (USD)
Sales 2020 165 M - -
Net income 2020 -13,3 M - -
Net Debt 2020 26,8 M - -
P/E ratio 2020 -4,15x
Yield 2020 -
Capitalization 36,7 M 36,7 M -
EV / Sales 2019 0,27x
EV / Sales 2020 0,50x
Nbr of Employees -
Free-Float 65,4%
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Income Statement Evolution
Managers and Directors
Jeffrey N. Oestmann Chief Executive Officer
Stacie Schuler Chief Financial Officer & Controller
Paul Enstad Chairman-Governors Board
Robin Spaude Member-Governors Board
Rodney R. Wilkison Vice Chairman-Governors Board
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