Green Plains, Inc. · NASDAQ:GPRE
Green Plains — Q2 2025 Earnings Presentation
17 slides from Green Plains's earnings presentation, Aug 11, 2025
Slide 1: Second Quarter 2025 Business Update
Second Quarter 2025 Business Update August 11, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes forward-looking statements that reflect management’s current views of company performance, industry conditions and future economic environment. These statements are based on assumptions and various factors that are subject to risks and uncertaint
Slide 3: Second Quarter 2025 Results
Second Quarter 2025 Results Results of Operations • Net loss attributable to Green Plains of $(72.2) million, or EPS of $(1.09) per diluted share • Adjusted EBITDA of $16.4 million • Cash and cash equivalents, and restricted cash of $152.7 million and $258.5 million available under a committed credi
Slide 4: Business Activity & Updates
Business Activity & Updates • Carbon capture infrastructure equipment delivered and construction progressing, keeping the project on track for start-up early in the fourth quarter of 2025 • Decarbonization strategy anticipated to exceed prior guidance with additional opportunities available • Delive
Slide 5: Selected Operating Data
Selected Operating Data (in thousands) For the three months ended June 30, 2025 2024 Ethanol production Ethanol (gallons) 193,571 208,483 Distillers grains (equivalent dried tons) 413 463 Ultra-High Protein (tons) 66 65 Renewable corn oil (pounds) 65,231 73,630 Corn consumed (bushels) 65,312 71,819
Slide 6: Consolidated Crush Margin
Consolidated Crush Margin For the three months ended June 30, 2025 2024 (in millions) Ethanol production Operating loss (1) $ (12.2) $ (2.2) Depreciation and amortization 22.9 20.5 Impairment of assets held for sale 10.7 — Total adjusted ethanol production operating income $ 21.4 $ 18.3 Intercompany
Slide 7: Condensed Consolidated Income Statement
Condensed Consolidated Income Statement (in millions, except per share amounts) For the three months ended June 30, 2025 2024 Revenues $ 552.8 $ 618.8 Costs and expenses 581.1 636.5 Operating loss $ (28.3) $ (17.7) Other expense (13.3) (5.7) Income tax (expense) benefit (2.3) 0.3 Loss from equity me
Slide 8: Select Balance Sheet Data
Select Balance Sheet Data (in millions, except per share amounts) For the period ending Jun. 30, 2025 Dec. 31, 2024 Cash and cash equivalents, and restricted cash $ 152.7 $ 209.4 Working capital (1) $ 128.9 $ 141.6 Working capital financing (2) (117.2) (140.8) Working capital, net $ 11.7 $ 0.8 Net i
Slide 9: Appendix
Appendix 9 GREEN PLAINS INC.
Slide 10: Non-GAAP Reconciliation
Non-GAAP Reconciliation (in millions) For the three months ended June 30, 2025 2024 Net loss $ (72.2) $ (24.0) Interest expense 13.8 7.5 Income tax expense (benefit), net of equity method income taxes 1.9 (0.3) Depreciation and amortization (1) 27.6 21.6 EBITDA $ (28.9) $ 4.8 Restructuring costs 2.5
Slide 11: Required Disclosure of Slides from a Lender Presentation
Required Disclosure of Slides from a Lender Presentation The following slides were included as part of a presentation with prospective financing providers and are required to be disclosed as part of certain agreements. These slides may include expectations and assumptions that are subject to risks a
Slide 12: Executive Summary
EXECUTIVE SUMMARY What Green Plains is Today … OPERATIONAL AREAS OPERATIONAL MAP Capacity of ~890MM(1) gallons of ethanol annually across 10 biorefineries Low-Carbon Fuels MN (Ethanol and Capacity of ~2MM+ of equivalent dried tons of distillers grain annually ND Casselton Renewable Corn Oil) MT Rene
Slide 13: Asset Summary Matrix
EXECUTIVE SUMMARY Asset Summary Matrix NEBRASKA ADVANTAGE SUMMIT CARBON SOLUTION (SCS) CONNECTIONS OTHER PLANTS Central City Wood River York Fairmont Otter Tail Shenandoah Superior Madison Mount Vernon Obion (NE) (NE) (NE) (MN) (MN) (IA) (IA) (IL) (IN) (TN) Ethanol Capacity (MMgy) 115 110 53 108 68
Slide 14: Green Plains is a Scaled, Strategic Decarbonization Play
BUSINESS / OPERATIONS OVERVIEW Green Plains is a Scaled, Strategic Decarbonization Play With Projects in Advanced Stages The strategic location of the Advantage Nebraska plants presents a menu of opportunities for carbon reduction operations, representing ~830k tons of CO2 capture and sequestration
Slide 15: Opportunity to Invest in a Platform
INDUSTRY HIGHLIGHTS Opportunity to Invest in a Platform with ~320MM lbs of DCO Production Capacity and Growing 1.8 lbs of renewable corn oil exist in every bushel – MSCTM technology allows Green Plains to capture 1.1 lbs, resulting in renewable corn oil production capacity of ~340MMlbs(1) annually R
Slide 16: Company-Wide Upgrades Driving Higher Margins
ASSET SUMMARY OVERVIEW Company-Wide Upgrades Driving Higher Margins Across the Portfolio Transformation through Green Plains’ acquired technology and ongoing partnerships allow the Company to diversify and stabilize revenue sources, driving higher margins in valuation Ethanol Renewable Corn Oil 50-P
Slide 17: Thank you
Thank you gpreinc.com 17 GREEN PLAINS INC.