Green Plains, Inc. · NASDAQ:GPRE
Green Plains — Q1 2025 Earnings Presentation
11 slides from Green Plains's earnings presentation, May 8, 2025
Slide 1: First Quarter 2025 Business Update
First Quarter 2025 Business Update May 8, 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: First Quarter 2025 Results
First Quarter 2025 Results Results of Operations • Net loss attributable to Green Plains of $72.9 million, or EPS of $(1.14) per diluted share • Adjusted EBITDA of $(24.2) million • Cash and cash equivalents, and restricted cash of $126.6 million and $204.5 million available under a committed credit
Slide 4: Business Activity & Updates
Business Activity & Updates • Commenced construction on compression infrastructure for our carbon capture and storage initiative in Nebraska, keeping the project on track for start-up in the fourth quarter of 2025 • Selected Eco-Energy, LLC as our ethanol marketer in April 2025 to deliver scale, opt
Slide 5: Selected Operating Data
Selected Operating Data (in thousands) For the three months ended March 31, 2025 2024 Ethanol production Ethanol (gallons) 195,328 207,904 Distillers grains (equivalent dried tons) 417 469 Ultra-High Protein (tons) 68 60 Renewable corn oil (pounds) 64,263 66,721 Corn consumed (bushels) 66,264 71,274
Slide 6: Consolidated Crush Margin
Consolidated Crush Margin For the three months ended March 31, 2025 2024 (in millions) Ethanol production Operating loss (1) $ (39.6) $ (33.6) Depreciation and amortization 21.1 20.5 Adjusted ethanol production operating loss $ (18.5) $ (13.1) Intercompany fees and nonethanol operating activities, n
Slide 7: Condensed Consolidated Income Statement
Condensed Consolidated Income Statement (in millions, except per share amounts) For the three months ended March 31, 2025 2024 Revenues $ 601.5 $ 597.2 Costs and expenses 663.8 642.1 Operating loss $ (62.3) $ (44.9) Other expense (9.4) (4.8) Income tax expense (0.1) (0.3) Loss from equity method inv
Slide 8: Select Balance Sheet Data
Select Balance Sheet Data (in millions, except per share amounts) For the period ending Mar. 31, 2025 Dec. 31, 2024 Cash and cash equivalents, and restricted cash $ 126.6 $ 209.4 Working capital $ 160.8 $ 141.6 Working capital financing (1) (137.4) (140.8) Working capital, net $ 23.4 $ 0.8 Net inves
Slide 9: Appendix
Appendix 9 GREEN PLAINS INC.
Slide 10: Non-GAAP Reconciliation
Non-GAAP Reconciliation (in millions) For the three months ended March 31, 2025 2024 Net loss $ (72.6) $ (51.1) Interest expense 8.9 7.8 Income tax expense (benefit), net of equity method income taxes (0.2) 0.3 Depreciation and amortization (1) 22.4 21.5 EBITDA $ (41.5) $ (21.5) Restructuring costs
Slide 11: Thank you
Thank you gpreinc.com 11 GREEN PLAINS INC.