Green Plains, Inc. · NASDAQ:GPRE
Green Plains — Q4 2024 Earnings Presentation
11 slides from Green Plains's earnings presentation, Feb 7, 2025
Slide 1: Fourth Quarter 2024 Business Update
Fourth Quarter 2024 Business Update February 7, 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: Fourth Quarter 2024 Results
Fourth Quarter 2024 Results Results of Operations • Net loss attributable to Green Plains of $54.9 million, or EPS of $(0.86) per diluted share • EBITDA of $(18.9) million • Cash and cash equivalents, and restricted cash of $209.4 million and $200.7 million available under a committed credit facilit
Slide 4: Business Activity & Updates
Business Activity & Updates • The Board of Directors and its financial and legal advisors continue to work on the strategic review process as evidenced by the corporate reorganization and cost reduction initiative • Platform run rate of 92% including Mount Vernon’s extended shutdown in October • Ach
Slide 5: Selected Operating Data
Selected Operating Data (in thousands) For the three months ended December 31, 2024 2023 Ethanol production Ethanol (gallons) 209,540 215,717 Distillers grains (equivalent dried tons) 469 479 Ultra-High Protein (tons) 54 66 Renewable corn oil (pounds) 73,376 72,934 Corn consumed (bushels) 71,221 74,
Slide 6: Consolidated Crush Margin
Consolidated Crush Margin For the three months ended December 31, 2024 2023 (in millions) Ethanol production Operating income (loss) (1) (40.1) $ 23.2 Depreciation and amortization 20.2 23.1 Total adjusted ethanol production $ (19.9) $ 46.3 Intercompany fees and nonethanol operating activities, net
Slide 7: Condensed Consolidated Income Statement
Condensed Consolidated Income Statement (in millions, except per share amounts) For the three months ended December 31, 2024 2023 Revenues $ 584.0 $ 712.4 Costs and expenses 624.9 696.1 Operating income (loss) $ (40.9) $ 16.3 Other expense (5.5) (4.5) Income tax benefit (expense) (7.0) 0.3 Loss from
Slide 8: Select Balance Sheet Data
Select Balance Sheet Data (in millions, except per share amounts) For the period ending Dec. 31, 2024 Dec. 31, 2023 Cash and cash equivalents, and restricted cash $ 209.4 $ 378.8 Working capital $ 141.6 $ 99.7 Working capital financing (1) (140.8) (106.0) Working capital, net $ 0.8 $ (6.3) 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 December 31, 2024 2023 Net income (loss) $ (54.7) $ 12.0 Interest expense 7.7 8.7 Income tax expense (benefit), net of equity method income taxes 6.6 (0.3) Depreciation and amortization (1) 21.5 24.3 EBITDA $ (18.9) $ 44.7 Loss on sale
Slide 11: Thank you
Thank you gpreinc.com 11 GREEN PLAINS INC.