Futurefuel | 8-K: FY2025 Q3 Revenue: USD 22.69 M

Revenue: As of FY2025 Q3, the actual value is USD 22.69 M.

EPS: As of FY2025 Q3, the actual value is USD -0.21.

EBIT: As of FY2025 Q3, the actual value is USD -10.56 M.

Financial Data and Outlook Summary

Segment Revenue

• Total Revenue: $22.7 million for Q3 2025, a decrease of 56% from $51.1 million in Q3 2024.
• Nine Months Revenue: $75.9 million for the first nine months of 2025, a decrease of 58% from $181.8 million in the same period of 2024.
• Chemical Revenue: $15.6 million for Q3 2025, down from $17.9 million in Q3 2024.
• Biofuel Revenue: $7.1 million for Q3 2025, down from $33.2 million in Q3 2024.

Operational Metrics

• Net Loss: $9.3 million for Q3 2025, compared to net income of $1.2 million in Q3 2024.
• Nine Months Net Loss: $37.4 million for the first nine months of 2025, compared to net income of $12.7 million in the same period of 2024.
• Adjusted EBITDA: - $6.8 million for Q3 2025, down from - $1.0 million in Q3 2024.
• Nine Months Adjusted EBITDA: - $32.7 million for the first nine months of 2025, down from $13.0 million in the same period of 2024.
• Loss from Operations: - $9.7 million for Q3 2025, compared to - $2.9 million in Q3 2024.
• Nine Months Loss from Operations: - $40.5 million for the first nine months of 2025, compared to $4.8 million in the same period of 2024.

Cash Flow

• Operating Cash Flow: - $1.3 million for the first nine months of 2025, compared to $41.4 million in the same period of 2024.
• Capital Expenditures: $14.8 million for the first nine months of 2025, compared to $10.6 million in the same period of 2024.
• Cash and Cash Equivalents: $85.6 million as of September 30, 2025, compared to $109.5 million as of December 31, 2024.

Unique Metrics

• RINs Held: 0.4 million RINs with a fair market value of $361 as of September 30, 2025, compared to 5.0 million RINs with a fair market value of $2,556 as of September 30, 2024.

Outlook / Guidance

• FutureFuel is focusing on managing its cost structure amid biodiesel market headwinds and investing in plant reliability to drive chemical segment market share and sustainable revenue growth.
• The company expects to restart biodiesel production in late Q4 2025, leveraging a record soybean oil harvest to potentially reduce input costs.
• FutureFuel has a strong backlog of new projects in its chemicals business, with new production expected to ramp up in 2026 and debottlenecking projects coming online over the next few quarters.