Aemetis vs NLI Holdings
Aemetis is the larger business, with $198m of revenue in fiscal 2025 against $158m for NLI Holdings (1.2 times as much). NLI Holdings grew faster (8.5% against -26.2%). NLI Holdings kept more of each dollar of sales as profit: a net margin of -23.9% against -39.0%.
| Latest fiscal year | AemetisAMTX, 2025 | NLI HoldingsNL, 2025 |
|---|---|---|
| Revenue | $198m | $158m |
| Revenue growth | -26.2% | 8.5% |
| Net income | −$77.0m | −$37.8m |
| Operating margin | -18.8% | 6.7% |
| Net margin | -39.0% | -23.9% |
| Return on equity | — | -10.0% |
| Free cash flow | −$22.7m | −$40.1m |
| Cash | $4.9m | $111m |
| Total debt | $383m | $0 |
| Debt to equity | — | 0.0% |
| Dividend per share | — | $0.57 |
| Dividend yield | — | 5.5% |
| Share buybacks | — | — |
| Employees | 220 | — |
| Market value | $81.1m | $342m |
| Price vs our value range | — | Above our value range |
| Moat score | 25 (Weak) | 42 (Weak) |
| Insider trades, 12 months | 0 buys, 1 sales | 0 buys, 0 sales |