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Alto Ingredients Inc   (ALTO)
Other Ticker:  
 
 
Price: $1.9800 $-0.02 -1.000%
Day's High: $2.0275 Week Perf: -10.81 %
Day's Low: $ 1.95 30 Day Perf: -2.94 %
Volume (M): 880 52 Wk High: $ 4.98
Volume (M$): $ 1,742 52 Wk Avg: $2.75
Open: $1.98 52 Wk Low: $1.20



 Market Capitalization (Millions $) 142
 Shares Outstanding (Millions) 72
 Employees -
 Revenues (TTM) (Millions $) 1,297
 Net Income (TTM) (Millions $) -66
 Cash Flow (TTM) (Millions $) -71
 Capital Exp. (TTM) (Millions $) 46

Alto Ingredients Inc
Alto Ingredients Inc is a leading producer of specialty chemicals and food ingredients. The company provides a wide range of products to various industries such as pharmaceutical, personal care, and food and beverage. Their offerings include ethanol, esters, oils, and other specialty chemicals. Alto Ingredients Inc is known for their commitment to quality, innovation, and sustainable practices in their manufacturing process.


   Company Address: 1300 South Second Street Pekin 61554 IL
   Company Phone Number: 403-2123   Stock Exchange / Ticker: NASDAQ ALTO
   


Customers Net Income fell by ALTO's Customers Net Profit Margin fell to

-25.89 %

4.6 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CRDE      0% 
FF        23.21% 
GPRE   -3.06%    
LKCRU   -3.06%    
REGX   -3.06%    
REX        1.49% 
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Partnership

Alto Ingredients Partners with Vault to Spearhead Carbon Capture and Storage Initiative, Paving the Way for a Sustainable Future

Published Mon, Mar 11 2024 8:02 PM UTC

Alto Ingredients, Inc. Enters Letter of Intent with Vault to Advance Carbon Capture and Storage InitiativeAlto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of renewable fuel and essential ingredients, has recently announced its entry into an exclusive nonbinding letter of intent with Vault 44.01 (Vault) to develop a carbon capture and storage (CCS) pr...

Financing Agreement

Alto Ingredients, Inc. Extends Term Loan Commitment Period, Working Towards Stabilizing Quick Ratio Metrics

Published Wed, Dec 6 2023 1:30 PM UTC


Alto Ingredients, Inc., a leading producer and distributor of specialty alcohols and essential ingredients, has announced an amendment to extend the commitment period for undrawn capital under its senior secured term loan facility. The company has secured this extension with certain funds managed by Orion Infrastructure Capital (OIC) and the commitment period is now ext...

Alto Ingredients Inc

Alto Ingredients Inc Battles Financial Setbacks in Q2 2023: Income and Revenue Plummet

Alto Ingredients Inc: A Look at the Q2 2023 Financial Report
Alto Ingredients Inc recently released its financial report for the April to June 30, 2023 time-frame, revealing a mixed bag of results. The company's income per share took a significant hit, dropping by 65.52% to $0.10 per share compared to $0.29 per share in the same period the previous year. However, it is worth noting that this represents an improvement from the negative income per share of $-0.18 reported in the previous reporting season.
The company's revenue also experienced a decline, with a decrease of 12.395% to $317.30 million from $362.19 million in the similar reporting season a year ago. However, there was a sequential growth of 1.085% from the previous quarter's revenue of $313.89 million. These figures indicate a challenging market environment for Alto Ingredients Inc, as it struggled to maintain its revenue levels.

Alto Ingredients Inc

Alto Ingredients Inc's Q1 2023 Financial Report: Surprising Deficit Despite Revenue Growth

Alto Ingredients Inc, recorded a cumulative net loss of $-52 million during the 12 months ending in the first quarter of 2023, resulting in a negative return on assets (ROA) of -10.84%. This might raise alarm bells for potential investors, but it's essential to understand the broader context. Firstly, within the Basic Materials sector, 175 other companies had a higher return on assets. Return on assets measures a company's profitability, by illustrating how much profit it generates from its assets and investments.
The overall ranking has improved in the Mar 31 2023 quarter to 2301 from the total ROA ranking in the fourth quarter of 2022 at 3642. This means that the company's profitability has improved, though it's not yet necessarily at the level it should be. It is important to remember that the company's growth might take time to reflect on financial statements, and investors need to have patienceFor the financial interval ending March 31 2023, the company's net loss was $-13.166 million, an increase from $-2.602 million a year ago. However, Income per Share has improved from $-0.47 per share from the previous reporting period. It means that the company's losses have increased, but there is still positive news in terms of sales of equity. The net deficit of $-13.166 million is a concern, but it is worth noting that the company's revenue has also grown gently by 1.874% to $313.89 million from $308.12 million in the same reporting period a year ago. Although revenue has decreased sequentially by -4.429% from $328.44 million.
It's essential to remember that the Basic Materials sector experienced various unprecedented events, such as supply chain disruption and labor shortages, due to COVID-19 and global recession, which affected the sector's performance. Although the adverse effects of the pandemic are receding, some of the impacts may continue to surface in the Basic Materials sector, and companies such as Alto Ingredients Inc may also feel the heat.
Alto Ingredients Inc had a stable financial position in the past, but the pandemic has hit the company hard. They still do fall short in generating profits and covering their expenses. Nonetheless, it is also necessary to consider their future growth potential, which could be significant. It will be interesting to see how the company will perform in the next quarter, which ends in August 2023. Any progress on profitability and revenue generated would be a welcomed continuation of growth to show investors.






 

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