Shares of Aemetis (NASDAQ: AMTX) soared 52% on Monday after the advanced fuels and biochemicals company issued a new five-year expansion plan.
Aemetis believes it can produce more than $1 billion in revenue and $325 million in adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) by 2025. To do so, it will need to increase its revenue and EBITDA at compound annual growth rates of 35% and 109%, respectively.
Investors are excited about Aemetis' long-term growth plan. Image source: Getty Images.
For further details see:
Why Aemetis Stock Skyrocketed Today