PEKIN, Ill., May 01, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO) a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced it will release its first quarter 2025 financial results after the close of market on Wednesday, May 7, 2025. Management will host a conference call at 2:00 p.m. Pacific Time / 5:00 p.m. Eastern Time and will deliver prepared remarks via webcast followed by a question-and-answer session. How to participate: To liste ...

PEKIN, Ill., March 18, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, today announced that two long-standing directors, Douglas L. Kieta and Michael D. Kandris, have decided they will not stand for reelection to the Alto Ingredients Board of Directors at the company’s 2025 Annual Meeting of Stockholders, scheduled for June 25, 2025. Bryon McGregor, President and Chief Executive Officer of Al ...

PEKIN, Ill., March 18, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, today announced that it has entered into a letter agreement (the “Letter Agreement”) with Bradley L. Radoff and Michael Torok (collectively with their affiliates, the “Radoff/Torok Group”), under which the Radoff/Torok Group has agreed that during the period commencing on the date of the Letter Agreement until the date tha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 000-21467 ALTO INGREDIENTS, INC. (Exact name of registrant as specified in its charter) | Delaware | 41-2170618 | | --- | --- | | (State ...

Financial Data and Key Metrics Changes - For Q4 2024, the company reported a consolidated net loss of $41.7 million, which included $30.5 million in asset impairments and acquisition-related expenses, compared to a net loss of $18.9 million in Q4 2023 [39] - Adjusted EBITDA for Q4 2024 was negative $7.7 million, a decline from positive $3.5 million in Q4 2023 [39] - The company sold 95.1 million gallons in Q4 2024, an increase from 92.5 million gallons in Q4 2023, but the average sales price per gallon dropped to $1.88 from $2.24 year-over-year [34] Business Line Data and Key Metrics Changes - The company cold idled the Magic Valley facility, leading to a significant impairment charge of $21.4 million for this plant in Q4 2024 [38] - The Eagle Alcohol operations were rationalized, resulting in a reduction of headcount and a focus on turning remaining operations into a profitable service center [16][31] - The Pekin campus production volume increased by 3.8 million gallons over the prior year, demonstrating the effectiveness of maintenance programs [27] Market Data and Key Metrics Changes - Market crush margins declined nearly $0.18, resulting in an $8.7 million adverse impact to gross profit [35] - Low carbon fuel credit prices were down compared to the previous year but showed improvement from Q3 2024 [35] - The company began exporting certified renewable fuel to European markets in Q4 2024, anticipating further expansion in 2025 [29] Company Strategy and Development Direction - The company is considering a range of strategic options, including asset sales and mergers, to maximize shareholder value [12][57] - The acquisition of Kodiak Carbonic for over $7 million is expected to bolster economics and increase asset valuation at the Columbia facility [19] - The company aims to balance production levels between specialty alcohol and ISCC products to maximize margins [30] Management's Comments on Operating Environment and Future Outlook - Management acknowledged challenging market conditions in Q4 2024, with crush margins down compared to the prior quarter and year [12] - The company is optimistic about 2025, citing improved performance at the Pekin wet mill and the synergistic acquisition of the CO2 processing facility [42] - Management emphasized the importance of exceeding customer expectations and maximizing the value of specialty alcohol and essential ingredients [43] Other Important Information - The company expects to save approximately $8 million annually from cost-cutting initiatives, which will improve the bottom-line run rate and manage liquidity [18] - The company recorded $34.6 million in repairs and maintenance expenses in line with its 2024 estimate [41] - The company has a cash balance of $35 million and total loan borrowing availability of $88 million as of December 31, 2024 [41] Q&A Session Summary Question: How is the company planning to balance carbon sequestration versus high-premium carbon dioxide for the beverage industry? - Management indicated that while there are opportunities for carbon sequestration, the unique market conditions in the Pacific Northwest make the carbonic structure beneficial for long-term contracts [48] Question: Is the site certified for the 45Q incentives? - Management stated that the facility is very close to qualifying for the 45Q incentives, with ongoing work needed [50] Question: What is the expected ratio of specialty alcohol sent to the EU versus domestic markets? - Management explained that the pricing varies by country in the EU, and the goal is to continue achieving high volumes while optimizing profitability [52][54] Question: How far along are discussions regarding asset sales or mergers? - Management confirmed that all options are being considered to maximize shareholder value, but specific details on M&A activities were not disclosed [56] Question: What is the timeline for the CCUS project and its potential contributions? - Management indicated that the EPA permit process could take two years, followed by an additional one to two years for construction, potentially leading to contributions by 2029 or 2030 [66]

Elevating Essential Products Leading producer of specialty alcohols and high quality ingredients. Q4 2024 INVESTOR PRESENTATION reported on MARCH 5, 2025 1 Safe Harbor Statement Statements and information contained in this communication that refer to or include Alto Ingredients' estimated or anticipated future results or other non- historical expressions of fact are forward-looking statements that reflect Alto Ingredients' current perspective of existing trends and information as of the date of the communic ...

Exhibit 99.1 Alto Ingredients, Inc. Reports Fourth Quarter and Year-end 2024 Results - Implemented Cost Savings Expected to Yield Approximately $8 Million Annually - - Integrated Accretive Acquisition of a Beverage-grade Liquid CO2 Processor - - Considering Asset Sales, a Merger or Other Strategic Transactions - Pekin, IL, March 5, 2025 – Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, reported its financial results ...

- Implemented Cost Savings Expected to Yield Approximately $8 Million Annually - - Integrated Accretive Acquisition of a Beverage-grade Liquid CO2 Processor -- Considering Asset Sales, a Merger or Other Strategic Transactions - PEKIN, Ill., March 05, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, reported its financial results for the quarter and year ended December 31, 2024. Bryon McGregor, ...

PEKIN, Ill., March 04, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, announced that management plans to participate at the 37th Annual Roth Conference on March 16th-18th. The conference is being held at The Laguna Cliffs Marriott in Dana Point, CA Management will conduct one-on-one meetings on March 17th. Interested investors should contact their ROTH representative or Kirsten Chapman of Alli ...

Core Insights - Alto Ingredients, Inc. will release its fourth quarter and year-end 2024 financial results on March 5, 2025, after market close [1] - A conference call will be held on the same day at 2:00 p.m. Pacific Time, featuring prepared remarks and a Q&A session [2] - The company specializes in producing and distributing specialty alcohols, renewable fuels, and essential ingredients across various markets [3] Company Overview - Alto Ingredients, Inc. is a leading producer and distributor in the specialty alcohols and renewable fuels sectors [3] - The company serves a diverse range of markets including Health, Home & Beauty; Food & Beverage; Industry & Agriculture; Essential Ingredients; and Renewable Fuels [3] - For further information, the company’s website is available at www.altoingredients.com [3] Investor Relations - Media and investor relations contacts are provided for inquiries, including Michael Kramer from Alto Ingredients and Kirsten Chapman from Alliance Advisors [4] - The conference call will be archived for replay on the company’s website for one year, with a telephonic replay available for one week following the call [2]