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ALTO Stock Price Correlated With Alto Ingredients Financials
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Income Statement
Cash Flow
Balance Sheet
ALTO Income Statement
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Revenue, Net:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
ALTO Cash Flow
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Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:
ALTO Balance Sheet
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Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
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Total Liabilities:
COMPANY PROFILE
1. ORGANIZATION AND BASIS OF PRESENTATION. Organization and Business
– The consolidated financial statements include, for all periods presented, the accounts of Alto Ingredients, Inc., a Delaware
corporation (“Alto Ingredients”), and its direct and indirect wholly-owned subsidiaries (collectively, the “Company”),
including Kinergy Marketing LLC, an Oregon limited liability company (“Kinergy”), Alto Nutrients, LLC, a California limited
liability company (“Alto Nutrients”), Alto Op Co., a Delaware corporation (“Alto Op Co.”), Alto Pekin, LLC, a
Delaware limited liability company (“Alto Pekin”) and Alto ICP, LLC, a Delaware limited liability company (“ICP”),
and the Company’s production facilities in Oregon and Idaho. On May 14, 2021 and November
4, 2021, the Company completed the sale of its production facilities located in Madera and Stockton, California, respectively. The
results of these facilities are included in the Company’s results reported for the three months ended March 31, 2021. As
discussed in Note 2, on January 14, 2022, the Company acquired 100% ownership of Eagle Alcohol Company LLC, a Missouri limited
liability company (“Eagle Alcohol”), which is now a wholly-owned subsidiary of Alto Ingredients, Inc. The results of
Eagle Alcohol since the date of the acquisition are included in the Company’s results reported for the three months ended
March 31, 2022. The Company is a leading
producer and distributor of specialty alcohols and essential ingredients. The Company also produces, markets and distributes
renewable fuel. The Company’s production facilities in Pekin, Illinois are located in the heart of the Corn Belt, benefit from
low-cost and abundant feedstock and allow for access to many additional domestic markets. In addition, the Company’s ability
to load unit trains and barges from these facilities allows for greater access to international markets. The Company’s two
production facilities in Oregon and Idaho are located in close proximity to both feed and renewable fuel ethanol customers and
thus enjoy unique advantages in efficiency, logistics and product pricing. The Company has a combined
alcohol production capacity of 350 million gallons per year and produces, on an annualized basis, nearly 1.2 million tons of
essential ingredients on a dry matter basis, such as dried yeast, corn gluten meal, corn gluten feed, and distillers grains and
liquid feed used in commercial animal feed and pet foods. In addition, the Company sells alcohols acquired from other producers, and
markets and distributes fuel-grade ethanol produced by third parties. The Company focuses on four
key markets: Health, Home & Beauty; Food & Beverage; Essential Ingredients; and Renewable Fuels.
Products for the Health, Home & Beauty market include specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers,
disinfectants and cleaners. Products for the Food & Beverage markets include grain neutral spirits used in alcoholic beverages and
vinegar as well as corn germ used for corn oils. Products for Essential Ingredients markets include yeast, corn gluten and distillers
grains used in commercial animal feed and pet foods. Renewable Fuels includes fuel-grade ethanol and distillers corn oil used as a feedstock
for renewable diesel fuel. As of March 31, 2022, all of
the Company’s production facilities were operating. As market conditions change, the Company may increase, decrease or idle production
at one or more operating facilities or resume operations at any idled facility. Basis of Presentation – Interim
Financial Statements – The accompanying unaudited consolidated financial statements and related notes have been prepared
in accordance with accounting principles generally accepted in the United States for interim financial information and the instructions
to Form 10-Q and Rule 10-01 of Regulation S-X. Results for interim periods should not be considered indicative of results for
a full year. These interim consolidated financia
– The consolidated financial statements include, for all periods presented, the accounts of Alto Ingredients, Inc., a Delaware
corporation (“Alto Ingredients”), and its direct and indirect wholly-owned subsidiaries (collectively, the “Company”),
including Kinergy Marketing LLC, an Oregon limited liability company (“Kinergy”), Alto Nutrients, LLC, a California limited
liability company (“Alto Nutrients”), Alto Op Co., a Delaware corporation (“Alto Op Co.”), Alto Pekin, LLC, a
Delaware limited liability company (“Alto Pekin”) and Alto ICP, LLC, a Delaware limited liability company (“ICP”),
and the Company’s production facilities in Oregon and Idaho. On May 14, 2021 and November
4, 2021, the Company completed the sale of its production facilities located in Madera and Stockton, California, respectively. The
results of these facilities are included in the Company’s results reported for the three months ended March 31, 2021. As
discussed in Note 2, on January 14, 2022, the Company acquired 100% ownership of Eagle Alcohol Company LLC, a Missouri limited
liability company (“Eagle Alcohol”), which is now a wholly-owned subsidiary of Alto Ingredients, Inc. The results of
Eagle Alcohol since the date of the acquisition are included in the Company’s results reported for the three months ended
March 31, 2022. The Company is a leading
producer and distributor of specialty alcohols and essential ingredients. The Company also produces, markets and distributes
renewable fuel. The Company’s production facilities in Pekin, Illinois are located in the heart of the Corn Belt, benefit from
low-cost and abundant feedstock and allow for access to many additional domestic markets. In addition, the Company’s ability
to load unit trains and barges from these facilities allows for greater access to international markets. The Company’s two
production facilities in Oregon and Idaho are located in close proximity to both feed and renewable fuel ethanol customers and
thus enjoy unique advantages in efficiency, logistics and product pricing. The Company has a combined
alcohol production capacity of 350 million gallons per year and produces, on an annualized basis, nearly 1.2 million tons of
essential ingredients on a dry matter basis, such as dried yeast, corn gluten meal, corn gluten feed, and distillers grains and
liquid feed used in commercial animal feed and pet foods. In addition, the Company sells alcohols acquired from other producers, and
markets and distributes fuel-grade ethanol produced by third parties. The Company focuses on four
key markets: Health, Home & Beauty; Food & Beverage; Essential Ingredients; and Renewable Fuels.
Products for the Health, Home & Beauty market include specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers,
disinfectants and cleaners. Products for the Food & Beverage markets include grain neutral spirits used in alcoholic beverages and
vinegar as well as corn germ used for corn oils. Products for Essential Ingredients markets include yeast, corn gluten and distillers
grains used in commercial animal feed and pet foods. Renewable Fuels includes fuel-grade ethanol and distillers corn oil used as a feedstock
for renewable diesel fuel. As of March 31, 2022, all of
the Company’s production facilities were operating. As market conditions change, the Company may increase, decrease or idle production
at one or more operating facilities or resume operations at any idled facility. Basis of Presentation – Interim
Financial Statements – The accompanying unaudited consolidated financial statements and related notes have been prepared
in accordance with accounting principles generally accepted in the United States for interim financial information and the instructions
to Form 10-Q and Rule 10-01 of Regulation S-X. Results for interim periods should not be considered indicative of results for
a full year. These interim consolidated financia
Free historical financial statements for Alto Ingredients Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 51 quarters since 2012. Compare with ALTO stock chart to see long term trends.
Data imported from Alto Ingredients Inc SEC filings. Check original filings before making any investment decision.