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Side-by-side financial comparison of ATLANTIC AMERICAN CORP (AAME) and AEMETIS, INC (AMTX). Click either name above to swap in a different company.

ATLANTIC AMERICAN CORP is the larger business by last-quarter revenue ($53.8M vs $43.3M, roughly 1.2× AEMETIS, INC). On growth, ATLANTIC AMERICAN CORP posted the faster year-over-year revenue change (20.8% vs -7.9%). ATLANTIC AMERICAN CORP produced more free cash flow last quarter ($6.6M vs $-10.8M). Over the past eight quarters, ATLANTIC AMERICAN CORP's revenue compounded faster (7.2% CAGR vs -22.8%).

The Atlantic Telegraph Company was a company formed on 6 November 1856 to undertake and exploit a commercial telegraph cable across the Atlantic Ocean, the first such telecommunications link.

Aemetis, Inc. is a renewable fuels and sustainable biochemicals producer operating across North America and India. Its core products include low-carbon ethanol, renewable natural gas and biodiesel, serving transportation, industrial and agricultural sectors with decarbonization solutions for commercial clients.

AAME vs AMTX — Head-to-Head

Bigger by revenue
AAME
AAME
1.2× larger
AAME
$53.8M
$43.3M
AMTX
Growing faster (revenue YoY)
AAME
AAME
+28.6% gap
AAME
20.8%
-7.9%
AMTX
More free cash flow
AAME
AAME
$17.4M more FCF
AAME
$6.6M
$-10.8M
AMTX
Faster 2-yr revenue CAGR
AAME
AAME
Annualised
AAME
7.2%
-22.8%
AMTX

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AAME
AAME
AMTX
AMTX
Revenue
$53.8M
$43.3M
Net Profit
$577.0K
Gross Margin
17.8%
Operating Margin
1.4%
-5.7%
Net Margin
1.1%
Revenue YoY
20.8%
-7.9%
Net Profit YoY
128.9%
EPS (diluted)
$0.02
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAME
AAME
AMTX
AMTX
Q4 25
$43.3M
Q3 25
$53.8M
$59.2M
Q2 25
$55.3M
$52.2M
Q1 25
$50.1M
$42.9M
Q4 24
$49.0M
$47.0M
Q3 24
$44.5M
$81.4M
Q2 24
$47.7M
$66.6M
Q1 24
$47.0M
$72.6M
Net Profit
AAME
AAME
AMTX
AMTX
Q4 25
Q3 25
$577.0K
$-23.7M
Q2 25
$3.3M
$-23.4M
Q1 25
$802.0K
$-24.5M
Q4 24
$412.0K
Q3 24
$-2.0M
$-17.9M
Q2 24
$-684.0K
$-29.2M
Q1 24
$-2.0M
$-24.2M
Gross Margin
AAME
AAME
AMTX
AMTX
Q4 25
17.8%
Q3 25
-0.1%
Q2 25
-6.4%
Q1 25
-11.8%
Q4 24
-4.3%
Q3 24
4.8%
Q2 24
-2.7%
Q1 24
-0.8%
Operating Margin
AAME
AAME
AMTX
AMTX
Q4 25
-5.7%
Q3 25
1.4%
-14.4%
Q2 25
7.6%
-20.4%
Q1 25
2.1%
-36.3%
Q4 24
1.1%
-28.7%
Q3 24
-5.5%
-4.8%
Q2 24
-1.8%
-20.4%
Q1 24
-5.3%
-13.0%
Net Margin
AAME
AAME
AMTX
AMTX
Q4 25
Q3 25
1.1%
-40.1%
Q2 25
6.0%
-44.8%
Q1 25
1.6%
-57.2%
Q4 24
0.8%
Q3 24
-4.5%
-22.0%
Q2 24
-1.4%
-43.8%
Q1 24
-4.3%
-33.4%
EPS (diluted)
AAME
AAME
AMTX
AMTX
Q4 25
$-0.03
Q3 25
$0.02
$-0.37
Q2 25
$0.15
$-0.41
Q1 25
$0.03
$-0.47
Q4 24
$0.01
$-0.29
Q3 24
$-0.10
$-0.38
Q2 24
$-0.04
$-0.66
Q1 24
$-0.10
$-0.58

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAME
AAME
AMTX
AMTX
Cash + ST InvestmentsLiquidity on hand
$34.4M
$4.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$109.5M
$-306.8M
Total Assets
$430.9M
$259.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAME
AAME
AMTX
AMTX
Q4 25
$4.9M
Q3 25
$34.4M
$5.6M
Q2 25
$46.4M
$1.6M
Q1 25
$35.9M
$499.0K
Q4 24
$35.6M
$898.0K
Q3 24
$23.0M
$296.0K
Q2 24
$21.2M
$234.0K
Q1 24
$21.2M
$1.6M
Total Debt
AAME
AAME
AMTX
AMTX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$338.1M
Q3 24
$322.2M
Q2 24
$309.0M
Q1 24
$307.2M
Stockholders' Equity
AAME
AAME
AMTX
AMTX
Q4 25
$-306.8M
Q3 25
$109.5M
$-304.9M
Q2 25
$106.2M
$-289.3M
Q1 25
$102.4M
$-280.7M
Q4 24
$99.6M
$-263.9M
Q3 24
$105.8M
$-258.9M
Q2 24
$100.7M
$-249.0M
Q1 24
$102.8M
$-232.1M
Total Assets
AAME
AAME
AMTX
AMTX
Q4 25
$259.8M
Q3 25
$430.9M
$241.1M
Q2 25
$429.3M
$240.0M
Q1 25
$388.4M
$242.5M
Q4 24
$393.4M
$259.3M
Q3 24
$387.0M
$259.3M
Q2 24
$386.0M
$259.3M
Q1 24
$365.8M
$259.3M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAME
AAME
AMTX
AMTX
Operating Cash FlowLast quarter
$6.6M
$5.8M
Free Cash FlowOCF − Capex
$6.6M
$-10.8M
FCF MarginFCF / Revenue
12.3%
-24.9%
Capex IntensityCapex / Revenue
0.1%
38.2%
Cash ConversionOCF / Net Profit
11.51×
TTM Free Cash FlowTrailing 4 quarters
$19.3M
$-22.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAME
AAME
AMTX
AMTX
Q4 25
$5.8M
Q3 25
$6.6M
$3.1M
Q2 25
$9.3M
$-5.7M
Q1 25
$-722.0K
$160.0K
Q4 24
$4.8M
$-12.6M
Q3 24
$90.0K
$-5.0M
Q2 24
$416.0K
$-5.1M
Q1 24
$-5.3M
$-10.3M
Free Cash Flow
AAME
AAME
AMTX
AMTX
Q4 25
$-10.8M
Q3 25
$6.6M
$-1.0M
Q2 25
$9.1M
$-9.3M
Q1 25
$-986.0K
$-1.7M
Q4 24
$4.6M
$-19.4M
Q3 24
$58.0K
$-9.5M
Q2 24
$361.0K
$-10.5M
Q1 24
$-5.4M
$-13.9M
FCF Margin
AAME
AAME
AMTX
AMTX
Q4 25
-24.9%
Q3 25
12.3%
-1.7%
Q2 25
16.5%
-17.7%
Q1 25
-2.0%
-3.9%
Q4 24
9.3%
-41.2%
Q3 24
0.1%
-11.6%
Q2 24
0.8%
-15.8%
Q1 24
-11.4%
-19.1%
Capex Intensity
AAME
AAME
AMTX
AMTX
Q4 25
38.2%
Q3 25
0.1%
6.9%
Q2 25
0.3%
6.7%
Q1 25
0.5%
4.3%
Q4 24
0.5%
14.4%
Q3 24
0.1%
5.5%
Q2 24
0.1%
8.1%
Q1 24
0.1%
4.9%
Cash Conversion
AAME
AAME
AMTX
AMTX
Q4 25
Q3 25
11.51×
Q2 25
2.80×
Q1 25
-0.90×
Q4 24
11.65×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAME
AAME

Bankers Fidelity$30.0M56%
American Southern$23.7M44%

AMTX
AMTX

Ethanol Sales$28.8M66%
Wet Distillers Grains$6.8M16%
California Dairy Renewable Natural Gas$5.2M12%
Other$1.8M4%

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