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Side-by-side financial comparison of AEMETIS, INC (AMTX) and KORE Group Holdings, Inc. (KORE). Click either name above to swap in a different company.

KORE Group Holdings, Inc. is the larger business by last-quarter revenue ($73.9M vs $43.3M, roughly 1.7× AEMETIS, INC). On growth, KORE Group Holdings, Inc. posted the faster year-over-year revenue change (0.7% vs -7.9%). KORE Group Holdings, Inc. produced more free cash flow last quarter ($9.4M vs $-10.8M). Over the past eight quarters, KORE Group Holdings, Inc.'s revenue compounded faster (-1.4% CAGR vs -22.8%).

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.

KORE Wireless is a publicly traded company that provides IoT connectivity, managed services, and related solutions. The company supports applications across sectors including healthcare, logistics, fleet, utilities, and industrial automation, with more than 20 million active connections reported worldwide.

AMTX vs KORE — Head-to-Head

Bigger by revenue
KORE
KORE
1.7× larger
KORE
$73.9M
$43.3M
AMTX
Growing faster (revenue YoY)
KORE
KORE
+8.6% gap
KORE
0.7%
-7.9%
AMTX
More free cash flow
KORE
KORE
$20.2M more FCF
KORE
$9.4M
$-10.8M
AMTX
Faster 2-yr revenue CAGR
KORE
KORE
Annualised
KORE
-1.4%
-22.8%
AMTX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMTX
AMTX
KORE
KORE
Revenue
$43.3M
$73.9M
Net Profit
$-18.5M
Gross Margin
17.8%
Operating Margin
-5.7%
-0.8%
Net Margin
-25.0%
Revenue YoY
-7.9%
0.7%
Net Profit YoY
27.4%
EPS (diluted)
$-0.03
$-0.92

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
AMTX
AMTX
KORE
KORE
Q4 25
$43.3M
$73.9M
Q3 25
$59.2M
$68.7M
Q2 25
$52.2M
$71.3M
Q1 25
$42.9M
$72.1M
Q4 24
$47.0M
$73.3M
Q3 24
$81.4M
$68.9M
Q2 24
$66.6M
$67.9M
Q1 24
$72.6M
$76.0M
Net Profit
AMTX
AMTX
KORE
KORE
Q4 25
$-18.5M
Q3 25
$-23.7M
$-12.7M
Q2 25
$-23.4M
$-16.9M
Q1 25
$-24.5M
$-14.9M
Q4 24
$-25.4M
Q3 24
$-17.9M
$-19.4M
Q2 24
$-29.2M
$-83.6M
Q1 24
$-24.2M
$-17.6M
Gross Margin
AMTX
AMTX
KORE
KORE
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
AMTX
AMTX
KORE
KORE
Q4 25
-5.7%
-0.8%
Q3 25
-14.4%
-6.1%
Q2 25
-20.4%
-7.3%
Q1 25
-36.3%
-3.4%
Q4 24
-28.7%
-17.8%
Q3 24
-4.8%
-8.2%
Q2 24
-20.4%
-113.0%
Q1 24
-13.0%
-9.7%
Net Margin
AMTX
AMTX
KORE
KORE
Q4 25
-25.0%
Q3 25
-40.1%
-18.5%
Q2 25
-44.8%
-23.7%
Q1 25
-57.2%
-20.7%
Q4 24
-34.7%
Q3 24
-22.0%
-28.2%
Q2 24
-43.8%
-123.2%
Q1 24
-33.4%
-23.1%
EPS (diluted)
AMTX
AMTX
KORE
KORE
Q4 25
$-0.03
$-0.92
Q3 25
$-0.37
$-0.64
Q2 25
$-0.41
$-0.86
Q1 25
$-0.47
$-0.77
Q4 24
$-0.29
$-1.29
Q3 24
$-0.38
$-1.00
Q2 24
$-0.66
$-4.37
Q1 24
$-0.58
$-0.93

Balance Sheet & Financial Strength

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

Metric
AMTX
AMTX
KORE
KORE
Cash + ST InvestmentsLiquidity on hand
$4.9M
$26.7M
Total DebtLower is stronger
$301.3M
Stockholders' EquityBook value
$-306.8M
$-163.8M
Total Assets
$259.8M
$410.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMTX
AMTX
KORE
KORE
Q4 25
$4.9M
$26.7M
Q3 25
$5.6M
$19.3M
Q2 25
$1.6M
$21.0M
Q1 25
$499.0K
$19.7M
Q4 24
$898.0K
$19.4M
Q3 24
$296.0K
$18.6M
Q2 24
$234.0K
$22.3M
Q1 24
$1.6M
$23.0M
Total Debt
AMTX
AMTX
KORE
KORE
Q4 25
$301.3M
Q3 25
Q2 25
Q1 25
Q4 24
$338.1M
$303.1M
Q3 24
$322.2M
Q2 24
$309.0M
Q1 24
$307.2M
Stockholders' Equity
AMTX
AMTX
KORE
KORE
Q4 25
$-306.8M
$-163.8M
Q3 25
$-304.9M
$-145.7M
Q2 25
$-289.3M
$-133.5M
Q1 25
$-280.7M
$-114.9M
Q4 24
$-263.9M
$-99.6M
Q3 24
$-258.9M
$-77.2M
Q2 24
$-249.0M
$-57.2M
Q1 24
$-232.1M
$22.3M
Total Assets
AMTX
AMTX
KORE
KORE
Q4 25
$259.8M
$410.5M
Q3 25
$241.1M
$423.4M
Q2 25
$240.0M
$432.9M
Q1 25
$242.5M
$445.1M
Q4 24
$259.3M
$455.8M
Q3 24
$259.3M
$473.9M
Q2 24
$259.3M
$487.7M
Q1 24
$259.3M
$576.6M

Cash Flow & Capital Efficiency

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

Metric
AMTX
AMTX
KORE
KORE
Operating Cash FlowLast quarter
$5.8M
$10.4M
Free Cash FlowOCF − Capex
$-10.8M
$9.4M
FCF MarginFCF / Revenue
-24.9%
12.7%
Capex IntensityCapex / Revenue
38.2%
1.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-22.7M
$15.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMTX
AMTX
KORE
KORE
Q4 25
$5.8M
$10.4M
Q3 25
$3.1M
$1.1M
Q2 25
$-5.7M
$4.1M
Q1 25
$160.0K
$2.9M
Q4 24
$-12.6M
$2.1M
Q3 24
$-5.0M
$1.2M
Q2 24
$-5.1M
$4.0M
Q1 24
$-10.3M
$1.9M
Free Cash Flow
AMTX
AMTX
KORE
KORE
Q4 25
$-10.8M
$9.4M
Q3 25
$-1.0M
$879.0K
Q2 25
$-9.3M
$2.8M
Q1 25
$-1.7M
$2.7M
Q4 24
$-19.4M
$2.0M
Q3 24
$-9.5M
$973.0K
Q2 24
$-10.5M
$3.1M
Q1 24
$-13.9M
$1.0M
FCF Margin
AMTX
AMTX
KORE
KORE
Q4 25
-24.9%
12.7%
Q3 25
-1.7%
1.3%
Q2 25
-17.7%
4.0%
Q1 25
-3.9%
3.8%
Q4 24
-41.2%
2.7%
Q3 24
-11.6%
1.4%
Q2 24
-15.8%
4.6%
Q1 24
-19.1%
1.4%
Capex Intensity
AMTX
AMTX
KORE
KORE
Q4 25
38.2%
1.5%
Q3 25
6.9%
0.3%
Q2 25
6.7%
1.8%
Q1 25
4.3%
0.2%
Q4 24
14.4%
0.1%
Q3 24
5.5%
0.3%
Q2 24
8.1%
1.3%
Q1 24
4.9%
1.2%

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMTX
AMTX

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

KORE
KORE

Io T Connectivity And Solutions Services$55.9M76%
Hardware Sales$15.4M21%
Deployment Services Professional Services Referral Services And Other$2.5M3%

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