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Side-by-side financial comparison of AEMETIS, INC (AMTX) and LCNB CORP (LCNB). Click either name above to swap in a different company.
AEMETIS, INC is the larger business by last-quarter revenue ($43.3M vs $23.9M, roughly 1.8× LCNB CORP). On growth, LCNB CORP posted the faster year-over-year revenue change (5.1% vs -7.9%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $-10.8M). Over the past eight quarters, LCNB CORP's revenue compounded faster (15.7% 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.
LCNB Corp is a United States-based financial holding company that operates through its national bank subsidiary, providing a full suite of retail and commercial banking products and services including deposit accounts, various loan products, wealth management, and insurance solutions primarily to individual consumers, small and medium-sized enterprises and local community organizations across regional markets in Ohio.
AMTX vs LCNB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $43.3M | $23.9M |
| Net Profit | — | $5.7M |
| Gross Margin | 17.8% | — |
| Operating Margin | -5.7% | 29.2% |
| Net Margin | — | 23.7% |
| Revenue YoY | -7.9% | 5.1% |
| Net Profit YoY | — | -7.6% |
| EPS (diluted) | $-0.03 | $0.40 |
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.
| Q4 25 | $43.3M | $23.9M | ||
| Q3 25 | $59.2M | $23.8M | ||
| Q2 25 | $52.2M | $22.8M | ||
| Q1 25 | $42.9M | $21.5M | ||
| Q4 24 | $47.0M | $22.7M | ||
| Q3 24 | $81.4M | $21.4M | ||
| Q2 24 | $66.6M | $19.3M | ||
| Q1 24 | $72.6M | $17.8M |
| Q4 25 | — | $5.7M | ||
| Q3 25 | $-23.7M | $6.9M | ||
| Q2 25 | $-23.4M | $5.9M | ||
| Q1 25 | $-24.5M | $4.6M | ||
| Q4 24 | — | $6.1M | ||
| Q3 24 | $-17.9M | $4.5M | ||
| Q2 24 | $-29.2M | $925.0K | ||
| Q1 24 | $-24.2M | $1.9M |
| 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% | — |
| Q4 25 | -5.7% | 29.2% | ||
| Q3 25 | -14.4% | 35.6% | ||
| Q2 25 | -20.4% | 31.6% | ||
| Q1 25 | -36.3% | 25.6% | ||
| Q4 24 | -28.7% | 32.9% | ||
| Q3 24 | -4.8% | 24.9% | ||
| Q2 24 | -20.4% | 4.9% | ||
| Q1 24 | -13.0% | 12.5% |
| Q4 25 | — | 23.7% | ||
| Q3 25 | -40.1% | 29.1% | ||
| Q2 25 | -44.8% | 26.0% | ||
| Q1 25 | -57.2% | 21.4% | ||
| Q4 24 | — | 27.0% | ||
| Q3 24 | -22.0% | 21.2% | ||
| Q2 24 | -43.8% | 4.8% | ||
| Q1 24 | -33.4% | 10.7% |
| Q4 25 | $-0.03 | $0.40 | ||
| Q3 25 | $-0.37 | $0.49 | ||
| Q2 25 | $-0.41 | $0.41 | ||
| Q1 25 | $-0.47 | $0.33 | ||
| Q4 24 | $-0.29 | $0.44 | ||
| Q3 24 | $-0.38 | $0.31 | ||
| Q2 24 | $-0.66 | $0.07 | ||
| Q1 24 | $-0.58 | $0.15 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.9M | $21.6M |
| Total DebtLower is stronger | — | $104.4M |
| Stockholders' EquityBook value | $-306.8M | $273.9M |
| Total Assets | $259.8M | $2.2B |
| Debt / EquityLower = less leverage | — | 0.38× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $4.9M | $21.6M | ||
| Q3 25 | $5.6M | $35.9M | ||
| Q2 25 | $1.6M | $49.8M | ||
| Q1 25 | $499.0K | $37.7M | ||
| Q4 24 | $898.0K | $35.7M | ||
| Q3 24 | $296.0K | $39.4M | ||
| Q2 24 | $234.0K | $34.9M | ||
| Q1 24 | $1.6M | $33.0M |
| Q4 25 | — | $104.4M | ||
| Q3 25 | — | $104.7M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $104.6M | ||
| Q4 24 | $338.1M | $155.2M | ||
| Q3 24 | $322.2M | $155.7M | ||
| Q2 24 | $309.0M | $162.2M | ||
| Q1 24 | $307.2M | $162.6M |
| Q4 25 | $-306.8M | $273.9M | ||
| Q3 25 | $-304.9M | $269.9M | ||
| Q2 25 | $-289.3M | $263.5M | ||
| Q1 25 | $-280.7M | $258.7M | ||
| Q4 24 | $-263.9M | $253.0M | ||
| Q3 24 | $-258.9M | $253.2M | ||
| Q2 24 | $-249.0M | $245.2M | ||
| Q1 24 | $-232.1M | $233.7M |
| Q4 25 | $259.8M | $2.2B | ||
| Q3 25 | $241.1M | $2.2B | ||
| Q2 25 | $240.0M | $2.3B | ||
| Q1 25 | $242.5M | $2.3B | ||
| Q4 24 | $259.3M | $2.3B | ||
| Q3 24 | $259.3M | $2.3B | ||
| Q2 24 | $259.3M | $2.4B | ||
| Q1 24 | $259.3M | $2.3B |
| Q4 25 | — | 0.38× | ||
| Q3 25 | — | 0.39× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.40× | ||
| Q4 24 | — | 0.61× | ||
| Q3 24 | — | 0.61× | ||
| Q2 24 | — | 0.66× | ||
| Q1 24 | — | 0.70× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $5.8M | $34.4M |
| Free Cash FlowOCF − Capex | $-10.8M | $33.4M |
| FCF MarginFCF / Revenue | -24.9% | 140.2% |
| Capex IntensityCapex / Revenue | 38.2% | 4.0% |
| Cash ConversionOCF / Net Profit | — | 6.08× |
| TTM Free Cash FlowTrailing 4 quarters | $-22.7M | $54.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $5.8M | $34.4M | ||
| Q3 25 | $3.1M | $14.0M | ||
| Q2 25 | $-5.7M | $5.5M | ||
| Q1 25 | $160.0K | $2.2M | ||
| Q4 24 | $-12.6M | $93.2M | ||
| Q3 24 | $-5.0M | $11.9M | ||
| Q2 24 | $-5.1M | $54.9M | ||
| Q1 24 | $-10.3M | $-11.9M |
| Q4 25 | $-10.8M | $33.4M | ||
| Q3 25 | $-1.0M | $13.7M | ||
| Q2 25 | $-9.3M | $5.2M | ||
| Q1 25 | $-1.7M | $2.1M | ||
| Q4 24 | $-19.4M | $89.4M | ||
| Q3 24 | $-9.5M | $10.5M | ||
| Q2 24 | $-10.5M | $53.8M | ||
| Q1 24 | $-13.9M | $-12.8M |
| Q4 25 | -24.9% | 140.2% | ||
| Q3 25 | -1.7% | 57.4% | ||
| Q2 25 | -17.7% | 23.0% | ||
| Q1 25 | -3.9% | 10.0% | ||
| Q4 24 | -41.2% | 394.0% | ||
| Q3 24 | -11.6% | 49.0% | ||
| Q2 24 | -15.8% | 278.6% | ||
| Q1 24 | -19.1% | -71.8% |
| Q4 25 | 38.2% | 4.0% | ||
| Q3 25 | 6.9% | 1.3% | ||
| Q2 25 | 6.7% | 1.0% | ||
| Q1 25 | 4.3% | 0.3% | ||
| Q4 24 | 14.4% | 16.7% | ||
| Q3 24 | 5.5% | 6.7% | ||
| Q2 24 | 8.1% | 5.9% | ||
| Q1 24 | 4.9% | 4.8% |
| Q4 25 | — | 6.08× | ||
| Q3 25 | — | 2.02× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 0.48× | ||
| Q4 24 | — | 15.23× | ||
| Q3 24 | — | 2.63× | ||
| Q2 24 | — | 59.35× | ||
| Q1 24 | — | -6.24× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AMTX
| Ethanol Sales | $28.8M | 66% |
| Wet Distillers Grains | $6.8M | 16% |
| California Dairy Renewable Natural Gas | $5.2M | 12% |
| Other | $1.8M | 4% |
LCNB
Segment breakdown not available.
