Quarter Ended

3/31/2020 Financial Report

FINANCIAL HIGHLIGHTS

 

 

UNAUDITED

Summary of Operations 3 Months Ended 3/31/2020 3 Months Ended 3/31/2019 6 Months Ended 3/31/2020 6 Months Ended 3/31/2019
Total Revenues $ 37,260,546 $ 37,929,913 $ 82,320,336 $ 74,638,560
Gross Profit $ (2,618,763) $ 4,366,014 $ 2,430,838 $ 5,852,065
Net Income $ (3,396,829) $ 3,805,169 $ 940,931 $ 4,764,306
Net Income / Unit $ (934) $ 1,046 $ 259 $ 1,310
Distribution/Unit $ 1,000 $ 750 $ 2,250 $ 3,750

 


Balance Sheets
As of 3/31/2020 As of 9/30/2019
Current Assets $ 24,951,449 $ 46,136,579
Total Assets $ 95,690,341 $ 98,763,489
Current Liabilities $ 10,049,881 $ 5,814,060
Long-Term Liabilites $ 1,515,054 $ 1,579,454
Members' Equity $ 84,125,406 $ 91,369,975
Book Value / Unit $ 23,124 $ 25,115

 

Key Metrics 3 Months Ended 3/31/2020 3 Months Ended 3/31/2019
Ethanol Yield (Gal/bu) 3.07 3.03
BTU / Gal 20,890 20,721
KW / Gal .50 .51
Corn Oil (Lbs/bu) 1.05 .99
Ethanol Production (Gal / day) 273,061 263,092
Ethanol Production MGY 96.4 92.9

 

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