Financials

Quarter Ended

6/30/2025 Financial Report

FINANCIAL RECAP

  • Comparison of operations for the three months ended:
    • Total revenues for the current quarter were down nearly $1.8MM, due to lower values on ethanol and distillers grains, but partially offset by stronger corn oil pricing and pounds sold. Along with a slight increase in operating costs, this resulted in the ~$2.2MM decrease in gross profits quarter over quarter.
  • Comparison of operations for the nine months ended:
    • Total revenues were down $5.6MM, mainly the result of a 17% decrease in distillers grain values period over period. Corn costs were also down roughly 5% comparatively, resulting in the net decrease in gross profits.

  • Working capital decreased nearly $15.6MM this quarter, mainly the result of the $4,500/unit distribution, totaling $15.4MM, that was issued to the owners in April 2025.

  • As of June 30, 2025, working capital sits at $23.1MM, which is down ~$14MM when compared to working capital as of June 30, 2024.

  • No units traded during the quarter ending June 30, 2025.

 

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Summary of Operations 3 Months Ended 6/30/2025 3 Months Ended 6/30/2024 9 Months Ended 6/30/2025 9 Months Ended 6/30/2024
Total Revenues
$51,853,273
$53,605,601
$157,672,245
$163,304,955
Gross Profit
$7,218,129
$9,396,733
$20,833,94
$21,972,626
Net Income
$6,687,086
$8,850,177
$19,171,955
$20,757,050
Net Income/Unit
$1,952
$2,584
$5,598
$6,006
Distribution Paid/Unit
$———
$———
$9,800
$6,500
Balance Sheets As of 6/30/2025 As of 9/30/2024
Current Assets
$32,937,233
$57,732,750
Total Assets
$109,589,012
$129,061,137
Current Liabilities
$9,797,146
$14,626,394
Long-Term Liabilites
$1,484,987
$1,734,822
Members’ Equity
$98,306,879
$112,699,921
Book Value / Unit
$28,703
$32,905

** – UNAUDITED

Key Metrics 3 Months Ended 6/30/2025 3 Months Ended 6/30/2024
Ethanol Yield (Gal/bu)
3.03
2.99
Corn Oil (Lbs/bu)
1.32
1.12
Ethanol Production (Gal/day)
278,014
282,462
Ethanol Production MGY
98.1
99.7
Natural Gas (BTU/gal)
23,365
22,941
Grid Electricity (KW/gal)
0.05
0.01