Financials

FINANCIAL RECAP

• Comparison of operations for the three months ended:
  • A modest increase in total revenues quarter over quarter was driven primarily by a 17% increase in ethanol revenues. The cost of our two main inputs, corn and natural gas, were steady. The combination of the increased revenue along with steady operating costs resulted in the $3.5MM increase in gross profits comparatively.
• Comparison of operations for the six months ended:

  • Total revenues were down nearly $3.9MM mainly the result of a 21% decrease in distiller grain revenues period over period.

  • Corn and natural gas costs were down also nearly 7% and 18%, respectively, for the comparative six-month periods. The net result was a slight increase in gross profits.

• Working capital continues to build back after the $18,152,500 distribution paid in October 2024. As of March 31, 2025, working capital sits at $38.7MM, which is down $4.4MM from the levels held as of our last fiscal year end September 30, 2024.

• No units traded during the quarter ending March 31, 2025.

Please be sure to keep Siouxland Ethanol updated on your contact information. This helps ensure you receive your distribution check, tax & other pertinent information timely. Thank you!