Quarter Ended

6/30/2023 Financial Report

FINANCIAL HIGHLIGHTS

Tax notice for our nonresident members, due to the passage of a new tax law in Nebraska in June 2023, we will NOT be requiring our non-Nebraska members to complete the form 12N going forward.

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!

 

UNAUDITED

Summary of Operations 3 Months Ended 6/30/2023 3 Months Ended 6/30/2022 9 Months Ended 6/30/2023 9 Months Ended 6/30/2022
Total Revenues $ 74,916,407 $ 84,391,076 $ 221,439,053 $ 240,151,474
Gross Profit (Loss) $ 14,982,217 $ 20,071,738 $ 20,362,552 $ 47,820,080
Net Income (Loss) $ 14,304,367 $ 26,981,553 $ 18,495,211 $ 53,041,046
Net Income (Loss)/Unit $ 4,050 $ 7,639 $ 5,236 $ 15,017
Distribution/Unit $ 0 $ 0 $ 10,000 $ 16,000

 

Balance Sheets As of 6/30/2023 As of 9/30/2022
Current Assets $ 44,906,092 $ 79,005,454
Total Assets $ 108,384,218 $ 138,481,945
Current Liabilities $ 9,629,202 $ 23,143,766
Long-Term Liabilites $ 1,531,138 $ 1,289,512
Members' Equity $ 97,223,878 $ 114,048,667
Book Value / Unit $ 27,527 $ 32,290

 

Key Metrics 3 Months Ended 6/30/2023 3 Months Ended 6/30/2022
Ethanol Yield (Gal/bu) 3.02 3.01
Corn Oil (Lbs/bu) 1.03 1.07
Ethanol Production (Gal/day) 279,374 272,925
Ethanol Production MGY 98.6 96.3
Natural Gas (BTU/gal) 22,882 22,947
Grid Electricity (KW/gal) 0.01 0.01