🌱 Supercritical Fluid Thermodynamics & Solventless cGMP Asset Class

Supercritical CO2 Extraction Plant Solver

Model an 18,000 kg/month commercial supercritical fluid $\text{CO}_2$ toll processing depot ($24.50/kg raw biomass toll fee + $85/liter winterized extract polishing + $32.0k/mo cGMP Certificate of Analysis testing @ $5,000\text{--}7,500\text{ PSI}$), and 4.5x EBITDA valuations.

⚙️ SFE Toll Volume & Extraction Setup

Monthly Biomass Toll Volume (Kg / Mo Ingested Feed)

Primary Extraction Fee / Kg ($ / Kg Supercritical CO2)

Winterized Extract Liters (Liters Refined / Mo)

Polishing Fee / Liter ($ / L Winterization / Decarb)

cGMP Lab Testing Revenue (HPLC Potency & CoA Mo)

Process Engineers Payroll (2 Engineers + 2 Techs)

Liquid CO2 & Chiller Power (Cryo Subcool & High-P Pumps)

Cleanroom Facility Lease (ISO 7/8 cGMP Cleanroom)

cGMP Product Liability Ins ($10M Ingestion & E&O Policy)

Valuation Multiple (EBITDA Multiple)

📊 SFE Extraction Plant Pro-Forma

Monthly Gross Revenue

$596,250

Monthly Net EBITDA

$485,250

EBITDA Operating Margin

81.4%

Annual Net EBITDA

$5,823,000

Plant Enterprise Valuation

$26,203,500

Primary Supercritical CO2 Toll Fees	$441,000 / mo SFE Toll (18,000 kg/mo)
Secondary Winterization & Refining	$123,250 / mo Refining (1,450 Liters @ $85)
Gross Revenue per Kilogram Processed	$33.13 / kg raw biomass realization
Total Monthly Operating OPEX	$111,000