Anaergia, Inc.

Anaergia, Inc.

1.92
CAD
-0.03
(-1.54%)
0.03EPS
29.40P/E
456.33MMarket Cap
Nov 17Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.44
2.03
2.91
2.21
2.58
2.27
0.81
1.06
1.42
Basic EPS, GAAP
-0.31
0.2
-0.51
-0.29
-1.09
-2.81
-0.31
0.04
0.09
Free Cash Flow per Basic Share
-0.54
-1.84
-2.28
-2.33
-2.44
-2.02
-0.3
0.04
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
-1.86
-1.56
2.63
1.67
-0.85
-0.34
-0.27
-0.29
Tangible Book Value per Share
- -
-1.99
-1.69
2.54
1.37
-0.89
-0.35
-0.28
-0.3
Basic Weighted Avg Shares
44
44
44
59
63
65
138
170
171
Sales/Revenue/Turnover
64
90
128
130
162
147
112
180
242
Operating Margin (%)
-20.93
-12.95
-3.45
-12.35
-25.38
-41.94
-34.12
-4.34
-0.14
Depreciation Expense
4
2
3
3
4
6
6
7
8
Net Income, GAAP
-14
9
-23
-17
-69
-183
-43
7
15
Effective Tax Rate (%)
- -
2.53
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-21.62
9.72
-17.72
-13.25
-42.3
-124.03
-38.42
3.86
6.39
Working Capital
- -
16
2
115
30
20
-19
-41
-47
LT Debt
- -
167
158
210
359
65
37
21
31
Total Equity
- -
7
126
322
336
74
53
56
56
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-52.39
- -
- -
- -
- -

Capital Structure

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
43
43
44
LT Borrowings
13
13
22
LT Finance Leases
8
8
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
171
171
172
Market Capitalization
370
465
456

Working Capital

CAD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
109
116
117
Cash, Cash Equivalents & STI
34
22
17
Accounts Receivable, Net
26
25
27
Inventories
12
12
12
Total Current Liabilities
150
161
164
Payables & Accruals
85
90
85
ST Debt
43
43
44
Deferred Revenue
22
28
34

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.75%
4.37%
Free Cash Flow
- -
-30.57%
-117.69%
Net Income, GAAP
- -
49.55%
-116.24%
Sales/Revenue/Turnover
- -
10.86%
61.39%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25
24
29
34
112
2025
25
32
51
72
180
2026
55
64
- -
- -
- -

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.09
-0.08
-0.06
-0.09
-0.31
2025
-0.02
-0.04
0.01
0.08
0.04
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Assaf Onn
Full Time Employees
285
Sector
Industrial services
Industry
Environmental services
Address
4210 South Service Road Burlington ON Canada L7L 4X5
IPO Date
Jun 18, 2021
Business
Anaergia Inc., along with its affiliates, delivers cutting-edge solutions for transforming waste into valuable resources and generating sustainable energy. The company operates through distinct divisions: Capital Sales, which focuses on technology and equipment; Services, encompassing ongoing operation and maintenance; and Build, Own, and Operate Projects, where it develops and manages facilities. Its comprehensive portfolio includes advanced systems for handling diverse organic waste streams from municipal, industrial, and agricultural sources. These solutions effectively capture and process organic materials within mixed solid wastes, utilize anaerobic digestion to produce clean energy such as renewable natural gas and electricity, and recover valuable byproducts like fertilizers and recycled water. Anaergia also offers specialized membrane systems for biogas upgrading, liquid treatment for nutrient recovery, and residue management. The company, established in 2007 and headquartered in Burlington, Canada, serves wastewater resource recovery, municipal solid waste, and agri-food sectors globally, with a strong presence in North America and Europe. In 2024, Anaergia strategically shifted to a capital-light business model, emphasizing technology sales and engineering services, which contributed to a return to positive adjusted EBITDA and significant revenue growth in the third quarter of 2025. This approach leverages its extensive patent portfolio, which exceeds 300, to provide integrated, end-to-end solutions that help clients decarbonize operations and achieve energy independence. Recent notable developments include a C$43.8 million contract awarded in November 2025 to build a renewable power facility for the East County Advanced Water Purification Joint Powers Authority in San Diego, California, alongside other project agreements in Italy and Spain.

Company News

  • Anaergia Signs Definitive Agreement to Divest Non-Core Assets, Charlotte and Rhode Island Bioenergy Facilities

  • Anaergia and TisVet Sign C$36 million Technology Agreement for Major Agricultural-Waste-to-Energy Project in Hungary

  • Anaergia Reports 98% Revenue Growth, Fourth Consecutive Quarter of Positive Adjusted EBITDA, and Revenue Backlog Expansion to $274.9 Million in Q2 2026

  • Anaergia Inc. Schedules Second Quarter 2026 Earnings Release and Conference Call

  • Anaergia Australia Pty Ltd. to Supply Advanced Anaerobic Digestion Technology for Goodness Grown Facility in Australia

  • Anaergia Announces Results of Voting at Annual Meeting of Shareholders

  • Anaergia Announces Results of Voting at Annual Meeting of Shareholders

  • Anaergia's SoCal Biomethane Facility in California Begins Deliveries Under SB 1440 Contract to Southwest Gas

  • Anaergia Secures C$58M Contract with Neogenyx Fuels, Expanding Multi‑Year Revenue Visibility and RNG Platform Deployment

  • Anaergia Inc. (ANRG:CA) Q1 2026 Earnings Call Transcript

  • Anaergia Reports Significant Revenue Growth In First Quarter 2026 and the Third Consecutive Quarter of Positive Adjusted EBITDA

  • Anaergia's Rhode Island Bioenergy Facility Receives Temporary Negative Carbon Intensity Score Approval Under Canada's Clean Fuel Regulations

  • Anaergia Secures $20 Million Revolving Credit Facility with National Bank of Canada

  • Anaergia Inc. Schedules First Quarter 2026 Earnings Release and Conference Call

  • Anaergia Technologies LLC to Supply Vanguard Renewables with Advanced Anaerobic Digestion Technology

  • Anaergia Inc. (ANRG:CA) Q4 2025 Earnings Call Transcript

  • Anaergia Reports Positive Adjusted EBITDA1 and Strong Revenue Growth in Fiscal 2025

  • Anaergia (ANRGF) Projected to Post Earnings on Monday

  • Anaergia Inc. Schedules Fourth Quarter and Fiscal 2025 Earnings Release and Conference Call

  • California Public Utilities Commission Conditionally Approves RNG Procurement Contract from Anaergia's SoCal Biomethane Facility