{"id":4790,"date":"2026-05-13T02:30:00","date_gmt":"2026-05-13T00:30:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=42c9562b33124ebad3c1bc077e6d6f13"},"modified":"2026-05-13T02:30:00","modified_gmt":"2026-05-13T00:30:00","slug":"anaergia-reports-significant-revenue-growth-in-first-quarter-2026-and-the-third-consecutive-quarter-of-positive-adjusted-ebitda","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=4790","title":{"rendered":"Anaergia Reports Significant Revenue Growth In First Quarter 2026 and the Third Consecutive Quarter of Positive Adjusted EBITDA"},"content":{"rendered":"<p class=\"bwalignc\">\n<b><i>First Quarter 2026 Revenue Increased 122% and Adjusted EBITDA Expanded 127% Over First Quarter 2025<\/i><\/b><\/p><p>BURLINGTON, Ontario--(BUSINESS WIRE)--<a href=\"https:\/\/twitter.com\/search?q=%24ANRG&src=ctag\" >$ANRG<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ANRG?src=hash\" >#ANRG<\/a>--Anaergia Inc. (\u201cAnaergia\u201d, or the \u201cCompany\u201d) (TSX: ANRG) (OTCQX: ANRGF), a company that offers integrated waste-to-value solutions to reduce greenhouse gases by cost-effectively turning organic waste into renewable natural gas (\u201cRNG\u201d), fertilizer, and water, reported financial results for the three-month period ended March 31, 2026 (\u201cQ1 2026\u201d) and filed its related management\u2019s discussion and analysis (\u201cMD&amp;A\u201d) for the period. All financial results are reported in Canadian dollars unless otherwise stated.<\/p><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260512303838\/en\/1142102\/5\/Anaergia_Logo_2021_w_Tag.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260512303838\/en\/1142102\/22\/Anaergia_Logo_2021_w_Tag.jpg\" \/><\/a><br\/><a href=\"https:\/\/mms.businesswire.com\/media\/20260512303838\/en\/1142102\/5\/Anaergia_Logo_2021_w_Tag.jpg\"><img src=\"https:\/\/mms.businesswire.com\/media\/20260512303838\/en\/1142102\/21\/Anaergia_Logo_2021_w_Tag.jpg\" \/><\/a><p>\n<b>First Quarter 2026 Highlights<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nRevenue of $55.2 million, an increase of 122% over Q1 2025<\/li>\n<li>\nGross profit of $12.7 million, an increase of 135% over Q1 2025; gross margin increased to 23.0% from 21.7%<\/li>\n<li>\nPositive Adjusted EBITDA<sup>1<\/sup> of $1.1 million, an improvement of 127% or $5.0 million compared to a loss of $(3.9) million in Q1 2025, representing the third consecutive quarter of positive Adjusted EBITDA<sup>1<\/sup><\/li>\n<li>\nRevenue Backlog<sup>1<\/sup> increased to $265 million at quarter end, up 32% compared to Q1 2025; the Company signed over $54 million in new contract awards during the quarter<\/li>\n<\/ul><p>\n<b>Operating and financial progress<\/b><\/p><p>\nThe quarter reflected continued execution, with higher project activity translating into improved gross profit and expanded gross margin, alongside positive Adjusted EBITDA<sup>1<\/sup>. The Company\u2019s growing Revenue Backlog<sup>1<\/sup> and increased financial flexibility are intended to support continued disciplined project execution and positive financial results.<\/p><p>\n<b>Management Commentary<\/b><\/p><p>\n\u201c<!-- no quote -->Q1 marked our third consecutive quarter of positive Adjusted EBITDA<sup>1<\/sup>, alongside strong revenue growth and expanding gross margin,\u201d said Assaf Onn, CEO of Anaergia. \u201c<!-- no quote -->These results reflect disciplined execution and continued progress in our capital-light strategy. During the quarter, we signed over $54 million in new contract awards, increasing Revenue Backlog<sup>1 <\/sup>to $265 million at quarter end, up 32% compared to the first quarter of last year. Our focus remains on converting backlog into profitable revenue over project execution timelines.\u201d<\/p><p>\n\u201c<!-- no quote -->We also recently announced a $20 million credit agreement with National Bank of Canada, with an accordion feature that can increase the facility up to $30 million over the next year,\u201d Mr. Onn added. \u201c<!-- no quote -->This facility strengthens our financial flexibility and supports continued execution while maintaining operating discipline.\u201d<\/p><p>\n<b>Financial highlights:<\/b><\/p><ul class=\"bwlistdisc\">\n<li>\nRevenue increased by 122.0% year-over-year to $55.2 million (from $24.9 million in Q1 2025). This increase was primarily driven by higher capital sales project execution in Europe and North America.<\/li>\n<li>\nGross profit margin increased to 23.0% in Q1 2026 from 21.7% in Q1 2025, an increase of 1.3 percentage points reflecting improved performance in the Capital Sales segment.<\/li>\n<li>\nAdjusted EBITDA<sup>1<\/sup> improved by 127.1%, or $5.0 million, to $1.1 million, from an Adjusted EBITDA loss of $3.9 million reported in Q1 2025. The improvement was driven by higher revenue and gross profit in the Capital Sales segment as well as changes in other reconciling items.<\/li>\n<\/ul><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Three months ended:<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth15 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><span class=\"bwuline\">31-Mar-26<\/span><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth15 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><span class=\"bwuline\">31-Mar-25<\/span><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth25 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><span class=\"bwuline\">% Change<\/span><\/b><\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<span class=\"bwuline\">(In millions of Canadian dollars, except %)<\/span><\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nRevenue<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n55.2<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n24.9<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n122%<\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nGross profit<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n12.7<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n5.4<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n135%<\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nGross profit %<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n23.0%<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n21.7%<\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1.3 percentage points<\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nIncome (loss) from operations<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n(1.5)<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n(5.7)<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n74%<\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nNet loss<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n(4.4)<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n(5.9)<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n26%<\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth35\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nAdjusted EBITDA<sup>1<\/sup><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1.1<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n(3.9)<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth25\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n127%<\/p><\/td><td class=\"bwwidth5\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<\/table><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth30\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Statement of<\/b><\/p><\/td><td class=\"bwvertalignt bwpadl0\" colspan=\"2\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth30\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Financial Position<\/b><\/p><\/td><td class=\"bwpadl0 bwwidth20 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><span class=\"bwuline\">31-Mar-26<\/span><\/b><\/p><\/td><td class=\"bwpadl0 bwwidth20 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b><span class=\"bwuline\">31-Dec-25<\/span><\/b><\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth30\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<span class=\"bwuline\">(In millions of Canadian dollars)<\/span><\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth30\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTotal Assets<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n247.4<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n237.9<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth30\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nTotal Liabilities<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n193.2<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n182.4<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth30\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nEquity<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n54.2<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth20\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n55.5<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<\/table><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth100\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n____________________<\/p><\/td><\/tr>\n<\/table><p>\nFor a more detailed discussion of Anaergia\u2019s results for Q1 2026, please see the Company\u2019s financial statements for Q1 2026 and related MD&amp;A, which are available at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.anaergia.com%2Finvestor-relations&amp;esheet=54534515&amp;newsitemid=20260512303838&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.anaergia.com%2Finvestor-relations&amp;index=1&amp;md5=a9c4dfe2158a2dce3049da539533494c\" rel=\"nofollow\" shape=\"rect\">https:\/\/www.anaergia.com\/investor-relations<\/a> and on the Company\u2019s SEDAR+ page at <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sedar.com%2F&amp;esheet=54534515&amp;newsitemid=20260512303838&amp;lan=en-US&amp;anchor=www.sedarplus.ca&amp;index=2&amp;md5=558d96997f6802c213feae39405b1cdc\" rel=\"nofollow\" shape=\"rect\">www.sedarplus.ca<\/a>.<\/p><p>\n<b>Non-GAAP Measures<\/b><\/p><p>\nThis press release makes reference to certain non-GAAP measures. These non-GAAP measures are not recognized measures under IFRS<sup>\u00ae<\/sup> Accounting Standards as issued by the International Accounting Standards Board (\u201cIASB\u201d) (\u201cIFRS Accounting Standards\u201d) and do not have a standardized meaning prescribed by IFRS Accounting Standards and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these non-GAAP measures are provided as additional information to complement IFRS Accounting Standards measures by providing further understanding of our results of operations from management\u2019s perspective. Accordingly, these non-GAAP measures should not be considered in isolation or as a substitute for analysis of our financial information reported under IFRS Accounting Standards. We use non-GAAP measures, including \u201cAdjusted EBITDA\u201d, \u201cEBITDA\u201d, and \u201cRevenue Backlog\u201d to provide investors with supplemental measures. Management also uses non-GAAP measures internally in order to facilitate operating performance comparisons from period to period, prepare annual operating budgets and assess our ability to meet our future debt service, capital expenditure and working capital requirements. Management believes these non-GAAP measures are important supplemental measures of operating performance because they eliminate items that have less bearing on operating performance and highlight trends in the core business that may not otherwise be apparent when relying solely on IFRS Accounting Standards financial measures. Management believes such measures are useful as they allow for assessment of our operating performance and financial condition on a basis that is more consistent and comparable between reporting periods. We also believe that securities analysts, investors and other interested parties frequently use non-GAAP measures in the evaluation of issuers.<\/p><p>\nDefinitions of non-GAAP measures and industry metrics used in this press release are provided below.<\/p><p>\n\u201c<b>Adjusted EBITDA<\/b>\u201d is defined as net earnings before finance costs, taxes and depreciation and amortization adjusted for our normalized proportionate interest in our Build-Own-Operate assets and one-time or non-recurring items, stock-based compensation expense, asset impairment charges and write downs, gains and losses for equity-accounted investees, gain or loss on equity method adjustment, significant one-time provisions, foreign exchange gains or losses, restructuring costs, Enterprise Resource Planning (\u201cERP\u201d) customization and configuration costs, litigation and other claims settlements, gains and losses resulting from changes in certain balance sheet valuations (such as derivatives and warrants) and acquisition costs.<\/p><p>\n\u201c<b>EBITDA<\/b>\u201d is defined as net income before finance costs, taxes and depreciation and amortization.<\/p><p>\n\u201c<b>Revenue Backlog<\/b>\u201d is defined as the balance of unrecognized, undiscounted, consolidated revenues from signed contracts in our Capital Sales and operation and maintenance services (\u201cO&amp;M Services\u201d) segments. For our Capital Sales contracts, we have modeled only projects that have been contracted. For our O&amp;M Services segment, while most of our in-hand contracts are 5-15 years in tenure, we have conservatively modeled for only 3 years of contracted revenue. See \u201cReconciliation of Non-GAAP Measures\u201d below for a reconciliation of the foregoing non-GAAP measures to their most directly comparable measures calculated in accordance with GAAP.<\/p><p>\n<b>Conference Call and Webcast Details<\/b><\/p><p>\nA conference call to review the Company\u2019s financial results will take place at 10:00 a.m. (EDT) on Wednesday May 13, 2026. It will be hosted by management of Anaergia. An accompanying slide presentation will be posted to the Investor Relations section of the Company\u2019s website shortly before the call.<\/p><p>\nTo listen to the webcast live: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fevents.q4inc.com%2Fattendee%2F875922396&amp;esheet=54534515&amp;newsitemid=20260512303838&amp;lan=en-US&amp;anchor=https%3A%2F%2Fevents.q4inc.com%2Fattendee%2F875922396&amp;index=3&amp;md5=3fa93846564d365121a9fdc374cf587c\" rel=\"nofollow\" shape=\"rect\">https:\/\/events.q4inc.com\/attendee\/875922396<\/a><\/p><p>\nFor analysts and shareholders Q&amp;A registration: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fevents.q4inc.com%2Fanalyst%2F875922396%3Fpwd%3DkQ2s6GT8&amp;esheet=54534515&amp;newsitemid=20260512303838&amp;lan=en-US&amp;anchor=https%3A%2F%2Fevents.q4inc.com%2Fanalyst%2F875922396%3Fpwd%3DkQ2s6GT8&amp;index=4&amp;md5=e18030bd12a2dca0b3fd9739104cbf6a\" rel=\"nofollow\" shape=\"rect\">https:\/\/events.q4inc.com\/analyst\/875922396?pwd=kQ2s6GT8<\/a><\/p><p>\nThe webcast will be archived and available in the Investor Relations section of our website following the call.<\/p><p>\n<b>About Anaergia<\/b><\/p><p>\nAnaergia is a pioneering technology company in the RNG sector, with hundreds of patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. It is committed to addressing a significant source of greenhouse gas (GHG) emissions through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today\u2019s critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by us, by third parties, or through joint ventures. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions.<\/p><p>\nFor further information please see: <a  href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.anaergia.com%2F&amp;esheet=54534515&amp;newsitemid=20260512303838&amp;lan=en-US&amp;anchor=www.anaergia.com&amp;index=5&amp;md5=9a5705ef3a755abcd3099fdd6741427c\" rel=\"nofollow\" shape=\"rect\">www.anaergia.com<\/a><\/p><p>\n<b>Forward-Looking Statements<\/b><\/p><p>\n<i>This press release contains \u201cforward-looking information\u201d within the meaning of applicable securities laws. Forward-looking information may relate to future plans, expectations and intentions, results, levels of activity, performance, goals or achievements, other future events or developments and may include, without limitation, information regarding our financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, plans and objectives. Particularly, information regarding our future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201cwould\u201d, \u201cshould\u201d, \u201ccould\u201d, \u201cexpects\u201d, \u201cplans\u201d, \u201cintends\u201d, \u201cestimate\u201d, \u201cbelieves\u201d, \u201clikely\u201d, \u201cpotential\u201d, \u201ccontinue\u201d, or \u201cfuture\u201d or the negative or other variations of these words or other comparable words or phrases. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not facts but instead represent management\u2019s expectations, estimates and projections regarding future events or circumstances. Forward-looking statements in this press release include, among other things, statements relating to financial condition and results of operations; Company\u2019s strategic transition to a capital-light model; and <\/i><i>statements regarding the Company\u2019s Revenue Backlog<sup>1<\/sup> and potential future sales.<\/i><\/p><p>\n<i>Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that we considered appropriate and reasonable as of the date such statements were made. It is also subject to known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors described in the Company\u2019s annual information form and management\u2019s discussion and analysis for the year ended December 31, 2025. Certain assumptions in respect of our ability to execute on our expansion plans; our ability to obtain or maintain existing financing on acceptable terms; and our ability to realize the anticipated benefits of such are material factors underlying forward looking information and management\u2019s expectations. The purpose of the forward-looking statements in this press release is to provide the reader with a description of management\u2019s current expectations regarding the Company\u2019s financial performance and may not be appropriate for other purposes. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only to opinions, estimates and assumptions as of the date made. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as of the date of this press release, and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.<\/i><\/p><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td colspan=\"5\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Reconciliation of Non-GAAP Measures<\/b><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"5\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<span class=\"bwuline\">(In thousands of Canadian dollars)<\/span><\/p><\/td><\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Three months ended:<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth15 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>31-Mar-26<\/b><\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwwidth15 bwvertalignb bwpadr0\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>31-Mar-25<\/b><\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n(In thousands of Canadian dollars)<\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwvertalignt bwpadl0 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n\u00a0<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Net loss<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>(4,367)<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>(5,897)<\/b><\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nFinance costs, net<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,175<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,016<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nDepreciation and amortization<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,973<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,480<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nIncome tax (recovery) expense<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n1,435<\/p><\/td><td class=\"bwsinglebottom bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n(1,886)<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>EBITDA<\/b><sup>1<\/sup><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>216<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>(5,287)<\/b><\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nShare based compensation expense<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n576<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n250<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nOther (gains) losses, net<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n(28)<\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n809<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\nForeign exchange (gain) loss<\/p><\/td><td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb bwpadb3 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n302<\/p><\/td><td class=\"bwpadl0 bwsinglebottom bwpadr0 bwvertalignb bwpadb3 bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n288<\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<tr>\n<td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<td class=\"bwvertalignt bwpadl0 bwwidth40\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<b>Adjusted EBITDA<\/b><sup>1<\/sup><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>1,066<\/b><\/p><\/td><td class=\"bwpadl0 bwpadr0 bwvertalignb bwwidth15\" colspan=\"1\" rowspan=\"1\"><p class=\"bwalignr bwcellpmargin\">\n<b>(3,940)<\/b><\/p><\/td><td class=\"bwwidth15\" colspan=\"1\" rowspan=\"1\"\/>\n<\/tr>\n<\/table><table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwpadl0 bwwidth100\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n____________________<\/p><\/td><\/tr>\n<tr>\n<td class=\"bwpadl0\" colspan=\"1\" rowspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwpadl0 bwwidth100\" colspan=\"1\" rowspan=\"1\"><p class=\"bwcellpmargin\">\n<sup>1<\/sup> \u201cEBITDA,\u201d \u201cAdjusted EBITDA\u201d and \u201cRevenue Backlog\u201d are non-GAAP measures. See \u201cNon-GAAP Measures.\u201d<\/p><\/td><\/tr>\n<\/table><p>\n\u00a0<\/p><br\/> <b>Contacts<\/b> <br\/><p>\nFor media and\/or investor relations please contact: <a  href=\"mailto:IR@Anaergia.com\" rel=\"nofollow\" shape=\"rect\">IR@Anaergia.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>First Quarter 2026 Revenue Increased 122% and Adjusted EBITDA Expanded 127% Over First Quarter 2025BURLINGTON, Ontario&#8211;(BUSINESS WIRE)&#8211;$ANRG #ANRG&#8211;Anaergia Inc. (\u201cAnaergia\u201d, or the \u201cCompany\u201d) (TSX: ANRG) (OTCQX: ANRGF), a company that offers integr&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4790","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4790"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4790\/revisions"}],"predecessor-version":[{"id":4791,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/4790\/revisions\/4791"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}