Anaergia Inc. (ANRG) Earnings Call Transcripts

Anaergia Inc.'s Latest Earnings Call - Q4 FY2025

In Q4 2025, Anaergia Inc. reported a remarkable revenue increase of 111% year-over-year, reaching $71.7 million, contributing to a full-year revenue of $180.2 million, up 61% from 2024. The company achieved positive adjusted EBITDA for the year, marking a significant turnaround from a loss of $26.9 million in 2024. Management expressed confidence in future growth, citing a revenue backlog of $257 million, up 149% year-over-year, and strong market signals across all regions, particularly in Europe and North America.

Reported metrics

Guidance from management

Management expressed optimism about 2026, indicating that the BOO assets are expected to contribute positively to cash flows, particularly with the SoCal facility under the SB 1440 program.

What management said

Thank you, Yaniv. As you have heard today, we have made a significant progress across the business. We improved execution. We operated with discipline, and we delivered results. These were not easy changes, but they were necessary. You can see it in our revenues, in our margins, in our EBITDA, and in a backlog that has more than doubled. Anaergia is a stronger company, a more focused company, a more disciplined compa...

Yes, for sure. We have a pipeline of more than $1 billion, okay? But we put the backlog only things that we signed. So Nortegas, we were awarded 16 projects, 15 of them are in the pipeline, and only one that is actually going on right now is in the backlog. So, our pipeline is growing significantly. And we see this increase actually daily, definitely not with the situation in the global markets. So, yes, we have quit...

What analysts pressed on

Analysts raised questions about the sustainability of the revenue growth and whether there was any pull-forward of revenue in Q4. There were also inquiries regarding the timeline for project completions and the capital allocation strategy for 2026.

Main topics on the call

• Revenue Growth Acceleration — Anaergia's revenue for Q4 2025 was $71.7 million, a 111% increase from $34.1 million in Q4 2024. For the full year, revenue reached $180.2 million, up 61% from $111.6 million in 2024, driven by increased capital sales ac...
• Positive Adjusted EBITDA Achievement — The company reported positive adjusted EBITDA of $0.6 million for the full year 2025, an improvement of $27.5 million from a loss of $26.9 million in 2024. This milestone reflects the effectiveness of their strategic exe...
• Significant Revenue Backlog Growth — Anaergia's revenue backlog stood at $257 million as of December 31, 2025, representing a 149% increase from $103.1 million at the end of 2024. Management emphasized that this backlog reflects strong visibility into futur...
• Cost Discipline and Margin Improvement — Gross profit for Q4 2025 increased by 79% to $16.1 million, while gross margins for the full year improved to 26% from 23% in 2024. Management attributed this improvement to tighter cost discipline and a focus on more pr...

Read the full Anaergia Inc. transcript (Q4 FY2025) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 14 Anaergia Inc. earnings call transcripts on record, spanning August 13, 2021 to August 11, 2026. Based on this history, Anaergia Inc. reports semi-annually. The most recent call on file is dated August 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ANRG

Exchange

TSX

Country

CA

Sector

Industrials

Industry

Commercial Services and Supplies

Calls on record

14

First call

August 13, 2021

Most recent

August 11, 2026

Reporting cadence

semi-annually