Canada's Anaergia Q1 revenue jumps on higher project activity in Europe and North America

Anaergia

12/05/2026 22:42

Overview

Canada waste-to-value firm's Q1 revenue rose 122% yr/yr

Adjusted EBITDA for Q1 missed analyst expectations, but remained positive for third straight quarter

Revenue growth driven by higher project activity in Europe and North America

Outlook

Anaergia says growing revenue backlog supports continued disciplined project execution

Company focuses on converting backlog into profitable revenue over project timelines

Anaergia says new credit facility strengthens financial flexibility for ongoing execution

Result Drivers

CAPITAL SALES EXECUTION - Higher capital sales project execution in Europe and North America drove revenue growth and improved gross profit

GROSS MARGIN EXPANSION - Improved performance in the Capital Sales segment contributed to higher gross profit margin

CONTRACT AWARDS - Over C$54 mln in new contract awards signed, increasing revenue backlog to C$265 mln

Company press release: ID:nBw5LrDRha

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
C$55.20 mln
C$45.40 mln (2 Analysts)
Q1 Adjusted EBITDA
Miss
C$1.10 mln
C$1.60 mln (3 Analysts)
Q1 Gross Profit
C$12.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the environmental services & equipment peer group is "buy"

Wall Street's median 12-month price target for Anaergia Inc is C$5.06, about 53.7% above its May 12 closing price of C$3.29

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)