Anaergia Reports Q1 2026 Results: Full Earnings Call Transcript

Anaergia (TSX: ANRG ) held its first-quarter earnings conference call on Wednesday.

Below is the complete transcript from the call.

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Access the full call at Summary Energia reported a 122% year-over-year increase in total revenue for Q1 2026, reaching $55.2 million, with a 135% increase in gross profit.

The company achieved positive adjusted EBITDA for the third consecutive quarter, at $1.1 million, marking a $5 million improvement from the previous year.

Energia's revenue backlog grew 32% year-over-year, now standing at $265 million, driven by strong contract awards across key markets.

Strategically, Energia entered the hydro-treated vegetable oil market and received approval for its SoCal biomethane facility under California's SB 1440 program.

Operational highlights include progress in Spain with biomethane facilities and achieving a negative carbon intensity score for the Rhode Island facility, enhancing its revenue potential.

Management remains optimistic about continued growth, emphasizing a capital-light, IP-rich business model and highlighting significant pipeline opportunities valued at around $1 billion.

Full Transcript OPERATOR Ladies and gentlemen, thank you for joining us and welcome to the Energia first quarter 2026 conference call and webcast.

After today's prepared remarks, we will host a question and answer session.

If you would like to ask a question, please raise your hand.

If you have dialed in to today's call, please press star nine to raise your hand and star six to unmute.

I will now hand the conference over to Darlene Webb, Investor Relations.

Please go ahead.

Darlene Webb, Investor Relations Thank you very much, operator, and good morning everyone.

On today's call, we'll be discussing Energia's earnings for the first quarter of 2026, which ended March 31, 2026.

If you're following along with our slide deck, which is available here or on our live streaming webcast, or you can also access it here directly from the investors section of our website.

My comments relate specifically to slides one through three.

On slide two, you'll see that on today's call, I am joined by Mr.

Assaf, Energia's Chief Executive Officer, Mr.

Greg Wolf, Energia's Chief Financial Officer, and Dr.

Yaniv Sherson, Energia's Chief Operating Officer.

Before beginning our formal remarks, we would like to refer you to slide 3 of the presentation which contains a caution on forward-looking information and a note on the use of non-GAAP measures.

Listeners are reminded, as always, that today's discussion may contain forward-looking statements that reflect current views with respect to future events.

Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in these forward-looking statements.

Energia does not undertake to update any forward-looking statements except as may be required by applicable laws.

Listeners are urged to review the full discussion of risk factors in the company's prospectus that is filed with the Canadian securities regulators.

You may now move on to slide four and with that, turn the call over to Assaf.

Assaf (Chief Executive Officer) Thank you, Darlene.

Good morning, everyone.

Thank you for joining us.

We are now on slide five.

I want to start with where Energia stands at the close of the first quarter.

Almost two years ago, we shifted the company to a capital-light business model.