Canada · Delayed Price · Currency is CAD EverGen Infrastructure Earnings Call Transcripts
Fiscal Year 2026
-
A leading RNG platform is leveraging a high-quality asset base, long-term contracts, and operational excellence to drive visible EBITDA growth and expansion. Recent recapitalization, strong grant funding, and a favorable regulatory environment support ambitious growth targets and position the company as a reliable RNG supplier for utilities.
Fiscal Year 2025
-
2025 saw a successful turnaround with record Q4 RNG production, improved EBITDA, and a strengthened balance sheet after recapitalization and refinancing. Growth is expected from asset expansions and long-term contracts, with regulatory and market shifts supporting future revenue.
-
Q3 saw record RNG production and stable revenue, despite lower composting volumes and a year-over-year revenue decline. Financing initiatives and a strategic reset position the platform for long-term growth, with strong market conditions and regulatory support.
-
Q2 2025 saw record RNG production and revenue growth quarter-on-quarter, though year-over-year revenues declined due to lower volumes at organics facilities. Key regulatory and financing milestones were achieved, positioning the business for long-term value creation.
-
Leadership and board transitions, a CAD 5 million equity investment, and operational improvements have repositioned the company for growth. Q1 was challenging, but strong R&G production and regulatory tailwinds support a positive outlook.
Fiscal Year 2024
-
Record RNG production and 69% revenue growth were achieved, with adjusted EBITDA up 363% year-over-year. A $7 million private placement will support deleveraging and project development, while new legislation and political stability are expected to accelerate future growth.
-
Q3 2024 saw a 57% revenue increase and a 15% rise in RNG production, with Adjusted EBITDA up to CAD 1 million. Major projects are fully funded, and cost reductions are expected as Fraser Valley nears full capacity and GrowTEC expands.
-
Q2 2024 saw 96% revenue growth and record RNG production, driven by Fraser Valley Biogas ramp-up and improved pricing. Adjusted EBITDA rose to CAD 1.1 million, with key projects advancing toward FID and further upside expected as capacity increases.