Anaergia, Inc. · TSX:ANRG
Anaergia — FY2021 Earnings Presentation
17 slides from Anaergia's earnings presentation, Mar 28, 2022
Slide 1: Q4 and FY 2021 Results Investor Conference Call
Anaergia Inc. Q4 and FY 2021 Results Investor Conference Call March 28, 2022 TSX: ANRG Fueling a Sustainable World
Slide 2: Disclaimers
Disclaimers Forward-Looking Information Certain statements in this presentation and certain oral statements made by senior management during the earnings conference call on November 11, 2021 (collectively, this "presentation") are “forward-looking information” within the meaning of applicable Canadi
Slide 3: Participating in Today's Call
Participating in Today’s Call 3
Slide 4: Key Highlights
Key Highlights REVENUE $1.9B Market (C$ millions) EMEA Total increase in revenue backlog2 from YE 2020 to YE Growth Outlook 20% Growth 2021, representing a 68% Spike in European natural gas increase. 7 BOO facilities in construction in prices is expected to significantly 153.6 Europe. Revenue increa
Slide 5: Market Update
Market Update Strong EMEA Outlook • All-time high natural gas prices are projected toQ3 2021 remain highCLOSING REVENUE throughout 2022. International Energy Agency (IEA) was already forecasting an all-time high1 BACKLOG average price of US$26 /MMBTU before the conflict in Ukraine. • European commis
Slide 6: Revenue Backlog
Revenue Backlog 2021 YE CLOSING REVENUE CONTINUED REVENUE • Overall, Revenue Backlog1 grew by ~$1.9 B in 2021, up nearly 68% compared to YE BACKLOG1 BACKLOG1 GROWTH (C$ 2020 Billions) • Officially booked the Tonder project in Q4 of 2021, contributing over $1 B to our Capital Sales revenue backlog1 S
Slide 7: Financial Summary
Financial Summary FY 2021 Revenue By Geography 5% NA 35% EMEA APAC 60% • FY 2021 Revenue increased 20% as compared to FY 2020, mainly driven by growth in Italy • Gross margin erosion for Q4 and FY 2021 was primarily due to atypical cost overruns in Q4 from a legacy project in Netherlands as it winds
Slide 8: Business Development – Our Segments
Business Development – Our Segments As more BOO facilities become operational, the revenue make-up will shift towards the high-margin, recurring BOO revenue generated from tipping fees and RNG offtake sales Capital Sales Proprietary Anaergia Waste-to-Energy • Sales of proprietary technology solution
Slide 9: Capital Sales
Capital Sales CAD Million Q4 2021 Q4 2020 Change FY 2021 FY 2020 Change Capital Sales $45.4 $36.6 24% $139.1 $116.9 19% Revenues Strong Capital Sales Growth in 2021 • Capital sales continued to drive majority of our FY 2021 revenues as BOOs ramp up • Capital sales grew ~19% in FY 2021 as compared to
Slide 10: Services and BOO
Services and BOO CAD Million Q4 2021 Q4 2020 Change FY 2021 FY 2020 Change Services $4.2 $2.7 54% $12.2 $8.7 40% BOO $0.6 $0.6 - $2.2 $2.4 (7%) Continued Service Revenue Growth • Service revenue grew by a healthy 40% for FY 2021 compared to FY 2020 • New services contracts signed in Q4 2021 and earl
Slide 11: BOO Overview
BOO Overview Original Run- Expected Run- No. of Annual RNG Consolidated Status Rate Rate BOO Revenue Projects Output1 (MMBTU) CAPEX2 EBITDA3 EBITDA3, 4 Backlog(3) PROJECTS BACKLOG Operating5,6 4 1,389,000 ~$262 M ~$70 M ~$70 M Current $4.4B 6 At IPO $2.5B In Execution 9 2,850,000 ~$420 M ~$69 M ~$10
Slide 12: Rialto Bioenergy Facility Update
Rialto Bioenergy Facility Update LA Organics Recycling Ramp-Up Expected in 2022 • Feedstock continues to ramp-up as the organics collection program rolls out • State law (SB1383) requires all generators to sign up for organics collection • Haulers face penalties for shortfall in diversion OREXTM Lin
Slide 13: Other BOO Updates
Other BOO Updates SoCal Biomethane (Victorville RNG Facility) • Operations recently commenced in January, with RNG now being actively injected and stored in the grid • First WWTP in CA to inject RNG from food waste and wastewater, serves as a replicable model to leverage existing infrastructure and
Slide 14: Financial Outlook
Financial Outlook Healthy Growth • Higher than anticipated growth in Europe benefitting the company, but not enough to compensate for Rialto ramp-up delay • Rialto delay was expected to reduce Fiscal 2022 results; new Tonder project was anticipated to help make-up Rialto short fall • Global supply c
Slide 15: Q&A
Q&A 15
Slide 16: Thank you for attending.
Thank you for attending. 16
Slide 17: Appendix
Appendix Adjusted EBITDA: Is calculated by adding and deducting, as applicable, certain expenses, costs, charges or benefits incurred in such period which in management’s view are either not indicative of underlying business performance or impact the ability to assess the operating performance of ou