Anaergia, Inc. · TSX:ANRG
Anaergia — Q3 2023 Earnings Presentation
10 slides from Anaergia's earnings presentation, Nov 14, 2023
Slide 1: Anaergia Reports Third Quarter 2023 Financial Results - Investor Conference Call
Anaergia Inc. Anaergia Reports Third Quarter 2023 Financial Results - Investor Conference Call Nov 14, 2023 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 14, 2023 (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 Brett Hodson Dr. Yaniv Scherson Andrew Spence Chief Executive Officer Chief Operating Officer Chief Financial Officer 3
Slide 4: Summary
Summary • Challenging times continue for the Company • Q3 Financials Statements and MD&A have been released • Strategic Review ongoing with some improvements in liquidity from recent transactions o Piper Sandler engaged in Q3 2023 to assist the Company o Sale of our six Italian Build-Own-Operate (“B
Slide 5: Q3 Financial Overview
Q3 Financial Overview 1. Key Disclosures • Substantial doubt about the Company’s ability to continue as a going concern • Closing of US$20 million financing for Rhode Island Bioenergy Facility • Agreement on the sale of the AIP financed portfolio in Italy 2. Key provisions and charges • Impairment o
Slide 6: Q3 Financial Results
Q3 Financial Results • Q3 2023 Revenue was lower by 24% compared to Q3 2022 primarily due to capital sale projects coming nearing completion and delay in new project bookings (CAD millions) Q3 2023 Q3 2022 YTD YTD 2023 2022 • Gross Margin for Q3 2023 was back to ~22% recovering from cost overruns an
Slide 7: Update on BOO Assets
Update on BOO Assets RBF Anaergia Bioenergy Facilities • The California state continues to implement and • SoCal Biomethane continues to ramp up towards enforce feedstock regulations as RBF undergoes capacity and is operating smoothly. restructuring under Chapter 11. • Construction on the Rhode Isla
Slide 8: Strategic Review Ongoing
Strategic Review Ongoing • As previously disclosed, the Company is continuing a business reset and is taking action to reduce the capital burden from future projects, improve margin, reduce SG&A, and conserve cash. • A Strategic Review was launched in Q3 2023 and is ongoing. Piper Sandler & Co. was
Slide 9: Q&A
Q&A 9
Slide 10: Thank you for attending
Thank you for attending 10