Anaergia, Inc. · TSX:ANRG
Anaergia — Q3 2022 Earnings Presentation
15 slides from Anaergia's earnings presentation, Nov 10, 2022
Slide 1: Q3 2022 Results - Investor Conference Call
Anaergia Inc. Q3 2022 Results - Investor Conference Call November 10, 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 August 16, 2022 (collectively, this "presentation") are “forward-looking information” within the meaning of applicable Canadian
Slide 3: Participating in Today's Call
Participating in Today’s Call Dr. Andrew Benedek Dr. Yaniv Scherson Paula Myson Hani Kaissi Chair & CEO COO CFO CDO 3
Slide 4: Key Highlights
Key Highlights Revenue Growth Decarbonizing 2022 Biogas (C$ millions) APAC Capital shipping Groundbreaker Sales Recently signed an agreement to sell Award YTD Revenue Announced new capital sales contracts liquified CO2, a by-product of our Denmark facility, for producing 47% for projects in Singapor
Slide 5: Revenue Backlog and Market Opportunities
Revenue Backlog and Market Opportunities • European gas prices remain high. IEA projecting higher than historical average natural gas pricing through to 2025 Dutch TTF Natural Gas Price (Futures)2 Q3 2022 CLOSING REVENUE • Italy extended the deadline for new biogas BACKLOG1 facilities to be eligible
Slide 6: Financial Summary
Financial Summary YTD 2022 Revenue By Geography 3% NA Restated Restated 26% (CAD millions) Q3 Q3 YTD YTD EMEA Change 2022 2021 Change 2022 2021 APAC Revenues + 60% 44.5 27.7 +47% 122.2 83.2 71% Gross profit 10.0 5.7 25.4 19.4 Gross margin 22.6% 20.6% 20.8% 23.3% • Revenue throughout 2022 has grown a
Slide 7: Capital Management and Liquidity
Capital Management and Liquidity • Cash, cash equivalents, and current restricted cash as of September 30, 2022 of $141.4 M, up by $53.1 M from $88.3 M at the end of Q2 2022. Non-current restricted cash of $16.6 M. • Cash used in investing activities (in US and Europe) during Q3 2022 reported at $41
Slide 8: Financial Outlook
Financial Outlook • Fiscal 2022 guidance for both Revenue and Adjusted EBITDA has been revised to reflect both the performance for the first nine months and tempered growth expectations for the remainder of the year. • Since YTD revenues are already approximately equal to Fiscal 2021 revenues, Manag
Slide 9: Capital Sales
Capital Sales Restated Restated CAD Million Q3 2022 Q3 2021 Change YTD 2022 YTD 2021 Change Capital Sales Revenues $36.7 $22.9 60% $101.1 $71.8 41% Significant Capital Sales Growth • Overall, YTD capital sales revenue up 41% YOY primarily due to revenue growth in Italy and execution on large project
Slide 10: The Sterling Natural Resources Center
The Sterling Natural Resources Center World’s first wastewater plant where 100% of the feed becomes a commercial product and excess energy is exported thanks to Anaergia technology 3.0 MW Of renewable Electricity 8,000,000 Gallons/day of recycled water ~2,000 Tons/year of fertilizer 10
Slide 11: Services and BOO
Services and BOO Restated Restated CAD Million Q3 2022 Q3 2021 Change YTD 2022 YTD 2021 Change Services $4.2 $3.3 27% $12.7 $8.0 59% BOO $3.5 $1.5 144% $8.5 $3.4 154% Continued Service Revenue Growth • Service segment of the business continues to grow, with Q3 service revenue up 59% YOY • Large cont
Slide 12: BOO Overview
BOO Overview No. of Annual RNG Output1 Run-Rate Location Consolidated CAPEX2 BOO Revenue Projects (MMBTU) EBITDA3, 4 Backlog PROJECTS BACKLOG 6 BOOs in Operation6 North America5 Europe5 6 7 2,073,000 2,166,000 ~$315 M ~$367 M ~$81 M ~$96 M Current $4.5B Q3 2021 $3.3B Change +36% 7 BOOs in Execution
Slide 13: Key Q3 Takeaways
Key Q3 Takeaways The overall business fundamentals remain strong, and the business has seen healthy growth, as demonstrated by ~50% YOY increase in YTD revenue. ➢ The Company continues to build a strong operational base at its 13 BOO facilities. ➢ In Italy, 2 facilities are now in operation and inje
Slide 14: Q&A
Q&A 14
Slide 15: Thank you for attending.
Thank you for attending. 15