Anaergia, Inc. · TSX:ANRG
Anaergia — Q3 2025 Earnings Presentation
15 slides from Anaergia's earnings presentation, Nov 12, 2025
Slide 1: Anaergia Reports Third Quarter 2025 Financial Results - Investor Conference Call
Anaergia Inc. Anaergia Reports Third Quarter 2025 Financial Results - Investor Conference Call November 12, 2025 TSX: ANRG OTCQX: ANRGF Fueling a Sustainable World
Slide 2: Participating in Today's Call
Participating in Today’s Call Assaf Onn Chief Executive Officer Greg Wolf Dr. Yaniv Scherson Chief Financial Officer Chief Operating Officer 2
Slide 3: 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 12, 2025 (collectively, this "presentation") are “forward-looking information” within the meaning of applicable Canadi
Slide 4: Anaergia 2.0 – A Glimpse of Our Future
Anaergia 2.0 – A Glimpse of Our Future Reimagining the possible Engineering innovation with purpose Turning waste into renewable energy at scale Driven by imagination, discipline, and belief Building what few in the world can – and doing it better 4
Slide 5: Anaergia 2.0 – A Defining Quarter
Anaergia 2.0 – A Defining Quarter Operational Capital Sales Geographic Strategic Stronger Efficiency Focus Expansion Partnerships Balance Sheet Lean Discipline Record Growth Global Execution Proven Trust Adjusted EBITDA Positive 5
Slide 6: Strong Financial Performance
Strong Financial Performance YoY ($CAD millions) Q3 2025 Q3 2024 Change Revenues $51.4 $29.0 77% Gross profit $14.8 $6.0 146% Gross margin 28.8% 20.7% 8.1 pts SG&A, net $14.0 $16.7 16% Net Loss ($0.5) ($15.6) 97% Adjusted EBITDA(1) $2.6 ($6.4) 140% (1) "Adjusted EBITDA" is a non-GAAP measure. Please
Slide 7: Q3 2025 Financial Results (reported in $CAD)
Q3 2025 Financial Results (reported in $CAD) Operating Results • Q3 2025 Revenue: increased by 77%, to $51.4M • Q3 2025 Gross profit: increased significantly by 146% to $14.8M • Q3 2025 Gross margins: increased to 28.8% or 8.1 percentage points • Q3 2025 SG&A: decreased by 16% to $14.0M • Q3 2025 Ne
Slide 8: Record Backlog Growth
Record Backlog Growth 179% Revenue Backlog Snapshot 300 250 • $234M in Capital Sales $287.0M 200 $243.9M • $53M in O&M Services 150 Revenue Backlog is defined as the balance of 100 unrecognized, undiscounted, consolidated revenues from signed contracts in our Capital Sales and O&M $103.1M Services s
Slide 9: Execution Driving Performance
Execution Driving Performance • Backlog conversion accelerating • Improved project controls and cost management • Capital-sales model driving revenue • BOO operations stable and continue to ramp • Strong progress in Europe and Asia 9
Slide 10: Europe & Asia – Converting Backlog to Revenue
Europe & Asia – Converting Backlog to Revenue Europe: Building Momentum • Multi-project framework awards in Spain • Follow-on projects in Italy (Bioenerys & QGM) • Strengthened margins through disciplined execution • Repeat partnerships driving backlog expansion Asia: Scaling for the Long Term • Sin
Slide 11: Build-Own-Operate Platform – Foundation for Recurring Growth
Build-Own-Operate Platform – Foundation for Recurring Growth Operational Reliability • Performance improving across owned facilities, supported by targeted operational upgrades Efficiency Improvements • Targeted process and equipment upgrades increasing stability and reducing operating costs Strateg
Slide 12: Record Revenue Backlog – Momentum Building Quarter over Quarter
Record Revenue Backlog – Momentum Building Quarter over Quarter • $287 million Revenue Backlog at Q3 close • Nearly triple since Q42024 • Growth driven by capital-sales projects and repeat partners 12
Slide 13: Anaergia 2.0 – Turning Innovation into Impact
Anargia 2.0 -- Turning Innovation into Impact Precision · Partnership · Performance A global platform delivering environmental and financial results worldwide Fueling a sustainable world 13
Slide 14: The Future Is Already in Motion
The Future Is Already in Motion We are the engineers of change Transforming possibility into progress Waste into resource Belief into results Anaergia 2.0 is working And this is only the beginning . . . 14
Slide 15: Thank you
Thank you 15