Positive Adjusted EBITDA
Anaergia reported a positive adjusted EBITDA of $2.6 million, marking the first time in over 2 years that the company achieved positive results, an improvement of $9 million or nearly 140% compared to a loss of $6.4 million last year.
Significant Revenue Growth
Revenue for Q3 was $51.4 million, an increase of 77% or $22.3 million compared to $29 million in the same period in 2024, driven by strong performance in Italy and North America.
Gross Margin Improvement
Gross margins climbed to 28.8%, up from 20.7% in Q3 2024, an 8.1% increase due to higher gross profit in the Capital Sales segment and efficiency gains.
Reduction in Net Loss
Net loss was reduced to $0.5 million in Q3 2025 from a net loss of $15.6 million in Q3 2024, showcasing a significant improvement of more than $15 million year-over-year.
Strong Revenue Backlog
Revenue backlog reached $287 million by quarter end, up from $244 million in Q2 and $103 million at the start of the year, indicating strong momentum and customer confidence.