Anaergia (ANRG) AI Stock Analysis

• Market Cap: C$237.85M
• Dividend Yield: N/A
• Average Volume (3M): 49.92K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.37
• Revenue Growth: -17.26%
• EPS Growth: 91.10%
• Country: CA
• Employees: 282
• Sector: Industrials
• Sector Strength: 90
• Industry: Waste Management
• EPS (TTM): N/A
• Shares Outstanding: 169,890,500
• 10 Day Avg. Volume: 39,244
• 30 Day Avg. Volume: 49,922
• PEG Ratio: -0.10
• Price to Book (P/B): -4.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.30
• Price Target Upside: -7.14% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 52 Neutral
• Price Target: C$1.50 ▲(7.14%Upside)

Anaergia's overall stock score is primarily impacted by its weak financial performance, which is a significant risk factor. Technical analysis and corporate events provide some positive outlook, with strategic expansions indicating potential for future growth. However, valuation challenges and financial instability weigh heavily on the score.

Anaergia Business Overview & Revenue Model

Company Description

Anaergia, Inc. (ANRG) is a global leader in the renewable energy sector, focusing on the conversion of waste into renewable energy and other useful byproducts. The company offers integrated solutions for waste management, including anaerobic digestion, wastewater treatment, and resource recovery. Anaergia’s core products and services are aimed at transforming organic waste into valuable resources such as biogas, fertilizer, and clean water, thereby contributing to sustainability and energy independence.

How the Company Makes Money

Anaergia, Inc. generates revenue primarily through the sale of renewable energy solutions and services. The company's key revenue streams include the sale of biogas and electricity generated from the conversion of organic waste, as well as fees for waste treatment and resource recovery services. Anaergia partners with municipalities, agricultural operations, and industrial clients to implement its technologies, which can include long-term service agreements, build-own-operate models, and technology licensing. The company's earnings are also supported by government incentives for renewable energy projects and environmental sustainability initiatives.

Anaergia Financial Statement Overview

Summary

Anaergia, Inc. is facing significant financial challenges, with declining revenues and negative equity. The financial instability is further highlighted by negative free cash flow and high leverage, indicating substantial financial risk.

Income Statement

The income statement shows declining revenue and profitability with total revenue decreasing from $162.9M in 2022 to $111.6M in the TTM. The gross profit margin for the TTM is approximately 21.9%, which is relatively weak. The net profit margin is negative due to significant net losses, indicating poor profitability. EBIT and EBITDA margins are also negative, reflecting operational challenges.

Balance Sheet

The balance sheet indicates financial stress with negative stockholders' equity of $57.6M in the TTM, a concerning indicator of financial instability. The debt-to-equity ratio is not calculable due to negative equity, while total liabilities exceed total assets, indicating high leverage. Furthermore, the equity ratio is negative, pointing to high financial risk.

Cash Flow

The cash flow statement reveals negative free cash flow growth, with free cash flow decreasing from -$130.9M in 2023 to -$42.1M in the TTM. The operating cash flow to net income ratio is negative, highlighting cash flow challenges. Although financing cash flow remains positive, it is driven by external financing rather than operational efficiency.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
111.65M	147.22M	162.85M	153.58M	128.04M
	Gross Profit
25.63M	14.60M	28.60M	31.63M	28.55M
	EBIT
-40.04M	-85.80M	-36.74M	-9.49M	-4.42M
	EBITDA
-38.37M	-185.49M	-53.59M	-11.38M	-4.53M
	Net Income Common Stockholders
-42.89M	-182.60M	-74.71M	-9.38M	-16.82M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
30.22M	22.11M	55.38M	79.32M	41.16M
	Total Assets
233.33M	278.67M	935.11M	703.91M	452.23M
	Total Debt
71.71M	70.89M	377.65M	221.50M	168.63M
	Net Debt
41.49M	48.77M	322.27M	142.18M	127.47M
	Total Liabilities
180.12M	205.08M	592.97M	367.30M	326.46M
	Stockholders Equity
-57.65M	-55.38M	208.84M	218.02M	43.27M
Cash Flow		Free Cash Flow
-41.01M	-130.87M	-152.97M	-127.54M	-100.57M
	Operating Cash Flow
-30.23M	-66.76M	-30.56M	-38.95M	26.63M
	Investing Cash Flow
10.90M	-27.80M	-192.50M	-149.62M	-154.48M
	Financing Cash Flow
32.52M	64.76M	198.13M	229.91M	153.87M

Anaergia Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.40
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ANRG, the sentiment is Positive. The current price of 1.4 is above the 20-day moving average (MA) of 1.30, above the 50-day MA of 1.14, and above the 200-day MA of 0.97, indicating a bullish trend. The MACD of 0.06 indicates Negative momentum. The RSI at 64.94 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ANRG.

Anaergia Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WCN	77 Outperform	$66.79B	76.98	7.96%	0.67%	14.23%	-18.94%
BLM	76 Outperform	C$60.16M	2,314.29	0.16%	―	49.38%	-93.75%
GFL	67 Neutral	$25.21B	9.57	-10.02%	0.11%	1.37%	-9742.41%
Sector *	66 Neutral	$4.49B	12.34	5.40%	248.65%	4.13%	-12.33%
ANRG	52 Neutral	C$237.85M	―	105.95%	―	-17.26%	91.10%

Anaergia Corporate Events

Anaergia to Build Biogas Facility in South Korea

Anaergia Singapore Pte. Ltd., a subsidiary of Anaergia Inc., has signed a conditional contract with New Jeju Bio Co. Ltd. to design and build a biogas facility on Jeju Island, South Korea. This project, valued at approximately C$40 million, marks Anaergia’s first venture in South Korea and is expected to be completed by mid- to late-2027. The facility will convert organic waste into renewable energy, significantly reducing greenhouse gas emissions and promoting waste recycling on Jeju Island. This development enhances Anaergia’s market presence in South Korea and demonstrates its capability to deliver integrated waste-to-energy solutions.

The most recent analyst rating on (TSE:ANRG) stock is a Hold with a C$1.30 price target. To see the full list of analyst forecasts on Anaergia stock, see the TSE:ANRG Stock Forecast page.

Anaergia and Capwatt Partner to Launch Metanext Biogas Facility in Italy

Anaergia Inc., through its subsidiary Anaergia S.r.l., has signed a C$7.3 million contract with Capwatt Biomethane Unipessoal, Lda to design and construct the Metanext anaerobic digestion facility in Italy. This project is the first of nine planned facilities aimed at enhancing Europe’s green energy infrastructure and accelerating biomethane production, with a total expected revenue of over C$60 million. The Metanext facility will produce 7.6 million cubic meters of biomethane annually, marking a significant step in sustainable energy production and the energy transition in Europe.

The most recent analyst rating on (TSE:ANRG) stock is a Hold with a C$1.30 price target. To see the full list of analyst forecasts on Anaergia stock, see the TSE:ANRG Stock Forecast page.

Anaergia Inc. Achieves Record Revenue Backlog Amid Strategic Progress

Anaergia Inc. reported a record revenue backlog of $200 million for the first quarter of 2025, marking a 94.1% increase from the previous quarter, driven by capital sales in Italy and North America. Despite a slight decrease in revenue and gross profit, the company improved its adjusted EBITDA loss by 34.5% compared to the previous year, reflecting strategic actions to strengthen its financial foundation and investor confidence.

The most recent analyst rating on (TSE:ANRG) stock is a Hold with a C$1.30 price target. To see the full list of analyst forecasts on Anaergia stock, see the TSE:ANRG Stock Forecast page.

Anaergia Expands Role in East County Water Purification Project

Anaergia Inc. has expanded its project scope with the East County Advanced Water Purification Joint Powers Authority in East San Diego County, California. The change order will see Anaergia providing additional engineering services and equipment, increasing its revenue by C$8.6 million. This development is part of a larger water purification initiative aimed at creating a sustainable and drought-proof drinking water supply for the region. The project will utilize Anaergia’s technology to transform waste into energy, thereby reducing operating costs and benefiting local ratepayers.

Anaergia and Capwatt Partner for Nine New Biogas Plants in Europe

Anaergia Inc. has signed a binding Letter of Intent with Capwatt to design and build nine biomethane facilities in Portugal, Spain, and Italy, expected to generate over C$60 million in revenue. This agreement strengthens Anaergia’s position in the renewable energy sector, enhancing Europe’s green energy infrastructure and accelerating biomethane production, while showcasing Capwatt’s commitment to sustainable energy.

Anaergia and Techbau Partner to Build Biomethane Plants in Italy

Anaergia Inc. has finalized a contract with Techbau S.p.A. to build five biomethane production plants in Italy, utilizing Anaergia’s proprietary anaerobic digestion systems. This project aligns with Italy’s sustainability goals and is expected to produce 234,000 MWh of renewable biomethane annually by mid-2026, contributing to the country’s gas pipeline grid and generating over C$27 million in revenue for Anaergia.

Anaergia Inc. Reports Positive Financial Outlook Amid Revenue Backlog

Anaergia Inc. reported its financial results for the fourth quarter and fiscal year 2024, highlighting a positive outlook supported by a revenue backlog of $103.1 million. Despite a 24.2% decrease in annual revenue due to project completions and delays, the company saw improvements in gross profit and adjusted EBITDA, driven by higher margin contracts and cost management. The net loss improved significantly due to nonrecurring transactions in the prior year, and the company remains confident in its strategic growth plan.

Anaergia to Develop Biomethane Plants in Italy with QGM Partnership

Anaergia Inc., through its subsidiary Anaergia S.r.l., has signed contracts to construct two biomethane production plants in northern Italy, in partnership with QGM S.á.r.l. These facilities will utilize Anaergia’s advanced anaerobic digestion technologies to convert agricultural waste into renewable biomethane, contributing to Italy’s sustainability and decarbonization efforts. The projects, valued at over C$46 million, are expected to be operational by mid-2026, enhancing Italy’s renewable energy supply and reinforcing Anaergia’s position as a leader in the renewable natural gas industry.

Anaergia to Build Major Waste Treatment Plant in Fermo, Italy

Anaergia Inc., in partnership with Edil Alta S.r.l., has been awarded a contract by the City of Fermo, Italy, to construct a waste treatment plant featuring an anaerobic digestion facility. This facility will process over 35,000 tons of organic waste annually, producing approximately 31,400 MWh of biomethane to be converted into compressed natural gas for vehicle fueling. The project, valued at C$45.5 million, is expected to be completed by mid-2026 and will generate significant revenue for Anaergia, enhancing its position in the renewable energy sector.