EverGen Infrastructure Corp. (EVGN) AI Stock Analysis

• Market Cap: C$12.54M
• Dividend Yield: N/A
• Average Volume (3M): 20.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.81
• Revenue Growth: -5.10%
• EPS Growth: -255.70%
• Country: CA
• Employees: 35
• Sector: Energy
• Sector Strength: 52
• Industry: Regulated Gas
• EPS (TTM): -0.10
• Shares Outstanding: 22,391,462
• 10 Day Avg. Volume: 9,578
• 30 Day Avg. Volume: 20,230
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: C$0.50 ▼(-9.09% Downside)

EverGen Infrastructure Corp.'s overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues, negative profitability, and cash flow issues. Technical analysis provides some support with neutral indicators, but valuation remains unattractive due to a negative P/E ratio and no dividend yield.

EverGen Infrastructure Corp. Business Overview & Revenue Model

Company Description

EverGen Infrastructure Corp. (EVGN) is a leading renewable energy company based in Canada, focused on developing and operating sustainable infrastructure projects. The company specializes in the production and distribution of renewable natural gas (RNG) and other clean energy solutions, primarily targeting sectors such as waste management, agriculture, and energy production. EverGen's core services include the conversion of organic waste into RNG, which is then supplied to various markets, contributing to the reduction of greenhouse gas emissions and promoting a circular economy.

How the Company Makes Money

EverGen Infrastructure Corp. generates revenue through multiple key streams, primarily from the sale of renewable natural gas (RNG) produced at its facilities. The company partners with local municipalities and businesses to process organic waste, which generates a consistent feedstock for RNG production. Additionally, EverGen may earn revenue through power purchase agreements (PPAs) and renewable energy credits (RECs) associated with its clean energy output. Strategic partnerships with waste management companies and agricultural producers enhance its feedstock supply, while also expanding market reach for its RNG products. Overall, the company's earnings are bolstered by the growing demand for sustainable energy solutions and government incentives aimed at promoting renewable energy adoption.

EverGen Infrastructure Corp. Financial Statement Overview

Summary

EverGen Infrastructure Corp. shows potential for revenue growth but faces challenges in profitability and leverage. While cash flow metrics have improved, persistent net losses and high leverage levels present significant risks.

Income Statement

EverGen Infrastructure Corp. shows a volatile income statement with significant negative net income and EBITDA over the past years. However, revenue has increased substantially from 2023 to 2024, indicating potential for future growth. Margins like gross profit margin and EBIT margin remain negative, reflecting ongoing profitability challenges.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio, which increased over the years, indicating rising leverage. The equity ratio has decreased, pointing to a weaker equity position compared to liabilities. Though the company maintains a reasonable asset base, the decline in stockholders' equity presents concerns about financial stability.

Cash Flow

The cash flow statement shows improvement in operating cash flow, turning positive in 2024. The free cash flow has also improved significantly. Despite this, the high capital expenditures in earlier years and fluctuating free cash flow point to cash management challenges. The positive trend in recent cash flow metrics suggests a move towards better cash flow stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	11.45M	14.23M	8.44M	7.46M	9.56M	0.00
Gross Profit	66.00K	994.00K	-1.46M	-2.49M	6.79M	0.00
EBITDA	-14.09M	-11.23M	-1.87M	-1.05M	770.00K	149.00K
Net Income	-17.46M	-16.73M	-4.42M	-4.10M	-1.95M	-2.23M
Balance Sheet
Total Assets	78.58M	77.70M	93.53M	85.96M	80.61M	50.51M
Cash, Cash Equivalents and Short-Term Investments	4.51M	414.00K	585.00K	8.85M	19.60M	4.68M
Total Debt	27.96M	26.63M	24.16M	11.54M	9.76M	3.45M
Total Liabilities	33.77M	35.70M	35.95M	24.57M	19.24M	18.60M
Stockholders Equity	42.28M	39.43M	55.32M	58.92M	61.37M	31.91M
Cash Flow
Free Cash Flow	-1.42M	411.00K	-16.77M	-9.02M	-3.51M	-46.00K
Operating Cash Flow	268.00K	4.06M	307.00K	-1.35M	-1.92M	-46.00K
Investing Cash Flow	1.08M	-3.65M	-16.66M	-7.47M	-14.99M	-23.53M
Financing Cash Flow	2.76M	-582.00K	8.08M	-1.92M	34.19M	28.58M

EverGen Infrastructure Corp. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.55
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:EVGN, the sentiment is Neutral. The current price of 0.55 is below the 20-day moving average (MA) of 0.58, above the 50-day MA of 0.51, and below the 200-day MA of 0.67, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 51.71 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:EVGN.

EverGen Infrastructure Corp. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
BLM	―	C$52.09M	―	-3.01%	―	63.49%	-133.70%
EVGN	―	C$12.54M	―	-36.58%	―	-5.10%	-255.70%
LCFS	―	C$142.37M	-0.39	-102.17%	―	-7.35%	-3550.94%

EverGen Infrastructure Corp. Corporate Events

EverGen Infrastructure Reports Strong RNG Production and Strategic Advancements

EverGen Infrastructure Corp. reported operational updates for its renewable natural gas and organic waste processing facilities, demonstrating strong performance and growth potential. The company achieved significant production levels at its Fraser Valley Biogas and GrowTEC facilities and made strategic advancements at its Pacific Coast Renewables and Sea to Sky Soils sites. These efforts, including a key regulatory milestone and contract termination, are expected to enhance revenue and long-term profitability, positioning EverGen for sustainable growth and improved industry positioning.

The most recent analyst rating on (TSE:EVGN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on EverGen Infrastructure Corp. stock, see the TSE:EVGN Stock Forecast page.

EverGen Infrastructure Corp. Achieves Record RNG Production and Strengthens Financial Position in Q2 2025

EverGen Infrastructure Corp. reported its Q2 2025 financial results, highlighting significant achievements such as a $5 million private placement and a record increase in RNG production. The company is undergoing optimization activities across its core assets, which are expected to support long-term growth and strengthen its position in the RNG sector. Despite a temporary reduction in revenue due to these activities, EverGen is focused on sustainable growth and enhancing shareholder value.

The most recent analyst rating on (TSE:EVGN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on EverGen Infrastructure Corp. stock, see the TSE:EVGN Stock Forecast page.

EverGen Infrastructure to Release Q2 2025 Financial Results

EverGen Infrastructure Corp. has announced the release of its 2025 second quarter financial results scheduled for August 21, 2025, after market close. The company will hold a conference call on August 22, 2025, to discuss the results and provide a corporate update, which will be hosted by CEO Chase Edgelow. This announcement is part of EverGen’s ongoing efforts to maintain transparency with stakeholders and to highlight its strategic growth in the renewable energy sector.

The most recent analyst rating on (TSE:EVGN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on EverGen Infrastructure Corp. stock, see the TSE:EVGN Stock Forecast page.