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EverGen Infrastructure Corp.
(EVGN)
EverGen Infrastructure Corp. (EVGN) vs. iShares MSCI Canada ETF (EWC)
EverGen Infrastructure Corp. Business Overview & Revenue Model
EverGen Infrastructure Corp. Earnings Call Summary
EverGen Infrastructure Corp. Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 14.23M | 8.44M | 7.46M | 9.56M | 0.00 |
| Gross Profit | 994.00K | -1.46M | -2.49M | 6.79M | 0.00 |
| EBITDA | -12.08M | -1.87M | -1.05M | 770.00K | 149.00K |
| Net Income | -16.73M | -4.42M | -4.10M | -1.95M | -2.23M |
Balance Sheet | |||||
| Total Assets | 77.70M | 93.53M | 85.96M | 80.61M | 50.51M |
| Cash, Cash Equivalents and Short-Term Investments | 414.00K | 585.00K | 8.85M | 19.60M | 4.68M |
| Total Debt | 26.63M | 24.16M | 11.54M | 9.76M | 3.45M |
| Total Liabilities | 35.70M | 35.95M | 24.57M | 19.24M | 18.60M |
| Stockholders Equity | 39.43M | 55.32M | 58.92M | 61.37M | 31.91M |
Cash Flow | |||||
| Free Cash Flow | 411.00K | -16.77M | -9.02M | -3.51M | -46.00K |
| Operating Cash Flow | 4.06M | 307.00K | -1.35M | -1.92M | -46.00K |
| Investing Cash Flow | -3.65M | -16.66M | -7.47M | -14.99M | -23.53M |
| Financing Cash Flow | -582.00K | 8.08M | -1.92M | 34.19M | 28.58M |
EverGen Infrastructure Corp. Technical Analysis
EverGen Infrastructure Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | $16.25B | 17.12 | 4.62% | 3.55% | 4.77% | 6.10% | |
64 Neutral | C$53.10M | 2,000.00 | 0.16% | ― | 49.38% | -93.75% | |
54 Neutral | C$12.32M | ― | -35.49% | ― | 29.26% | -234.92% | |
| C$1.33M | ― | ― | ― | ― | |||
| C$69.81M | 9.86 | 38.06% | ― | ― | ― | ||
46 Neutral | C$91.39M | ― | -107.29% | ― | 97.32% | -2916.07% | |
| C$73.73M | ― | 15.29% | ― | ― |
EverGen Infrastructure Corp. Corporate Events
EverGen Infrastructure Corp. reported its Q1 2025 financial results, highlighting a record in quarterly renewable natural gas production, despite a 41% decrease in revenues compared to the previous year. The company achieved significant milestones with the stabilization of its Fraser Valley Biogas expansion project, which contributed to the record RNG production levels. However, the financial results were impacted by unexpected operating disturbances leading to reduced volumes and lower tip fee revenue, although these were partially offset by increased RNG production and revenues. The company also announced a purchase and sale agreement for the land on which Fraser Valley Biogas operates, valued at $2.62 million, and completed a private placement for CAD$5 million, alongside a management change.
The most recent analyst rating on (TSE:EVGN) stock is a Hold with a C$3.00 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. has completed the first tranche of a private placement, raising CAD$5,000,000 by issuing 8,333,333 common shares to Ask America, LLC. This transaction, which makes Ask America a new control person of the company, is part of a broader strategy to enhance working capital and corporate operations. Concurrently, EverGen has undergone a significant change in management, with new executives and board members appointed to lead the company. These developments are expected to impact EverGen’s strategic direction and market positioning, potentially influencing stakeholder interests.
The most recent analyst rating on (TSE:EVGN) stock is a Hold with a C$3.00 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. has received final approval from the TSX Venture Exchange for the sale of a property in Abbotsford, B.C., to 2065947 Alberta Ltd. and James Betts for $2.62 million. The transaction involves a related party, as James Betts is the company’s COO, and includes a leaseback agreement for part of the property. Additionally, EverGen is progressing with a share purchase and reorganization agreement with Ask America, LLC, and a private placement aiming to raise CAD$7 million, pending final TSXV approval.
The most recent analyst rating on (TSE:EVGN) stock is a Hold with a C$3.00 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. reported a significant increase in revenues for Q4 and the fiscal year 2024, driven by enhanced RNG production from its Fraser Valley Biogas and GrowTEC projects. Despite the revenue growth, the company faced increased net losses due to non-cash impairment losses, higher operating costs, and equity-accounted losses, although these were partially offset by increased revenues and reduced administrative expenses. The results underscore EverGen’s progress in its RNG growth objectives, positioning it to deliver on its platform despite challenges.
EverGen Infrastructure Corp. announced a private placement agreement with Ask America, LLC, aiming to raise up to CAD$7,000,000 through the issuance of common shares. This move will result in a significant management overhaul, with a new team led by Chase Edgelow as CEO, which is expected to enhance operational efficiencies and strategic growth. The completion of this transaction may also result in Ask America, LLC becoming a new control person of the company, marking a pivotal change in EverGen’s corporate structure and strategic direction.