Key Takeaways:
- Anaergia reported full-year 2025 revenue of $180.2 million CAD, a 61% increase over the prior year
- The company achieved positive Adjusted EBITDA of $0.6 million for full-year 2025, compared to a loss of $26.9 million in 2024
- Q4 2025 revenue more than doubled year-over-year, rising 111% to $71.7 million CAD
- Year-end 2025 Revenue Backlog grew 149% to $257 million CAD, up from $103 million at year-end 2024
- Net loss narrowed 92% to $4.5 million CAD for the full year, compared to $55.9 million in 2024
Anaergia Delivers Full-Year Turnaround with Record Revenue and Positive EBITDA in 2025
Anaergia Inc. (TSX: ANRG) (OTCQX: ANRGF) has reported its financial results for the fourth quarter and fiscal year ended December 31, 2025, recording significant improvements across revenue, gross profit, and Adjusted EBITDA. All figures are reported in Canadian dollars unless otherwise stated.
Full-Year 2025 Financial Performance
Revenue and Gross Profit
Anaergia posted full-year 2025 revenue of $180.2 million, up 61% from $111.6 million in fiscal 2024. Gross profit increased 82% to $46.8 million, compared to $25.6 million in the prior year. Full-year gross profit margin improved by 3 percentage points to 26.0%.
EBITDA and Net Loss
The company achieved positive Adjusted EBITDA of $0.6 million for the full year, a $27.5 million improvement compared to a loss of $26.9 million in 2024. Net loss narrowed 92% to $4.5 million, down from $55.9 million in fiscal 2024. Loss from operations improved 81% to $7.8 million, compared to $40.0 million in the prior year.
