07:47 AM EDT, 03/26/2026 (MT Newswires) -- Anaergia ( ANRGF ) Thursday reported a swing to a fourth-quarter profit as revenue doubled.
The company reported a net income of $11.4 million, compared with a net loss of $15.4 million in the prior year period. Anergia did not provide per share amounts.
Revenue jumped 111% to $71.7 million. Analysts polled by FactSet had forecast $60.7 million. These increases were primarily driven by higher sales in Italy and North America, the company said.
"Revenue more than doubled in the fourth quarter of 2025 on a year-over-year basis, driving a significant lift in profitability and underscoring our leadership in the global biogas sector. In addition, we reduced our Selling, General and Administrative (SG&A) expenses both quarterly and annually, while our Revenue Backlog grew 149% year-over-year to $257 million at fiscal year-end 2025, from $103 million at fiscal year-end 2024," said chief executive Assaf Onn.