Anaergia Inc.

Good morning. Thank you for attending today's Energia Q4 and 2022 year end results conference call. My name is Frances and I'll be your moderator today. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. If you'd like to ask a question, please press star one on your telephone keypad. I would now like to pass the conference over to our host, Darlene Webb, Energia Investor Relations.

Thank you very much, operator, and good morning, everyone. On this call, we'll be discussing our earnings for Energia's fourth quarter and year end, dated December 31st, 2022. And if you're following along with our slides, my comments are directed to slides one through three. For our call today, I am joined by Dr. Andrew Benedek, Energia's founder, board chairman, and CEO, Dr. Yaniv Sherson, Energia's Chief Operating Officer, and Ms. Paula Meissen, Energia's Chief Financial Officer. Before beginning our formal remarks, we would like to refer listeners to slide two of the presentation that contains a caution on forward-looking information and a note on the use of non-IFRS measures. Listeners are reminded that today's discussion may contain forward-looking statements that reflect current views with respect to future events. Any such statements are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in these forward-looking statements. Energia does not undertake to update any forward-looking statements except as may be required by applicable laws. Listeners are urged to review the full discussion of risk factors in the company's prospectus, which is filed with Canadian securities regulators. And lastly, while this conference call is open to the public, For the sake of brevity, questions will be prioritized for analysts. And with that, I'll turn today's call over to Andrew.

Thank you very much, Darlene. I am starting on slide four, which lists the highlights of 2022. These highlights include a significant amount of interesting opportunities and capital sales around the world. And these opportunities are continuing to rise with the interest in RNG. Our existing booths are also continuing to be executed as per plan, although somewhat delayed. All of our Italian booths will now, this year, will be operating. Two of them are already. The remaining four will be put into operation during the next two quarters. RNG as a market is continuing to be growing throughout the world in all of our markets. and there are new incentives in Europe, in Canada, in the US, and there are volunteer markets around the world that will continue to drive this market. We did sell our toner project. We sold it because we Given the low share price, we did not have the resources to complete it. It still had a significant amount of additional investment. And we also felt that we can better deploy the money elsewhere. But we're looking forward to the results beyond donor. In terms of global recognition, just a few weeks ago we are your our italian project easy energia was named as the world leading biogas project we are also have received other awards and been in the running next month for a couple of awards in a global water meeting in berlin our quarter was lower than last year, but last year was an exceptionally high quarter. Overall, on the year, our revenue has grown 25%. I'm moving on to the next slide, slide five. This basically summarizes some of the things I just told you in a little more detail. For example, it shows that our backlog has decreased because of toner. We counted the backlog for the full build-up before, but nonetheless it's still a very healthy backlog. Our Italian market, and in fact all of the European markets, are going to increase substantially because of new decrease caused by the European Parliament's desire to increase renewable energy and in particular biogas. So in Italy, for example, you now have a new incentive that gives you 45% discount and will be available until June 2026. The IRA became law in Q3 and this will impact both our blue business as well as the capital equipment business Canada now provides incentives for the renewable energy that is useful for providers of non-renewable energy this this explains our sale of the Rhode Island plant gas to Irving oil in Canada in addition In most of our markets, the voluntary market is increasing, particularly in California with a new law, SB 1440. And we're also looking forward to bring additional contracts on the voluntary markets. For example, for our so-called biomethane facility, we are negotiating a new contract. So overall, Opportunity is continuing to grow. I'll hand this over now to Paula Meissen, our chief financial officer.