Anaergia Inc.

Hello, everyone. Thank you for joining us and welcome to the Energia third quarter 2026 conference call and webcast. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star 1 to raise your hand. To withdraw your question, press star 1 again. I will now hand the conference over to Darlene Webb with Investor Relations. Darlene, please go ahead.

Thank you very much, Operator, and good morning, everyone. On today's call, we will be discussing Energia's earnings for the third quarter of 2026, which ended September 30, 2026. I am joined this morning by Mr. Assaf Onn, Energia's Chief Executive Officer, Mr. Greg Wolf, Energia's Chief Financial Officer, and Dr. Yaniv Scherson, Energia's Chief Operating Officer. Before beginning our formal remarks, we would like to caution listeners regarding forward-looking information and note the company's use of non-GAAP measures. As always, 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 filed with the Canadian securities regulators. And with that, I will turn the call over to Assaf.

Thank you, Darlene. Good morning, everyone. This quarter, we hit three milestones in Energia's strategy. Growth, Visibility, and Portfolio Quality. First, our revenue through nine months grew over 70% and already exceeded revenue for all of 2025. Second, under this leadership, revenue backlog reached a record of $303.1 million and we still have a quarter to go. Every asset we own is now aligned with our strategy of disciplined profitable growth. I would return to the portfolio decision and why it matters. First, the numbers. Revenue grew 30% quarter over quarter to $66.9 million. Gross profit increased 11% to $16.4 million. Adjusted EBITDA reached $3.1 million and remained positive for the fifth quarter in a row. These results show progress. Now, back to my decision. At the end of September, we sold Rhode Island and Charlotte facilities. I have been clear since I took this role that this company had to decide what it was going to be. A focused technology and project delivery business built for profitable growth. This quarter, I took the hardest step towards the model. In my judgment, those two facilities were underperforming, generating negative earnings, and absorbing capital and management attention. So we sold them. The transaction recognized a $21.9 million gain, removed project-level debt from our balance sheet, eliminated the negative earnings, and we secure a stake in the buyer. This way, our shareholders retain a potential upside in those assets. At the same time, we secured new awards across Europe, North America and Australia. In Hungary, we signed two agreements totaling $17 million that established a meaningful platform in an emerging market. In Australia, we secured our first major reference facility in that market. These awards expand our geographic reach and customer base. Two countries in three months. This shows how established regional centers of excellence can win new customers and open new territories. This is the growth model we can repeat. I want more quarters that looks like that. Our priorities are clear. Revenue backlog must become revenue, keep delivering on markets we open, growth service and O&M earnings, and require every asset and investment to meet our return and risk criteria. The asset we own must perform. We can now see the future ahead. Our portfolio is focused and we have more opportunities in front of us than at any time under this leadership. Our task is to convert this position into earnings and cash flow. Greg, we'll take you through the numbers Yaniv, the operations.