ESGBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) Releases First-Quarter 2023 Financial Report
EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, is reporting on the financial results and corporate milestones for its Q1 2023, or the period ending March 31, 2023. Financial highlights from the report include an 18% increase in revenue, from C$1.4 million in Q1 20 22 to C$1.7 million; cash and cash equivalents totaling C$5.8 million; net loss of C$1 million for the quarter; and Adjusted EBITDA of $0.02 million, a decrease from C$0.6 million in Q1 2022. Corporate milestones from the report include the completion of phase 1 of the company’s strategic GrowTEC RNG expansion; the execution…