earnings
confidence medium
sentiment positive
materiality 0.65
AleAnna reports FY2024 results; Longanesi gas production commenced March 13, 2025
AleAnna, Inc.
2025-Q1 EPS reported
-$0.05
revenue$644,600
- Completed de-SPAC and began trading on Nasdaq Dec 13, 2024 under ticker ANNA.
- FY2024 cash and equivalents $28.3M; $1.4M electricity revenue from RNG acquisitions.
- Acquired three RNG plant projects in Italy for ~$9.7M aggregate consideration.
- Longanesi field first gas and sales achieved March 13, 2025, with operating partner Padana.
- Long-term gas sales agreement with Shell Energy Europe previously secured.