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Earnings

Zefiro Methane Corp. Announces Record Quarterly Earnings with Revenue of USD $12.1 Million

By The Northwire Desk — AI Analysis Nov 17, 2025 · 12:00 ZEFI · 0.25 ZEFIRO METHANE CORP.
ZEFI · Price

Executive Summary

  • Zefiro Methane Corp. reported record Q1 2026 revenue of ~$12.1 M (+21% YoY) and EBITDA of ~$2.6 M, driven by strong top‑line growth and cost reductions.
  • Net income turned positive at $0.67 M (loss per share of $0.01) versus a loss of $1.66 M in the prior year quarter.
  • Management highlighted new federally funded Ohio project (37 orphan wells), a two‑year well‑retirement contract, and continued carbon‑offset sales, while pledging to use free cash flow to reduce debt.

Key Details

  • Revenue: $12,138,548 (2025) vs. $10,006,487 (2024).
  • Gross Profit: $4,934,630 vs. $3,262,158.
  • Operating Expenses: $3,123,854 vs. $4,379,125 (down $1.26 M).
  • G&A down 47% to $0.55 M.
  • Salaries & benefits down 16% to $1.12 M.
  • EBITDA: ~$2.6 M (record).
  • Net Income: $665,401; basic/diluted loss per share $0.01 vs. $(0.02) last year.
  • Adjusted Net Income: $1,320,577 vs. $(263,708) prior year.
  • Cash Balance: $659,132 (Sept 30 2025) vs. $52,603 (June 30 2025).
  • Total Assets: $22,560,096; Total Liabilities: $20,942,234; Equity: $1,617,862.

Operational Highlights * Awarded a second federally funded project in Ohio covering 37 orphan wells; operations start Nov 2025 through Spring 2026.
Secured a two‑year well‑retirement contract with a top‑tier industry operator.
 Completed first public sale of carbon offsets from ACR Project 959, delivering 92,956 t CO₂e to Mercuria Energy America; subsequent sales to two additional buyers.

Debt Repayment * Retired $350,000 promissory note (Sept 2025) and $100,000 note (Nov 2025) from X Machina Capital Strategies Fund I LP.

Outlook * Expect Q2 2026 to be “another strong quarter,” with October results indicating one of the highest revenue months historically.
* Plan to allocate free cash flow over the next six months toward debt reduction, balance‑sheet strengthening, and financial flexibility for growth initiatives.

Notable Quotes

“This performance reflects the effectiveness of Zefiro's new management team, and our strategic focus on revenue generating business lines,” – Catherine Flax, CEO

All forward‑looking statements are subject to risks and uncertainties detailed in the release.

Read the original news release →

More from ZEFIRO METHANE CORP.

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Production / Operations Jun 17, 2026 · 05:01

Zefiro Subsidiary Awarded USD $2.4 Million in Additional Federally Funded Projects to Plug 12 Orphan Wells in Ohio

Production / Operations Jun 12, 2026 · 05:01

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Financings Jun 10, 2026 · 05:01

New corporate accounts and $19.6M Ohio contract validate fleet expansion, but liquidity constraints and working capital deficit remain the primary near-term headwinds.

Production / Operations May 26, 2026 · 05:01

Zefiro ramps up rig count from Viking acquisition, but governance scars and heavy dilution keep the growth story firmly in “show‑me” territory.

Production / Operations May 14, 2026 · 17:02

Zefiro’s Q3 earnings confirm $11M quarterly revenue, debt slashed by a third, but the loss-making remediation firm still needs to prove its $40M run-rate can turn into profits.

Earnings