New York's Daily Provisions plans to open in Harvard Square; Canada's Cactus Club Café comes to the Back Bay
Cactus Club Café
opens in the Back Bay later this year (500 Boylston St.), marking its 34th location. It's big — 9,500 square feet, with lounges, all-season patios, and al fresco spots — with a large menu, too, ranging from burgers to tacos to curries, pastas, and steaks.
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On the South Shore,
Salty Days Fish Co.
(1 Shipyard Drive) brings patio-service cocktails, sushi, and seafood to Hingham's Shipyard this summer, joining a sibling location in Cohasset.
In Foxborough,
Patriot Place
(2 Patriot Place) launches a suburban location of Downtown Crossing's
Estella
this summer with an eclectic menu: chicken wings, yucca fries, Haitian spaghetti, lobster ravioli, and Hungarian filet mignon.
And in Lexington, look for a second outpost of
Post 1917
in June (27 Waltham St.).
Openings
:
The Boston Public Market
(100 Hanover St.) gets spicier with the addition of
Mr. Tamole
, softly opened this week. Andres Medina-Carreto and his mom, Margarita Carreto, began with a mobile food stand, serving tamales with their signature, family-recipe mole sauce, which is vegan and gluten-free. At the Market, they'll serve tamale plates with red, green, or mole sauce; tacos (including a potatoes and jalapenos version); and chilaquiles (which the menu cheekily notes are helpful during hangovers).
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CanalSide Food + Drink
at CambridgeSide (47 CambridgeSide Place) welcomes
Chilacates
(Mexican street food) and Fresh (smoothies, sandwiches, and acai bowls) to their food hall, joining established vendors like
Lala's Neapolitan-ish Pizza
and
Nu Burger
.
And in Natick,
Anna's Taqueria
opens on Tuesday, May 13, with a 2,000-square-foot restaurant and patio space (1265 Worcester St.). Exclusive to this location: corn tortillas made to order. Visit daily from 10 a.m. until 10 p.m.
Kara Baskin can be reached at
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2 hours ago
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Best made-in-Canada cleaning brands to clean your bathroom, laundry room, kitchen & more
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Because big American cleaning brands dominate the market, finding Canadian-made alternatives can sometimes be challenging, which is why we created this resource. If you want to buy Canadian products whenever possible, don't neglect your go-to home essentials and everyday cleaning supplies. Click here to jump to our list of Canadian cleaning and laundry brands Made-in-Canada cleaning and laundry brands: Quick shop Cleaning brands: Attitude Guests on Earth FRANK Green Cricket Nature Clean Biovert Pink Solution WHOOSH! Mint Royal Sponge Myni Liquid Earth Nature Bee Make Nice Company Lemon Aide Laundry brands: Soak Nellie's Buncha Farmers Good Juju The Unscented Company Tru Earth The Bare Home Aspen Clean Eucalan Simply Clean "Made in Canada" vs. "Product of Canada" vs. "Canadian owned" vs. "Based in Canada" Unlike at the grocery store, where "made in Canada" labelling is made clear, the origins of fashion, beauty, personal care and home brands can be difficult to decipher. 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Business Wire
3 hours ago
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Anaergia Reports Second Quarter 2025 Financial Results
BURLINGTON, Ontario--(BUSINESS WIRE)--Anaergia Inc. ('Anaergia', the 'Company', 'us', or 'our') (TSX: ANRG) (OTCQX: ANRGF), a company that offers integrated waste-to-value solutions to reduce greenhouse gases by cost-effectively turning organic waste into renewable natural gas ('RNG'), fertilizer, and water, released its financial results for the three- and six-month periods ended June 30, 2025 ('Q2 2025'), and the related management's discussion and analysis ('MD&A') for the period. All financial results are reported in Canadian dollars unless otherwise stated. Highlights and Management Commentary Anaergia's financial results for the second quarter of 2025 reflect the ongoing strategic transition in its business model. The Company's shift to a capital-light strategy was the primary driver behind our strong quarterly results led by significantly higher revenue, higher gross profit margin, and an increase in Revenue Backlog. Anaergia is uniquely positioned to benefit from the growing demand for sustainable waste solutions, underpinned by a robust market, and regulatory and environmental tailwinds. The Company provides complete, integrated resource recovery solutions globally. Anaergia's products and services respond to regulatory and customer demand for sustainable waste management services that are superior to landfills and composting while producing carbon negative fuel, thereby reducing greenhouse gas emissions. Anaergia is focused on providing cost effective and sustainable solutions that leverage our experience with project development, execution and our network of owned infrastructure. "Reflecting on my first year as CEO at Anaergia, I am excited to highlight the transformative progress we've made. We have strategically redefined Anaergia as a leading technology company in the RNG sector, delivering complete solutions though our capital sales business, and we are well positioned to capture expanding opportunities. Our second-quarter financial results demonstrate significant advancements enabled by our transition to a capital-light business model, clearly showcasing Anaergia's positive trajectory," stated Assaf Onn, Chief Executive Officer of Anaergia. "Additionally, our Revenue Backlog surged to $244 million at the end of the quarter, increasing from $200 million in the previous quarter and $104 million at the start of the year. This growing backlog, along with $43.8 million in new contracts announced since the end of the second quarter, enhances our visibility and optimism for the future. We are enthusiastic about the ongoing transition and remain confident that the most promising developments are yet to come," added Mr. Onn. Financial Results for Q2 2025 Financial highlights: Revenue increased by 36.8%, or $8.7 million, to $32.3 million in Q2 2025, as compared to Q2 2024. Revenue increased primarily due to higher revenue from Capital Sales, most significantly in Italy and North America. Gross profit margin percentage increased to 32.5% in Q2 2025 from 17.6% in Q2 2024, or a 14.9 increase in percentage points. This is attributable to higher margins from all three segments, Capital Sales, Build-Own-Operate ('BOO'), and Operation Maintenance Services ('O&M'). Adjusted EBITDA 1 loss in Q2 2025 of $2.2 million improved by 72.1%, from an Adjusted EBITDA loss of $8.0 million reported in Q2 2024. This positive variance reflects a substantial improvement in our results from operations which was driven by the increases in revenue and in gross profit. Statement of Financial Position 30-Jun-23 31-Dec-24 (In millions of Canadian dollars) Total Assets 226.1 233.3 Total Liabilities 185.5 180.1 Equity 40.6 53.2 Expand For a more detailed discussion of Anaergia's results for Q2 2025, please see the Company's financial statements for Q2 2025 and related MD&A, which are available at the Company's SEDAR+ page at Non-IFRS® Measures This press release makes reference to certain non-International Financial Reporting Standards ('IFRS') measures. These measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation or as a substitute for analysis of our financial information reported under IFRS. We use non-IFRS measures to provide investors with supplemental measures. Management also uses non-IFRS measures internally in order to facilitate operating performance comparisons from period to period, prepare annual operating budgets and assess our ability to meet our future debt service, capital expenditure and working capital requirements. Management believes these non-IFRS measures and industry metrics are important supplemental measures of operating performance because they eliminate items that have less bearing on operating performance and highlight trends in the core business that may not otherwise be apparent when relying solely on IFRS financial measures. Management believes such measures allow for assessment of our operating performance and financial condition on a basis that is more consistent and comparable between reporting periods. We also believe that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of public companies. Definitions of non-IFRS measures and industry metrics used in this press release are provided below. ' Adjusted EBITDA ' is defined as net earnings before finance costs, taxes and depreciation and amortization adjusted for our normalized proportionate interest in our Build-Own-Operate assets and one-time or non-recurring items, stock-based compensation expense, asset impairment charges and write downs, gains and losses for equity-accounted investees, gain or loss on equity method adjustment, significant one-time provisions, foreign exchange gains or losses, restructuring costs, Enterprise Resource Planning ('ERP') customization and configuration costs, litigation and other claims settlements, gains and losses resulting from changes in certain balance sheet valuations (such as derivatives and warrants) and acquisition costs. ' EBITDA ' is defined as net income before finance costs, taxes and depreciation and amortization. ' Revenue Backlog ' is defined as the balance of unrecognized, undiscounted, consolidated revenues from signed contracts in our Capital Sales and O&M Services segments. For our Capital Sales contracts, we have modeled only projects that have been contracted. For our O&M Services segment, while most of our in-hand contracts are 5-15 years in tenure, we have conservatively modeled for only 3 years of contracted revenue. See 'Reconciliation of Non-IFRS Measures' below for a reconciliation of the foregoing non-IFRS measures to their most directly comparable measures calculated in accordance with IFRS. Conference Call and Webcast Details A conference call to review the Company's financial results will take place at 9:00 a.m. (EDT) on Wednesday August 13, 2025. It will be hosted by management of Anaergia. An accompanying slide presentation will be posted to the Investor Relations section of the Company's website shortly before the call. To listen to the webcast live: The webcast will be archived and available in the Investor Relations section of our website following the call. About Anaergia Anaergia is a pioneering technology company in the renewable natural gas ('RNG') sector, with over 250 patents dedicated to converting organic waste into sustainable solutions such as RNG, fertilizer, and water. We are committed to addressing a significant source of greenhouse gases ('GHGs') through cost-effective processes. Our proprietary technologies, combined with our engineering expertise and vast experience in facility design, construction, and operation, position Anaergia as a leader in the RNG industry. With a proven track record of delivering hundreds of innovative projects over the past decade, we are well-equipped to tackle today's critical resource recovery challenges through diverse project delivery methods. As one of the few companies worldwide offering an integrated portfolio of end-to-end solutions, we effectively combine solid waste processing, wastewater treatment, organics recovery, high-efficiency anaerobic digestion, and biomethane production. Additionally, we operate RNG facilities owned by both third parties and Anaergia. This comprehensive approach not only reduces environmental impact but also significantly lowers costs associated with waste and wastewater treatment while mitigating GHG emissions. For further information please see: Forward-Looking Statements This press release contains 'forward-looking information' within the meaning of applicable securities laws. Forward-looking information may relate to future plans, expectations and intentions, results, levels of activity, performance, goals or achievements, other future events or developments and may include, without limitation, information regarding our financial position, business strategy, growth strategy, budgets, operations, financial results, taxes, plans and objectives. Particularly, information regarding our future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as 'may', 'will', 'would', 'should', 'could', 'expects', 'plans', 'intends', 'estimate', 'believes', 'likely', 'potential', 'continue', or 'future' or the negative or other variations of these words or other comparable words or phrases. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not facts but instead represent management's expectations, estimates and projections regarding future events or circumstances. Forward-looking statements in this press release include, among other things, statements relating to financial condition and results of operations; Company's strategic growth plan; and statements regarding the Company's Revenue Backlog and potential future sales. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that we considered appropriate and reasonable as of the date such statements were made. It is also subject to known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors described in the Company's annual information form and management's discussion and analysis for the year ended December 31, 2024. Certain assumptions in respect of our ability to execute on our expansion plans; our ability to obtain or maintain existing financing on acceptable terms; and our ability of realizing the anticipated benefits of such are material factors underlying forward looking information and management's expectations. The purpose of the forward-looking statements in this press release is to provide the reader with a description of management's current expectations regarding the Company's financial performance and may not be appropriate for other purposes. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information, which speaks only to opinions, estimates and assumptions as of the date made. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as of the date of this press release, and we have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement. 1 'Adjusted EBITDA' is a non-IFRS measure.
Yahoo
4 hours ago
- Yahoo
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