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Susglobal Energy Corp

susglobalenergy.com

What Do They Do?

Processes organic waste for municipalities and commercial and industrial generators, and produces compost and liquid fertilizer while developing technologies to recover biogas from waste.

How Do They Make Money?

Waste customers pay tipping fees as waste is accepted; SusGlobal also sells compost and carbon credits and charges for collection and landfill-management services on a monthly basis. An independent party markets the carbon credits.

FY2025 revenue

Who Are Their Customers?

When operating, municipalities were its primary waste customers; it also seeks municipal and commercial waste contracts and plans fertilizer sales to agricultural, wine, cannabis, and lawn-and-garden buyers.

Customers above 10% of revenue, FY2025
of revenue from one customer
FY2024: 96% from three customers

Do Revenues Turn Into Profits?

No. It lost $5.7M in FY2025.

Operating income, FY2025
−9182% of revenue
▼ −50% (Loss) vs FY2024 (−$5.9M, −7396%)
Net income, FY2025
−17585% of revenue
▼ −28% (Loss) vs FY2024 (−$7.9M, −9838%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −33%
vs $26K in Q2 FY2025
Net income
▲ Now profitable
vs −$819.5K in Q2 FY2025

Shrinking. Revenue fell 96% in 4 years, from $754.3K in FY2021 to $32.3K in FY2025, about 54% a year.

Revenue sources The older report described waste-management services for municipalities and carbon credits; the latest says revenue came entirely from carbon-credit sales, with no tipping fees earned on waste accepted.

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