

Shareholder information
Name: WAGA ENERGY
ISIN Code: FR0012532810
Symbol: WAGA
Market: Euronext Paris
Compartment B
Initial public offering: 27 October 2021
Analysts
Paul de Froment – Bryan Garnier
Thomas Mordelle – Bryan Garnier
Nicolas Royot – Portzamparc
Why invest in Waga Energy ?
It means being part of the roll-out of the globally unique WAGABOX® technology, the result of 15 years of R&D and already adopted by major international players in waste treatment and recycling, energy and transport, which produces biomethane, a renewable, drop-in replacent for fossil natural gas, from using as a feedstock the landfill gas produced by the decomposition of landfiled waste.
It means being part of a robust and profitable economic model that shares with its partners the income from the sale of biomethane produced by our WAGABOX® units, in large and regular volumes, at a competitive price that is unaffected by fluctuations in the gas market.
It means participating in the development of the biomethane sector, a pillar of the energy transition and the decarbonisation of the economy, supported by private funding and increasingly ambitious public schemes.
It means making a concrete commitment to combating global warming and becoming a player in the energy transition, by contributing to the sovereignty of a region or even a country by reducing its dependence on fossil fuels.
This is in line with our ambition to produce 4 TWh of biomethane worldwide by 2026, which will prevent 660,000 tonnes CO2-eq being emitted into the atmosphere every year.

Join our community of actors who are highly and decisively committed to developing renewable gas to protect the common good and combat global warming.
At the end of June 2023, the breakdown of the Company’s capital and voting rights is as follows:
TOTAL | 20,488,550 | 100% |
SHAREHOLDERS | NUMBER OF SHARES | VOTING RIGHTS |
Floating investors | 5,650,711 | 27.58% |
Founders | 3,549,900 | 17.33% |
Aliad SA | 2,848,729 | 13.90% |
Holweb | 2,513,495 | 12.27% |
Starquest | 2,030,898 | 9.91% |
Les Saules SARL | 1,785,654 | 8.72% |
Historical investors | 1,211,034 | 5.91% |
Tertium | 898,129 | 4.38% |
Balance sheet
In 2022, Waga Energy generated consolidated sales of €19.2 million, 79% from the sale of biomethane and purification services invoiced to landfill site operators, and 19% from the sale of equipment.
In line with its strategic plan, in 2022, Waga Energy worked to structure its organisation in order to accelerate its growth in France and abroad. This effort will result in EBITDA1 of -€3.2 mln (compared with +€0.2 mln in 2021), mainly reflecting commercial development initiatives in the United States.
1EBITDA (‘Earnings Before Interests, Taxes, Depreciation & Amortisation’) is an indicator of operating performance, defined as operating income before non-recurring items adjusted for net charges to intangible and tangible fixed assets and provisions, as well as share-based compensation costs (IFRS 2). Since the financial year ending 31 December 2022, the Group has changed the definition of this indicator, by also restating share-based compensation costs, which do not reflect its current operating performance and have no direct impact on cash flow.


Publications 2023
November 7 : Results Presentation
September 28: H1 Results Presentation
June 20: Upgrading landfill gas to biomethane
April 27: 2022 Full Year Results
Publications 2022
30 September |
First Half 2022 Financial |
12 July |
Half-yearly report on the liquidity agreement (H1 2022) (in French) |
15 June |
Universal Registration Document |
25 May |
Avis de réunion valant avis de convocation de l’assemblée générale mixte des actionnaires du 30 juin 2022 |
29 April |
Annual Report 2021 (in French) |
27 January |
Half-yearly report on the liquidity contract (in French) |
October 3 : H1 2022 results
May 2: Investors Presentation
Publications 2021
September 28, 2021: Registration document
13 October, 2021: Supplement to the Registration document
Calendrier financier 2023
27/09/2023 | Results for the first half of 2023 |
29/06/2023 | Annual General Meeting |
26/04/2023 | Full-year results 2022 |
28/02/2023 | Publication of 2022 sales figures |
Waga Energy’s governance is based on an ethical and responsible model, guided by a vision and values shared with all its stakeholders.