Summary of SusGlobal Energy Corp.

Business Overview

SusGlobal Energy Corp. is a renewable energy and waste management company focused on converting organic waste into sustainable products. The company’s primary operations involve proprietary technologies that process waste to produce biogas, organic fertilizers, compost, and other regenerative products.

Key Activities

• Waste to Energy Technologies:
  • Process Source Separated Organics (SSO) in anaerobic digesters to divert waste from landfills and recover biogas.
  • Maximize existing anaerobic digesters to increase biogas yield.
  • Process digestate into organic compost or pathogen-free organic liquid fertilizer.
• Product Generation & Sales:
  • Organic dry compost
  • Organic liquid fertilizer (future product)
  • Carbon credits generated through waste processing
• Environmental Permits & Approvals:
  • Owns Environmental Compliance Approvals (ECAs) permitting up to 70,000 metric tonnes (MT) annually for waste acceptance, with additional capacity at a planned waste transfer station.
  • Operates in Ontario, Canada, with potential to accept waste from Ontario, Quebec, and New York State.

Facilities

• Belleville Facility in Ontario, Canada
  • Operational, but paused for repairs and compliance issues.
  • Generates revenue from carbon credits and waste processing (though processing was halted from January 10, 2024).
• Hamilton Facility in Ontario, Canada
  • Approx. 27% complete, designed to produce organic fertilizers.
  • Listed for sale in July 2024.
  • Owns 2.03 acres of land with Environmental Approval to process ~65,884 MT annually.

Customers & Market

• Primary customers are municipalities in rural and urban Ontario, handling non-hazardous organic waste.
• Plans to expand sales to agriculture, wine, cannabis, and lawn & garden markets for organic fertilizers.
• Estimates of revenue streams:
  • Tipping fees for organic waste
  • Sale of organic products (compost, liquids)
  • Sale of carbon credits

Revenue & Financials

• 2024 Revenue: Approximately $79,886 (USD)
• 2023 Revenue: Approximately $610,461 (USD)
• Major recent revenue source: Sale of 16,000 carbon credits for $42,715 in October 2024.
• The company has incurred consistent net losses:
  • 2024: Net loss of $7,859,171
  • 2023: Net loss of $8,225,334
• As of May 14, 2025, 137,332,019 shares outstanding, with a market capitalization (based on June 30, 2024, share price) of around $6.6 million.

Employees

• Total employees: 4 (2 full-time employees in management/administration, 2 independent contractors in management roles).

Other Highlights

• The company aims to grow into a leading provider of waste-to-energy and regenerative products under the concept of The Circular Economy®.
• Currently facing operational and compliance challenges, including halted waste acceptance at Belleville since January 10, 2024.
• Engaged in infrastructure refurbishment, environmental remediation, and ongoing legal and environmental proceedings.
• No current revenue from the Hamilton Facility as it was listed for sale and the Belleville facility is paused.
• The company is a "smaller reporting company" and is exempt from some SEC reporting requirements.

Summary

SusGlobal Energy Corp. specializes in organic waste processing via proprietary anaerobic digestion, with goals to produce biogas, fertilizers, and carbon credits. It operates mainly in Ontario, Canada, with a focus on municipal waste streams and plans to expand its product offerings. The company is in development stages, currently facing operational delays and financial challenges, and has minimal revenue and net income, with significant ongoing liabilities and losses.