0001213900-26-036603
SEC filingAleAnna, Inc. reported Q4 2025 net income of $0.3 million and full year net income of $2.9 million, with Adjusted EBITDA of $3.0 million and $6.6 million respectively, driven by Longanesi field production.
AleAnna, Inc. delivered its third consecutive quarter of positive Adjusted EBITDA and net income, reporting $0.3 million net income and $3.0 million Adjusted EBITDA for Q4 2025, primarily driven by $9.1 million in revenue from strong production at the Longanesi field. Note a discrepancy in the press release stating $8.5 million revenue from Longanesi share versus total revenues of $9.1 million, with the remaining from renewable segment. Full year 2025 results showed significant improvement with $2.9 million net income and $6.6 million Adjusted EBITDA on $25.0 million total revenue, versus prior year net loss of $12.4 million on minimal $1.4 million revenue. Key drivers included Longanesi field ramp-up in H1 2025, exceeding expectations with production stabilizing at 25-30 million cubic feet per day after six weeks, higher than budgeted maximum, from all five wells. Conventional segment generated $8.5 million Q4 revenue and $3.3 million segment operating income, while renewable lagged. Balance sheet strengthened with cash at $31.8 million, total assets $101.3 million, supporting development. Strategic highlights include securing Gradizza Concession and significant reserve increases post-technical study. CEO Marco Brun emphasized Longanesi outperformance, positive cash flow, and growth in conventional and RNG, positioning for shareholder value. Information furnished under Items 2.02 and 7.01, not filed.