Sector: Basic Materials | Industry: Forest & Wood Products |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 7272 Wisconsin Ave., Suite 1800 BETHESDA MD 20814 |
Tel: | N/A |
Website: | https://www.envivabiomass.com |
IR: | See website |
Key People | ||
John K. Keppler Chairman of the Board, Chief Executive Officer | Thomas Meth President | Shai S. Even Chief Financial Officer, Executive Vice President |
Roxanne B. Klein Chief Human Resource Officer, Executive Vice President | William Henry Schmidt Executive Vice President, Corporate Development, General Counsel | Yanina A. Kravtsova Executive Vice President, Communications, Public and Environmental Affairs |
Edward Royal Smith Executive Vice President, Operations | Michael A. Johnson Chief Accounting Officer, Vice President |
Business Overview |
Enviva Inc. is an energy company specializing in wood bioenergy. The Company procures wood fiber and processes it into utility-grade wood pellets and loads the finished wood pellets into railcars, trucks and barges for transportation to deep-water marine terminals, where they are received, stored and ultimately loaded onto oceangoing vessels for delivery under long-term, take-or-pay off-take contracts to its customers principally in the United Kingdom, the European Union, and Japan. It also procures wood pellets from third parties. The Company's wood pellets are exported from its wholly owned deep-water marine terminal at the Port of Chesapeake, Virginia, terminal assets at the Port of Wilmington, North Carolina, and from third-party deep-water marine terminals in Mobile, Alabama, Panama City, Florida, and Savannah, Georgia. It owns and operates approximately 10 industrial-scale wood pellet production plants located in the Southeastern United States. |
Financial Overview |
For the six months ended 30 June 2022, Enviva Inc revenues increased 1% to $529.3M. Net loss totaled $72.6M vs. income of $1.1M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects General and administrative expenses increase from $5.1M to $61.4M (expense), Other income (expense) increase from $54K to $727K (expense). |
Employees: | 1,196 as of Dec 31, 2021 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,144M as of Jun 30, 2022 |
Annual revenue (TTM): | $1,045M as of Jun 30, 2022 |
EBITDA (TTM): | -$29.19M as of Jun 30, 2022 |
Net annual income (TTM): | -$195.82M as of Jun 30, 2022 |
Free cash flow (TTM): | -$643.70M as of Jun 30, 2022 |
Net Debt Last Fiscal Year: | $1,244M as of Jun 30, 2022 |
Shares outstanding: | 66,671,944 as of Jun 30, 2022 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |