Enerflex Q2 revenue at $615 mln, adjusted EBITDA reaches record $130 mln.

• Enerflex reports Q2 revenue of $615 million, up from $552 million in Q1. • Adjusted EBITDA reaches a record $130 million. • Backlog steady at $1.2 billion for engineered systems, $1.5 billion for energy infrastructure. • Capital expenditures target $120 million for 2025, with $60 million for growth opportunities. • Returned $18 million to shareholders through dividend and share repurchases.

Enerflex Ltd. (NYSE: EFXT) has released its Q2 2025 financial results, showcasing robust performance across multiple key metrics. The company reported a significant increase in revenue, reaching $615 million, up from $552 million in Q1 2025. This growth is driven by a strong performance in its Engineered Systems and Energy Infrastructure segments, with the backlog remaining stable at $1.2 billion and $1.5 billion, respectively [1].

The company's adjusted EBITDA hit a record high of $130 million, representing a 6.6% increase year-over-year. This achievement was supported by a 29% gross margin and a significant improvement in return on capital employed (ROCE) to 16.4% [1]. Enerflex's operational efficiency has improved, with a decrease in SG&A expenses by $14 million year-over-year, contributing to the overall financial strength [1].

Enerflex maintained a healthy balance sheet, with net debt at $608 million and a bank-adjusted net debt-to-EBITDA ratio of 1.3x. The company returned $18 million to shareholders through dividends and share repurchases, reflecting its commitment to shareholder value [1].

For 2025, Enerflex targets capital expenditures of approximately $120 million, with $60 million allocated to growth opportunities. This disciplined capital allocation strategy supports the company's long-term growth and financial flexibility [1].

The company's near-term priorities include enhancing core operation profitability, leveraging its leading position in key operating countries, and maximizing free cash flow. Enerflex expects its Energy Infrastructure and After-Market Services product lines to contribute approximately 65% of gross margin before depreciation and amortization during 2025 [1].

References:
[1] Enerflex Ltd. (NYSE: EFXT). (2025). Enerflex Ltd. Announces Second Quarter 2025 Financial and Operational Results. Retrieved from https://www.stocktitan.net/news/EFXT/enerflex-ltd-announces-second-quarter-2025-financial-and-operational-niky03fej6sj.html