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  5. ANRG: Thanks for your Aug 4 response to this issue. [Anaergia Inc. Subordinate Voting Shares]
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Q: Thanks for your Aug 4 response to this issue. I note from co. statements that the change in revenues etc. appears only to apply to future BOO projects and that there would be no change in profitability, which seems to be implied by their recent message. Is this correct or are the adjustments you have noted required to asses the consequences of this change in accounting practice. Thanks




Asked by Mike on August 16, 2022
5i Research Answer:

Correct. The changes are primarily related to historical financial statements and did not affect guidance for future revenues. Gross margins going forward may be a bit lower, but with the company's level of growth, we would not expect the impact to be material. Further we think the important thing here is that generated cash flows have not changed.