Added to YB: 2026-04-27
Pitch date: 2026-04-23
ALENO.PA [bullish]
Enogia SAS
-1.34%
current return
Author Info
No bio for this author
Company Info
Enogia SAS designs, manufactures, and sells micro-turbomachines in France and internationally. The company develops Organic Rankine Cycle (ORC) systems that converts heat into electricity.
Market Cap
EUR 36.4M
Pitch Price
EUR 5.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
N/A
EV/Sales
N/A
Sector
Electrical Equipment
Category
growth
Enogia: Turning Waste Heat Into Profit as Orders Explode 4x
ALENO.PA: French ORC micro-turbine maker converting waste heat to electricity. 2025 rev €12.6M (+57% YoY), 1st profitable yr w/ €1.4M EBITDA (11.4% margin), €1.1M FCF. Order book €26.8M (+85% YoY), 2.1x rev. 91% export, Asia dominant. Atlas Copco distribution deal, tripling capacity mid-2026, launching 300kW-3MW pilot 2027 & EaaS model. Turbo 2028 target: €25M rev, 20% EBITDA margin. Risks: €2M convertible bonds dilution, 50-person co scaling fast, revenue lumpiness, 91% export/FX exposure, illiquid micro-cap.
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