Zefiro Methane Corp. Reports Record Revenue and Expands Operations
The environmental services company announces significant financial gains and strategic growth initiatives.
- Zefiro Methane Corp. achieved record consolidated revenues of $32.8 million USD for the fiscal year ending June 30, 2024.
- The company reported a gross profit of $2.9 million USD and positive adjusted EBITDA of $222,453 USD.
- Zefiro has expanded its oil and gas well-plugging operations into Oklahoma and continues to grow in Appalachia.
- The company completed the acquisition of the remaining shares of Plants & Goodwin, Inc., making it a fully owned subsidiary.
- Zefiro announced new partnerships and strategic investments, including a presale of carbon offsets to EDF Trading and a stake in Winterhawk Well Abandonment Ltd.