Energy Recovery (ERII) Presents at Sidoti Summer Small Cap Virtual Conference

Financial Performance & Growth - Energy Recovery aims for a 25%-40% average revenue growth through 2026[9] - The company had $97 million in cash and securities with no debt[5] - Average product revenue grew by 20% from 2015 to 2021[5] - The product gross margin was greater than 68% in 2021[5] Market & Technology - Energy Recovery is targeting ~$200 million in sales from desalination by 2026[21] - The industrial wastewater treatment market has a total addressable market (TAM) of ~$1 billion, with the potential to triple by 2030[24] - The company's PX G1300 technology targets a ~$1 billion annual TAM in the refrigeration industry by 2030[29] Environmental Impact - Energy Recovery's technology saves customers $2.6 billion annually on energy expenses[12] - The company's pressure exchangers (PXs) avoid 125 million metric tons of emissions annually, equivalent to removing nearly 3 million vehicles from the road[12] - Over 98% of the company's product revenue comes from energy-efficiency related sources[13]