Energy Recovery (ERII) Presents At Sidoti Spring Small Cap Virtual Conference

Financial Performance & Growth - Energy Recovery experienced an average product revenue growth of 20% from 2015 to 2021[4] - The company's gross margin in 2021 was greater than 68%[4] - As of the report, the company had $108 million in cash and securities with no debt[4] - Share price grew 3.5X since 2018, outpacing U S indices[4] ESG Impact - Energy Recovery's technology saves customers $2.6 billion annually in energy expenses[5] - The company's products avoid 12.5 million metric tons of emissions annually, equivalent to removing nearly 3 million vehicles from the road[5] - Over 90% of the company's product revenue comes from energy-efficiency related products[5] Strategic Focus & Market Opportunity - The company aims to achieve long-term sustainable growth by enhancing the environmental sustainability of customer operations[6] - Energy Recovery projects to double sales to approximately $200 million by 2026 in the reverse osmosis desalination market[19] - The industrial wastewater market presents a ~$1 billion addressable market with the potential to triple by 2030[20] - Energy Recovery is targeting 25%-40% average revenue growth through 2026[27]