Abundia Global Impact Group Inc

What they do

Through its subsidiary AGIG LLC, the company combines proprietary, licensed, and commercialized technologies to convert waste plastics and biomass into crude or drop-in alternatives to fossil-derived energy, fuels, and chemicals. It also owns traditional oil and gas properties in the Permian Basin and Louisiana Gulf Coast. In April 2026, it acquired RPD Technologies Americas, an engineering and technology services firm serving the energy and renewable fuels industries.

Revenue drivers

• Low-carbon energy solutions (waste-to-energy) — Primary focus: converts waste plastics and biomass into renewable fuels and chemicals; revenue from 2026 Q2 was $2.0M, a significant jump from $132,965 in Q1 2026.
• Legacy oil and gas operations — Continues to maintain oil and gas assets in the Permian Basin and Louisiana Gulf Coast; historical revenue declined from $1.3M in 2021 to $410,632 in 2025.
• RPD Technologies (engineering and technology services) — Provides process development, pilot plant operations, and engineering design; acquired April 1, 2026 for $4.8M and operates as an 87% owned subsidiary.

Recent performance

For the quarter ended June 30, 2026, revenue was $2.0M, up from $132,965 in the prior quarter, reflecting the RPD acquisition and possibly initial waste-to-energy sales. Annual revenue has declined steadily from $1.6M in 2022 to $410,632 in 2025, while net losses widened dramatically to $29.5M in 2025 from $3.6M in 2024. Operating cash flow was negative $8.1M in 2025. The company held $11.2M in cash and equivalents against $11.3M in long-term debt as of June 30, 2026.

Strategy

Management intends to keep the legacy oil and gas assets while scaling AGIG's waste-to-energy business, targeting regulatory and industry demand for low-carbon products. The acquisition of RPD adds in-house engineering and commercialization capabilities to support technology deployment and scale-up. The reverse acquisition (with AGIG as accounting acquirer) restructured the company, and the company has executed multiple amendments to its certificate of incorporation during 2025, indicating capital structure changes.

Risks

• Sustained losses and negative cash flow — Net losses and operating cash outflows have grown sharply, with a $29.5M loss and -$8.1M operating cash flow in 2025.
• Dependence on unproven technology — The waste-to-energy process relies on proprietary and licensed technologies that may not achieve commercial viability or scale.
• Related-party acquisition and governance — RPD was acquired from the controlling shareholder, Abundia Financial, which raises potential conflicts of interest and concentration of control.
• Declining legacy revenue — Revenue from existing operations has fallen for four consecutive years, from $1.6M in 2022 to $410,632 in 2025.

Outlook

Management expects demand for low-carbon products to grow due to regulatory requirements and industry decarbonization commitments. The company is integrating RPD to support technology commercialization and expects its combined operations to generate additional revenue, as evidenced by the jump to $2.0M in Q2 2026. However, forward-looking statements caution that actual results may differ materially, and the company does not provide specific financial guidance in the excerpts provided.