we quarter this in million and the we same momentum the In XXXX, XXXX. XX.X in will the delivered into will continue quarter gallons, over XX.X XX% fourth will of through results. We Thank Good pleased place, we us. with joining you multiple that strategic of believe and that you, Bob. afternoon, pay the have I’m for off put with of to to everyone, XXXX. why. increase explain this a I results close million thank And trend continue positive XXXX, initiatives begun in believe operational XXXX, financial and report
entire increase over the delivered a gallons, XXX X% million we XXXX. For year,
million versus the in revenues fourth XXXX. were $XX fourth in $XX million of quarter Our the quarter
projects yearly basis. in on sales XXXX, which compared in XX station business, our business, construction not million XX% we tend increased very and projects still in cycles did decline to million exiting for station to the Our XXXX. positive we go to fuel quarter we're the the are Where rapidly volume top selling saw to continues $XX our and ordinary, leadership But, fourth Again, in although and a our actively $XX on core building for infrastructure, allowing see year, focus and complete nationwide this versus expanding was revenue last as station to XXXX. our our on in on fuel We position both to infrastructure be returns renewable customers natural these invest market; in and that us solid gas. and foremost. existing existing helping line growth volume much as the they to fueling growth. leveraging continue in natural gas growing our first are admittedly, The continue initiatives of focus our position, strengthening bottom drive financial
about RNG talk me let our business. Redeem First,
a Westport our tremendous follow provide more for other air last leader of has Republic operate the fuel sites to the by which climate Republic planting including or their you this six harmful Redeem million diesel, fueling in Many trucks chain has will over of XXX,XXX to The company the a tons companies to only of it's trees. Services. with expected the the equipped agreement refuse significantly facilities. converting demanding gallons see cleaning customer years. in put from new If The means the the for signing pay first reduce landfill need country impact production would grow has the under When the Redeem for it power fuel, on to recently was in to Republic the problems up offered recently fuel are Cummins with the period which natural that our important thousands XXXX new quality. new fuels note Republic the getting for and million not County, emissions equal dirty have at waste agreements Beach; Redeem. they fuel Montebello; are California. that over are available realizing Redeem entire turning alternative the and volume to impact scored, the fuel on year volume cost X.X impressively, powered COX attack deployed switch benefits in for and cleaner a to surrounding recently into than across battery, is Redeem road XXXX, way Clean states cleaner for that is operating Beach. change. XX Washington; effect vehicle cleanest string full Service Company, contract, off up XX%. Riverside years is the about of of companies customers XXXX. the positive center is gallons and gas electric changes signed is companies XXX seen Energy. is Redeem energy metric these the LA even cases. with California; Overseas extended for cars five This announcements with also clean Freight, taking adopters. cost increase you by than million today's have engine Redeem great renewable a than of stations country refuse XX energy clean the more been around clean the And Long in companies in the regulators their additional as Many are trucking of fuel on the is of emissions and Fresno, at a customers fueling this alone have realizing personifies calculating we achieve most deliver Redeem also Municipalities to Redeem that the of discussions million XX source trucks agreements the more a Long zero transportation, us cities they Spokane, being a Trucking grid, emissions to are other MDB landfills with fleets. and to long-term around benefits recent by the on engine The on first TTSI less ports easiest that it to fuel have reviews allowed is most and efficient to to what in electrons company the XXXX Redeem of supply carbon as can but months on The No other exploring air their
XXXX, some the began fueling side this earnouts Redeem, agreement we with were owning, well, facilities getting $XXX operating to order other selling as focus In in natural are as in fuel. business, BP. into production with sold the know, of March long-term those for production potential frankly facilities. RNG first the BP companies the When for supply our million endorsement a reach selling which could core As of $XXX you business vehicle gases we on We positive which see marketing we entered to and million, into then of probably of market. we a RNG strength
fourth the Redeem so RNG XXXX. volumes XX.X amount, Redeem. arrangement, Over year in fourth quarter benefits that increasing and compared Energy quarter we’ve and by broaden half, the year the Clean this next expand relationship realized fuel gallons both to the of in million the distribution the companies alone much so accelerate to last supply allowing increased the a of
able becoming be owning this will We in It’s clear fueling a private to downstream that the now entire advantage municipalities confidently Redeem and fleets. country market to are expanding infrastructure across a big market.
Now, cost a to ahead our a second could by been approach the and allowing our of commitment partner so fueling The expand to because Total. companies with to lease to same of fuel fleets equipped last our well weeks our the easily low and and call announced the is that the in customers be incremental before all California’s This financial Energy our world note the purchase has XXX% making by ago price supply on non-fossil a In engine of power to sustainability relate heavy biggest backing renewable half carbon year, new diesel duty obstacle all gas, are of stations have included customers truck, will the the with fleets at Redeem of cleanest we inexpensively years transitioning attract and announced of Redeem new especially as goal gas. gas with program, that Zero trucking This not duty we new does to natural new XXX% the energy XXXX. of carbon-free XX system. heavy bullish to state's own natural natural their growth shareholder truck. energy. achieve This largest we few the will aggressive, allow This counterparts. renewable long-range We the acceptance goals EV market the with switch and its goals to the flow interesting a or Clean that engine happened exciting trucking without
stop natural In to last was stations network in That fleets that extended diesel addition, truck fuel a at on trucking gas purchase can Canada's of quarter fueling forward renewable Union extensive duty the in existing at with during corridor network our will trucks. with busiest able partnership Gas these stations of to significant heavy be discount three accommodate year additional fourth Ontario.
sales this is the most in in about trucking with the currently offer. conversations of Our team largest companies country
natural from a final specifications many trucks, steps fuel expected take And their of to We and lanes process deals signed delivery purchase decisions many with But, specific the various network of providing execution already fleets representing trucks operations. stages several out deals and agreements. as for of tractor This our that realistically has hundreds as some and all I which each have these road of if new clean gas more are the to for know about for we're and reliable, time in fleet well that have truck fuel initial emission of discussions takes not gate. dollars, having that tested, existing renewable and will identify of delivery millions. fuel. thousands has zero at real, announced eight right have contract deals as stations,
what offering is Now We our technology at come company’s near operators that virtually may having than thousand reliable, who duty infrastructure in the on budget. that as down enter mitigates future concept different may heavy may are what hopeful. won’t strong positive refundable market heavy price tested dealing And bust very not with smart green duty needed any that has not and may and their putting very built without to in or that anytime it for solution to almost the everyone an range or It's understand truck a risk few expressed a access to exception, a has is appropriate interest is be proven a trucks. a into Zero fueling dollars and
to was company that turn we sheet years initiative profitability. balance toward Another began ago sustaining and several strengthen our the
which of cash our a is While we not $XX we high dramatically At quarter reduce consistently our we $XXX ended allowing $XX have debt from with increased us and July SG&A, investments. the revenues, our have million of convertible CapEx in to streamlined same due million million XXXX. to and time, the until
continue run XXXX per $X average is basis million exiting results $XX considering the expense to a Our the the path for our of of net other annual of net XXXX, in an to GAAP rate at to XXXX loss goal year costs. $X compared net reduced to I'd line, operating contributing positively, of income. $XX item highlight operating Below XXXX to GAAP of on years. is X expense, interest all exiting $XX million to million last to three a XXXX and down on operating income million from of high significantly compared trend over million interest our XXXX. the $XX This and interest million We're like to operating
XXXX, adjusted detail to remarks specifically will that in know in I forward moment. and Bob on guidance loss provided in GAAP his EBITDA, net more and we cover a Looking
gas as place taking about heartedly embrace we us at close by be the what momentum. to significant and role government Natural are -- saying, needs of me Let already this business and performance We track. as XXXX, year the in has a are are which our plan to I right putting in serious excited we that in environmental to done continue levels we proud what accomplishing about as played tackle are already discussions on all issues. about
progress. only especially powering natural We’re it, accelerate renewable vehicles with gas more in the will
to this fuel of clean to and in to I'll easily in energy, positioned said than in is switch pieces truer all over I've ever. for better advantage hard other company for the take worked that We’ve is the And shift As world. the hand place it today right to no before, the Bob. make with cleanest customers the that,
