Oct 30, 2026 · 16 min
Brent Todd makes the microcap case for EverGen
Brent Todd Pitches EverGen Infrastructure $EVGN.V at Planet MicroCap Toronto 2026
The episode connects a veteran advisor’s specialized microcap strategy with EverGen Infrastructure’s renewable natural gas business.
- 1Brent Todd describes nearly four decades as a Vancouver-based financial advisor focused almost exclusively on microcap investing.
- 2Todd explains how he developed a dedicated strategy for finding opportunities in the microcap market.
- 3The presentation turns that strategy toward EverGen Infrastructure, a developer and operator of renewable natural gas infrastructure.
Don't miss
Brent Todd shifts from explaining his decades-long microcap strategy to presenting EverGen Infrastructure as its featured opportunity.
The brief
Brent Todd introduces a nearly 40-year career as a Vancouver-based financial advisor at Canaccord Genuity Wealth Management, with microcap investing as his central focus.
Rather than treating microcaps as a broad market category, Todd describes developing a dedicated strategy for identifying opportunities in a segment often approached through specialized research.
That framework leads to EverGen Infrastructure, which develops and operates renewable natural gas infrastructure, including anaerobic digestion and biogas-upgrading facilities.
The episode’s key tension is practical: how a focused microcap strategy translates into a presentation about a specific renewable natural gas infrastructure company.
The standout is Todd’s pivot from career and method to EverGen, showing the investment thesis emerging from the strategy he has spent decades refining.
What was said on this episode
17 statements · 16 positive · 1 mixed
- Brent Toddon Company profit growthPositive1:15
Ever-increasing company profits are the surest driver of share-price appreciation.
“the surest way for a company's share price to appreciate is to produce an ever-increasing stream of profits that shareholders may participate in”
Listen at 1:15
- Brent Toddon Microcap companiesMixed1:42
Microcap companies often stagnate for years before rapidly appreciating.
“the average microcap story is a 10-year overnight sensation.”
Listen at 1:42
- Brent Toddon Businesses nearing sustained profitabilityPositive2:14
Investors should seek businesses nearing or achieving sustained profitability.
“you want to look for those businesses that have turned a significant corner in terms of figuring out how to become profitable or are on the verge of sustained profitability”
Listen at 2:14
- Brent Toddon Microcap liquidityPositive2:45
Liquidity can benefit retail microcap investors.
“don't be afraid of liquidity as retail investors that's your friend”
Listen at 2:45
- Brent Toddon Companies with profitable customer salesPositive5:22
Stocks can rise substantially after companies establish profitable customer sales.
“once the company has figured out who their customers are and how to sell to them profitably That stock can go for a long way”
Listen at 5:22
- Brent Toddon Winning stocks with established value propositionsPositive5:30
Investors should not quickly sell winners with established value propositions.
“Do not be quick to sell a winner once they've figured out their value proposition.”
Listen at 5:30
- Brent Toddon Microcap management teamsPositive6:01
Investors should seek profitable management teams with fewer than 40 million shares.
“Look for management teams that have figured out their market, their customers. and profitability inside of 40 million shares.”
Listen at 6:01
- Brent Toddon Company with 25 million sharesPositive6:16
A company with 25 million shares would reach $4 at a $100 million market cap.
“By the time that company has a 100 million market cap, it'll be a $4 stock.”
Listen at 6:16
- Brent Toddon Microcap investment targetsPositive6:53
Investors should invest only when potential share price is multiple times current price.
“make sure that that share price is multiples of where it is right now. Otherwise, don't invest.”
Listen at 6:53
- Brent Toddon EvergenPositive9:10
Evergen is Todd’s current microcap investment pick.
“Today's pick is a company called Evergen, EVGN on the venture.”
Listen at 9:10
- Brent Toddon EvergenPositive10:27
Evergen converts organic waste into renewable natural gas under offtake agreements.
“they put it through an anaerobic digester it creates biogas the gas is upgraded and they have offtake agreements with fortis and irving oil so this is basically renewable natural gas”
Listen at 10:27
- Brent Toddon Evergen refinancingPositive13:10
Evergen’s Farm Credit Canada refinancing saves approximately $500,000 in interest.
“They're saving a half a million dollars in interest.”
Listen at 13:10
- Brent Toddon Evergen productionPositive13:30
Evergen has set production records every quarter since its operational changes.
“Every quarter since that time has been a record in terms of production.”
Listen at 13:30
- Brent Toddon Evergen EBITDAPositive14:09
Evergen currently has an approximately $5 million EBITDA run rate.
“This company is now on a $5 million EBITDA run rate since those changes were made.”
Listen at 14:09
- Brent Toddon Evergen Pacific Coast expansionPositive15:09
Evergen’s Pacific Coast expansion will likely add approximately $5 million EBITDA.
“that catalyst which could add another five million in EBITDA to the bottom line as a more than likely event”
Listen at 15:09
- Brent Toddon EverGen Infrastructure Pacific Coast facilityPositive15:10
EverGen’s Pacific Coast facility could add $5 million in EBITDA.
“which could add another five million in EBITDA to the bottom line as a more than likely event.”
Listen at 15:10
- Brent Toddon EverGen InfrastructurePositive15:37
“it's trading at 80 cents. I did a cross on Monday for a half million shares at 80. I'm still buying here, so there's my pick.”
Listen at 15:37
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
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