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LOOP

Loop Industries, Inc.

LOOP

Loop Industries, Inc. • NASDAQ
$1.14 ▲ 3.64% (+0.04)
Market Cap $54.37 M
52w High $2.29
52w Low $0.85
Dividend Yield 0%
P/E -4.56
Volume 44.81K
Outstanding Shares 47.69M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q2-2025 $0 ▼ $2.714M ▼ $-3.204M ▲ 0% ▲ $-0.067 ▲ $-2.689M ▲
Q1-2025 $252K ▼ $3.023M ▲ $-3.447M ▼ -1.368K% ▼ $-0.072 ▼ $-2.928M ▼
Q4-2024 $10.809M ▲ $2.88M ▼ $6.882M ▲ 63.669% ▲ $0.144 ▲ $7.337M ▲
Q3-2024 $52K ▲ $3.525M ▼ $-11.912M ▼ -22.908K% ▼ $-0.25 ▼ $-11.67M ▼
Q2-2024 $23K $4.54M $-4.839M -21.039K% $-0.102 $-4.591M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q2-2025 $7.31M ▼ $13.29M ▼ $18.758M ▲ $-5.468M ▼
Q1-2025 $9.748M ▼ $15.921M ▼ $18.645M ▲ $-2.724M ▼
Q4-2024 $12.973M ▲ $18.578M ▲ $18.211M ▲ $367K ▲
Q3-2024 $323K ▼ $4.679M ▼ $11.562M ▲ $-6.883M ▼
Q2-2024 $1.395M $15.003M $10.169M $4.834M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q2-2025 $-3.204M ▲ $-2.522M ▲ $-18K ▲ $106K ▲ $-2.438M ▲ $-2.407M ▲
Q1-2025 $-3.447M ▼ $-3.082M ▼ $-115K ▲ $-55K ▼ $-3.225M ▼ $-3.197M ▼
Q4-2024 $6.883M ▲ $6.514M ▲ $-1.95M ▼ $8.006M ▲ $12.65M ▲ $6.968M ▲
Q3-2024 $-11.912M ▼ $-1.86M ▲ $239K ▲ $775K ▲ $-1.072M ▲ $-1.989M ▲
Q2-2024 $-4.839M $-2.86M $-149K $-955K $-3.896M $-3.009M

Five-Year Company Overview

Income Statement

Income Statement Loop is still essentially a pre‑revenue company. Over the last several years it has generated almost no sales, while consistently recording operating and net losses. Those losses have been gradually narrowing, but they remain meaningful relative to the company’s tiny revenue base. In practice, this means the income statement reflects a technology and development phase business, not yet a commercial-scale operator. Progress will be less about quarter‑to‑quarter profit trends and more about whether pilot projects convert into real, repeatable revenue streams from plants and licensing.

Balance Sheet

Balance Sheet The balance sheet is small and relatively simple. Loop holds a modest amount of assets and cash, has no financial debt, and relies mainly on shareholder equity to fund its activities. Equity has trended down from earlier peaks, reflecting cumulative losses and past funding rounds. The absence of debt reduces financial pressure in the near term, but the limited asset and cash base also means the company has a narrow margin for execution errors and will likely need additional external funding if commercialization takes longer than expected.

Cash Flow

Cash Flow Historically, Loop has used cash rather than generated it. Operating cash flows have been negative for several years, consistent with a company investing in technology, engineering, and early commercial development. Recently, cash burn appears to have moderated, suggesting tighter cost control or slower project spending. Capital spending has been relatively light, which fits with the shift toward a licensing and engineering model instead of owning all plants itself. Even so, with minimal incoming cash from customers so far, the business remains dependent on its existing cash reserves and potential future capital raises to sustain operations until projects begin to scale.

Competitive Edge

Competitive Edge Loop operates in a fast‑emerging niche: chemical recycling of plastics, especially PET and polyester. Its pitch is a low‑energy depolymerization process that can handle hard‑to‑recycle waste and deliver high‑purity outputs suitable for food‑grade and performance applications. Independent technical validation and a favorable regulatory opinion for food‑grade use provide some credibility. The company has built a network of notable partners, including global brands that have signed offtake agreements for future production, and a joint venture in India where costs and feedstock availability are attractive. At the same time, its competitive position is not yet proven at large industrial scale, and the prior short‑seller report plus the dissolved Korean joint venture underline that external confidence is still a work in progress. Loop also faces serious competition from other advanced recycling players backed by larger balance sheets and operating histories.

Innovation and R&D

Innovation and R&D Innovation is the core of Loop’s story. The firm’s proprietary depolymerization technology, its Infinite Loop™ plant concept, and its Twist™ textile‑to‑textile resin product are all aimed at closing the loop on plastic and textile waste. Independent verification of the chemistry and the ability to handle difficult feedstocks are key technical strengths. R&D and engineering efforts now support a dual path: building reference plants (such as the India project with Ester Industries) and commercializing a licensing and engineering‑services model so others can deploy the technology. Future upside depends on successful commissioning of these plants, demonstrating consistent quality and economics, and potentially adapting the process to other plastics. Execution risk is high, as with most early‑stage cleantech, and the competitive field is evolving quickly.

Summary

Loop Industries looks like a classic early‑stage cleantech platform: strong on vision and technology claims, very light on current revenue, and reliant on partners and future projects to prove commercial viability. Financially, it has a small, debt‑free balance sheet, ongoing losses, and a history of cash burn that has recently eased but not disappeared. Strategically, the shift toward lower‑cost regions and a licensing‑heavy model reduces capital intensity and could, if proven, allow faster scaling with less balance sheet strain. The India joint venture, together with brand offtake agreements, is a pivotal test of whether Loop’s technology can operate reliably at scale and command real demand. The main opportunities lie in global demand for circular plastics solutions, strong potential brand pull, and a differentiated technology with third‑party validation. The main risks center on execution, funding needs, competitive pressure from larger players, and lingering skepticism from past criticism. Outcomes will likely hinge on the next few years of project delivery and the company’s ability to turn technical promise into repeatable, profitable commercial contracts.

NEWS

November 10, 2025 · 8:00 AM UTC

Loop Industries Executes a Multi-Year Offtake Agreement With Nike, the Global Leader in Athletic Footwear and Apparel

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October 15, 2025 · 4:35 PM UTC

Loop Industries Reports Second Quarter Fiscal 2026 Results and Provides Update on Positive Progress Towards Commercialization

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September 16, 2025 · 4:30 PM UTC

Loop Industries Announces Offtake Agreement with Taro Plast to Supply Loop Dimethyl Terephthalate (DMT) Made From 100% Recycled Content

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