# Loop Industries Inc. (LOOP)

**Exchange:** NASDAQ  
**Sector:** Basic Materials  
**Market cap:** $48M  
**Price:** $1.00

> Loop Industries Inc. is a technology-driven company that specializes in innovating sustainable solutions within the plastics industry. At its core, Loop Industries focuses on the development and commercialization of its patented technology to upcycle waste PET plastic and polyester fiber into high-quality consumer-grade materials. These materials can be used to produce food-safe, virgin-quality PET plastic products, offering a sustainable alternative to traditional petroleum-based plastics. Loop Industries plays a pivotal role in the circular economy by providing clean technology solutions that help reduce plastic pollution and promote the reuse of resources. Their process impacts various industries, including food and beverage packaging, consumer goods, and textiles, all of which benefit from the environmental responsibility and cost-effectiveness of recycled PET. Based in Montreal, Canada, Loop Industries is positioned as a key contributor in the shift towards sustainable manufacturing practices, addressing global challenges associated with plastic waste and resource management.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $514,000 | $133,000 | — | -$12M | — |
| 2025 | $11M | $11M | — | -$15M | $-0.32 |
| 2024 | $153,000 | — | — | -$21M | $-0.44 |
| 2023 | $173,000 | — | — | -$21M | — |
| 2022 | — | — | — | -$45M | — |
| 2021 | — | — | — | -$36M | — |
| 2020 | — | — | — | -$15M | — |
| 2019 | — | — | — | -$18M | — |
| 2018 | — | — | — | -$14M | — |
| 2017 | — | — | -$4M | -$4M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2026 | $9M | $18M | -$10M | $2M | $3M |
| 2025 | $19M | $18M | $367,000 | $13M | $3M |
| 2024 | $21M | $6M | $14M | $7M | $4M |
| 2023 | $41M | $7M | $34M | $30M | $4M |
| 2022 | $59M | $13M | $46M | $44M | $4M |
| 2021 | $43M | $11M | $33M | $35M | $3M |
| 2020 | $43M | $4M | $38M | $34M | $2M |
| 2019 | $12M | $10M | $3M | $6M | $1M |
| 2018 | $13M | $3M | $10M | $8M | $1M |
| 2017 | $3M | $800,008 | $2M | $916,487 | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2026 | -$10M | — | — |
| 2025 | -$2M | — | -$2M |
| 2024 | -$18M | $5M | -$23M |
| 2023 | -$35M | $81,000 | -$35M |
| 2022 | -$41M | $5M | -$45M |
| 2021 | -$22M | $2M | -$24M |
| 2020 | -$9M | $2M | -$12M |
| 2019 | -$8M | $2M | -$9M |
| 2018 | -$6M | $3M | -$9M |
| 2017 | -$3M | $513,022 | -$3M |
| 2016 | -$1M | $2M | -$3M |
| 2014 | -$14,278 | — | — |
| 2013 | -$19,716 | — | — |
| 2012 | -$24,543 | — | — |
| 2011 | -$13,760 | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/LOOP)