Loop Industries, Inc.
Built from real-time financials, refreshed daily. For a full Analyst Grade with bull/bear case, price targets, and qualitative risk analysis, generate a LOOP research report →
Range $3 – $3
Price Chart
About the company
Loop Industries Inc. , a technology firm, specializes in chemically recycling discarded polyethylene terephthalate (PET) plastics and polyester textiles, breaking them down into their fundamental molecular components. From these constituent monomers, the company then synthesizes pristine, "virgin-quality" PET resins.
- CEO
- Daniel Solomita
- IPO
- 2017
- Employees
- 38
- HQ
- Terrebonne, QC, CA
Get TickerSpark's AI analysis on LOOP
Create an account to generate AI analysis on any ticker — technical setup, analyst consensus, earnings watch, insider pulse, financial health, and peer context. Ready in about a minute.
Get Pro Access →Already have an account? Log in
Similar companies
Peers in the same neighborhood.
- Market Cap
- $31.21M
- P/E
- -2.55
- Fwd P/E
- 25.80
- PEG
- 0.00
- P/S
- 70.76
- P/B
- -2.60
- EV/EBITDA
- -3.13
- Div Yield
- 0.00%
- Gross Margin
- -219.50%
- Op Margin
- -2413.83%
- Net Margin
- -2774.60%
- ROE
- 142.32%
- ROIC
- -245.16%
Latest fiscal year · YoY change
- Revenue
- $514.00K-95.3%
- Gross Profit
- $-251,000-102.4%
- Op Income
- $-10,128,000
- Net Income
- $-12,299,000+18.3%
- EPS
- $-0.26+17.8%
- OCF Growth
- -376.7%
- FCF Growth
- -301.4%
- 52W High
- $2.11
- 52W Low
- $0.62
- 50D MA
- $0.79
- 200D MA
- $1.14
- Beta
- 1.51
- RSI (14)
- 38
- Avg Volume
- 502.00K
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Loop highlighted stronger project economics and financing progress in India and Europe, while shifting toward engineering revenue and leaner corporate spending.· May 28, 2026
- India JV signed an MOU with the Gujarat government, adding regulatory validation and helping support permitting and infrastructure coordination.
- Estimated capex for the first India facility was reduced to about $165 million-$170 million from about $190 million, improving economics and lowering Loop’s equity need.
- Debt financing is advancing: banks have issued term sheets and are now in technical due diligence, with completion expected toward the end of June or mid-July.
- Management said the India plant is expected to be operational in calendar year 2028 and debt closing is contingent on 50% of offtakes being signed in minimum three-year contracts.
- Europe moved into engineering and permitting after site selection at BASF Industrial Park in Schwarzheide, Germany, with meaningful engineering revenue expected in the next few weeks to months.
No quarterly revenue, EPS, or gross margin figures were reported on this call. Management said capex for the initial India facility is now expected at approximately $165 million-$170 million, down from approximately $190 million, and that the project debt structure is expected to be 70% debt and 30% equity, with Loop funding 15% of the equity and Ester Industries funding 15%. The India project is expected to be operational in calendar year 2028. Loop said it has enough liquidity through the end of this year, and the feasibility study in Europe is expected to last approximately six months and generate meaningful, high profitable revenue. The company also cited up to CAD 2.9 million in non-repayable NRC IRAP funding through October 2027.
Daniel Solomita framed the quarter as one of execution across India and Europe, emphasizing commercial deployment, capital discipline, and a leaner operating model. He repeatedly pointed to project validation from the Gujarat MOU, customer interest, and the move into bank technical diligence as evidence that the strategy is progressing. His tone was confident and optimistic, especially around lower capex, future royalty and engineering revenue, and the ability to build more plants once the first sites are operating.
No detailed CFO prepared remarks were included beyond the executive update, and no income statement or cash flow metrics were provided. The most specific financial commentary on the call centered on liquidity through year-end, the 70/30 debt-equity target for India, and the capex reduction to $165 million-$170 million, which management said was driven by roughly 50% FX benefit, $5 million of land savings, and additional procurement/process optimization. Management also noted up to CAD 2.9 million in non-repayable NRC IRAP funding and said engineering contracts should fund back-office spend for the next few years.
Analysts focused on debt financing, offtake requirements, capex reduction drivers, liquidity, customer commitments, and the path to recurring revenue. Management said debt closing depends on 50% of offtakes being signed in minimum three-year contracts, that the cap table targets 70% debt and 30% equity, and that technical due diligence should finish in late June to mid-July. On liquidity, management said cash is sufficient through year-end, and on revenue they said engineering services revenue is already being recognized in India and should become more meaningful in Europe within weeks to months, while royalty revenue from India would begin once the plant is operational in 2028.
The call presented a clearer path to project financing and commercialization, with bank term sheets in hand, due diligence underway, and customer engagement described as strong. Lower capex, government support in Gujarat, and expected near-term engineering revenue in Europe all support the view that Loop can advance without heavy near-term dilution.
The biggest risks remain execution and timing: India’s facility is still years from operations, debt closing still depends on securing 50% contracted offtake, and long-term customer commitments are reportedly hard for brands to sign. The company also said liquidity only lasts through year-end, so any delay in financing, contracting, or engineering milestones could pressure the plan.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 55.2%
- Shares Outstanding
- 48.38M
- Float Shares
- 26.70M
of shares held by institutions
36 13F filers
Buy/sell ratio 5.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Global Value Investment Corp. | 784.74K | ▲ 20.55K |
| Vanguard Group Inc | 342.11K | 0 |
| Jackson Hole Capital Partners, LLC | 238.50K | 0 |
| Comerica Bank | 150.12K | 0 |
Held by 4 ETFs
Biggest fund positions in LOOP by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Aug 19, 26 | GEYGAN JEFFREY RICHART | buy | 1,090 |
| Aug 18, 26 | GEYGAN JEFFREY RICHART | buy | 22,100 |
| Jul 31, 26 | GEYGAN JEFFREY RICHART | buy | 30,800 |
| Jul 30, 26 | GEYGAN JEFFREY RICHART | buy | 62,895 |
| Jul 30, 26 | GEYGAN JEFFREY RICHART | other | 370 |
| Jul 29, 26 | GEYGAN JEFFREY RICHART | buy | 6,610 |
| Jul 27, 26 | GEYGAN JEFFREY RICHART | other | 4,760 |
| Jul 23, 26 | GEYGAN JEFFREY RICHART | other | 105,263 |
| Jul 23, 26 | Sams Louise S | other | 105,263 |
| Jul 23, 26 | Auguste Laurent | other | 105,263 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our LOOP coverage
Recent articles, reports, and earnings notes.
No research on LOOP yet
For a full analyst-grade research report — grades, price targets, financials, chart analysis — generate one on demand.
Generate LOOP report →Loop Industries, Inc. (LOOP) Q1 2027 Earnings Call Transcript
seekingalpha.com · Jul 15
Loop Industries, Inc. (LOOP) Reports Q1 Loss, Misses Revenue Estimates
zacks.com · Jul 14
Loop Industries Reports First Quarter Fiscal 2027 Results and Provides Update on Progress Towards Commercialization
accessnewswire.com · Jul 14
Loop Industries Announces Date for First Quarter Fiscal 2027 Financial Results and Conference Call
accessnewswire.com · Jul 9
Loop Industries Appoints Institutional Shareholder Jeff Geygan to Board; GVIC Outlines Intent to Increase Ownership Stake to 10%
accessnewswire.com · Jun 22
Loop Industries Secures Funding to Support Commercial Deployment of Proprietary Chemical Recycling Process for Hard-to-Recycle Plastic Waste
accessnewswire.com · Jun 3
Loop Industries, Inc. (LOOP) Q4 2026 Earnings Call Transcript
seekingalpha.com · Jun 3
Loop Industries Q4 Earnings Call Highlights
marketbeat.com · May 28
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.