Canada · Delayed Price · Currency is CAD Progressive Planet Solutions Earnings Call Transcripts
Fiscal Year 2027
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Fiscal Q1 revenue reached a record CAD 7.3 million, supported by broad business momentum. Inflation is pressuring margins, while automation, PozGlass commercialization and U.S. expansion shape the next growth phase.
Fiscal Year 2026
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Record 2026 revenue reached CAD 23.2 million, while four capital projects near completion and pilot-plant R&D costs are expected to fall by Dec. 31, 2026. PozGlass commercialization planning targets B.C. in Apr.–May 2027, alongside acquisition-led growth plans.
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Q3 saw 22% revenue growth year-over-year, driven by strong product demand and new SKUs, though profitability was impacted by two one-time charges. Major CapEx projects and government funding position the company for continued growth, with new product launches and facility expansions planned.