Loop Industries, Inc. (LOOP)

NASDAQ: LOOP · Real-Time Price · USD
1.240
-0.100 (-7.46%)
Dec 23, 2024, 10:26 AM EST - Market open
-7.46%
Market Cap 59.05M
Revenue (ttm) 101,000
Net Income (ttm) -19.36M
Shares Out 47.62M
EPS (ttm) -0.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 107,739
Open 1.310
Previous Close 1.340
Day's Range 1.210 - 1.340
52-Week Range 1.170 - 4.155
Beta 1.55
Analysts n/a
Price Target n/a
Earnings Date Jan 14, 2025

About LOOP

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks. Its polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester f... [Read more]

Sector Materials
Founded 2010
Employees 56
Stock Exchange NASDAQ
Ticker Symbol LOOP
Full Company Profile

Financial Performance

In 2023, Loop Industries's revenue was $153,000, a decrease of -11.56% compared to the previous year's $173,000. Losses were -$21.09 million, -1.00% less than in 2022.

Financial Statements

News

Loop Industries Completes Convertible Preferred Financing With Reed Societe Generale Group and Sells First Technology License For An Infinite Loop Manufacturing Facility in Europe

REED SOCIETE GENERALE GROUP INVESTS €10 MILLION IN LOOP VIA A CONVERTIBLE PREFERRED SECURITY AT A $4.75 CONVERSION PRICE. LOOP COMPLETES ITS INAUGURAL SALE OF AN INFINITE LOOP™ TECHNOLOGY LICENSE, GEN...

10 days ago - Accesswire

Loop Industries to Participate in the 13th Annual ROTH Technology Conference Taking Place November 19-20, 2024

MONTREAL, QC / ACCESSWIRE / October 22, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by m...

2 months ago - Accesswire

Loop Industries Reports Second Quarter Fiscal 2025 Results and Provides Update on Financing and Commercialization Plans

Reed financing expected to be finalized in November 2024 Continued progress towards groundbreaking of Infinite LoopTM India manufacturing facility on schedule Loop management to hold update call at 8:...

2 months ago - Accesswire

Loop Industries Announces Important Milestone Towards Completing the Previously Announced Reed Management Financing Package and Partnership

Societe Generale to acquire 75% of Reed Management SAS ("Reed") At closing this would secure funding for Reed's planned investments including €35 million financing package through JV partnership with ...

5 months ago - Accesswire

Loop Industries to Attend the Canaccord Genuity 44th Annual Growth Conference Taking Place August 13-15th, 2024

MONTREAL, QC / ACCESSWIRE / July 25, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manu...

5 months ago - Accesswire

Loop Industries Reports First Quarter Fiscal 2025 Results and Provides Update on Commercialization Plans

Loop Management to hold update call at 8:30 am ET on July 16, 2024 MONTREAL, QC / ACCESSWIRE / July 15, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clea...

5 months ago - Accesswire

Loop Industries to Attend 10th Annual ROTH London Conference Taking Place June 25-27th, 2024

MONTREAL, QC / ACCESSWIRE / June 6, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manuf...

7 months ago - Accesswire

Loop Industries, Inc. (LOOP) Q4 2024 Earnings Call Transcript

Loop Industries, Inc. (NASDAQ:LOOP) Q4 2024 Earnings Conference Call May 30, 2024 8:30 AM ET Company Participants Kevin O'Dowd - Vice President of Communications and Investor Relations Daniel Solomit...

7 months ago - Seeking Alpha

Loop Industries and Reed Management Sign Agreement for €35 Million Financing for Global Commercialization of the Infinite Loop(TM) Technology and To Form French Joint Venture

LOOP AND REED MANAGEMENT SAS ("REED") SIGN AGREEMENT FOR €35 MILLION IN FINANCING TO CONTRIBUTE TO THE GLOBAL COMMERCIAL ROLLOUT OF THE INFINITE LOOP™ TECHNOLOGY LOOP AND REED TO FORM JOINT VENTURE TO...

7 months ago - Accesswire

Loop Industries and Ester Industries Ltd. Announce Joint Venture Agreement to Build an Infinite Loop(TM) Manufacturing Facility in India to Produce rDMT, rMEG and Specialty Polymers From Waste Polyesters with a Significantly Lower Carbon Footprint

Levers the existing Infinite Loop™ technology to target undersupplied US$28 billion market for DMT and MEG High projected returns based on total capital investment of approximately US$165 million, fav...

8 months ago - Accesswire

Loop Industries to Participate in Gabelli Funds' 10th Annual Waste & Sustainability Symposium Taking Place April 4th, 2024

MONTREAL, QC / ACCESSWIRE / March 25, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by man...

9 months ago - Accesswire

Loop Industries to Present at The 36th Annual Roth Conference

MONTREAL, QC / ACCESSWIRE / February 15, 2024 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by ...

11 months ago - Accesswire

Loop Industries and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024

This packaging innovation will be showcased at Pharmapack Europe 2024 (January 24th-25th, 2024, Paris Expo, Porte de Versailles - booth B78-B79, Hall 7.2) MONTREAL, QC / ACCESSWIRE / January 24, 2024 ...

11 months ago - Accesswire

Loop Industries Announces MOU For US$66 Million of Non-Dilutive Financing from Reed Management, as Part of a Joint Venture for European Infinite Loop(TM) Technology Roll-Out

US$33 MILLION INITIAL INVESTMENT FROM REED MANAGEMENT ("REED") TO BE PROVIDED TO LOOP INDUSTRIES AS NON-DILUTIVE CAPITAL TO FUND LOOP'S TECHNOLOGY COMMERCIALIZATION GLOBALLY REMAINING US$33 MILLION TO...

1 year ago - Accesswire

Loop Industries Reports Third Quarter Fiscal 2024 Results and Provides Updates on Business Developments

LOOP ANNOUNCES MOU FOR US$66 MILLION OF NON-DILUTIVE FINANCING FROM REED MANAGEMENT AS PART OF A JOINT VENTURE FOR EUROPEAN INFINITE LOOPTM TECHNOLOGY ROLL-OUT Loop Management to hold update call at 8...

1 year ago - Accesswire

Loop Industries Announces Its Loop(TM) Branded PET Resin Is Compliant for Pharmaceutical Industry Packaging Applications

LOOP™ BRANDED PET RESIN MEETS REQUIREMENTS AND STANDARDS OUTLINED BY THE UNITED STATES AND EUROPEAN PHARMACOPEIA MONTREAL, QC / ACCESSWIRE / December 13, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (th...

1 year ago - Accesswire

Loop Industries to Participate in Upcoming Investor Conferences in November and December 2023

MONTREAL, QC / ACCESSWIRE / November 27, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by ...

1 year ago - Accesswire

Loop Industries Presents Its Infinite Loop(TM) Technology at Groundbreaking Ceremony of the Ulsan Advanced Recycling Cluster in South Korea

SK Geo Centric ("SKGC") breaks ground on world's first plastics recycling cluster Infinite Loop™ manufacturing facility in Ulsan expected to begin construction at end of 2023 and reach completion by e...

1 year ago - Accesswire

Loop Industries To Present Its Infinite Loop(TM) Technology at Groundbreaking Ceremony of the Ulsan Advanced Recycling Cluster in South Korea

Groundbreaking ceremony for the Ulsan Advanced Recycling Cluster ("Ulsan ARC") now scheduled to take place on November 15th, 2023 MONTREAL, QC / ACCESSWIRE / November 2, 2023 / Loop Industries, Inc. (...

1 year ago - Accesswire

Loop Industries Reports Second Quarter Fiscal 2024 Results And Provides Updates On Business Developments

Loop will participate in and present the Infinite Loop™ technology at groundbreaking ceremony for the Ulsan Advanced Recycling Cluster ("Ulsan ARC") on November 9 th, 2023 Loop Management to hold upda...

1 year ago - Accesswire

Loop Industries to Participate at the BofA Securities 2023 Sustainability and Circular Materials Virtual Conference

MONTREAL, QC / ACCESSWIRE / August 31, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by ma...

1 year ago - Accesswire

Loop Industries Reports First Quarter Fiscal 2024 Results

LOOP AND SK GEO CENTRIC ("SKGC") SIGN JOINT VENTURE AGREEMENT TO BUILD INFINITE LOOP™ MANUFACTURING FACILITIES THROUGHOUT ASIA LOOP AND GARNIER LAUNCH MICELLAR CLEANSING WATER BOTTLE PRODUCED UTILIZIN...

1 year ago - Accesswire

Loop Industries to Participate at the 9th Annual Roth London Conference

MONTREAL, QC / ACCESSWIRE / June 12, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manu...

1 year ago - Accesswire

Loop Industries to Present at TD Cowen Sustainability Week

MONTREAL, QC / ACCESSWIRE / June 2, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manuf...

1 year ago - Accesswire

Franck Leroy, President of The Grand Est Region, Visits Loop Industries' Terrebonne, Quebec, Canada Facility

MONTREAL, QC / ACCESSWIRE / May 30, 2023 / Loop Industries, Inc. (Nasdaq:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manuf...

1 year ago - Accesswire