Loop Industries, Inc.
- Open
- 0.78
- Day high
- 0.78
- Day low
- 0.74
- Prev close
- 0.75
- Volume
- 3K
- Mkt cap
- $36M
- P/E (TTM)
- —
- EPS (TTM)
- —
- P/B
- -3.0
- P/S
- 81.9
- Yield
- —
- Per share
- —
Loop Industries, Inc. (LOOP) is a Basic Materials company listed on NASDAQ. The stock is down 37% over the past year.
Loop Industries, Inc. (LOOP) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
LOOP earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Jul 15, 2026 | $-0.05 | $-0.07 | -40.0% | $179000 | -66.9% |
| May 27, 2026 | $-0.06 | $-0.06 | +0.0% | $176000 | -77.3% |
| Oct 15, 2025 | $-0.07 | $-0.07 | +0.0% | $0 | -100.0% |
| Jul 15, 2025 | $-0.07 | $-0.07 | +0.0% | $252000 | -67.5% |
| May 29, 2025 | $-0.09 | $0.14 | +255.6% | $11M | +6531.3% |
| Jan 14, 2025 | $-0.10 | $-0.07 | +30.0% | $52000 | +76.3% |
| Oct 15, 2024 | $-0.11 | $-0.10 | +9.1% | $23000 | -54.0% |
| Jul 15, 2024 | $-0.09 | $-0.11 | -22.2% | $6000 | -91.4% |
| May 29, 2024 | $-0.10 | $-0.10 | +0.0% | $45000 | +0.0% |
| Jan 16, 2024 | $-0.07 | $-0.09 | -28.6% | $26000 | -35.0% |
| Oct 16, 2023 | $-0.10 | $-0.10 | +0.0% | $54000 | +170.0% |
| Jul 12, 2023 | $-0.11 | $-0.15 | -36.4% | $27000 | -88.8% |
LOOP insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Apr 10, 2026 | Solomita Danieldirector, 10 percent owner, officer: Chief Executive Officer | Grant | 1,000,000 | $1.44 |
| Apr 10, 2026 | CATINO GIOVANNIofficer: Chief Revenue Officer | Grant | 43,870 | $1.44 |
| Apr 10, 2026 | Essaddam Adelofficer: Chief Operating Officer | Grant | 200,000 | $1.44 |
| Apr 10, 2026 | Essaddam Adelofficer: Chief Operating Officer | Grant | 400,000 | $1.44 |
| Apr 10, 2026 | Hart Spencerdirector, officer: Chief Financial Officer | Grant | 6,365 | $1.44 |
| Apr 10, 2026 | Solomita Danieldirector, 10 percent owner, officer: Chief Executive Officer | Grant | 150,410 | $1.44 |
| Jan 6, 2026 | Hart Spencerdirector | Grant | 800,000 | $1.02 |
| Jan 6, 2026 | Hart Spencerdirector | Grant | 200,000 | $1.02 |
| Nov 12, 2025 | Hart Spencerdirector | Buy | 50,000 | $1.32 |
| Nov 10, 2025 | De Notaris Mikeofficer: Interim CFO | Grant | 100,000 | $1.72 |
| Oct 21, 2025 | Sellyn Laurence G.director | Grant | 17,311 | — |
| Aug 7, 2025 | Hart Spencerdirector | Buy | 20,000 | $1.66 |
| Jul 28, 2025 | Hart Spencerdirector | Buy | 29,121 | $1.65 |
| Jul 28, 2025 | Hart Spencerdirector | Buy | 27,562 | $1.32 |
| Jul 28, 2025 | Hart Spencerdirector | Buy | 41,317 | $1.25 |
Source: LOOP SEC Form 4 filings, latest Apr 10, 2026. For informational purposes only — not investment advice.
See the full LOOP insider & 13F page →Loop Industries, Inc. company profile
Overview
Loop Industries, Inc. (NASDAQ:LOOP) is a Canadian technology company founded in 2010 and based in Terrebonne, Quebec. The company went public in 2017 and has developed proprietary chemical recycling technology that transforms waste polyethylene terephthalate (PET) plastics and polyester fibers into virgin-quality materials. Loop represents a novel approach to addressing the global plastic waste crisis by creating a circular economy for PET materials, enabling infinite recycling without degradation of quality. The company operates primarily through joint ventures and partnerships to commercialize its technology globally.
Business
Loop Industries operates in the specialty chemicals sector, specifically focusing on chemical recycling technology for PET plastics. PET (polyethylene terephthalate) is one of the most common plastics used globally, found in water bottles, soft drink containers, food packaging, and polyester textiles. Traditional mechanical recycling of PET can only be performed a limited number of times before the material degrades, but Loop's patented depolymerization process breaks down waste PET into its basic molecular building blocks called monomers. The company's core technology depolymerizes waste PET plastics and polyester fibers into two key chemical components: DMT (dimethyl terephthalate) and MEG (monoethylene glycol). These monomers are then repolymerized to create virgin-quality PET resin that is chemically identical to petroleum-based PET. This process enables infinite recycling, as the recycled material maintains the same quality as new plastic, suitable for food-grade packaging and high-quality textiles. Loop's business model centers around licensing its technology through joint ventures rather than operating facilities directly. The company generates revenue through three primary streams: equity ownership in joint venture facilities (typically 49-50%), royalty fees on revenue (around 5%), and technology licensing. Current major projects include partnerships in India with Ester Industries, South Korea with SK Global Chemical, and Europe with SUEZ and other partners.
Revenue model
Loop Industries generates revenue through a capital-light business model focused on technology licensing and joint venture partnerships rather than direct manufacturing operations. The company's primary revenue streams include equity ownership in manufacturing facilities (typically holding 49-50% stakes), royalty payments on facility revenues (approximately 5% of top-line revenue), and technology licensing fees. The company's customers are primarily large consumer goods companies, beverage manufacturers, and textile producers seeking sustainable packaging solutions. These include partnerships with brands like Danone, L'Oreal, L'Occitane, and On Shoes. The end markets are driven by increasing regulatory pressure for sustainable packaging, corporate sustainability commitments, and consumer demand for environmentally responsible products. Several factors influence Loop's profitability margins. Positive drivers include growing regulatory requirements for recycled content in packaging, increasing sustainability premiums (estimated 15% above conventional materials), and the company's unique ability to process contaminated feedstock (10-15% non-PET contamination). The technology addresses the textile industry, which represents 66% of global PET polyester consumption and has limited recycling alternatives. Potential margin pressures include fluctuating commodity prices for DMT and MEG monomers, competition from other recycling technologies, and the need for secure feedstock supply chains. The company's success depends heavily on securing long-term feedstock agreements and maintaining technological advantages over competing chemical recycling approaches. Additionally, the capital-intensive nature of manufacturing facilities requires strong partnerships with financially capable joint venture partners.
Risks & safety
Loop Industries presents a mixed margin of safety profile with both strengths and significant risks: **Cash Position and Liquidity:** - Cash and short-term investments: $13.0 million as of Q4 2024 - Current ratio of 3.5 indicates strong short-term liquidity - Monthly cash burn rate: $1.0-1.2 million projected for fiscal 2025 - Estimated 12-15 months of operating runway at current burn rate **Debt and Solvency:** - Debt-to-equity ratio of 0.85 shows moderate leverage - Total liabilities of $18.2 million against $18.6 million in assets - Book value near zero, indicating limited tangible asset protection - Dependency on continued financing for operations and growth **Valuation Metrics:** - Price-to-earnings ratio of 2.3 (based on one-time positive earnings in Q4 2024) - Historical losses with negative ROE of -41% for fiscal 2024 - EV/EBITDA ratio distorted by volatile earnings pattern - Market cap of approximately $83 million appears speculative given limited commercial operations **Other Considerations:** - Pre-commercial stage with minimal recurring revenue - Success heavily dependent on joint venture partners' execution - Regulatory and permitting risks for manufacturing facilities - Technology validation still ongoing with limited commercial scale operations
Recent development
Over the past few years, Loop Industries has undergone a significant strategic transformation from a direct manufacturing approach to a capital-light joint venture model. The company has shifted focus from building its own facilities to partnering with established industrial companies globally, reducing capital requirements while maintaining technology ownership. The most significant development is the **Infinite Loop India project**, a 50-50 joint venture with Ester Industries targeting production of 70,000 metric tons of DMT and 23,000 tons of MEG annually. This $165 million project represents Loop's first major commercial-scale implementation, with the company contributing $25-30 million in equity while receiving 50% of profits plus 5% royalty fees. In **South Korea**, Loop has been developing a partnership with SK Global Chemical for a facility in Ulsan, though recent earnings calls suggest the project is being restructured to focus on monomer production rather than finished PET resin. The company has also been negotiating **Reed Financing** for European expansion, targeting a 50-50 equity structure for multiple European projects. Loop has begun demonstrating **circular recycling applications** through partnerships like the On Shoes Cloudeasy Cyclon project, which uses 100% recycled polyester fiber in a subscription-based shoe model where customers return shoes for recycling into new products. This showcases the practical application of Loop's fiber-to-fiber recycling capabilities. The company has also pivoted toward **selling monomers directly** rather than only finished PET resin, expanding its addressable market and providing more flexibility in its business model. This strategic shift allows Loop to capture value earlier in the production process while reducing manufacturing complexity for its joint venture partners.
LOOP company profile · for informational purposes only — not investment advice.
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