Loop Industries Inc
NASDAQ:LOOP

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Loop Industries Inc Logo
Loop Industries Inc
NASDAQ:LOOP
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Price: 1.15 USD 1.77% Market Closed
Market Cap: 55.2m USD

Loop Industries Inc
Investor Relations

Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. The company is headquartered in Terrebonne, Quebec and currently employs 84 full-time employees. The company went IPO on 2012-09-27. The firm owns a technology that depolymerizes waste polyethylene terephthalate (PET) plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create Loop branded PET resin suitable for use in food-grade packaging and polyester fiber. Its Generation I technology (GEN I) is a hydrolysis-based depolymerization technology, which yields purified terephthalic acid (PTA) and monoethylene glycol (MEG), two common monomers of PET. Its Generation II technology (GEN II) is a methanolysis-based depolymerization technology that uses temperatures below 90 °C to depolymerize waste PET and polyester fiber. The company uses waste PET plastic and polyester fiber as feedstock. Loop Canada Inc. is its subsidiary.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Jan 15, 2026
AI Summary
Q3 2026

India Project Progress: Loop’s Infinite Loop India facility remains on budget and on schedule, with construction expected to complete by the end of 2027.

Nike Anchor Contract: Nike has signed a multi-year, take-or-pay supply contract to be an anchor customer for the India facility, marking a major commercial milestone.

Revenue Outlook: Engineering work for both India and an upcoming European facility is expected to generate meaningful revenue and cover corporate expenses over the next several years.

Cost Management: Cash operating expenses dropped to $2.2 million in the quarter, down $1.1 million year-over-year, with more reductions expected as costs shift to joint ventures.

Strong Customer Pipeline: The India facility expects 5-6 customers in total, with additional agreements being negotiated with global CPG and apparel brands.

Debt & Equity Financing: Debt financing for the India project ($130 million) is progressing, and Loop’s expected equity contribution is $28 million.

European Expansion: The European plant is planned at similar scale (70,000 tons) and will benefit from modular construction and established utilities to keep costs competitive.

Key Financials
Cash Operating Expenses
$2.2 million
Total Liquidity
$7.7 million
India Facility Capacity
70,000 tons
European Facility Capacity
70,000 tons
India Project Debt Financing
$130 million
India Project Equity Contribution (Loop share)
$28 million
Other Earnings Calls

Management

Mr. Daniel Solomita
Founder, Chairman of the Board, CEO & President
No Bio Available
Mr. Fady Mansour
CFO, Principal Accounting Officer & Principal Financial Officer
No Bio Available
Mr. Stephen Champagne
Chief Technology Officer
No Bio Available
Mr. Kevin C. O'Dowd
Vice President of Communications & Investor Relations
No Bio Available
Giovanni Catino
Vice President of Sales & Business Development
No Bio Available
Mike De Notaris
Vice President of Corporate Development
No Bio Available
Andrea Kostiuk
Vice President of Marketing & Communications
No Bio Available

Contacts

Address
QUEBEC
Terrebonne
480 Fernand-Poitras St
Contacts