LOOP - Loop Industries Inc Stock Price, Fair Value and News

2.88USD+0.03 (+1.05%)Market Closed

Market Summary

USD2.88+0.03

Market Closed

1.05%

LOOP Stock Price

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LOOP RSI Chart

LOOP Valuation

Market Cap

135.5M

Price/Earnings (Trailing)

-12.81

Price/Sales (Trailing)

421.67

Price/Free Cashflow

-5.59

LOOP Price/Sales (Trailing)

LOOP Profitability

Return on Equity

-55.93%

Return on Assets

-42.67%

Free Cashflow Yield

-17.87%

LOOP Fundamentals

LOOP Revenue

Revenue (TTM)

321.2K

Rev. Growth (Yr)

1.2K%

Rev. Growth (Qtr)

207.41%

LOOP Earnings

Earnings (TTM)

-10.6M

Earnings Growth (Yr)

-318.95%

Earnings Growth (Qtr)

10.65%

Breaking Down LOOP Revenue

Last 7 days

0.7%

Last 30 days

-1.7%

Last 90 days

-14.9%

Trailing 12 Months

-9.2%

How does LOOP drawdown profile look like?

LOOP Financial Health

Current Ratio

6.74

Debt/Equity

0.15

Debt/Cashflow

-8.76

LOOP Investor Care

Shares Dilution (1Y)

100154.17%

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	235.4K	249.2K	168.2K	321.2K
2022	59.0K	103.1K	147.2K	191.3K
2021	93.0K	62.5K	52.8K	0
2020	505.8K	540.8K	366.6K	215.3K
2019	0	0	200.0K	370.1K
2013	11.7K	10.8K	9.9K	0
2012	13.1K	18.5K	13.4K	12.5K
2011	0	0	17.1K	19.5K
2010	0	0	0	0

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Tracking the Latest Insider Buys and Sells of Loop Industries Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jun 28, 2023	sams louise s	acquired	-	-	28,841	-
Jun 28, 2023	lapham andrew	acquired	-	-	28,841	-
Jun 28, 2023	sellyn laurence g.	acquired	-	-	28,841	-
Jun 28, 2023	stubina jay howard	acquired	-	-	28,841	-
Apr 18, 2023	mansour fady	acquired	-	-	470,000	chief financial officer
Jun 28, 2022	lapham andrew	acquired	-	-	16,686	-
Jun 28, 2022	sams louise s	acquired	-	-	16,686	-
Jun 28, 2022	sellyn laurence g.	acquired	-	-	16,686	-
Jun 28, 2022	stubina jay howard	acquired	-	-	16,686	-
May 31, 2022	perron yves	bought	19,994	5.478	3,650	vp, engineering & construction

Which funds bought or sold LOOP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-31.27	-69,072	71,627	-%
May 06, 2024	Parallel Advisors, LLC	unchanged	-	-49.00	140	-%
May 06, 2024	Candriam S.C.A.	sold off	-100	-1,562,450	-	-%
May 03, 2024	Avion Wealth	unchanged	-	-	1,000	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
Apr 25, 2024	SIMPLEX TRADING, LLC	added	24.59	-	-	-%
Apr 18, 2024	Hexagon Capital Partners LLC	unchanged	-	-12,446	35,560	0.01%
Apr 16, 2024	Williams & Novak, LLC	unchanged	-	-	37,800	0.04%
Apr 15, 2024	RICHELIEU GESTION SA	sold off	-100	-173,000	-	-%
Apr 12, 2024	Dynamic Advisor Solutions LLC	unchanged	-	-7,000	28,000	-%

Are Funds Buying or Selling LOOP?

Are funds buying LOOP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own LOOP

No. of Funds

Unveiling Loop Industries Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 23, 2023	handelsbanken fonder ab	00%	1,899,257	SC 13G/A
Apr 14, 2022	lapham andrew	17.2%	8,165,167	SC 13D/A
Aug 09, 2021	sk global chemical co., ltd.	10.0%	4,714,813	SC 13D
Feb 23, 2021	lapham andrew	17.6%	8,165,167	SC 13D/A
Feb 12, 2021	handelsbanken fonder ab	14%	2,172,148	SC 13G
Nov 29, 2019	solomita daniel	78.2%	0	SC 13D

Recent SEC filings of Loop Industries Inc

View All Filings

Date Filed	Form Type	Document
May 07, 2024	8-K	Current Report

Peers (Alternatives to Loop Industries Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
APD	55.3B	12.2B	4.18%	-15.88%	22.4	4.55	-7.47%	13.44%
DOW	41.1B	43.5B	-2.24%	7.76%	32.39	0.94	-18.61%	-57.39%
CE	17.7B	10.9B	0.09%	53.53%	9.04	1.62	13.10%	3.48%
AVTR	16.9B	6.9B	-3.98%	23.64%	64.9	2.46	-6.48%	-57.90%
ALB	15.5B	8.4B	6.57%	-29.22%	45.83	1.84	-4.27%	-90.82%
EMN	11.8B	9.1B	0.81%	24.63%	12.8	1.3	-11.38%	33.67%
MID-CAP
CBT	5.6B	3.9B	8.49%	43.15%	12.6	1.43	-9.12%	26.64%
BCPC	5.0B	929.6M	3.59%	21.49%	43.91	5.42	-1.74%	15.81%
AVNT	4.2B	3.1B	8.86%	19.59%	40.24	1.35	-6.69%	-83.56%
ARCH	2.9B	3.0B	5.03%	26.13%	9.04	0.98	-20.68%	-74.38%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	641.0M	1.5B	-16.06%	-31.40%	281.99	0.44	-21.27%	-97.94%
CMT	165.3M	336.4M	0.89%	-5.09%	9.07	0.49	-12.92%	28.47%
AREC	98.2M	16.7M	-11.43%	-17.88%	-8.3	5.86	-57.58%	-718.66%
AMRS	3.7M	-	-80.00%	-99.58%	-0.01	0.01	-	-

Loop Industries Inc News

Latest updates

Loop Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2013Q3	2013Q2	2013Q1	2012Q4
Revenue	207.4%	166	54.00	27.00	74.00	13.00	135	13.00	11.00	8.00	10.00	15.00	20.00	18.00	40.00	137	171	192	5.00	1.00	1.00	2.00
Operating Expenses	-11.9%	4,422	5,017	7,088	4,551	7,899	7,900	17,976	10,429	8,392	12,157	13,193	14,171	5,128	3,853	3,758	3,851	3,342	-	-	-	-
S&GA Expenses	-13.5%	2,458	2,843	2,465	2,199	3,183	4,011	11,037	3,424	3,116	3,161	4,814	2,724	2,049	1,953	1,768	1,826	1,719	-	-	-	-
R&D Expenses	-10.1%	1,833	2,038	4,490	-	4,582	3,751	6,800	-	-	8,638	8,183	6,274	2,749	1,481	1,471	1,278	970	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	31.00	56.00	-41.85	-58.90	127	406	693	622	-	-	-	-
Income Taxes	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	10.7%	-4,244	-4,750	-7,001	5,423	-1,013	-7,705	-18,006	-14,272	-8,392	-12,157	-13,193	-14,170	-5,127	-3,852	-3,757	-3,850	-3,342	-	-	-	-
Net Income Margin	24.6%	-32.91*	-43.63*	-41.31*	-90.47*	-214.28*	-340.22*	-492.48*	-761.68*	-906.93*	-714.88*	-390.63*	-124.98*	-45.26*	-	-	-	-	-	-	-	-
Free Cashflow	-Infinity%	-3,755	-	-5,516	-9,892	-5,614	-7,817	-11,649	-7,526	-10,138	-17,272	-8,100	-7,552	-3,200	-5,372	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-15.0%	24,777	29,156	35,244	40,560	39,641	39,220	47,732	59,220	69,162	78,477	32,518	43,404	51,513	36,063	39,100	42,837	43,848	46,024	14,541	12,158	9,429
Current Assets	-17.6%	20,644	25,040	31,139	36,424	35,471	32,417	40,703	52,133	61,040	71,288	21,567	37,596	46,026	25,933	30,016	34,523	36,296	38,896	7,890	6,659	3,990
Cash Equivalents	-29.9%	9,366	13,365	21,970	29,591	25,625	23,000	32,401	44,061	54,860	65,561	18,037	35,222	43,614	23,128	27,509	33,718	35,491	37,931	6,972	5,833	3,628
Inventory	3.5%	937	905	871	727	426	330	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net PPE	-3.9%	2,267	2,360	2,446	2,545	2,678	5,340	5,581	5,693	5,541	4,818	8,570	3,513	3,355	8,287	7,250	7,260	6,495	6,428	6,005	5,371	5,034
Liabilities	-7.1%	5,875	6,324	8,134	6,824	11,257	10,258	11,281	13,225	9,627	9,472	11,644	10,579	6,479	4,470	3,648	4,373	7,532	6,741	7,723	9,531	6,127
Current Liabilities	-8.7%	3,061	3,354	5,036	3,584	8,015	7,159	7,979	9,847	6,312	6,150	10,029	9,063	4,142	2,153	1,462	2,135	6,628	5,824	6,808	8,579	5,171
Long Term Debt	-5.3%	2,814	2,970	3,098	3,240	3,242	3,099	3,302	3,378	3,315	3,323	1,615	1,516	2,336	2,316	2,185	2,238	904	917	914	952	956
LT Debt, Current	40.7%	501	356	208	62.00	47.00	251	130	-	889	915	971	938	54.00	54.00	51.00	52.00	53.00	53.00	52.00	53.00	53.00
LT Debt, Non Current	-5.3%	2,814	2,970	3,098	3,240	3,242	3,099	3,302	3,378	3,315	3,323	1,615	1,516	2,336	2,316	2,185	2,238	904	917	914	952	956
Shareholder's Equity	-17.2%	18,902	22,832	27,110	33,736	28,383	28,962	36,450	45,995	59,535	69,005	20,874	32,825	45,035	31,593	35,452	38,464	36,316	39,283	6,819	2,626	3,302
Retained Earnings	-2.5%	-171,878	-167,634	-162,884	-155,883	-161,307	-160,294	-152,588	-134,582	-120,309	-110,211	-101,819	-89,661	-76,468	-62,297	-57,169	-53,317	-49,559	-45,708	-42,366	-38,811	-31,256
Additional Paid-In Capital	0.2%	171,510	171,113	170,725	170,370	170,175	169,301	158,863	150,397	149,735	149,008	113,663	113,663	112,113	84,173	83,307	82,379	75,291	74,414	46,536	38,966	34,127
Shares Outstanding	-100.0%	-	47,521,187	47,521,587	-	47,440	47,401	47,401	47,388	47,388	47,160	42,433	42,414	41,716	39,928	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	103,490	-	-	-	172,941	-	-	-	187,211	-	-	-	230,397	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	32.1%	-3,745	-5,513	-5,504	-9,879	-5,604	-7,759	-11,649	-7,732	-10,429	-9,994	-12,405	-7,946	-7,088	-2,477	-4,977	-2,272	-1,584	-3,148	-2,087	-2,107	-1,546
Share Based Compensation	2.3%	397	388	355	117	874	629	8,466	701	642	704	15.00	900	345	866	1,012	859	327	803	931	823	971
Cashflow From Investing	94.9%	-163	-3,168	-2,122	14,284	8,465	-1,474	4.00	-2,162	-268	-182	-4,919	-590	846	-2,043	-1,188	-796	-807	-829	-955	-522	-418
Cashflow From Financing	6.3%	-15.00	-16.00	-16.00	1,012	-	-	-	-920	-39.22	57,969	-14.50	-17.80	26,643	-14.14	-12.69	1,335	-13.18	34,887	4,254	4,817	2,537

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LOOP Income Statement

2023-11-30

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Nov. 30, 2023	Nov. 30, 2022	Nov. 30, 2023	Nov. 30, 2022
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
Revenue from contracts with customers	$ 26	$ 25	$ 108	$ 160
Expenses :
Research and development (Note 13)	1,833	4,582	8,361	15,133
General and administrative (Note 14)	2,458	3,183	7,767	18,230
Depreciation and amortization (Notes 6 and 7)	131	134	400	411
Total expenses	4,422	7,899	16,528	33,774
Other (income) loss :
Gain on disposition of assets (Note 6)	0	(6,704)	0	(6,704)
Interest and other financial expenses	42	54	140	139
Interest income	(166)	(13)	(484)	(36)
Foreign exchange gain	(28)	(198)	(81)	(289)
Total other (income) loss	(152)	(6,861)	(425)	(6,890)
Net loss	(4,244)	(1,013)	(15,995)	(26,724)
Foreign currency translation adjustment	(83)	(440)	21	(857)
Comprehensive loss	$ (4,327)	$ (1,453)	$ (15,974)	$ (27,581)
Net loss per share
Basic and diluted	$ (0.09)	$ (0.02)	$ (0.34)	$ (0.56)
Weighted average common shares outstanding
Basic and diluted	47,523,817	47,416,340	47,520,356	47,405,801

LOOP Balance Sheet

2023-11-30

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Nov. 30, 2023	Feb. 28, 2023
Current assets
Cash and cash equivalents	$ 9,366	$ 29,591
Restricted cash	1,000	1,000
Sales tax, tax credits and other receivables (Note 3)	411	1,075
Inventories (Note 4)	937	727
Deposits on equipment (Note 5)	8,460	3,395
Prepaid expenses and other deposits (Note 5)	470	636
Total current assets	20,644	36,424
Investment in joint venture	381	381
Property, plant and equipment, net (Note 6)	2,267	2,545
Intangible assets, net (Note 7)	1,485	1,210
Total assets	24,777	40,560
Current liabilities
Accounts payable and accrued liabilities (Note 9)	1,560	2,510
Customer deposits	1,000	1,012
Current portion of long-term debt (Note 10)	501	62
Total current liabilities	3,061	3,584
Long-term debt (Note 10)	2,814	3,240
Total liabilities	5,875	6,824
Stockholders' Equity
Series A Preferred stock par value $0.0001; 25,000,000 shares authorized; one share issued and outstanding	0	0
Common stock par value $0.0001; 250,000,000 shares authorized; 47,528,908 shares issued and outstanding (February 28, 2023 - 47,469,224) (Note 12)	5	5
Additional paid-in capital	171,510	170,370
Additional paid-in capital - Warrants	20,385	20,385
Accumulated deficit	(171,878)	(155,883)
Accumulated other comprehensive loss	(1,120)	(1,141)
Total stockholders' equity	18,902	33,736
Total liabilities and stockholders' equity	$ 24,777	$ 40,560

About Loop Industries Inc

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 fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.

CEO	Mr. Daniel Solomita
WEBSITE	loopindustries.com
INDUSTRY	Chemicals
EMPLOYEES	73

Loop Industries Inc Frequently Asked Questions

What is the ticker symbol for Loop Industries Inc? What does LOOP stand for in stocks?

LOOP is the stock ticker symbol of Loop Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Loop Industries Inc (LOOP)?

As of Tue May 07 2024, market cap of Loop Industries Inc is 135.46 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of LOOP stock?

You can check LOOP's fair value in chart for subscribers.

What is the fair value of LOOP stock?

You can check LOOP's fair value in chart for subscribers. The fair value of Loop Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Loop Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for LOOP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Loop Industries Inc a good stock to buy?

The fair value guage provides a quick view whether LOOP is over valued or under valued. Whether Loop Industries Inc is cheap or expensive depends on the assumptions which impact Loop Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for LOOP.

What is Loop Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, LOOP's PE ratio (Price to Earnings) is -12.81 and Price to Sales (PS) ratio is 421.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. LOOP PE ratio will change depending on the future growth rate expectations of investors.