loop industries is an environmentally responsible manufacturer of pta (purified terephthalic acid) and eg (ethylene glycol), the two fundamental monomers used in the production of the polymer pet (polyethylene terephthalate)
Company profile
Ticker
LOOP
Exchange
Website
CEO
Daniel Solomita
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Huntsman • Chemours • FMC • Ecovyst • Olin • Perimeter Solutions • GCP Applied • Innospec • Ingevity • Livent ...
Former names
FIRST AMERICAN GROUP INC.
SEC CIK
LOOP stock data
Latest filings (excl ownership)
8-K
LOOP INDUSTRIES reports third quarter fiscal 2024 results and provides updates on business developments
17 Jan 24
10-Q
2024 Q3
Quarterly report
16 Jan 24
8-K
Loop Industries Reports Second Quarter Fiscal 2024 Results and Provides Updates on Business Developments
16 Oct 23
10-Q
2024 Q2
Quarterly report
16 Oct 23
10-Q
2023 Q1
Quarterly report
12 Jul 23
8-K
Loop Industries Reports First Quarter Fiscal 2024 Results
12 Jul 23
8-K
Submission of Matters to a Vote of Security Holders
3 Jul 23
ARS
2023 FY
Annual report to shareholders
18 May 23
DEFA14A
Additional proxy soliciting materials
18 May 23
DEF 14A
Definitive proxy
18 May 23
Transcripts
LOOP
Earnings call transcript
2024 Q3
17 Jan 24
LOOP
Earnings call transcript
2024 Q2
16 Oct 23
LOOP
Earnings call transcript
2024 Q1
13 Jul 23
LOOP
Earnings call transcript
2023 Q4
19 May 23
LOOP
Earnings call transcript
2023 Q3
13 Jan 23
LOOP
Earnings call transcript
2023 Q1
14 Jul 22
LOOP
Earnings call transcript
2022 Q3
12 Jan 22
Latest ownership filings
Financial summary
Quarter (USD) | Nov 23 | Aug 23 | May 23 | Feb 23 | |
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Diluted EPS |
Annual (USD) | Feb 23 | Feb 22 | Feb 21 | Feb 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.37 mm | 10.37 mm | 10.37 mm | 10.37 mm | 10.37 mm | 10.37 mm |
Cash burn (monthly) | 1.33 mm | 1.27 mm | 1.47 mm | 1.75 mm | 1.25 mm | 2.05 mm |
Cash used (since last report) | 5.29 mm | 5.04 mm | 5.81 mm | 6.93 mm | 4.95 mm | 8.14 mm |
Cash remaining | 5.08 mm | 5.32 mm | 4.56 mm | 3.44 mm | 5.42 mm | 2.22 mm |
Runway (months of cash) | 3.8 | 4.2 | 3.1 | 2.0 | 4.3 | 1.1 |
Institutional ownership, Q2 2023
31.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 34 |
Opened positions | 2 |
Closed positions | 2 |
Increased positions | 6 |
Reduced positions | 9 |
13F shares | Current |
---|---|
Total value | 7.33 bn |
Total shares | 15.15 mm |
Total puts | 400.00 |
Total calls | 1.70 k |
Total put/call ratio | 0.2 |
Largest owners | Shares | Value |
---|---|---|
Lapham Andrew | 8.15 mm | $64.44 mm |
SK global chemical | 4.71 mm | $51.34 mm |
Candriam Luxembourg S.C.A. | 413.33 k | $1.33 bn |
Vanguard | 342.11 k | $1.10 bn |
CI Private Wealth | 243.33 k | $781.08 mm |
Jackson Hole Capital Partners | 238.50 k | $767.97 mm |
BLK Blackrock | 219.81 k | $705.57 mm |
Geode Capital Management | 216.60 k | $697.46 mm |
Millennium Management | 102.42 k | $329.81 mm |
Bridgeway Capital Management | 99.40 k | $320.07 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
28 Jun 23 | Stubina Jay Howard | Common Stock | Grant | Acquire A | No | No | 0 | 28,841 | 0.00 | 104,692 |
28 Jun 23 | Sellyn Laurence G. | Common Stock | Grant | Acquire A | No | No | 0 | 28,841 | 0.00 | 131,827 |
28 Jun 23 | Lapham Andrew | Common Stock | Grant | Acquire A | No | No | 0 | 28,841 | 0.00 | 81,518 |
28 Jun 23 | Louise S Sams | Common Stock | Grant | Acquire A | No | No | 0 | 28,841 | 0.00 | 56,192 |
19 Apr 23 | Stephen Champagne | Stock Options Common Stock | Grant | Acquire A | No | No | 3.11 | 240,000 | 746.40 k | 240,000 |
Press releases
Loop Industries to Present at The 36th Annual Roth Conference
15 Feb 24
Loop Industries and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024
24 Jan 24
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
16 Jan 24
Loop Industries Reports Third Quarter Fiscal 2024 Results and Provides Updates on Business Developments
16 Jan 24