purecycle technologies’ process offers the only recycled polypropylene with properties equal to virgin polymer. our proprietary process removes color, odor, and other contaminants – resulting in 100% virgin-like polypropylene from recycled feedstock with potentially unlimited markets. we enable the use of recycled content in your applications without trade-offs.
Company profile
Ticker
PCT, PCTTU, PCTTW
Exchange
Website
CEO
Dustin Olson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
DuPont de Nemours • Eastman Chemical • Dow • Albemarle • Hexion • Avient • Trinseo • Hexcel • Kraton • AdvanSix ...
Former names
Roth CH Acquisition I Co. Parent Corp.
SEC CIK
Corporate docs
Subsidiaries
PureCycle Technologies Holdings Corp. • PureCycle Technologies LLC • PureCycle Managed Services, LLC • PCTO Holdco, LLC • PureCycle: Ohio, LLC • PureCycle Technologies Holdings II Corp. • PureCycle Augusta, LLC • PureCycle PreP, LLC • PureCycle Belgium, BV ...
PCT stock data
Latest filings (excl ownership)
8-K
Scheduled Operational Pause at Ironton Purification Facility to Begin In April
28 Mar 24
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
8-K
Entry into a Material Definitive Agreement
25 Mar 24
8-K
Regulation FD Disclosure
7 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
PureCycle Technologies Fourth Quarter and Fiscal Year Ending 2023 Update
5 Mar 24
NT 10-K
Notice of late annual filing
29 Feb 24
8-K
Purchase Agreement and Consent
23 Feb 24
Transcripts
PCT
Earnings call transcript
2023 Q4
6 Mar 24
PCT
Earnings call transcript
2023 Q3
8 Nov 23
PCT
Earnings call transcript
2023 Q2
9 Aug 23
PCT
Earnings call transcript
2023 Q1
9 May 23
PCT
Earnings call transcript
2022 Q4
16 Mar 23
PCT
Earnings call transcript
2022 Q3
11 Nov 22
PCT
Earnings call transcript
2022 Q2
12 Aug 22
PCT
Earnings call transcript
2022 Q1
12 May 22
PCT
Earnings call transcript
2021 Q4
9 Mar 22
PCT
Earnings call transcript
2021 Q3
11 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | |
---|---|---|---|
Revenue | |||
Cost of revenue | |||
Operating income | |||
Operating margin | |||
Net income | |||
Net profit margin | |||
Cash on hand | |||
Change in cash | |||
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) | 384.14 mm | 384.14 mm | 384.14 mm | 384.14 mm | 384.14 mm | 384.14 mm |
Cash burn (monthly) | (no burn) | (no burn) | 11.75 mm | 8.86 mm | 6.97 mm | 6.39 mm |
Cash used (since last report) | n/a | n/a | 78.54 mm | 59.22 mm | 46.59 mm | 42.70 mm |
Cash remaining | n/a | n/a | 305.60 mm | 324.91 mm | 337.55 mm | 341.44 mm |
Runway (months of cash) | n/a | n/a | 26.0 | 36.7 | 48.4 | 53.5 |
Institutional ownership, Q3 2023
31.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 12 |
Opened positions | 4 |
Closed positions | 176 |
Increased positions | 1 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 272.86 mm |
Total shares | 51.55 mm |
Total puts | 2.21 mm |
Total calls | 0.00 |
Total put/call ratio | Infinity |
Largest owners | Shares | Value |
---|---|---|
Sylebra Capital | 30.05 mm | $272.86 mm |
SK global chemical | 11.79 mm | $0.00 |
Pure Crown | 9.72 mm | $0.00 |
JPM JPMorgan Chase & Co. | 0.00 | $0.00 |
Proequities | 0.00 | $0.00 |
Highbridge Capital Management | 0.00 | $0.00 |
Group One Trading | 0.00 | $0.00 |
Simplex Trading | 0.00 | $0.00 |
Aristides Capital | 0.00 | $0.00 |
Jane Street | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Apr 24 | Dustin Olson | Common Stock | Payment of exercise | Dispose F | No | No | 5.68 | 727 | 4.13 k | 1,073,733 |
22 Mar 24 | Melissa Westerman | Common Stock | Payment of exercise | Dispose F | No | No | 6.07 | 1,200 | 7.28 k | 108,544 |
22 Mar 24 | Dustin Olson | Common Stock | Payment of exercise | Dispose F | No | No | 6.07 | 16,019 | 97.24 k | 1,074,460 |
22 Mar 24 | Kalter Brad | Common Stock | Payment of exercise | Dispose F | No | No | 6.07 | 4,939 | 29.98 k | 240,274 |
8 Mar 24 | Fernando Musa | Common Stock | Buy | Acquire P | Yes | No | 5.46 | 18,303 | 99.93 k | 68,413 |
News
Insiders Buying Walgreens And 2 Other Stocks
3 Apr 24
PureCycle Says Flagship Purification Facility In Ironton, Ohio Will Begin Scheduled Operational Pause On April 1, 2024, Expected To Last Approximately 2-4 Weeks
28 Mar 24
Smith & Wesson Brands Reports Upbeat Earnings, Joins America's Car-Mart, HCI Group And Other Big Stocks Moving Higher On Friday
8 Mar 24
Why United Natural Foods Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
6 Mar 24
Earnings Scheduled For March 6, 2024
6 Mar 24
Press releases
PureCycle Reschedules Fourth Quarter 2023 Corporate Update to March 6
27 Feb 24
PureCycle Schedules Fourth Quarter 2023 Corporate Update
7 Feb 24
PureCycle Provides Notice of Agreement in Principle to Purchase Ironton Bonds
5 Feb 24
Innventure LLC and Learn CW Investment Corporation Announce Filing of Registration Statement on Form S-4 in Connection With Proposed Business Combination
29 Jan 24