Loop Industries Overview

  • Year Founded
  • 2010

Year Founded

  • Status
  • Public

  • Employees
  • 50

Employees

  • Stock Symbol
  • LOOP

Stock Symbol

  • Investments
  • 9

  • Share Price
  • $1.10
  • (As of Tuesday Closing)

Loop Industries General Information

Description

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

Contact Information

Formerly Known As
First American Group Inc.
Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 480 Fernand Poitras Street
  • Suite 132
  • Terrebonne, Quebec J6Y 1Y4
  • Canada
+1 (450)
Primary Industry
Plastic Containers and Packaging
Other Industries
Other Commercial Products
Stock Exchange
NAS
Vertical(s)
CleanTech, Manufacturing, TMT
Corporate Office
  • 480 Fernand Poitras Street
  • Suite 132
  • Terrebonne, Quebec J6Y 1Y4
  • Canada
+1 (450)

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Loop Industries Stock Performance

As of 11-Feb-2025, Loop Industries’s stock price is $1.10. Its current market cap is $52.4M with 47.6M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$1.10 $1.14 $0.96 - $3.45 $52.4M 47.6M 1.58M -$0.56

Loop Industries Financials Summary

As of 30-Nov-2024, Loop Industries has a trailing 12-month revenue of $126K.

In Thousands,
USD
TTM 30-Nov-2024 FY 2024 29-Feb-2024 FY 2023 28-Feb-2023 FY 2022 28-Feb-2022
EV 73,975 143,190 105,184 278,218
Revenue 126 153 173 0
EBITDA (26,416) (20,947) (20,636) (44,271)
Net Income (27,032) (21,087) (21,301) (44,921)
Total Assets 4,679 20,553 40,560 59,220
Total Debt 5,558 3,320 3,302 3,378
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Loop Industries Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Loop Industries Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustai
Plastic Containers and Packaging
Terrebonne, Canada
50 As of 2024

Kleinostheim, Germany
 

Tigard, OR
 
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Loop Industries Competitors (2)

One of Loop Industries’s 2 competitors is Revalyu Resources, a Formerly VC-backed company based in Kleinostheim, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Revalyu Resources Formerly VC-backed Kleinostheim, Germany
Agilyx Formerly PE-Backed Tigard, OR
You’re viewing 2 of 2 competitors. Get the full list »

Loop Industries Patents

Loop Industries Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-2991515-C Polyethylene terephthalate depolymerization Active 09-Jul-2015
JP-2021073332-A Polyethylene terephthalate depolymerization Active 09-Jul-2015
US-20170008826-A1 Polyethylene terephthalate depolymerization Active 09-Jul-2015
US-10640442-B2 Polyethylene terephthalate depolymerization Active 09-Jul-2015
EP-3320033-A1 Polyethylene terephthalate depolymerization Active 09-Jul-2015 C07C51/09
To view Loop Industries’s complete patent history, request access »

Loop Industries Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Loop Industries Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Loop Industries Investments & Acquisitions (9)

Loop Industries’s most recent deal was a Joint Venture with Joint Venture (Ester Industries / Loop Industries). The deal was made on 02-May-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Joint Venture (Ester Industries / Loop Industries) 02-May-2024 Joint Venture Other Energy
Infinite Loop (Loop Industries / Reed Management) 16-Jan-2024 Joint Venture Other Financial Services
Joint Venture (Loop Industries/ SK Geo Centric) 02-May-2023 Joint Venture Other Commercial Services
Joint Venture (SK Geocentric / Suez / Loop Industries) 07-Jun-2022 Joint Venture Environmental Services (B2B)
Recycled PET Plastic Joint venture (Loop Industries / SK Global Chemical) 23-Jun-2021 Joint Venture Environmental Services (B2B)
You’re viewing 5 of 9 investments and acquisitions. Get the full list »

Loop Industries FAQs

  • When was Loop Industries founded?

    Loop Industries was founded in 2010.

  • Where is Loop Industries headquartered?

    Loop Industries is headquartered in Terrebonne, Canada.

  • What is the size of Loop Industries?

    Loop Industries has 50 total employees.

  • What industry is Loop Industries in?

    Loop Industries’s primary industry is Plastic Containers and Packaging.

  • Is Loop Industries a private or public company?

    Loop Industries is a Public company.

  • What is Loop Industries’s stock symbol?

    The ticker symbol for Loop Industries is LOOP.

  • What is the current stock price of Loop Industries?

    As of 11-Feb-2025 the stock price of Loop Industries is $1.10.

  • What is the current market cap of Loop Industries?

    The current market capitalization of Loop Industries is $52.4M.

  • What is Loop Industries’s current revenue?

    The trailing twelve month revenue for Loop Industries is $126K.

  • Who are Loop Industries’s competitors?

    Revalyu Resources and Agilyx are competitors of Loop Industries.

  • What is Loop Industries’s annual earnings per share (EPS)?

    Loop Industries’s EPS for 12 months was -$0.56.

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