Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Loop Industries (LOOP)
:LOOP
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
-0.07Last Year’s EPS
-0.11Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Jan 14, 2025
|% Change Since: 4.20%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Positive
The earnings call was generally positive, with significant milestones achieved such as the completion of the Reed transaction and progress in the India joint venture. However, there were some challenges, including the equipment write-down and the cancellation of the SK joint venture. Overall, the company is focusing on strategic partnerships and reducing operating costs.Company Guidance
During the Loop Industries Q3 2025 earnings call, significant guidance was provided regarding their strategic milestones and financial outlook. The key highlight included the completion of a EUR 20 million financing deal with Societe Generale, comprising EUR 10 million in convertible preferred securities. Additionally, they secured their first technology license sale to Societe Generale, which provides an initial EUR 10 million payment with two more milestone payments anticipated by the end of 2025 or 2026. Loop's CEO, Daniel Solomita, emphasized the strategy of licensing technology in high-cost manufacturing regions like Europe and parts of Asia, while focusing on low-cost regions such as India for capital investments. The India joint venture is progressing, with plans to break ground in Q2 2025, supported by a detailed project report and debt syndication by KPMG. On the financial front, Loop reported a 25% reduction in R&D costs to $1.38 million and a 13% decrease in G&A expenses to $2.15 million. The quarterly cash burn rate stood at $2.8 million, with full-year expenses projected to reduce to $10 million. The company also announced the termination of their joint venture with SK due to high costs, as they pivot towards licensing opportunities.Reed Transaction Finalized
Loop Industries finalized a EUR 20 million financing deal with Societe Generale, including a EUR 10 million convertible preferred security and the first technology license sale to Societe Generale for an Infinite Loop manufacturing facility in Europe.
India Joint Venture Progress
The India joint venture with Ester is progressing well, with land acquisition being finalized and plans to break ground in Q2 2025. The focus on polyester textile waste as feedstock aligns with circular fashion trends.
Reduction in Operating Expenses
Research and development costs decreased by 25% to $1.38 million, and G&A expenses reduced by 13% to $2.15 million, primarily due to lower insurance claims.
Introduction of Engineering Services Revenue Stream
Loop Industries has begun generating revenue from engineering services, providing engineering packages and services as part of its licensing strategy.
---
LOOP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
LOOP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 14, 2025 | $1.19 | $1.06 | -10.92% |
| Oct 15, 2024 | $1.89 | $1.45 | -23.28% |
| Jul 15, 2024 | $2.04 | $2.00 | -1.96% |
| May 29, 2024 | $2.52 | $2.51 | -0.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Loop Industries (LOOP) report earnings?
Loop Industries (LOOP) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Loop Industries (LOOP) earnings time?
Loop Industries (LOOP) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LOOP EPS forecast?
LOOP EPS forecast for the fiscal quarter 2025 (Q4) is -0.07.
---