Progressive Planet Solutions Inc (PLAN) AI Stock Analysis

• Market Cap: C$36.22M
• Dividend Yield: N/A
• Average Volume (3M): 126.53K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 0.13
• Revenue Growth: 4.44%
• EPS Growth: 156.52%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): <0.01
• Shares Outstanding: 109,761,940
• 10 Day Avg. Volume: 112,227
• 30 Day Avg. Volume: 126,525
• PEG Ratio: -0.02
• Price to Book (P/B): 1.27
• Price to Sales (P/S): 0.94
• P/FCF Ratio: 4.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: C$0.41 ▲(21.76% Upside)
• Action: Reiterated Date: 12/21/25
• Date: Action: Reiterated 12/21/25

Progressive Planet Solutions Inc is on a positive trajectory with strong financial performance and technical indicators. The stock's valuation is reasonable, supporting its potential for growth. However, the company needs to address revenue and cash flow challenges to sustain long-term growth.

Positive Factors

Improved Profitability & Margins

Margin expansion — net profit margin roughly doubled and gross margin improved — reflects better pricing, cost control and operating leverage. These sustained margin gains increase durable cash generation and reinvestment capacity, supporting longer-term competitiveness.

Balanced Capital Structure & High ROE

A lower debt-to-equity ratio and strong ROE indicate efficient capital deployment with moderate leverage. This balance supports resilience to shocks, gives financial flexibility for strategic investments, and underpins sustainable shareholder returns.

Strong Operating Cash Conversion vs. Earnings

Operating cash generation well above net income shows the core business reliably converts profits to cash. That durability supports working capital needs and discretionary spending, helping fund operations and strategic initiatives without immediate external financing.

Negative Factors

Declining Revenue Trend

Negative TTM revenue growth signals shrinking top-line scale which can erode operating leverage and limit the ability to sustain investment in R&D, sales channels, or capacity. Without a reversal, revenue declines can pressure long-term growth and market positioning.

Steep Drop in Free Cash Flow Growth

A large contraction in FCF growth materially reduces internal funding for capex, new product development, and expansion. Persistently weak FCF growth increases reliance on external capital and can constrain strategic initiatives and balance sheet flexibility.

Low Free Cash Flow Conversion Ratio

Only ~31% of reported net income converting to free cash flow indicates limited cash left for reinvestment after operations and working capital. This weak conversion amplifies funding risk and may limit capacity to sustain capex, dividends, or rapid strategic moves.

Progressive Planet Solutions Inc Business Overview & Revenue Model

Company Description

Progressive Planet Solutions Inc., together with its subsidiaries, engages in the acquisition and exploration of mineral properties in Canada. It primarily explores for natural pozzolan deposits. The company holds 100% interest in the Z1 Zeolite mine located 3 kms northeast of Cache Creek, British Columbia; and the Z3 Heffley property situated in Heffley Creek, British Columbia. It also holds interests in Z2 Zeolite property located near Falkland, British Columbia. In addition, the company is involved in converting post-consumer glass into a low carbon cement; manufacture of mineral based products derived from diatomaceous earth, zeolite, and bentonite for use in agricultural, industrial, and consumer applications; and developing solutions for sequestering CO2 and minimizing the carbon footprint. Further, it manufactures industrial minerals, which include industrial absorbents under the CanDry brand; cat litters under the WunderCat brand for retailers; and animal husbandry/agtech products that neutralizes ammonia in chicken barns and enables the birds to breathe easier under the Activated Barn Fresh brand. Progressive Planet Solutions Inc. was incorporated in 2006 and is headquartered in Kamloops, Canada.

How the Company Makes Money

Progressive Planet Solutions Inc generates revenue through multiple streams, primarily by selling its eco-friendly products, including natural zeolite, to various markets such as agriculture, construction, and water treatment. The company also earns revenue from consulting services related to environmental solutions and sustainability practices. Key partnerships with agricultural producers, construction firms, and environmental agencies further enhance its revenue potential by expanding its market reach. Additionally, grants and funding for research and development in sustainable technologies may contribute to its earnings, particularly as demand for environmentally responsible solutions continues to grow.

Progressive Planet Solutions Inc Financial Statement Overview

Summary

Progressive Planet Solutions Inc demonstrates strong profitability and improved financial stability with enhanced margins and a healthier balance sheet. However, challenges remain with declining revenue growth and negative free cash flow growth, which could impact future expansion and investment capabilities.

Income Statement

Progressive Planet Solutions Inc has shown a strong improvement in profitability with a TTM net profit margin of 16.01%, up from 8.55% in the previous annual period. The gross profit margin has also improved to 32.38% TTM. However, the revenue growth rate is negative at -2.43% TTM, indicating a decline in sales. The EBIT and EBITDA margins have strengthened significantly, reflecting better operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.44 TTM, indicating a more balanced capital structure compared to previous periods. Return on equity is strong at 21.15% TTM, showcasing effective use of equity to generate profits. The equity ratio is stable, suggesting a solid asset base supported by equity.

Cash Flow

Operating cash flow to net income ratio is healthy at 2.10 TTM, indicating strong cash generation relative to profits. However, free cash flow growth is negative at -52.40% TTM, which could be a concern for future investments. The free cash flow to net income ratio is moderate at 0.31, suggesting some room for improvement in cash flow management.

Breakdown	TTM	Jul 2025	Jul 2023	Jul 2022	Jul 2021	Apr 2020
Income Statement
Total Revenue	20.26M	19.52M	19.63M	19.54M	0.00	0.00
Gross Profit	6.56M	6.06M	6.01M	5.13M	-152.00K	-50.70K
EBITDA	4.47M	3.22M	1.35M	308.26K	-2.50M	-727.00K
Net Income	3.24M	1.67M	-393.00K	-1.16M	-2.39M	-1.72M
Balance Sheet
Total Assets	28.24M	27.98M	26.31M	26.83M	4.26M	1.82M
Cash, Cash Equivalents and Short-Term Investments	2.78M	5.43M	1.69M	704.55K	1.34M	239.25K
Total Debt	7.39M	7.84M	9.07M	9.21M	425.81K	189.40K
Total Liabilities	11.35M	13.60M	13.31M	14.08M	678.70K	373.55K
Stockholders Equity	16.89M	14.38M	13.00M	12.75M	3.58M	1.44M
Cash Flow
Free Cash Flow	1.80M	4.06M	1.74M	-170.99K	-1.91M	-833.18K
Operating Cash Flow	5.76M	5.10M	2.57M	1.61M	-899.47K	-600.20K
Investing Cash Flow	-4.83M	-93.28K	-586.95K	-1.65M	-887.81K	-53.15K
Financing Cash Flow	-1.08M	-1.26M	-1.00M	-1.03M	3.02M	502.22K

Progressive Planet Solutions Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLAN, the sentiment is Positive. The current price of 0.34 is below the 20-day moving average (MA) of 0.34, below the 50-day MA of 0.36, and above the 200-day MA of 0.28, indicating a neutral trend. The MACD of -0.01 indicates Positive momentum. The RSI at 43.60 is Neutral, neither overbought nor oversold. The STOCH value of 26.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PLAN.

Progressive Planet Solutions Inc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PLAN	74 Outperform	C$36.22M	11.19	21.19%	―	4.44%	156.52%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
GSP	50 Neutral	C$54.09M	-18.18	-28.86%	―	―	35.92%
EMM	49 Neutral	C$28.50M	-4.29	-27.31%	―	―	41.07%
LBNK	49 Neutral	C$35.40M	-4.05	-122.87%	―	―	-692.49%
GRDM	45 Neutral	C$29.13M	-17.61	-194.10%	―	―	78.09%
FMS	42 Neutral	C$44.93M	-14.07	-16.33%	―	―	-64.76%

Progressive Planet Solutions Inc Corporate Events

Progressive Planet Lifts Q2 Profit, Grows Backlog as It Installs Robotic Palletizer and Exits Zeolite Lease

Progressive Planet reported a rise in second-quarter net income to $971,895 and a 60% increase in EBITDA to $1.45 million, despite a 9.2% year-over-year decline in Q2 revenue to $5.0 million, as a planned shutdown of three of four production lines for installation of a new robotic palletizer shifted some sales into the third quarter. The company ended the quarter with a 238% increase in order backlog to $1.39 million, driven in part by record October purchase orders exceeding $2.7 million and the introduction of two new Pure DE SKUs into the U.S. market, while noting agricultural sales rebounded strongly in Q3 and confirming no further shutdowns this quarter. Management also decided not to renew the lease on the Z1 Zeolite Quarry, citing superior assets acquired through recent transactions and signalling a strategic shift toward higher-quality resources; the move will trigger a $1.21 million asset write-down in Q3 but reflects an ongoing optimization of the company’s asset base and product mix.

The most recent analyst rating on (TSE:PLAN) stock is a Buy with a C$0.34 price target. To see the full list of analyst forecasts on Progressive Planet Solutions Inc stock, see the TSE:PLAN Stock Forecast page.

Progressive Planet Achieves Milestone with First PozGlass SCM Concrete Pour

Progressive Planet has successfully completed the first concrete pour using its PozGlass SCM, substituting 20% of Portland cement in the process. This milestone, supported by the National Research Council of Canada and the BC Innovative Clean Energy Fund, marks a significant step in British Columbia’s clean technology sector, showcasing the potential for collaboration between government, industry, and research to drive sustainable innovation.

The most recent analyst rating on (TSE:PLAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Progressive Planet Solutions Inc stock, see the TSE:PLAN Stock Forecast page.