Progressive Planet Solutions Inc (PLAN) AI Stock Analysis

• Market Cap: C$42.81M
• Dividend Yield: N/A
• Average Volume (3M): 126.53K
• Price to Earnings (P/E): 13.2
• Beta (1Y): 0.25
• Revenue Growth: 4.44%
• EPS Growth: 156.52%
• Country: US
• 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$0.44 ▲(28.53% Upside)

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

Improving Profitability

A sustained jump in net and gross margins signals durable operational improvements and pricing or cost advantages. Higher margins enhance retained earnings, fund reinvestment or debt reduction, and provide cushion versus cyclical demand swings, supporting long-term financial resilience.

Healthier Capital Structure

A lower debt-to-equity and strong ROE reflect a more balanced capital base and efficient equity use. This reduces solvency risk, preserves financing optionality for capex or M&A, and supports sustainable growth without excessive leverage over the medium term.

Diversified Revenue Streams

Multiple revenue channels across agriculture, construction, water treatment and consulting reduce concentration risk and smooth demand cycles. Diverse end-markets and grant-funded R&D create durable avenues for adoption and commercialization over the coming months.

Negative Factors

Declining Revenue Trend

Negative top-line growth undermines scale economics and may erode the benefit of improved margins if persistent. Without reversal, weaker sales limit reinvestment capacity, hamper market share gains, and raise execution risk for longer-term expansion plans.

Weak Free Cash Flow Growth

Sharply negative FCF growth constrains internal funding for capex, commercialization, and working capital. Even with healthy operating cash to net income, falling free cash generation raises reliance on external financing and could delay strategic investments.

Revenue Volatility from Grants/Funding

Dependence on non-recurring grants and funding introduces earnings variability and can impede predictable cash flow. While useful for R&D, such funding is uncertain long term and may not translate to stable commercial revenues without sustained product adoption.

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	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	19.52M	19.63M	3.83M	19.54M	0.00
Gross Profit	6.06M	6.01M	484.33K	5.13M	-152.00K
EBITDA	3.22M	1.35M	-2.86M	308.26K	-2.50M
Net Income	1.67M	-393.00K	-3.29M	-1.16M	-2.39M
Balance Sheet
Total Assets	27.98M	26.31M	28.40M	26.83M	4.26M
Cash, Cash Equivalents and Short-Term Investments	5.43M	1.69M	1.77M	704.55K	1.34M
Total Debt	7.84M	9.07M	12.60M	9.21M	425.81K
Total Liabilities	13.60M	13.31M	18.53M	14.08M	678.70K
Stockholders Equity	14.38M	13.00M	9.87M	12.75M	3.58M
Cash Flow
Free Cash Flow	4.06M	1.74M	-2.71M	-170.99K	-1.91M
Operating Cash Flow	5.10M	2.57M	-2.19M	1.61M	-899.47K
Investing Cash Flow	-93.28K	-586.95K	-11.49M	-1.65M	-887.81K
Financing Cash Flow	-1.26M	-1.00M	14.11M	-1.03M	3.02M

Progressive Planet Solutions Inc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.34
• 50DMA: Positive
• 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 0.38, above the 50-day MA of 0.33, and above the 200-day MA of 0.25, indicating a bullish trend. The MACD of 0.02 indicates Positive momentum. The RSI at 58.45 is Neutral, neither overbought nor oversold. The STOCH value of 48.05 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$42.81M	13.22	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$36.06M	-12.12	-28.86%	―	―	35.92%
LBNK	50 Neutral	C$35.99M	-3.73	-122.87%	―	―	-692.49%
EMM	49 Neutral	C$36.88M	-5.56	-27.31%	―	―	41.07%
GRDM	48 Neutral	C$33.79M	-20.42	-194.10%	―	―	78.09%
FMS	36 Underperform	C$50.34M	-13.44	-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.