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Progressive Planet Solutions Inc (TSE:PLAN)
:PLAN

Progressive Planet Solutions Inc (PLAN) AI Stock Analysis

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Progressive Planet Solutions Inc

(PLAN)

71Outperform
Progressive Planet Solutions Inc's overall stock score reflects a solid financial performance underpinned by strong revenue growth and cash flow management, despite higher liabilities. The technical outlook is neutral, with potential for future momentum. Valuation is fair. Positive corporate events, particularly in low-carbon initiatives, bolster the stock's future prospects.

Progressive Planet Solutions Inc (PLAN) vs. S&P 500 (SPY)

Progressive Planet Solutions Inc Business Overview & Revenue Model

Company DescriptionProgressive 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 MoneyProgressive Planet Solutions Inc. generates revenue through the sale of its sustainable construction materials and technologies. The company's key revenue streams include the commercialization of eco-friendly cement and concrete products, which provide a lower carbon footprint alternative to conventional materials. Additionally, PLAN collaborates with industry partners and engages in strategic partnerships that expand its market reach and enhance its product offerings. These collaborations often involve joint ventures in research and development to innovate and scale up production of their green technologies, further driving their revenue growth.

Progressive Planet Solutions Inc Financial Statement Overview

Summary
Progressive Planet Solutions Inc shows strong financial performance with a profitability shift, improved EBIT and EBITDA margins, and robust cash generation. However, moderate leverage and past high liabilities require monitoring.
Income Statement
78
Positive
Progressive Planet Solutions Inc has shown significant improvement in its financial performance over the years. The TTM gross profit margin stands at 34.9%, indicating strong production efficiency. The company has turned profitable with a net profit margin of 6.6% in the TTM, a positive shift from previous losses. Revenue growth has been substantial from 2022 to 2023, but a slight decline is noted in the TTM compared to the annual report. EBIT and EBITDA margins have improved significantly, reflecting better cost management and operational efficiency.
Balance Sheet
65
Positive
The balance sheet indicates a moderate level of financial health. The debt-to-equity ratio is 0.59, showing manageable leverage, but the industry typically favors stronger equity positions. Return on equity has improved to 9.3%, showcasing better profitability returns for shareholders. The equity ratio is at 52.4%, suggesting a reasonable level of asset financing through equity. However, past high liabilities highlight the need to monitor leverage closely.
Cash Flow
82
Very Positive
The cash flow statement reflects a robust cash generation capability with an excellent free cash flow growth rate. Operating cash flow exceeded net income in the TTM, illustrating strong cash efficiency. The free cash flow to net income ratio is favorable, indicating that the company can effectively convert its profits into cash, supporting investment and debt servicing.
Breakdown
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
19.63M19.54M3.83M0.000.00
Gross Profit
6.01M5.13M484.33K-151.73K-50.70K
EBIT
678.03K-1.14M-4.51M-2.65M-778.08K
EBITDA
1.36M308.26K-2.86M-2.21M-1.66M
Net Income Common Stockholders
-392.83K-1.16M-3.29M-2.39M-1.72M
Balance SheetCash, Cash Equivalents and Short-Term Investments
1.69M704.55K1.77M1.34M239.25K
Total Assets
26.31M26.83M28.40M4.26M1.82M
Total Debt
9.07M9.21M12.68M425.81K189.40K
Net Debt
8.39M8.51M10.91M-912.77K88.14K
Total Liabilities
13.31M14.08M18.53M678.70K373.55K
Stockholders Equity
13.00M12.75M9.87M3.58M1.44M
Cash FlowFree Cash Flow
1.74M-170.99K-2.71M-1.91M-833.18K
Operating Cash Flow
2.57M1.61M-2.19M-899.47K-600.20K
Investing Cash Flow
-586.95K-1.65M-11.49M-887.81K-53.15K
Financing Cash Flow
-1.00M-1.03M14.11M3.02M502.22K

Progressive Planet Solutions Inc Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.15
Price Trends
50DMA
0.15
Negative
100DMA
0.16
Negative
200DMA
0.14
Positive
Market Momentum
MACD
<0.01
Negative
RSI
46.75
Neutral
STOCH
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PLAN, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.15, below the 50-day MA of 0.15, and above the 200-day MA of 0.14, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 46.75 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:PLAN.

Progressive Planet Solutions Inc Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
C$16.46M16.137.85%-1.12%
60
Neutral
$2.78B11.390.16%8531.54%5.92%-14.67%
TSFNC
54
Neutral
C$18.07M3.3310.15%
TSGMA
51
Neutral
C$20.08M-65.04%-89.84%-16.41%
TSVOY
48
Neutral
C$19.53M22.93%
TSABR
39
Underperform
C$18.99M-2.11%85.65%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:PLAN
Progressive Planet Solutions Inc
0.15
0.03
25.00%
AVLNF
Avalon Advanced Materials
0.02
-0.03
-60.00%
TSE:VOY
Voyageur Mineral Explorers
0.59
0.16
37.21%
TSE:FNC
Fancamp Exploration
0.08
<0.01
14.29%
TSE:GMA
Geomega Resources
0.14
0.03
27.27%
TSE:ABR
Arbor Metals
0.23
-0.35
-60.34%

Progressive Planet Solutions Inc Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Progressive Planet Secures $1.14 Million for Low-Carbon Cement Pilot Plant
Positive
Mar 26, 2025

Progressive Planet Solutions Inc. has secured a $1.14 million grant from the British Columbia Innovative Clean Energy Fund to advance its PozGlass™ pilot plant, which aims to reduce the carbon footprint of cement production by transforming post-consumer glass into a supplementary cementitious material. This funding, along with a strategic partnership with Lafarge Canada, positions Progressive Planet to capitalize on the growing low-carbon cement market, which is projected to triple by 2034, and supports the company’s mission to scale its innovative solution for significant emissions reductions.

DividendsBusiness Operations and StrategyFinancial Disclosures
Headwater Exploration Inc. Reports Strong 2024 Financial Performance
Positive
Mar 13, 2025

Headwater Exploration Inc., a company engaged in the exploration and production of oil and gas, has reported its financial and operational results for the year ending December 31, 2024. The company experienced a notable increase in sales and net income compared to the previous year, with sales net of blending rising by 23% and net income increasing by 20%. Despite a slight decrease in cash flows from operating activities, Headwater maintained its dividend payout and reported an 8% increase in average daily production. These results underscore the company’s stable financial performance and its ability to sustain shareholder returns while navigating market fluctuations.

Private Placements and FinancingBusiness Operations and Strategy
Progressive Planet Secures $4.6 Million for Low-Carbon Cement Innovation
Positive
Mar 5, 2025

Progressive Planet Solutions Inc has secured up to $4.6 million in non-dilutive funding from Sustainable Development Technology Canada to build a pilot plant for PozGlass™ in Kamloops, BC. This investment marks a significant step in decarbonizing the construction industry by reducing reliance on carbon-intensive clinker and diverting waste glass from landfills. The collaboration with Lafarge Canada, which has agreed to purchase all PozGlass™ produced by the pilot plant, underscores the potential impact of this innovation on the cement industry.

Business Operations and Strategy
Progressive Planet Embarks on Plant Modernization with Robotics Investment
Positive
Feb 27, 2025

Progressive Planet Solutions Inc. has initiated a modernization project for its plant operations, investing in robotics to enhance efficiency and productivity. The company recently upgraded its legacy PLC system, laying the groundwork for integrating new robotics into its two largest production lines by September 2025. This move is expected to significantly improve throughput and packaging speed, allowing simultaneous operation of its animal care and powder product lines. The investment is part of Progressive Planet’s strategy to remain competitive and position itself for long-term growth by adopting advanced technologies.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.