Progressive Planet Solutions Inc (TSE:PLAN)
:PLAN
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Progressive Planet Solutions Inc
(PLAN)
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Rating:61Neutral
Price Target:
C$0.39
▲(14.71% Upside)
Action:DowngradedDate:03/14/26
The score is driven primarily by improved financial performance (profitability inflection and sharply reduced debt), tempered by unstable cash conversion with negative free cash flow. Technical signals are currently soft (negative MACD, sub-50 RSI, below the 50-day average), while valuation is supportive with a low P/E.
Positive Factors
Profitability turnaround
The company moved from sizable losses in 2022–2024 to solid profitability in 2025 and an even stronger TTM. This persistent earnings improvement indicates product-market traction and margin recovery, providing a more durable earnings base for reinvestment and debt repayment.
Negative Factors
Negative free cash flow
Sharp swing to negative free cash flow indicates cash is being absorbed by reinvestment or working-capital drag. Persistently negative FCF limits internal funding for growth or debt paydown and increases reliance on external financing, raising structural liquidity risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability turnaround
The company moved from sizable losses in 2022–2024 to solid profitability in 2025 and an even stronger TTM. This persistent earnings improvement indicates product-market traction and margin recovery, providing a more durable earnings base for reinvestment and debt repayment.
Read all positive factors
Progressive Planet Solutions Inc (PLAN) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$40.76M
Dividend YieldN/A
Average Volume (3M)126.53K
Price to Earnings (P/E)―
Beta (1Y)0.21
Revenue Growth4.44%
EPS Growth156.52%
CountryCA
Employees9
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding110,151,940
10 Day Avg. Volume112,227
30 Day Avg. Volume126,525
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.27
Price to Sales (P/S)0.94
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 m...
How the Company Makes Money
null...
Progressive Planet Solutions Inc Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
68
Positive
Cash Flow
54
Neutral
| Breakdown | TTM | Jul 2025 | Jul 2023 | Jul 2022 | Jul 2021 | Apr 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.29M | 19.52M | 19.63M | 19.54M | 0.00 | 0.00 |
| Gross Profit | 7.19M | 6.06M | 6.01M | 5.13M | -152.00K | -50.70K |
| EBITDA | 4.46M | 3.22M | 1.35M | 308.26K | -2.50M | -727.00K |
| Net Income | 2.06M | 1.67M | -393.00K | -1.16M | -2.39M | -1.72M |
Balance Sheet | ||||||
| Total Assets | 27.60M | 27.98M | 26.31M | 26.83M | 4.26M | 1.82M |
| Cash, Cash Equivalents and Short-Term Investments | 2.15M | 5.43M | 1.69M | 704.55K | 1.34M | 239.25K |
| Total Debt | 7.41M | 7.84M | 9.07M | 9.21M | 425.81K | 189.40K |
| Total Liabilities | 11.70M | 13.60M | 13.31M | 14.08M | 678.70K | 373.55K |
| Stockholders Equity | 15.90M | 14.38M | 13.00M | 12.75M | 3.58M | 1.44M |
Cash Flow | ||||||
| Free Cash Flow | -1.90M | 4.06M | 1.74M | -170.99K | -1.91M | -833.18K |
| Operating Cash Flow | 3.56M | 5.10M | 2.57M | 1.61M | -899.47K | -600.20K |
| Investing Cash Flow | -5.31M | -93.28K | -586.95K | -1.65M | -887.81K | -53.15K |
| Financing Cash Flow | -929.56K | -1.26M | -1.00M | -1.03M | 3.02M | 502.22K |
Progressive Planet Solutions Inc Technical Analysis
Positive
0.34
Price Trends
0.33
Positive
0.33
Positive
0.30
Positive
Market Momentum
<0.01
Negative
66.24
Neutral
72.78
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 above the 20-day moving average (MA) of 0.32, above the 50-day MA of 0.33, and above the 200-day MA of 0.30, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 66.24 is Neutral, neither overbought nor oversold. The STOCH value of 72.78 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
61 Neutral | C$40.76M | -9.85 | 12.97% | ― | 4.44% | 156.52% | |
53 Neutral | C$39.53M | -14.37 | -123.28% | ― | ― | -692.49% | |
50 Neutral | C$65.36M | -15.22 | -29.75% | ― | ― | 35.92% | |
49 Neutral | C$25.15M | -2.15 | -27.31% | ― | ― | 41.07% | |
45 Neutral | C$26.80M | -47.45 | -194.10% | ― | ― | 78.09% | |
42 Neutral | C$40.06M | -15.55 | -16.33% | ― | ― | -64.76% |
* Basic Materials Sector Average
TSE:PLAN
Progressive Planet Solutions Inc
0.37
0.21
131.25%
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Giyani Gold
0.08
<0.01
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TSE:LBNK
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Progressive Planet Solutions Inc Corporate Events
Business Operations and StrategyFinancial Disclosures
Progressive Planet Lifts Orders to Record High and Expands Capacity as Alberta Lab Lands First Client
Positive
Apr 9, 2026
Progressive Planet reported that its Progressive Planet Products division recorded its highest-ever monthly purchase orders in March 2026, surpassing $3 million and topping the previous record set in October 2025. The surge in demand spans multipl...
Business Operations and StrategyFinancial Disclosures
Progressive Planet Posts Record Q3 Revenue but Takes One-Time Charges to Fund Growth
Positive
Mar 12, 2026
Progressive Planet reported record third-quarter revenue of $5.82 million, up 22% year over year, and a 47% increase in gross profit with margins rising to 34%, marking its strongest Q3 since acquiring Absorbent Products. Despite a swing to negati...
Business Operations and StrategyProduct-Related Announcements
Progressive Planet Unveils Low-Carbon LCD Cement and Expands R&D Capabilities
Positive
Mar 10, 2026
Progressive Planet has developed Planet LCD Cement, a new limestone-calcined diatomite cement that replaces up to 50% of Portland cement while meeting ASTM C618 compressive strength standards. Using abundant and low-cost waste diatomaceous earth i...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.