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PyroGenesis Canada
(TSX:PYR)
PyroGenesis Canada (PYR) vs. iShares MSCI Canada ETF (EWC)
PyroGenesis Canada Business Overview & Revenue Model
PyroGenesis Canada Earnings Call Summary
PyroGenesis Canada Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 13.47M | 15.65M | 12.35M | 19.01M | 31.07M | 17.78M |
| Gross Profit | 4.99M | 5.30M | 3.44M | 8.14M | 12.43M | 10.30M |
| EBITDA | -6.56M | -5.99M | -25.57M | -29.55M | -36.80M | 42.68M |
| Net Income | -9.29M | -6.67M | -28.50M | -32.17M | -38.43M | 41.77M |
Balance Sheet | ||||||
| Total Assets | 18.94M | 29.20M | 28.44M | 47.67M | 69.77M | 74.53M |
| Cash, Cash Equivalents and Short-Term Investments | 100.35K | 2.98M | 1.80M | 3.45M | 12.20M | 18.10M |
| Total Debt | 8.29M | 9.01M | 9.20M | 6.92M | 5.51M | 3.10M |
| Total Liabilities | 29.81M | 32.66M | 31.26M | 30.80M | 29.00M | 15.11M |
| Stockholders Equity | -10.87M | -3.46M | -2.83M | 16.87M | 40.77M | 59.42M |
Cash Flow | ||||||
| Free Cash Flow | -3.04M | -2.45M | -12.12M | -11.82M | -19.86M | -1.63M |
| Operating Cash Flow | -2.66M | -2.10M | -12.05M | -11.13M | -18.11M | -814.99K |
| Investing Cash Flow | 2.14M | 1.66M | 3.05M | -368.18K | 2.72M | 4.93M |
| Financing Cash Flow | 528.18K | 1.52M | 7.37M | 2.64M | 9.47M | 13.98M |
PyroGenesis Canada Technical Analysis
PyroGenesis Canada Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | C$15.59M | -36.13 | -2.57% | ― | -1.50% | -180.73% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | C$20.08M | 15.01 | 3.19% | ― | 0.38% | ― | |
49 Neutral | C$45.62M | -89.53 | -14.33% | ― | 69.04% | 80.18% | |
46 Neutral | C$66.70M | -6.73 | ― | ― | -6.83% | 46.97% | |
40 Underperform | C$43.20M | -3.90 | -2067.79% | ― | -48.39% | 9.17% | |
40 Underperform | C$12.84M | -1.72 | ― | ― | 46.49% | 42.37% |
PyroGenesis Canada Corporate Events
PyroGenesis has secured a $1.3 million contract to supply a plasma torch system for a European cement industry client, aiming to electrify calcination furnaces. This initiative supports the cement industry’s efforts to reduce emissions and transition towards cleaner production methods. The project involves using CO2-powered plasma torches to replace fossil fuel combustion, a significant source of greenhouse gas emissions in cement production. This contract marks a step towards demonstrating the viability of electric heating in industrial-scale cement production, aligning with global decarbonization goals.
PyroGenesis Canada has successfully closed its non-brokered private placement, raising a total of $5,226,083 through the sale of 14,185,969 units. The funds will be used for working capital and general corporate purposes, with the placement receiving conditional approval from the TSX. This move is expected to bolster PyroGenesis’ financial position, supporting its ongoing operations and strategic initiatives in the heavy industry and defense sectors.
PyroGenesis Canada announced its third-quarter 2025 financial results, highlighting new opportunities and advancements in its technology offerings. The company secured a $1.2 million contract with the cement industry and made significant progress with its fumed silica reactor project, indicating a strong focus on expanding its market reach and commercial readiness. Despite a decrease in revenue and gross margin compared to the previous year, PyroGenesis continues to evolve its market strategy and remains committed to innovation, positioning itself for future success.
PyroGenesis Inc. has announced a conference call scheduled for November 12, 2025, to discuss its financial results for the third quarter of 2025 and provide updates on company progress and developments. This announcement is significant as it offers stakeholders insights into the company’s financial health and operational advancements, potentially impacting its market positioning and investor confidence.
PyroGenesis Canada has successfully closed the first tranche of the Second Unit Group of its non-brokered private placement, raising approximately $822,000. The funds will be used for working capital and general corporate purposes. This tranche was slightly oversubscribed, and the company plans to close both Unit Groups next week, pending final approval from the TSX. The private placement reflects PyroGenesis’ ongoing efforts to strengthen its financial position and support its operations in the heavy industry and defense sectors.
PyroGenesis Inc. announced the repricing and extension of up to 1,581,250 common share purchase warrants, reducing the exercise price from $1.20 to $0.63 and extending the expiration date to July 17, 2026. This strategic move, approved by the TSX, aims to enhance financial flexibility and support general corporate purposes, potentially impacting the company’s market positioning by making warrant exercise more attractive to holders.
PyroGenesis Canada has successfully closed the first tranche of a non-brokered private placement, raising approximately $3.5 million through the sale of 5,555,556 units. The funds will be used for working capital and general corporate purposes, with the private placement conditionally approved by the TSX. This move is expected to strengthen PyroGenesis’ financial position, aiding its continued innovation and market presence in the heavy industry and defense sectors.
PyroGenesis Canada has successfully closed the first tranche of its non-brokered private placement, raising approximately $3.5 million through the sale of 5,555,556 units. Each unit comprises one common share and one warrant, with the proceeds intended for working capital and general corporate purposes. The company’s president and CEO, P. Peter Pascali, personally invested in the entire tranche, highlighting confidence in the company’s strategic direction. The private placement is conditionally approved by the TSX, pending final approval and customary closing conditions.
PyroGenesis Inc. recently addressed an erroneous online post by a board member concerning its ongoing non-brokered private placement. The post incorrectly suggested that the private placement was oversubscribed, bringing in $7.5-$8.0 million. The company clarified that the private placement is not officially oversubscribed and is ongoing, with the first tranche expected to complete soon. PyroGenesis emphasizes its commitment to timely disclosure and corporate governance, having taken corrective action regarding the situation.
PyroGenesis Inc. announced a non-brokered private placement, conditionally approved by the Toronto Stock Exchange, to raise funds for working capital and general corporate purposes. The placement includes two unit groups, with CEO P. Peter Pascali expected to invest significantly. This move is anticipated to bolster PyroGenesis’ financial position and support its ongoing operations and strategic initiatives.
PyroGenesis Inc. announced a non-brokered private placement, conditionally approved by the Toronto Stock Exchange, to raise funds for working capital and general corporate purposes. The placement consists of two unit groups, with the CEO expected to invest significantly in the first group, highlighting confidence in the company’s strategic direction. The move is anticipated to strengthen PyroGenesis’ financial position, supporting its continued innovation and market leadership in high-temperature engineering solutions.