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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 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 15.65M | 12.35M | 19.01M | 31.07M | 17.78M |
| Gross Profit | 5.30M | 3.44M | 8.14M | 12.43M | 10.30M |
| EBITDA | -5.99M | -25.57M | -29.55M | -36.80M | 42.68M |
| Net Income | -6.67M | -28.50M | -32.17M | -38.43M | 41.77M |
Balance Sheet | |||||
| Total Assets | 29.20M | 28.44M | 47.67M | 69.77M | 74.53M |
| Cash, Cash Equivalents and Short-Term Investments | 2.98M | 1.80M | 3.45M | 12.20M | 18.10M |
| Total Debt | 9.01M | 9.20M | 6.92M | 7.22M | 3.10M |
| Total Liabilities | 32.66M | 31.26M | 30.80M | 29.00M | 15.11M |
| Stockholders Equity | -3.46M | -2.83M | 16.87M | 40.77M | 59.42M |
Cash Flow | |||||
| Free Cash Flow | -2.45M | -12.12M | -11.82M | -19.86M | -1.63M |
| Operating Cash Flow | -2.10M | -12.05M | -11.13M | -18.11M | -814.99K |
| Investing Cash Flow | 1.66M | 3.05M | -368.18K | 2.72M | 4.93M |
| Financing Cash Flow | 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 | $10.77B | 15.80 | 5.51% | 1.90% | 3.03% | -26.66% | |
49 Neutral | C$88.68M | ― | -5701.32% | ― | 14.45% | 76.75% | |
| $519.90M | ― | -37.81% | ― | ― | ― | ||
70 Outperform | C$22.20M | 24.84 | 5.22% | ― | 12.31% | ― | |
49 Neutral | C$20.38M | ― | -7.92% | ― | -12.65% | -838.74% | |
47 Neutral | C$64.19M | ― | -1898.77% | ― | 408.78% | -20.74% | |
46 Neutral | C$13.06M | ― | -525.98% | ― | -24.60% | -11.26% |
PyroGenesis Canada Corporate Events
PyroGenesis Inc. announced the results of its annual shareholder meeting, where approximately 38% of the issued and outstanding common shares were represented. All nominees for the board of directors were elected, and Raymond Chabot Grant Thornton LLP was reappointed as the auditor. This announcement reinforces PyroGenesis’s stable governance structure and commitment to its strategic goals, potentially impacting its market positioning positively.
PyroGenesis has confirmed that its fumed silica samples, produced by the Fumed Silica Reactor pilot plant for HPQ Silica Polvere Inc., have passed testing by a leading global supplier. This successful verification marks a significant step in the scale-up process from lab to pilot production, emphasizing the company’s commitment to optimizing the Fumed Silica Reactor for future production. The development of fumed silica aligns with PyroGenesis’ focus on commodity security and optimization, enhancing the availability of critical minerals and supporting the energy transition and emission reduction efforts.
PyroGenesis Inc. announced an extension to the term of up to 1,581,250 common share purchase warrants, which will now expire on November 18, 2025, instead of July 22, 2025. This extension, approved by the Toronto Stock Exchange, allows holders more time to exercise their warrants, with proceeds aimed at general corporate purposes, potentially enhancing the company’s financial flexibility and market positioning.
PyroGenesis Canada has achieved approved supplier status with Boeing for its NexGen™ titanium metal powder, marking a significant milestone in its additive manufacturing operations. This qualification enhances PyroGenesis’ industry positioning by aligning with Boeing’s high standards, potentially expanding its market reach and reinforcing its commitment to producing high-quality metal powders for critical applications.
PyroGenesis has received accelerated requests for its fumed silica samples, indicating growing industry interest in its innovative plasma-based production process. This development aligns with the company’s commitment to providing sustainable alternatives in the global fumed silica market, which is used in a wide range of everyday products.
PyroGenesis has confirmed the successful production of fumed silica at a pilot scale, exceeding expectations in yield. This milestone, achieved through their Fumed Silica Reactor, aligns with the company’s strategic goals and enhances its market positioning by potentially improving the economics of the project. The focus will now shift to optimizing product purity and achieving a production target of 50 tonnes per year, which could have significant implications for stakeholders in terms of market fit and commercial viability.
PyroGenesis has successfully collected material from its Fumed Silica Reactor pilot plant’s baghouse, which has been sent for third-party analysis. This marks a significant milestone in validating the scale-up from lab to pilot plant, potentially confirming the reactor’s ability to produce high-quality fumed silica, a widely used industrial material.
PyroGenesis Canada announced its financial results for the first quarter of 2025, highlighting a strong project backlog and ongoing customer collaborations in energy transition and emission reduction. Despite a 14% decline in revenue compared to Q1 2024, the company improved its gross margin by 5.3 points and reduced its net loss slightly. PyroGenesis is optimistic about future quarters due to cost optimization measures and a significant revenue backlog. The company also secured a $2.5 million contract for a waste-to-energy project, showcasing its commitment to sustainable solutions.
PyroGenesis has provided an update on its Fumed Silica Reactor project, developed for HPQ Silica Polvere Inc., highlighting the potential advantages over traditional methods. The new process aims to produce fumed silica more efficiently by using an all-electric plasma technique, potentially reducing costs, CO2 emissions, and energy usage while eliminating the need for hazardous chemicals and simplifying logistics.
PyroGenesis Inc. has successfully closed the first tranche of a non-brokered loan, receiving $2,385,000 from its President and CEO, P. Peter Pascali. This funding will be used for working capital and general corporate purposes, potentially enhancing the company’s operational capabilities and market positioning. The loan agreement includes the possibility of additional tranches, totaling up to $5,750,000, which could further support PyroGenesis’ strategic initiatives.
PyroGenesis Inc. has announced a conference call scheduled for May 14, 2025, to discuss its financial results for the first quarter of 2025 and provide updates on its business progress. This announcement reflects PyroGenesis’s ongoing commitment to transparency and engagement with stakeholders, as it continues to leverage its advanced plasma technologies to maintain a competitive edge in the industry.
PyroGenesis Inc. announced the completion of a non-brokered private placement involving a loan of up to $5,750,000 from its President and CEO, P. Peter Pascali. The loan, which includes share purchase warrants, is intended to support the company’s working capital and general corporate purposes. This financial move is expected to bolster PyroGenesis’ operational capabilities and market positioning as it continues to focus on sustainable solutions for heavy industries.
P. Peter Pascali, CEO of PyroGenesis, has updated his early warning report regarding his shareholdings in the company, as he plans to sell up to 850,000 common shares through an automatic securities disposition plan. This move is expected to slightly reduce his total ownership in the company, impacting the overall share distribution but maintaining a significant stake.