Announcement • Jun 09
Comet Industries Ltd., Annual General Meeting, Aug 07, 2026 Comet Industries Ltd., Annual General Meeting, Aug 07, 2026. Location: british columbia, vancouver Canada Recent Insider Transactions • Sep 29
Independent Director recently bought CA$72k worth of stock On the 26th of September, Michael Santoro bought around 20k shares on-market at roughly CA$3.61 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$422k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Aug 17
Independent Director recently bought CA$70k worth of stock On the 14th of August, Jesus Alfonso bought around 17k shares on-market at roughly CA$4.09 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$277k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jul 10
Independent Director recently bought CA$68k worth of stock On the 7th of July, Jesus Alfonso bought around 16k shares on-market at roughly CA$4.24 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought CA$158k more in shares than they have sold in the last 12 months. Announcement • Jun 20
Comet Industries Ltd., Annual General Meeting, Aug 11, 2025 Comet Industries Ltd., Annual General Meeting, Aug 11, 2025. Location: british columbia, vancouver Canada Announcement • Jun 13
Comet Industries Ltd. Completes Archaeological Impact Assessment for Iron Mask Industrial Park Comet Industries Ltd. announced the completion of an Archaeological Impact Assessment for the Iron Mask Industrial Park, marking another significant step forward in the development of the 200-acre light industry industrial park in Kamloops. While not legally required, Comet proactively undertook a comprehensive Archaeological Impact Assessment across the entire property to ensure that no culturally sensitive sites would be disturbed during future development. The assessment was conducted in consultation with 13 Indigenous communities whose traditional territories overlap the project area. The Archaeological Impact Assessment revealed no archaeological findings on the property, a result that significantly streamlines the development process. With the archaeological assessment now complete, Comet is currently awaiting final rezoning approvals. The last outstanding item is the Ministry of Transportation and Transit review and approval of the project's Traffic Impact Assessment, which has been fully submitted. This milestone brings Iron Mask Industrial Park one step closer to being able to sell lots to welcome new businesses and creating positive, long-term economic opportunities for the Kamloops region. Reported Earnings • Jun 04
Full year 2025 earnings released: CA$0.083 loss per share (vs CA$1.75 profit in FY 2024) Full year 2025 results: CA$0.083 loss per share (down from CA$1.75 profit in FY 2024). Net loss: CA$400.0k (down 105% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Dec 04
Third quarter 2025 earnings released: CA$0.006 loss per share (vs CA$2.06 profit in 3Q 2024) Third quarter 2025 results: CA$0.006 loss per share (down from CA$2.06 profit in 3Q 2024). Net loss: CA$29.5k (down 100% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Dec 02
Third quarter 2025 earnings released: CA$0.006 loss per share (vs CA$2.06 profit in 3Q 2024) Third quarter 2025 results: CA$0.006 loss per share (down from CA$2.06 profit in 3Q 2024). Net loss: CA$29.5k (down 100% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 01
First half 2025 earnings released: CA$0.044 loss per share (vs CA$0.023 loss in 1H 2024) First half 2025 results: CA$0.044 loss per share (further deteriorated from CA$0.023 loss in 1H 2024). Net loss: CA$206.7k (loss widened 89% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 05
First quarter 2025 earnings released: CA$0.016 loss per share (vs CA$0.008 profit in 1Q 2024) First quarter 2025 results: CA$0.016 loss per share (down from CA$0.008 profit in 1Q 2024). Net loss: CA$75.1k (down 309% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Announcement • Jun 25
Comet Industries Ltd., Annual General Meeting, Aug 23, 2024 Comet Industries Ltd., Annual General Meeting, Aug 23, 2024. Location: british columbia, vancouver Canada Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CA$4.75, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 9x in the Real Estate industry in Canada. Total returns to shareholders of 58% over the past three years. Reported Earnings • Jun 04
Full year 2024 earnings released: EPS: CA$1.75 (vs CA$0.026 loss in FY 2023) Full year 2024 results: EPS: CA$1.75 (up from CA$0.026 loss in FY 2023). Net income: CA$8.15m (up CA$8.27m from FY 2023). Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Board Change • May 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 01
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 27
Comet Industries Ltd. Announces Chief Financial Officer Changes Comet Industries Ltd. reported that the Board of Directors has appointed Mr. Kelly McQuiggan to act as Chief Financial Officer effective February 1, 2024, replacing Mr. Richard Angus who resigned as CFO effective January 31, 2024. Mr. Angus will continue to serve as a member of the Board of Directors. Mr. McQuiggan earned his BBA, Accounting from Mount Royal University in Calgary, Alberta and his MPAcc from the University of Saskatchewan in Saskatoon. He achieved his CA designation in Alberta after articling with KPMG LLP and MacKay LLP. He is a CPA, CA and is a member of the Chartered Professional Accountants of British Columbia. Reported Earnings • Dec 28
Third quarter 2024 earnings released: EPS: CA$2.06 (vs CA$0.009 loss in 3Q 2023) Third quarter 2024 results: EPS: CA$2.06 (up from CA$0.009 loss in 3Q 2023). Net income: CA$9.63m (up CA$9.67m from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 135% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Dec 28
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 06
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 31
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Second quarter 2024 earnings released: CA$0.031 loss per share (vs CA$0.002 profit in 2Q 2023) Second quarter 2024 results: CA$0.031 loss per share (down from CA$0.002 profit in 2Q 2023). Revenue: CA$124.5k (down 18% from 2Q 2023). Net loss: CA$145.2k (down CA$156.2k from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Sep 29
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 12
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Jess Alfonso was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 11
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 01
First quarter 2024 earnings released: EPS: CA$0.008 (vs CA$0.014 in 1Q 2023) First quarter 2024 results: EPS: CA$0.008 (down from CA$0.014 in 1Q 2023). Revenue: CA$158.8k (flat on 1Q 2023). Net income: CA$36.0k (down 43% from 1Q 2023). Profit margin: 23% (down from 40% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Jun 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 20
Comet Industries Ltd., Annual General Meeting, Aug 18, 2023 Comet Industries Ltd., Annual General Meeting, Aug 18, 2023. Reported Earnings • Jun 02
Full year 2023 earnings released: CA$0.026 loss per share (vs CA$0.077 profit in FY 2022) Full year 2023 results: CA$0.026 loss per share (down from CA$0.077 profit in FY 2022). Revenue: CA$609.5k (up 44% from FY 2022). Net loss: CA$121.1k (down 134% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • May 30
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 08
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Dec 30
Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.004 profit in 3Q 2022) Third quarter 2023 results: CA$0.009 loss per share (down from CA$0.004 profit in 3Q 2022). Revenue: CA$151.7k (up 25% from 3Q 2022). Net loss: CA$42.6k (down 349% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Dec 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 29
Second quarter 2023 earnings released: EPS: CA$0.002 (vs CA$0.009 loss in 2Q 2022) Second quarter 2023 results: EPS: CA$0.002 (up from CA$0.009 loss in 2Q 2022). Revenue: CA$152.4k (up 81% from 2Q 2022). Net income: CA$11.0k (up CA$53.5k from 2Q 2022). Profit margin: 7.2% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Board Change • Sep 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 29
Comet Industries Ltd., Annual General Meeting, Aug 29, 2022 Comet Industries Ltd., Annual General Meeting, Aug 29, 2022. Board Change • Jun 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 02
Full year 2022 earnings released: EPS: CA$0.077 (vs CA$0.015 loss in FY 2021) Full year 2022 results: EPS: CA$0.077 (up from CA$0.015 loss in FY 2021). Net income: CA$360.2k (up CA$428.1k from FY 2021). Board Change • May 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 01
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: CA$0.004 (up from CA$0.002 in 3Q 2021). Revenue: CA$120.4k (up 8.8% from 3Q 2021). Net income: CA$17.1k (up 101% from 3Q 2021). Profit margin: 14% (up from 7.7% in 3Q 2021). Revenue was in line with analyst estimates. Board Change • Nov 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Second quarter 2022 earnings released: CA$0.009 loss per share (vs CA$0.002 loss in 2Q 2021) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2022 results: Revenue: CA$84.6k (down 19% from 2Q 2021). Net loss: CA$42.5k (loss widened CA$35.4k from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Board Change • Sep 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. 1 independent director (3 non-independent directors). Independent Director Burton Wiley was the last independent director to join the board, commencing their role in 1999. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • May 30
Full year 2021 earnings released: CA$0.015 loss per share (vs CA$0.011 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: CA$310.0k (down 39% from FY 2020). Net loss: CA$67.9k (down 236% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total losses of CA$26.9k, with earnings decreasing by CA$99.4k from the prior year. Total revenue was CA$466.8k over the last 12 months, down 12% from the prior year.