Tillkännagivande • Jan 09
Loop Industries, Inc. Appoints Spencer Hart as Principal Accounting Officer and Principal Financial Officer, Effective January 15, 2026 On January 4, 2026, the Board of Directors (Board) of Loop Industries, Inc. (Company) appointed Mr. Spencer Hart to serve as the company’s principal accounting officer and principal financial officer, effective January 15, 2026. Mr. Hart will continue to serve as a member of the Board following his appointment as Chief Financial Officer. Mr. Hart, age 60, has served as a member of Loop’s Board of Directors since February 2025. Mr. Hart brings over 30 years of experience in investment banking and capital markets, most recently serving as a Senior Managing Director and Senior Advisor at Guggenheim Securities from May 2013 to December 2025. Tillkännagivande • Jan 06
Loop Industries, Inc. Announces Chief Financial Officer Changes Loop Industries, Inc. announced the appointment of Spencer Hart as Chief Financial Officer (CFO), effective January 15, 2026. Mr. Hart, who has served as a member of Loop's Board of Directors since February 2025, will transition into the full-time executive role to lead the Company's global financial strategy and capital markets engagement. Mr. Hart will also remain a member of the Board of Directors. Mr. Hart brings over 30 years of experience in investment banking and capital markets, most recently as a Senior Managing Director and Senior Advisor at Guggenheim Securities. His extensive background in corporate finance and strategic growth will be instrumental as Loop continues to scale its proprietary technology and expand its commercial footprint globally. Mike De Notaris, who has recently served as Interim Chief Financial Officer, will continue with Loop in his role of Vice President of Corporate Development and report to Mr. Hart. Recent Insider Transactions • Jul 29
Independent Director recently bought €117k worth of stock On the 28th of July, Spencer Hart bought around 98k shares on-market at roughly €1.20 per share. This transaction amounted to 65% 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 €256k more in shares than they have sold in the last 12 months. Breakeven Date Change • Jul 28
Forecast breakeven date pushed back to 2028 The 3 analysts covering Loop Industries previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 46% per year to 2027. The company is expected to make a profit of US$14.3m in 2028. Average annual earnings growth of 76% is required to achieve expected profit on schedule. Reported Earnings • Jul 16
First quarter 2026 earnings released: US$0.072 loss per share (vs US$0.11 loss in 1Q 2025) First quarter 2026 results: US$0.072 loss per share (improved from US$0.11 loss in 1Q 2025). Revenue: US$252.0k (up US$246.0k from 1Q 2025). Net loss: US$3.45m (loss narrowed 34% from 1Q 2025). Revenue is forecast to grow 59% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Chemicals industry in Germany. New Risk • Jul 16
New major risk - Negative shareholders equity The company has negative equity. Total equity: -US$2.7m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Negative equity (-US$2.7m). Minor Risk Market cap is less than US$100m (€50.5m market cap, or US$58.7m). Breakeven Date Change • Jul 08
Forecast breakeven date pushed back to 2028 The 3 analysts covering Loop Industries previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 46% per year to 2027. The company is expected to make a profit of US$14.3m in 2028. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Breakeven Date Change • Jun 10
Forecast breakeven date pushed back to 2028 The 3 analysts covering Loop Industries previously expected the company to break even in 2027. New consensus forecast suggests losses will reduce by 46% per year to 2027. The company is expected to make a profit of US$14.3m in 2028. Average annual earnings growth of 73% is required to achieve expected profit on schedule. Reported Earnings • Jun 04
Full year 2025 earnings released: US$0.32 loss per share (vs US$0.44 loss in FY 2024) Full year 2025 results: US$0.32 loss per share (improved from US$0.44 loss in FY 2024). Revenue: US$10.9m (up US$10.7m from FY 2024). Net loss: US$15.1m (loss narrowed 29% from FY 2024). Revenue is forecast to grow 53% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Tillkännagivande • May 30
Loop Industries, Inc., Annual General Meeting, Jul 18, 2025 Loop Industries, Inc., Annual General Meeting, Jul 18, 2025. Recent Insider Transactions • Feb 24
Director recently bought €180k worth of stock On the 20th of February, Spencer Hart bought around 149k shares on-market at roughly €1.20 per share. This transaction increased Spencer's direct individual holding by 75x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €139k more in shares than they have sold in the last 12 months. Tillkännagivande • Feb 15
Loop Industries, Inc. Appoints Spencer Hart as Member of the Board On February 10, 2025, the board of directors of Loop Industries, Inc. elected Mr. Spencer Hart as a member of the Board. Mr. Hart is an investment banker with over 30 years of experience in capital markets and mergers and acquisitions with leading Wall Street investment banking firms. Tillkännagivande • Jan 17
Loop Industries, Inc. Announces Impairment Charges for the Three Months Ended November 30, 2024 Loop Industries, Inc. announced impairment charges for the three months ended November 30, 2024. For the period, the company announced impairment of machinery and equipment of $8,460,000. Breakeven Date Change • Sep 05
Forecast breakeven date pushed back to 2027 The 2 analysts covering Loop Industries previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 12% per year to 2026. The company is expected to make a profit of US$16.8m in 2027. Average annual earnings growth of 79% is required to achieve expected profit on schedule. Reported Earnings • Jul 16
First quarter 2025 earnings released: US$0.11 loss per share (vs US$0.15 loss in 1Q 2024) First quarter 2025 results: US$0.11 loss per share (improved from US$0.15 loss in 1Q 2024). Net loss: US$5.19m (loss narrowed 26% from 1Q 2024). Revenue is forecast to grow 80% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Breakeven Date Change • Jul 01
Forecast breakeven date pushed back to 2027 The 2 analysts covering Loop Industries previously expected the company to break even in 2026. New consensus forecast suggests losses will reduce by 7.7% per year to 2026. The company is expected to make a profit of US$18.8m in 2027. Average annual earnings growth of 72% is required to achieve expected profit on schedule. Tillkännagivande • Jun 01
Loop Industries, Inc., Annual General Meeting, Jun 28, 2024 Loop Industries, Inc., Annual General Meeting, Jun 28, 2024. Location: ww.virtualshareholdermeeting.com/loop2024., United States Tillkännagivande • May 30
Loop Industries, Inc. to Report Q4, 2024 Results on May 29, 2024 Loop Industries, Inc. announced that they will report Q4, 2024 results After-Market on May 29, 2024 Tillkännagivande • May 23
Loop Industries, Inc. Collaborates with On and Unveils Launch of the Cloudeasy Cyclon Loop Industries, Inc. announced its collaboration with On and unveiled the launch of the Cloud easy Cyclon shoe. This innovative shoe, part of On's Circular Cyclontm program, is a achievement in sustainable footwear, featuring an upper crafted from yarn made with Loop's 100% recycled polyester fiber using the Infinite Looptm fiber-to-fiber recycling technology. This collaboration combines On's commitment to performance and sustainability with Loop's disruptive technology to manufacture a shoe that is not only manufactured with recycled polyester fiber but can also be recycled into new shoes endlessly. This closed-loop system minimizes waste and maximizes sustainability, setting a new standard for environmentally responsible footwear manufacturing. Coloured, multi-material textile waste that was destined to be incinerated was diverted and upcycled into recycled polyester fiber and used in the upper of the Cloudeasy Cyclon shoe. The recycled polyester fiber was created from purified rDMT and rMEG monomers that were manufactured at Loop's depolymerization facility in Terrebonne, Quebec, which were then polymerized into 100% recycled virgin quality Looptm PET resin by Loop's strategic partner, Ester Industries Ltd. On is the first footwear company to launch a shoe using the Infinite Looptm Fiber-To-Fiber Recycling Technology. The Cloudeasy Cyclon represents a new era of sustainable footwear and sets a precedent for circularity in the industry. The Infinite Looptm technology not only reduces reliance on virgin materials produced from fossil fuels but also significantly cuts down carbon emissions by up to 79%. Tillkännagivande • Jan 25
Loop Industries, Inc. and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024 Loop Industries, Inc. announced that an innovative pharmaceutical packaging bottle manufactured with 100% recycled virgin quality Loop PET resin will be unveiled within the Bormioli booth at Pharmapack Europe 2024. Bormioli Pharma and Loop Industries aim to introduce market-ready solutions for the global pharmaceutical industry and the two companies began to collaborate over a year ago in order to achieve this goal. Bormioli Pharma tested Loop PET resin in its packaging, commissioning to independent third parties' additional analysis to verify extractables levels with different solutions, also taking in consideration the worst-case scenario. The results of these tests set a new benchmark for recycled plastic products within the pharmaceutical industry, as the bottles produced with Loop PET resin do not release any substance deemed of toxicological relevance. Bormioli Pharma's EcoPositive offering, gathering low-impact packaging solutions, currently constitutes 50% of their standard catalogue, contributing to position itself among the players with the broadest sustainable offerings on the international market. In addition to the independent third-party testing commissioned by Bormioli Pharma, Loop PET resin was also tested by a worldwide leader in laboratory testing services and on December 13th, 2023 Loop announced that test results confirmed its Loop™? PET resin meets the strict requirements and standards outlined by the European Pharmacopeia (Ph.Eur. 3.1.15, Polyethylene Terephthalate for Containers for Preparations not for ParenteralUs) and the United States Pharmacopeia (USP, Plastic Materials of Construction) and is compliant for use in packaging applications in the pharmaceutical industry. Reported Earnings • Jan 17
Third quarter 2024 earnings released: US$0.089 loss per share (vs US$0.021 loss in 3Q 2023) Third quarter 2024 results: US$0.089 loss per share (further deteriorated from US$0.021 loss in 3Q 2023). Net loss: US$4.24m (loss widened 319% from 3Q 2023). Revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Tillkännagivande • Dec 13
Loop Industries, Inc. Announces Its Loop Branded Pet Resin Is Compliant for Pharmaceutical Industry Packaging Applications Loop Industries, Inc. announced that its Looptm branded PET resin has been tested and is compliant for use in packaging applications in the pharmaceutical industry. The rigorous requirements and standards outlined by the United States Pharmacopeia (USP <661.1), Plastic Materials of Construction) and the European Pharmacopeia (Ph.Eur. 3.1.15, Polyethylene Terephthalate for Containers for Preparations not for Parenteral Uses) ensure that materials used in pharmaceutical packaging maintain the highest levels of integrity and do not compromise the safety and efficacy of the enclosed products. Test results executed by a worldwide leader in laboratory testing services confirm that Loop's PET resin has successfully met these requirements, opening new possibilities for sustainable packaging solutions in the pharmaceutical industry. The pharmaceutical industry is increasingly recognizing the importance of adopting sustainable practices and materials to reduce its environmental impact. Loop's 100% recycled virgin quality PET can help support pharmaceutical companies with a sustainable packaging alternative and address the growing demand for environmentally responsible choices in the industry.