Duyuru • Apr 16
International Zeolite Corp., Annual General Meeting, Jun 16, 2025 International Zeolite Corp., Annual General Meeting, Jun 16, 2025. Reported Earnings • Oct 29
Full year 2024 earnings released: CA$0.012 loss per share (vs CA$0.042 loss in FY 2023) Full year 2024 results: CA$0.012 loss per share (improved from CA$0.042 loss in FY 2023). Revenue: CA$610.2k (down 1.0% from FY 2023). Net loss: CA$495.6k (loss narrowed 72% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 49% per year, which means it is performing significantly worse than earnings. Reported Earnings • May 19
Third quarter 2024 earnings released: CA$0.003 loss per share (vs CA$0.009 loss in 3Q 2023) Third quarter 2024 results: CA$0.003 loss per share (improved from CA$0.009 loss in 3Q 2023). Revenue: CA$139.7k (up 16% from 3Q 2023). Net loss: CA$147.8k (loss narrowed 61% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 37% per year. Reported Earnings • Feb 21
Second quarter 2024 earnings released: CA$0.004 loss per share (vs CA$0.002 loss in 2Q 2023) Second quarter 2024 results: CA$0.004 loss per share (further deteriorated from CA$0.002 loss in 2Q 2023). Revenue: CA$196.1k (down 30% from 2Q 2023). Net loss: CA$152.5k (loss widened 49% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. New Risk • Feb 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$495k free cash flow). Share price has been highly volatile over the past 3 months (44% average weekly change). Negative equity (-CA$2.0m). Earnings have declined by 9.6% per year over the past 5 years. Revenue is less than US$1m (CA$563k revenue, or US$418k). Market cap is less than US$10m (€2.05m market cap, or US$2.21m). Minor Risk Shareholders have been diluted in the past year (2.7% increase in shares outstanding). Reported Earnings • Nov 30
First quarter 2024 earnings released: CA$0.005 loss per share (vs CA$0.006 loss in 1Q 2023) First quarter 2024 results: CA$0.005 loss per share. Revenue: CA$165.0k (down 25% from 1Q 2023). Net loss: CA$229.7k (flat on 1Q 2023). Reported Earnings • Oct 25
Full year 2023 earnings released: CA$0.042 loss per share (vs CA$0.021 loss in FY 2022) Full year 2023 results: CA$0.042 loss per share (further deteriorated from CA$0.021 loss in FY 2022). Revenue: CA$616.5k (down 8.5% from FY 2022). Net loss: CA$1.76m (loss widened 112% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • May 18
Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.007 loss in 3Q 2022) Third quarter 2023 results: CA$0.009 loss per share (further deteriorated from CA$0.007 loss in 3Q 2022). Revenue: CA$120.4k (down 40% from 3Q 2022). Net loss: CA$376.0k (loss widened 28% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 202% per year, which means it is well ahead of earnings. Reported Earnings • Feb 14
Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in 2Q 2022) Second quarter 2023 results: CA$0.002 loss per share (improved from CA$0.005 loss in 2Q 2022). Revenue: CA$279.1k (up 29% from 2Q 2022). Net loss: CA$102.2k (loss narrowed 46% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 86% per year, which means it is well ahead of earnings. Duyuru • Dec 21
International Zeolite Corp., Annual General Meeting, Jan 19, 2023 International Zeolite Corp., Annual General Meeting, Jan 19, 2023, at 11:00 Eastern Standard Time. Agenda: To receive the Corporation's audited 2022 financial statements and auditor's report; to set the number of directors at Seven; to elect the Directors of the Corporation for the ensuing year; to re-appoint Clearhouse LLP, Chartered Accountants, as the auditors of the Corporation for the ensuing year and to authorize the board of directors of the Corporation to fix their remuneration; to consider creation of control persons CoTec and Kings Chapel; to consider creation of control person Paquette; to consider approve stock option plan; and to consider such other business. Reported Earnings • Nov 23
First quarter 2023 earnings released: CA$0.006 loss per share (vs CA$0.005 loss in 1Q 2022) First quarter 2023 results: CA$0.006 loss per share (further deteriorated from CA$0.005 loss in 1Q 2022). Revenue: CA$218.9k (up 86% from 1Q 2022). Net loss: CA$228.3k (loss widened 29% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 81% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Ron Schneider was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
Full year 2022 earnings released: CA$0.021 loss per share (vs CA$0.02 loss in FY 2021) Full year 2022 results: CA$0.021 loss per share (further deteriorated from CA$0.02 loss in FY 2021). Revenue: CA$674.0k (up 32% from FY 2021). Net loss: CA$830.2k (loss widened 10% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 73% per year, which means it is well ahead of earnings. Reported Earnings • May 22
Third quarter 2022 earnings released: CA$0.007 loss per share (vs CA$0.006 loss in 3Q 2021) Third quarter 2022 results: CA$0.007 loss per share (down from CA$0.006 loss in 3Q 2021). Revenue: CA$201.7k (up 129% from 3Q 2021). Net loss: CA$292.5k (loss widened 40% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 6 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). CEO & Director Ray Paquette is the most experienced director on the board, commencing their role in 1994. Independent Director Ron Schneider was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Reported Earnings • Feb 27
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: CA$0.005 loss per share (down from CA$0.003 loss in 2Q 2021). Revenue: CA$216.3k (up 2.3% from 2Q 2021). Net loss: CA$190.3k (loss widened 76% from 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Reported Earnings • Oct 29
Full year 2021 earnings released: CA$0.02 loss per share (vs CA$0.007 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: CA$510.9k (down 20% from FY 2020). Net loss: CA$753.7k (loss widened 187% from FY 2020). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 28
Third quarter 2021 earnings released: CA$0.006 loss per share (vs CA$0.003 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CA$88.2k (up 47% from 3Q 2020). Net loss: CA$208.5k (loss widened 63% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 23
Second quarter 2021 earnings released: CA$0.003 loss per share (vs CA$0.003 loss in 2Q 2020) The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: CA$211.4k (down 42% from 2Q 2020). Net loss: CA$108.0k (loss narrowed 10% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 01
First quarter 2021 earnings released: CA$0.003 loss per share The company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: CA$150.9k (down 33% from 1Q 2020). Net loss: CA$104.5k (loss widened 1.9% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 46% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 01
Full year earnings released - €0.0072 loss per share Over the last 12 months the company has reported total losses of CA$262.9k, with losses narrowing by 71% from the prior year. Total revenue was CA$634.8k over the last 12 months, down 8.9% from the prior year.