Loop Industries, Inc. (LOOP) Financial Statements (2026 and earlier)

Company Profile

Business Address 480 FERNAND POITRAS
TERREBONNE, QC J6Y 1Y4
State of Incorp. NV
Fiscal Year End February 28
Industry (SIC) 28 - Chemicals And Allied Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

2/28/2026
11/30/2025
MRQ
2/28/2025
2/29/2024
2/28/2023
2/28/2022
2/28/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,20412,9736,95829,59144,06135,222
Cash and cash equivalent5,20412,9736,95829,59144,06135,222
Receivables1476393511,0751,7161,764
Inventory, net of allowances, customer advances and progress billings8582102727  
Inventory8582102727  
Prepaid expense4101585776362,966610
Asset, held-for-sale, not part of disposal group     3,389 
Other undisclosed current assets153  4,396  
Total current assets:5,99913,8527,98836,42452,13337,596
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization1,6901,73710,6362,5455,6933,513
Long-term investments and receivables1,831   3811,500
Long-term investments1,831   3811,500
Intangible asset, including goodwill, after accumulated amortization1,7701,7081,5481,2101,014795
Intangible asset, excluding goodwill, after accumulated amortization1,7701,7081,5481,2101,014795
Other undisclosed noncurrent assets  1,281381381  
Total noncurrent assets:5,2914,72612,5654,1367,0885,808
TOTAL ASSETS:11,29018,57820,55340,56059,22043,404
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:2,9353,5452,3212,5109,8478,125
Accounts payable1,234    8,125
Accrued liabilities1,249     
Other undisclosed accounts payable and accrued liabilities4523,5452,3212,5109,847 
Deferred revenue102102    
Debt51031210062 938
Other undisclosed current liabilities    1,012 (1)
Total current liabilities:3,5473,9592,4213,5849,8479,062
Noncurrent Liabilities
Long-term debt and lease obligation2,4962,7733,2203,2403,3781,516
Long-term debt, excluding current maturities2,4962,7733,2203,2403,3781,516
Liabilities, other than long-term debt882     
Deferred revenue882     
Other undisclosed noncurrent liabilities11,68811,479770  1
Total noncurrent liabilities:15,06614,2523,9903,2403,3781,517
Total liabilities:18,61318,2116,4116,82513,22510,579
Equity
Equity, attributable to parent, including:(7,323)36714,14233,73545,99532,825
Common stock555554
Additional paid in capital195,452193,529171,792170,370150,397113,663
Accumulated other comprehensive loss(1,158)(1,140)(1,070)(1,141)(96)(7)
Accumulated deficit(201,622)(192,027)(176,970)(155,883)(134,583)(89,662)
Other undisclosed equity, attributable to parent   20,38520,38630,2728,826
Total equity:(7,323)36714,14233,73545,99532,825
TOTAL LIABILITIES AND EQUITY:11,29018,57820,55340,56059,22043,404

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

2/28/2026
11/30/2025
TTM
2/28/2025
2/29/2024
2/28/2023
2/28/2022
2/28/2021
Revenues11,14610,889153173  
Cost of revenue  (41)(4,335)  
Cost of product and service sold   (4,335)  
Financing interest expense   (41)   
Gross profit:11,14610,889112(4,163)  
Operating expenses(11,909)(25,076)(21,902)(38,325)(44,921)(36,345)
Operating loss:(763)(14,187)(21,790)(42,488)(44,921)(36,345)
Nonoperating income (expense)(209)870(63)33  
Investment income, nonoperating113     
Gain (loss), foreign currency transaction, before tax(13) (63)   
Other nonoperating income 546870 33  
Interest and debt expense(1,274) (84)(2,348)(154)(82)
Loss from continuing operations before equity method investments, income taxes:(2,246)(13,317)(21,937)(44,803)(45,075)(36,427)
Other undisclosed income from continuing operations before income taxes      
Loss from continuing operations:(2,246)(13,317)(21,937)(44,803)(45,075)(36,427)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(45,075)(36,427)
Other undisclosed net income 419  23,502  
Net loss:(1,827)(13,317)(21,937)(21,301)(45,075)(36,427)
Other undisclosed net income (loss) attributable to parent (885)(1,740)850 15482
Net loss available to common stockholders, basic:(2,712)(15,057)(21,087)(21,301)(44,921)(36,345)
Convertible preferred dividends 252    
Other undisclosed net income available to common stockholders, diluted 252     
Net loss available to common stockholders, diluted:(2,460)(14,805)(21,087)(21,301)(44,921)(36,345)

Comprehensive Income ($ in thousands)
Annual | Quarterly

2/28/2026
11/30/2025
TTM
2/28/2025
2/29/2024
2/28/2023
2/28/2022
2/28/2021
Net loss:(1,827)(13,317)(21,937)(21,301)(45,075)(36,427)
Other comprehensive income (loss)   71(1,045)  
Other undisclosed comprehensive income 147     
Comprehensive loss:(1,680)(13,317)(21,866)(22,346)(45,075)(36,427)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(973)(1,810)850 65464
Comprehensive loss, net of tax, attributable to parent:(2,653)(15,127)(21,016)(22,346)(45,010)(35,963)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: