LOOP: Loop Industries Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Loop Industries Inc (LOOP).
$63.33M Market Cap.
LOOP Market Cap. (MRY)
LOOP Shares Outstanding (MRY)
LOOP Assets (MRY)
Total Assets
$18.58M
Total Liabilities
$18.21M
Total Investments
$1.28M
LOOP Income (MRY)
Revenue
$10.89M
Net Income
-$15.06M
Operating Expense
$25.08M
LOOP Cash Flow (MRY)
CF Operations
-$2.12M
CF Investing
-$2.04M
CF Financing
$10.32M
LOOP Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $18,578,000 (-9.61%) | $20,553,000 (-49.33%) | $40,560,000 (-31.51%) | $59,220,199 (36.44%) |
Assets Current | $13,852,000 (73.41%) | $7,988,000 (-78.07%) | $36,424,000 (-30.13%) | $52,132,614 (38.67%) |
Assets Non-Current | $4,726,000 (-62.39%) | $12,565,000 (203.80%) | $4,136,000 (-41.64%) | $7,087,585 (22.03%) |
Goodwill & Intangible Assets | $1,708,000 (10.34%) | $1,548,000 (27.93%) | $1,210,000 (19.35%) | $1,013,801 (27.54%) |
Shareholders Equity | $367,000 (-97.40%) | $14,142,000 (-58.08%) | $33,736,000 (-26.65%) | $45,994,981 (40.12%) |
Property Plant & Equipment Net | $1,737,000 (-83.67%) | $10,636,000 (317.92%) | $2,545,000 (-55.29%) | $5,692,862 (62.05%) |
Cash & Equivalents | $12,973,000 (86.45%) | $6,958,000 (-77.25%) | $30,591,000 (-30.57%) | $44,061,427 (25.10%) |
Accumulated Other Comprehensive Income | -$1,140,000 (-6.54%) | -$1,070,000 (6.22%) | -$1,141,000 (-1088.13%) | -$96,033 (-1357.25%) |
Deferred Revenue | $102,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,281,000 (236.22%) | $381,000 (0.00%) | $381,000 (0.02%) | $380,922 (-74.61%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $1,281,000 (236.22%) | $381,000 (0.00%) | $381,000 (0.02%) | $380,922 (-74.61%) |
Inventory | $82,000 (-19.61%) | $102,000 (-85.97%) | $727,000 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $639,000 (82.05%) | $351,000 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $4,377,000 (41.60%) | $3,091,000 (23.15%) | $2,510,000 (-74.51%) | $9,846,815 (21.19%) |
Accumulated Retained Earnings (Deficit) | -$192,027,000 (-8.51%) | -$176,970,000 (-13.53%) | -$155,883,000 (-15.83%) | -$134,582,926 (-50.10%) |
Tax Assets | $0 (0%) | $0 (0%) | $1,075,000 (-37.36%) | $1,716,262 (-2.70%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $3,085,000 (-7.08%) | $3,320,000 (0.55%) | $3,302,000 (-2.26%) | $3,378,403 (37.66%) |
Debt Current | $312,000 (212.00%) | $100,000 (61.29%) | $62,000 (0%) | $0 (0%) |
Debt Non-Current | $2,773,000 (-13.88%) | $3,220,000 (-0.62%) | $3,240,000 (-4.10%) | $3,378,403 (122.85%) |
Total Liabilities | $18,211,000 (184.06%) | $6,411,000 (-6.05%) | $6,824,000 (-48.40%) | $13,225,218 (25.01%) |
Liabilities Current | $3,959,000 (63.53%) | $2,421,000 (-32.45%) | $3,584,000 (-63.60%) | $9,846,815 (8.65%) |
Liabilities Non-Current | $14,252,000 (257.19%) | $3,990,000 (23.15%) | $3,240,000 (-4.10%) | $3,378,403 (122.85%) |
LOOP Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $10,889,000 (7016.99%) | $153,000 (-11.56%) | $173,000 (0%) | $0 (0%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $9,228,000 (-7.61%) | $9,988,000 (-51.11%) | $20,429,000 (59.70%) | $12,792,439 (10.85%) |
Research & Development Expense | $6,864,000 (-39.68%) | $11,379,000 (-34.40%) | $17,346,000 (-37.46%) | $27,736,425 (48.43%) |
Operating Expenses | $25,076,000 (14.49%) | $21,902,000 (-42.85%) | $38,325,000 (-6.70%) | $41,077,096 (13.96%) |
Interest Expense | $618,000 (1607.32%) | -$41,000 (-121.69%) | $189,000 (22.47%) | $154,319 (88.20%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$15,057,000 (28.60%) | -$21,087,000 (1.00%) | -$21,301,000 (52.58%) | -$44,920,956 (-23.60%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$15,057,000 (28.60%) | -$21,087,000 (1.00%) | -$21,301,000 (52.58%) | -$44,920,956 (-23.60%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$15,057,000 (28.60%) | -$21,087,000 (1.00%) | -$21,301,000 (52.58%) | -$44,920,956 (-23.60%) |
Weighted Average Shares | $47,587,038 (0.14%) | $47,522,483 (0.22%) | $47,418,949 (4.71%) | $45,287,885 (10.50%) |
Weighted Average Shares Diluted | $47,587,038 (0.14%) | $47,522,483 (0.22%) | $47,418,949 (4.71%) | $45,287,885 (10.50%) |
Earning Before Interest & Taxes (EBIT) | -$14,439,000 (31.66%) | -$21,128,000 (-0.08%) | -$21,112,000 (52.84%) | -$44,766,637 (-23.45%) |
Gross Profit | $10,889,000 (7016.99%) | $153,000 (-11.56%) | $173,000 (0%) | $0 (0%) |
Operating Income | -$14,187,000 (34.77%) | -$21,749,000 (42.99%) | -$38,152,000 (7.12%) | -$41,077,096 (-13.96%) |
LOOP Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,036,000 (63.93%) | -$5,644,000 (-126.52%) | $21,279,000 (382.47%) | -$7,533,087 (-153.01%) |
Net Cash Flow from Financing | $10,318,000 (16477.78%) | -$63,000 (-106.23%) | $1,012,000 (-98.22%) | $56,994,801 (114.28%) |
Net Cash Flow from Operations | -$2,121,000 (88.25%) | -$18,046,000 (48.28%) | -$34,892,000 (13.98%) | -$40,562,661 (-80.35%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $6,015,000 (125.45%) | -$23,633,000 (-75.44%) | -$13,471,000 (-252.40%) | $8,839,476 (487.62%) |
Net Cash Flow - Business Acquisitions and Disposals | -$1,954,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $368,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$450,000 (92.03%) | -$5,644,000 (-126.52%) | $21,279,000 (382.47%) | -$7,533,087 (-223.67%) |
Issuance (Repayment) of Debt Securities | -$77,000 (-22.22%) | -$63,000 (0%) | $0 (0%) | $945,634 (1969.40%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $56,049,167 (110.32%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$146,000 (-221.67%) | $120,000 (113.79%) | -$870,000 (-1360.30%) | -$59,577 (-115.95%) |
Share Based Compensation | $1,352,000 (-4.92%) | $1,422,000 (-85.90%) | $10,086,000 (389.05%) | $2,062,367 (-43.88%) |
Depreciation Amortization & Accretion | $524,000 (-2.06%) | $535,000 (-2.73%) | $550,000 (0.32%) | $548,232 (-29.32%) |
LOOP Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% | - |
Profit Margin | -138.30% (99.00%) | -13782.40% (-11.94%) | -12312.70% | - |
EBITDA Margin | -127.80% (99.05%) | -13459.50% (-13.24%) | -11885.50% | - |
Return on Average Equity (ROAE) | -793.90% (-681.40%) | -101.60% (-52.10%) | -66.80% (27.39%) | -92.00% (8.28%) |
Return on Average Assets (ROAA) | -105.70% (-37.45%) | -76.90% (-50.78%) | -51.00% (32.09%) | -75.10% (12.16%) |
Return on Sales (ROS) | -132.60% (99.04%) | -13809.20% (-13.16%) | -12203.50% | - |
Return on Invested Capital (ROIC) | -196.90% (-13.62%) | -173.30% (22.63%) | -224.00% (56.12%) | -510.50% (-9.57%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -4.16 (41.76%) | -7.14 (-23.50%) | -5.78 (17.57%) | -7.01 (27.54%) |
Price to Sales Ratio (P/S) | 5.81 (-99.40%) | 975.3 (36.85%) | 712.65 | - |
Price to Book Ratio (P/B) | 172.57 (1535.32%) | 10.55 (188.49%) | 3.66 (-48.84%) | 7.15 (-35.73%) |
Debt to Equity Ratio (D/E) | 49.62 (10853.86%) | 0.45 (124.26%) | 0.2 (-29.86%) | 0.29 (-10.56%) |
Earnings Per Share (EPS) | -0.32 (27.27%) | -0.44 (2.22%) | -0.45 (54.55%) | -0.99 (-11.24%) |
Sales Per Share (SPS) | 0.23 (7533.33%) | 0 (-25.00%) | 0 (0%) | 0 (0%) |
Free Cash Flow Per Share (FCFPS) | -0.05 (89.18%) | -0.5 (-73.87%) | -0.29 (72.98%) | -1.06 (-75.25%) |
Book Value Per Share (BVPS) | 0.01 (-97.32%) | 0.3 (-58.09%) | 0.71 (-30.02%) | 1.02 (26.84%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.35 (-11.25%) | 0.4 (-51.81%) | 0.83 (-35.41%) | 1.28 (23.56%) |
Enterprise Value Over EBIT (EV/EBIT) | -5 (28.57%) | -7 (-40.00%) | -5 (16.67%) | -6 (33.33%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -4.93 (28.63%) | -6.91 (-40.46%) | -4.92 (21.87%) | -6.29 (31.08%) |
Asset Turnover | 0.76 (12633.33%) | 0.01 (50.00%) | 0 (0%) | 0 (0%) |
Current Ratio | 3.5 (6.06%) | 3.3 (-67.54%) | 10.16 (91.97%) | 5.29 (27.63%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$2,571,000 (89.15%) | -$23,690,000 (-74.02%) | -$13,613,000 (71.70%) | -$48,095,748 (-93.79%) |
Enterprise Value (EV) | $68,569,950 (-51.78%) | $142,189,771 (40.66%) | $101,084,111 (-63.67%) | $278,217,636 (-14.12%) |
Earnings Before Tax (EBT) | -$15,057,000 (28.60%) | -$21,087,000 (1.00%) | -$21,301,000 (52.58%) | -$44,920,956 (-23.60%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$13,915,000 (32.43%) | -$20,593,000 (-0.15%) | -$20,562,000 (53.50%) | -$44,218,405 (-24.60%) |
Invested Capital | $3,023,000 (-76.65%) | $12,946,000 (52.72%) | $8,477,000 (10.43%) | $7,676,559 (886.94%) |
Working Capital | $9,893,000 (77.71%) | $5,567,000 (-83.05%) | $32,840,000 (-22.34%) | $42,285,799 (48.20%) |
Tangible Asset Value | $16,870,000 (-11.23%) | $19,005,000 (-51.70%) | $39,350,000 (-32.40%) | $58,206,398 (36.61%) |
Market Capitalization | $63,334,950 (-57.56%) | $149,240,771 (20.92%) | $123,419,982 (-62.47%) | $328,873,109 (-9.94%) |
Average Equity | $1,896,500 (-90.86%) | $20,746,500 (-34.93%) | $31,882,892 (-34.74%) | $48,852,226 (34.85%) |
Average Assets | $14,250,500 (-48.05%) | $27,432,500 (-34.35%) | $41,788,116 (-30.17%) | $59,844,281 (40.74%) |
Invested Capital Average | $7,334,500 (-39.86%) | $12,195,000 (29.39%) | $9,425,008 (7.47%) | $8,770,008 (12.67%) |
Shares | 47,620,263 (0.19%) | 47,528,908 (0.13%) | 47,469,224 (0.17%) | 47,388,056 (11.73%) |
