Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.
Revenue of Loop Industries, Inc. (LOOP)
Revenue in 2023 (TTM): $153 K
According to Loop Industries, Inc.'s latest financial reports the company's current revenue (TTM) is $153 K. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Loop Industries, Inc.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $153 K | $-382,000 | $-20,355,000 | $-21,087,000 | $-21,087,000 |
| 2022 | $172.84 K | $-377,276 | $-20,561,696 | $-21,300,565 | $-42,412,374 |
| 2021 | $ | $-548,232 | $-44,218,408 | $-44,920,956 | $-45,074,988 |
| 2020 | $ | $-775,675 | $-30,227,354 | $-36,344,923 | $-36,459,526 |
| 2019 | $2.22 M | $1.39 M | $-11,476,367 | $-14,505,455 | $-16,728,759 |
| 2018 | $ | $-502,997 | $-12,259,784 | $-17,536,411 | $-21,842,959 |
| 2017 | $ | $-367,176 | $-13,555,401 | $-14,037,378 | $-14,256,730 |
| 2016 | $ | $-397,445 | $-3,716,561 | $-8,814,001 | $-8,814,001 |
| 2015 | $ | $-211,845 | $-2,549,710 | $-2,836,366 | $-2,836,366 |
| 2014 | $ | $ | $ | $-19,125 | $-19,125 |
| 2013 | $ | $ | $-16,466 | $-16,466 | $-16,466 |
| 2012 | $ | $ | $-29,775 | $-29,775 | $-29,775 |
| 2011 | $ | $ | $-22,582 | $-22,582 | $-22,582 |