sur Loop Industries, Inc. (NASDAQ:LOOP)
Loop Industries Sees Revenue Growth and Advances India Project
Loop Industries reported a notable increase in revenue, reaching $10.8 million in Q4 2025, driven mainly by a technology license sale to Reed Societe Generale Group and engineering services from its joint venture in India. This marks a significant milestone for the company's financial health.
The company's India project is progressing, with an engineering study by Tata confirming the projected capital expenditure. Loop is negotiating agreements to secure customers for the facility's output, expected at 70,000 metric tons annually. The construction groundbreaking is anticipated in late 2025, aiming for operations in 2027.
In Europe, Loop is working with Reed Societe Generale to select a site for an Infinite Loop™ facility, focusing on reducing costs and timelines through a modular approach. Financial results show a strong cash position, aiding Loop's strategy to expand operations and secure equity financing for its India venture.
R. H.
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