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LOOP| Name | Value |
|---|---|
| Revenues | 45.0K |
| Cost of Revenue | 135.0K |
| Gross Profit | -90.0K |
| Operating Expense | 5,239.0K |
| Operating I/L | -5,329.0K |
| Other Income/Expense | 103.0K |
| Interest Income | 115.0K |
| Pretax | -5,091.0K |
| Income Tax Expense | -7,034.0K |
| Net Income/Loss | -5,091.0K |
Loop Industries, Inc. specializes in depolymerizing waste PET plastics and polyester fibers into base building blocks, which are then polymerized into virgin-quality PET resins. These resins are used in food-grade plastic packaging, such as bottles for water and soft drinks, and containers for food and consumer products. Additionally, the company produces polyester fibers for textiles, clothing, and apparel. Loop Industries generates revenue by providing sustainable solutions for the production of high-quality PET resins and polyester fibers, catering to the packaging and textile industries.
