Filing Flows › Loop Industries (LOOP) › Q3 FY25
Loop Industries (LOOP) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jan 14, 2025
Loop Industries (LOOP) reported revenue of $52K for the third quarter fiscal 2025 (Q3 FY25), +100% from a year earlier and +126% from the quarter before.
Loop Industries, Q3 FY25: revenue $52K (+100% year over year), net loss $11.9M, operating cash flow −$1.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $52K | +126% | +100% |
| Operating profit | −$11.9M | — | — |
| Net earnings | −$11.9M | — | — |
| Operating cash flow | −$1.9M | — | — |
What changed
Revenue was $52K in Q3 FY25, up 100% year over year and up 126% from the previous quarter.
Operating costs exceeded revenue by $11.9M, an operating margin of -22907.7%. Total costs fell 57% while revenue rose 100%. The quarter ended with a net loss of $11.9M, wider than the previous quarter's $4.8M loss.
Operating cash flow was −$1.9M. Non-cash charges added back $132K of depreciation and amortization and $330K of share-based compensation. Working capital and other items added $9.6M.
Questions
What was Loop Industries' revenue in the third quarter fiscal 2025?
Loop Industries (LOOP) reported revenue of $52K for the third quarter fiscal 2025 (Q3 FY25), +100% from a year earlier and +126% from the quarter before.
Source: Loop Industries 10-Q on SEC EDGAR.