- Loop Industries (LOOP, Financial) generated its first significant revenue of $10.8M in Q4 2025 from a technology license and engineering services.
- The company's Indian joint venture, ELITe, confirmed a $176M capital expenditure for their Infinite Loop facility.
- Loop reported a net income of $6.8M for Q4, a significant turnaround from a $5.1M loss the previous year.
Loop Industries (LOOP), a clean technology company focused on sustainable polyester, reported its fiscal year 2025 fourth-quarter results, marking a pivotal financial milestone. The company generated $10.8 million in total revenues, primarily from the sale of its first technology license worth $10.4 million to Reed Societe Generale Group. An additional $0.4 million came from engineering services for its Indian joint venture, ELITe.
Progress on the India-based Infinite Loop™ facility continues, with TATA Consulting Engineers confirming capital expenditure projections totaling $176 million, including a continuous polymerization line. The facility is expected to break ground in the latter half of 2025 and commence operations by 2027, boasting an annual production capacity of 70,000 metric tons.
Loop ended Q4 with $13 million in cash, bolstered by $20.8 million secured through license sales and Series B stock issuance. The company declared a net income of $6.8 million for Q4, a marked improvement from a $5.1 million loss in the previous year's quarter. Operating expenses decreased significantly, aided by a $4.5 million reduction in R&D costs for the full year, although challenges remain as Loop recorded an impairment charge of $8.46 million, contributing to an annual net loss of $15.1 million, down from $21.1 million the prior year.
CEO Daniel Solomita highlighted the successful capital expenditure projections by TATA Consulting Engineers, reinforcing confidence in the Infinite Loop™ India project and Loop's transition towards commercialization and expanded global partnerships.
