Loop Industries Reports Second Quarter Fiscal 2027 Results and Announces Plan to Expedite Development of India Facility
Loop Industries reported Q2 fiscal 2027 revenue of $117K from engineering services to its India JV, with the net loss narrowing to $2.99M from $3.20M a year earlier. The company rescaled its planned first commercial India facility to 45 KTA to lower capital requirements, targeting construction completion by end of 2028 and startup in 2029.
Key figures
- Revenue
- 117000
- Guidance
- India facility construction completion targeted by end of 2028, startup and commissioning in 2029
- Cash opex q2
- 1600000
- Cash and equivalents
- 836000
- Liquidity aug 31 2026
- 1900000
- India facility capacity
- 45 KTA
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.