Loop Industries Rescales India Facility to 45 KTA, Reports $117K Q2 Revenue and $1.9M Liquidity
LOOP is trading near its 52-week low of $0.327 (12% above the low) on light trading volume (0.1× avg).
Summary
Loop Industries reported Q2 FY2027 revenue of $117,000 and a $2.988 million net loss, with only $1.9 million in total liquidity. The company is rescaling its India facility to 45 KTA to cut capital needs while the Special Committee pursues financing.
Key Events · Earnings and Guidance · LOOP
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India Facility Rescaled to 45 KTA
Loop reduced the planned India facility capacity to 45 kilotonnes per annum to lower capital requirements, with construction targeted for completion by end of 2028 and startup in 2029.
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Q2 FY2027 Revenue $117K, Net Loss $2.988M
Second-quarter revenue of $117,000 came entirely from engineering services to the India JV; net loss narrowed $216,000 year-over-year to $2.988 million.
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Liquidity of $1.9M at August 31, 2026
Cash and cash equivalents were $836,000, with total available liquidity of $1.9 million; the company continues to seek capital for its India JV equity contribution and pre-commercial operating expenses.
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Special Committee Pursues Financing
The Special Committee formed in September 2026 is working with advisors to secure capital, evaluating equity, debt, and non-dilutive options for Loop's portion of the India JV equity.
Analysis · LOOP · Industrial Applications And Services
Loop Industries is pre-revenue and burning cash, with only $1.9 million of total liquidity at August 31, 2026 and a $2.988 million quarterly net loss. Rescaling the India facility to 45 KTA lowers the capital requirement and shortens the timeline, but the company still needs to raise equity for its JV contribution. The Special Committee is evaluating equity, debt, and non-dilutive financing options, and management explicitly states there is no assurance these sources will fund operations through commercial start-up. This is a survival-and-financing story: the smaller project reduces the funding gap, but the going-concern risk remains acute.
How filings like this one have moved
In the 30 days to Oct 31, 2026, 32% of the 2040 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, LOOP was trading at $0.37 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $18M. The 52-week trading range was $0.33 to $1.95. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.