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Loop Industries, Inc. (LOOP) company profile

LOOPNasdaqChemicals & Allied ProductsFiscal year ends February 28
Financials through Q2 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Oct 16, 2026Score 2/30
$0.24−0.00 (-1.53%)

Close on Nov 11, 2026Market cap $11.60MP/E –Yield –

About Loop Industries

Chemicals & Allied Products, SIC 2800

Loop Industries is a technology company that develops and commercializes chemical depolymerization processes for recycling polyethylene terephthalate (PET) plastic and polyester fiber. Its proprietary technology breaks down contaminated plastic packaging and textile waste into base monomers, dimethyl terephthalate and monoethylene glycol, which are purified and repolymerized into recycled resin and fibers. The company's products cater to consumer packaged goods manufacturers, apparel brands, and specialty polymer producers seeking food-grade packaging materials and circular textile solutions. Its commercial strategy relies on technology licensing, direct facility joint ventures, and engineering services.

The company operates an established depolymerization production and development facility in Terrebonne, Québec. Through strategic partnerships, it is developing an industrial manufacturing facility in Gujarat, India, via an equity joint venture, alongside a licensed facility located in Schwarzheide, Germany. Loop Industries coordinates its operations across these international ventures from its base in Canada.

Summary of the business section of Loop Industries's latest annual report, written by StockData.

Company profile

Company

Legal name
Loop Industries, Inc.
Founded
2010
Headquarters
Terrebonne, A8
Address
480 Fernand Poitras J6Y 1Y4
Phone
(450) 951-8555
Employees
41, Feb 28, 2026
Industry
Chemicals & Allied Products
Incorporated in
Nevada
Fiscal year ends
February 28
Auditor
PricewaterhouseCoopers LLP, Montreal, Canada

Stock & identifiers

Ticker
LOOP
Exchange
Nasdaq
IPO date
Nov 20, 2017
Shares outstanding
49M, Oct 15, 2026
Public float
$39.50M, Aug 29, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
SEC CIK
1504678
CUSIP
543518104
ISIN
US5435181046
FIGI
BBG003FMFRS2
Share class FIGI
BBG003FMFSJ0
LEI
254900CRCCF0BCRSOJ92
EIN
27-2094706

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Daniel SolomitaChief Executive Officer, Director20,015,516
Spencer HartChief Financial Officer, Director410,370
Giovanni CatinoChief Revenue Officer529,455
Adel EssaddamChief Operating Officer22,497
Notaris Mike DeInterim CFO20,828
Nicolas LafondInterim CFO199
Jeffrey Richart GeyganDirector3,559,057
Laurence G. SellynDirector587,711
Jay Howard StubinaDirector593,178
Laurent AugusteDirector241,829
Louise S. SamsDirector259,678

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2026$1.51M$1.66M$664.64K$98–
FY2025$444.77K-$3.18M$263.76K$42–
FY2024$566.59K$1.65M$1.26M$121–
FY2023$582.46K-$9.94M$221.54K$37–

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2026

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsOption awardsIncentive payOtherTotalvs. prior year
Daniel Solomita
Chief Executive Officer
$431.69K–$1.06M–$12.00K$1.51M+171%
Adel Essaddam
Chief Operating Officer
$180.20K–$321.60K––$501.80K+52%
Spencer Hart
Chief Financial Officer
$30.77K$698.40K–$9.17K–$738.36K–

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of February 28, 2026 , we had 41 employees of which 17 work in research and development, 15 in engineering and operations, and 9 in administrative functions.”

Corporate history

Events identified from SEC filings

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