Progressive Planet Solutions Inc.

Progressive Planet Solutions Inc.

0.34
CAD
+0.00
(-1.47%)
0.01EPS
29.85P/E
39.71MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
0.06
0.2
0.18
0.18
0.21
0.21
Basic EPS, GAAP
-1.43
-0.37
-0.27
-0.27
-0.1
-0.07
-0.07
-0.06
-0.05
-0.01
- -
0.02
0.01
0.01
Free Cash Flow per Basic Share
-0.61
-0.14
-0.13
-0.4
-0.1
-0.08
-0.04
-0.05
-0.04
-0.01
0.02
0.04
-0.02
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.16
-0.24
-0.13
0.21
0.18
0.12
0.05
0.06
0.11
0.12
0.12
0.13
0.14
0.14
Tangible Book Value per Share
-0.16
-0.24
-0.13
0.21
0.18
0.12
0.05
0.06
0.11
0.12
0.12
0.13
0.14
0.14
Basic Weighted Avg Shares
1
1
2
5
11
17
24
42
69
99
110
111
110
110
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
4
20
20
20
23
23
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-104.11
-4.12
3.78
10.61
10.62
11.87
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
1
1
Net Income, GAAP
-1
- -
-1
-1
-1
-1
-2
-2
-3
-1
- -
2
1
1
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
27.04
22.46
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
-85.85
-5.96
-2
8.55
4.46
5.71
Working Capital
- -
-1
-1
- -
- -
- -
- -
1
3
2
3
6
3
3
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
10
9
9
7
7
7
Total Equity
- -
- -
- -
2
2
3
1
4
10
13
13
14
16
16
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.27
5.6
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.75
7.1
Return on Common Equity (%)
- -
- -
- -
- -
-51.63
-47.33
-81.73
-95.27
-48.93
-10.29
-3.05
12.2
6.87
8.79

Capital Structure

CAD

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
ST Debt
- -
- -
- -
LT Borrowings
6
5
5
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
110
110
110
Market Capitalization
32
42
40

Working Capital

CAD

•

in mil. unless spec.
Oct'26
Jan'26
Apr'26
Total Current Assets
7
6
7
Cash, Cash Equivalents & STI
3
2
2
Accounts Receivable, Net
1
1
2
Inventories
3
3
2
Total Current Liabilities
3
3
4
Payables & Accruals
2
2
3
ST Debt
- -
- -
- -
Deferred Revenue
1
- -
1

Growth Rates

CAD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-23.36%
45.44%
9.56%
Free Cash Flow
36.42%
-59.7%
-146.08%
Net Income, GAAP
-46.92%
-131.25%
-37.96%
Sales/Revenue/Turnover
- -
- -
18.87%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
5
5
4
20
2025
5
5
5
5
20
2026
6
5
6
7
23

Quarterly Earnings Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.01
- -
0.01
0.02
2026
0.01
0.01
-0.01
- -
0.01

Quarterly Dividends Per Share

CAD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Stephen Harpur
Full Time Employees
9
Sector
Non-energy minerals
Industry
Precious metals
Address
724 East Sarcee Street Kamloops BC Canada V2H 1E7
IPO Date
Jul 26, 2007
Business
Progressive Planet Solutions Inc. is a Canadian manufacturer specializing in mineral-based products derived from diatomaceous earth, zeolite, and bentonite for agricultural, industrial, and consumer applications. The company operates strategic business units focused on developing sustainable, low-carbon, and carbon sequestering solutions, including revolutionary cement replacement products like PozGlass™, a glass-based supplementary cementitious material designed to reduce CO2 emissions and sequester carbon. Its diversified product portfolio encompasses poultry litter management products under the Activated Barn Fresh brand, glass blasting abrasives under Can Blast, low dust granular minerals as Can Dry for liquid spill absorption, insecticide powders under DE-CIDE and LAST CRAWL, odor control materials under Fresh Coop, zeolite soil conditioners under Green Patch, animal feed additives under Red Lake Earth, absorbents and deodorizers under Stall DRY for various animals, cat litters under Wundercat, and ice melt products under Diamond Glacier. The company’s products are sold in over 10,000 retail locations across North America. Founded in 2006 and headquartered in Kamloops, British Columbia, Progressive Planet also owns and operates mineral mines in Canada, including the Red Lake Mine and Bud Bentonite Clay Mine. In recent major developments, Progressive Planet has advanced its low-carbon cement replacement initiatives, including the launch of Gladiator SCM cement products and patent-pending PozGlass™ 100G, with proven high compressive strength and CO2 sequestration capabilities. The company secured up to $4.6 million in non-dilutive funding from Sustainable Development Technology Canada (SDTC) to build a pilot plant for PozGlass, along with grants from British Columbia’s Innovative Clean Energy Fund and energy efficiency incentives from FortisBC. In 2025, it signed a licensing deal with an international sorbent company to commercialize a lightweight litter recipe, further expanding its agricultural product offerings. Operational strategies include leveraging research and development efficiently with vertically integrated manufacturing processes and shifting towards higher-margin low-carbon solutions. Progressive Planet reported profitability improvements and continues to focus on expanding commercialization of its sustainable cement and agricultural products across North America. This comprehensive product and innovation strategy positions Progressive Planet as a leader in developing environmental stewardship solutions across construction, agriculture, and animal health sectors. The company trades on the TSX Venture Exchange under the ticker PLAN and on OTCQB as ASHXF.

Company News

  • Progressive Planet Solutions Inc. (PLAN:CA) Q4 2026 Earnings Call Transcript

  • Progressive Planet Solutions to Present & Participate in 1x1 Meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in Association with Small Cap Discoveries on Thursday, September 26, 2024

  • Progressive Planet Solutions sees profits soar in 3Q

  • Progressive Planet advances cement innovation with successful delivery of converted silica

  • Progressive Planet sells non-core equipment above market value

  • Progressive Planet exec leaves role to pursue MBA

  • Progressive Planet advances CleanTech agenda with PozGlass pilot plant funding

  • Progressive Planet monetizes existing IP with continuing royalty agreement

  • Progressive Planet secures grant to support continued IP creation and monetization

  • Progressive Planet achieves record revenue for 2Q

  • Progressive Planet says Bromley Creek quarry receives new five-year permit

  • Progressive Planet cuts costs; focuses on near-term projects

  • Progressive Planet launches new natural soil conditioner product

  • Progressive Planet boosts gross margin in 1Q fiscal 2024

  • Progressive Planet grows FY23 revenue more than five-fold in ‘foundational year'

  • Progressive Planet receives big revenue boost from pet brand reorder

  • Progressive Planet finalizes purchase deal with Lafarge Canada

  • Progressive Planet names Steve Gurney as president to lead commercialization phase of cleantech innovations

  • Progressive Planet slashes fertilizer use by 50% with new natural fertilizer CARBON PK

  • Progressive Planet secures repeat order for fertilizer ingredient