Progressive Planet is pleased to announce it has been awarded a $1,140,000 grant from the British Columbia Innovative Clean Energy Fund, supporting the continued development of its revolutionary PozGlass™ pilot plant. PozGlass™ represents a breakthrough in low-carbon cement technology, transforming post-consumer glass into a high-performance supplementary cementitious material . This funding represents another [...]
- Progressive Planet reports highest cash on hand ever - Receives $1.56 million of grant funding for pilot plant - Gross margin impacted by several one-time expenses and events Progressive Planet Solutions Inc. is pleased to announce its financial results for its third quarter ending on January 31, 2025. The Company was profitable in the current quarter and continued to grow to its cash position from operational cash flow [...]
Progressive Planet is proud to announce up to $4,636,468 in funding to support the construction of a pilot plant to produce PozGlass™, a low-carbon supplementary cementitious material derived from post-consumer glass. This funding from Sustainable Development Technology Canada covers a four-year period. The first tranche of $1,555,682 was received by Progressive Planet on January 31, 2025. "PozGlass™ is our [...]
Progressive Planet Solutions Inc. is pleased to announce that it has commenced its investments in robotics as part of a systematic, phased approach to modernizing its plant operations. Progressive Planet recently completing a planned shutdown of its plant to upgrade its legacy PLC system with a modern one. This upgrade laid the foundation for further investments in robotics and automation. The first phase of plant [...]
Progressive Planet Solutions Inc. reports that, further to its news release dated November 20, 2024, due to the ongoing Canada Post strike, the mailing of the Management Information Circular, Notice of Meeting, proxy form or voting instruction form for the upcoming Annual General Meeting, to be held on January 9, 2025 at 1:30 p.m.at Suite 700, 401 West Georgia, Vancouver, BC, may be delayed. The Company has satisfied all [...]
Progressive Planet reports gross margin of 38.6%, its highest ever Operational income surged to $1.05 million in Q2, up from $257K in the same period last year Rising profitability allows recognition of deferred income tax assets on the balance sheet Progressive Planet Solutions Inc. is pleased to announce its financial results for its second quarter ending on October 31, 2024. The Company's implementation of its cost [...]
Progressive Planet Solutions Inc. announces that its annual general meeting of the shareholders which was originally scheduled to be held on December 19, 2024 will now be held on January 9th, 2025 at 1:30pm in Vancouver, BC. There will be no change to the November 15, 2024 record date. The meeting is being rescheduled due to the ongoing Canada Post strike, and the Company would like to avoid any delay in the mailing of [...]
Over $2.5 million cash in bank on October 31, 2024, the end of Fiscal Q2 Underutilized long term industrial lease sold for $1.23 million in October 2,735,000 shares repurchased and cancelled from June to October 2024 696,000 shares purchased in October 2024 Progressive Planet Solutions Inc. reports on its third month of the normal course issuer bid activity. On June 3, 2024, Progressive Planet announced that the TSX [...]
531,000 shares purchased at below book value in August 2024 2,039,000 shares repurchased from June to August 2024 All purchased shares have been cancelled Progressive Planet Solutions Inc. reports on its third month of the normal course issuer bid activity. On June 3, 2024, Progressive Planet announced that the TSX Venture Exchange had accepted its notice to proceed with a normal course issuer bid. During the month of [...]
Progressive Planet Solutions Inc., a manufacturer of products for a healthy planet, announced that it will be presenting and participating in 1x1 meetings at the Planet MicroCap Showcase: VANCOUVER 2024 in association with Small Cap Discoveries on Thursday, September 26, 2024 at 2:00 PM . Steve Harpur will be hosting the presentation and answering questions at the conclusion. To access the live presentation, please use [...]
improves to $743K from $ in prior year Progressive Planet reports first profitable Q1 since 2022 acquisition of Absorbent Products Changes in operations and product offerings result in 19.1% gross profit increase from Q1 2024 to Q1 2025 Progressive Planet Solutions Inc. is pleased to announce its financial results for its first quarter ending on July 31, 2024. "In fiscal year 2024, which ended on April 30, 2024, we [...]
EBITDA improves to $1.355 million from $308,000 and operating cash flow increases to $2.57 million from $1.61 million After a year of rebuilding, Progressive Planet Solutions Inc. announces its audited financial results for the year ending April 30, 2024. "Fiscal 2024 was a year of implementing cost controls while preparing for long term growth. Our year-over-year increase in gross margin, coupled with significant [...]
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