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Progressive Planet Solutions (PLAN) investor relations material
Progressive Planet Solutions Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly revenue of $7.3M for Q1 2027, a 23% increase year-over-year.
Gross profit rose 10% to $2.5M, while gross margin declined to 34% from 39% in Q1 2026.
Income from operations increased 29% to $924K; net income fell 31% to $1.1M.
Financial highlights
EBITDA decreased 7% to $1.35M; Adjusted EBITDA rose 6% to $1.48M, reflecting exclusion of non-recurring items.
Capital investment totaled $654K, including $391K for PozGlass pilot plant expansion.
Grant proceeds of $190K and $234K recognized for capital and non-capital pilot plant costs, reducing cash outlay.
Outlook and guidance
Four major capital projects targeted for completion by fiscal year end (April 30, 2027), including PozGlass Phase 2 and new production lines.
Continued significant investment planned to finish these projects.
- Record revenue and margin growth achieved, with major investments fueling future expansion.PLAN
Q4 2026 - Scaling eco-friendly innovations and production to capture growth in cement and consumer markets.PLAN
Investor presentation - Record Q3 revenue up 22% year-over-year, with strong demand and major growth investments.PLAN
Q3 2026 - Strong revenue growth, new product launches, and strategic partnerships drive expansion.PLAN
Investor presentation - EBITDA and cash flow surged, with cost controls and investments setting up for future growth.PLAN
Q4 2024 - Profitability achieved in Q1 with higher margins and EBITDA, despite lower revenue.PLAN
Q1 2025 - Record profitability in Q2 with strong margins, higher cash, and deferred tax asset recognition.PLAN
Q2 2025 - Q3 saw record cash, lower profits, and new robotics investment for future cost savings.PLAN
Q3 2025 - Record net income and cash flow achieved, with strong margin and EBITDA growth year-over-year.PLAN
Q4 2025
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