We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Loop Energy Inc | TSX:LPEN | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.04 | 0.025 | 0.025 | 0 | 01:00:00 |
VANCOUVER, BC, March 31, 2021 /PRNewswire/ -- Loop Energy (TSX: LPEN) today announced consolidated financial results for the fourth quarter and full year ending December 31, 2020. All amounts are in CAD dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).
"Over the course of 2020, Loop Energy continued to expand our fuel cell stack technology and experienced a very successful year in terms of customer engagements across a full range of our target markets," said Ben Nyland, President and CEO. "Between our deployments in California, China, and Europe, Loop is very proud to be one of only a handful of fuel cell companies with a global footprint and a diversified, dynamically expanding customer base. We believe we have the team, the technology, and the products to become a dominant player in the fuel cell market as it develops into more than a $50B opportunity over the coming decade."
Q4 2020 Financial Results Highlights
(all comparisons are to Q4 2019 unless otherwise noted)
Full Year 2020 Financial Results Highlights
(all comparisons are to full year 2019 unless otherwise noted)
Full Year 2020 Highlights
2021 Outlook and Investment
Q4 & Full Year 2020 Financial Summary
The Company will host a conference call at 11:00 a.m. EST on Wednesday, March 31 for a more detailed discussion of Loop Energy Inc. Q4 and full year 2020 results.
Dial-in by phone 5-10 min prior to the scheduled start time and ask to join the Loop Energy call:
Canada/USA TF: 1-800-319-4610
International Toll: +1-604-638-5340
Replay Access Code: 6551
The Company's financial statements and management's discussion & analysis are available at www.loopenergy.com/investors and www.sedar.com.
About Loop Energy Inc.
Loop is a leading designer of fuel cell systems targeted for the electrification of commercial vehicles, including, light commercial vehicles, transit buses and medium and heavy-duty trucks. Loop's products feature the Company's proprietary eFlow™ technology in the fuel cell stack's bipolar plates. eFlow™ was designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of fuel cell electric vehicles. For more information about how Loop is driving towards a zero-emissions future, visit www.loopenergy.com.
This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflect management's current expectations regarding future events. Forward–looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward–looking information. Such risks and uncertainties include, but are not limited to, the ability of the Company to execute on its strategy and the factors discussed under "Risk Factors" in the final long-form prospectus of the Company dated February 18, 2021. Loop disclaims any obligation to update these forward-looking statements.
Source: Loop Energy Inc.
Loop Energy Investor Contact: Darren Ready | Tel: +1.604.222.3400 Ext 302 | dready@loopenergy.com; Loop Energy Business Contact: George Rubin | Tel: +1.604.828.8185 | grubin@loopenergy.com; Loop Energy EMEA Contact: Luigi Fusi | +39.028457.3048 | luigi.fusi@loopenergy.com; Loop Energy Media Contact: Ashley Eisner | Tel: +1.212.697.2600 | aeisner@gscommunications.com
Copyright 2021 PR Newswire
1 Year Loop Energy Chart |
1 Month Loop Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions