Added to YB: 2026-02-12
Pitch date: 2026-02-10
PLAN.V [bullish]
Progressive Planet Solutions Inc.
-16.44%
current return
Author Info
TokStocks is a financial media platform that connects retail investors with real, unfiltered insight into the world of small-cap and emerging public companies. Sign up for the newsletter.
Company Info
Progressive Planet Solutions Inc., together with its subsidiaries, primarily engages in the acquisition and exploration of mineral properties in Canada and the United States.
Market Cap
CAD 36.9M
Pitch Price
CAD 0.36
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.52
P/E
22.25
EV/Sales
1.98
Sector
Metals and Mining
Category
growth
Progressive Planet Solutions (TSXV: PLAN): 2 Million Units, 10,000 Stores, and a Plan to Disrupt a $19 Billion Market
PLAN.V: Profitable BC mineral co ($20M rev, 38% margins, 31% insider-owned) mines own feedstock for cat litter/industrial products. Developing PozGlass™ patented cement replacement from recycled glass (sequesters CO₂) targeting $19B SCM market. FY25: $1.67M net income, +138% EBITDA. Q1 FY26 record $5.91M rev, 38.5% margins. 10yr Amrize offtake. Pilot plant Phase 1 by Mar'26, Phase 2 late'26. $7.6M non-dilutive govt funding. Trading 14x earnings, 11.6x EV/EBITDA pre-PozGlass optionality. Risks: execution delays, 3.5K tonne capacity vs massive market, cement industry adoption timelines, customer concentration, illiquid. Base biz grows'26, cement story unfolds'27+.
Read full article (12 min)