PyroGenesis Inc T.PYR

Alternate Symbol(s): PYRGF

Industrials Technology

PyroGenesis Inc., formerly PyroGenesis Canada Inc., is a Canada-based high-tech company. The Company is engaged in the design, development, manufacture and commercialization of advanced plasma processes and sustainable solutions which reduce greenhouse gases (GHG). The Company has created proprietary, patented and advanced plasma technologies that are used in four markets: iron ore palletization, aluminum, waste management, and additive manufacturing. It provides engineering and manufacturing expertise, contract research, as well as turnkey process equipment packages to the defense, metallurgical, mining, additive manufacturing (including 3D printing), oil and gas, and environmental industries. Its products and services include plasma atomized metal powders, aluminum and zinc dross recovery, waste management, plasma torches, and innovation/custom process development. It offers PUREVAP, which is a high purity metallurgical grade silicon and solar grade silicon from quartz.

TSX:PYR - Post by User

PyroGenesis Inc

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Comment by Pitpitcolisseon Sep 08, 2020 11:14am

172 Views

Post# 31520147

RE:RE:RE:RE:RE:RE:Please stop comparing to TSLA

You have to know that there also about only 1.2M from the 7M paiements received from Drosrite considered as revenue. The rest was liability, as they could not count it as revenue based on % of execution of project. Future guranteed revenues they are in fact.. So yes they are profitable with income as we speak.

BCdude wrote: Dude, go and check the latest income statement. They are only "profitable" because of the increase in their INVESTMENTS. That doesn't mean a large torch deal won't make them profitable in terms of INCOME by yearend. In fact, I would expect it. But you need to be able to look at financial statements and differentiate between various types of "earnings." I don't think they are planning to sell those investments, so they are "earnings" of a different kind. They had a net LOSS from OPERATIONS of $1.9 million.

I'm not a PYR basher. I own shares and am looking forward to being a longtime shareholder -- assuming the share price doesn't get into crazy territory. Which I hope it doesn't, because I really don't want to sell.

kingscorpion wrote:

BCdude wrote: I should add here that profitability is also a bit of a misnomer. If you look at the Q2 financial statements, the only reason PYR was profitable was because of an increase in their INVESTMENT holdings, which are not the same as income or cash flow.

In the first six months of 2020 the company's net LOSS from OPERATIONS was $1.9 million.

If they sign this large torch deal I would of course expect profitability by all measures, but as of yet they are not profitable in terms of INCOME.

vers1demainvert wrote: LOL... Quite right CndBacon, and PYR will become ever more profitable very soon. I agree we should compare with better than TSLA.

CndnBacon wrote: Absolutely agree with you.....PYR is actually profitable, terrible comparrison....

Ahlavanthan wrote:
Anyone using TSLA as a comparison to value PYR should first declare that they know nothing and then go ahead and post their nonsense. Please and thank you.

Another stupid E/S 2ND QUARTER WAS .07C YEAR END PROFITABILITY IS EXPECTED TO BE OVER .11C /SHARE