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Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s):  ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The Company’s product lines include patented and patent pending products which are developed using naturally occurring minerals and the urban mining of recycled materials. Its products are available in over 10,000 retail stores across North America. It focuses on reducing the carbon footprint of the global cement industry by developing sustainable alternatives to traditional cement. Its mineral based products include Activated Barn Fresh, Can Blast Abrasives, CAN DRY, Fresh Coop Odour Control and Red Lake Earth, among others. Its operating mines include Red Lake Mine and Bud Bentonite Clay Mine.


TSXV:PLAN - Post by User

Comment by Benedictuson Mar 01, 2023 10:17pm
64 Views
Post# 35314116

RE:IMO Why The Snail's Pace

RE:IMO Why The Snail's PaceI may be in the minority here but I don't expect much improvement relative to the prior quarter. They're clearly breathing new life into the legacy side of the business, which is a sign of a smart and very motivated management team. So, topline should continue to show perhaps  5- 10% sequential growth this year. If they can execute toward mid to high 30's GM's that would be exceptional for the legacy side. The Agritech and SCM lines of business are basically in trial phases for 2023 so unless they have significant tolling demand heading into planting season, I'm not expecting  a major revenue bump, just nice steady growth with increasing cash flow to funnel into the blue sky opportunities.
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