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.

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PyroGenesis Inc > Q3/23 Prediction -$7 Million Revenue

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Comment by StairwayToon Oct 23, 2023 8:24am

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Post# 35695838

RE:Q3/23 Prediction -$7 Million Revenue

$7M at 45% GM = $3,150,000 gross margin and their quartely expenses are around $8M, how do you come to a breakeven? It's more like a loss of $3.85M.
Breakeven is about $25M/Q at a 30% GM

BIGMOE wrote: I am predicting that we will Q3/23 revenue will be $7 Million and 45% margin.

$7 million breakdown is as follows:

$4 million from Ti Powder delivery of 5,000 kg

$3 million from all other businesses

I think we will break even in the quarter.