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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

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  • 15StanmoreX
Post by 15Stanmoreon Dec 15, 2024 11:44am
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Post# 36363059

PLAN Operating Results Analysis

PLAN Operating Results Analysis
I have previously shared the analysis which breaks out the consolidated operating results reported by PLAN in its quartery statements (Q1 and Q2 as set out below). Please note that these are indeed quarterly numbers - you need to add the two colums together to generate 6 month year to date totals. This does mean that the core manufacturing business, if operating alone without the impact of the 5 other "business units", would have reported almost a $2.5 million bottom line on $10 million of top line sales. 
 
                                                                Q2 2025                    Q1 2025
 
1. APL Operations                                 $1,626,877                  $829,834
 
2. APL Land holdings                            ($190,803)                 ($201,923)
3. Mineral properties                               ($71,737)                   ($60,634)
4. Exploration and evaluation assets      ($60,152)                   ($77,457)
5. Private companies                             ($661,925)                  ($39,417)
6. R&D expenditures                                ($18,762)                  ($77,039)
 
Total losses 2-6                                    ($1,003,379)               ($456,470)
 
Consolidated Results                               $623,498                  $373,364
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