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Bullboard - Stock Discussion Forum 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... see more

TSXV:PLAN - Post Discussion

Progressive Planet Solutions Inc > PLAN domestic vs US sales
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Post by 15Stanmore on Nov 26, 2024 1:30am

PLAN domestic vs US sales

Checking the 2024 Financial Statements, Note 26 gives the breakdown of sales between domestic and the US:
 
                                  2024             2023
 
Canada                8,723,231        9,635,484
USA                    10,903,067        9,907,804
 
Total                   19,626,298       19,543,288
 
So US sales were 50.7% of PLAN's total sales in 2023, increasing to 55.6% in 2024.

The falling Canadian dollar has had and will continue to be a tailwind in the shifting importance of PLAN's exports to the US market.
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