|
|
|
|
|
Loop Energy Reports Fourth Quarter & Year End 2023 Results, Postpones Special and Annual Shareholder Meeting
|
Burnaby, BC, April 10, 2024--Loop Energy has reported consolidated financial results for the fourth quarter and full year ending December 31, 2023. The company reported sharply lower full year 2023 revenues of $2.1 million, down 36% YoY, against operating costs of $23.6 million, resulting in net losses of $23.6 million. The company also reported a sharply lower cash and cash equivalents balance of $2.9 million, compared to $24.5 million in the prior year.
|
|
|
|
|
|
|
|
|
|