Loop Industries (LOOP) R&D In Process (2020 - 2023)

Loop Industries (LOOP) has 4 years of R&D In Process data on file, last reported at $2.2 million in Q1 2023.

• For the quarter ending Q1 2023, R&D In Process fell 68.29% year-over-year to $2.2 million; the trailing twelve-month figure through Feb 2023 stood at $17.3 million (down 37.46% YoY), and the FY2023 full-year result was $17.3 million, down 37.46% from the prior year.
• R&D In Process for Q1 2023 stood at $2.2 million, down from $4.6 million in the prior quarter.
• Across five years, R&D In Process topped out at $8.6 million in Q2 2021 and bottomed at $2.2 million in Q1 2023.
• The 4-year median for R&D In Process is $5.8 million (2020), against an average of $5.4 million.
• The widest annual swing landed in 2021, when R&D In Process surged 92.23%; it then tumbled 68.29% in 2023.
• A 4-year view of R&D In Process shows it stood at $6.3 million in 2020, then grew by 8.94% to $6.8 million in 2021, then sank by 32.97% to $4.6 million in 2022, then sank by 51.7% to $2.2 million in 2023.
• The last three R&D In Process figures came in at $2.2 million (Q1 2023), $4.6 million (Q4 2022), and $3.8 million (Q3 2022), per Business Quant data.

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