On this page of Benford's Law Stocks.com we present our study of Loop Industries, Inc. — ticker symbol LOOP. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 10/15/2021 to 5/29/2024 for Loop Industries, Inc. under CIK number 0001504678. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for LOOP, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Loop Industries, Inc. based on the past LOOP filings our system processed in the past.
26.8
16.8
13.1
10.9
8.5
5.4
8.9
7.2
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, LOOP stockholder letter ]
Total numbers found: 626
Recent share count: 47,528,908 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
626
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
60

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was above the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
 • We deducted points upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 8's percentage was above the company's typical historical range.
 • We deducted points upon observing the 9's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 9's percentage was below the company's typical historical range.
Benford's Law Stocks Indicator
LOOP
Low score compared to other filers, falling in the bottom quartile.
IKNA
IVCB
MRUS
NVIV
ISTR
LASR
MANH
NRDS
Check our work! We provide our Loop Industries, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the LOOP filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 168 numbers that start with the digit 1. Here they are:
1570000
12.00
11
1,000
1,075
102
10,636
1,548
1,210
1,012
100
171,792
170,370
176,970
155,883
1,070
1,141
14,142
153
173
11,379
17,346
16,683
189
1,045
1
170,370
155,883
1,141
1
171,792
176,970
1,070
14,142
1
150,397
134,582
1,316
1,316
1,045
1,045
1
170,370
155,883
1,141
1,422
10,086
16,683
156
187
193
18,034
12
1,012
1,012
120
13,471
118
170
160
1,075
1,979,978
18
102
128
1,827
1,456
1,853
1,472
162
113
12,641
10,636
1,822
1,513
1,839
1,166
140
134
1,615
1,074
16,683
1,074
16,683
1,514
1,154
1,996
1,514
140
148
1,548
1,210
148
1,020
133
1,000
191
158
183
100
1,628
1,354
1,762
1,750
139
11
15,153
11
17,180
11
100
1
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
1,000,000
1,400,000
1,400,000
1,000,000
1,142
1,199
11,379
17,346
11,224
1,157
1,323
1,000,000
1,570,000
10,000
1,810,000
1,670,000
12
1,810,000
1,670,000
1,316
151,605
11.72
10.34
1,635,241
1,563,497
1,000,000
1,337
1,000,000
1,500,000
1,500,000
120,486
1,043,705
1,500,000
1,123,605
120,486
16.65
11,659,418
14.44
11.00
16.65
16.65
15.00
17,180
11.00
16.65
189
15,075
12,895
1,435
18,278
1,914
We found 105 numbers that start with the digit 2. Here they are:
25000000
250000000
200000
200000
2782000
2.68
29,591
2,545
20,553
2,321
2,510
2,421
25,000,000
250,000,000
20,385
20,385
20,553
20,429
21,902
21,087
21,301
21,016
22,346
20,385
21,087
21,087
20,385
21,301
21,301
20,385
21,087
21,301
238
2,262
22,314
21,279
23,633
2,579
2,772,000
2,542,000
263
250
2,519,195
242
226
226
275
2,005
225
225
274
2,545
22,314
22,762
22,314
222
231
231
274
272
2,321
2,510
238
261
2.36
291
2.36
2,579
2,579
200,000
200,000
2,000,000
2,353
2,318
2,581
2,928
2,680
20,429
2,542,000
240,000
2.68
2,772,000
2,542,000
2.68
240,000
2,772,000
2,542,000
2.68
2.93
200,386
200,386
2,357,407
20.00
238
21,087
21,301
21
21
202
22,765
214
2,253
235
235
2,519
We found 82 numbers that start with the digit 3. Here they are:
351
3,395
36,424
381
381
3,584
3,220
3,240
33,736
38,325
316
33,736
30,272
33,736
34,892
360
30,591
30,591
3,888,618
351
362
348
333
34
3,395
371
381
309
387
360
379
3,320
3,377
3,302
3,280
381
381
3,353
3,380
3,320
3,302
3,220
3,240
3,390
34
3.95
339
37
3.36
3,511
3,400,000
3,400,000
3,273
318
3,223
3,594
3.11
3.11
380,000
380,000
3.11
3.61
3.88
3,888,618
3,888,618
3,000,000
34
33
367
37,472
38,122
304
3,569
38,990
33,996
320
320
38,581
33,676
38,581
33,676
3.1
4's 5's 6's
We found 68 numbers that start with the digit 4. Here they are:
47469224
47528908
47388056
4133720
4.51
47,538,745
40,560
47,528,908
47,469,224
40,560
41
41
44
45
47,522,483
47,418,949
47,469,224
47,528,908
47,388,056
45,996
47,469,224
4,563
482
44,062
488
41
4,368,897
461
402
46
42
432
467
449
4,160
49
459
4,335
448
4,335
482
410
4,000,000
4,000,000
4,000,000
400,000
47,469,224
47,528,908
47,388,056
47,469,224
4,216
4,288
480,000
490,000
4,018,567
4,368,897
4,570,018
4,714,813
41
4,427
4,473
4,296
4,653
4,905
4,347
4,428
409
409
We found 53 numbers that start with the digit 5. Here they are:
5000
5.25
5.69
54,447,740
577
5
5
535
550
558
5
51,963
5
5
5
535
550
548
594
5,162
5,644
50
510
56
522
552
5,065
545
577
51
511
50
5.45
5
51,963
5
5
5
51,963
5,133
5.27
5.10
5.27
5.25
585,364
5.14
51,963
53,122
5.56
542
5
53,122
546
We found 34 numbers that start with the digit 6. Here they are:
6,958
636
62
6,411
6,824
63
644
644
696
63
6,958
6,958
636
673
69
602
62
69
682
682
682
682
683
670
6.87
6.53
6.84
644
6.53
6.22
6.29
6,012
67,617
616
7's 8's 9's
We found 56 numbers that start with the digit 7. Here they are:
727
7,988
770
71
7,721
778
778
71
71
79
731
727
75
7,089,400
7,089,400
75
70
765
727
73
770
770
712
762
71
70
78
74
7.74
7,740
7,721
7,721
7,805
751
7,740
700,000
700,000
73
73
7.09
7.42
7.09
778
7,740
7,740
7,089,400
7,089,400
7,089,400
7,089,400
79
70
740
762
70,747
7,471
7,869
We found 45 numbers that start with the digit 8. Here they are:
80
8000
81,168
8,770
8,770
817
87
81
870
837
817
817
8,460
8,460
8,460
8,460
801
8.20
8
84
84
86
800,000
800,000
81,168
81,168
817
80
80
8.66
81,168
8,770
880
8,749
825,364
848,244
84
86
8,406
83,073
89,532
8,006
859
895
838
We found 15 numbers that start with the digit 9. Here they are:
992721
9,988
96
9,887
9,887
9,537
91
91
91
96
9,988
972,000
972,000
972,000
9,506
While the above LOOP 10K Filed 5/29/2024 is interesting in isolation, we have found that it is also useful to take a look at older Loop Industries, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 5/29/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical LOOP 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

26.8
16.8
13.1
10.9
8.5
5.4
8.9
7.2
2.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 60
XBRL?   [ original filing ]
Total numbers found: 626

= Typical LOOP range from 10/15/2021 to 5/29/2024
32.5
15.2
12.2
12.0
9.8
5.0
6.5
4.2
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 400

= Typical LOOP range from 10/15/2021 to 5/29/2024
28.9
15.6
15.6
15.0
6.2
4.6
4.4
5.6
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 585

= Typical LOOP range from 10/15/2021 to 5/29/2024
30.8
18.3
13.0
12.0
7.3
5.8
3.5
4.9
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 656

= Typical LOOP range from 10/15/2021 to 5/29/2024
28.9
17.0
9.2
14.0
10.1
7.4
4.8
5.1
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 584

= Typical LOOP range from 10/15/2021 to 5/29/2024
29.6
15.8
12.8
13.8
7.1
4.6
6.4
5.3
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 658

= Typical LOOP range from 10/15/2021 to 5/29/2024
34.2
13.8
15.1
14.1
6.1
4.5
4.0
4.5
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 377

= Typical LOOP range from 10/15/2021 to 5/29/2024
28.4
13.9
14.8
12.6
7.6
6.2
3.9
6.9
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 595

= Typical LOOP range from 10/15/2021 to 5/29/2024
30.6
17.1
11.9
14.1
8.6
5.2
5.0
4.1
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 555

= Typical LOOP range from 10/15/2021 to 5/29/2024
29.5
17.0
14.6
15.1
7.7
4.3
3.3
4.4
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 610

= Typical LOOP range from 10/15/2021 to 5/29/2024
28.7
17.0
13.6
12.8
8.3
5.1
4.9
4.6
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 648

= Typical LOOP range from 10/15/2021 to 5/29/2024
 

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