Close The Loop

Melbourne, Australia Founded: 2001 • Age: 25 yrs Listed
Recycling services are delivered to businesses across Australia.

About Close The Loop

Close The Loop is a company based in Melbourne (Australia) founded in 2001 by Steve Morriss. Close The Loop has completed 2 acquisitions, including Alliance Paper and ISP TEK Services. Close The Loop offers products and services including TonerPlas®, rFlex®, and Battery Program. Close The Loop operates in a competitive market with competitors including ProActive ink, LVL, Environmental Reclamation Services, Cartridge Evolution and RecoupNow, among others.

  • Headquarter Melbourne, Australia
  • Founders Steve Morriss
  • Stage Public
  • Sectors
    Environment
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website closetheloop.com.au
  • Social LinkedIn X Facebook
  • Legal Name Close The Loop Ltd.
Key Metrics
  • Annual Revenue
    $86.52 M (USD)
    -35.63
    as on Jun 30, 2026
  • Net Profit
    -$72.54 M (USD)
    -374.75
    as on Jun 30, 2026
  • EBITDA
    $11.74 M (USD)
    -79.54
    as on Jun 30, 2026
  • Investments & Acquisitions

Products & Services of Close The Loop

Close The Loop offers a comprehensive portfolio of products and services, including TonerPlas®, rFlex®, and Battery Program.

TonerPlas®
Asphalt Additive

Additive from recycled materials for durable asphalt roads.

rFlex®
Plastic Resin

Resin made from post-consumer plastic for new packaging.

Battery Program
Recycling Service

Safe collection and recycling of batteries for sustainability.

People of Close The Loop

2 people are tracked at Close The Loop (2 in leadership).

NameRoleGroup
Steve Morriss
FounderLeadership
Rob Parry Jones
CEOLeadership
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IPO & Listings of Close The Loop

Close The Loop is a publicly listed company on the ASX with ticker symbol CLG in Australia, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date02 Dec 2021
  • Listed onASX: CLG
  • Listed entityCLOSE THE LOOP LTD.
  • Exchange sectorIndustrial services
  • ISINAU0000186504
  • Share price0.04 AUD (-7.32% on the day) · 2026-10-09
  • Market capitalisation24,358,135.00 AUD
  • EPS (diluted, trailing year)-0.20 AUD
  • Volume (last session)565,138

Financials of Close The Loop

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2026125.6M AUD-105.3M AUD17.0M AUD
2025195.1M AUD-22.2M AUD83.3M AUD
2024209.0M AUD10.9M AUD39.4M AUD
2023135.9M AUD12.1M AUD22.4M AUD
202270.1M AUD4.6M AUD9.3M AUD
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Detailed financial statements for Close The Loop

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Investments & Acquisitions by Close The Loop

Close The Loop has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Alliance Paper and ISP TEK Services.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Desktop, monitors, printers, and other hardware products are supplied.
isptekservices.comSouthlake, United States2021Mar 2023••••
Thermal papers, receipt rolls, and food-grade wraps are supplied domestically.
alliancepaper.com.auWacol, Australia2015Jul 2022$1M
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Timeline of Close The Loop

4 dated milestones of Close The Loop across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Close The Loop is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Alliance Paper.
  4. Acquisition Acquires ISP TEK Services.

Competitors of Close The Loop

Close The Loop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ProActive ink, LVL, Environmental Reclamation Services, Cartridge Evolution and RecoupNow, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
proactiveink.com2004Owen Sound, Canada––
Provides printing ink recycling services for businesses.
lvl.fr1998La Chevroliere, France––
Print cartridge waste recycling services are provided in France.
ersusa.com1990Erie, United States––
Electronics gadgets and printer recycling company
cartridge-evolution.com2010Brooklyn, United States––
Delivers comprehensive waste recycling services for sustainable solutions.
recoupnow.com2004United Kingdom–1
Specializes in recycling printer cartridges for sustainable waste management.
zeropointzp.xyz1998Bengaluru, India––
Specializes in cartridge and toner recycling.
ecompatibile.com2021Karlovac, Croatia––
Delivers comprehensive services for printer waste recycling and management.
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Web traffic of Close The Loop

The website of Close The Loop (closetheloop.com.au) receives about 6.1K visits a month.

  • Monthly visits
    6.1K

    ▼ 9.6% vs previous month

Latest news on Close The Loop

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Similar companies to Close The Loop

10 companies that operate in the same segment as Close The Loop (Waste & Water Management Systems), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Wastewater and energy management services are provided internationally.
1853Aubervilliers, Seine-saint-denis, France–USD 52.17 B215,040
Sustainable infrastructure solutions in renewable energy are developed and managed.
1931Alcobendas, Comunidad De Madrid, Spain–USD 1.9 M44
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture
2010Pune, Maharashtra, IndiaUSD 76.38 MUSD 56.11 M702
Waste collection and management services are provided nationwide.
1968Houston, Texas, United States–USD 25.2 B61,700
Integrated waste management services are provided nationwide.
1998Phoenix, Arizona, United States–USD 16.59 B42,000
Provider of smart water purifier rental and maintenance services
2016Bengaluru, Karnataka, IndiaUSD 19.29 MUSD 3.62 M–
Sensor-based sorting and recycling solutions are provided for multiple industries.
1972Asker, Viken, Norway–USD 1.53 B4,950
Smart water dispensers with flavored options are provided for offices.
2013Boston, Massachusetts, United StatesUSD 135.53 M–102
Surplus goods are shared among neighbors through a mobile app.
2015London, England, United KingdomUSD 51.2 M––
Water and waste treatment services are provided worldwide.
1966London, England, United Kingdom–USD 4.18 B9,750
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Frequently Asked Questions about Close The Loop

Close The Loop was founded in 2001.

Close The Loop is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Rob Parry Jones is the current CEO of Close The Loop.

Annual revenue of Close The Loop is $86.52M as on Jun 30, 2026.

Close The Loop was founded in 2001 in Melbourne, Australia, within the environmental services sector. Operations involve the collection, processing, and recycling of waste materials for commercial and industrial clients. Services encompass end-to-end recycling solutions, including material recovery and compliance support. The company maintains a focus on sustainable practices, with leadership provided by founder Steve Morriss and CEO Rob Parry Jones, serving primarily Australian markets.

Close The Loop's top competitors include Environmental Reclamation Services, LVL and ZERO POINT.

Close The Loop offers TonerPlas®, rFlex®, and Battery Program.

Yes, Close The Loop is publicly traded on ASX under the ticker symbol CLG.

Close The Loop has made 2 acquisitions, including Alliance Paper, and ISP TEK Services.

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