Canada · Delayed Price · Currency is CAD 5N Plus Earnings Call Transcripts
Fiscal Year 2026
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Q1 2026 saw robust revenue and margin growth, driven by specialty semiconductors and strong pricing in performance materials. Guidance for the year is maintained, with ongoing capacity expansion and disciplined execution amid inflationary and operational risks.
Fiscal Year 2025
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Record 2025 results featured 35% revenue growth and 73% higher Adjusted EBITDA, driven by strong Specialty Semiconductors and Performance Materials segments. 2026 guidance targets $100–$105 million Adjusted EBITDA, with margin pressure expected but robust demand and capacity expansions supporting growth.
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Q3 delivered record revenue, margins, and EBITDA, driven by strong demand in renewable energy and space sectors. 2025 Adjusted EBITDA guidance was raised to $85–$90 million, with robust backlogs and a solid balance sheet supporting future growth.
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Record Q2 and first half 2025 results driven by strong demand in specialty semiconductors and performance materials, with a major supply agreement expansion with First Solar. Adjusted EBITDA guidance for 2025 was raised to $65–$70 million, reflecting sustained growth momentum.
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Record Q1 revenue and EBITDA growth were driven by strong demand in renewable energy, space solar, and bismuth-based products, with both segments contributing and margins expanding. Capacity investments and expanded credit facilities support continued growth, while guidance for 2025 remains unchanged.
Fiscal Year 2024
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Record 2024 results with Adjusted EBITDA up 39% to $53.3M and revenue up 19% to $289.3M, driven by Specialty Semiconductors. 2025 EBITDA guidance raised to $55–$60M amid strong demand and capacity expansions, while inflation and trade uncertainties impact long-term outlook.
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Q3 2024 saw 25% revenue growth and a 62% rise in Adjusted EBITDA, with both specialty semiconductors and performance materials segments delivering strong results. Capacity expansions are underway, and 2024 Adjusted EBITDA is expected to slightly exceed $50 million.
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Q2 2024 saw robust revenue and Adjusted EBITDA growth, led by specialty semiconductors for renewable energy and space, with a renewed First Solar agreement and major capacity expansions underway. Backlog reached near-record levels, and full-year guidance was reiterated at the upper end.