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Neo Performance Materials Inc
(TSX:NEO)
Neo Performance Materials Inc (NEO) vs. iShares MSCI Canada ETF (EWC)
Neo Performance Materials Inc Business Overview & Revenue Model
Neo Performance Materials Inc Earnings Call Summary
Neo Performance Materials Inc Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 482.49M | 475.83M | 571.54M | 640.30M | 539.25M | 346.69M |
| Gross Profit | 135.97M | 123.96M | 108.73M | 149.37M | 150.53M | 80.33M |
| EBITDA | 24.72M | 24.54M | 23.67M | 74.92M | 57.99M | 18.29M |
| Net Income | -10.39M | -12.95M | -8.44M | 25.95M | 35.18M | -61.15M |
Balance Sheet | ||||||
| Total Assets | 652.47M | 653.25M | 627.00M | 676.46M | 594.08M | 486.54M |
| Cash, Cash Equivalents and Short-Term Investments | 80.34M | 85.49M | 86.89M | 147.49M | 89.04M | 72.22M |
| Total Debt | 93.22M | 71.40M | 29.42M | 50.00M | 9.48M | 5.97M |
| Total Liabilities | 247.37M | 248.37M | 191.69M | 198.82M | 163.57M | 123.06M |
| Stockholders Equity | 404.60M | 402.17M | 432.15M | 474.45M | 427.63M | 362.00M |
Cash Flow | ||||||
| Free Cash Flow | -55.19M | -12.67M | 19.88M | -13.77M | -11.63M | 2.46M |
| Operating Cash Flow | 2.68M | 51.53M | 61.62M | 3.70M | -2.16M | 10.07M |
| Investing Cash Flow | -31.54M | -59.42M | -59.12M | -17.43M | -7.01M | -7.36M |
| Financing Cash Flow | 5.58M | 13.12M | -62.04M | 74.79M | 26.20M | -17.91M |
Neo Performance Materials Inc Technical Analysis
Neo Performance Materials Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$1.39B | 30.83 | 21.38% | ― | 28.47% | 196.88% | |
64 Neutral | C$96.73M | ― | -72.52% | ― | -9.37% | 22.80% | |
61 Neutral | $10.31B | 6.29 | 0.74% | 2.95% | 3.36% | -36.41% | |
59 Neutral | C$718.14M | ― | -2.58% | 2.27% | 0.44% | -434.16% | |
55 Neutral | C$143.08M | ― | -3.15% | 2.67% | 2.58% | 92.55% | |
47 Neutral | C$253.54M | ― | -1.52% | ― | 39.78% | 72.34% | |
45 Neutral | C$114.84M | ― | -40.55% | ― | ― | 68.75% |
Neo Performance Materials Inc Corporate Events
Neo Performance Materials Inc. reported a strong financial performance for the second quarter of 2025, with a 42% year-over-year increase in Adjusted EBITDA. The company’s first-half results exceeded expectations, driven by robust demand in key markets and operational excellence across all segments, particularly in Magnequench. As a result, Neo has raised its full-year Adjusted EBITDA guidance to $64.0 to $68.0 million. The company’s European permanent magnet facility gained recognition at the G7 Summit, highlighting the importance of geographic diversification in supply chains. Neo also secured a new supply contract for permanent rare earth magnets with a European Tier 1 supplier, reinforcing its position as a preferred supplier in the industry.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. announced that it will release its second-quarter 2025 financial results on August 12, 2025, before the Toronto market opens. The announcement includes details for a webcast and teleconference for stakeholders to discuss the results. This release is significant as it provides insights into the company’s financial health and operational performance, which are critical for investors and stakeholders to assess Neo’s positioning in the market, particularly in the context of its role in advancing technologies for the net-zero transition.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. has secured a supply contract for rare earth magnets with a new European Tier 1 supplier and OEM customer, enhancing its position in the automotive industry. The magnets will be produced at Neo’s new facility in Narva, Estonia, which is the first sintered magnet plant outside Asia, focusing on European and North American markets. This partnership is expected to generate approximately $50 million in revenue and underscores Neo’s growing reputation as a preferred supplier in the EV sector.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. announced the results of its annual general meeting, where shareholders voted on various matters, including the election of directors and the re-appointment of auditors. All directors were elected with significant support, and KPMG LLP was re-appointed as the company’s auditor with overwhelming approval. This reflects strong shareholder confidence in the company’s leadership and financial oversight, potentially reinforcing its market position and operational stability.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$12.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. announced that its Made-in-Europe permanent magnet, produced in Estonia, was showcased at the 2025 G7 Summit by EU Commission President Ursula von der Leyen. This magnet, which meets the specifications of major automotive OEMs, highlights Neo’s commitment to providing a localized supply chain for critical materials in the automotive industry. The new facility in Estonia represents a significant milestone in Neo’s global expansion, marking progress in their magnetics operations and reflecting their technical expertise. This initiative is part of Neo’s broader strategy to scale magnet production across Europe and beyond, supporting diversified supply chains for rare earth magnetics.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. recently hosted the Prime Minister of Estonia at its new magnet facility in Narva, marking a significant step in its expansion within the European automotive and renewable energy supply chains. The facility’s establishment is part of Neo’s strategy to scale magnet manufacturing across Europe, leveraging its expertise in rare earth magnetics to build resilient global supply chains. The visit underscores the importance of Neo’s integrated rare earth separation and magnetics hub in Estonia, which aims to support rapidly accelerating markets and Neo’s growth plans.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. recently hosted the Prime Minister of Estonia at its new magnet facility in Narva, highlighting the strategic importance of the site for European automotive and renewable energy supply chains. The facility marks a significant milestone in Neo’s global expansion, aiming to build resilient supply chains for rare earth magnetics. The visit underscores Neo’s commitment to growth and collaboration with the Estonian government to enhance business operations and remove barriers, furthering its mission to scale magnet manufacturing across Europe and globally.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. has announced the filing of its management information circular for the upcoming annual general meeting of shareholders. The meeting will see the election of new board members, including Paul A. Mascarenas and Jonathan Evans, who bring significant expertise in automotive development and capital markets, respectively. The company is undergoing a board refreshment to align with its future business needs. The announcement marks a strategic move to strengthen the board’s capabilities, potentially enhancing Neo’s market position and shareholder value.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.
Neo Performance Materials Inc. has concluded a strategic review and decided to accelerate its current strategic plan, focusing on its leadership in rare earth magnetics and critical materials. The company aims to maximize shareholder value by optimizing its portfolio, enhancing capital efficiency, and expanding its operations in Europe and the US. This decision comes after evaluating potential en bloc sale opportunities, which were deemed risky due to geopolitical factors. Neo’s strategic direction includes scaling its European magnet operations, improving capital allocation, and exiting low-profitability businesses, thereby strengthening its market position and reducing exposure to rare earth price volatility.
The most recent analyst rating on (TSE:NEO) stock is a Buy with a C$11.00 price target. To see the full list of analyst forecasts on Neo Performance Materials Inc stock, see the TSE:NEO Stock Forecast page.