The earnings call for 5N Plus Inc. reflected a strong overall performance, with record-breaking financial metrics and strategic agreements positioning the company for continued success. Despite challenges in maintaining volumes in the performance materials segment and potential cost increases, the company's robust growth in specialty semiconductors and substantial supply agreements indicate a positive outlook. The financial flexibility and strategic positioning in key markets further enhance their competitive advantage.

Company Guidance

During the 5N Plus Inc. Second Quarter 2025 Conference Call, the company provided significant guidance and metrics reflecting its strong financial performance and strategic initiatives. The company reported record quarterly and year-to-date adjusted EBITDA, with Q2 reaching $24.1 million, a 79% increase, and year-to-date EBITDA at $44.9 million, a 78% increase from 2024. Revenue for Q2 grew by 28% to $95.3 million, and year-to-date revenue rose 37% to $184.2 million. The adjusted gross margin for Q2 increased by 41% to $33 million, representing 34.6% of sales. Notably, the company announced a milestone supply agreement with First Solar, increasing semiconductor compound supply volumes by 33% for 2025-2026, and an additional 25% for 2027-2028. The performance materials segment saw exceptional margins, with Q2 revenue at $24.1 million and an adjusted gross margin of 41.1%. The company's backlog also increased, with the total backlog reaching 297 days of annualized revenue. Looking ahead, 5N Plus raised its adjusted EBITDA guidance for 2025 to a range of $65 million to $70 million, up from the previous $55 million to $60 million. The company remains well-positioned to capitalize on growth opportunities, with a focus on strategic sectors such as terrestrial renewable energy and space solar power.

Record-Breaking Financial Performance

5N Plus Inc. reported record results for Q2 2025, with significant increases in adjusted EBITDA (up 79% to $24.1 million) and first half revenues at a decade high, reaching $184.2 million, representing a 37% growth year-over-year.

Significant Supply Agreement with First Solar

5N Plus announced a milestone supply agreement with First Solar, increasing semiconductor compound supply volumes by 33% for 2025-2026 compared to initial contract levels, with further increases planned for subsequent years.

Strong Performance in Specialty Semiconductors

Volumes in terrestrial renewable energy were up 50% year-over-year for Q2, supported by high demand for solar cells and positively impacting pricing margins.

Exceptional Margins in Performance Materials

The performance materials segment experienced exceptional margins due to a favorable sales mix, with adjusted gross margin as a percentage of sales reaching 41.1% in Q2, compared to 28.4% last year.

Decreased Net Debt

5N Plus reduced its net debt from $100.1 million at the end of December 2024 to $74.3 million as of June 30, 2025.

5N Plus (TSE:VNP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:VNP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 04, 2025	2025 (Q3)	0.12 / -	0.097	―	―	―
Aug 04, 2025	2025 (Q2)	0.14 / 0.23	0.069	240.00% (+0.17)	―	―
May 07, 2025	2025 (Q1)	0.08 / 0.15	0.041	266.67% (+0.11)	―	―
Feb 25, 2025	2024 (Q4)	0.06 / 0.03	0.041	-33.33% (-0.01)	―	―
Nov 04, 2024	2024 (Q3)	0.08 / 0.10	0.028	250.00% (+0.07)	―	―
Aug 05, 2024	2024 (Q2)	0.06 / 0.07	0.152	-54.55% (-0.08)	―	―
May 06, 2024	2024 (Q1)	0.05 / 0.04	0.028	50.00% (+0.01)	―	―
Feb 27, 2024	2023 (Q4)	0.06 / 0.04	-0.073	156.60% (+0.11)	―	―
Nov 07, 2023	2023 (Q3)	0.05 / 0.03	-0.109	125.32% (+0.14)	―	―
Aug 01, 2023	2023 (Q2)	0.04 / 0.15	-0.01	1671.43% (+0.16)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:VNP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	C$6.66	C$7.43	+11.56%
Feb 25, 2025	C$6.93	C$6.69	-3.46%
Nov 04, 2024	C$7.11	C$7.15	+0.56%
May 06, 2024	C$4.78	C$5.15	+7.74%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does 5N Plus (TSE:VNP) report earnings?

5N Plus (TSE:VNP) is schdueled to report earning on Nov 04, 2025, After Close (Confirmed).

What is 5N Plus (TSE:VNP) earnings time?

5N Plus (TSE:VNP) earnings time is at Nov 04, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:VNP EPS forecast?

TSE:VNP EPS forecast for the fiscal quarter 2025 (Q3) is 0.12.

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