5N Plus Inc (TSE:VNP)
TSX:VNP
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Earnings Data
Report Date
Aug 04, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.23Same Quarter Last Year
Strong Buy
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted a very strong Q1 with robust top‑line growth (+33%), substantial EBITDA and net earnings expansion (+41% and ~85% respectively), excellent backlog visibility (365 days in Specialty Semiconductors) and active capacity expansion (AZUR +25% coming H2 2026). Offsetting items include a Q1 cash outflow driven by working capital build, a near‑term increase in net debt (to $74.7M), ongoing metal input cost pressures, energy‑related operational exposure, and a conservative full‑year guidance despite the strong start. Overall, the company portrays solid execution and market strength while remaining prudent about cost and operational risks.Company Guidance
Strong Revenue Growth
Q1 2026 revenue of $117.9M, up 33% year‑over‑year from $88.9M, driven by higher volumes in Specialty Semiconductors and stronger pricing in Performance Materials.
Margin and Profitability Expansion
Adjusted gross profit of $41.4M, up 36% and representing 35.1% of sales (vs 34.2% prior year). Adjusted EBITDA of $29.2M, up 41% year‑over‑year. Net earnings of $17.8M ($0.20/share) versus $9.6M ($0.11/share) prior year (net earnings increase ~85%; EPS +82%).
Specialty Semiconductors Outperformance and Visibility
Specialty Semiconductors revenue $86.2M, up 37% YoY; adjusted EBITDA $25.1M, up 42% YoY. Backlog effectively maxed at 365 days, providing strong multi‑year visibility. Long‑term agreement with a strategic U.S. customer increased volumes by 33% for 2025–26 and will increase a further 25% through 2028.
Performance Materials Strength
Performance Materials revenue $31.7M, up 21% YoY. Adjusted EBITDA $10.1M, up 67% YoY. Adjusted gross margin expanded to 37.8% of sales from 32.9% a year earlier (improvement of ~4.9 percentage points), supported by favorable pricing and product mix.
Capacity Expansion and Operational Execution
AZUR facility: 30% solar cell capacity increase realized in 2025; an additional ~25% expansion is underway and expected online by H2 2026. Company emphasizes productivity initiatives and targeted investments (much equipment already in place) to scale with demand.
Healthy Leverage and Maintained Guidance
Net debt of $74.7M at March 31, 2026 (up from $50.3M) but net debt-to‑EBITDA remains low at 0.71x. Company maintained full‑year adjusted EBITDA guidance of $100M–$105M, reflecting confidence in underlying demand and execution.
TSE:VNP Earnings History
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 06, 2026 | C$36.05 | C$37.29 | +3.44% |
Feb 24, 2026 | C$29.28 | C$29.93 | +2.22% |
Nov 03, 2025 | C$20.76 | C$19.45 | -6.31% |
May 07, 2025 | C$6.66 | C$7.43 | +11.56% |
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 Inc (TSE:VNP) report earnings?
5N Plus Inc (TSE:VNP) is schdueled to report earning on Aug 04, 2026, After Close (Confirmed).
What is 5N Plus Inc (TSE:VNP) earnings time?
5N Plus Inc (TSE:VNP) earnings time is at Aug 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is TSE:VNP EPS forecast?
TSE:VNP EPS forecast for the fiscal quarter 2026 (Q2) is 0.23.