Tillkännagivande • Apr 27
Neo Performance Materials Inc., Annual General Meeting, Jun 17, 2026 Neo Performance Materials Inc., Annual General Meeting, Jun 17, 2026. Location: ontario, toronto Canada Tillkännagivande • Apr 22
Neo Performance Materials Inc. to Report Q1, 2026 Results on May 12, 2026 Neo Performance Materials Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on May 12, 2026 Tillkännagivande • Apr 12
Neo Performance Materials Inc. Successfully Commissions Heavy Rare Earth Separation Small-Scale Production Line in Europe Neo Performance Materials Inc. announced the successful commissioning of its heavy rare earth element solvent extraction small-scale production line at its Silmet facility in Estonia. The solvent extraction line is operating at nameplate capacity, with efforts now focused on delivering stable product purity prior to transitioning to routine production capacity. The operation has produced its first separated terbium and dysprosium process solutions, pre-cursor products for metal making, from mixed rare earth carbonate feedstock, with all processing completed entirely in Europe. This achievement validates the technical robustness and operational reliability of the Silmet HREE solvent extraction line under continuous operating conditions and marks a significant milestone in establishing advanced heavy rare earth separation capability in Europe. Dysprosium and terbium are essential inputs for high-performance sintered rare-earth permanent magnets used in robotics, electric-vehicle traction motors, wind turbines, and industrial automation applications. By developing this separation capability at Silmet, Neo is advancing a secure, Europe-based supply of these critical materials to support its growing magnet manufacturing operations and to serve the broader strategic objectives of supply chain diversification. Neo's heavy rare earth separation initiative complements its European Permanent Magnet facility in Estonia, which is advancing through customer qualification milestones, with commercial production expected to ramp later in 2026. Tillkännagivande • Mar 19
Neo Performance Materials Inc. announces Quarterly dividend, payable on March 26, 2026 Neo Performance Materials Inc. announced Quarterly dividend of CAD 0.1000 per share payable on March 26, 2026, ex-date on March 19, 2026 and record date on March 19, 2026. Tillkännagivande • Mar 05
Neo Performance Materials Inc. to Report Q4, 2025 Results on Mar 19, 2026 Neo Performance Materials Inc. announced that they will report Q4, 2025 results Pre-Market on Mar 19, 2026 Tillkännagivande • Nov 16
Neo Performance Materials Inc. Declares Quarterly Dividend, Payable on December 29, 2025 Neo Performance Materials Inc. declared quarterly dividend of CAD 0.10 per common share was declared on November 11, 2025, for shareholders of record on December 19, 2025, with a payment date of December 29, 2025. Tillkännagivande • Oct 10
Neo Performance Materials Inc. to Report Q3, 2025 Results on Nov 14, 2025 Neo Performance Materials Inc. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Nov 14, 2025 Reported Earnings • Aug 18
Second quarter 2025 earnings released: EPS: US$0.14 (vs US$0.021 in 2Q 2024) Second quarter 2025 results: EPS: US$0.14 (up from US$0.021 in 2Q 2024). Revenue: US$114.7m (up 6.6% from 2Q 2024). Net income: US$5.77m (up US$4.91m from 2Q 2024). Profit margin: 5.0% (up from 0.8% in 2Q 2024). Revenue is expected to decline by 1.9% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Germany are expected to grow by 3.2%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Aug 18
Independent Director recently bought €115k worth of stock On the 15th of August, Paul Mascarenas bought around 15k shares on-market at roughly €7.64 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €179k more in shares than they have sold in the last 12 months. Tillkännagivande • Aug 13
Neo Performance Materials Inc. announces Quarterly dividend, payable on September 26, 2025 Neo Performance Materials Inc. announced Quarterly dividend of CAD 0.1000 per share payable on September 26, 2025, ex-date on September 16, 2025 and record date on September 16, 2025. Tillkännagivande • Jul 22
Neo Performance Materials Inc. to Report Q2, 2025 Results on Aug 12, 2025 Neo Performance Materials Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025 Tillkännagivande • Jun 27
Neo Performance Materials Inc. Approves Board Elections Neo Performance Materials Inc. announced that the shareholders approved election of Jonathan Evans and Paul Mascarena as directors of the company. Tillkännagivande • May 12
Neo Performance Materials Inc., Annual General Meeting, Jun 26, 2025 Neo Performance Materials Inc., Annual General Meeting, Jun 26, 2025. Location: ontario, toronto Canada Tillkännagivande • Apr 28
Neo Performance Materials Ships First Magnet Samples Produced At New European Facility to Its Tier 1 Traction Motor Customer Neo Performance Materials Inc. announced that its new permanent magnet facility in Estonia has shipped sintered magnet samples for a Tier 1 traction motor customer meeting specific magnetic properties. This milestone marks a significant step forward in Neo's commitment to providing high-performance materials for the electric vehicle market. Key Highlights: Neo has produced 18,000 assembled magnet pieces as part of the initial production samples. The magnets are EV traction motor grade and represent an important technical milestone. The magnet samples will be assembled into traction motors for performance testing by the Tier 1 customer and OEM. Production part approval process products are scheduled for the first half of 2026, with mass production to start later in that year. With over 30 years of experience in rare earth magnetics, Neo has built a reliable global supply chain that enhances its ability to serve the automotive sector. This deep industry expertise is expected to position Neo to successfully scale its new sintered magnet facility in Narva, Estonia, and support growing demand. The facility is strategically located near Neo's rare earth separation facility in Sillamae, Estonia, which is expected to allow for vertical integration of operations and efficient production processes in the future. The facility is projected to have an initial production capacity of 2,000 metric tonnes annually, with plans to scale to 5,000 metric tonnes annually. This USD 75 million facility was supported by an up to EUR18.7 million grant from the EU's Just Transition Fund and a USD 50 million credit facility from Export Development Canada, with construction to be completed in 2025. European Commission President Ursula von der Leyen recognized the facility as a significant advancement for Estonia and Europe at the groundbreaking in June 2023. The facility represents one of Europe and the world's most strategic critical materials projects in rare earth magnetics outside of Asia. The expansion will help Neo meet strong demand for high-performance magnets in EVs and other applications. Tillkännagivande • Apr 17
Neo Performance Materials Inc. to Report Q1, 2025 Results on May 09, 2025 Neo Performance Materials Inc. announced that they will report Q1, 2025 results Pre-Market on May 09, 2025 Tillkännagivande • Apr 02
Shenghe Resources Holding Co., Ltd (SHSE:600392) completed the acquisition of 86% stake in Jiangyin Jiahua Advanced Material Resouces Co. Ltd from Neo Performance Materials Inc. (TSX:NEO) for $24.6 million. Shenghe Resources Holding Co., Ltd (SHSE:600392) agreed to acquire 86% stake in Jiangyin Jiahua Advanced Material Resouces Co. Ltd from Neo Performance Materials Inc. (TSX:NEO) for $25.6 million on August 20, 2024. A cash consideration of $25.6 million will be paid by Shenghe Resources Holding Co., Ltd. The Transaction is subject to approval by regulatory authorities in China and transaction is expected to close in Q4 2024. The transaction is now expected to close in Q1 2025.
Shenghe Resources Holding Co., Ltd (SHSE:600392) completed the acquisition of 86% stake in Jiangyin Jiahua Advanced Material Resouces Co. Ltd from Neo Performance Materials Inc. (TSX:NEO) for $24.6 million on April 1, 2025. Tillkännagivande • Mar 19
Neo Performance Materials Inc. announces Quarterly dividend, payable on March 27, 2025 Neo Performance Materials Inc. announced Quarterly dividend of CAD 0.1000 per share payable on March 27, 2025, ex-date on March 18, 2025 and record date on March 18, 2025. Tillkännagivande • Feb 21
Neo Performance Materials Inc. to Report Q4, 2024 Results on Mar 18, 2025 Neo Performance Materials Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 18, 2025 Tillkännagivande • Jan 01
Kevin Reading completed the acquisition of 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.5 million. Kevin Reading has entered into an agreement to acquire 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) on August 6, 2024. Under the terms of agreement, Kevin Reading paid $1.4 million plus cash on closing, subject to normal closing adjustments which is at a valuation of 9x EBITDA on a trailing twelve-month basis. The Transaction is subject to customary conditions to closing and is expected to close in the third quarter of 2024. The transaction is expected to close during the second half of 2024.
Kevin Reading completed the acquisition of 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.5 million on December 31, 2024. Reported Earnings • Nov 16
Third quarter 2024 earnings released: US$0.06 loss per share (vs US$0.069 profit in 3Q 2023) Third quarter 2024 results: US$0.06 loss per share (down from US$0.069 profit in 3Q 2023). Revenue: US$111.3m (down 19% from 3Q 2023). Net loss: US$2.63m (down 186% from profit in 3Q 2023). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Tillkännagivande • Nov 15
Neo Performance Materials Inc. Declares Quarterly Dividend, Payable on December 27, 2024 Neo Performance Materials Inc. announced that A quarterly dividend of CAD 0.10 per common share was declared on November 13, 2024, for shareholders of record on December 17, 2024, with a payment date of December 27, 2024. Tillkännagivande • Oct 29
Neo Performance Materials Inc. to Report Q3, 2024 Results on Nov 14, 2024 Neo Performance Materials Inc. announced that they will report Q3, 2024 results Pre-Market on Nov 14, 2024 Upcoming Dividend • Sep 10
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 17 September 2024. Payment date: 27 September 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.9%. Within top quartile of German dividend payers (4.9%). In line with average of industry peers (5.3%). Declared Dividend • Aug 14
Second quarter dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 17th September 2024 Payment date: 27th September 2024 Dividend yield will be 6.5%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (379% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 321% to bring the payout ratio under control. EPS is expected to grow by 288% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: US$0.02 (vs US$0.007 in 2Q 2023) Second quarter 2024 results: EPS: US$0.02 (up from US$0.007 in 2Q 2023). Revenue: US$107.5m (down 37% from 2Q 2023). Net income: US$859.0k (up 177% from 2Q 2023). Profit margin: 0.8% (up from 0.2% in 2Q 2023). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Tillkännagivande • Aug 09
Neo Performance Materials Inc. Quarterly Dividend, Payable September 27, 2024 Neo Performance Materials Inc. quarterly dividend of CAD 0.10 per common share was declared on August 8, 2024, for shareholders of record on September 17, 2024, with a payment date of September 27, 2024. Buy Or Sell Opportunity • Aug 08
Now 21% undervalued Over the last 90 days, the stock has risen 20% to €4.59. The fair value is estimated to be €5.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 3.3% in 2 years. Earnings are forecast to grow by 626% in the next 2 years. Tillkännagivande • Aug 07
Kevin Reading agreed to acquire 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.4 million. Kevin Reading agreed to acquire 80% stake in Neo Rare Metals (Oklahoma), LLC from Neo Performance Materials Inc. (TSX:NEO) for $1.4 million on August 6, 2024. The Transaction is subject to customary conditions to closing and is expected to close in the third quarter of 2024. Tillkännagivande • Jul 24
Neo Performance Materials Inc. to Report Q2, 2024 Results on Aug 09, 2024 Neo Performance Materials Inc. announced that they will report Q2, 2024 results Pre-Market on Aug 09, 2024 Tillkännagivande • Jul 22
Neo Performance Materials Inc. Announces Board and Committee Changes Neo Performance Materials Inc. announced that it has appointed Dr. John McGarva to its Board of Directors (the "Board") as an independent director, and to the Audit Committee of the Board, effective immediately. The Company also announced that Yadin Rozov has determined to step down from the Board and the Audit and Corporate Governance & Nominating Committees as of July 22, 2024. Dr. McGarva is a seasoned leader in product development and manufacturing, with experience spanning healthcare, industrial, and consumer electronics industries. His extensive international experience includes leadership roles across Europe, Southeast Asia, and China. Dr. McGarva recently retired as Head of Engineering at Dyson, where he led the design engineering of the company's entire haircare product line, guiding teams in Singapore, the Philippines, and the UK. Under his leadership, Dyson's haircare business evolved from a single product to a significant business unit. A key element of Dyson haircare products is the integration of permanent magnets and this expertise positions Dr. McGarva to offer customer insights and strategic direction to Neo. Prior to his tenure at Dyson, he held several high-profile leadership roles in technology and innovation companies, specializing in design, engineering, and manufacturing. Dr. McGarva's knowledge and practical experience of product development and manufacturing will be an exceptional asset to the Board. Valuation Update With 7 Day Price Move • Jun 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €5.32, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.66 per share. Tillkännagivande • Jun 15
Neo Performance Materials Inc. Forms Special Committee of Independent Directors to Lead A Comprehensive Strategic Review Process to Consider Opportunities to Maximize Shareholder Value and Appoints John McGarva to the Board Neo Performance Materials Inc. announced that the board of directors of Neo (the "Board") has formed a Special Committee of independent directors to lead a comprehensive strategic review process to consider opportunities to maximize shareholder value. The Special Committee intends to retain an independent financial advisor, in addition to other advisors it may retain, to support the strategic review process. The Special Committee, aided by its advisors and the Company's management team, will oversee the evaluation of Neo's current strategy, assets, operations, and capital structure. The strategic review will consider various strategic alternatives for Neo. These could include, among other things, the sale, divestiture, merger or other business combination of a portion of Neo's business-unit assets, strategic investments, partnerships or joint ventures, changes in Neo's capital structure, capital allocation, or other transactions. The review will also encompass the Company's compensation plans and practices, to ensure that they appropriately align management incentives with the interests of shareholders. Neo also announced, that following constructive engagement and lengthy consultation with Hastings Technology Metals Ltd. ("Hastings"), a significant shareholder of the Company, the Board has determined to appoint Dr. John McGarva to the Board before the Company releases its second quarter 2024 results. Hastings and Dr. McGarva have confirmed that he is independent of Hastings. The strategic review process is not being undertaken at the request of Hastings. Dr. McGarva is a seasoned leader in product development and manufacturing, with experience spanning healthcare, industrial, and consumer electronics industries. His extensive international experience includes leadership roles across Europe, Southeast Asia, and China. Dr. McGarva recently retired as Head of Engineering at Dyson, where he led the design engineering of the company's entire haircare product line, guiding teams in Singapore, the Philippines, and the UK. Under his leadership, Dyson's Haircare business evolved from a single product to a significant business unit. A key element of Dyson haircare products is the integration of permanent magnets and this expertise positions Dr. McGarva to offer customer insights and strategic direction to Neo. Prior to his tenure at Dyson, he held several high-profile leadership roles in technology and innovation companies, specialising in design, engineering, and manufacturing. Dr. McGarva's knowledge and practical experience of product development and manufacturing will be an exceptional asset to Neo's board. Upcoming Dividend • Jun 11
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 27 June 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 5.6%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (5.2%). New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 457% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €4.51, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Chemicals industry in Germany. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.09 per share. Declared Dividend • May 15
First quarter dividend of CA$0.10 announced Shareholders will receive a dividend of CA$0.10. Ex-date: 18th June 2024 Payment date: 27th June 2024 Dividend yield will be 7.6%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is not covered by earnings (348% earnings payout ratio). However, it is covered by cash flows (61% cash payout ratio). The dividend has increased over the past 6 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 287% to bring the payout ratio under control. EPS is expected to grow by 290% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Buy Or Sell Opportunity • May 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to €4.02. The fair value is estimated to be €5.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 764% in the next 2 years. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.02 (vs US$0.23 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.02 (up from US$0.23 loss in 1Q 2023). Revenue: US$122.1m (down 9.9% from 1Q 2023). Net income: US$873.0k (up US$11.3m from 1Q 2023). Profit margin: 0.7% (up from net loss in 1Q 2023). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Tillkännagivande • May 01
Neo Performance Materials Inc. Announces Executive Changes Neo Performance Materials Inc. announced that Jeff Hogan, Executive Vice President, Chemicals & Oxides, will retire from the Company on September 30, 2024, after leading the Chemicals & Oxides business unit for the last twelve years. Mohamad El-Mahmoud, currently the Executive Vice President, Rare Metals at Neo will take additional responsibilities as Executive Vice President, Chemicals & Oxides and Rare Metals, upon Mr. Hogan's retirement. Since joining Neo in November 2023, as Executive Vice President, Rare Metals, Mr. El-Mahmoud has successfully completed the operational transformation of Neo's Silmet facility in Estonia to improve business performance of its high-purity rare metals production. Prior to joining Neo, Mr. El-Mahmoud held successively senior positions with a leading global fluid solutions provider which included: (i) establishing production facilities; (ii) driving the transformation of a product offering from pure internal combustion engine (ICE) to hybrid and battery electric vehicle (BEV) technology; and (iii) overseeing 75 engineers as General Manager of the European Technical Center in Germany. Mr. El-Mahmoud has held senior leadership positions in Business Development, Engineering and Operations in various regions including North America, Europe and China. He holds a Bachelor of Science degree in Aeronautics and Space Engineering from the Aachen University of Applied Science. Tillkännagivande • Apr 28
Neo Performance Materials Inc. to Report Q1, 2024 Results on May 10, 2024 Neo Performance Materials Inc. announced that they will report Q1, 2024 results Pre-Market on May 10, 2024 Tillkännagivande • Apr 05
Neo Performance Materials Inc., Annual General Meeting, Jun 19, 2024 Neo Performance Materials Inc., Annual General Meeting, Jun 19, 2024. Recent Insider Transactions • Mar 21
Executive VP & CFO recently bought €83k worth of stock On the 19th of March, Jonathan Baksh bought around 20k shares on-market at roughly €4.17 per share. This transaction increased Jonathan's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jonathan has been a buyer over the last 12 months, purchasing a net total of €134k worth in shares. Reported Earnings • Mar 16
Full year 2023 earnings released: US$0.19 loss per share (vs US$0.62 profit in FY 2022) Full year 2023 results: US$0.19 loss per share (down from US$0.62 profit in FY 2022). Revenue: US$571.5m (down 11% from FY 2022). Net loss: US$8.44m (down 133% from profit in FY 2022). Revenue is forecast to grow 8.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 28
Neo Performance Materials Inc. to Report Q4, 2023 Results on Mar 15, 2024 Neo Performance Materials Inc. announced that they will report Q4, 2023 results Pre-Market on Mar 15, 2024 Recent Insider Transactions • Jan 02
Independent Director recently bought €66k worth of stock On the 29th of December, Yadin Rozov bought around 13k shares on-market at roughly €5.26 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €69k. Insiders have collectively bought €575k more in shares than they have sold in the last 12 months. Upcoming Dividend • Dec 08
Upcoming dividend of CA$0.10 per share at 5.5% yield Eligible shareholders must have bought the stock before 15 December 2023. Payment date: 28 December 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.5%. Within top quartile of German dividend payers (5.1%). In line with average of industry peers (5.9%). Recent Insider Transactions • Nov 16
CEO, President & Director recently bought €69k worth of stock On the 14th of November, Rahim Suleman bought around 15k shares on-market at roughly €4.63 per share. This transaction amounted to 9.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Rahim has been a buyer over the last 12 months, purchasing a net total of €246k worth in shares. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: US$0.07 (vs US$0.09 loss in 3Q 2022) Third quarter 2023 results: EPS: US$0.07 (up from US$0.09 loss in 3Q 2022). Revenue: US$136.9m (down 6.6% from 3Q 2022). Net income: US$3.07m (up US$6.79m from 3Q 2022). Profit margin: 2.2% (up from net loss in 3Q 2022). Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 12
Neo Performance Materials Inc. Announces Quarterly Dividend, Payable on December 28, 2023 Neo Performance Materials Inc. announced a quarterly dividend of CAD 0.10 per common share was declared on November 9, 2023 for shareholders of record at December 18, 2023, with a payment date of December 28, 2023. Tillkännagivande • Nov 02
Neo Performance Materials Appoints Mohamad El-Mahmoud as Executive Vice President, Rare Metals Neo Performance Materials Inc. announced the appointment of Mohamad El- Mahmoud as Executive Vice President, Rare Metals, of the Company. Mr. El-Mahmoud will replace Frank Timmerman, who has left the Company to pursue other opportunities.Mr. El-Mahmoud is a German national who left his role as business unit leader for a leading global fluid power solutions provider to lead the Rare Metals business unit of Neo. He held successively senior positions with that provider which included: (i) establishing production facilities; (ii) driving the transformation of a product offering from pure internal combustion engine (ICE) to hybrid and battery electric vehicle (BEV) technology; and (iii) overseeing 75 engineers as General Manager of the European Technical Center in Germany. Mr. El-Mahmoud has held senior leadership positions in Business Development, Engineering and Operations in various regions including North America, Europe and China. He began his career as an automotive powertrain systems designer with a power transmission belts and fluid power products provider and over the course of seven years, he played a pivotal role in expanding the company's operations in Asia by establishing multiple plants and engineering centers in Shanghai, Seoul, and Chennai. He holds a Bachelor of Science degree in Aeronautics and Space Engineering from the Aachen University of Applied Science. Tillkännagivande • Oct 26
Neo Performance Materials Inc. Appoints Hua Du to Its Board of Directors as an Independent Director Neo Performance Materials Inc. announced that it has appointed Mr. Hua Du to its Board of Directors (the "Board") as an independent director, effective immediately. Mr. Du has over 25 years of executive experience in a number of industries operating in Asian and global markets leading change in business models, overseeing plant construction, defining strategic plans and developing leadership teams. Mr. Du is currently serving as the Chief Executive Officer of a biotech-based animal nutrition business, with offices and operations across eight Asian countries. Previously, Mr. Du served for 11 years as President of Global Business Units and Executive Committee member at a leading global chemicals and materials company, including manufacturing and distribution of value added rare earth products. There, he led several global business units with revenues of EUR 5 billion, more than 10,000 employees, and technologies covering a wide range of end markets. Before that, he worked at a specialty chemicals manufacturer for 13 years, driving growth in Asia for its Electronic Materials Group. Mr. Du graduated from Peking University in China and holds a Doctor of Philosophy (Ph.D.) in organic chemistry from the University of Illinois Urbana-Champaign. The appointment of Hua Du increases the number of directors of Neo to seven, six of whom are independent. Tillkännagivande • Oct 25
Neo Performance Materials Inc. to Report Q3, 2023 Results on Nov 10, 2023 Neo Performance Materials Inc. announced that they will report Q3, 2023 results Pre-Market on Nov 10, 2023 Upcoming Dividend • Sep 12
Upcoming dividend of CA$0.10 per share at 4.5% yield Eligible shareholders must have bought the stock before 19 September 2023. Payment date: 29 September 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.5%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.0%). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: US$0.01 (vs US$0.36 in 2Q 2022) Second quarter 2023 results: EPS: US$0.01 (down from US$0.36 in 2Q 2022). Revenue: US$170.4m (up 1.3% from 2Q 2022). Net income: US$310.0k (down 98% from 2Q 2022). Profit margin: 0.2% (down from 8.7% in 2Q 2022). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Tillkännagivande • Aug 12
Neo Performance Materials Inc. Announces Quarterly Dividend, Payable on September 29, 2023 Neo Performance Materials Inc. announced quarterly dividend of $0.10 per common share was declared on August 10, 2023 for shareholders of record at September 20, 2023, with a payment date of September 29, 2023. Tillkännagivande • Aug 03
Neo Performance Materials Inc. to Report Q2, 2023 Results on Aug 11, 2023 Neo Performance Materials Inc. announced that they will report Q2, 2023 results Pre-Market on Aug 11, 2023 Recent Insider Transactions • Jun 21
Independent Director recently bought €183k worth of stock On the 16th of June, Yadin Rozov bought around 30k shares on-market at roughly €6.00 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €45k more in shares than they bought in the last 12 months. Upcoming Dividend • Jun 12
Upcoming dividend of CA$0.10 per share at 4.8% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 29 June 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.0%). Reported Earnings • May 14
First quarter 2023 earnings released: US$0.23 loss per share (vs US$0.55 profit in 1Q 2022) First quarter 2023 results: US$0.23 loss per share (down from US$0.55 profit in 1Q 2022). Revenue: US$135.5m (down 19% from 1Q 2022). Net loss: US$10.5m (down 147% from profit in 1Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: US$0.62 (vs US$0.92 in FY 2021) Full year 2022 results: EPS: US$0.62 (down from US$0.92 in FY 2021). Revenue: US$640.3m (up 19% from FY 2021). Net income: US$25.9m (down 26% from FY 2021). Profit margin: 4.1% (down from 6.5% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 12
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 19 December 2022. Payment date: 29 December 2022. Payout ratio is a comfortable 30% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (5.6%). Reported Earnings • Nov 16
Third quarter 2022 earnings released: US$0.09 loss per share (vs US$0.21 profit in 3Q 2021) Third quarter 2022 results: US$0.09 loss per share (down from US$0.21 profit in 3Q 2021). Revenue: US$146.6m (up 22% from 3Q 2021). Net loss: US$3.72m (down 146% from profit in 3Q 2021). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Third quarter 2022 earnings released: US$0.09 loss per share (vs US$0.21 profit in 3Q 2021) Third quarter 2022 results: US$0.09 loss per share (down from US$0.21 profit in 3Q 2021). Revenue: US$146.6m (up 22% from 3Q 2021). Net loss: US$3.72m (down 146% from profit in 3Q 2021). Revenue is forecast to decline by 4.1% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment deteriorated over the past week After last week's 16% share price decline to €9.36, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Chemicals industry in Germany. Total returns to shareholders of 50% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.63 per share. Upcoming Dividend • Sep 12
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (5.7%). Reported Earnings • Aug 18
Second quarter 2022 earnings released: EPS: US$0.36 (vs US$0.34 in 2Q 2021) Second quarter 2022 results: EPS: US$0.36 (up from US$0.34 in 2Q 2021). Revenue: US$168.2m (up 25% from 2Q 2021). Net income: US$14.6m (up 13% from 2Q 2021). Profit margin: 8.7% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 2.3%, compared to a 2.4% growth forecast for the Chemicals industry in Germany. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Board Change • Aug 18
High number of new directors Director Yadin Rozov was the last director to join the board, commencing their role in 2022. Tillkännagivande • Jul 22
Neo Performance Materials Inc. to Report Q2, 2022 Results on Aug 12, 2022 Neo Performance Materials Inc. announced that they will report Q2, 2022 results on Aug 12, 2022 Tillkännagivande • May 19
Neo Performance Materials Inc. Announces That Its High-Purity Heavy Rare Earth Separations Facility in Jiangyin , China Has Reopened for Full Operations Neo Performance Materials Inc. announced that its high-purity heavy rare earth separations facility in Jiangyin (JAMR), China has reopened for full operations after being shut down for 12 days following a government-mandated and city-wide lockdown order. None of Neo's employees tested positive for the COVID virus. All of Neo's rare earth and rare metal production facilities worldwide are now fully operational. The JAMR plant is the only Neo facility that was forced to close temporarily because of the COVID pandemic. Neo processes rare earth feedstock at JAMR into high-purity separated rare earth products, including dysprosium and terbium that can be used in sintered neodymium-iron-boron magnets for drive trains and related systems in electric vehicles. JAMR also produces precisely engineered materials for use in multi-layer ceramic capacitor chips for nano electronics systems in electric vehicles, smart phones, wearable devices, telemedicine, 5G communications, and the Internet of Things (IOT). Several trillion of these specialized chips are manufactured globally each year. On the back of strong first quarter 2022 financial performance, demand for Neo's high-purity rare earth products, particularly the magnetic rare earths neodymium, praseodymium, dysprosium, and terbium, remain high given the rapidly growing reliance on them by manufacturers of battery electric, hybrid electric, and conventional vehicles, as well as by makers of energy efficient pumps and ultra-high speedmotors. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: US$0.55 (vs US$0.20 in 1Q 2021) First quarter 2022 results: EPS: US$0.55 (up from US$0.20 in 1Q 2021). Revenue: US$166.3m (up 27% from 1Q 2021). Net income: US$22.4m (up 200% from 1Q 2021). Profit margin: 13% (up from 5.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.9%, compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 2% per year. Tillkännagivande • May 14
Neo Performance Materials Inc. Announces Quarterly Dividend, Payable June 28, 2022 Neo Performance Materials Inc. announced quarterly dividend of CAD 0.10 per common share was declared on May 12, 2022 for shareholders of record at June 20, 2022, with a payment date of June 28, 2022. Tillkännagivande • May 03
Neo Performance Materials Inc. to Report Q1, 2022 Results on May 13, 2022 Neo Performance Materials Inc. announced that they will report Q1, 2022 results Pre-Market on May 13, 2022 Tillkännagivande • Apr 24
Neo Performance Materials Inc., Annual General Meeting, Jun 28, 2022 Neo Performance Materials Inc., Annual General Meeting, Jun 28, 2022. Valuation Update With 7 Day Price Move • Mar 22
Investor sentiment improved over the past week After last week's 19% share price gain to €11.80, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Chemicals industry in Germany. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €17.98 per share. Upcoming Dividend • Mar 14
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 21 March 2022. Payment date: 30 March 2022. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (4.7%). Reported Earnings • Mar 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: US$0.92 (up from US$1.54 loss in FY 2020). Revenue: US$539.3m (up 56% from FY 2020). Net income: US$35.2m (up US$93.1m from FY 2020). Profit margin: 6.5% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 5.6%. Over the next year, revenue is expected to shrink by 4.5% compared to a 4.8% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 03
Neo Performance Materials Inc. to Report Q4, 2021 Results on Mar 10, 2022 Neo Performance Materials Inc. announced that they will report Q4, 2021 results Pre-Market on Mar 10, 2022 Upcoming Dividend • Dec 10
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 17 December 2021. Payment date: 30 December 2021. Payout ratio is a comfortable 40% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.7%). Reported Earnings • Nov 09
Third quarter 2021 earnings released: EPS US$0.21 (vs US$0.011 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$119.8m (up 54% from 3Q 2020). Net income: US$8.04m (up US$7.61m from 3Q 2020). Profit margin: 6.7% (up from 0.5% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 12
Investor sentiment improved over the past week After last week's 15% share price gain to €13.60, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 11x in the Chemicals industry in Germany. Total returns to shareholders of 32% over the past three years. Upcoming Dividend • Sep 10
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 17 September 2021. Payment date: 29 September 2021. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.5%). Recent Insider Transactions • Aug 20
Executive VP & COO recently sold €332k worth of stock On the 16th of August, Kevin Morris sold around 25k shares on-market at roughly €13.27 per share. This was the largest sale by an insider in the last 3 months. This was Kevin's only on-market trade for the last 12 months. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS US$0.34 (vs US$1.62 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$135.1m (up 100% from 2Q 2020). Net income: US$13.0m (up US$73.9m from 2Q 2020). Profit margin: 9.6% (up from net loss in 2Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 10
Upcoming dividend of CA$0.10 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 28 June 2021. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.6%). Tillkännagivande • May 14
Neo Performance Materials Inc. Declares Quarterly Dividend, Payable on June 28, 2021 Neo Performance Materials Inc. declared a quarterly dividend of CAD 0.10 per common share for shareholders of record at June 19, 2021, with a payment date of June 28, 2021. Reported Earnings • May 14
First quarter 2021 earnings released: EPS US$0.20 (vs US$0.01 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$130.9m (up 44% from 1Q 2020). Net income: US$7.45m (up US$7.08m from 1Q 2020). Profit margin: 5.7% (up from 0.4% in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 29
Neo Performance Materials Inc. has completed a Follow-on Equity Offering in the amount of CAD 79 million. Neo Performance Materials Inc. has completed a Follow-on Equity Offering in the amount of CAD 79 million.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 4,000,000
Price\Range: CAD 19.75
Discount Per Security: CAD 0.9875
Transaction Features: Regulation S; Rule 144A Tillkännagivande • Mar 23
Neo Performance Materials Inc. Provides Earnings Guidance for the First Quarter of 2021 Neo Performance Materials Inc. provided earnings guidance for the first quarter of 2021. For the quarter, the company expects that its financial results will exceed current analyst consensus estimates of $84.9 million in revenue, as well as being significantly higher than the fourth quarter of 2020 financial results. Reported Earnings • Mar 23
Full year 2020 earnings released: US$1.54 loss per share (vs US$0.59 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$346.7m (down 15% from FY 2019). Net loss: US$57.9m (down 353% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance.