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5N Plus Inc. (T:VNP)

Business Focus: Specialty Chemicals (NEC)

Sector:  Basic Materials Industry:  Specialty Chemicals
 
Company Contact
Address: 4385 Garand St
SAINT-LAURENT QC H4R 2B4
Tel: N/A
Website: https://www.5nplus.com
IR: See website
Key People
Gervais Jacques
President, Chief Executive Officer, Director
Richard Perron
Chief Financial Officer
Roland Dubois
Executive Vice President - Speciality Semiconductors, Chief Commercial Officer
Paul Tancell
Executive Vice President - Performance Materials
William Alexander
Senior Director Corporate Development and Innovation Management
 
Business Overview
5N Plus Inc. is a global producer of specialty semiconductors and performance materials. The Company deploys a range of technologies to develop and manufacture its products. It operates through two segments: Specialty Semiconductors and Performance Materials. Operating in North America and Europe, the Specialty Semiconductors segment manufactures and sells products used in several applications, such as renewable energy, space satellites and imaging. Its end markets include photovoltaics (terrestrial and spatial solar energy), medical imaging, infrared imaging, optoelectronics, and advanced electronics. The Performance Materials segment operates in North America, Europe and Asia and manufactures and sells products that are used in several applications in pharmaceutical and healthcare, industrial, and extractive and catalytic. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial grade metals, alloys, and engineered powders.
Financial Overview
For the fiscal year ended 31 December 2023, 5N Plus Inc revenues decreased 8% to $242.4M. Net income totaled $15.4M vs. loss of $23M. Revenues reflect Performance Materials segment decrease of 40% to $85.9M, Other America segment decrease of 54% to $9.1M, Other Asia segment decrease of 26% to $20.2M. Net Income reflects Impairment of non-current assets decrease of 95% to $672K (expense).
Employees: 780 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $584.04M as of Dec 31, 2023
Annual revenue (TTM): $328.82M as of Dec 31, 2023
EBITDA (TTM): $49.94M as of Dec 31, 2023
Net annual income (TTM): $20.89M as of Dec 31, 2023
Free cash flow (TTM): -$1.35M as of Dec 31, 2023
Net Debt Last Fiscal Year: $141.01M as of Dec 31, 2023
Shares outstanding: 88,704,724 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization