In This Article:
Neo Performance Materials (TSE:NEO) Full Year 2024 Results
Key Financial Results
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Revenue: US$475.8m (down 17% from FY 2023).
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Net loss: US$12.9m (loss widened by 53% from FY 2023).
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US$0.31 loss per share (further deteriorated from US$0.19 loss in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Neo Performance Materials Earnings Insights
Looking ahead, revenue is forecast to stay flat during the next 2 years compared to a 3.8% growth forecast for the Chemicals industry in Canada.
Performance of the Canadian Chemicals industry.
The company's shares are up 12% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Neo Performance Materials has 1 warning sign we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.