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Neo is an advanced materials science, engineering & manufacturing company, with a focus on rare earth magnetics and other critical materials.
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Investor Centre
Neo is an advanced materials science, engineering & manufacturing company, with a focus on rare earth magnetics and other critical materials.
Events
$512
LTM Total Revenue (US$M)
$95
LTM Adj. EBITDA (US$M)
#1
Most Experienced Integrated Global Rare Earth Magnetics Company
30+
Years of Rare Earth Magnetics Experience
The information provided is accurate as of March 31, 2026.
Q1 2026 Results
Beating Expectations: Highest Adjusted EBITDA(1) in Neo’s history
Up from $17M the prior year
Record Breaking Quarter for Rare Metals
Adjusted EBITDA(1) up over 175% and revenue increased 75% year-over-year.
Operational Momentum
Magnequench posted its strongest quarter since 2022 and Chemical & Oxides its best since 2023.
Favourable pricing environment
Across key materials, especially record-high Hafnium and strong Gallium.
Coverage
| BMO Capital Markets | Raj Ray & Max Yerrill |
| ATM Cormark | Nicholas Boychuk |
| Paradigm Capital | Marvin Wolff |
| Stifel GMP | Ian Gilles |
| Sidoti | Daniel Harriman |
Investor Contact
Jim Fitzpatrick
SVP, Investor Relations & Communications
(416) 367-8588 ext. 7318
[email protected]
Latest Videos
Neo Silmet's Successful Commissioning of HREE Separation
New Magnet Facility in Estonia
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(1) Neo reports non-IFRS financial measures such as “Adjusted Net Income”, “Adjusted Earnings per Share”, “Adjusted EBITDA”, “Adjusted EBITDA Margin,” and “EBITDA”. Information on non-IFRS financial measures is included in the “Non-IFRS Financial Measures” section of this news release and in the most recent MD&A, available at neomaterials.com and on SEDAR+ at sedarplus.ca.