Neoperf
ConvictionContext
Value-added midstream/downstream processor and recycler — converts rare-earth and specialty-metal feedstock into magnetic powders, engineered oxides/catalysts, and specialty metals; expanding into finished sintered NdFeB magnets. Sells B2B to auto, electronics, defense, chemical and industrial OEMs.
Revenue
$512M TTMto Mar 31 2026); FY2025 $478.8MRev growth
FY2025 +0.6% YoY$478.8M vs $475.8M); Q1 2026 +27.5% YoY ($155.0M vs $121.6MGross margin
not disclosedvalue-added processor; blended into segment gross profitOp margin
Q1 2026 ~17.2%$26.6M op income / $155.0M rev); FY2025 materially lower (single-digit) — margin inflecting up with pricingCapex intensity
elevated and rising — European magnet capacity buildinitial 2,000t, toward 5,000t then a 20,000t long-term target) is the dominant capital call; specific FY2026 capex not disclosedMarket cap
~$1.1B USDTSX: NEO, ~C$1.52B; OTCQX: NOPMF, early Jul 2026The read
Where our coverage leans
Coverage leans bullish
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Full financial intelligence for Neoperf
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07 (FY2025 annual report + Q1 2026 results reported May 2026; all figures USD)· sign in (free) for the analyst summary; Pro unlocks full intelligence