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5N Plus Inc T.VNP

Alternate Symbol(s):  FPLSF

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.


TSX:VNP - Post by User

Comment by Possibleidiot01on Nov 14, 2020 3:59pm
102 Views
Post# 31901798

RE:RE:RE:RE:RE:RE:long term contract...

RE:RE:RE:RE:RE:RE:long term contract...When you go to the TMX site , under income statement you find the following sales pattern. all figures in millions .

2015 - $311.01
2016- $231.50
2017- $218
2018- $218
2019 -$195.97

this year -  Revenue for the third quarter and the nine-month period ended September 30, 2020 reached $39.9 million and $131.0 million compared to $49.6 million and $151.3 million during the same periods in 2019. The portion of the revenue attributed to the sale of metals was significantly lower than the same periods last year and the historically low metal notations reduced contribution from upstream activities.

I was curious if I overstated the decline. hope this adds to your understanding.
PI

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