Slide 1: Earnings Conference Call Q3 2025
Earnings Conference Call Q3 2025 Key Financial Figures
Slide 2: Forward Looking Statement
Forward Looking Statement Certain statements in this presentation may be forward‐looking within the meaning of applicable securities laws. Such forward‐looking statements are based on a number of estimates and assumptions that the Company believes are reasonable when made, including that 5N+ will be
Slide 3: Financial Highlights
Financial Highlights ＞ Revenue in Q3 2025 increased by 33% to $104.9 million, compared to $78.8 million in Q3 2024. The increase is primarily attributable to higher sales in the terrestrial renewable energy and space solar power sectors under Specialty Semiconductors, and higher bismuth-based produc
Slide 4: Revenue
Revenue Quarter ended September 30, 2025 Revenue Revenue – Quarterly Comparison (IN MILLIONS OF USD) (IN MILLIONS OF USD) $104.9 $101,1 $95.3 $3.9 $88.9 $78.8 $22.2 $70.9 $78.8 $104.9 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q3 2024 SPECIALTY PERFORMANCE Q3 2025 SEMICONDUCTORS MATERIALS Revenue in Q3
Slide 5: Adjusted EBITDA & EBITDA
Adjusted EBITDA & EBITDA Quarter ended September 30, 2025 Adjusted EBITDA (IN MILLIONS OF USD) Adjusted EBITDA in Q3 2025 increased by 86% to $29.1 million, representing an Adjusted $29.1 EBITDA margin1 of 27.7%, compared to $15.6 million, or an Adjusted EBITDA margin of $15.6 19.8%, in Q3 2024. Adj
Slide 6: Backlog
Backlog Quarter ended September 30, 2025 Backlog (IN NUMBER OF DAYS) Backlog stood at $357.5 million, representing 311 days of annualized revenue as at September 30, 2025, 14 days higher than in 311 the previous quarter. 289 297 326 268 Bookings1 for Specialty Semiconductors were at the same level a
Slide 7: Non-IFRS Measures
Non-IFRS Measures Quarter ended September 30, 2025 Adjusted EBITDA Adjusted EBITDA means operating earnings (loss) as defined before the (in thousands of U.S. dollars) Q3 2025 Q3 2024 YTD 2025 YTD 2024 $ $ $ $ effect of impairment of inventories, share-based compensation expense Revenues 104,895 78,
Slide 8: Non-IFRS Measures
Non-IFRS Measures Quarter ended September 30, 2025 EBITDA EBITDA means net earnings (loss) before interest expenses, income tax Q3 2025 Q3 2024 YTD 2025 YTD 2024 (in thousands of U.S. dollars) $ $ $ $ expense (recovery), depreciation and amortization. 5N+ uses EBITDA Net earnings 18,176 6,370 42,976
Slide 9: Non-IFRS Measures
Non-IFRS Measures Quarter ended September 30, 2025 Net debt Net debt is calculated as total debt less cash. Any introduced IFRS 16 As at As at (in thousands of U.S. dollars) September 30, 2025 December 31, 2024 reporting measures in reference to lease liabilities are excluded from the $ $ calculatio
Slide 10: Enabling Performance
5N-+ Enabling Performance