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NextSource Materials Inc (TSE:NEXT)
TSX:NEXT
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
>-0.01Last Year’s EPS
-0.01Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 14, 2025
|% Change Since: -29.41%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong strategic moves and long-term growth potential, especially in securing liquidity and strategic partnerships. However, the company is still facing significant market challenges, including oversupply in the graphite market and delays in reaching commercial production at the Molo Graphite Mine.Company Guidance
During the call, NextSource Materials, Inc. highlighted several key metrics and objectives for the fiscal year 2025. The company reported a cash position of $3.3 million as of December 31, 2024, and secured additional liquidity of up to $20 million through a credit facility with Vision Blue Resources Limited. The Molo Graphite Mine's ramp-up aims to reach production of 15,000 to 17,000 tonnes per year, balancing capacity with market demand and sales channels. Despite challenging market conditions marked by a graphite oversupply, the company remains optimistic about the long-term market outlook, anticipating price recovery driven by rising EV demand. NextSource is focused on optimizing the Molo plant and securing strategic BAF offtake agreements and OEM partnerships to support its Battery Anode Facility strategy. The company also aims to expand its customer base and optimize working capital to support growth.Strong Liquidity Position
Secured a drawdown credit facility of up to US$20 million with Vision Blue Resources Limited, enhancing liquidity for Battery Anode Facility strategy and general working capital.
Strategic Partnerships and Expansion
Secured shipments of high-quality SuperFlake graphite to Germany and the U.S., and ongoing efforts to secure long-term BAF offtake agreements.
Positive Market Long-Term Outlook
Global battery demand expected to surge, with 97 new graphite mines needed by 2035 according to Benchmark Minerals Intelligence.
Strong Management Team
Strengthened management team with new CFO and key roles to support global growth strategy.
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TSE:NEXT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:NEXT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 14, 2025 | C$0.68 | C$0.53 | -22.06% |
| Nov 12, 2024 | C$0.55 | C$0.55 | 0.00% |
| Oct 04, 2024 | C$0.61 | C$0.62 | +1.64% |
| May 09, 2024 | C$0.67 | C$0.67 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does NextSource Materials Inc (TSE:NEXT) report earnings?
NextSource Materials Inc (TSE:NEXT) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is NextSource Materials Inc (TSE:NEXT) earnings time?
NextSource Materials Inc (TSE:NEXT) earnings time is at May 09, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:NEXT EPS forecast?
TSE:NEXT EPS forecast for the fiscal quarter 2025 (Q3) is >-0.01.
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