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IBC Advanced Alloys Reports Financial Results for the Quarter and Year Ended June 2025
Highlights (Unless otherwise noted, all financial amounts in this news release are expressed...
About this update from Ibc Advanced Alloys Corp.
[{"type":"text","content":"IBC Advanced Alloys Reports Financial Results for the Quarter and Year Ended June 2025Highlights(Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars. IBC is reporting the performance of \"continuing operations\" at its Copper Alloy division, \"discontinued operations\" at its Massachusetts facility, and a combination of continuing and discontinued operations.1IBC recently started producing shaped cast alloy parts, which broadens its manufacturing capabilities beyond forged alloy components. It also launched commercial production of aluminum-scandium alloy (containing 0.2% scandium), used across defense and commercial sectors.Sales of $17.8 million for the year ended June 30, 2025 declined by 30.8% year-over-year (Y/Y) due to weaker market demand for copper products driven by widespread global market uncertainty related to U.S. tariff and trade policies over the past nine months. Additionally, 44% of the relative decline, or approximately $7.8 million, was driven by two large, non-recurring orders in the comparative period of fiscal year 2024.Copper Alloys division's gross profit for the year decreased by 43.7%, and gross margin was down by 4%.On a consolidated basis, operating income and adjusted earnings before interest, taxes, depreciation, and amortization (\"Adjusted EBITDA\") for the year were negative. A net loss of $3.4 million was recorded. FRANKLIN, INDIANA / ACCESS Newswire / October 27, 2025 / IBC Advanced Alloys Corp. (\"IBC\" or the \"Company\") (TSXV:IB)(OTCQB:IAALF) announces its financial results for the quarter and year ended June 30, 2025.Sales at IBC's continuing operations 1 (its Copper Alloys Division) dropped by 30.8% in the year ended June 30, 2025 over the comparable prior-year period. The Engineered Materials division, where operations ceased and all contracts were completed before June 30, 2024, recorded no sales for the year.Gross profit in the Copper Alloys division dropped by 43.7% Y/Y, and gross margin declined by 4%, mainly due to higher labor and overhead costs as a percentage of revenue compared to the prior year.On a consolidated basis, operating income and Adjusted EBITDA for the year declined, mainly due to lower sales in the Copper Alloy division and ongoing EM division closure costs after its operations ceased in 2024.The consolidated loss for the...