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IBC Advanced Alloys Reports Financial Results for the Quarter Ended September 2025
Highlights (Unless otherwise noted, all financial amounts in this news release are expressed i...
About this update from Ibc Advanced Alloys Corp.
[{"type":"text","content":"IBC Advanced Alloys Reports Financial Results for the Quarter Ended September 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.1The operating loss from continuing operations in the quarter improved from $226,000 to $67,000.On a consolidated basis, Adjusted EBITDA for the quarter of ($55,000) compared favorably to adjusted EBITDA1 of ($449,000) in the prior year quarter. IBC recorded a loss of $702,000, which compared favorably to a loss in the prior-year quarter of $1.2 million.Sales of $4.2 million for the quarter ended September 30, 2025 declined by 14.8% year-over-year (YOY). FRANKLIN, IDAHO / ACCESS Newswire / December 1, 2025 / IBC Advanced Alloys Corp. (\"IBC\" or the \"Company\") (TSXV:IB)(OTCQB:IAALF) announces its financial results for the quarter ended September 30, 2025.Sales at IBC's continuing operations (its Copper Alloys division) of $4.2 million were lower YOY, largely due to weaker market demand for copper products and market uncertainty related to U.S. tariff and trade policies. The operating loss of $67,000 was an improvement over the operating loss of $226,000 in the prior-year period as the Company trimmed its overhead following closure of the Engineered Materials division. Continuing operations adjusted EBITDA of $51,000 was similarly improved over Adjusted EBITDA of $14,000 in the comparative quarter. Gross profit declined by 7.8% YOY in the quarter as fixed operating costs were spread over a smaller volume of production. However, gross margin improved by 1%.Consolidated loss in the quarter of $702,000 narrowed from a loss of $1.2 million in the comparative period. The quarter's loss was largely due to (1) ongoing closing costs at the company's Engineered Materials division, which was shuttered in 2024, (2) lower sales at the Copper Division, and (3) interest costs.\"The relatively soft market demand for copper products that we have seen this year continued in the third calendar quarter of 2025, but we are starting to see signs of demand recovery,\" said Mark A. Smith, CEO and Executive Chairman of IBC. \"The Company is also continuing ...