-
Missing F-35 fighter parts 'not sensitive', says Australia minister
-
Mobile boat clinics bring healthcare to India's remote islands
-
Cambodia showcases scams crackdown with global conference
-
Former India paceman Zaheer Khan named Chennai coach in IPL
-
Afghan cyclist who disguised herself as man wins Asian Games silver
-
Six-year-old Chinese girl sets world record with Rubik's Cube
-
Typhoon Dujuan leaves four dead in Japan, 45,000 houses without power
-
Swimming prodigy Yu, 13, says 'interviews way harder than racing'
-
G7 leaders condemn Houthi strikes on Saudi Arabia
-
Star coaches make their bows as Nations League returns
-
Google data centre sparks protests in Austria
-
Rams bounce back as Giants reel from Dart injury
-
Shin Ohashi: Junk food-loving teen and Japan's next big swimming hope
-
In Bangladesh, Pakistan's Jinnah photo stirs anger
-
Stocks rise on AI buzz, drop in oil prices
-
Two New Zealand naval ships transit Taiwan Strait
-
China's robot dancers limber up for America's Got Talent final
-
Zidane gets down to work as France start new era
-
Despite military might, Saudi struggles to crush the Houthis
-
Inside the Venezuelan prison meant to 'drive you insane'
-
Trump to tout deals, defend Iran war in UN speech
-
UK king braces as memoir by Diana's brother goes on sale
-
Sri Lanka to issue verdict in landmark Easter attack trial
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - September 22
-
Coretura Selects Alloy Kore to Advance a Unique Software-Defined Vehicle Platform for Its Commercial Vehicle Customers
-
Caledonia Mining Corporation PLC: Notification of Relevant Change to Significant Shareholder
-
Akkodis and Hamburg Public Transport Association Showcase hvv mia at InnoTrans 2026, Demonstrating the Future of AI-Powered Mobility
-
No green light to lift EU sanctions on Russian oligarchs, talks to resume
-
Macron says talks with Trump on Red Sea, Ukraine 'constructive'
-
UK agrees support for Saudi in struggle with Houthis: reports
-
Green policies just good politics, says UK minister
-
EU foreign policy chief calls for continued sanctions on Russia
-
Bardot auction in Paris fetches nearly one million euros
-
Flights scrapped, evacuations urged as Typhoon Dujuan wallops Japan
-
No timeline on Daniels injury return, says Commanders coach
-
Fonseca to take break from tennis
-
British Columbia sues OpenAI in US court over Canada school shooting
-
A Cuban zoo, and its animals, in epic battle for survival
-
French star Batum retires after 18-year NBA career
-
Infantino proposes consulting federations to reform FIFA
-
Zidane leads first France training session
-
El Nino weather pattern enters record territory: scientist
-
Man shot by ICE agent in Texas detained with bullet inside him: lawyer
-
OpenAI calls for US to lead global effort on AI standards
-
California declares state of emergency ahead of El Nino
-
South African ostriches plucked alive for luxury fashion: report
-
South Africa arrests three more suspects, after nine women murdered
-
US networks halt Trump coverage in revolt over White House ban
-
Carse needs time away from England, says captain Brook
-
Paramount settles with US states to clear Warner Bros. mega-merger
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 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.1
IBC 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 year of $3.4 million was mainly caused by (1) ongoing closing expenses at the EM division, (2) higher-than-normal corporate SG&A costs due to the EM division shutdown, (3) reduced sales at the Copper Division, and (4) interest expenses.
Selected Results
Unless otherwise noted, all financial amounts are calculated following IFRS. 1
SELECTED RESULTS: ($000s) | |||||||||||||||
Quarter Ended | Quarter Ended | Year Ended | Year Ended | ||||||||||||
CONTINUING OPERATIONS | |||||||||||||||
Revenue | $ | 4,787 | $ | 7,050 | $ | 17,763 | $ | 25,664 | |||||||
Operating income | $ | 250 | $ | 493 | $ | (485 | ) | $ | 2,118 | ||||||
Income | $ | 96 | $ | 18 | $ | (2,216 | ) | $ | 56 | ||||||
Adjusted EBITDA 1 | $ | 732 | $ | 831 | $ | 603 | $ | 3,106 | |||||||
Gross Profit | $ | 1,164 | $ | 2,066 | $ | 3,509 | $ | 6,234 | |||||||
Gross Margin | 24 | % | 29 | % | 20 | % | 24 | % | |||||||
DISCONTINUED OPERATIONS | |||||||||||||||
Revenue | - | $ | 4,067 | - | $ | 12,411 | |||||||||
Operating income (loss) 1 | $ | (152 | ) | $ | 1,864 | $ | (1,030 | ) | $ | 3,482 | |||||
Income (loss) | $ | (177 | ) | $ | 541 | $ | (1,197 | ) | $ | 1,642 | |||||
Adjusted EBITDA 1 | $ | (147 | ) | $ | 2,097 | $ | (1,003 | ) | $ | 4,329 | |||||
CONSOLIDATED OPERATIONS | |||||||||||||||
Revenue | $ | 4,787 | $ | 11,117 | $ | 17,763 | $ | 38,075 | |||||||
Operating income (loss) | $ | 98 | $ | 2,357 | $ | (1,515 | ) | $ | 5,600 | ||||||
Income (loss) | $ | (81 | ) | $ | 559 | $ | (3,413 | ) | $ | 1,698 | |||||
Adjusted EBITDA 1 | $ | 585 | $ | 2,928 | $ | (400 | ) | $ | 7,435 | ||||||
Production Launch of Shaped Cast Components
In addition to its current production of forged, machined, and extruded copper alloy parts for customers in defense and commercial markets, IBC recently gained the ability to produce shaped castings of copper alloy components. IBC can now cast individual parts such as elbows, flanges, and other components weighing up to 500 lbs. each using air-set sand molds.

Commercial Production of Aluminum-Scandium Alloy
IBC recently completed its first-ever commercial-scale production of aluminum-scandium (Al-Sc) alloy, which is used in a wide range of military and commercial applications. Using Al-Sc master alloy, containing about 2% scandium by weight, IBC can now produce 0.2% Al-Sc alloy that meets commercial specifications.
"While nearly the entire copper alloy industry has faced macro headwinds so far in 2025 due to market disruptions related to U.S. trade and tariff policies, we are beginning to see sales growth return to more normal levels as some of this global market uncertainty starts to dissipate," said Mark A. Smith, Chairman and CEO of IBC.
"I am also very pleased with IBC's successful launch of both shaped cast component manufacturing and commercial production of aluminum-scandium alloy," Mr. Smith added. "Both of these new capabilities potentially open up a variety of new markets for us going forward."

Full results are available in the Company's financial statements and management's discussion and analysis (" MD&A "), which can be accessed at sedarplus.ca and on the Company's website at https://ibcadvancedalloys.com/investors-center/ .
For more information on IBC and its innovative alloy products, go here .
On Behalf of the Board of Directors:
"Mark A. Smith "
Mark A. Smith, CEO & Chairman of the Board
# # #
CONTACTS:
Mark A. Smith, Chairman of the Board
Jim Sims, Director of Investor and Public Relations
+1 (303) 503-6203
Email: [email protected]
Website: www.ibcadvancedalloys.com
ABOUT IBC ADVANCED ALLOYS CORP.
IBC is a leading advanced copper alloys manufacturer serving a variety of industries such as defense, aerospace, automotive , telecommunications, precision manufacturing, and others. At its vertically integrated production facility in Franklin, Indiana, IBC manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The Company's common shares are traded on the TSX Venture Exchange under the symbol "IB" and the OTCQB under the symbol "IAALF".
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain information contained in this news release may be forward-looking information or forward-looking statements as defined under applicable securities laws. Forward-looking information and forward-looking statements are often, but not always identified by the use of words such as "expect", "anticipate", "believe", "foresee", "could", "estimate", "goal", "intend", "plan", "seek", "will", "may" and "should" and similar expressions or words suggesting future outcomes. This news release includes forward-looking information and statements pertaining to, among other things, the Company's expectation of further growth in revenue and market demand, and the ability of the Copper Alloy division to increase its production capacity, reduce unit costs of production, expand its product portfolio and expand into new markets, the closure of the Engineered Materials division and the expected charge to operations in connection therewith, potential market demand for shaped alloy parts and Al-Sc alloy components, and future copper and scandium alloy market conditions generally. Forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the risk that the Company may not be able to make sufficient payments to retire its debt, the impact of general economic conditions in the areas in which the Company or its customers operate, including the semiconductor manufacturing and oil and gas industries, risks associated with manufacturing activities, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, imposition of tariffs, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. As a result of these risks and uncertainties, the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.
Please see "Risk Factors" in our Annual Information Form available under the Company's profile at www.sedarplus.ca , for information on the risks and uncertainties associated with our business. Readers should not place undue reliance on forward-looking information and statements, which speak only as of the date made. The forward-looking information and statements contained in this release represent our expectations as of the date of this release. We disclaim any intention or obligation or undertaking to update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws.
1 We report non-IFRS measures such as "Adjusted EBITDA". Please see information on this and other non-IFRS measures in the "Non-IFRS Measures" section of this news release and in IBC's MD&A, available on sedarplus.ca
SOURCE: IBC Advanced Alloys Corp.
View the original press release on ACCESS Newswire
W.Nelson--AT