on IBC Advanced Alloys Corp. (CVE:IB)
IBC Advanced Alloys' Quarterly Financial Performance
IBC Advanced Alloys Corp. announced its financial results for the quarter ending September 30, 2025. The company's sales totaled $4.2 million, marking a 14.8% decrease compared to the previous year, largely due to reduced demand for copper products linked to U.S. trade policies. Despite the decline in sales, IBC's operating loss from continuing operations improved significantly, dropping from $226,000 to $67,000. Additionally, the company's consolidated net loss narrowed to $702,000 from $1.2 million a year earlier. This reduction is attributed to cost cuts following the closure of the Engineered Materials division.
IBC recorded an Adjusted EBITDA of ($55,000) for the quarter, much improved from the previous year's ($449,000). Although gross profit declined by 7.8% due to lower production volumes, the gross margin increased by 1%. The company sees signs of market recovery and is exploring sales expansion into aluminum-scandium alloys.
R. H.
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