IBC Advanced Alloys Reports Financial Results for the Quarter Ended September 2025

Rhea-AI Summary

IBC Advanced Alloys (OTCQB:IAALF, TSXV:IB) reported results for the quarter ended September 30, 2025. Quarter sales were $4.2 million, down 14.8% YoY, while consolidated net loss narrowed to $702,000 from $1.215 million a year earlier. Continuing operations revenue was $4.171 million; continuing operating loss improved to $67,000 versus $226,000 prior-year. Consolidated Adjusted EBITDA was ($55,000), versus ($449,000) in the prior-year quarter; continuing operations Adjusted EBITDA was $51,000 (prior: $14,000). Gross profit declined to $791,000 but gross margin rose to 19% from 18%.

Near-term drivers cited: softer copper demand, U.S. tariff/trade uncertainty, closure-related costs at the Engineered Materials division, and exploration of aluminum-scandium alloy sales using material from NioCorp Developments.

Positive

• Consolidated Adjusted EBITDA improved to ($55,000)
• Continuing operations Adjusted EBITDA increased to $51,000
• Continuing operating loss narrowed to $67,000
• Gross margin improved to 19% (up 1 ppt)

Negative

• Quarter sales declined 14.8% YoY to $4.2M
• Consolidated net loss of $702,000
• Discontinued operations Adjusted EBITDA of ($106,000) driving costs

News Market Reaction

+1.04%

1 alert

+1.04% News Effect

On the day this news was published, IAALF gained 1.04%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Quarter sales: $4.2M Continuing revenue: $4.171M Operating loss (cont.): $67,000 +5 more

8 metrics

Quarter sales $4.2M Quarter ended September 30, 2025; down 14.8% YoY

Continuing revenue $4.171M Continuing operations, quarter ended September 30, 2025

Operating loss (cont.) $67,000 Continuing operations; improved from $226,000 prior-year quarter

Consolidated net loss $702,000 Quarter ended September 30, 2025; prior-year $1.215M

Adjusted EBITDA (consol.) ($55,000) Quarter ended September 30, 2025; prior-year ($449,000)

Adjusted EBITDA (cont.) $51,000 Continuing operations; prior-year $14,000

Gross profit $791,000 Continuing operations; down from $858,000 prior-year

Gross margin 19% Continuing operations; up from 18% prior-year quarter

Market Reality Check

Price: $0.1500 Vol: Volume 108,573 vs 20-day ...

normal vol

$0.1500 Last Close

Volume Volume 108,573 vs 20-day average 94,004 suggests slightly elevated interest ahead of/around earnings. normal

Technical Price 0.166 is trading above the 200-day MA of 0.07, indicating a longer-term uptrend was in place pre-release.

Peers on Argus

Peers showed mixed moves: CYMHF -8.31%, RMTO -28.57%, LQMT +5.37%, while OLNCF a...

Peers showed mixed moves: CYMHF -8.31%, RMTO -28.57%, LQMT +5.37%, while OLNCF and GFLT were flat to slightly positive. With IAALF down 0.25% and no peers in the momentum scanner, the setup appeared stock-specific rather than a broad metal fabrication move.

Historical Context

5 past events · Latest: Dec 04 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Share compensation	Neutral	+1.5%	Share-based compensation issued to directors for prior service period.
Dec 01	Quarterly earnings	Positive	+1.0%	Quarter showed narrower net loss and better Adjusted EBITDA despite lower sales.
Oct 28	Investor conference	Positive	-8.1%	Presentation at ThinkEquity Growth Summit and investor meetings in New York.
Oct 27	Annual results	Negative	-8.1%	Full-year revenue decline and <b>$3.4M</b> net loss with margin compression.
Oct 24	Board appointment	Positive	+0.9%	Appointment of experienced aerospace/defense engineer to board of directors.

Pattern Detected

Earnings releases have produced mixed reactions: some weak-result quarters saw notable selloffs, while more balanced reports with loss improvement drew modest gains. Non-fundamental items (board changes, share compensation, conferences) generally led to smaller moves, sometimes diverging from their underlying tone.

Recent Company History

Over the last few months, IBC has reported several periods of declining revenue but also signs of operational improvement. The June 2025 results showed $17.8M revenue, down 30.8% Y/Y, and a $3.4M net loss, while earlier 2025 quarters cited softer copper demand and lingering costs from the shuttered Engineered Materials division. More recent updates focused on governance (a new director, share-based compensation) and investor outreach. Today’s September 2025 quarter continues this theme of weaker sales but narrowing losses and better Adjusted EBITDA.

Market Pulse Summary

This announcement highlights a mixed quarter: sales declined to $4.2M, down 14.8% year-over-year, bu...

Analysis

This announcement highlights a mixed quarter: sales declined to $4.2M, down 14.8% year-over-year, but the consolidated net loss narrowed to $702,000 and Adjusted EBITDA improved to ($55,000). Continuing operations posted positive Adjusted EBITDA of $51,000 and gross margin rose to 19%. Investors may monitor future earnings for trends in copper demand, the wind-down of Engineered Materials costs, and any traction from aluminum‑scandium alloy initiatives.

Key Terms

continuing operations, discontinued operations, adjusted EBITDA, gross margin, +2 more

6 terms

continuing operations financial

"IBC is reporting the performance of "continuing operations" at its Copper Alloy division"

Continuing operations are the parts of a company's business that it expects to keep running into the future, excluding divisions or activities it has sold, closed, or classified as discontinued. Investors watch continuing operations because they show the company’s core ability to generate revenue and profit over time — like evaluating the healthy, ongoing crops on a farm rather than one-off harvests from fields you've already sold.

discontinued operations financial

"and "discontinued operations" at its Massachusetts facility"

Discontinued operations are parts of a company that it has decided to sell or shut down, and no longer plans to run in the future. This matters to investors because it helps them understand which parts of the business are ongoing and which are being phased out, providing a clearer picture of the company’s current performance and future prospects. Think of it like a store closing a department—it no longer contributes to sales or profits.

adjusted EBITDA financial

"Adjusted EBITDA for the quarter of ($55,000) compared favorably to adjusted EBITDA1"

Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.

gross margin financial

"However, gross margin improved by 1%."

Gross margin is the difference between how much money a company makes from selling its products and how much it costs to produce them, expressed as a percentage of sales. It shows how efficiently a company is turning sales into profit before other expenses like marketing or salaries. Higher gross margin means the company keeps more money from each sale, which is a good sign of financial health.

IFRS regulatory

"Unless otherwise noted, all financial amounts are calculated following IFRS."

International Financial Reporting Standards (IFRS) are a set of common accounting rules used by many companies worldwide to prepare financial statements, so numbers like revenue, profit and assets are measured in the same way across borders. For investors, IFRS matters because it makes it easier to compare the financial health and performance of different companies—like using the same ruler to measure different objects—reducing surprises and helping informed investment decisions.

MD&A financial

"financial statements and management's discussion and analysis ("MD&A"), which can be accessed"

Management’s Discussion and Analysis (MD&A) is a section of a company’s financial filing where executives explain recent results, the reasons behind changes, risks faced, and expectations for the future in plain language alongside the numbers. Investors use it like an owner’s narrative to understand the story behind the raw financial data — what drove performance, potential pitfalls, and management’s plans — helping judge whether the company’s numbers are likely to improve or worsen.

AI-generated analysis. Not financial advice.

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

• The 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 to explore expanding into sales of aluminum-scandium alloys, which we successfully began producing in October from aluminum-scandium master alloy provided by NioCorp Developments."

Selected Results

Unless otherwise noted, all financial amounts are calculated following IFRS.¹

	SELECTED RESULTS: ($000s)
		Quarter Ended 9-30-2025				Quarter Ended 9-30-2024
CONTINUING OPERATIONS
Revenue		$	4,171			$	4,899
Operating loss		$	(67	)		$	(226	)
Net Loss		$	(573	)		$	(652	)
Adjusted EBITDA		$	51			$	14
Gross Profit		$	791			$	858
Gross Margin			19	%			18	%
DISCONTINUED OPERATIONS
Net Loss		$	(129	)		$	(563	)
Adjusted EBITDA		$	(106	)		$	(463	)
CONSOLIDATED OPERATIONS
Net Loss		$	(702	)		$	(1,215	)
Adjusted EBITDA		$	(55	)		$	(449	)

 

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: jim.sims@ibcadvancedalloys.com
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, aluminum bronze and aluminum-scandium. 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

FAQ

What were IBC Advanced Alloys (IAALF) sales for Q3 2025 and how did they compare YoY?

Q3 2025 sales were $4.2 million, down 14.8% year-over-year.

How did IBC's consolidated net loss for the quarter ended September 30, 2025 affect IAALF?

IBC reported a consolidated net loss of $702,000, narrowed from $1.215 million a year earlier.

What change occurred in IBC's Adjusted EBITDA in Q3 2025 for IAALF?

Consolidated Adjusted EBITDA improved to ($55,000) from ($449,000) in Q3 2024.

Did IBC report any improvement in margins or operating performance for IAALF in Q3 2025?

Yes — continuing operations gross margin rose to 19% (up 1 percentage point) and operating loss narrowed to $67,000.

What drove IBC's third-quarter 2025 results for IAALF?

Management cited weaker copper demand, U.S. tariff/trade uncertainty, closure costs from the Engineered Materials division, and interest costs.

Is IBC (IAALF) pursuing any new product lines mentioned in the Q3 2025 report?

Yes — the company is exploring sales of aluminum-scandium alloys after beginning production in October using master alloy from NioCorp Developments.