on IBC Advanced Alloys Corp. (CVE:IB)
IBC Advanced Alloys Reports Significant Financial Improvement
IBC Advanced Alloys Corp. has released its financial results for the quarter ending December 2025. The company achieved a 36.6% year-over-year increase in sales, totaling $4.9 million. This growth was primarily driven by the increased demand for copper alloy products. The operating income for the quarter reached $111,000, reversing a loss from the previous year, while the Adjusted EBITDA improved to $349,000 from a negative $396,000 in the prior year.
The company's Engineered Materials division in Massachusetts was closed in 2024. This move reduced costs significantly and contributed to narrowing the consolidated quarterly loss to $480,000, compared to $1.4 million last year. IBC continues to explore the aluminum-scandium alloy market, with the anticipation of a domestic supply boost in the U.S.
R. H.
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