News about IBC Advanced Alloys

IBC Advanced Alloys reported improved results for the fiscal year ended June 30, 2026. Annual sales reached $19.5 million, up 9.8% from the prior year, and gross profit rose 8.12% to $3.8 million. Fourth-quarter revenue hit $5.7 million, up 19.4%, driven by stronger demand from the defense and electronics industries, while higher copper prices were passed on to customers. The company posted an operating loss of $210,000, down from $1.5 million a year earlier, and Adjusted EBITDA of $591,000 compared with a $400,000 loss in the prior year. The net loss for the year was $2.2 million versus $3.4 million previously.