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IBC Advanced Alloys narrowed its quarterly loss to $702,000 in Q3 2025, driven by cost cuts and improved copper performance, despite lower sales.
IBC Advanced Alloys reported a narrower consolidated loss of $702,000 for the quarter ended September 30, 2025, down from $1.2 million a year earlier, driven by improved performance in its Copper Alloy division and cost reductions after closing its Engineered Materials unit in 2024.
Operating loss from continuing operations improved to $67,000 from $226,000, and adjusted EBITDA rose to $51,000 from $14,000.
Sales declined 14.8% to $4.2 million due to weak copper demand and trade policy uncertainty, while gross profit dropped 7.8% despite a 1% improvement in gross margin.
The company cited ongoing closure costs and interest expenses as key losses.
CEO Mark A. Smith noted early signs of recovery and highlighted the launch of aluminum-scandium alloy production in October using material from NioCorp Developments.
IBC Advanced Alloys redujo su pérdida trimestral a $702,000 en el tercer trimestre de 2025, impulsada por recortes de costos y mejor desempeño del cobre, a pesar de ventas más bajas.