IBC Advanced Alloys Corp. (OTCQB:IAALF) Q2 2025 Results Conference Call March 3, 2025 10:00 AM ET Company Participants Jim Sims - Director of Investor and Public Relations Mark Smith - CEO & Chairman Jim Sims Good day, everyone, and welcome to this IBC Advanced Alloys Investor Update Webcast to discuss the company's financial performance for the three and six months ended December 31, 2024, that constitutes IBC's second fiscal quarter of 2025. I'm Jim Sims, Director of Investor and Public Relations with IBC.
FRANKLIN, IN / ACCESSWIRE / January 6, 2025 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) is pleased to announce that it has entered into amendments (the "Amendments") with Mr. Mark Smith (the "Lender"), Chairman and Chief Executive Officer of the Company, to extend the maturity dates of two existing credit facility agreements (the "Existing Loan Agreements") with the Lender until June 30, 2025 and certain other revisions governing monthly repayment obligations.
FRANKLIN, IN / ACCESSWIRE / December 31, 2024 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) is pleased to announce the appointment of Terena White to the position of Chief Financial Officer ("CFO") and Corporate Secretary, effective January 1, 2025. Ms. White has served as IBC's Corporate Controller since September 30, 2019, and replaces Toni Wendel, who is retiring.
Highlights of the Quarter Ended September 30, 2024 (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 continued and discontinued operations.1 Copper alloys division (continuing operations) sales remained steady at $4.9 million Copper alloys division operations operating income1 dropped slightly to $322,000 from $338,000 in the prior-year period. Copper Alloys gross margin remained largely unchanged quarter-over-quarter ("Q/Q").
IBC Advanced Alloys Corp. (OTCQB:IAALF) Q4 2024 Earnings Conference Call October 28, 2024 12:00 PM ET Company Participants Jim Sims - Director of IR and Public Relations Mark Smith - CEO and Chairman Jim Sims Good morning, everyone and welcome to this IBC Advanced Alloys Investor Update webcast. We are going to discuss today IBC's financial performance for the quarter and year ended June 30, 2024.
Company Sets Several Financial Performance Records in FY 2024 as it Now Focuses on Expanding its Copper Alloys Business Highlights of the Quarter and Year Ended June 30, 2024 (Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars) For this period only, IBC is reporting the performance of "discontinued operations" at its Massachusetts facility, "continuing operations" at its Copper Alloy division, and a combination of continued and discontinued operations. [1] IBC combined sales1 increased 50.9% and 33.4% year-over-year ("Y/Y") for the quarter and year, respectively, on higher product demand.
FRANKLIN, ID / ACCESSWIRE / October 24, 2024 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) will release its financial results for the quarter and year ended June 30, 2024 on Monday, October 28, 2024, prior to market trading. The company will also host a live investor webcast on October 28, 2024, at 12 Noon Eastern to discuss those results.
IBC's Beryllium Alloy Division Discontinues Operations as IBC Shifts to a Potential Expansion of its Indiana-Based Copper Alloys Business FRANKLIN, IN / ACCESSWIRE / September 5, 2024 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) announces that its Massachusetts-based beryllium-aluminum alloy facility has successfully completed all work on its final production contracts and has discontinued operations. IBC is now focused on growing its Copper Alloys division in Franklin, Indiana and anticipates that the discontinuation of its beryllium-aluminum alloy based Engineered Materials ("EM") division will expand free cash flow.
FRANKLIN, IN / ACCESSWIRE / July 11, 2024 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) announces that, further to its press release dated June 25, 2024, the Company has issued (i) 1,714,284 common shares in the capital of the Company (the "Fee Shares") to its directors in consideration for their services to the Company for the period from July 2023 through June 2024, and (ii) 4,982,000 common shares in the capital of the Company (the "Bonus Shares", and together with the Fee Shares, the "Common Shares") to Mark Smith in consideration for his guarantee of amounts owing under the Company's credit facilities with Iron Horse Credit, LLC and Sallyport Commercial Finance, LLC. The shares are subject to a four month and one day hold period.
IBC Advanced Alloys Corp. (OTCQB:IAALF) Q3 2024 Earnings Call Transcript May 20, 2024 11:00 AM ET Company Participants Jim Sims - Director of IR and Public Relations Mark Smith - CEO and Chairman Toni Wendel - CFO and Board Secretary Jim Sims Good day, everyone, and welcome to this IBC Advanced Alloys Investor Update Webcast. We're going to discuss today the company's financial performance for the quarter ended March 31, 2024.
Company Sets Several Financial Performance Records as it Releases its Financial Results for the Quarter Ended March 31, 2024 Highlights of the Quarter and Trailing 12 Months (Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars.) Net income of $1.36 million, or $0.01 per share, in the quarter on sales of $10.2 million - a new quarterly record.