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IBC Advanced Alloys Corp (TSE:IB)
:IB
RESEARCH TOOLSreports
Earnings Data
Report Date
Jun 03, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 03, 2025
|% Change Since: -12.50%
|Next Earnings Date:Jun 03, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant growth opportunities in the U.S. Naval defense sector and potential benefits from a federal investigation into copper imports, positioning IBC for future success. However, these positives were tempered by immediate challenges such as a notable revenue decline and financial losses due to the closure of the Engineered Materials division.Company Guidance
During the IBC Advanced Alloys Investor Update Webcast, CEO Mark Smith provided detailed guidance on the company's financial performance and strategic outlook. For the six months ended December 31, 2024, the company reported $7.1 million in revenue, down from $12 million in the prior period, largely due to two nonrecurring orders and softer market demand. The company recorded a $2.6 million loss year-to-date, influenced by closure costs at the Engineered Materials division, elevated corporate SG&A expenses, and debt service obligations. However, Smith expressed optimism for future growth, citing the completion of Engineered Materials division closure activities and anticipated recovery in copper market demand. He highlighted IBC's strategic position to capitalize on the U.S. Navy's aggressive shipbuilding plans through expanded supply of copper alloy products, supported by potential policy measures like the Section 232 investigation initiated by President Trump. Smith also emphasized the company's enhanced production capabilities following a $5.7 million expansion of its copper alloys manufacturing facility in Franklin, Indiana, positioning IBC for future growth as market conditions improve.Expansion and Modernization of Copper Alloys Facility
Completed a $5.7 million expansion and modernization of the copper alloys manufacturing facility in Franklin, Indiana, increasing production space to 83,000 square feet and positioning IBC for future growth.
Growth Opportunities in U.S. Naval Defense
IBC is in discussions with U.S. Navy shipbuilders and defense policy leaders to expand supply of specialized alloys for submarines, with potential for increased business due to aggressive shipbuilding plans.
Potential Benefits from Section 232 Investigation
A Section 232 investigation initiated by President Trump could strengthen competitiveness of U.S. copper producers like IBC, potentially leading to tariffs and quotas that could benefit domestic supply chains.
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TSE:IB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:IB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 03, 2025 | C$0.08 | C$0.08 | 0.00% |
Nov 27, 2024 | C$0.08 | C$0.08 | 0.00% |
Oct 28, 2024 | C$0.06 | C$0.08 | +33.33% |
May 16, 2024 | C$0.07 | C$0.08 | +14.29% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does IBC Advanced Alloys Corp (TSE:IB) report earnings?
IBC Advanced Alloys Corp (TSE:IB) is schdueled to report earning on Jun 03, 2025, TBA Not Confirmed.
What is IBC Advanced Alloys Corp (TSE:IB) earnings time?
IBC Advanced Alloys Corp (TSE:IB) earnings time is at Jun 03, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:IB EPS forecast?
Currently, no data Available
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