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IBC Advanced Alloys (TSE:IB)
:IB
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IBC Advanced Alloys
(IB)
Rating:46Neutral
Price Target:
C$0.00
▼(-100.00% Downside)
Positive Factors
Strategic Partnerships
These partnerships provide stable and recurring revenue, enhancing financial stability and market position in the aerospace and defense sectors.
Cash Generation
Solid cash generation relative to income indicates effective cash management, supporting operational needs and potential investments.
Credit Facility Amendment
The amendment enhances financial flexibility, allowing the company to better manage debt and invest in growth opportunities.
Negative Factors
Profitability Challenges
Ongoing profitability issues and high leverage can strain financial resources, limiting the company's ability to invest in growth.
Inconsistent Revenue Growth
Fluctuating revenue trends suggest challenges in maintaining market demand and operational efficiency, affecting long-term growth prospects.
High Leverage Risk
High leverage increases financial risk, potentially impacting the company's ability to withstand economic downturns or invest in new opportunities.
IBC Advanced Alloys (IB) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$8.01M
Dividend YieldN/A
Average Volume (3M)26.27K
Price to Earnings (P/E)―
Beta (1Y)1.02
Revenue GrowthN/A
EPS GrowthN/A
CountryCA
Employees38
SectorBasic Materials
Sector Strength62
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding114,430,855
10 Day Avg. Volume31,280
30 Day Avg. Volume26,269
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering0
IBC Advanced Alloys Business Overview & Revenue Model
Company DescriptionIBC Advanced Alloys is a leading manufacturer and supplier specializing in advanced alloys and precision-cast components. The company operates primarily in the aerospace, defense, automotive, and industrial sectors, providing high-performance beryllium-aluminum alloys, copper alloys, and related products. IBC Advanced Alloys is committed to delivering innovative materials technology solutions that enhance the performance and reliability of critical applications.
How the Company Makes MoneyIBC Advanced Alloys generates revenue through the sale of its advanced alloy products and precision-cast components. The company's key revenue streams include sales of beryllium-aluminum alloys, which are used in aerospace and defense applications due to their lightweight and strong properties, and copper alloys that are utilized in various industrial and commercial applications. IBC Advanced Alloys also earns income from custom manufacturing services, where it leverages its expertise in materials science and engineering to produce specialized components for clients. Additionally, strategic partnerships and long-term contracts with major industry players contribute significantly to the company's earnings by providing stable and recurring revenue sources.
IBC Advanced Alloys Earnings Call Summary
Earnings Call Date:May 29, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Nov 03, 2025
Earnings Call Sentiment Neutral
The earnings call reflects a challenging period for IBC with a decline in revenue and significant losses largely driven by nonrecurring factors and higher costs. However, there are promising future opportunities, particularly in expanding contracts with the U.S. Navy and potential benefits from the Section 232 investigation on copper imports. Thus, while there are significant challenges, the strategic opportunities and actions being taken could position the company for future growth.Q2-2025 Updates
Positive Updates
Potential Growth in U.S. Navy Contracts
IBC is in discussions to expand its supply of copper alloy products to the U.S. Navy, particularly for submarines, due to the Navy's aggressive shipbuilding plans through 2030. The company is already an approved supplier for major shipbuilders.
Section 232 Investigation on Copper Imports
A Section 232 investigation initiated by President Trump could lead to tariffs on copper imports, potentially benefiting IBC as a domestic producer. IBC is actively engaging with the administration to seek enhanced support for its operations.
Expansion and Modernization of Manufacturing Facility
Since the completion of a $5.7 million expansion of its copper alloys manufacturing facility in 2022, IBC's sales grew from $13.7 million to over $25 million annually, positioning the company for future growth as market demand recovers.
Negative Updates
Decline in Revenue
IBC reported $7.1 million in revenue for the six months ended December 2024, down from $12 million in the prior period. This decline was partly due to nonrecurring orders and softer market demand.
Significant Losses and Higher Costs
IBC experienced a $2.6 million loss year-to-date, driven by closing costs at the Engineered Materials division, higher-than-normal SG&A expenses, and debt service payments.
Ongoing Costs from Discontinued Operations
The closure of the Engineered Materials division has resulted in ongoing lease commitments, impacting IBC's financials.
Company Guidance
In the call, IBC Advanced Alloys provided guidance on several key metrics and developments. The company reported $7.1 million in revenue for the six months ended December 31, 2024, compared to $12 million in the prior period, with $3.2 million of the decline attributed to large nonrecurring orders from fiscal year 2024. IBC posted a $2.6 million loss year-to-date, primarily due to closing costs at its Engineered Materials division, elevated corporate SG&A costs, and debt service payments. The company anticipates a reduction in these expenses going forward, following the completion of Engineered Materials division closure activities in December 2024. IBC's copper alloy operations have seen an upward trend in gross profit and margin since a $5.7 million expansion in 2022, despite a dip in the past six months. Looking ahead, IBC is exploring growth opportunities, particularly in the U.S. Naval defense sector, where it has engaged in discussions to expand its supply of specialized alloys to shipbuilders. Additionally, the company is closely monitoring the implications of a Section 232 investigation into copper and copper alloy imports initiated by President Trump, which could potentially enhance support for domestic producers like IBC.IBC Advanced Alloys Financial Statement Overview
Summary
IBC Advanced Alloys faces profitability challenges with negative net income and high leverage, impacting financial stability. While operating cash flows are positive, inconsistent revenue and profit margins highlight operational inefficiencies.Income Statement
The company shows inconsistent revenue growth with a decline in TTM. The gross profit margin for TTM is 20.96%, which is moderate, whereas the net profit margin is negative due to net losses, indicating profitability issues. EBIT and EBITDA margins are low, suggesting operational inefficiencies.48
Neutral
Balance Sheet
The balance sheet shows a high debt-to-equity ratio, indicating leverage risk. The equity ratio is low at 14.06%, reflecting limited shareholder equity compared to assets. ROE is negative in TTM, indicating profitability challenges.42
Neutral
Cash Flow
Positive free cash flow in TTM with a strong operating cash flow to net income ratio, indicating solid cash generation relative to income. However, free cash flow growth has been inconsistent over the periods analyzed.55
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.68M | 25.66M | 21.51M | 26.45M | 21.81M | 20.85M |
| Gross Profit | 1.31M | 6.23M | 5.02M | 5.25M | 4.23M | 2.78M |
| EBITDA | -1.65M | 2.71M | 3.11M | 2.01M | 945.00K | 1.29M |
| Net Income | -2.77M | 1.68M | -5.93M | -1.13M | -1.52M | -1.12M |
Balance Sheet | ||||||
| Total Assets | 21.13M | 24.54M | 28.32M | 27.65M | 25.18M | 19.28M |
| Cash, Cash Equivalents and Short-Term Investments | 418.00K | 1.42M | 83.00K | 478.00K | 2.36M | 509.00K |
| Total Debt | 13.36M | 14.30M | 14.88M | 12.96M | 11.13M | 9.08M |
| Total Liabilities | 18.78M | 19.25M | 25.36M | 20.77M | 18.51M | 13.50M |
| Stockholders Equity | 2.35M | 5.29M | 2.96M | 6.88M | 6.67M | 5.78M |
Cash Flow | ||||||
| Free Cash Flow | 4.19M | 1.59M | -1.89M | -3.01M | 173.02K | -2.33M |
| Operating Cash Flow | 4.65M | 2.11M | -1.43M | 1.05M | 3.01M | -2.06M |
| Investing Cash Flow | 10.00K | -524.77K | -459.00K | -3.91M | -2.40M | -270.00K |
| Financing Cash Flow | -5.48M | -424.77K | 1.48M | 1.01M | 1.25M | 2.13M |
IBC Advanced Alloys Technical Analysis
Negative
0.07
Price Trends
0.06
Negative
0.06
Negative
0.07
Negative
Market Momentum
<0.01
Negative
46.66
Neutral
44.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IB, the sentiment is Negative. The current price of 0.07 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 46.66 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IB.
IBC Advanced Alloys Peers Comparison
Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | C$239.44M | 7.11 | 22.54% | 0.48% | -24.64% | -27.22% | |
61 Neutral | $10.48B | 7.52 | -0.05% | 2.87% | 2.87% | -36.73% | |
53 Neutral | C$12.55M | ― | 78.34% | ― | 129.12% | 28.25% | |
47 Neutral | C$8.32M | ― | -9.88% | ― | 41.05% | 94.44% | |
46 Neutral | C$8.01M | ― | 34.86% | ― | ― | ― | |
36 Underperform | C$7.81M | ― | -336.15% | ― | -58.04% | -71.29% | |
| ― | $7.17M | ― | 2.73% | ― | ― | ― |
* Basic Materials Sector Average
Performance Comparison
TSE:IB
IBC Advanced Alloys
0.07
>-0.01
-12.50%
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8.26
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0.06
-0.04
-40.00%
TSE:PDO
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0.26
0.20
333.33%
KIQSF
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0.13
-0.02
-13.33%
IBC Advanced Alloys Corporate Events
Private Placements and FinancingBusiness Operations and Strategy
IBC Advanced Alloys Amends Credit Facilities to Enhance Financial Flexibility
Neutral
Jun 10, 2025
IBC Advanced Alloys Corp. has amended its existing credit facilities with its CEO, Mark Smith, extending the maturity dates to December 31, 2025, and increasing the available principal by $452,500. This amendment, which involves a related party transaction, is subject to TSX Venture Exchange approval and reflects the company’s strategic financial management, potentially impacting its operational flexibility and stakeholder relations.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.