IBC Advanced Alloys Corp. (V:IB)
Business Focus: Nonferrous Metal Processing
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
| Company Contact | |
| Address: | 401 ARVIN ROAD FRANKLIN IN 46131 |
| Tel: | 1-303-5036203 |
| Website: | https://ibcadvancedalloys.com |
| IR: | See website |
| Key People | ||
| Mark A. Smith Chairman of the Board, Chief Executive Officer | Toni Wendel Chief Financial Officer, Corporate Secretary | Mark Wolma President of IBC Copper Alloys | Ben Rampulla Chief Technology Officer, Interim President of IBC Engineered Materials |
| Business Overview |
| IBC Advanced Alloys Corp. is a beryllium and copper advanced alloys company. The Company serves various industries, such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. The Company has two divisions: Copper Alloy and Engineered Materials. The Copper Alloys division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The Engineered Materials division makes the Beralcast family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. The Company's products include Beryllium-Aluminum Castings, Beryllium Alloys, Copper Alloy Castings & Forgings, Copper Alloy Fabricated Shapes, Tolling Services and Consulting and Thermal Mold Super. It has production facilities in Indiana and Massachusetts. |
| Financial Overview |
| For the six months ended 31 December 2023, IBC Advanced Alloys Corp revenues increased 25% to $16.7M. Net loss decreased 91% to $222K. Revenues reflect Copper Alloys segment increase of 19% to $12M, Engineered Materials segment increase of 43% to $4.7M, United States segment increase of 26% to $14.2M, Singapore segment increase from $139K to $349K. Lower net loss reflects Engineered Materials segment income totaling $388K vs. loss of $1.9M. |
| Employees: | 75 as of Jun 30, 2014 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $28.57M as of Dec 31, 2023 |
| Annual revenue (TTM): | $43.83M as of Dec 31, 2023 |
| EBITDA (TTM): | $0.70M as of Dec 31, 2023 |
| Net annual income (TTM): | -$5.16M as of Dec 31, 2023 |
| Free cash flow (TTM): | $1.60M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $16.51M as of Dec 31, 2023 |
| Shares outstanding: | 106,734,573 as of Dec 31, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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