IBC Advanced Alloys Cuts Fiscal 2026 Loss to $2.2 Million

IBC Advanced Alloys Corp. narrowed its fiscal 2026 consolidated loss to $2.2 million as annual revenue rose 9.8% to $19.5 million.

For the year ended June 30, 2026, gross profit increased 8.12% to $3.8 million. The operating loss narrowed to $210,000 from $1.5 million a year earlier. Adjusted EBITDA, a non-IFRS measure, was $591,000, compared with a $400,000 loss in fiscal 2025.

Fourth-quarter revenue reached $5.7 million, up 19.4% from the year-earlier quarter. Mark A. Smith, IBC’s CEO and executive chairman, said, “We saw significantly stronger demand for our copper alloy products in the final fiscal quarter of 2026.” IBC operates a production facility in Franklin, Indiana, and trades on the OTCQB under the symbol IAALF.