IBC Advanced Alloys FY26 net loss narrows 35% to $2.21 million
Bitget2026/10/16 13:46- IBC Advanced Alloys’ net loss narrowed 35% year over year to $2.21 million for the year ended June 30, 2026.
- Annual revenue rose 10% to $19.51 million.
- Fourth-quarter net loss more than tripled year over year to $296,000.
- Quarterly revenue climbed 19% year over year to $5.7 million on stronger demand for copper-based products.
- CEO Mark A. Smith said increased demand continued into the current fiscal year, with higher copper prices also boosting revenue.
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