Recent Insider Transactions Derivative • Jun 15
CEO & Chairman exercised options to buy CA$48k worth of stock. On the 8th of June, Mark Smith exercised options to buy 300k shares at a strike price of around CA$0.22, costing a total of CA$66k. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. Since December 2025, Mark's direct individual holding has increased from 23.65m shares to 23.95m. This was the only transaction from an insider over the last 12 months. Recent Insider Transactions Derivative • Jun 12
CEO & Chairman exercised options to buy CA$50k worth of stock. On the 8th of June, Mark Smith exercised options to buy 300k shares at a strike price of around CA$0.22, costing a total of CA$66k. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. Since December 2025, Mark has owned 23.65m shares directly. This was the only transaction from an insider over the last 12 months. Reported Earnings • May 31
Third quarter 2026 earnings released: US$0.006 loss per share (vs US$0.005 loss in 3Q 2025) Third quarter 2026 results: US$0.006 loss per share (further deteriorated from US$0.005 loss in 3Q 2025). Revenue: US$4.77m (up 5.7% from 3Q 2025). Net loss: US$652.0k (loss widened 22% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Reported Earnings • Mar 02
Second quarter 2026 earnings released: US$0.003 loss per share (vs US$0.01 loss in 2Q 2025) Second quarter 2026 results: US$0.003 loss per share (improved from US$0.01 loss in 2Q 2025). Revenue: US$4.86m (up 37% from 2Q 2025). Net loss: US$354.0k (loss narrowed 69% from 2Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Feb 21
IBC Advanced Alloys Corp. announced that it has received $1.25 million in funding from The Lind Partners, LLC On February 20, 2026, IBC Advanced Alloys Corp. closed the transaction. The company paid $62,500 in consideration for the issuance to the investor. Announcement • Feb 18
IBC Advanced Alloys Corp. announced that it expects to receive $1.25 million in funding from The Lind Partners, LLC IBC Advanced Alloys Corp. announced a private placement of Convertible Security in the principal amount of $1,250,000 on February 17, 2026. The transaction involves participation from returning investor Lind Global Fund III, LP. The convertible debt security bears Pre-Paid Interest of $250,000 with pro rata terms and fees for an aggregate face value of $1,500,000 and a 24 months term. The principal amount less a $62,500 closing fee will be convertible into common shares in the capital of the company. Under the Agreement, the Company is required to make repayments on the Face Value of the convertible security in the amount of $75,000 monthly after the first four months and until the Face Value is repaid, which repayment amount will be reduced by the amount converted into common shares. Subject to Exchange approval, the Company may also make a whole or partial Repayment in Common Shares, provided that certain conditions are met. Repayment Shares will be priced at 90% of the market closing price of the Common Share on the day prior to the issuance of repayment shares, provided that the issue price of the repayment shares will be no lower than the conversion price, and provided that certain circumstances, the company may be requested to make an additional cash payment. The issuance of the convertible security will be completed under private placement rules with a 4 month plus one day hold period. Pre-paid interest will accrue monthly and, subject to the approval of the Exchange, the Investor will have the option, once every ninety days, to convert accrued interest into common share. In connection with the issuance of the convertible security, the Investor will receive 3,943,948 common share purchase warrants with an exercise price equal to $0.2526 which expire 24 months from their date of issue. Additionally, the Investor will receive additional Warrants if and when the Investor elects to proceed with the Re-Investment Option with an exercise price equal to 130% of the 20-day volume weighted average trading price of the common shares at the closing of the last trading day immediately prior to the date the investor elects to proceed with the repayment option. The closing of the investment and issuance of the $1,500,000 Convertible Security is expected to occur on or about February 20, 2026 and is subject to the receipt of all necessary regulatory approvals, including the approval of the Exchange and other customary conditions. The debt security has a maturity of 24 months from the date of issuance. Reported Earnings • Dec 02
First quarter 2026 earnings released: US$0.005 loss per share (vs US$0.006 loss in 1Q 2025) First quarter 2026 results: US$0.005 loss per share (improved from US$0.006 loss in 1Q 2025). Revenue: US$4.17m (down 15% from 1Q 2025). Net loss: US$573.0k (loss narrowed 12% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 30
Full year 2025 earnings released: US$0.02 loss per share (vs US$0.001 profit in FY 2024) Full year 2025 results: US$0.02 loss per share (down from US$0.001 profit in FY 2024). Revenue: US$17.8m (down 31% from FY 2024). Net loss: US$2.22m (down US$2.27m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Oct 28
IBC Advanced Alloys Corp. Announces Appointment of Chris Huskamp to its Board of Directors IBC Advanced Alloys Corp. announced that Chris Huskamp has been appointed to the board of directors of the Company. Mr. Huskamp, the former President of IBC's Engineered Materials Division, currently serves as the Director of Business Development for Jabil, which is the largest U.S.-based, end-to-end contract manufacturer. It provides engineering, supply chain, and manufacturing services to leaders in the consumer devices, automotive, healthcare, industrial, data center, and defense markets. Prior to his work at Jabil and IBC, Mr. Huskamp worked at GS Foundry and at Boeing, where he co-authored two patents regarding scandium-bearing aluminum alloys. Mr. Huskamp holds a B.S. of Metallurgical Engineering from the Missouri University of Science Technology and has driven materials and processes technology to production over his 28-year career focused on the aerospace and defense market. The appointment of Mr. Huskamp is subject to the approval of the TSX Venture Exchange ('TSX-V'), including the clearance of a personal information form with the TSX-V. Announcement • Oct 23
NioCorp Developments Ltd. and IBC Advanced Alloys Corp. Successfully Cast Aluminum-Scandium Alloy for Potential Expansion into Al-Sc Alloy Parts NioCorp. Developments Ltd. and IBC Advanced. Alloys announced the results from Franklin foundry confirm the can produce a consistent alloy suitable for further processing into custom components. This capability opens the door to new commercial applications for scandium-containing materials. Global use of scandium remains limited by a lack of reliable supply. This scarcity has prevented broader adoption of scandium in high-performance aluminum alloys and other advanced materials despite growing interest from aerospace, automotive, and defense sectors seeking lighter, stronger, and more efficient components. Subject to the successful completion of project financing, NioCorp plans to produce approximately 100 tonnes per year of scandium oxide at its Elk Creek Critical Minerals Project in Southeast Nebraska, alongside niobium and titanium products. In addition to niobium, scandium and titanium products, the Company is also evaluating the potential to produce several rare earths from the Elk Creek Project, upon which the U.S. is completely or largely reliant on foreign producers. Announcement • Sep 22
IBC Advanced Alloys Corp., Annual General Meeting, Dec 05, 2025 IBC Advanced Alloys Corp., Annual General Meeting, Dec 05, 2025. Location: colorado, centennial United States Reported Earnings • May 31
Third quarter 2025 earnings released: US$0.005 loss per share (vs US$0.002 profit in 3Q 2024) Third quarter 2025 results: US$0.005 loss per share (down from US$0.002 profit in 3Q 2024). Revenue: US$4.52m (down 32% from 3Q 2024). Net loss: US$533.0k (down 330% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 37% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Second quarter 2025 earnings released: US$0.01 loss per share (vs US$0.007 profit in 2Q 2024) Second quarter 2025 results: US$0.01 loss per share (down from US$0.007 profit in 2Q 2024). Revenue: US$3.56m (down 65% from 2Q 2024). Net loss: US$1.13m (down 258% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Feb 27
IBC Advanced Alloys Corp. to Report Q2, 2025 Results on Mar 03, 2025 IBC Advanced Alloys Corp. announced that they will report Q2, 2025 results Pre-Market on Mar 03, 2025 Announcement • Jan 02
IBC Advanced Alloys Corp. Announces Chief Financial Officer Changes IBC Advanced Alloys Corp. announced the appointment of Terena White to the position of Chief Financial Officer ("CFO") and Corporate Secretary, effective January 1, 2025. Ms. White has served as IBC's Corporate Controller since September 30, 2019, and replaces Toni Wendel, who is retiring. Ms. Wendel has served as IBC's CFO since June of 2019 and will continue to provide consulting services to IBC over a transition period. Before serving as IBC's Corporate Controller, Ms. White was Purchasing Controller at Faurecia USA, a leading automotive technology company. Prior to that, she served in various financial capacities, including Accounting Manager at PMG, a joint venture of the powder metal divisions of Plansee and Mitsubishi Materials Global, for six years. Announcement • Jan 01
IBC Advanced Alloys Corp. Announces Executive Changes IBC Advanced Alloys Corp. announced that, with the closing of IBC's Engineered Materials division, Ben Rampulla is stepping down as President of that division and as Chief Technology Officer, effective December 31, 2024. Mr. Rampulla also will continue to provide IBC with services on a consulting basis over a transition period. The company announced the appointment of Terena White to the position of Corporate Secretary, effective January 1, 2025. Recent Insider Transactions Derivative • Dec 26
CEO & Chairman exercised options to buy CA$21k worth of stock. On the 23rd of December, Mark Smith exercised options to buy 250k shares at a strike price of around CA$0.22, costing a total of CA$55k. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. Since September 2024, Mark has owned 22.47m shares directly. This was the only transaction from an insider over the last 12 months. New Risk • Dec 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.1% Last year net profit margin: 9.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (CA$9.07m market cap, or US$6.46m). Minor Risks Profit margins are more than 30% lower than last year (0.1% net profit margin). Shareholders have been diluted in the past year (6.3% increase in shares outstanding). Reported Earnings • Nov 28
First quarter 2025 earnings released: US$0.006 loss per share (vs US$0.009 loss in 1Q 2024) First quarter 2025 results: US$0.006 loss per share (improved from US$0.009 loss in 1Q 2024). Revenue: US$4.90m (down 27% from 1Q 2024). Net loss: US$652.0k (loss narrowed 30% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. New Risk • Nov 13
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.2% Last year net profit margin: 2.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Share price has been highly volatile over the past 3 months (21% average weekly change). Market cap is less than US$10m (CA$9.07m market cap, or US$6.49m). Minor Risks Profit margins are more than 30% lower than last year (0.2% net profit margin). Shareholders have been diluted in the past year (6.3% increase in shares outstanding). Reported Earnings • Oct 29
Full year 2024 earnings released: EPS: US$0.001 (vs US$0.063 loss in FY 2023) Full year 2024 results: EPS: US$0.001 (up from US$0.063 loss in FY 2023). Revenue: US$25.7m (down 10% from FY 2023). Net income: US$56.0k (up US$5.99m from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Announcement • Oct 24
IBC Advanced Alloys Corp. to Report Q4, 2024 Results on Oct 28, 2024 IBC Advanced Alloys Corp. announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Oct 28, 2024 Announcement • Sep 23
IBC Advanced Alloys Corp., Annual General Meeting, Dec 05, 2024 IBC Advanced Alloys Corp., Annual General Meeting, Dec 05, 2024. Location: colorado, centennial United States New Risk • Aug 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$168k free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 8.3% per year over the past 5 years. Market cap is less than US$10m (CA$7.37m market cap, or US$5.32m). Minor Risk Shareholders have been diluted in the past year (4.1% increase in shares outstanding). Board Change • Jul 26
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Simon Anderson was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 28
IBC Advanced Alloys Corp. to Close Its Beryllium-Aluminum Alloy Plant This Summer IBC Advanced Alloys Corp. announced that it will focus on its profitable Copper Alloys division in Franklin, Ind., and cease production this summer at its Massachusetts beryllium-aluminum alloy plant because of insufficient long-term demand for cast beryllium-aluminum alloy products. IBC anticipates that the move will expand free cash flow, strengthen gross margins, and position the Company on a better path to sustained profitability. IBC's Copper Alloys division has operated profitably since the quarter ended September 30, 2020, for a total of 14 quarters. The Copper Alloys division operates a vertically integrated copper alloy production facility in Indiana, which takes raw material through foundry, forge, and rough and final machining. Since navigating the market disruptions of the COVID pandemic, consolidating three copper alloy plants into one facility in 2022, and completing construction of its modernized and expanded production facility in Franklin, Ind. in 2022, the division has significantly grown revenue, generated more robust Free Cash Flow, improved its gross profit margins, and operated profitably. While the Copper Alloys division has operated profitably, there is no guarantee that IBC Advanced Alloys will achieve profitability on a consolidated basis. The Company's decision to close its Engineered Materials division ("EMC") was driven primarily by insufficient long- term demand for cast beryllium-aluminum alloy products and the resulting continuing losses. EMC's net losses, which included a loss of $7.4 million in the 12 months ended June 30, 2023, and a loss of $5.2 million in the trailing 12 months ended December 31, 2023, depleted available working capital for the Copper Alloys division at a time when demand for copper alloy products was growing. Prior to halting operations in Massachusetts, IBC intends to complete its existing production contracts for beryllium-aluminum alloy products, including components it manufactures for the F-35 aircraft and other defense systems. Alternative production of these alloy parts for the F-35 and other defense systems is expected to be available after IBC closes its Massachusetts facility, which employs 24 workers. The Company expects to incur a charge to operations in respect of the plant closure and is negotiating with suppliers and its landlord to minimize such costs. Reported Earnings • Feb 14
Second quarter 2024 earnings released: EPS: US$0.007 (vs US$0.005 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.007 (up from US$0.005 loss in 2Q 2023). Revenue: US$10.1m (up 34% from 2Q 2023). Net income: US$712.0k (up US$1.11m from 2Q 2023). Profit margin: 7.1% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Announcement • Feb 13
IBC Advanced Alloys Corp. to Report Q2, 2024 Results on Feb 13, 2024 IBC Advanced Alloys Corp. announced that they will report Q2, 2024 results on Feb 13, 2024 Reported Earnings • Dec 01
First quarter 2024 earnings released: US$0.009 loss per share (vs US$0.023 loss in 1Q 2023) First quarter 2024 results: US$0.009 loss per share (improved from US$0.023 loss in 1Q 2023). Revenue: US$6.67m (up 13% from 1Q 2023). Net loss: US$934.0k (loss narrowed 54% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 29
Full year 2023 earnings released: US$0.063 loss per share (vs US$0.014 loss in FY 2022) Full year 2023 results: US$0.063 loss per share (further deteriorated from US$0.014 loss in FY 2022). Revenue: US$28.5m (up 6.1% from FY 2022). Net loss: US$5.93m (loss widened 424% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 31% per year, which means it has not declined as severely as earnings. Announcement • Oct 20
IBC Advanced Alloys Corp., Annual General Meeting, Dec 29, 2023 IBC Advanced Alloys Corp., Annual General Meeting, Dec 29, 2023. Announcement • Oct 12
IBC Advanced Alloys Corp. Announces Executive Changes IBC Advanced Alloys Corp. has announced that Ben Rampulla, IBC's Chief Technology Officer, will replace the President of IBC's Engineered Materials Division, Mark Doelling, on an interim basis. The Engineered Materials Division operates the Company's beryllium-aluminum casting facility in Wilmington, Mass. Mr. Rampulla, who previously served as President of the Engineered Materials Division, is a 40-year veteran of the investment casting and high-performance alloy manufacturing industry. Prior to joining IBC, he was Director of Engineering at Nu-Cast Inc., which produced investment castings of beryllium-aluminum and other alloys for aerospace and other industries. Previously, he worked for 29 years at Precision Castparts Corporation, including serving as Chief Engineer at that Company's aerospace materials foundry, a $40 million-a-year revenue generating facility, and General Manager of Wyman-Gordon Titanium Casting Corp. Earlier in his career, he held positions at Ingersoll-Rand and Hitchiner Manufacturing. A Six Sigma Blackbelt and Kaizan trainer, Mr. Rampulla received his B.S. in Ceramic Engineering from Rutgers University, and is a graduate of the Whittemore School of Business' Executive Development Program. He is the author of several peer-reviewed publications and previously served on the American Foundry Society's Committee on Investment Casting and on the American Metals Society (AMS) Material Review Board. Recent Insider Transactions Derivative • Jun 23
President exercised options to buy CA$47k worth of stock. On the 15th of June, Mark Smith exercised options to buy 625k shares at a strike price of around CA$0.16, costing a total of CA$103k. This transaction amounted to 4.0% of their direct individual holding at the time of the trade. Since September 2022, Mark has owned 15.64m shares directly. Company insiders have collectively bought CA$647k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • Jun 01
Third quarter 2023 earnings released: US$0.005 loss per share (vs US$0.004 profit in 3Q 2022) Third quarter 2023 results: US$0.005 loss per share (down from US$0.004 profit in 3Q 2022). Revenue: US$7.76m (up 24% from 3Q 2022). Net loss: US$511.0k (down 278% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 02
Second quarter 2023 earnings released: US$0.005 loss per share (vs US$0.004 profit in 2Q 2022) Second quarter 2023 results: US$0.005 loss per share (down from US$0.004 profit in 2Q 2022). Revenue: US$7.50m (up 5.2% from 2Q 2022). Net loss: US$395.0k (down 215% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Announcement • Dec 15
IBC Advanced Alloys Corp. announced that it expects to receive CAD 1 million in funding IBC Advanced Alloys Corp. announced a non-brokered private placement of 9,259,260 units at an issue price of CAD 0.108 per unit for gross proceeds up to CAD 1,000,000 on December 13, 2022. Each unit will consist of one common share and and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share at a price of CAD 0.135 at any time prior to the date which is two years following completion of the transaction. The transaction is expected to close on December 14, 2022 and is subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange and other customary conditions. All of the securities issued pursuant to the transaction will be subject to a four month hold period in accordance with applicable Canadian securities laws. Reported Earnings • Dec 01
First quarter 2023 earnings released: US$0.023 loss per share (vs US$0.007 loss in 1Q 2022) First quarter 2023 results: US$0.023 loss per share (further deteriorated from US$0.007 loss in 1Q 2022). Revenue: US$5.93m (down 16% from 1Q 2022). Net loss: US$2.01m (loss widened 246% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Simon Anderson was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Oct 28
Full year 2022 earnings released: US$0.014 loss per share (vs US$0.024 loss in FY 2021) Full year 2022 results: US$0.014 loss per share (improved from US$0.024 loss in FY 2021). Revenue: US$26.9m (up 23% from FY 2021). Net loss: US$1.13m (loss narrowed 26% from FY 2021). Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
IBC Advanced Alloys Corp., Annual General Meeting, Dec 08, 2022 IBC Advanced Alloys Corp., Annual General Meeting, Dec 08, 2022. Recent Insider Transactions Derivative • Jul 31
President exercised options to buy CA$510k worth of stock. On the 29th of July, Mark Smith exercised options to buy 2m shares at a strike price of around CA$0.23, costing a total of CA$545k. This transaction amounted to 18% of their direct individual holding at the time of the trade. Since December 2021, Mark's direct individual holding has increased from 12.77m shares to 13.27m. Company insiders have collectively bought CA$601k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 31
Third quarter 2022 earnings released: EPS: US$0.004 (vs US$0.002 in 3Q 2021) Third quarter 2022 results: EPS: US$0.004 (up from US$0.002 in 3Q 2021). Revenue: US$6.28m (flat on 3Q 2021). Net income: US$287.0k (up 107% from 3Q 2021). Profit margin: 4.6% (up from null in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Simon Anderson was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 03
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: EPS: US$0.004 (up from US$0.005 loss in 2Q 2021). Revenue: US$7.12m (up 45% from 2Q 2021). Net income: US$344.0k (up US$648.0k from 2Q 2021). Profit margin: 4.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Revenue missed analyst estimates by 9.6%. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Announcement • Feb 25
IBC Advanced Alloys Corp. to Report Q2, 2022 Results on Mar 01, 2022 IBC Advanced Alloys Corp. announced that they will report Q2, 2022 results After-Market on Mar 01, 2022 Reported Earnings • Dec 01
First quarter 2022 earnings: Revenues miss analyst expectations First quarter 2022 results: Revenue: US$7.09m (up 60% from 1Q 2021). Net loss: US$581.0k (loss narrowed 39% from 1Q 2021). Revenue missed analyst estimates by 9.6%. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 30
Full year 2021 earnings released The company reported a soft full year result with increased losses and weaker control over costs, although revenues improved. Full year 2021 results: Revenue: US$21.8m (up 3.1% from FY 2020). Net loss: US$1.52m (loss widened 36% from FY 2020). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Jun 25
IBC Advanced Alloys Corp. announced that it has received CAD 2.054045 million in funding On June 23, 2021, IBC Advanced Alloys Corp. (TSXV:IB) closed the transaction. The company issued 10,270,224 for gross proceeds of CAD 2,054,044.8. The units will expire until June 23, 2023. The transaction included participation from Mark Smith, Geoff Hampson and Simon Anderson, directors of the Company subscribe for 2,623,324 units in total, and Mark A. Smith subscribe for 2,248,324 units for CAD 449,664.80. The investor Mark A. Smith owned 10,367,590 Common Shares and 50,000 options and warrants with each Convertible Security entitling the holder to purchase one Common Share. The 10,367,590 Common Shares represented 15.65% of the total number of issued and outstanding Common Shares prior to giving effect to the private placement and now has 12,615,914 Common Shares representing approximately 16.49%. Announcement • Jun 02
IBC Advanced Alloys Corp. announced that it expects to receive CAD 1 million in funding IBC Advanced Alloys Corp. (TSXV:IB) announced a non-brokered private placement of up to 5,000,000 units at an issue price of CAD 0.20 per unit for gross proceeds of up to CAD 1,000,000 on June 1, 2021. There is no minimum offering amount. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share of the company at a price of CAD 0.23 at any time prior to the date which is two years following completion of the offering. The transaction is expected to close on or before June 18, 2021, and is subject to the completion of formal documentation, receipt of all necessary regulatory approvals, including the approval of TSX Venture Exchange, and other customary conditions. The shares sold pursuant to the transaction will be subject to a four month hold period, which will expire four months and one day from the date of closing. Recent Insider Transactions Derivative • May 24
President exercised options to buy CA$225k worth of stock. On the 21st of May, Mark Smith exercised options to buy 1m shares at a strike price of around CA$0.15, costing a total of CA$150k. This transaction amounted to 11% of their direct individual holding at the time of the trade. Since June 2020, Mark's direct individual holding has increased from 9.18m shares to 10.37m. Company insiders have collectively bought CA$183k more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 19
Third quarter 2021 earnings released: EPS US$0.002 (vs US$0.003 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$5.41m (down 7.5% from 3Q 2020). Net income: US$139.0k (down 19% from 3Q 2020). Profit margin: 2.6% (down from 2.9% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 20
Second quarter 2021 earnings released: US$0.005 loss per share (vs US$0.018 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: US$4.93m (down 8.5% from 2Q 2020). Net loss: US$304.0k (loss narrowed 61% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Feb 13
IBC Advanced Alloys Corp. to Report Q2, 2021 Results on Feb 18, 2021 IBC Advanced Alloys Corp. announced that they will report Q2, 2021 results on Feb 18, 2021 Announcement • Jan 28
IBC Advanced Alloys Corp.(TSXV:IB) dropped from S&P/TSX Venture Composite Index IBC Advanced Alloys Corp.(TSXV:IB) dropped from S&P/TSX Venture Composite Index Is New 90 Day High Low • Jan 26
New 90-day high: CA$0.23 The company is up 41% from its price of CA$0.16 on 27 October 2020. The Canadian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 3.0% over the same period. Announcement • Dec 11
IBC Advanced Alloys Corp. Wins $9.7 Million in New Orders from Lockheed Martin for the F-35 Lightning II Aircraft IBC Advanced Alloys Corp. announced that Lockheed Martin has awarded IBC new purchase orders totaling approximately $9.7 million to produce two aerospace-qualified beryllium-aluminum components for the F-35 Lightning II aircraft over the next 26 months. One purchase order involves production of the azimuth gimbal housing unit used in the F-35’s Electro-Optical Targeting System (EOTS). IBC has manufactured this part for Lockheed Martin since 2015 using the Company’s high-performance Beralcast® beryllium-aluminum investment cast alloy. In a new development, Lockheed Martin also awarded IBC an order to produce a second part for the F-35 – the gimbal mounting ring – which is also used in the EOTS. IBC worked in close partnership with Lockheed Martin in developing a process for producing the ring using IBC’s innovative investment casting technology. The total value of the new purchase order is approximately USD 9.7 million over 26 months, which represents a 24 percent increase over previous three-year purchase order from Lockheed Martin. Announcement • Nov 29
IBC Advanced Alloys Corp. announced that it has received CAD 2.15 million in funding from The Lind Partners, LLC On November 27, 2020, IBC Advanced Alloys Corp. (TSXV:IB) closed the transaction. The company issued convertible security for gross proceeds of CAD 14,000,000 in its second tranche, bringing total funding raised in the transaction to CAD 2,150,000. The convertible security has a 24 month term and is convertible into up to 9,172,413 common shares of the company at a conversion price of C$0.145 per share. The company also issued 9,172,413 common share purchase warrants in the transaction. The warrants will be exercisable into common shares with an exercise price of C$0.145 per share for a period of 24 months from the date of issue. The face value of the convertible security is CAD 1,680,000. The The company will incur a closing fees of CAD 70,000 as part of the transaction. The transactions is subject to final approval of the TSXV Reported Earnings • Nov 27
First quarter 2021 earnings released: US$0.015 loss per share The company reported a poor first quarter result with increased losses and weaker revenues and control over expenses. First quarter 2021 results: Revenue: US$4.43m (down 11% from 1Q 2020). Net loss: US$954.0k (loss widened 74% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 30
Full year earnings released - CA$0.022 loss per share Over the last 12 months the company has reported total losses of US$1.12m, with losses narrowing by 72% from the prior year. Total revenue was US$21.1m over the last 12 months, up 13% from the prior year. Announcement • Jul 09
IBC Advanced Alloys Corp. Appoints Mark Smith as CEO IBC Advanced Alloys Corp. announced that the IBC Board of Directors has appointed Mark Smith, IBC Board Chairman, as Chief Executive Officer (“CEO”) of the Company effective immediately. Mr. Smith will retain his role as IBC Chairman. As the Company largest individual shareholder, Mr. Smith has served on the Board of IBC since 2015 and as its Chairman since 2017. He has more than 38 years of experience in the mining, mineral processing, and advanced materials industries. Mr. Smith also serves as CEO and Executive Chairman of NioCorp Developments Ltd.