Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Ibc Advanced Alloys Corp V.IB

Alternate Symbol(s):  IAALF

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.


TSXV:IB - Post by User

Bullboard Posts
Comment by Berylliumon Sep 25, 2015 3:05pm
87 Views
Post# 24136426

RE:IBC potential: questions

RE:IBC potential: questionsGood questions.  It is great to see conversations now focused on profitability.  Years ago it was hope for an idea and after recently getting orders finally for the Beralcast product, things are switching over to actually talking about earnings.  When you say $6M a quarter, I assume that is the company as a whole and includes the copper division and engineered materials (EM).  My understanding that the copper division can support itself on operating income.  However, EM has been a drag to do the high overhead cost due to underutilization.  Given the higher margins for EM and now a ramp up with orders, it looks like that is turning the corner.  Say copper has revenue of $15M (that is based on 2014), and say your number of $24M total revenue for the company is correct, then you can do the difference easily in your head.  I think the EM annual revenue for b/e is lower than $9M due to the higher profit margins and the fact that now with more EM production, the facility will have greater efficiency.  I don’t know what the actual number is they need.  But if the LM tooling contract can pan out and is in the low millions, and they of course get more orders from other companies, then they aren’t that far off.  As far as financing goes, I sure hope they are done after the raise from June.  I think the good news is when they raised in June they hadn’t income come in yet from the EM side and that appears to be happening now.
Bullboard Posts