IMI achieves major financial turnaround, reports US$16.4 million core net income for first nine months of 2025

Integrated Micro-Electronics, Inc. (IMI), a global leader in electronics manufacturing services, today announced its robust financial results for the first nine months (9M) of 2025, marked by a significant operational turnaround and profitable growth.

The company posted a Core Net Income of US$16.4 million year-to-date, a substantial improvement from the US$1.1 million net loss reported during the same period last year. This strong performance underscores the success of IMI’s strategic initiatives focused on operational efficiency and cost rationalization.

Financial and Operational Highlights (9M 2025):

Total Revenues reached US$749 million, with Core Revenues totaling US$679 million.

Core Net Income surged to US$16.4 million, reflecting effective cost management and higher utilization rates.

Core EBITDA remained strong at US$49.8 million, achieving a healthy 7.3% margin.

Operating Cashflow demonstrated a robust balance sheet, generating US$82.6 million year-to-date.

Sustained Q3 Momentum and Efficiency:

The third quarter performance further validated IMI’s structural improvements. Q3 core revenues outpaced the first half’s average run-rate by 4.4%. Critically, Q3 gross margin reached 9.8%, a continued ascent from 8.7% in the first half and 7.1% last year, largely driven by increased utilization rates across IMI’s global facilities. Core fixed overhead costs were successfully reduced by 8% in Q3.

IMI’s commitment to strengthening its financial foundation is evident in its decisive debt reduction efforts. The company reduced outstanding loans by US$26.2 million in the third quarter, adding to the US$34.5 million repaid in the first half. As a result, Net Debt decreased significantly to US$124 million in September, down from US$199 million at the start of the year.

The operational improvements are partly attributed to the recently concluded sale of IMI Czech Republic and the announced consolidation of IMI’s two Shenzhen sites into a single facility, a move designed to further optimize overhead costs and drive asset utilization in the region.

“Our 9M 2025 results are a powerful testament to the decisive actions taken across the organization to optimize our structure and drive profitable growth,” said a company representative. “The continuous improvement in gross margin and robust cash generation demonstrates the increasing efficiency of our global operations and strengthens our foundation for sustained value creation across our key market segments.”