IMI Reports US$14.8 Million of Net Income for the First Nine Months of 2025

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Integrated Micro-Electronics, Inc. (IMI), a global leader in electronics manufacturing services, announced its financial results for the first nine months of 2025.

Group revenues totaled US$749 million year-to-date, with core revenues accounting for US$679 million. Core EBITDA remains strong at US$49.8 million, representing a 7.3% margin, while core net income increased to US$16.4 million, a significant turnaround from the US$ 1.1 million net loss reported in the same period last year.

The substantial improvement in financial performance is a result of decisive steps taken by the IMI leadership team to improve operational efficiency and rationalize costs. Part of these efforts is the recently concluded sale of IMI Czech Republic, which contributed to lowering overhead expenses without sacrificing operational scale. Third quarter core revenues outpaced the first half’s average run-rate by 4.4% while core fixed overhead costs reduced by 8%. Largely driven by the increase in utilization rates across the company’s facilities, Q3 gross margin reached 9.8%, a continued improvement compared to the first half’s 8.7% and last year’s 7.1%.

IMI also further strengthened its robust balance sheet with healthy cash generation, posting US$ 82.6 million of operating cashflow year-to-date. The company further reduced loans by US$ 26.2 million in Q3, on top of the US$ 34.5 million already repaid in the first half of the year. Net debt is down to US$124 million in September from US$199 million at the start of the year.

On September 30, IMI announced the consolidation of its two IMI Shenzhen sites into a single facility. This move will optimize overhead costs and drive margin improvement through increased asset utilization and operational efficiency in the region.