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International Baler Corp (IBAL)

International Baler Corp (IBAL)
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International Baler Corporation, formerly Waste Technology Corporation, is engaged in the manufacture and sale of baling equipment, which is used to compress and compact various waste materials into bales. This is done by means of mechanical, hydraulic, and electrical mechanisms, to reduce the cost of handling, shipping, disposal, storage, and to facilitate bulk sales for recycling. It offers a variety of balers, certain types that are standardized and others that are designed to specific customer requirements. The Company's products include general purpose horizontal and vertical balers; specialty balers, such as those used for textile materials, used clothing, aluminum cans, 55-gallon drums and synthetic rubber, and accessory equipment, such as conveyors, bluffers, bale tying machines, and plastic bottle piercers. The company is internationally recognized for quality, reliability, durability and the strength of its equipment.

Fiscal Year End Date: 10/31

(Values in U.S. Thousands) Oct, 2021 Oct, 2020 Oct, 2019 Oct, 2018 Oct, 2017
Sales 10,000 8,990 9,530 11,110 10,490
Sales Growth +11.23% -5.67% -14.22% +5.91% -9.96%
Net Income -130 -410 -320 310 70
Net Income Growth +68.29% -28.13% -203.23% +342.85% -22.22%
(Values in U.S. Thousands) Oct, 2021 Oct, 2020 Oct, 2019 Oct, 2018 Oct, 2017
Total Assets 10,370 10,460 10,030 11,050 11,470
Total Assets Growth -0.86% +4.29% -9.23% -3.66% +21.76%
Total Liabilities 2,050 2,010 1,170 1,860 2,600
Total Liabilities Growth +1.99% +71.79% -37.10% -28.46% +319.35%
(Values in U.S. Thousands) Oct, 2021 Oct, 2020 Oct, 2019 Oct, 2018 Oct, 2017
Operating Cash Flow -600 -530 -770 320 1,540
Operating Cash Flow Growth -13.21% +31.17% -340.62% -79.22% +241.28%
Net Cash Flow -880 -90 -2,020 190 1,820
Change in Net Cash Flow -877.78% +95.54% -1,163.16% -89.56% +291.58%
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