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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) Jan, 2022 Oct, 2021 Jul, 2021 Apr, 2021 Jan, 2021
Sales 2,040 2,290 2,720 2,640 2,350
Sales Growth -10.92% -15.81% +3.03% +12.34% +2.17%
Net Income -100 -270 -340 0 490
Net Income Growth +62.96% +20.59% unch -100.00% +545.46%
(Values in U.S. Thousands) Jan, 2022 Oct, 2021 Jul, 2021 Apr, 2021 Jan, 2021
Total Assets 10,820 10,370 10,340 10,770 10,520
Total Assets Growth +4.34% +0.29% -3.99% +2.38% +0.57%
Total Liabilities 2,600 2,050 1,750 1,830 1,580
Total Liabilities Growth +26.83% +17.14% -4.37% +15.82% -21.39%
(Values in U.S. Thousands) Jan, 2022 Oct, 2021 Jul, 2021 Apr, 2021 Jan, 2021
Operating Cash Flow 360 -600 120 -470 180
Operating Cash Flow Growth +160.00% -600.00% +125.53% -361.11% +133.96%
Net Cash Flow 320 -880 30 -540 140
Change in Net Cash Flow +136.36% -3,033.33% +105.56% -485.71% +255.56%
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