IOF Stock Discussion (Iofina plc)

Iofina doubles adjusted EBITDA as iodine production rises

Iofina ($IOF)’s first-half adjusted EBITDA increased 103% to $6.6 million as revenue rose 7% to $31.3 million. Crystalline iodine production reached 393.3 tonnes, up 29%, while operating profit increased to $4.9 million. The combination of higher output and stronger earnings materially improved the group’s first-half financial performance. Net cash stood at $7.2 million, compared with net debt of $0.8 million a year earlier. Operating cash generation funded $5.8 million of capital expenditure. M

IOF

@tickerstat1 month ago

Iofina agrees to build two additional iodine plants in Oklahoma

Iofina ($IOF) signed agreements with an existing brine-supply partner to build two additional IOsorb iodine plants in Oklahoma. The company plans to develop IO13 and IO14 concurrently, with both targeted to become operational in the first half of 2027. The agreements extend an established relationship rather than introducing a new operating partner. The expansion follows the near-term commissioning plan for IO12 and supports Iofina’s longer-term ambition to produce 2,000 tonnes of iodine annuall