Semiconductor company Integrated Microelectronics Inc. (IMI) reported a return to profitability in 2025, posting improved margins and earnings following a multi-year restructuring program.
The Ayala-led electronics manufacturer said EBITDA rose 42% to $65.6 million, while net income reached $20.3 million. Gross profit margin improved to 9.6% despite what the company described as a challenging global environment.
IMI attributed the turnaround to efforts to streamline operations, divest non-core assets, and optimize its portfolio.
Among the moves was the sale of VIA Optronics and the consolidation of its global manufacturing footprint, which the company said helped improve efficiency and scalability.
The company added that these measures reduced net debt by 53% and strengthened its balance sheet, positioning it for future investments.
“Our actions over the past two years have transformed IMI into a more resilient, more competitive, and more customer focused organization,” said Lou Hughes, president and chief executive officer of IMI.
“The return to profitability in 2025 is a direct result of disciplined execution across the organization and the commitment of our global teams to strengthen our foundation for sustainable growth.”
IMI said it continues to invest in growth areas such as power modules, automotive camera systems, and industrial and medical applications, while maintaining focus on supply chain discipline and customer partnerships.
The company also cited ongoing efforts to strengthen governance, resource efficiency, and responsible manufacturing practices across its global operations as part of its long-term strategy.
