Integrated Micro-Electronics, Inc. (IMI), a company that makes electronic parts for cars and other industries, has announced that it made money again in 2025 after losing money for two years. The company filed this announcement with the Philippine Stock Exchange on March 5, 2026.

What Does IMI Do?

Think of IMI as a factory that builds electronic parts for different products. They make things like camera systems for cars, lighting for vehicles, medical equipment parts, and power modules (the parts that help control electricity in devices). They have 11 factories in five different countries around the world.

IMI is owned by Ayala Corporation, one of the biggest and oldest companies in the Philippines.

How Much Money Did They Make?

In 2025, IMI’s total sales reached $996 million (that’s almost 1 billion dollars!). While this was less than the previous year, the company actually did better at making profit from each sale.

Here’s the good news: IMI ended 2025 with a net income (the profit after paying all expenses) of $13.5 million. This is a big improvement because in 2024, they lost $77 million, and in 2023, they lost $118 million.

The company’s “core” business (their main operations without other side businesses) made $20.3 million in profit. They also improved their gross margin from 7.3% to 9.6%, which means they’re keeping more money from every dollar they earn.

What Changes Did They Make?

IMI made several smart moves to turn things around:

• Closed and sold factories that weren’t doing well: They sold their factory in Czech Republic and moved the work to bigger factories in Bulgaria and Serbia where they could do the job better and cheaper.
• Combined smaller factories into bigger ones: In China, they closed a smaller factory location and moved everything to a bigger one, which helped them save money on running costs.
• Sold a struggling business: In December 2025, they sold VIA Optronics, a company they owned that made display screens but was losing money. This was like letting go of something that was dragging them down.

Better Money Management

IMI also got better at managing their cash. They generated $73.2 million in operating cash flow, which they used to pay down their debts. Their total debt decreased from $265 million at the end of 2023 to $119.5 million by the end of 2025 – that’s a reduction of almost $146 million!

They were also careful about spending on new equipment, spending only $8.1 million on capital expenditures for the year, focusing on machines for plastic molding and manufacturing.

What Markets Do They Serve?

IMI continues to focus on several industries:

• Automotive: Camera systems and lighting for cars (this is one of their strongest areas)
• Industrial markets: Security systems, data center equipment, smart city technology, sensors, tracking devices, and medical equipment
• Power electronics: Special packaging for power modules that help make electricity use more efficient

What the CEO Said

According to the press release, Louie Hughes, IMI’s CEO, said: “2025 marks a turning point for IMI. Even with slightly lower revenues, we delivered stronger margins, improved productivity, and a healthier balance sheet.” He expressed confidence that the company is now in a better position to grow profitably in 2026.

Looking at the Numbers

Based on the financial statements filed with the SEC:

• Revenue: $996.3 million (down from $1.098 billion in 2024)
• Gross profit: $97.4 million (up from $86.5 million in 2024)
• Net income: $6.8 million for the group, with $13.5 million attributable to IMI shareholders
• Earnings per share: $0.006 per share (compared to a loss of $0.023 per share in 2024)
• Total assets: $677 million (down from $793 million in 2024, partly due to selling VIA Optronics)
• Outstanding shares: 2,217,293,215 common shares

About the Company

IMI trades on the Philippine Stock Exchange under the stock symbol IMI. The company is headquartered in Laguna Technopark in Biñan, Laguna, Philippines. The announcement was signed by Robert William Heese, the company’s Chief Finance Officer and Compliance Officer.

This article is based on the company’s official press release and disclosures filed with the Philippine Stock Exchange’s Electronic Disclosure Generation Technology (PSE EDGE) system. For the complete and official version of the announcement, readers may visit the PSE EDGE website and search for the company’s filing directly.