iFabric (TSE:IFA) Reports CAD 32.9M Revenue in FY2025, Up 20%

AI Summary

iFabric (TSE:IFA) reported record fiscal 2025 revenue of CAD 32.9 million, a 20% increase from CAD 27.3 million in the prior year. However, profitability weakened as gross margin fell to 32% for Q4, down from 26%, and adjusted EBITDA dropped to CAD 1.9 million. For Q1 FY2026, guidance is set at CAD 25-27 million, supported by an inventory build of CAD 21 million. Management anticipates margin recovery as shipments of intimate apparel resume, targeting blended gross margins of around 35-37% and adjusted EBITDA margins of approximately 15% in 2026.