on IFabric Corp (CVE:IFA)
IFabric Corp Announces Q2 & H1 2025 Financial Results
iFabric Corp (TSX:IFA)(OTCQX:IFABF) has released its financial outcomes for Q2 and H1 2025, ending June 30. Despite US uncertainties, iFabric's outlook remains optimistic, backed by record pre-delivery deposits. CEO Hylton Karon emphasizes strategic measures mitigating the effects of US tariffs, setting the stage for US market growth.
In Q2 2025, revenues remained flat at $5.79 million compared to Q2 2024. However, Intelligent Fabrics Division saw a 7% decrease in revenue, offset by a 10% increase in the Intimate Apparel Division. The gross profit margin dipped to 37% due to reduced brand advertising contributions and revenue mix.
Negative adjusted EBITDA reached $268,184, influenced by brand advertising and currency exchange losses. The company recorded a net loss of $190,103. Despite these challenges, iFabric aims for continued growth through innovation and strategic measures.
R. P.
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