News
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PRESS RELEASE
iFabric Corp Reports Record Revenue for Q1 2025
iFabric Corp. reports record revenues for Q1 2025. Strong growth in Intelligent Fabrics Division, while Intimate Apparel Division sales declined. Gross profit margin decreased, Adjusted EBITDA lowered. Working capital and cash increased. Company anticipates minimal impact from U.S. tariff increase -
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PRESS RELEASE
iFabric Corp Acquires Remaining 25% Stake in Markham Property and Signs New Banking Agreement
iFabric Corp. announced acquiring remaining 25% shares in subsidiary owning Markham warehouse property, funded by Cdn$3.7M BMO mortgage financing. Expanded BMO credit facility enhances financial flexibility for growth -