iFabric Q2 FY26 net earnings swing to profit of $238,597; revenue rises 65% to $9.59 million
Reuters2026/08/13 10:30- iFabric posted Q2 net earnings of $238,597, swinging from a loss, as revenue rose 65% to $9.59 million.
- Operating income totaled $517,680, swinging from an operating loss, while IFRS EBITDA turned positive at $714,629.
- Gross margin fell 7 percentage points to 30% on product mix and $650,000 of customer marketing support deducted from revenue.
- Intelligent Fabrics revenue climbed 94% to $6.34 million, driven by new scrubs and footwear programs launched in Q1.
- Cash increased to $25.49 million from the prior quarter on about $21 million in net private placement proceeds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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