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iFabric
(TSX:IFA)
iFabric (IFA) vs. iShares MSCI Canada ETF (EWC)
iFabric Business Overview & Revenue Model
iFabric Earnings Call Summary
iFabric Financial Statement Overview
| Breakdown | Dec 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 27.33M | 22.72M | 19.74M | 19.76M | 11.52M |
| Gross Profit | 11.27M | 8.84M | 7.03M | 7.76M | 4.30M |
| EBITDA | 2.11M | -2.21M | -27.09K | 3.21M | -551.96K |
| Net Income | 1.63M | -1.69M | -452.46K | 2.37M | -624.71K |
Balance Sheet | |||||
| Total Assets | 29.49M | 25.91M | 27.37M | 27.63M | 17.51M |
| Cash, Cash Equivalents and Short-Term Investments | 2.06M | 1.57M | 944.73K | 8.90M | 1.16M |
| Total Debt | 1.88M | 2.03M | 1.24M | 1.27M | 1.32M |
| Total Liabilities | 6.35M | 5.21M | 4.60M | 5.35M | 8.17M |
| Stockholders Equity | 23.13M | 20.69M | 22.75M | 22.27M | 9.34M |
Cash Flow | |||||
| Free Cash Flow | 208.92K | 644.99K | -8.45M | -2.48M | -1.24M |
| Operating Cash Flow | 301.78K | 833.77K | -8.21M | -2.22M | -1.06M |
| Investing Cash Flow | -52.86K | -138.38K | -242.76K | -253.40K | -178.02K |
| Financing Cash Flow | -214.74K | -14.42K | 41.93K | 10.46M | 205.15K |
iFabric Technical Analysis
iFabric Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | C$10.11B | 18.61 | 24.40% | 2.58% | 6.30% | -10.10% | |
68 Neutral | C$30.00M | 25.65 | 5.50% | ― | 21.12% | ― | |
67 Neutral | $1.52B | 15.99 | 19.34% | ― | 4.64% | 41.68% | |
61 Neutral | C$5.16B | 10.92 | 18.94% | 4.26% | 5.08% | 6.52% | |
51 Neutral | C$35.14M | ― | -1.51% | ― | 35.02% | 87.50% | |
50 Neutral | C$23.77M | ― | -30.57% | ― | -8.08% | 46.56% |
iFabric Corporate Events
iFabric Corp. announced the successful approval of all matters presented at its 2025 Annual General Meeting, with approximately 65% of total shares represented. The meeting included the election of directors and the re-appointment of BDO Canada LLP as auditors. This approval signifies strong shareholder support and positions iFabric for continued strategic operations in its market segments.
iFabric Corp. reported record revenues for Q1 2025, with a total revenue increase of 5% compared to the previous year. The Intelligent Fabrics Division saw a significant 25% increase in revenue, driven by increased apparel sales in Canada and the US. However, the Intimate Apparel Division experienced a 40% decline due to the absence of new programs. Despite increased regulatory and production costs, the company remains optimistic about future growth, supported by new product segments and strategic financial management. The recent U.S. tariff increase on Chinese imports is not expected to significantly impact 2025 earnings, although future risks remain.
iFabric Corp announced it will release its financial results for the first quarter of 2025 on May 15, 2025, followed by a webinar on May 20, 2025, to discuss the results. This announcement is significant for stakeholders as it provides insights into the company’s financial health and operational performance, potentially impacting its market positioning and investor confidence.
iFabric Corp has acquired the remaining 25% stake in its subsidiary that owns the Markham warehouse property, fully consolidating its control over the asset. This acquisition, funded by a Cdn$3.7 million mortgage from BMO, also allows iFabric to repay existing loans and remove previous borrowing restrictions. Additionally, iFabric has signed a new banking agreement with BMO, increasing its revolving credit facility from $6.75 million to $12 million. This expanded credit line, secured by company assets, provides iFabric with greater financial flexibility to support its growth and expansion plans.
iFabric Corp reported record revenues and strong profitability for Q4 and the full fiscal year 2024, with a significant increase in sales and earnings per share. The company achieved a 55% revenue growth in Q4 2024 compared to the same period in 2023, driven by new apparel programs. For the fiscal year 2024, iFabric’s revenues were nearly on par with 2023 despite a shorter reporting period, and the company anticipates continued double-digit sales growth in 2025 with the introduction of new product categories. The financial results indicate robust performance in both the Intelligent Fabrics and Intimate Apparel divisions, with increased gross profit margins and a substantial rise in adjusted EBITDA, reflecting the company’s strong operational efficiency and market positioning.