iFabric Q2 FY26 net earnings swing to profit of $238,597; revenue rises 65% to $9.59 million
Reuters2026/08/13 10:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. iFabric Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608130630ACCESSWRNAPR_____1206753) on August 13, 2026, and is solely responsible for the information contained therein.
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