iFabric (TSE:IFA) Releases Earnings Results

iFabric (TSE:IFA) announced its quarterly earnings data on Wednesday. The company reported C$0.01 earnings per share (EPS) for the quarter, FiscalAI reports. iFabric had a net margin of 6.61% and a return on equity of 16.15%. The company had revenue of C$9.59 million during the quarter.

iFabric Trading Down 9.6%

Shares of iFabric stock traded down C$0.50 during mid-day trading on Thursday, hitting C$4.71. The stock had a trading volume of 311,257 shares, compared to its average volume of 50,326. iFabric has a 12-month low of C$0.90 and a 12-month high of C$5.73. The firm has a 50-day moving average of C$4.71 and a two-hundred day moving average of C$3.68. The firm has a market cap of C$171.99 million, a P/E ratio of 40.60 and a beta of -0.22. The company has a quick ratio of 1.48, a current ratio of 1.80 and a debt-to-equity ratio of 53.81.

About iFabric

iFabric Corp. is a Canadian-based textile technology company focused on the development and commercialization of proprietary chemical solutions that enhance the performance, functionality, and safety of fabrics and other materials. Through its Intelligent Fabric Technologies (North America) division, the Company provides antimicrobial, water-repellent, and other performance-enhancing treatments used across healthcare, apparel, and consumer applications. iFabric’s platform is supported by proprietary formulations, global manufacturing integration, and, in certain applications, clinical validation in real-world environments.