iFabric (TSE:IFA) Posts Earnings Results

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

iFabric Stock Down 10.6%

Shares of TSE:IFA opened at C$4.66 on Friday. The company has a current ratio of 1.80, a quick ratio of 1.48 and a debt-to-equity ratio of 53.81. The firm has a market cap of C$170.16 million, a price-to-earnings ratio of 40.17 and a beta of -0.22. The stock’s 50-day moving average price is C$4.72 and its two-hundred day moving average price is C$3.70. iFabric has a 12-month low of C$0.90 and a 12-month high of C$5.73.

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.