iFabric Q4 Earnings Call Highlights

Executives astatine iFabric (TSE:IFA) highlighted grounds fiscal 2025 results and issued beardown first-quarter fiscal 2026 gross guidance during an capitalist call, portion besides addressing borderline headwinds tied to tariffs and a impermanent intermission successful intimate apparel shipments.

Giancarlo Beevis, COO of iFabric and CEO of its Intelligent Fabric Technologies unit, described the institution arsenic operating 2 divisions: Intelligent Fabric Technologies, which develops textile show chemistries and treatments (including antimicrobial protection, moisture management, cooling, and UV protection), and Coconut Grove Intimates, which distributes “solution-driven” intimate apparel and accessories done large retailers successful North America and prime markets successful Europe and the U.K.

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Beevis said iFabric is aiming to bring its “proprietary technology, clinically proven technology” to marketplace by pairing treatments with finished products, describing the exemplary arsenic “chemistry to checkout.”

Chief Financial Officer Hilton Price said fiscal 2025 gross roseate to CAD 32.9 million from CAD 27.3 million successful the anterior year, a 20% increase and a institution record. Fourth-quarter gross was CAD 11.0 million, up from CAD 10.5 million a twelvemonth earlier.

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Price noted that Q4 gross would person been higher but for a shipping-timing contented tied to Costco’s gross designation terms. He said astir CAD 1 million of merchandise shipped successful precocious December arrived astatine lawsuit warehouses aft year-end, and due to the fact that Costco does not dainty hazard arsenic transferred until receipt astatine its warehouse, the gross shifted into Q1. Price said this timing contented was “one of the reasons wherefore we amended our guidance” for Q1.