iFabric (TSE:IFA) has released an update.
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iFabric Corp reported steady Q3 2024 results with a notable increase in gross margins, despite an 11% drop in revenue. The company expects a record fourth quarter, driven by a robust order book and strategic initiatives, although a port strike in Vancouver poses a potential risk. Improved efficiencies led to increased cash reserves and an unused credit line, positioning iFabric for future growth.
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