iFabric ( (TSE:IFA) ) has shared an update.
iFabric Corp. has announced its fifth consecutive year of revenue growth, achieving a record revenue of over $27 million in 2024 despite challenges such as the Port of Vancouver strike. This growth highlights the company’s robust market positioning and successful strategy in expanding its product lines, which is expected to continue into 2025 with new product initiatives and market expansion.
More about iFabric
iFabric Corp., headquartered in Markham, Ontario, operates in the functional fabrics and specialty apparel industry, offering innovative products through its subsidiaries: Intelligent Fabric Technologies (North America) Inc. and Coconut Grove Pads Inc. The company focuses on high-performance sports and medical protective apparel and intimate apparel products, leveraging advanced surface-treatment technologies to enhance fabric properties.
YTD Price Performance: -3.64%
Average Trading Volume: 10,643
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$32.12M
See more data about IFA stock on TipRanks’ Stock Analysis page.