STOCK TITAN

Ifabric Corp - IFABF STOCK NEWS

Welcome to our dedicated page for Ifabric news (Ticker: IFABF), a resource for investors and traders seeking the latest updates and insights on Ifabric stock.

Overview

iFabric Corp is a dynamic company specialized in pioneering textile and performance apparel technologies. With a focus on innovative material solutions, the company stands out by integrating advanced antimicrobial treatments, water-repellence, and UV protection into its range of products. Operating through two distinct divisions, iFabric harnesses its proprietary research and development to deliver intelligent fabric solutions for applications in high-performance sports, medical, consumer protective, and intimate apparel industries.

Core Business and Divisional Structure

The company is structured into two primary segments:

  • Intelligent Fabric Technologies (North America) Inc. (IFTNA): Focused on the development and sale of high-performance sports apparel and specialized protective clothing, IFTNA brings forward innovative treatments that imbue fabrics, foams, and plastics with enhanced safety features. Products under this division leverage state-of-the-art textile technologies to offer antiviral, antibacterial, water-repellence, and UV protective properties.
  • Coconut Grove Pads Inc. (Coconut Grove): Operating as a designer, manufacturer, distributor, licensor, and licensee, this division offers a comprehensive range of intimate apparel products and accessories. Its products are designed with an emphasis on both functionality and aesthetic appeal, meeting the diverse demands of the intimate apparel market.

Innovation and Technological Excellence

At the heart of iFabric Corp’s operations is a commitment to continuous innovation. The company invests significant resources in research and development to create treatments that enhance the performance of traditional textiles. This focus on technological excellence has led to key milestones, including registrations with the US FDA and US EPA for groundbreaking antimicrobial textile solutions such as bio-based and mineral-based antimicrobial technologies. These regulatory approvals underscore the company’s dedication to safety, efficacy, and environmental stewardship in its product development process.

Market Position and Competitive Edge

iFabric Corp has strategically positioned itself within the competitive landscape by addressing diverse market segments including performance and protective apparel, as well as intimate apparel. Through its innovative product lines and robust customer relationships, particularly within the North American market, the company differentiates itself by delivering textiles that not only meet but exceed industry standards. Its ability to secure significant regulatory approvals and continuously expand its product offerings provides a competitive edge in a market that demands both technological sophistication and versatile application.

Business Model and Revenue Generation

The company generates revenue through a combination of direct sales, licensing of its innovative textile treatment technologies, and strategic partnerships via its wholly-owned subsidiaries. Its diversified product portfolio ensures resilience in varying market conditions by balancing its exposure across several apparel categories. iFabric Corp’s business model is built on continuous product innovation, relational investments with key retail partners, and a rigorous focus on quality and performance.

Commitment to Quality and Customer Satisfaction

Quality assurance is fundamental to iFabric Corp, which is reflected in its persistent pursuit of excellence through the integration of smart fabric technologies. By investing in high-quality materials and adopting advanced treatment methods, the company ensures that its products deliver superior comfort, durability, and safety to the end-user. This commitment not only reinforces customer trust but also establishes a framework for long-term operational success in a highly competitive industry.

Industry Keywords and Strategic Insights

Within its narrative, iFabric Corp integrates key industry-specific terminology such as innovative textile solutions, performance apparel technologies, and antimicrobial fabric treatments to emphasize its expertise. Each of these elements is crucial for understanding how the company’s products respond to evolving consumer needs and industry standards. This detailed approach is supported by comprehensive insights into the company's operational strategies, regulatory milestones, and market-focused initiatives.

Conclusion

In summary, iFabric Corp exemplifies a deep commitment to technological innovation in the textile and performance apparel sector. Its dual-division structure, emphasis on advanced fabric treatments, and strategic market positioning make it a notable entity in an industry characterized by rapid technological evolution. The company’s robust investment in R&D, coupled with its meticulous attention to quality and safety standards, lays a solid foundation for its ongoing relevance in delivering high-performance, intelligent textile solutions that cater to a wide array of consumer and professional markets.

Rhea-AI Summary
IFABRIC CORP. (TSX: IFA) (OTCQX: IFABF) has received conditional approval from the Toronto Stock Exchange to extend the exercise period of 2,943,717 outstanding common share purchase warrants for a year. The Warrants represent approximately 8.85% of the Company's issued shares. The decision aims to provide additional capital without share price discounts or transactional costs. The extension will be effective from March 23, 2024, to March 23, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
iFabric Corp. (TSX: IFA) (OTCQX: IFABF) announced strong unaudited results for the fourth quarter and twelve months ended September 30, 2023. The company reported a 10% increase in revenue, reaching $21,642,761, with significant growth in its Intelligent Fabric and Intimate Apparel divisions. Gross profit also rose by 21% to $8,520,563, while net earnings attributable to shareholders amounted to $596,986. However, Q4 2023 saw a 20% decrease in revenue due to delivery timing differences, resulting in negative adjusted EBITDA of $123,821.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
Rhea-AI Summary
iFabric Corp. (IFA) Announces Lease Agreement for New Office Space in Markham, Ontario, to Accommodate Growth in Canadian Apparel Programs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.19%
Tags
none
Rhea-AI Summary
iFabric Corp. renews license and distribution agreement with HBI IP Holdings Switzerland GmbH and Maidenform LLC, subsidiaries of HanesBrands Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
iFabric Corp. provides an update on its submission to the USA Environmental Protection Agency (EPA) regarding the leaching nature of textiles treated with PROTX2. Ongoing communications with the EPA have led to their request for a final dataset. The study is being conducted at an independent laboratory under GLP standards. Previous testing has shown that the leaching of the product is within acceptable safety norms. The current test is expected to yield similar results and be the final step in the approval process for public health claims on apparel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.49%
Tags
none
Rhea-AI Summary

iFabric Corp. (TSX:IFA)(OTCQX:IFABF) held its annual general meeting on March 30, 2023, where shareholders approved all proposed resolutions.

Key outcomes include the re-election of all director nominees and a resolution fixing the number of directors at six. Additionally, BDO Canada LLP was appointed as the company’s auditors for the next year.

Voting results showed overwhelming support for the director nominees, with approval rates exceeding 99% for most. These developments strengthen corporate governance and provide stability for iFabric's strategic initiatives.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of Ifabric (IFABF)?

The current stock price of Ifabric (IFABF) is $0.88364 as of March 31, 2025.

What is the market cap of Ifabric (IFABF)?

The market cap of Ifabric (IFABF) is approximately 23.1M.

What does iFabric Corp specialize in?

iFabric Corp specializes in the innovation and production of advanced textile and performance apparel technologies, including antimicrobial fabric treatments and high-performance protective clothing.

How is iFabric Corp structured?

The company operates through two main divisions: Intelligent Fabric Technologies (North America) Inc., which focuses on performance and protective apparel, and Coconut Grove Pads Inc., which centers on intimate apparel products and accessories.

What kinds of product innovations does iFabric offer?

iFabric Corp develops textiles with smart properties such as antiviral and antibacterial protection, water-repellence, and UV protection through innovative treatment technologies applied to sports, medical, and intimate apparel.

How does iFabric Corp maintain its competitive edge?

The company leverages robust R&D capabilities, secures key regulatory approvals like FDA and EPA registrations, and continuously expands its product line to effectively meet diverse market needs.

Which markets does iFabric Corp serve?

iFabric Corp caters primarily to the North American market, offering high-performance and protective apparel for sports, medical, and consumer segments, along with intimate apparel solutions.

What role do regulatory approvals play in iFabric Corp's business?

Regulatory approvals, such as those from the FDA and EPA, validate the safety and effectiveness of iFabric Corp's innovative textile technologies, enhancing customer trust and market credibility.

How does iFabric generate revenue?

The company generates revenue through the sale of its technologically advanced apparel products, licensing of its proprietary fabric treatments, and strategic partnerships across various apparel segments.

What is unique about iFabric Corp’s approach to innovation?

iFabric Corp’s approach is characterized by continuous investment in research and development, resulting in cutting-edge fabric technologies that deliver superior performance and meet evolving customer demands.
Ifabric Corp

OTC:IFABF

IFABF Rankings

IFABF Stock Data

23.09M
10.13M
66.42%
0.08%
Apparel Manufacturing
Consumer Cyclical
Link
Canada
Markham