Ifabric Corp - IFABF STOCK NEWS

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iFabric Corporation (TSX: IFA)(OTCQX: IFABF) is a leading innovator and producer of cutting-edge textile and performance-apparel technologies. With a focus on developing high-performance sports apparel, medical protective apparel, and consumer protective apparel, iFabric sets itself apart through the use of intelligent properties in its treatments, including antiviral and antibacterial characteristics, water-repellence, and UV protection. The company's two strategic divisions, Intelligent Fabric Technologies (North America) Inc. (IFTNA) and Coconut Grove Pads Inc., offer a range of innovative products and services, from medical scrubs and lab coats to swimwear and activewear. iFabric's recent achievements include securing new performance apparel programs with prominent U.S. retailers, expanding its product offerings, and achieving record revenues and EBITDA quarter after quarter. Through ongoing innovation and a commitment to excellence, iFabric is poised for continued success and growth in the textile industry.

11/14/2023 09:13 AM

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iFabric Corp Reports Record Annual Revenues for its Financial Period Ended September 30, 2023

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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.

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11/08/2023 06:30 AM

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iFabric Corp Announces Expansion Move

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iFabric Corp. (IFA) Announces Lease Agreement for New Office Space in Markham, Ontario, to Accommodate Growth in Canadian Apparel Programs

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10/23/2023 06:30 AM

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iFabric Corp Announces Maidenform(R) License Renewal

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iFabric Corp. renews license and distribution agreement with HBI IP Holdings Switzerland GmbH and Maidenform LLC, subsidiaries of HanesBrands Inc.

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08/31/2023 06:30 AM

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iFabric Corp Update on Status of EPA Submission of PROTX2 Textile Application

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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.

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08/14/2023 06:30 AM

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iFabric Corp Matches Record Revenues of $5.3 Million for Q3 2023

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06/13/2023 06:30 AM

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iFabric Corp Announces Issuance of New United States Utility Patent for Antiviral Applications on Textiles

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05/15/2023 06:30 AM

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iFabric Corp Reports a Record 91% Increase in Second Quarter Revenues

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05/02/2023 06:30 AM

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iFabric Corp Announces Breakthrough in EPA Public Health Claims Approval Process With Initial Registration of PROTX2 for Use in Non-Apparel Products

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03/31/2023 06:30 AM

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iFabric Announces 2023 Annual General Meeting Voting Results

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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.

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03/16/2023 06:30 AM

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iFabric Corp Announces Exclusive License Agreement with Les Innovation Simon Chang

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iFabric Corp (TSX:IFA, OTCQX:IFABF) has entered into an exclusive license agreement with Les Innovations Simon Chang Inc, allowing its subsidiary, Intelligent Fabric Technologies (North America) (IFTNA), to use Simon Chang trademarks for various fashion products. This partnership aims to enhance swimwear, athleisure, and underwear lines, incorporating innovative fabrics and technologies for improved performance and fit.

CEO Giancarlo Beevis highlighted that this collaboration strengthens IFTNA's brand portfolio and leverages shared innovation goals. The new collections will feature properties like anti-odor and UV protection, aiming to redefine consumer experiences in fashion.

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FAQ

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

The current stock price of Ifabric (IFABF) is $0.737 as of February 21, 2025.

What is the market cap of Ifabric (IFABF)?

The market cap of Ifabric (IFABF) is approximately 22.5M.

What does iFabric Corporation specialize in?

iFabric Corporation specializes in developing high-performance sports apparel, medical protective apparel, and consumer protective apparel with intelligent properties like antiviral and antibacterial characteristics, water-repellence, and UV protection.

What are iFabric's two strategic divisions?

iFabric's two strategic divisions are Intelligent Fabric Technologies (North America) Inc. (IFTNA) and Coconut Grove Pads Inc., offering a variety of innovative products and services.

What recent achievements has iFabric Corporation made?

iFabric Corporation has recently secured new performance apparel programs with major U.S. retailers, expanded its range of product offerings, and achieved record revenues and EBITDA quarter after quarter.

Where is iFabric Corporation headquartered?

iFabric Corporation is headquartered in Markham, Ontario, and is listed on the TSX with 30.3 million shares issued and outstanding.

What is the focus of iFabric's textile technologies?

iFabric's textile technologies focus on providing intelligent properties to fabrics, foams, plastics, and other surfaces, enhancing safety and well-being for the user.

How does iFabric Corporation stand out in the industry?

iFabric Corporation stands out in the industry through its commitment to innovation, excellence, and delivering cutting-edge textile solutions that resonate with consumers.

What sets iFabric Corporation apart from its competitors?

iFabric Corporation sets itself apart from competitors by offering a wide range of industry-leading products in various clothing categories, integrating innovative textile technologies seamlessly.

What can customers expect from iFabric Corporation's products?

Customers can expect superior performance, quality, and functionality from iFabric Corporation's products, including antimicrobial protection, water-repellence, and UV protection.

How does iFabric Corporation contribute to sustainability?

iFabric Corporation contributes to sustainability through products like bioFRESH, a bio-based antimicrobial technology, offering effective and eco-friendly solutions for various applications.

What are the goals of iFabric Corporation for the future?

iFabric Corporation aims to continue its relentless pursuit of innovation, expand its product portfolio, and explore new opportunities in the textile and healthcare industries for sustained growth and success.