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Company Overview
ZTEST Electronics Inc., trading under the symbol ZTSTF, operates primarily through its wholly owned subsidiary, Permatech Electronics Corp. The company is entrenched in the Electronic Manufacturing Services (EMS) industry, offering specialized contract manufacturing services including PCB assembly, materials management, and testing. This diversified service offering enables ZTEST to address the intricate needs of customers across high-technology sectors such as medical, power systems, computer technology, telecommunications, wireless communications, industrial applications, and consumer electronics.
Core Business Areas
At the heart of ZTEST's operations is its commitment to delivering high-yield, high-quality production services for complex circuit boards. The company caters especially to customers requiring rapid turnaround on low to mid-volume production runs. By leveraging an ISO 9001:2015 certified facility located in North York, Ontario, the company ensures that every project meets stringent quality standards and aligns with advanced manufacturing practices.
- PCB Assembly: Precision contract manufacturing of printed circuit boards tailored for complex electronic applications.
- Materials Management: Comprehensive logistics and inventory control to streamline production cycles.
- Testing Services: Rigorous quality assurance protocols to ensure the reliability and performance of every circuit board.
Market Position and Significance
ZTEST Electronics Inc. has carved out a significant niche within the broad EMS market through its focus on low and mid-volume, high-complexity products. The company supplies a wide variety of electronic sectors including medical devices, power systems, telecommunications, and wearables. This targeted approach ensures that customers with unique and demanding production requirements receive precise and timely manufacturing services, reinforcing the company’s position in an increasingly competitive industry.
Business Model and Operational Excellence
The business model of ZTEST Electronics Inc. is underpinned by its commitment to quality, speed, and innovation. Utilizing a state-of-the-art manufacturing facility, the company integrates robust quality assurance measures, lean production methodologies, and advanced testing protocols. This integrated approach not only supports rapid turnaround times but also ensures meticulous adherence to industry standards, which is critical for sectors where precision is paramount. By offering a modular set of services ranging from assembly to complete quality testing, ZTEST delivers significant value through operational efficiency and reliability.
Quality and Certification
Operating from an ISO 9001:2015 certified facility, ZTEST stands as a testament to quality and operational excellence. This certification ensures that the processes, from materials management to final product testing, meet internationally recognized standards. The company’s ability to adhere to rigid quality controls has made it a trusted partner for businesses that value precision and dependability in their electronic components.
Competitive Landscape
Within the EMS industry, ZTEST Electronics Inc. competes with a range of contract manufacturers. However, its strategic focus on high-complexity circuit boards and its rapid-turnaround model allow it to offer a distinct proposition. Unlike larger-scale manufacturers that prioritize volume over customization, ZTEST is tailored to serve customers with specific, technical requirements where precision and quality are non-negotiable. The integration of controlled testing processes and advanced materials management further differentiates its services against its competitors.
Operational Strengths and Innovation
Central to ZTEST’s operational capabilities is a commitment to continuous improvement and innovation. Investments in cutting-edge equipment and technology ensure that the company remains well-equipped to manage intricate manufacturing challenges. This proactive approach is reflected in its agile business structure, which is designed to adapt quickly to market shifts while maintaining a strong focus on quality and efficiency. With an experienced management team and an integrated production model, ZTEST reinforces its operational strength and readiness to meet diverse industry needs.
Customer-Centric Approach
ZTEST Electronics Inc. places a significant emphasis on understanding and addressing client needs. Its service model is built around flexibility and precision, allowing for tailored solutions that match the unique production requirements of each customer. Whether serving the medical sector or the dynamic fields of telecommunications and industrial electronics, the company’s customer-centric approach is evident in its commitment to delivering products that meet exacting specifications with consistent quality.
Conclusion
In summary, ZTEST Electronics Inc. is a comprehensive provider of EMS, specializing in PCB assembly, materials management, and testing services. Its robust operational framework, certified quality processes, and strategic focus on complex circuit boards position it as a reliable and knowledgeable player in the diverse markets it serves. For stakeholders and industry analysts, understanding ZTEST’s business model offers insight into a company that effectively marries quality, innovation, and operational excellence within the challenging landscape of modern electronics manufacturing.
ZTEST Electronics (CSE:ZTE)(OTC:ZTSTF) reported Q2 2025 financial results, marking an end to eleven consecutive quarters of year-over-year growth. Q2 revenues reached $2,080,861, down 15% year-over-year, while generating $377,972 in cash from operations.
The company's net income for the quarter was $208,604, with year-to-date figures at $532,724, both trailing previous year's results of $504,329 and $676,213 respectively. Basic EBITDA per share decreased to $0.011 from $0.022 last year, impacted by both lower net income and a 29% increase in outstanding shares.
Despite revenue decline, gross margin percentage showed a marginal increase. The company maintains strong liquidity with working capital of $4,328,785 as of December 31, 2024, and is exploring investment opportunities for growth.
ZTEST Electronics Inc. (CSE: ZTE) has announced the initiation of a comprehensive strategic review aimed at enhancing shareholder value. The company has engaged RRico Corporate Development Company for a three-month term to explore strategic growth initiatives.
Ron Rieder, President of RRico, who brings over 25 years of experience in corporate development and has raised more than $100 million in various financing forms, has been granted 100,000 stock options. These options have an exercise price of $0.40, expiring in five years, with 50% vesting in three months and the remainder in 6 months, contingent on his continued retention.
ZTEST Electronics reported strong Q1 2025 financial results with significant improvements across key metrics. Revenue increased 7.4% to $2,019,507, while net income surged 88.5% to $324,120 compared to Q1 2024. The company achieved a 61.3% increase in EBITDA to $518,625 and improved gross margins by 42% to $921,444. Cash generated from operations rose 76% to $442,259. Earnings per share increased 50% from $0.006 to $0.009. The company maintains strong liquidity and low leverage, actively seeking investment opportunities for growth despite a softened EMS industry environment.
ZTEST Electronics reported strong financial results for fiscal 2024, marking its fourth consecutive year of revenue growth. The company achieved revenues of $9,756,044, up 71% from 2023, while net income surged 961% to $1,753,269. Q4 2024 revenues reached $2,791,359, increasing 55.3% year-over-year. EBITDA grew significantly to $2,599,052 ($0.086 per share), up 418.9% from the previous year. The company's gross margins improved by 125.4% to $3,918,137, with Q4 showing the highest periodic revenue of the year.
ZTEST Electronics Inc. (CSE:ZTE) has announced its participation in the Planet MicroCap Showcase: VANCOUVER 2024, scheduled for September 26, 2024. The event, associated with Small Cap Discoveries, is a global multimedia and publishing financial news investor portal focused on the MicroCap market.
ZTEST has made its corporate presentation available on its website. The company, through its subsidiary Permatech Electronics , offers Electronic Manufacturing Services (EMS) including PCB Assembly, Materials Management, and Testing services. Permatech operates from a 21,000 square foot, ISO 9001:2015 certified facility in North York, Ontario, Canada, serving various industries such as Medical, Power, Computer, and Telecommunications.
ZTEST Electronics Inc. (CSE:ZTE) has granted 800,000 stock options to its Directors and Officers, exercisable at $0.30 per share for 5 years. The options vest 50% after 6 months and the remainder after 1 year. The company also announced the resignation of Derrick Strickland as a director, with Dave Barnett appointed to the Audit Committee to fill the vacancy. ZTEST, through its subsidiary Permatech Electronics Corp., offers Electronic Manufacturing Services (EMS) including PCB Assembly, Materials management, and Testing services from its 21,000 square foot, ISO 9001:2015 certified facility in North York, Ontario. Permatech serves various industries, specializing in low and mid-volume production of high complexity products.
ZTEST Electronics Inc. (CSE:ZTE) has appointed David Barnett to its Board of Directors as an independent director, pending regulatory approval. Mr. Barnett brings over 7 years of risk management experience, 6 years of capital markets expertise from BMO Nesbitt Burns, and 25 years of successful microcap investing. He holds a Bachelor of Business Administration and is a CFA charterholder.
CEO Steve Smith highlighted Barnett's strong financial background and expertise in evaluating manufacturing operations as valuable assets to the company. ZTEST, through its subsidiary Permatech Electronics Corp., offers Electronic Manufacturing Services from a 21,000 square foot, ISO 9001:2015 certified facility in North York, Ontario.
ZTEST Electronics announced results from its annual shareholder meeting on July 11, 2024. Key elections included Steve Smith, Dean Tyliakos, Derrick Strickland, and William R. Johnstone to the Board of Directors, while K. Michael Guerrerio resigned. Kreston GTA LLP was appointed as auditors, and a new 10% rolling Stock Option Plan was approved. ZTEST operates through its subsidiary, Permatech Electronics, providing EMS services from a 21,000 sq. ft. facility in North York, Ontario. They specialize in PCB assembly and materials management, serving various high-tech industries.
For more info, contact CEO Steve Smith at steves@ztest.com.
ZTEST Electronics Inc. has closed an oversubscribed non-brokered private placement, raising $1.26 million by issuing 5,040,000 working capital units at $0.25 per unit. The placement includes common shares and warrants, with a finder's fee of $54,845 paid. Proceeds will be used for general working capital purposes. ZTEST Electronics Inc., operating through its subsidiary Permatech Electronics Corp., offers Electronic Manufacturing Services (EMS) specializing in complex circuit board production for various industries.
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