Business
Fab-Form Industries Ltd. Announces Results for the Quarter Ended 30 September 2025
Delta, British Columbia--(Newsfile Corp. - November 27, 2025) - Fab-Form Industries Ltd. (TSXV: F...
About this update from Fab-form Industries Ltd
[{"type":"text","content":"\nFab-Form Industries Ltd. Announces Results for the Quarter Ended 30 September 2025Delta, British Columbia--(Newsfile Corp. - November 27, 2025) - Fab-Form Industries Ltd. (TSXV: FBF) (\"Fab-Form\" or the \"Company\") today released its interim financial results for the quarter ended 30 September 2025.Financial HighlightsRevenue for the quarter increased slightly to $1,479,187 compared to $1,433,820 in the last quarter ended 30 September 2024, reflecting a modest 3.16% growth resulting from an increase in Fastfoot, Fast-Tube, Helix and Insulated Concrete Forms related (\"ICF accessories\") sales.Gross profit remained stable at $522,333, with a gross margin of 35%, slightly less than 37% in the prior year, primarily due to higher sales of lower margin products as well as reduction of USD sales.Operating expenses increased significantly by 18.22%, driven by higher general and administrative expenses (+9.00%) and marketing costs (+50.99%) as the Company continues to invest in its expansion strategy.Earnings from operations declined by 14.48% to $270,553, compared to $316,364 in the last year.Other income increased by 10.18% to $46,840 as a result of favourable of exchange rates as compared to last year.Net earnings for the period stood at $237,434, down 14.85% from the previous year's $278,836.Financial PositionAs of 30 September 2025, the Company had cash and cash equivalents of $1,336,709 and short-term investments increased to $3,064,036, ensuring strong liquidity.Total assets grew to $6,954,215, up from $6,388,251 in the previous year.The Company remains debt-light, with total liabilities of $756,016, ensuring financial stability and flexibility for future growth.Product and Market UpdateFab-Form will be exhibiting at Big 5 Global in Dubai, featuring:Fast-Foot for commercial applications (as highlighted on the cover page),Fast-Tube as a versatile utility column formwork solution, andSpace-R, the innovative 3-in-1 rebar stirrup system for both round and square columns.Stand No - SS3 H78, Sheikh Saeed Hall 324th November to 27 November 2025https://exhibitors.big5global.comTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/814/276165_8f34f5567428c809_002full.jpgForward-Looking StatementsCertain statements in this release constitute forward-looking information within the meaning of appl...