Business
iFabric Corp Reports Full-Year 2025 Results; Raises Q1 2026 Outlook
MARKHAM, ON / ACCESS Newswire / March 31, 2026 / iFabric Corp. ("iFabric" or the "Company") (T...
About this update from Ifabric Corp.
[{"type":"text","content":"iFabric Corp Reports Full-Year 2025 Results; Raises Q1 2026 OutlookMARKHAM, ON / ACCESS Newswire / March 31, 2026 / iFabric Corp. (\"iFabric\" or the \"Company\") (TSX:IFA)(OTCQX:IFABF), announces its results for the fourth quarter and fiscal year ended December 31, 2025, and raises its revenue outlook for the first quarter of 2026. Management highlights the following:Record Full-Year 2025 Revenue of $32.9 Million, Up 20% From Record 2024 RevenueIntelligent Fabrics Division Revenue Increased 33% to $26.2 Million, Driven by Category Expansions and Strong Medical Apparel Program GrowthQ1 2026 Revenue Outlook Raised to $25 to $27 Million, From Prior Guidance of $20 to $25 Million\"2025 marked another record year for iFabric and further validated the growth platform we are building through the continued expansion of our Intelligent Fabrics business,\" said Hylton Karon, President and Chief Executive Officer of iFabric Corp. \"We delivered record full-year and fourth-quarter revenue, and that momentum has carried directly into 2026. With a materially stronger first-quarter now nearly complete, we believe the initiatives put in place during 2025 are creating a broader and more scalable growth platform for our Company,\" concluded Hylton Karon\"The strength of our 2025 results reflects disciplined execution, category expansion, and the scaling of programs where our products are delivering performance advantages and value to customers,\" said Giancarlo Beevis, Chief Executive Officer of Intelligent Fabric Technologies (North America) Inc. \"In particular, our clinically-proven medical apparel programs and other innovative product initiatives continued to gain traction throughout 2025 and into 2026. We are seeing growth from both existing programs and new launches, and we believe that expanding retailer adoption across these categories is further validating the commercial potential of our platform,\" concluded Mr. BeevisYear Ended December 31, 2025Total revenues increased by $5,547,528 to $32,874,918 for the year ended December 31, 2025, compared to $27,327,390 for the year ended December 31, 2024, representing a 20% increase over the record revenues recorded in 2024 and attributable to new programs in both the U.S. and Canada.Intelligent Fabrics Division revenue increased by 33% or $6,443,547, to $26,221,629 for the twelve months in 202...