iFabric Corp. (IFA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

I'm carrying on with a record year. So here to tell you more about that is Hilton Karon, CEO, Hilton Price, CFO, Giancarlo Beevis, COO. Before we get started, just so we're clear on the format, the gentlemen are going to provide a very brief overview of the quarter. And I think we have a lot of Q&A, so we'll just jump right into Q&A fairly quickly. I don't believe that we will be working off a presentation. Giancarlo Beevis Good morning, everyone, and welcome. As I normally do, I'll start the webinar by saying that we put out a very comprehensive press release on the Q2 and six-month numbers and results. And the release, as well as the financial statements, management discussion analysis, can be viewed on our website at www.ifabriccorp.com. So I'm going to deal with what I consider the main or salient features of the results. I'll start with revenues. Q2 revenues came in at 9.6 million compared to 5.8 million in 2025, which was an increase of 3.8 million or 65%. There's one item I'd like to discuss here, and that is we provided $650,000 in advertising support to customers. And as required by IFRS, this is deducted from revenues. So in fact, our true amount invoice to customers was around $10.3 million. Hilton Price, Giancarlo Beevis Revenues, those came in at a record $37.1 million compared to $12.9 million in 2025, which is an increase of $24.2 million or 188%, an absolute record. I'd like to take a few moments to discuss the seasonal nature of our business. And in this regard, we have two kinds of programs, seasonal programs, and this would include products like swimwear, footwear. These are set programs and currently range in size from around 3 million to 8 million. They sell through fairly quickly, around two to three months. and these programs will normally ship...