iFabric Reports Record Q1 Revenue and Improved Profitability
iFabric reported record first-quarter revenue of CAD 27.5 million, driven by strong performance in both Intelligent Fabrics and Intimate Apparel divisions. Gross margin improved to 33% from 26%, with adjusted EBITDA reaching CAD 5.7 million.
Topics: ebitda gross_margin profitability_improvement revenue_growth