
iFabric (TSE:IFA) reported record quarterly revenue and improved profitability in its latest first-quarter results, with management pointing to new retail programs, expanded product placements and growth across both of its major divisions.
Speaking on a post-results update call, Chief Executive Officer Hylton Karon said revenue for the quarter was CAD 27.5 million, up from CAD 7.1 million in the comparable period referenced by the company and ahead of prior guidance of CAD 20 million to CAD 25 million.