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iFabric Corp. (T:IFA)

Business Focus: Lingerie

Sector:  Consumer Cyclicals Industry:  Apparel & Accessories
 
Company Contact
Address: 525 Denison Street, Unit 1
MARKHAM ON L3R 1B8
Tel: N/A
Website: https://www.ifabriccorp.com
IR: See website
Key People
Hylton Karon
President, Chief Executive Officer, Director
Hilton David Price
Chief Financial Officer, Corporate Secretary and Director
 
Business Overview
iFabric Corp. is a Canada-based company, which is engaged in the business of designing and distributing women's intimate apparel, as well as a range of complimenting accessories. It is also in the business of developing and distributing a range of products and treatments that are suitable for application to textiles, plastics, liquids and hard surfaces, as well as finished performance apparel. These products are designed to provide added benefits to the user. Its two divisions offer a variety of products and services through wholly owned subsidiaries, namely Intelligent Fabric Technologies (North America) Inc. (IFTNA) and Coconut Grove Pads Inc. (Coconut Grove). IFTNA is focused on development and sale of high-performance sports apparel, medical protective apparel, consumer protective apparel and proprietary treatments. Coconut Grove operates as Coconut Grove Intimates, is a designer, manufacturer, distributor, licensor and licensee of ladies' intimate apparel products and accessories.
Financial Overview
For the fiscal year ended 31 December 2023, iFabric Corp revenues totaled C$28.4M. Net loss totaled to C$2.1M. Results are not comparable due to year end change.
Employees: 33 as of Dec 31, 2023
Reporting Currency: Canadian Dollars
Enterprise value: $37.32M as of Dec 31, 2023
Annual revenue (TTM): $23.48M as of Dec 31, 2023
EBITDA (TTM): -$2.96M as of Dec 31, 2023
Net annual income (TTM): -$2.24M as of Dec 31, 2023
Free cash flow (TTM): -$0.65M as of Dec 31, 2023
Net Debt Last Fiscal Year: $0.45M as of Dec 31, 2023
Shares outstanding: 30,299,467 as of Dec 31, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization