Northwire Canada EditionSunday, July 12, 2026
Northwire
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Production / Operations

iFabric estimates 2025 revenue of $33-million

IFA · Price

Executive Summary

  • iFabric Corp. provides strong fiscal 2025 revenue estimates and a robust outlook for fiscal 2026, driven by the rapid expansion of its clinically proven medical apparel (scrubs) programs and category expansion through Intelligent Fabric Technologies (North America) Inc. (IFTNA).
  • The company estimates full-year 2025 revenue at approximately $33 million, representing a 20% year-over-year increase and a new 12-month record.
  • Fiscal 2026 Q1 revenue is projected to be between $20 million and $25 million, marking the largest-ever quarter in corporate history and a significant acceleration from $7.1 million in Q1 2025.

Key Details

  • Fiscal 2025 Revenue Estimate: Approximately $33 million, up 20% year-over-year.
  • Fiscal 2026 Q1 Revenue Guidance: Expected range of $20 million to $25 million (ended March 31, 2026).
  • Historical Comparison: Q1 2025 revenue was $7.1 million; Q4 2025 revenue was approximately $11 million.
  • Growth Drivers:
    • Rapid expansion of clinically proven medical apparel (scrubs) programs.
    • Continued expansion of IFTNA product categories.
    • Transition away from the Maidenform license, replacing licensed revenue with iFabric’s own brand platform targeting a younger demographic.
  • Strategic Initiatives:
    • Targeted inventory clearance support provided in Q4 2025 to help major retailers transition from competing brands to iFabric branded programs.
    • Expansion into new product categories expected to widen the addressable market through 2026 and 2027.
  • Company Structure:
    • Headquartered in Markham, Ont.
    • Listed on the Toronto Stock Exchange.
    • 30.3 million shares issued and outstanding.
    • Two strategic divisions: Intelligent Fabric Technologies (North America) Inc. (IFTNA) and Coconut Grove Pads Inc. (Coconut Grove Intimates).

Notable Quotes

  • "Fiscal 2025 ended with real acceleration for iFabric... Our record fourth quarter revenue of approximately $11-million was not an isolated event. It reflects the strength of programs we built throughout 2025 and that momentum has rolled directly into 2026." — Hylton Karon, President and CEO
  • "The speed at which our clinically proven scrubs programs have scaled gives us a high level of confidence in the size of the opportunity ahead... We believe that momentum will continue through 2026 and well into 2027." — Hylton Karon, President and CEO
Read the original news release →

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