Fab-Form Industries Ltd. Announces Results for the Quarter Ended 30 September 2025

Executive Summary

• Fab‑Form Industries reported Q3 2025 revenue of $1.48 M, a modest 3.2% increase year‑over‑year, but net earnings fell 14.9% to $237,434.
• Gross margin slipped to 35% (down from 37%) as sales shifted toward lower‑margin ICF accessory products and reduced USD exposure.
• Operating expenses rose sharply (+18.2%), driven by higher G&A (+9.0%) and marketing costs (+51.0%).

Key Details

• Revenue: $1,479,187 (Q3 2025) vs. $1,433,820 (Q3 2024), +3.16% YoY.
• Gross Profit: $522,333; gross margin 35%, down from 37% in the prior year.
• Operating Expenses: Increased 18.22% YoY; G&A up 9.00%; marketing up 50.99%.
• Earnings from Operations: $270,553, a decline of 14.48% versus $316,364 last year.
• Other Income: $46,840, up 10.18% due to favorable exchange rates.
• Net Earnings: $237,434, down 14.85% from $278,836 in Q3 2024.
• Cash & Cash Equivalents (30 Sep 2025): $1,336,709.
• Short‑Term Investments: $3,064,036, indicating strong liquidity.
• Total Assets: $6,954,215, up from $6,388,251 YoY.
• Total Liabilities: $756,016; the company remains “debt‑light.”
• Product & Market Update: Fab‑Form will exhibit at Big 5 Global in Dubai (24‑27 Nov 2025), showcasing Fast‑Foot, Fast‑Tube, and Space‑R products (Stand SS3 H78, Sheikh Saeed Hall 3).

Notable Quotes

(No direct quotes were included in the release.)