Fab-Form Industries Ltd. Announces Results for the Year Ended 30 June 2025

Executive Summary

• Fab‑Form Industries Ltd. reported audited financial results for the year ended 30 June 2025, showing revenue of $4.73 M (up 1.09%) but a 29% decline in net earnings to $546,764 versus $771,875 YoY.
• Gross profit remained stable at $1.60 M with margin slipping to 34% from 36%; operating expenses rose 19.2%, driven by higher G&A and marketing spend.
• The company ended the period debt‑free with cash & equivalents of $1.09 M, short‑term investments of $3.04 M, and total assets of $6.72 M, supporting liquidity for its expansion initiatives.

Key Details

• Revenue: $4,733,123 (↑ 1.09% YoY) vs. $4,681,956 in FY2024.
• Gross Profit: $1,595,257; gross margin 34% (down from 36%).
• Operating Expenses: $962,? (derived from 19.21% increase); G&A up 16.72%, marketing up 26.82%.
• Earnings from Operations: $633,288 (↓ 28.64% YoY).
• Other Income: $159,798 (↓ 15.57% YoY) due to lower exchange gains.
• Net Earnings: $546,764 (↓ 29.16% YoY) vs. $771,875 in FY2024.
• Cash & Cash Equivalents: $1,089,925 as of 30 June 2025.
• Short‑Term Investments: $3,041,324, up from prior year.
• Total Assets: $6,715,135 (↑ from $6,057,534).
• Total Liabilities: $814,108; company remains debt‑free.
• Product Updates: Launch of Fast‑Tube® 2.0 automation, private‑label printer, and upcoming demos at Dubai Trade Show (Nov 2025) and World of Concrete (Jan 2026); establishment of Ireland and Nigeria dealerships; successful test pours in Nigeria with first order expected Nov 2025.
• R&D Initiatives: Development of Fast‑Tube® 3.0 uncoated fabric with Hagihara Industries; prototype planned for Jan 2026 World of Concrete.
• KLiP Tool: 20,000 units on order to aid tube installation worldwide.
• SPACE‑R®: Prototype production mold in progress; samples expected for Dubai show (Nov 2025).

Notable Quotes

• “Despite challenging macro‑economic conditions and heightened US tariffs, we have maintained revenue growth while investing strategically in product innovation and market expansion,” – Joseph Fearn, CEO.