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  • Yesterday

      Show headlines and story abstract
    • 6:31AM ET on Tuesday Apr 23, 2024 by Accesswire
      Companies Mentioned: IFABF

      MARKHAM, ON / ACCESSWIRE / April 23, 2024 / iFabric Corp. ("iFabric" or the "Company") (TSX:IFA)(OTCQX:IFABF), a leading provider of innovative apparel and textile technologies, announces that its wholly-owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. ("IFTNA"), has received United States Environmental Agency ("EPA") registrations for two of its latest antimicrobial textile innovations. This significant milestone underscores iFabric's commitment to providing groundbreaking solutions to meet the evolving needs of our customers and addressing emerging challenges in the field of antimicrobial protection.

    • 6:31AM ET on Tuesday Apr 23, 2024 by Dow Jones
      Companies Mentioned: IFA

      MARKHAM, ON / ACCESSWIRE / April 23, 2024 / iFabric Corp. ("iFabric" or the "Company") (TSX:IFA)(OTCQX:IFABF), a leading provider of innovative apparel and textile technologies, announces that its wholly-owned subsidiary company, Intelligent Fabric Technologies (North America) Inc. ("IFTNA"), has received United States Environmental Agency ("EPA") registrations for two of its latest antimicrobial textile innovations. This significant milestone underscores iFabric's commitment to providing groundbreaking solutions to meet the evolving needs of our customers and addressing emerging challenges in the field of antimicrobial protection.
  • Apr 2, 2024

      Show headlines and story abstract
    • 7:34AM ET on Tuesday Apr 02, 2024 by Accesswire
      Companies Mentioned: IFABF

      MARKHAM, ON / ACCESSWIRE / April 2, 2024 / iFabric Corp. ("iFabric" or the "Company") (TSX:IFA)(OTCQX:IFABF), today announced its results for its fifth quarter and fiscal period ended December 31, 2023 ("2023"). With effect from October 1, 2022, the Company changed its financial year end to December 31. Accordingly, the financial statements for 2023 are presented for a period of fifteen months compared to twelve months in 2022.

    • 7:34AM ET on Tuesday Apr 02, 2024 by Dow Jones
      Companies Mentioned: IFA

      The table below reconciles Adjusted EBITDA and Net earnings attributable to owners of the Company, calculated in accordance with IFRS:
      Three months Three months Fifteen months Twelve months December 31, December 31, December 31, September 30, For the period ending 2023 2022 2023 2022 --------------- ------------ -------------- ------------- Net earnings (loss) after tax attributable to shareholders (2,704,508) 134,566 (2,107,522) (454,998) Add (deduct): Net earnings attributable to non-controlling interest 1,023 (2,705) (2,320) 2,542 Provision for income taxes (1,025,032) 3,041 (952,935) 244,975 Share-based compensation 77,190 - 162,199 472,952 Impairment provision - legal claim 3,842,153 - 3,842,153 - Amortization of deferred development costs - 6,705 26,820 26,820 Depreciation of plant, property and equipment and right-of-use assets 41,990 28,533 160,920 103,847 Interest expense 24,642 19,637 110,207 49,723 Adjusted EBITDA 257,458 189,777 1,239,522 445,861 Add (deduct): Impairment provision - legal claim (3,842,153) - (3,842,153) - Share-based compensation (77,190) - (162,199) (472,952) EBITDA (3,661,885) 189,777 (2,764,830) (27,091)

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