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iFabric (IFA) AI Stock Analysis
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iFabric
(TSX:IFA)
Overall score reflects strong balance sheet and a clear operational/earnings rebound with upbeat management commentary and liquidity strength, offset by weak cash-flow durability and only fair valuation given a ~35 P/E. Technical indicators also lean bearish in the near term, keeping the score in the mid-range despite improving fundamentals.
iFabric (IFA) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 133.57M
- Dividend Yield
- ―
- Average Volume (3M)
- 58.65K
- Price to Earnings (P/E)
- 30.8
- Beta (1Y)
- -0.82
- Revenue Growth
- 106.43%
- EPS Growth
- 326.23%
- Country
- Canada
- Employees
- 33
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Apparel - Manufacturers
iFabric Business Overview & Revenue Model
Company Description
Established in 1985 and based in Markham, Canada, iFabric Corp. operates through two main business segments. The company's Intimate Apparel division is responsible for the global design, sourcing, and distribution of women's intimate wear and accesso...
How the Company Makes Money
iFabric primarily makes money through two operating segments. (1) Textile/Technology segment: The company generates revenue by selling or supplying fabrics and/or applying its proprietary treatment technology to fabrics for customers. This includes r...
iFabric Earnings Call Summary
The call presents a strongly positive operational and financial momentum story: record revenue growth (Q2 up 65% and H1 up 188%), a record 6-month EBITDA, strengthened liquidity after a $21M capital raise, and multiple retail rollouts and product initiatives (Target, Walmart, international expansion, new partnerships). Challenges include a reported gross margin decline largely driven by an IFRS treatment of $650k of retailer advertising support, increased variable selling and admin costs, timing risk related to retailer inventory and store rollouts, and ongoing investment costs for new technology commercialization. Management is addressing margin variability by moving marketing in-house and highlights the ability to scale toward >$100M revenue without additional capital. On balance the positives (record growth, cash position, scalable runway and product/retail traction) outweigh the near-term accounting-related margin noise and execution/timing risks.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management asked investors to focus on an annual/TTM view and gave directional targets and capacity metrics: Q2 revenue was $9.6M (vs $5.8M, +65%; invoiced ≈$10.3M before a $650k retailer advertising deduction) and 6‑month revenue was $37.1M (vs $12.9M, +188%); Q2 gross margin fell to 30% from 37% (the full 7ppt drop attributable to the $650k ad deduction) with a blended margin target of ~35% (intimate apparel ~49–50%; IFTNA ~30%); Q2 EBITDA was $0.715M and 6‑month EBITDA $5.8M (vs $0 in 2025); tariff recovery recognized $925k (cash received $710k, $250k receivable); balance sheet: cash ≈$25M after ~ $21M net capital raise, working capital ≈$45.1M and available credit ≈$14–15M; deposits are about $5M (typical 25% prepay), and management says they can scale well north of $100M revenue without extra capital, target long‑term EBITDA 15–20% and net after G&A ~15%, expect Q3 to be replenishment‑driven (Q1/Q4 seasonally largest), will reduce direct retailer ad support by shifting marketing in‑house, and noted selling/royalty costs largely scale with revenue.
iFabric Financial Statement Overview
Summary
Fundamentals are mixed: the income statement shows a meaningful profitability rebound and mid-single-digit revenue growth (Income Statement Score 72), and the balance sheet is conservative with low leverage and improved ROE (Balance Sheet Score 85). The main drag is weak and inconsistent cash conversion with volatile historical operating/free cash flow and sharply negative TTM free cash flow growth (Cash Flow Score 41), which lowers confidence in earnings quality.
Income Statement
72PositiveBalance Sheet
85Very PositiveCash Flow
41Neutral| Breakdown | TTM | Mar 2026 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.09M | 32.39M | 22.72M | 19.74M | 19.76M | 11.52M |
| Gross Profit | 17.26M | 11.71M | 8.84M | 7.03M | 7.76M | 4.30M |
| EBITDA | 6.60M | 2.40M | -2.21M | -27.09K | 3.21M | -551.96K |
| Net Income | 3.95M | 1.57M | -1.69M | -452.46K | 2.37M | -624.71K |
Balance Sheet | ||||||
| Total Assets | 59.98M | 30.56M | 25.91M | 27.37M | 27.63M | 17.51M |
| Cash, Cash Equivalents and Short-Term Investments | 25.49M | 1.23M | 1.57M | 944.73K | 8.90M | 1.16M |
| Total Debt | 5.50M | 6.40M | 2.03M | 1.24M | 1.27M | 1.32M |
| Total Liabilities | 13.27M | 9.26M | 5.21M | 4.60M | 5.35M | 8.17M |
| Stockholders Equity | 46.71M | 21.30M | 20.69M | 22.75M | 22.27M | 9.34M |
Cash Flow | ||||||
| Free Cash Flow | 216.88K | -5.40M | 644.99K | -8.45M | -2.48M | -1.24M |
| Operating Cash Flow | 316.89K | -5.16M | 833.77K | -8.21M | -2.22M | -1.06M |
| Investing Cash Flow | -100.00K | -247.06K | -138.38K | -242.76K | -253.40K | -178.02K |
| Financing Cash Flow | 22.28M | 2.35M | -14.42K | 41.93K | 10.46M | 205.15K |
iFabric Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:IFA, the sentiment is Negative. The current price of 3.93 is below the 20-day moving average (MA) of 4.03, below the 50-day MA of 4.01, and above the 200-day MA of 3.73, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 44.86 is Neutral, neither overbought nor oversold. The STOCH value of 57.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:IFA.
iFabric Peers Comparison
Overall Rating
TSE:MENE76Outperform
TSE:UNI66.9Neutral- TSE:IFA64Neutral
TSE:RET58Neutral
TSE:GOOS54Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:MENE | 76Outperform | CAD 46.94M | 14.29 | 16.58% | ― | 6.91% | ― |
| TSE:UNI | 67Neutral | CAD 50.38M | 12.81 | 23.49% | ― | 2.50% | ― |
| TSE:IFA | 64Neutral | CAD 133.57M | 30.82 | 13.95% | ― | 106.43% | 326.23% |
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| TSE:RET | 58Neutral | CAD 105.76M | -216.67 | -0.09% | ― | 0.89% | -127.61% |
| TSE:GOOS | 54Neutral | CAD 1.07B | 18.98 | 10.37% | ― | 12.26% | 20.96% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:IFA | iFabric Corp. | 3.93 | 2.70 | 219.51% | |
| TSE:RET | Reitmans (Canada) Limited | 2.21 | 0.07 | 3.27% | |
| TSE:UNI | Unisync Corp | 2.65 | 1.42 | 115.45% | |
| TSE:GOOS | Canada Goose | 11.20 | -8.64 | -43.55% | |
| TSE:MENE | Mene Class B | 0.18 | -0.04 | -18.18% |
iFabric Corporate Events
iFabric’s Doctor’s Choice Scrubs Land on Amazon Canada, Expanding North American Reach
PositiveiFabric’s Intelligent Fabric Technologies unit is expanding distribution of its Doctor’s Choice® clinically proven scrubs by launching on Amazon.ca, making the tech-enhanced medical apparel available to healthcare practitioners natio...
iFabric expands VERZUS ALL swimwear into five European markets
PositiveiFabric Corp., through its subsidiary Intelligent Fabric Technologies (North America) Inc., develops technology-enhanced apparel and proprietary textile treatments for major retailers, while also building its own brands like VERZUS ALL across interna...
iFabric Posts Record First-Half Revenue as New Programs and Nudish Brand Drive Surge
PositiveiFabric Corp. reported the strongest six-month period in its history, with first-half 2026 revenue surging 188% year over year to a record $37.1 million and both divisions achieving all-time highs. The Intelligent Fabrics unit nearly tripled sales on...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Aug 24, 2026