-
Liverpool sign Barcola from PSG for reported £124 million
-
Man City sign Palmeiras winger Allan on five-year deal
-
Putin, Xi, Iran's Pezeshkian in Kyrgyzstan for summit
-
More flooding feared at Grand Canyon after storm leaves 15 missing
-
Fully Permitted Tanzanian Gold Project Clears Path to Construction as Financing, EPCM Fall in Place (LVGLF)
-
RedHill Divests Talicia® to Apotex for $18 Million Cash Upfront Plus Milestones to Fuel Strategic Growth Opportunities
-
EdWealth Announces MoneyBench Benchmark Comparing AI Money Answers From Ed, ChatGPT and Gemini
-
MEXC Data: BTC Breaks $80,000, Major-Asset Spot Trading Volume Surges 300%
-
Root says new balls behind batsmen's struggles in England
-
G20 finance talks open as US seeks to ramp up pressure on Iran
-
Swollen rivers, washed-out roads hamper Nepal rescue effort
-
Solving Agent Sprawl: The Case for Enterprise Orchestration
-
In France's north, winegrowers bet on a warmer future
-
Springboks switch Kolbe to full-back for third All Blacks Test
-
Deadly virus stalks South Africa's sardines
-
Malaysia's Sarawak eyes cloud seeding as haze worsens
-
South Korea women's football body probes 'period' insult
-
World leaders need to see rising oceans in Pacific: UN official
-
Transitional Fashion Essentials for Autumn: Key Pieces from M&S and Joe Browns
-
Xiaomi Pad 9 Pro Leak Suggests 12.5-Inch Display and Massive Battery
-
China's Xi and Iran's Pezeshkian in Kyrgyzstan, Putin expected
-
UK Homeowners Advised to Use Peppermint Tea Bags to Deter Spiders
-
Rescuers hunt for missing after deadly N.Cyprus ferry accident
-
Nepal toll surges as rescuers struggle through 'unimaginable' disaster
-
Ethiopia's Abiy could consolidate power as 'executive president'
-
Mauled Australian swimmer recalls punching shark
-
Crude prices rise on US-Iran strikes, equities mixed after Warsh remarks
-
Passengers stranded overnight by Kenya airport strike
-
South Korea court gives Unification Church leader 2 years prison
-
Nepal recovers bodies but presses on for trapped tunnel workers
-
US hosts G20 finance talks with growth, Iran pressure on agenda
-
Grand Canyon flash flood leaves one dead, around 15 missing
-
African players in Europe: Wissa flick seals Newcastle victory
-
Venus Williams falls at first hurdle in US Open
-
Venice film preview: Clooney, Oasis and Musk
-
At least five leaders skip annual Pacific Islands summit
-
Poorly Djokovic crashes out of US Open first round
-
I.Coast home-hunters' saga highlights Africa housing crunch
-
Djokovic falls in US Open first round, earliest Grand Slam exit in 20 years
-
At least five leaders to skip annual Pacific Islands summit
-
Chinese guitar capital's stairway to export heaven
-
Latest developments in the US-Iran war
-
Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes
-
Nepal buries dead as rescuers seek thousands missing
-
Injuries cloud tennis as US Open gets under way
-
From Montecito to the Cotswolds: Harry and Meghan eye new UK home
-
Iran retaliates after first US strikes in a month
-
Russia's Putin and China's Xi to attend summit in Kyrgyzstan
-
Itauma says 'I'll be back' after bruising heavyweight title loss
-
John Ternus to lead Apple into the age of AI
ZTEST Electronics Inc. Announces Fiscal 2026 Q3 Results with 13.9% Year Over Year Revenue Growth
NORTH YORK, ON / ACCESS Newswire / May 25, 2026 / ZTEST Electronics Inc. ("ZTEST" or the "Company") (CSE:ZTE)(OTCID:ZTSTF) is pleased to announce Fiscal 2026 Q3 revenues of $2,339,624, an increase of 13.9 % from the same period last year, with net income increasing over 46% to $376,288.
Enhancing the revenue growth, the Company also accomplished a notable gain of more than 25% in gross margins, climbing to $1,044,552 from $833,532 in Q3 2025.
The Company continues to generate positive cash flows from operations and has added $1,230,110 (24.6%) to working capital, and $1,133,185 (19.3%) to capital under management since the start of the fiscal year.
Net income for the quarter was $376,288, and for the nine-month period was $1,039,155, representing improvements of almost 47% and 32% respectively, when compared to March 2025.
Financial Highlights | Three months ended | |||||
(in thousands of dollars, except per share amounts) | Mar 31 | Mar 31 | ||||
Revenue | 2,340 | 2,105 | ||||
Gross Margin | 1,045 | 833 | ||||
EBITDA | 618 | 424 | ||||
Net Income | 376 | 256 | ||||
Basic Net Income Per Share | 0.010 | 0.007 | ||||
Operating Cash Flow | 532 | 392 | ||||
As at | |||||
(in thousands of dollars) | Mar 31 | Mar 31 | |||
Cash | 4,977 | 3,867 | |||
Working Capital | 6,238 | 4,648 | |||
Long-Term Debt | 6 | 73 | |||
Shareholders' Equity | 6,990 | 5,550 | |||
CEO Steve Smith, commented, "We are pleased that the Company has negotiated a new five-year lease extension, commencing April 1, 2026, realizing very favorable lease payments, relative to prevailing market rates. Management believes the facility provides sufficient capacity to accommodate significant future production growth, although there can be no assurance that such growth will occur, without imposing meaningful space constraints.
We are encouraged by the continued momentum in our business, with strong year-over-year growth in revenue and earnings, demonstrating the strength of our customer relationships and the resilience of our operating model."
About ZTEST Electronics Inc.
ZTEST Electronics Inc., through its wholly owned subsidiary Permatech Electronics Corporation ("Permatech"), offers Electronic Manufacturing Services (EMS) to a wide range of customers. Permatech's offering includes Printed Circuit Board (PCB) Assembly, Materials Management and Testing services. Permatech operates from an ISO 9001:2015 certified facility in North York, Ontario, Canada. Permatech is a contract assembler of complex circuit boards, serving customers in the Medical, Power, Computer, Telecommunications, Wireless, Industrial, Trucking, Wearables and Consumer Electronics markets. It specializes in servicing customers who are looking for high yield and require high quality and rapid-turnaround on low and mid-volume production of high complexity products.
For more information contact: Steve Smith, CEO (604) 837-3751 email: [email protected]
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
FORWARD LOOKING STATEMENTS: This press release contains forward looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR+ in Canada (available at www.sedarplus.com).
SOURCE: ZTEST Electronics Inc.
View the original press release on ACCESS Newswire
D.Moore--AMWN