-
Alleged Bondi shooters conducted 'tactical' training in countryside, Australian police say
-
Swiss court to hear landmark climate case against cement giant
-
Steelers beat Lions in 'chaos' as three NFL teams book playoffs
-
Knicks' Brunson scores 47, Bulls edge Hawks epic
-
Global nuclear arms control under pressure in 2026
-
Five-wicket Duffy prompts West Indies collapse as NZ win series 2-0
-
Asian markets rally with Wall St as rate hopes rise, AI fears ease
-
Jailed Malaysian ex-PM Najib loses bid for house arrest
-
Banned film exposes Hong Kong's censorship trend, director says
-
Duffy, Patel force West Indies collapse as NZ close in on Test series win
-
Australian state pushes tough gun laws, 'terror symbols' ban after shooting
-
A night out on the town during Nigeria's 'Detty December'
-
US in 'pursuit' of third oil tanker in Caribbean: official
-
CO2 soon to be buried under North Sea oil platform
-
Steelers edge Lions as Bears, 49ers reach playoffs
-
India's Bollywood counts costs as star fees squeeze profits
-
McCullum admits errors in Ashes preparations as England look to salvage pride
-
Pets, pedis and peppermints: When the diva is a donkey
-
'A den of bandits': Rwanda closes thousands of evangelical churches
-
Southeast Asia bloc meets to press Thailand, Cambodia on truce
-
As US battles China on AI, some companies choose Chinese
-
AI resurrections of dead celebrities amuse and rankle
-
Pantheon Resources PLC Announces Shareholder Letter and Corporate Update on Dubhe-1
-
Tocvan Begins Trenching Material for the Pilot Mine and Pushes Ahead With Infrastructure Development
-
Steelers receiver Metcalf strikes Lions fan
-
Morocco coach 'taking no risks' with Hakimi fitness
-
Gang members given hundreds-years-long sentences in El Salvador
-
Chargers, Bills edge closer to playoff berths
-
US, Ukraine hail 'productive' Miami talks but no breakthrough
-
Gang members given hundred-years-long sentences in El Salvador
-
Hosts Morocco off to winning start at Africa Cup of Nations
-
No jacket required for Emery as Villa dream of title glory
-
Amorim fears United captain Fernandes will be out 'a while'
-
Nigerian government frees 130 kidnapped Catholic schoolchildren
-
Captain Kane helps undermanned Bayern go nine clear in Bundesliga
-
Trump administration denies cover-up over redacted Epstein files
-
Captain Kane helps undermanned Bayern go nine clear
-
Rogers stars as Villa beat Man Utd to boost title bid
-
Barca strengthen Liga lead at Villarreal, Atletico go third
-
Third 'Avatar' film soars to top in N. American box office debut
-
Third day of Ukraine settlement talks to begin in Miami
-
Barcelona's Raphinha, Yamal strike in Villarreal win
-
Macron, on UAE visit, announces new French aircraft carrier
-
Barca's Raphinha, Yamal strike in Villarreal win
-
Gunmen kill 9, wound 10 in South Africa bar attack
-
Allegations of new cover-up over Epstein files
-
Atletico go third with comfortable win at Girona
-
Schwarz breaks World Cup duck with Alta Badia giant slalom victory
-
Salah unaffected by Liverpool turmoil ahead of AFCON opener - Egypt coach
-
Goggia eases her pain with World Cup super-G win as Vonn takes third
ZTEST Electronics Inc. Announces Fiscal Q3 2025 Results
NORTH YORK, ON / ACCESS Newswire / May 30, 2025 / ZTEST Electronics Inc. ("ZTEST" or the "Company") (CSE:ZTE)(OTC PINK:ZTSTF) announces Q3 2025 revenues of $2,105,297, a slight increase over the immediate proceeding quarter, but a decline from the record $2,625,282 reported for Q3 2024. Revenues for the nine months ended March 2025 were $6,205,665 as compared to $6,964,685 in the prior year.
While managing through headwinds mentioned in previous quarterly commentary, the Company takes some solace in the fact that revenues for the nine-month period remain almost 59% ahead of March 2023, that gross margin percentages have been maintained, that liquidity has been further enhanced, and that cash flows from operations remain strong.
Financial Highlights | Three months ended | |||||
(in thousands of dollars, except per share amounts) | Mar 31 | Mar 31 | ||||
Revenue | 2,105 | 2,625 | ||||
Gross Margin | 834 | 1,124 | ||||
Gross Margin as a % of Revenue | 39.6 | % | 42.8 | % | ||
EBITDA | 424 | 788 | ||||
Net Income | 256 | 531 | ||||
Basic Net Income per share | 0.007 | 0.017 | ||||
Operating Cash Flow | 392 | 676 | ||||
Financial Position | As at | |||
(in thousands of dollars) | Mar 31 | Jun 30 | ||
Cash | 3,867 | 2,776 | ||
Working Capital | 4,648 | 3,593 | ||
Long-term Debt | 73 | 121 | ||
Shareholders' Equity | 5,550 | 4,497 | ||
The Company's management and Board of Directors is continually evaluating capital allocation strategies including M&A opportunities. While no such strategic transaction is imminent, management also recognized that an opportunity exists to take advantage of what it perceives to be an under-valuation of its own securities. An NCIB commenced on April 1, 2025, and to date the Company has repurchased 296,500 common shares.
Steve Smith, CEO commented, "Our ability to adapt to the shifting environment is reflected in our consistent operating margin and compelling cash generation. There are subtle indications that demand may soon start to increase, however we remain diligent, due to the uncertainties spawned by new and possible international tariffs. Ultimately, we continue to be centered on operational execution and driving shareholder value."
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
K.Hill--AT