-
Talks in Qatar after US-Iran deal: What we know
-
Potter admits Sweden couldn't live with France in World Cup defeat
-
Tuchel refuses to dampen England World Cup expectations
-
US coach dismisses European jinx ahead of Bosnia clash
-
Mbappe hails unity as France rally around Deschamps at World Cup
-
World Bank to phase out lending to China by 2031
-
Mbappe fires France into World Cup last 16, Norway advance
-
Mbappe scores twice as France breeze past Sweden into World Cup last 16
-
Belgium fully fit ahead of Senegal tie at World Cup, says Garcia
-
No corn dogs? Trump's 'Great American State Fair' threatens to be a flop
-
Tepid outlook weighs on Nike despite tariff refund boost
-
Haaland hailed as 'greatest' after more World Cup heroics
-
DR Congo have 'nothing to lose' in England World Cup clash
-
Koeman steps down as Netherlands coach after World Cup exit
-
Valiant Serena beaten on Wimbledon return, Swiatek survives scare
-
Nasdaq ends best quarter in 6 years as yen extends drop against dollar
-
Serena beaten at Wimbledon in first singles match in four years
-
Zverev says Wimbledon hopes 'about me' despite open draw
-
Dutch football chiefs condemn online racism after World Cup exit
-
Lionel Scaloni: Argentina's mastermind marks 100 games in charge
-
Police hunt for Monaco bomber after Ukraine-born tycoon wounded
-
Mourinho's Real Madrid host Real Sociedad in La Liga opener
-
CIA boss compares cutting-edge AI to nuclear weapons
-
Football brings joy to Venezuelan kids displaced by quakes
-
'Any team can beat you', warns Ruiz as Spain seek end to World Cup woe
-
Haaland fires Norway into last 16 as France, Mexico look to advance
-
Venezuela quake survivors seek food, shelter as toll rises to nearly 2,000
-
Merkel unveils official portrait for German chancellery
-
Haaland scores winner to send Norway into last-16 Brazil clash
-
Canada crews battle northern wildfire after crash kills 3
-
US Treasury sanctions target alleged drug cartel-linked fuel smuggling ring
-
Portugal's Silva bides his time after being benched at World Cup
-
LeBron James to leave Lakers to play 24th NBA season
-
US stars relish soccer's primetime moment against Bosnia
-
Zverev wins in four sets to reach Wimbledon round two
-
Lampard extends Coventry stay after promotion to Premier League
-
Grimaldo realises goal of Atletico Madrid move from Leverkusen
-
Djokovic, Sinner aim to step up Wimbledon title chase
-
US Supreme Court lifts campaign spending restrictions ahead of midterms
-
Brook ready for "great honour" of succeeding Stokes as Test skipper
-
LeBron James to leave Lakers to play 24th NBA career
-
Taps run dry in Hungarian village as heatwave bites
-
Tens of millions swelter as heat wave blasts US
-
Venezuela quake survivors seek food, shelter amid risk of disease outbreaks
-
US Supreme Court rejects Trump bid to limit birthright citizenship
-
LeBron James to leave Lakers, continue NBA career - media reports
-
Gardner stars as Australia thrash the West Indies in Women's T20 World Cup semi-final
-
'Where is she?' The desperate search for Venezuela's missing
-
Former Barca teen star Fati seals permanent Monaco switch
-
No business as usual after shock World Cup exit, say German FA
ZTEST Electronics Inc. Announces Fiscal Q1 2026 Results
NORTH YORK, ON / ACCESS Newswire / December 1, 2025 / ZTEST Electronics Inc. ("ZTEST" or the "Company") (CSE:ZTE)(OTCID:ZTSTF) announces Q1 2026 revenues of $1,823,428, a decrease of 9.7% from Q1 2025. Though, the Company is very encouraged that the second fiscal quarter has started quite strongly, with orders for new boards increasing, providing solid indications that market confidence may be returning.
Financial Highlights | Three months ended | |||||
(in thousands of dollars, except per share amounts) | Sept 30 | Sept 30 | ||||
Revenue | 1,823 | 2,020 | ||||
Gross Margin | 778 | 921 | ||||
Gross Margin as a % of Revenue | 42.7 | % | 45.6 | % | ||
EBITDA | 404 | 519 | ||||
Net Income | 237 | 324 | ||||
Basic Net Income per share | 0.006 | 0.009 | ||||
Operating Cash Flow | 323 | 442 | ||||
As at | ||||
(in thousands of dollars) | Sept 30 | Sept 30 | ||
Cash | 4,268 | 3,259 | ||
Working Capital | 5,324 | 3,986 | ||
Long-term Debt | 39 | 105 | ||
Shareholders' Equity | 6,050 | 4,871 | ||
Steve Smith, CEO commented, "In the first quarter, inventory values rose almost 34% to $1.40 million, the highest inventory value since Q3 2024, a definitive indication of improving customer confidence.
We continue to lay a solid foundation, fully anticipating to capitalize on the recovering market, while also diligently assessing our overall business risks. This is clearly demonstrated through our continuous growth in cash, working capital, capital under management, and consistent and reliable gross margins."
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
O.Ortiz--AT