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ZTEST Electronics Inc. Announces Fiscal 2026 Q2 Results With 19% Year Over Year Revenue Growth
ZTEST Electronics Inc. Announces Fiscal 2026 Q2 Results With 19% Year Over Year Revenue Growth
NORTH YORK, ON / ACCESS Newswire / February 27, 2026 / ZTEST Electronics Inc. ("ZTEST" or the "Company") (CSE:ZTE)(OTCID:ZTSTF) is pleased to announce Fiscal 2026 Q2 revenues of $2,481,516, an increase of 19% from the same period last year, with net income increasing over 104% to $425,913.
Financial Highlights | Three months ended | |||||
(in thousands of dollars, except per share amounts) | Dec 31 | Dec 31 | ||||
Revenue | 2,482 | 2,081 | ||||
Gross Margin | 1,080 | 830 | ||||
EBITDA | 661 | 400 | ||||
Net Income | 426 | 209 | ||||
Basic Net Income Per Share | 0.012 | 0.006 | ||||
Operating Cash Flow | 510 | 378 | ||||
As at | ||||
(in thousands of dollars) | Dec 31 | Dec 31 | ||
Cash | 4,415 | 3,679 | ||
Working Capital | 5,872 | 4,329 | ||
Long-Term Debt | 23 | 89 | ||
Shareholders' Equity | 6,532 | 5,179 | ||
CEO Steve Smith, commented, "While the electronics industry has been experiencing a cyclical slowdown, we have maintained our commitment to delivering top quality products and exceptional customer service. These efforts helped drive year-over-year revenue growth of more than 19% and the highest quarterly net income since June 30, 2024. We have also continued our growth of capital under management and consistently added to our strong liquidity position. We remain focused on building long-term shareholder value while keeping a disciplined approach to minimizing business risk."
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
(B.Ramirez--TAG)
