ZTEST Electronics Inc. Announces Fiscal 2026 Q2 Results With 19% Year Over Year Revenue Growth

Rhea-AI Summary

ZTEST Electronics (OTC:ZTSTF) reported Fiscal 2026 Q2 results on February 27, 2026, with revenues of $2,481,516 (up 19% year‑over‑year) and net income of $425,913 (up over 104%).

Quarterly tables show strong gross margin, EBITDA, operating cash flow, cash balance and shareholders' equity growth versus Dec 31, 2024.

Positive

• Revenue +19% year‑over‑year to $2,481,516
• Net income +104% to $425,913
• Operating cash flow increased from $378k to $510k
• Cash balance rose from $3,679k to $4,415k
• Shareholders' equity increased from $5,179k to $6,532k

Negative

• None.

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 2025				Dec 31 2024
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 2025				Dec 31 2024
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: steves@ztest.com

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

FAQ

What were ZTSTF fiscal 2026 Q2 revenue and net income figures?

ZTSTF reported Q2 revenue of $2,481,516 and net income of $425,913. According to the company, revenue rose 19% year‑over‑year and net income increased over 104%, marking the highest quarterly net income since June 30, 2024.

How did ZTSTF cash and working capital change in Q2 2026 compared to Q2 2025?

Cash increased to $4,415k and working capital to $5,872k as of Dec 31, 2025. According to the company, both metrics improved versus Dec 31, 2024, reflecting stronger liquidity and capital under management.

What operating metrics improved for ZTSTF in fiscal 2026 Q2?

Key improvements included gross margin, EBITDA, and operating cash flow growth in the quarter. According to the company, gross margin and EBITDA rose versus the prior year and operating cash flow increased to $510k from $378k.

Did ZTSTF reduce long‑term debt in Q2 2026 and by how much?

Long‑term debt declined to $23k as of Dec 31, 2025 from $89k the prior year. According to the company, this reduction contributed to a stronger balance sheet and higher shareholders' equity.

What did ZTSTF management say about industry conditions and company focus?

Management noted a cyclical slowdown in the electronics industry but emphasized continued focus on quality, customer service, liquidity, and disciplined risk management. According to the company, these efforts supported revenue and earnings growth during the quarter.