ZTEST Electronics Inc. Announces Fiscal 2026 Q3 Results with 13.9% Year Over Year Revenue Growth
Rhea-AI Summary
ZTEST Electronics (CSE:ZTE, OTC:ZTSTF) reported fiscal 2026 Q3 revenue of $2.34 million, up 13.9% year over year, with net income of $376,288, up about 47%. Gross margin rose to $1.045 million from $833,000, and EBITDA reached $618,000.
Operating cash flow was $532,000 versus $392,000 a year earlier. As of March 31 2026, cash was $4.98 million, working capital $6.24 million, shareholders’ equity $6.99 million, and long-term debt reduced to $6,000. A new five-year facility lease extension begins April 1 2026.
Positive
- Q3 2026 revenue $2.34M, up 13.9% year over year
- Q3 net income $376K, up about 47% versus Q3 2025
- Gross margin $1.045M vs $833K, increasing by more than 25%
- Q3 EBITDA $618K vs $424K, showing higher operating profitability
- Operating cash flow $532K vs $392K, supporting stronger liquidity
- Cash $4.977M, working capital $6.238M, long-term debt reduced to $6K
- Shareholders’ equity increased to $6.99M from $5.55M year over year
- New five-year facility lease extension with payments below market rates
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
Enhancing the revenue growth, the Company also accomplished a notable gain of more than
The Company continues to generate positive cash flows from operations and has added
Net income for the quarter was
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: 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