Delta, British Columbia--(Newsfile Corp. - November 27, 2025) - Fab-Form Industries Ltd. (TSXV: FBF) ("Fab-Form" or the "Company") today released its interim financial results for the quarter ended 30 September 2025.Financial HighlightsRevenue for the quarter increased slightly to $1,479,187 compared to $1,433,820 in the last quarter ended 30 September 2024, reflecting a modest 3.16% growth resulting from an increase in Fastfoot, Fast-Tube, Helix and Insulated Concrete Forms related ("ICF accessories") sal ...

Core Viewpoint - Fab-Form Industries Ltd. reported its audited financial results for the year ended June 30, 2025, amidst challenging macroeconomic conditions, highlighting a slight revenue increase and ongoing product innovation efforts [1][5]. Market Conditions - Macroeconomic conditions have deteriorated over the last year, impacting the overall housing market in Canada and the US, with housing starts at decade lows in key Canadian markets and multi-year lows in the US [2][5]. Financial Highlights - Revenue for the year increased slightly to $4,733,123, reflecting a modest 1.09% growth from $4,681,956 in the previous year [5]. - Gross profit remained stable at $1,595,257, with a gross margin of 34%, down from 36% the previous year due to higher sales of lower-margin products and US tariffs [5]. - Operating expenses increased significantly by 19.21%, driven by higher general and administrative expenses (+16.72%) and marketing costs (+26.82%) [5]. - Earnings from operations declined by 28.64% to $633,288, while net earnings fell by 29.16% to $546,764 [5]. - As of June 30, 2025, the company had cash and cash equivalents of $1,089,925 and total assets grew to $6,715,135, remaining debt-free with total liabilities of $814,108 [5]. Product and Market Update - Fab-Form continues to focus on its core product lines while advancing innovative solutions in concrete forming technology, including the Fast Tube® 2.0, which is being redesigned for full automation [2][4]. - Fast-Tube® Coated will be showcased at the Dubai Trade Show in November 2025 and the World of Concrete in January 2026 [3]. - Successful test pours of Fast-Tube in Nigeria were conducted in May 2025, with a dealer placing its first order under a private label in November 2025, indicating strong market potential in Africa [6]. Innovations and Developments - The company is developing Fast Tube® 3.0 in collaboration with Hagihara Industries to create a new uncoated fabric aimed at lowering elasticity [7]. - The KLiP, a new product designed to center the Fast-Tube on job sites, has completed prototype testing, with 20,000 units ordered for production [8]. - The Space-R® product has been designed to assist in the introduction of Fast Tube® into global markets, providing structural support for concrete applications [10][12].