sur ZTEST Electronics Inc. (CVE:ZTE)
ZTEST Electronics Inc. Reports Fiscal 2025 Financial Results
ZTEST Electronics Inc. announced its fiscal 2025 results, with revenues reaching $8,319,302, a decline from the previous year's $9,756,044. Q4 2025 revenues were $2,113,637, marking the third successive quarter of modest growth compared to Q4 2024's $2,791,359. The gross margin for 2025 was 41.6% of revenue, showing slight improvement over 40.2% in 2024.
Net income for fiscal 2025 was $1,089,000, down from $1,753,000 in 2024. The company reported a net income per share of $0.030 compared to $0.058 the previous year. EBITDA decreased to $1,837,000 from $2,599,000 in 2024. Operating cash flow also saw a decline, recording $1,657,000 versus $2,280,000 in the prior year.
The company highlighted the market challenges faced, including a cyclical market decline and tariff threats. CEO Steve Smith noted cautious optimism for future growth as market confidence showed signs of recovery in late 2025.
Additionally, the re-election of board members and the re-appointment of Kreston GTA LLP as auditors were confirmed at the annual meeting.
R. E.
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