sur ZTEST Electronics Inc. (CVE:ZTE)
ZTEST Electronics Inc. Reports Fiscal 2026 Year-End Results
In its latest financial statement, ZTEST Electronics Inc. disclosed a revenue increase of 10.6% for the fiscal year ending June 30, 2026, reaching $9,199,804. The company's net income rose by 6.8% to $1,162,251 or $0.032 per share. Gross margin grew 14.8% to $3,967,638, with a percentage increase to 43.1%. EBITDA also saw a 7.8% increase, climbing to $1,981,055.
Fourth-quarter revenues reached $2,495,236, marking an 18.1% rise compared to the same period in fiscal 2025. However, fourth-quarter net income fell to $123,096 from $299,569, primarily due to a one-time retiring allowance of $260,000 for the former CEO.
The company ended the year with $5,464,705 in cash, a 33.1% increase. There were significant leadership changes with Dave Barnett appointed as CEO in August 2026. The financial outlook remains positive, focusing on organic growth and strategic opportunities.
R. E.
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