ZTEST Electronics Inc. Reports Record Nine-Month Financial Results

ZTEST Electronics Inc. (CSE:ZTE) has announced record revenue and net income for the nine-month period ending March 31, 2024. Revenue soared to $6,964,685, marking a 78% increase year over year. Net income reached $1,207,651, a remarkable improvement compared to a loss of $30,838 during the same period last year. EBITDA for the period was $1,729,060, a substantial rise of 794% from $193,399 as of March 31, 2023.

This marks the fifth consecutive quarter of revenue growth and profitable performance for the Company. Q3-2024 revenue was 64.6% higher than Q3-2023, pushing year-to-date revenues to 78.4% more than the first nine months of the prior fiscal year. The Company expects 2024 to be its third consecutive year of double-digit revenue growth.

Steve Smith, CEO of ZTEST, attributes this success to an expanding customer base and increasing order values. The Company's reputation for reliability and focus on customer service continue to attract and retain clients. Recent acquisitions of new equipment are expected to sustain and enhance this growth trend.