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iFabric Corp. # On Thursday , August 13 , 2026 at 6:30 AM ET iFabric Corp. Announces Record Revenues for Q2 and H1 2026 Record First Half : Revenue Nearly Triples to $ 37.1 Million MARKHAM , ON / ACCESS Newswire / August 13 , 2026 / iFabric Corp. ( TSX : IFA ) ( OTCQX : IFABF ) , a leader in innovative textile and performance - apparel technologies , today announced record revenue and earnings for the second quarter and six months ended June 30 , 2026 ( " Q2 & H1 " ) , marking the strongest six - month period in the Company's history , with both operating divisions achieving all - time highs . • H1 2026 revenue increased 188 % to a record $ 37,088,424 from H1 2025 , a $ 24,211,233 gain and the Company's strongest six - month performance to date , supported by record Q2 revenue of $ 9,585,729 , up 65 % year over year . • The Intelligent Fabrics ( IFTNA ) Division generated record H1 revenue of $ 29,937,618 , up 229 % from H1 2025 , driven by its first major scrubs and footwear programs . ⚫ The Coconut Grove Division delivered record H1 revenue of $ 7,150,806 , up 89 % from H1 2025 , led by the strong retail launch of the Company's own brand , Nudish • TM Strong balance sheet , with $ 25,486,793 million in cash and adjusted working capital of $ 45,184,032 , following successful capital raise . " These are the strongest results in iFabric's history . First - half revenue nearly tripled , both divisions achieved all - time records , and that growth translated into meaningful earnings . Our team executed exceptionally well , and we enter the second half with tremendous momentum , " stated Hylton Karon , President and CEO . " The Intelligent Fabrics Division is performing at the level we have worked toward for years . Our first major scrubs and footwear programs have been very well received by retail partners and show that our technology platform can support large , repeatable programs across North America . At Coconut Grove , Nudish has had a strong launch , reaching a younger consumer , expanding our product range , and removing the restrictions and royalties of the prior licence , " added Mr. Karon . Q2 2026 HIGHLIGHTS : TM • Q2 2026 revenue rose 65 % to a record $ 9,585,729 from $ 5,796,761 in Q2 2025 , an increase of $ 3,788,968 . Revenue was reduced by $ 650,000 for marketing support provided to customers , as required under International Financial Reporting Standards ( " IFRS " ) . • Intelligent Fabrics Division revenue increased 94 % to $ 6,337,371 in Q2 2026 from $ 3,262,885 in 2025 , primarily due to higher apparel sales in Canada and the U.S. from new programs launched in Q1 2026 , particularly the Division's first major scrubs and footwear programs . TM • Intimate Apparel Division revenue increased 28 % to $ 3,248,358 in Q2 2026 from $ 2,528,626 in 2025 , mainly driven by the launch of Nudish at major retailers after the prior MaidenformⓇ licence expired on December 31 , 2025. The new brand targets a younger demographic , broadens product opportunities , and eliminates prior licence restrictions and royalties . • Gross margin was 30 % in Q2 2026 compared with 37 % in 2025 , mainly due to product mix and approximately $ 650,000 of customer marketing support deducted from revenue under IFRS . Gross profit increased 33 % to $ 2,859,086 from $ 2,142,902 , reflecting higher revenue . • Selling , general and administrative costs rose 37 % to $ 3,098,022 in Q2 2026 from $ 2,254,551 in 2025 , reflecting higher variable selling costs , including royalties and commissions , as well as increased personnel , advertising , and travel costs to support future initiatives . • The Company recorded sundry income of $ 925,840 , net of fees , related to the recovery of U.S. tariffs previously paid on goods imported from China into the U.S. The claims have been processed and confirmed by U.S. Customs and Border Protection ( " CBP " ) . Approximately $ 710,000 has been received to date , with the remaining $ 215,000 expected in the following quarter .