ZTEST Electronics Inc., headquartered in North York, Ontario, has announced its financial results for the second quarter of Fiscal Year 2026. The company reported revenues of $2,481,516, marking a robust year-over-year growth of 19% compared to the same period in the previous year. Additionally, ZTEST saw a significant increase in net income, which surged by over 104% to reach $425,913.
In the announcement, CEO Steve Smith acknowledged the cyclical slowdown affecting the broader electronics industry. Despite these challenges, Smith credited the company’s unwavering focus on high-quality products and exceptional customer service for driving their year-over-year growth. He highlighted that this fiscal quarter’s results represent the highest net income since June 30, 2024.
ZTEST Electronics' finances appear to be strengthening, with noteworthy improvements in cash reserves and a reduction in long-term debt. As of December 31, 2025, the company posted cash of $4,415,000, working capital of $5,872,000, and long-term debt reduced to $23,000.
ZTEST Electronics operates through its subsidiary, Permatech Electronics Corporation, providing a range of Electronic Manufacturing Services (EMS). These include PCB assembly, materials management, and testing services. Permatech's facility is ISO 9001:2015 certified and serves diverse markets, including medical, telecommunications, and consumer electronics.
It is important to note that ZTEST’s announcement contained forward-looking statements, which are subject to risks and uncertainties that could impact future performance. The company cautions investors that these statements reflect current expectations and may not guarantee future results.
ZTEST Electronics Inc. reported revenues of $2,481,516 for Fiscal 2026 Q2, representing a 19% increase compared to the same period last year.
The net income for ZTEST Electronics Inc. increased by over 104% in Fiscal 2026 Q2, reaching $425,913.
ZTEST Electronics Inc. has maintained its commitment to delivering high-quality products and exceptional customer service, which the CEO attributes to aiding revenue growth despite a cyclical slowdown in the electronics industry.
Permatech Electronics Corporation, a subsidiary of ZTEST, serves varied markets including Medical, Power, Computer, Telecommunications, Wireless, Industrial, Trucking, Wearables, and Consumer Electronics.
The forward-looking statements in the press release reflect management's current expectations but are cautioned to be subject to risks and uncertainties that could lead actual results to differ materially from those anticipated.
As of December 31, 2025, ZTEST reported long-term debt of $23,000 and shareholders' equity of $6,532,000.
Permatech operates from an ISO 9001:2015 certified facility in North York, Ontario, Canada, underscoring its commitment to quality management.
Investors can access ZTEST Electronics Inc.'s filings on SEDAR+ in Canada at www.sedarplus.com.