Imaflex Inc.

Imaflex Inc.

IFX.V
Imaflex Inc.CA flagToronto Stock Exchange Ventures
2.34
CAD
- -
- -
121.89MMarket Cap
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
1.11
1.28
1.38
1.4
1.48
1.78
1.73
1.62
1.73
2.12
2.16
1.8
2.11
2.07
Basic EPS, GAAP
-0.01
- -
- -
0.02
0.01
0.08
0.07
0.03
0.13
0.17
0.18
0.01
0.14
0.03
Free Cash Flow per Basic Share
0.03
0.01
-0.06
-0.03
0.05
0.02
-0.05
0.09
0.21
0.11
0.05
-0.15
0.23
0.21
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.33
0.35
0.38
0.37
0.38
0.45
0.52
0.55
0.68
0.85
1.01
1.02
1.16
1.17
Tangible Book Value per Share
0.33
0.35
0.38
0.38
0.39
0.46
0.54
0.57
0.69
0.85
1.02
1.03
1.2
1.2
Basic Weighted Avg Shares
42
44
44
50
50
50
50
50
50
51
52
52
52
52
Sales/Revenue/Turnover
47
56
61
69
74
88
86
81
87
107
112
94
110
108
Operating Margin (%)
1.14
1.3
0.66
1.3
2.61
7.82
4.95
4.82
10.86
9.73
8.93
3.17
7.08
4.57
Depreciation Expense
1
1
1
2
2
2
2
3
4
4
4
5
5
6
Net Income, GAAP
-1
- -
- -
1
- -
4
4
2
6
8
9
1
7
1
Effective Tax Rate (%)
- -
69.39
101.1
46.56
59.07
26.93
29.38
30.62
22.68
14.62
17.34
37.45
13.36
34.98
Profit Margin (%)
-1.2
0.37
-0.01
1.18
0.56
4.26
4.11
1.89
7.32
7.78
8.18
0.54
6.79
1.24
Working Capital
2
- -
5
5
6
9
11
10
17
24
20
14
23
25
LT Debt
2
- -
5
5
4
3
4
9
7
4
3
5
8
6
Total Equity
15
16
18
20
21
24
28
30
36
45
55
56
65
65
Return on Invested Capital (%)
- -
0.9
-0.02
1.56
2.45
15.31
7.81
6.18
15.96
17.84
14.16
2.89
9.51
4.38
Return on Capital (%)
- -
1.4
-0.05
3.82
2.07
13.3
10.77
4.86
15.48
18.15
16.88
1.42
12.08
2.43
Return on Common Equity (%)
-5.62
1.41
-0.05
4.65
2.2
18.23
14.58
5.73
20.72
21.81
19.23
0.97
13.18
2.22

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
7
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
52
Market Capitalization
64
68
61

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
41
40
42
Cash, Cash Equivalents & STI
8
11
12
Accounts Receivable, Net
19
15
15
Inventories
13
13
13
Total Current Liabilities
17
16
16
Payables & Accruals
15
14
14
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.92%
17.19%
15.77%
Free Cash Flow
-161.3%
-119.64%
-258.8%
Net Income, GAAP
-869.14%
325.25%
1,366.39%
Sales/Revenue/Turnover
6.77%
7.19%
17.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
23
24
23
23
94
2024
27
29
28
25
110
2025
29
26
27
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.02
0.01
- -
- -
0.01
2024
0.04
0.07
0.03
- -
0.14
2025
0.01
- -
0.01
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Stephan Yazedjian
Full Time Employees
269
Sector
Consumer Cyclical
Industry
Packaging & Containers
Address
5710 Notre-Dame Street West Montreal QC Canada H4C 1V2
IPO Date
Jun 3, 1998
Business
Imaflex Inc. (TSX-V: IFX) develops, manufactures and sells flexible polyethylene packaging materials and films primarily for the agriculture and industrial packaging sectors; its core products encompass metallized plastic films, custom polyethylene films and bags sold to converters and end-users, agricultural films including mulch, solarization, fumigation, compostable and crop protection variants under brands such as Can-Shine Heat Trap, Shine N’ Ripe, Shine N’ Ripe XL and ADVASEAL HSM, as well as industrial bags comprising garbage, compostable, gaylord and bags on rolls produced with recycled content. The company, founded in 1994 and headquartered in Montreal, Quebec, Canada, operates three manufacturing facilities, including two in Quebec—at Montreal (Imaflex Inc.) and Victoriaville (Canguard and Canslit)—and one in Thomasville, North Carolina, USA (Imaflex USA), serving customers in Canada, the United States and international markets through these sites focused on blown polyethylene, metallization and bag production. Recent developments include robust financial performance with fiscal 2024 revenues reaching $109.9 million, up 17.4% from 2023, driven by higher-margin product sales and operational efficiencies despite market challenges, alongside a Q1 2025 cybersecurity incident prompting infrastructure upgrades and security enhancements, and ongoing pursuit of US Environmental Protection Agency approval for its ADVASEAL fumigant barrier film while maintaining strong liquidity of $23.9 million as of Q3 2025 end.