Imaflex Reports Q3 2025 Results; Provides Business Update

Company well positioned to leverage strengthening market fundamentals 

Q3 2025 Highlights

Revenues of $27.5 million, versus $28.4 million in 2024
Adjusted net income1 of $0.8 million, compared to $1.8 million in prior year
Adjusted EBITDA1 of $3.1 million (11.2% of sales), versus $3.3 million (11.7% of sales) in 2024
Solid liquidity with $23.9 million available at quarter end, including a cash balance of $11.9 million ($0.23 per share) and another $12.0 million under Imaflex’s revolving line of credit

MONTRÉAL, Nov. 27, 2025 /CNW/ – Imaflex Inc. (“Imaflex” or the “Corporation”) (TSXV:IFX) reports consolidated financial results for the third quarter (Q3) ended September 30, 2025 and provides a business update.  All amounts are in Canadian dollars.  

“Market conditions, including those in the flexible packaging industry, remained challenging through the first three quarters of 2025, driven by market softness, trade uncertainty, inflationary pressures, and a competitive operating environment,” said Stephan Yazedjian, President and Chief Executive Officer of Imaflex Inc.  Targeted pricing and product mix initiatives, combined with strong operational and cost discipline, helped stabilize top-line performance, although margins were affected.

During the third quarter of 2025, sales declined only modestly from 2024 and the Company remained profitable and financially well-positioned. Encouragingly, market fundamentals appear to be strengthening, and we are cautiously optimistic these positive trends will carry through the fourth quarter and into 2026.”

Consolidated Financial Highlights (unaudited) 

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