Mr. Steve Smith reports

ZTEST ELECTRONICS INC. ANNOUNCES FISCAL 2026 Q3 RESULTS WITH 13.9% YEAR OVER YEAR REVENUE GROWTH

Ztest Electronics Inc. had fiscal 2026 Q3 revenues of $2,339,624, an increase of 13.9 per cent from the same period last year, with net income increasing over 46 per cent to $376,288.

Enhancing the revenue growth, the company also accomplished a notable gain of more than 25 per cent in gross margins, climbing to $1,044,552 from $833,532 in Q3 2025.

The company continues to generate positive cash flows from operations and has added $1,230,110 (24.6 per cent) to working capital and $1,133,185 (19.3 per cent ) to capital under management since the start of the fiscal year.

Net income for the quarter was $376,288 and for the nine-month period was $1,039,155, representing improvements of almost 47 per cent and 32 per cent, respectively, when compared with March, 2025.

Chief executive officer Steve Smith commented: "We are pleased that the company has negotiated a new five-year lease extension, commencing April 1, 2026, realizing very favourable lease payments, relative to prevailing market rates. Management believes the facility provides sufficient capacity to accommodate significant future production growth, although there can be no assurance that such growth will occur, without imposing meaningful space constraints.

"We are encouraged by the continued momentum in our business, with strong year-over-year growth in revenue and earnings, demonstrating the strength of our customer relationships and the resilience of our operating model."

About Ztest Electronics Inc.

Ztest Electronics, through its wholly owned subsidiary, Permatech Electronics Corp., offers electronic manufacturing services (EMS) to a wide range of customers. Permatech's offering includes printed circuit board (PCB) assembly, materials management and testing services. Permatech operates from an ISO 9001:2015-certified facility in North York, Ont., Canada. Permatech is a contract assembler of complex circuit boards, serving customers in the medical, power, computer, telecommunications, wireless, industrial, trucking, wearables and consumer electronics markets. It specializes in servicing customers that are looking for high yield and require high quality and rapid turnaround on low- and mid-volume production of high-complexity products.

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