Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$0.48 CAD
Change Today +0.03 / 6.67%
Volume 13.3K
IFX On Other Exchanges
Symbol
Exchange
Venture
As of 12:59 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

imaflex inc (IFX) Snapshot

Open
C$0.48
Previous Close
C$0.45
Day High
C$0.48
Day Low
C$0.48
52 Week High
12/3/14 - C$0.55
52 Week Low
09/17/14 - C$0.25
Market Cap
23.8M
Average Volume 10 Days
13.2K
EPS TTM
C$-0.0050
Shares Outstanding
49.6M
EX-Date
05/18/05
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for IMAFLEX INC (IFX)

Related News

No related news articles were found.

imaflex inc (IFX) Related Businessweek News

No Related Businessweek News Found

imaflex inc (IFX) Details

Imaflex Inc., together with its subsidiaries, develops, manufactures, and sells flexible packaging materials in Canada, the United States, and internationally. The company offers agricultural films to fruit and vegetable growers; and converter films, such as bread, heavy duty, laminating grade, master produce, compostable, shrink, and medium density films. It also provides industrial products, including garbage, compostable, and Gaylord bags; and metalized films for use in the packaging of food products, such as ground coffee, potato chip bags, and chocolate bar wrappers, as well as for use in the agriculture, insulation, and various other industries. Imaflex Inc. is headquartered in Montreal, Canada.

imaflex inc (IFX) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: C$158.3K
Corporate Controller
Total Annual Compensation: C$130.0K
Vice-President of Operations and Director
Total Annual Compensation: --
Vice President of Marketing and Innovation
Total Annual Compensation: C$200.0K
Compensation as of Fiscal Year 2014.

imaflex inc (IFX) Key Developments

Imaflex Inc. Commences Commercial Production of ADVASEAL HSM

Imaflex Inc. announced the startup of production for ADVASEAL HSM, the first commercially available plastic agricultural film for the controlled release of crop protection products worldwide. The underlying platform technology is patent protected and ADVASEAL HSM has received registration by the United States Environmental Protection Agency as an herbicide for the use in asparagus, cucumbers, cantaloupes, melons, pumpkins, squash and tomatoes. As an herbicide coated barrier film ADVASEAL HSM delivers a combination of efficacy, simplicity, and safety for the control of noxious weeds, especially broadleaves and nutsedges, as well as for emission prevention of volatile fumigants applied additionally. The initially produced volume is intended for product demonstrations in the fall season of 2015 to allow selected lead customers to verify the benefits of ADVASEAL HSM in a self-test.

Imaflex Inc. Announces Unaudited Consolidated Earnings Results for the Three Months Ended March 31, 2015; Provides Production Guidance for the Second Quarter of 2015

Imaflex Inc. announced unaudited consolidated earnings results for the three months ended March 31, 2015. For the period, the company reported sales of CAD 15,910,000 against CAD 14,423,000 a year ago. Loss before income taxes was CAD 73,000 against profit of CAD 33,000 a year ago. Loss was CAD 293,000 against CAD 57,000 a year ago. Basic & diluted loss per share was CAD 0.006 against CAD 0.001 a year ago. EBITDA was CAD 512,000 against CAD 476,000 a year ago. Sales increased by CAD 1,487,000 in the first quarter of 2015 compared to 2014, due to the increased volume of sales for certain products as a result of business development efforts in 2014 that continue to positively impact the top line. Part of the increase is also explained by the important appreciation of the USD, positively impacting sales denominated in USD. However, increased production capacity that is expected to be available in the second quarter of 2015 will lead to a more streamlined process for certain products and should generate increased production efficiency.

Imaflex Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Imaflex Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported sales of CAD 15,857,000 against CAD 13,866,000 a year ago. Profit before income taxes was CAD 611,000 against loss before income taxes of CAD 49,000 a year ago. Profit was CAD 231,000 against loss of CAD 184,000 a year ago. Basic and diluted earnings per share were CAD 0.005 against basic and diluted loss per share of CAD 0.004 per share a year ago. EBITDA was CAD 1,218,000 against CAD 397,000 a year ago. Sales increased mainly due to the increase in packaging film sales in both the US and the Canadian operations as well as the increase in sales of garbage bags. Net income increased in the fourth quarter of 2014 compared to 2013 mainly due to the improvement of the efficiency of the operations as well as a reduction of the administrative and selling expenses and the positive impact of foreign exchange movements. For the year, the company reported sales of CAD 60,861,000 against CAD 56,052,000 a year ago. Profit before income taxes was CAD 675,000 against CAD 676,000 a year ago. Loss was CAD 7,000 against profit of CAD 207,000 a year ago. Basic and diluted loss per share was CAD 0.0002 against basic and diluted earnings per share of CAD 0.005 per share a year ago. EBITDA was CAD 2,668,000 against CAD 2,332,000 a year ago. Sales increased mainly explained by the higher average selling price of film, due to the product mix sold and the appreciation of the USD against the CAD over the year. Over the year, net income decreased, mainly as a result of higher amortization of production equipment, selling and administrative expenses, finance costs and income taxes. The increase in these expenses was partially offset by the positive impact of foreign exchange movements.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IFX:CN C$0.48 CAD +0.03

IFX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for IFX.
View Industry Companies
 

Industry Analysis

IFX

Industry Average

Valuation IFX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact IMAFLEX INC, please visit www.imaflex.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.