Shares surged 21.2% following a fiscal 2026 fourth quarter report that showcased significant demand growth from key accounts and new customer acquisitions, driving record full-year revenue and notable margin expansion.
- Revenue set a new company record for the full fiscal year, supported by strong orders from a longstanding key customer and new clients including Henshaw Group.
- Management highlighted solid operational improvements via increased automation and economies of scale, contributing to margin improvement and profitability gains.
- Production capacity is on track for phased expansion, with a planned 15% increase by end of 2026 and an additional 20-25% by mid-2027, supported by significant workforce growth.
- Facilities are fully booked through December 2026, reflecting healthy demand visibility and order momentum heading into fiscal 2027.
- Strategic partnerships with the Jordan Ministry of Labor continue to advance satellite factory projects aimed at boosting capacity and local employment.
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