Imaflex Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, revenue was CAD 18,943,000 against CAD 17,084,000 a year ago. Net income was CAD 161,000 against CAD 317,000 a year ago. Basic and diluted EPS was CAD 0.003 against CAD 0.006 a year ago. EBITDA was CAD 1,071,000 against CAD 1,158,000 a year ago.

For the year, revenue was CAD 73,513,000 against CAD 69,151,000 a year ago. Net income was CAD 408,000 against CAD 813,000 a year ago. Basic and diluted EPS was CAD 0.008 against CAD 0.016 a year ago. EBITDA was CAD 3,547,000 against CAD 3,805,000 a year ago.

As previously announced, the company expects 2017 revenues to grow by approximately 10% over 2016.