The South African protective equipment maker finished last year in the black, posting a profit of $3,263,922 against a $2,204,664 loss in 2024, as revenue soared 41% to $61,907,914 from $44,027,942. Gross margin expanded by 370 basis points to 44.0%, with logistical efficiencies more than offsetting headwinds from U.S. tariffs. Operating expenses grew by 12%, but dipped 960 b.p. to just 38.1% of the top line. In the final quarter, sales increased 43% to $16.02 million, ... Log in to view full article.
