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Vow ASA: Record Q4 revenues and strategy revision concluded
Globenewswire· 2026-02-25 06:00
Core Insights - Vow ASA achieved record revenues and improved operational performance in Q4 2025, with a strategic focus on Maritime Solutions and Aftersales segments while adopting a selective approach in Industrial Solutions [1][2] Financial Performance - Revenues for Q4 2025 reached NOK 347.4 million, an increase of NOK 81.7 million compared to Q4 2024, driven by high activity in the cruise newbuild market and an increase in operational vessels [3] - Adjusted EBITDA for the quarter was NOK 15.8 million, slightly down from NOK 16.6 million in Q4 2024, with profitability improvements in Maritime Solutions and Aftersales offset by negative results in Industrial Solutions [5] - Total order backlog at year-end was approximately NOK 1.7 billion, providing visibility with confirmed contracts extending to 2034 [4] Strategic Developments - A comprehensive strategy revision was completed, leading to the appointment of leadership with defined P&L responsibilities and performance targets for each business segment [9][10] - The Group aims to strengthen its position in Maritime Solutions and Aftersales while pursuing a more cautious and selective approach in Industrial Solutions to balance risk and opportunities [2][10] Liquidity and Financial Management - The liquidity position improved significantly, with available liquidity at NOK 136.2 million at year-end, although fluctuations are expected in the coming quarters due to delivery timings and payment milestones [7] - Vow maintains a constructive dialogue with its financing partner, securing covenant waivers for the reporting periods and establishing a new covenant structure for future periods [8]
Navatar Launches AI-Powered CRM Operating Model On Salesforce for Alternative Asset Managers
Globenewswire· 2026-02-25 06:00
Core Insights - Alternative assets have transitioned from niche allocations to essential components of institutional and wealth portfolios, prompting managers to explore diverse strategies and channels as competition increases and limited partners (LPs) demand more transparency [1] Group 1: Industry Trends - Private markets managers are currently operating in siloed data environments, and to fully leverage AI, they need coherent operating models rather than isolated tools [2] - The demand for transparency and efficiency in alternative asset management is driving the need for advanced operating models that minimize manual work [1][2] Group 2: Navatar's AI-Powered Model - Navatar has developed an AI-powered CRM operating model that features a single AI Deal Engine, which integrates various functions such as sourcing, diligence, capital deployment, and investor engagement [3] - The AI continuously captures intelligence and maintains institutional context, automating workflows across the private markets lifecycle without relying on manual updates [3] Group 3: Functionality and Applications - Navatar's AI is designed to serve as a firm-wide intelligence layer for both multi-strategy platforms and focused managers, capturing signals from daily workflows and transforming them into actionable insights [4] - In the origination phase, the AI maps networks and identifies early signals, helping teams prioritize opportunities based on historical data [5] - The model extends to capital formation and investor relations, interpreting engagement across various channels and linking it to deal activity for improved fundraising precision [6] Group 4: Security and Compliance - The AI operating model is built to meet the confidentiality and regulatory requirements of alternative asset managers, ensuring client data remains secure and is not exposed to public AI models [7] - The platform includes safeguards to enhance accuracy, completeness, and traceability in critical decision-making processes [7] Group 5: Market Applications - Navatar's platform supports various sectors within private markets, including private equity, venture capital, private credit, and real estate, by providing insights that enhance decision-making and risk evaluation [8] - The AI facilitates connections between technical, operational, and market data, allowing teams to better assess value creation opportunities [8]
Vopak reports record financial results for 2025 and announces shareholder distributions program of around EUR 1.7 billion through year-end 2030
Globenewswire· 2026-02-25 06:00
Core Insights - Vopak reported record financial results for FY 2025, with net profit increasing by 61% to EUR 604 million and earnings per share (EPS) rising by 68% to EUR 5.23 [3][6] - The company announced a shareholder distribution program of approximately EUR 1.7 billion through year-end 2030, which includes a proposed dividend increase of 5% or more annually and a share buyback program of up to EUR 500 million [3][5] Financial Performance - Revenues for FY 2025 were EUR 1,299 million, slightly down from EUR 1,316 million in 2024, but a 1.2% increase when excluding negative currency translation effects [6][10] - Proportional operating free cash flow increased to EUR 823 million, resulting in a record cash flow per share of EUR 7.13, a 7% increase year-on-year [3][10] - Operating expenses rose to EUR 673 million in 2025, up from EUR 662 million in 2024, primarily due to higher development and maintenance costs [6][7] Growth and Investments - The company is well-positioned to achieve its goal of investing EUR 4 billion by 2030, with EUR 1.1 billion in growth commitments currently under construction in various countries [3][5] - Vopak's capital allocation strategy includes a focus on energy transition infrastructure, with EUR ~200 million in growth commitments underway in the Netherlands and Malaysia [2][3] Operational Metrics - The proportional occupancy rate for 2025 was 91%, reflecting strong demand for storage infrastructure, with Q4 occupancy improving to 92.4% [12] - Proportional EBITDA for FY 2025 increased to EUR 1,184 million, up from EUR 1,170 million in 2024, driven by growth contributions and a positive one-off item [10][12] Sustainability and Safety - The company maintained a steady performance in safety metrics, with a Total Injury Rate (TIR) of 0.23 and a Lost-time Injury Rate (LTIR) of 0.11 [4][5] - Total GHG emissions for FY 2025 were reported at 196.9 thousand metric tons, a decrease from 224.5 thousand metric tons in 2024 [4]
KALDVIK AS (KLDVK): Q4 2025 Quarterly Update
Globenewswire· 2026-02-25 06:00
Core Insights - Kaldvik AS reported an operating income of EUR 48.2 million in Q4 2025, an increase from EUR 46.8 million in the previous year [1] - The operating loss before fair value adjustment of biomass and production tax improved to EUR -10.6 million from EUR -17.5 million [1] - The total harvest for Q4 2025 was 7,943 tonnes, up from 6,668 tonnes in Q4 2024 [1] - For the full year 2025, total harvest reached 17,105 tonnes, compared to 14,965 tonnes in 2024 [1] - Kaldvik AS maintains its harvest guidance for 2026 at approximately 17,000 tonnes [1] Financial Reporting - Kaldvik AS publishes full financial statements semi-annually, including half-year and annual reports [2] Webcast Information - A webcast presentation of the Q4 2025 quarterly update is scheduled for 10:00 CET on 25 February 2026, featuring CEO Vidar Aspehaug and CFO Hjalti Hvítklett [3] - The webcast will include a Q&A session and can be accessed online [3]
Abbott Cooper PLLC Investigates Potential Breaches of Fiduciary Duty by MarketWise, Inc. Board of Directors
Globenewswire· 2026-02-25 04:48
Core Viewpoint - Abbott Cooper PLLC is investigating potential breaches of fiduciary duty by the Board of Directors of MarketWise, Inc. on behalf of the company's stockholders [1] Group 1 - The investigation focuses on whether the MarketWise Board of Directors has fulfilled its fiduciary obligations to stockholders, including its duty of loyalty [1]
Snail, Inc. 旗下独立发行品牌 Wandering Wizard 携《绿石守卫者》与《覆雪之上》亮相 Steam 新品节
Globenewswire· 2026-02-25 04:21
加利福尼亚州卡尔弗城, Feb. 25, 2026 (GLOBE NEWSWIRE) -- 全球领先的互动数字娱乐领域独立开发商与发行商 Snail, Inc. (Nasdaq:SNAL,以下简称 “Snail Games” 或“公司”) 宣布,其独立游戏发行分支 Wandering Wizard 将携即将推出的新作《绿石守卫者》(Stoneguard) 与《覆雪之上》(Above The Snow) 亮相 Steam 新品节 (Steam Next Fest)。 本次新品节于 2 月 23 日至 3 月 2 日举行,为新兴游戏作品提供了一个高曝光平台,助力其在全球 PC 游戏市场吸引玩家互动、拉长愿望清单,并在上线前积蓄势能。 中世纪生存策略游戏《绿石守卫者》近日宣布,其抢先体验版将于 2026 年 3 月 19 日登陆 Steam。 《绿石守卫者》将开放式沙盒生存机制与战术性基地防御玩法相结合,进一步拓展了 Snail 在中世纪游戏品类的布局。 在旗下作品《颂钟长鸣》(Bellwright) 的出色表现支撑下,Snail 在该品类中持续表现强劲。该作近期发布了《Maiden Voyage》更新,并参与了 ...
Bicara Therapeutics Announces Pricing of $150 Million Public Offering of Common Stock and Pre-Funded Warrants
Globenewswire· 2026-02-25 04:13
Core Viewpoint - Bicara Therapeutics Inc. has announced a public offering of 7,175,000 shares at $16.00 per share, aiming to raise approximately $150 million to support its clinical and commercial initiatives for ficerafusp alfa, a bifunctional therapy for solid tumors [1][2]. Group 1: Offering Details - The public offering includes pre-funded warrants for 2,200,000 shares at a price of $15.9999 each, with gross proceeds expected to be around $150 million before expenses [1]. - The offering is set to close on or about February 26, 2026, pending customary closing conditions [1]. - Underwriters have a 30-day option to purchase up to 1,406,250 additional shares at the public offering price [1]. Group 2: Use of Proceeds - Net proceeds will be used to enhance medical and commercial infrastructure for a planned regulatory filing and launch of ficerafusp alfa in the U.S. [2]. - Funds will also support the development of ficerafusp alfa in first-line recurrent/metastatic HPV-negative head and neck squamous cell carcinoma, including a less frequent dosing schedule [2]. - Additional uses include covering manufacturing costs for ongoing drug development and early signal-finding for future indication expansion [2]. Group 3: Company Overview - Bicara Therapeutics is focused on developing bifunctional therapies for solid tumors, with its lead program, ficerafusp alfa, designed to penetrate tumors by overcoming barriers in the tumor microenvironment [6]. - Ficerafusp alfa combines an EGFR-directed monoclonal antibody with a domain that binds to TGF-β, aiming to reverse the fibrotic and immune-excluded tumor microenvironment [6]. - The therapy is being developed for head and neck squamous cell carcinoma and other solid tumor types, addressing significant unmet medical needs [6].
Abbott Cooper PLLC Investigates Potential Breaches of Fiduciary Duty by Lee Enterprises, Incorporated Board of Directors
Globenewswire· 2026-02-25 04:12
Group 1 - Abbott Cooper PLLC is investigating potential breaches of fiduciary duty by the Board of Directors of Lee Enterprises, Incorporated on behalf of the company's stockholders [1] - The investigation focuses on whether the Lee Enterprises Board of Directors has fulfilled its fiduciary obligations to stockholders, including its duty of loyalty [1] Group 2 - Stockholders of Lee Enterprises who are interested in the investigation or their legal rights are encouraged to contact Abbott Cooper PLLC at no cost or obligation [2] - Abbott Cooper PLLC operates on a contingency fee basis, meaning there is no cost to stockholders unless a recovery is obtained [2]
Anti-Money Laundering Solution Market to Surpass USD 7.74 Billion by 2033, Driven by Rising Financial Crimes and Regulatory Compliance Pressure | SNS Insider
Globenewswire· 2026-02-25 04:00
Austin, Feb. 24, 2026 (GLOBE NEWSWIRE) -- The Anti-Money Laundering Solution Market size was valued at USD 2.07 billion in 2025 and is expected to reach USD 7.74 billion by 2033 and grow at a CAGR of 17.88% over the forecast period. The industry is expanding as a result of rising worldwide digital transactions, stricter regulatory and compliance requirements, and an increase in financial crimes. Financial institutions can identify suspicious activity, maintain compliance, and lessen the risk of financial cr ...
Intuitive Machines Announces Date for Fourth Quarter, Full-Year 2025 Financial Results, and Post-Lanteris Space Systems Acquisition Conference Call
Globenewswire· 2026-02-25 03:27
Core Viewpoint - Intuitive Machines, Inc. will release its financial results for Q4 and full-year 2025 on March 19, 2026, and will discuss growth opportunities following the acquisition of Lanteris Space Systems during a conference call [1]. Group 1: Financial Results Announcement - The financial results will be released before the market opens on March 19, 2026 [1]. - A conference call will be held on the same day at 8:30 am ET to discuss the results [1]. Group 2: Company Overview - Intuitive Machines is a leading space infrastructure company that builds spacecraft and operates infrastructure-as-a-service for various customers [3]. - The company has a proven track record, having built over 300 spacecraft and delivered over 260 kilograms of payload to the lunar surface [4]. - Intuitive Machines provides precision navigation expertise that has guided spacecraft across the solar system [4]. Group 3: Service Capabilities - The company offers an integrated Built-Connect-Operate infrastructure service, enabling customers to achieve mission outcomes through a single prime solution [5]. - Its technology is engineered to support the next century of opportunities in space [5].