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Martela Corporation’s Financial Statements 1 January – 31 December 2025
Globenewswire· 2026-02-25 06:00
Core Insights - Martela Corporation reported an increase in revenue for the year 2025, with total revenue reaching EUR 93.7 million, an 8.1% increase from EUR 86.7 million in 2024 [10][18]. - The operating result for the year was a loss of EUR -1.1 million, although there was a slight profit of EUR 0.1 million in the fourth quarter [11][12]. - The company anticipates a slight decrease in revenue for the full year 2026 but expects a comparable operating result to be profitable [4]. Financial Performance - For the fourth quarter of 2025, revenue was EUR 22.8 million, down 8.0% from EUR 24.7 million in the same period of 2024 [5][16]. - The operating result for the fourth quarter was EUR 0.1 million, a significant improvement from a loss of EUR -1.8 million in the previous year [9][12]. - The overall result before taxes for the year was EUR -3.2 million, compared to EUR -8.2 million in 2024 [19]. Market Conditions - The economic environment in the Nordic countries remained challenging throughout 2025, with weak demand impacting procurement decisions [8][15]. - Revenue growth was observed in Finland and other countries, while it decreased in Norway and remained stable in Sweden [10][18]. - The company faced intense competition, which continued to pressure margins [15]. Operational Insights - The improvement in operating results was attributed to higher revenue and cost reductions from efficiency measures implemented during the year [11]. - The company experienced a 12% decrease in total new orders during 2025 compared to the previous year, with unsatisfactory order intake in the second half of the year [10]. - Martela plans to focus on improving operational profitability and enhancing administrative cost efficiency in 2026 [13]. Future Outlook - The company is optimistic about the long-term future, citing positive customer feedback and a slight market recovery as encouraging signs for 2026 [14]. - Martela aims to enhance presence-based work environments to improve productivity, responding to the trend of increased remote work in Finland [14]. - The Board of Directors has proposed no dividend distribution for 2025, reflecting the company's focus on liquidity and operational improvements [24].
Bigbank AS Results for January 2026
Globenewswire· 2026-02-25 06:00
Core Insights - Bigbank experienced strong growth and solid profitability at the start of 2026, with significant increases in both loan and deposit portfolios [1][2] Loan Portfolio - The loan portfolio grew by 71 million euros in January, driven primarily by a 62 million euro increase in business loans and a 9 million euro increase in home loans, while consumer loans remained stable [1] - The credit quality of the loan portfolio remained strong, with expected credit losses decreasing to 1.0 million euros, down 0.7 million euros from the previous year, and non-performing exposures accounting for 4.3% of all loan receivables [4][9] Deposit Portfolio - The deposit portfolio saw a robust increase of 112 million euros in January, with savings deposits rising by 62 million euros, term deposits by 46 million euros, and current account balances by 5 million euros [2] Financial Performance - Net interest income for January reached 9.7 million euros, an increase of 1.2 million euros or 14% year-on-year, driven by the expansion of the loan portfolio [3][9] - Total net operating income was 10,529 thousand euros, reflecting a 13% increase compared to January 2025 [8] - Net profit for January was 3.8 million euros, up 0.8 million euros or 25% year-on-year, benefiting from increased net interest income and reduced expected credit losses [6][9] Operational Metrics - The bank employed 655 people at the end of January, with personnel expenses increasing by 0.8 million euros compared to the previous year [5] - The return on equity (ROE) for January was 15.1%, an increase of 1.7 percentage points from the previous year [10]
TextMagic AS 2025 12 months consolidated unaudited interim report
Globenewswire· 2026-02-25 06:00
Core Insights - The year 2025 for TextMagic Group was marked by strategic decisions aimed at enhancing performance and operational efficiency, including the sale of a business line and the liquidation of a subsidiary [1] Financial Performance - In 2025, TextMagic Group generated revenue of €13,549 thousand, a 7% decrease from €14,533 thousand in 2024, primarily due to unfavorable exchange rates [2] - The Group recorded an operating loss of €611 thousand in 2025, compared to an operating profit of €1,844 thousand in 2024, largely due to increased depreciation and amortization expenses [3] - EBITDA for 2025 was €4,902 thousand, down from €5,939 thousand in 2024, with an EBITDA margin of 36% compared to 41% in the previous year [4] - Cash flow from operating activities was €4,085 thousand in 2025, a decrease from €5,761 thousand in 2024, indicating continued strong cash generation capabilities [4][5] Structural Changes - The sale of Edicy OÜ, which operated the Voog website and e-commerce platform, was completed in September 2025 and is classified as a discontinued operation [5] - The Romanian subsidiary TM Marketing Ops SRL was closed in November 2025, with marketing activities to be centralized at the Estonian headquarters to reduce costs and improve efficiency [6] Workforce Adjustments - The TextMagic team was reduced to 43 employees by the end of 2025, down from 79 at the end of 2024, with significant reductions occurring late in the year [7] Future Objectives - For 2026, the Group aims to improve cash flow and profitability while focusing on revenue growth and cost efficiency [8] - A key focus for 2026 will be the transformation of the marketing strategy for the TextMagic platform, emphasizing operational messaging and compliance, with an aim to enhance customer satisfaction and marketing effectiveness [9]
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].