Core Insights - Topicus.com Inc. reported a total revenue of €372.0 million for Q2 2025, marking a 20% increase from €311.2 million in Q2 2024, with organic growth contributing 5% [4][8] - Net income for Q2 2025 rose to €41.5 million, a 54% increase from €26.9 million in the same quarter of 2024, translating to €0.31 per diluted share compared to €0.21 [5][8] - The company completed acquisitions totaling €210.3 million in cash consideration, with an estimated total consideration of €240.8 million including deferred payments [8] Financial Performance - Total revenue for the first half of 2025 reached €727.6 million, an 18% increase from €617.8 million in the first half of 2024 [4] - Net income for the first six months of 2025 was €111.6 million, up from €55.2 million in the same period of 2024, resulting in €0.85 per diluted share compared to €0.43 [5] - Cash flows from operations (CFO) for Q2 2025 were negative €14.9 million, a decrease from positive €8.8 million in Q2 2024, while CFO for the first half of 2025 increased to €256.5 million from €236.3 million [6][24] Cash Flow and Investments - Free cash flow available to shareholders (FCFA2S) was negative €16.7 million for Q2 2025, down from negative €3.8 million in Q2 2024, but increased to €145.0 million for the first half of 2025 from €130.1 million [7][10] - The company reported cash and cash equivalents of €249.3 million at the end of Q2 2025, compared to €233.7 million at the end of Q2 2024 [24] Acquisitions and Growth Strategy - Topicus completed acquisitions for a total cash consideration of €210.3 million, with deferred payments estimated at €30.5 million, indicating a strong focus on growth through acquisitions [8] - The company experienced organic growth of 5% and 4% for Q2 and the first half of 2025, respectively, highlighting the importance of both acquisitions and organic expansion in its growth strategy [4]

Core Insights - The company reported significant increases in net earnings for the second quarter of 2025, with net earnings reaching $21,479,000 compared to $3,159,000 in the same period of 2024, driven by unrealized gains on investments [11] - Basic and diluted earnings per share also saw a substantial rise to $0.88 in 2025 from $0.13 in 2024 [11] Financial Performance - For the three months ended June 30, 2025, operating revenue decreased by 1.0% to $61,560,000 from $62,183,000 in 2024, primarily due to a decline in revenue from Highland Gate home sales [7] - Direct operating expenses decreased by 10.8% to $47,326,000 for the same period, down from $53,049,000 in 2024, attributed to lower costs associated with Highland Gate home sales [7] - Net operating income for the Canadian golf club operations segment increased to $13,581,000 for the three months ended June 30, 2025, up from $10,361,000 in 2024, benefiting from the acquisition of Deer Creek and increased golf revenue [8] Segment Analysis - The company operates 47 18-hole equivalent championship golf courses and 2.5 academy courses across 35 locations in Canada and Florida [16] - The acquisition of Deer Creek, a significant golf and event complex, contributed to increased revenues in golf, corporate events, and food and beverage operations [6] Other Financial Metrics - Interest, net and investment income decreased by 17.5% to $2,321,000 for the three months ended June 30, 2025, down from $2,813,000 in 2024, due to reduced cash and interest income following the Deer Creek acquisition [9] - The company recorded an unrealized gain of $12,325,000 on its investment in marketable securities as of June 30, 2025, compared to a loss of $5,119,000 in 2024 [10] Dividend Announcement - The company announced an eligible cash dividend of 9 cents per common share, to be paid on September 15, 2025, to shareholders of record as of August 29, 2025 [14]

TORONTO, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV:LMN) announces financial results for the three and six months ended June 30, 2025. All amounts referred to in this press release are in US dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2025, and management’s discussion and analysis (“MD&A”) ...

Core Viewpoint - Opendoor Technologies Inc. has regained compliance with Nasdaq's minimum bid price requirement, allowing its common stock to remain listed on the Nasdaq Global Select Market [1][2]. Group 1: Compliance with Nasdaq Requirements - Opendoor's shares maintained a closing bid price of at least $1.00 for 12 consecutive business days from July 15, 2025, to July 30, 2025, thus fulfilling the requirement [2]. - Nasdaq has confirmed that the compliance issue is now resolved, and the matter is closed [2]. Group 2: Cancellation of Special Meeting - The Board of Directors has decided to cancel the Special Meeting of Stockholders scheduled for August 27, 2025, which was intended to discuss a discretionary reverse stock split [3]. - The cancellation is based on the determination that it is in the best interests of the Company and its stockholders, given the regained compliance with the minimum bid price requirement [3]. Group 3: Company Overview - Opendoor is a leading e-commerce platform for residential real estate transactions, aiming to simplify the process of buying and selling homes [4]. - Since its inception in 2014, Opendoor has been providing services across the U.S. and is focused on innovation and problem-solving in the real estate sector [4].

Enovix Warrants: 9 of 9 Trading Days Above $10.50FREMONT, Calif., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Enovix Corporation (Nasdaq: ENVX, ENVXW) (“Company” or “Enovix”), a leader in advanced silicon battery technology, today announced that the price of its common stock has exceeded $10.50 for nine trading days since the distribution of the warrants to purchase common stock (the “Warrants”), currently traded on Nasdaq under ENVXW. Today’s closing price for Enovix common stock was $10.71 per share, and the Warran ...

Intends to Combine Uniti and Windstream Debt Silos Shortly After Merger Closing LITTLE ROCK, Ark., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that it has successfully completed the previously announced merger of legacy Uniti Group Inc. (now known as Uniti Group LLC, “Legacy Uniti”) with New Windstream Merger Sub, LLC, and the merger of New Windstream, LLC (together with its subsidiaries, “Windstream”) with and into Windstream Parent, Inc. (su ...

HOUSTON, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of July 31, 2025. As of July 31, 2025, the Company’s net assets were $2.4 billion, and its net asset value per share was $13.93. As of July 31, 2025, the Company’s asset coverage ratio under the 1940 A ...

NORWELL, Mass., Aug. 01, 2025 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. (“DIH” or the “Company”) (NASDAQ:DHAI) received a notice on July 29, 2025, from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”), which stated that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not filed its Annual Report on Form 10-K for the period ended March 31, 2025 with the Securities and Exchange Commission (“SEC”). Nasdaq Listing Rule 5250(c)(1) requires listed compa ...

Singapore, Aug. 01, 2025 (GLOBE NEWSWIRE) -- WEBUY GLOBAL LTD (Nasdaq: WBUY) (“Webuy” or the “Company”), a technology-driven company transforming community e-commerce and travel across Southeast Asia, today announced the closing of its offering of 721,918 Class A ordinary shares and pre-funded warrants to purchase up to 100,000 Class A ordinary shares to certain institutional investors. The gross proceeds to the Company, before deducting placement agent fees and other offering expenses, were approximately ...

Toll Brothers at Ascension Las Vegas, NV FORT WASHINGTON, Pa., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, will broadcast live on its website, www.TollBrothers.com, a conference call to discuss results for its third quarter ended July 31, 2025. The call is scheduled for 8:30 a.m. (ET) on Wednesday, August 20, 2025 and will be hosted by Douglas C. Yearley, Jr., chairman and chief executive officer. The Company will announce its third qua ...