Standard Uranium Executes Letter of Intent to Option Corvo Project in Eastern Athabasca BasinApril 07, 2025 7:00 AM EDT | Source: Standard Uranium Ltd.Vancouver, British Columbia--(Newsfile Corp. - April 7, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU0) ("Standard Uranium" or the "Company")  is pleased to announce that it has signed a letter of intent (the "LOI"), dated April 4, 2025, with Vital Battery Metals Inc. (CSE: VBAM) (OTCQB: VBAMF) (FSE: C0O) (the "Optionee"), ...

Core Viewpoint - Reed's, Inc. has reported its financial results for the fourth quarter and full year of 2024, highlighting both challenges and strategic advancements aimed at growth and profitability [1]. Financial Highlights Q4 2024 Financial Highlights - Net sales for Q4 2024 were $9.7 million, down from $11.7 million in Q4 2023, primarily due to short order shipments caused by inventory constraints [7][9]. - Gross profit increased significantly to $2.9 million from $0.5 million year-over-year, resulting in a gross margin of 30.0%, compared to 4.0% in the previous year [8][9]. - Delivery and handling costs decreased by 10% to $3.00 per case [10]. - Selling, general, and administrative expenses rose to $4.1 million from $3.0 million [10]. - The operating loss improved to $2.9 million from $5.0 million, with modified EBITDA at $(0.7) million compared to $43,000 in Q4 2023 [11][9]. FY 2024 Financial Highlights - For the full year 2024, net sales totaled $37.9 million, down from $44.7 million in 2023 [9]. - Gross profit increased by 18% to $11.4 million, with a gross margin of 30.0%, up 830 basis points from 21.7% [9]. - The operating loss for the year improved to $7.4 million from $9.4 million, with modified EBITDA at $(4.1) million compared to $(3.7) million in 2023 [9]. Management Commentary - The CEO expressed optimism about the company's progress in 2024, citing efforts to strengthen the balance sheet, streamline operations, and enhance efficiencies [4]. - A $10 million private placement was closed, alongside a new demand note and convertible debt restructuring, aimed at funding inventory, personnel, marketing, and international expansion [4]. - The company secured distribution gains across major retailers, including Kroger and Costco, for various products [4]. Leadership Changes - Douglas W. McCurdy was appointed as the new CFO, and Salvatore Vassallo was named Vice President of Operations, both expected to enhance efficiency and scalability [5]. Future Outlook - Reed's plans to launch a new multi-functional beverage line in April 2025, with over 8,000 points of distribution already secured [6]. - The company aims for meaningful growth and profitability in 2025, supported by a de-leveraged balance sheet and improved financial flexibility [6].

Core Viewpoint - Mama's Creations, Inc. is set to release its financial results for the fiscal fourth quarter and year ended January 31, 2025, on April 8, 2025, highlighting the company's growth and operational improvements in the deli prepared foods market [1][2]. Group 1: Financial Results and Conference Call - The financial results will be discussed in an investor conference call scheduled for April 8, 2025, at 4:30 p.m. Eastern time, where management will provide a corporate update and answer questions from participants [2][4]. - The company has shown meaningful improvements in gross margin during the fourth quarter, driven by strong consumer demand and successful sales strategies [3]. Group 2: Strategic Positioning and Future Plans - Mama's Creations has secured agreements to lock-in protein pricing at attractive rates, which, along with a domestic sourcing strategy, enhances pricing confidence and supply chain certainty [3]. - The company is well-positioned for potential acquisitions that complement its business, supported by ongoing operational improvements aimed at achieving sustainable profitability [4]. Group 3: Company Overview - Mama's Creations, Inc. is a leading marketer and manufacturer of fresh deli prepared foods, with products available in over 10,000 grocery and convenience stores across the nation [5]. - The company's vision is to become a one-stop-shop deli solutions platform, leveraging vertical integration and a diverse brand portfolio to meet modern consumer demands [5].

CORSICANA, Texas, March 20, 2025 (GLOBE NEWSWIRE) -- Birchtech Corp. (TSX: BCHT) (OTCQB: BCHT) ("Birchtech" or the "Company"), a leader in specialty activated carbon technologies for sustainable air and water treatment, today announced that it will release financial results for the fourth quarter ended December 31, 2024 after market close on Monday, March 31, 2025. Management will host an investor conference call at 5:00 p.m. Eastern time on Monday, March 31, 2025, to discuss Birchtech's fourth quarter 2024 ...

Shares of The Eastern Company (EML) have declined 3.8% since the company reported its earnings for the quarter ended Dec. 28, 2024. This compares to the S&P 500 index’s 0.4% growth over the same time frame. Over the past month, the stock has declined 8% compared with the S&P 500’s 8.2% decline.See the Zacks Earnings Calendar to stay ahead of market-making news.Eastern reported net income from continuing operations of 26 cents per share for the fourth quarter of 2024 compared with 63 cents per share in the p ...

BioHarvest Sciences to Host Fourth Quarter and Full Year 2024 Earnings Call on March 31 at 4:30 p.m. Eastern TimeMarch 17, 2025 8:30 AM EDT | Source: BioHarvest Sciences Inc.Rehovot, Israel--(Newsfile Corp. - March 17, 2025) - BioHarvest Sciences Inc. (NASDAQ: BHST) (FSE: 8MV0) ("BioHarvest" or the "Company"), a company pioneering its patented Botanical Synthesis technology platform, today announced that it will release financial results for the fourth quarter and full year ended December 31, ...

Core Viewpoint - Standard Uranium Ltd is advancing its exploration projects in the Eastern Athabasca Basin through geophysical surveys to de-risk and prepare them for drilling, creating opportunities for potential partners [1][3][11] Project Updates - The company has conducted significant geophysical work on three key projects: Atlantic, Rocas, and Corvo, focusing on making them drill-ready [1][3] - At the Atlantic project, initial drilling revealed promising results, including uranium mineralization and strong alteration [4] - Ground gravity surveys were completed at both Atlantic and Rocas to identify density anomalies associated with uranium mineralization [5][6] Exploration Techniques - The combination of ground gravity surveys and electromagnetic (EM) surveys is utilized to refine drill targets and identify the best drilling locations [6] - Airborne EM surveys were conducted at Corvo to upgrade the project and refine conductive corridors, enhancing its drill-readiness [7][8] Strategic Partnerships - The company aims to bring in partners to further advance its projects, while continuously evaluating land opportunities in the highly staked Athabasca Basin [9] - Over the past year, Standard Uranium has expanded its portfolio by more than 45,000 acres, including acquisitions and expansions at various projects [10] Value Addition - Cost-effective geophysical surveys are conducted to add value to projects, maintain project standing, and secure necessary permits, creating turnkey opportunities for new entrants or partners [11]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

The Eastern Company (NASDAQ:EML) Q4 2024 Earnings Conference Call March 12, 2025 11:00 AM ET Company Participants Marianne Barr - Treasurer Ryan Schroeder - CEO Nicholas Vlahos - CFO Conference Call Participants Ross Davisson - Banneton Capital Operator Good morning, everyone, and welcome to the Eastern Company Fourth Quarter Fiscal Year 2024 Earnings Call. [Operator Instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Marianne Barr, Treasurer of th ...

Financial Performance - Net sales for the year ended December 28, 2024, increased to $272.75 million, up from $258.86 million in 2023, representing a growth of approximately 5.3%[194] - Gross margin improved to $67.27 million in 2024, compared to $61.77 million in 2023, reflecting an increase of about 8.1%[194] - Operating profit rose to $20.15 million in 2024, up from $17.03 million in 2023, marking an increase of approximately 18.5%[194] - Net income from continuing operations for 2024 was $13.22 million, compared to $11.78 million in 2023, an increase of about 12.2%[196] - The company reported a net loss of $8.53 million for 2024, compared to a net income of $8.59 million in 2023, indicating a significant decline[196] Assets and Liabilities - Total assets decreased to $235.31 million in 2024 from $252.04 million in 2023, a reduction of approximately 6.6%[195] - Current liabilities increased to $44.79 million in 2024, compared to $42.73 million in 2023, reflecting a rise of about 4.8%[192] - The company’s retained earnings decreased to $133.55 million in 2024 from $144.81 million in 2023, a decline of about 7.8%[192] - Total liabilities included a treasury stock purchase of $3,057,841 in 2024, compared to $735,783 in 2023[202] Cash Flow - Cash and cash equivalents rose to $14.01 million in 2024, up from $8.05 million in 2023, representing an increase of approximately 74.1%[191] - Cash provided by operating activities decreased to $19,386,050 in 2024 from $25,543,857 in 2023, reflecting a decline of approximately 24%[202] - Total net cash used in investing activities increased to $7,888,050 in 2024 from $4,641,379 in 2023, indicating a rise of approximately 70%[202] Discontinued Operations - The company experienced a loss from discontinued operations amounting to $21,744,741 in 2024, significantly higher than the loss of $3,195,349 in 2023[213]. - The company reported a gross margin of $2,154,915 from discontinued operations in 2024, down from $3,180,838 in 2023[213]. - Total assets of discontinued operations decreased from $27,468,838 in December 30, 2023 to $5,071,828 in December 28, 2024, reflecting a significant reduction[214] Goodwill and Impairments - The company recognized a goodwill impairment of approximately $12.1 million in the third quarter of 2024 related to discontinued operations[232] - The Company reported a goodwill impairment charge of $12.1 million in 2024, reducing the ending balance of goodwill to $58.5 million[259] Pension and Retirement Plans - The net periodic benefit cost for the Company's pension benefit plans decreased to $1,492,140 in 2024 from $2,000,223 in 2023, representing a reduction of approximately 25.4%[291] - The benefit obligation for the Company's pension plans decreased to $75,916,060 in 2024 from $81,862,011 in 2023, a decline of about 7.3%[298] - The fair value of pension plan assets at the end of 2024 was $59,311,220, down from $60,836,643 in 2023, indicating a decrease of approximately 2.5%[298] Stock and Dividends - Cash dividends per share remained stable at $0.44 for both 2024 and 2023[196] - The Company granted 92,016 stock awards in 2024, up from 82,800 in 2023, showing an increase in employee incentives[269] - Regular matching contributions increased to $1,068,843 in 2024 from $990,993 in 2023, representing an increase of approximately 7.8%[313] Segment Performance - Net sales for the Engineered Solutions segment rose to $272,751,967 in 2024, up from $258,857,380 in 2023, reflecting an increase of approximately 5.4%[316] - Gross margin improved to $67,267,160 in 2024 compared to $61,772,306 in 2023, indicating a growth of about 8.1%[317] - Operating profit increased to $20,149,004 in 2024 from $17,033,224 in 2023, marking a rise of approximately 18.5%[317] Taxation - Total income taxes paid were $5,166,195 in 2024, down from $6,608,084 in 2023[278] - The provision for income taxes for 2024 was $(306,136), reflecting a 4% effective tax rate, compared to $2,406,940 and 22% in 2023[277] Future Plans - The Eastern Company plans to pursue acquisitions in industries outside its current operations if attractive opportunities arise[203] - The Company expects to make cash contributions of approximately $2,900,000 to its qualified pension plans in 2025[299]