TORONTO, May 8, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, today announced that, on the morning of May 8, 2024, at 9:00 AM, at the conference center on the 1st floor of the Visionary Tower in Toronto, Visionary successfully hosted a global live news conference entitled "Visionary's Successful Transition from Tr ...

TORONTO, April 23, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, today announced on April 22, 2024, the Board appointed Mr. Zhong Chen as its new chief executive officer, effective immediately. Mr. Chen has over 27 years of experience in development, construction, and architectural management. He has been serving ...

TORONTO, April 4, 2024 /PRNewswire/ -- Visionary Holdings Inc. (the "Company") (NASDAQ: GV), a private education provider with technology of artificial intelligence and life science on the cutting edge, with subsidiaries in Canada and market partners in China, today announced the board of director changes, effective on March 22, 2024. The Company's board of directors (the "Board") elected Mr. Marc Kealey as the Company's Vice Chairman of the Board of Directors and a member of the Board. Mr. Kealey has serve ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ OR ☐ SHELL COMPANY REPORT PURSUANT TO SE ...

Exhibit 99.2 VISIONARY EDUCATION TECHNOLOGY HOLDINGS GROUP INC. MANAGEMENT'S DISCUSSION OF UNAUDITED FINANCIAL STATEMENTS You should read the following management's discussion and analysis of our financial condition and results of operations in conjunction with our unaudited condensed consolidated interim financial statements included with this report, as well as our audited consolidated financial statements as of, and for the years ended, March 31, 2022 and 2021, including the notes thereto, included in ou ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ OR ☐ SHELL COMPANY REP ...

Goldfield Corporation (NASDAQ:GV) Q3 2020 Earnings Conference Call November 5, 2020 10:00 AM ET Company Participants Kristine Walczak - Effective Corporate Communications Jason Spivey - Acting Co-CEO Steve Wherry - Senior VP, CFO, Treasurer, Assistant Secretary & Acting Co-CEO Conference Call Participants Sam Rebotsky - SER Asset Management Stephen Branstetter - ABL Investments James Devlin - Henley & Company Kurt Caramanidis - Carl M. Hennig Steve Emerson - Emerson Investment Group Operator Good day, ladie ...

Financial Data and Key Metrics Changes - Consolidated revenue for Q2 2020 was $47.8 million, an increase of $3.4 million, or 7.7%, compared to the same period last year [13] - Net income increased to $2.5 million, or $0.10 per share, for Q2 2020 from $819,000, or $0.03 per share, in Q2 2019 [19] - EBITDA for Q2 2020 improved 54.2% to $6.9 million, compared to $4.5 million for the same period in 2019 [21] - Total backlog at June 30, 2020, increased 109.2% to $417.3 million, compared to $199.5 million a year ago [22] Business Line Data and Key Metrics Changes - Electrical construction revenue in Q2 2020 was $46.7 million, an increase of $7.5 million, or 19%, from $39.2 million for the same period in 2019 [14] - Gross margin on electrical construction operations increased 420 basis points to 18.7% compared to 14.5% for the same period in 2019 [16] - Revenue from real estate development operations decreased to $1.1 million for Q2 2020 from $5.2 million in Q2 2019 [15] Market Data and Key Metrics Changes - Increased MSA project activity driven by a near record backlog, which is expected to provide strong opportunities during the second half of 2020 [11] - The company has seen an uptick in interest from investors and potential investors [36] Company Strategy and Development Direction - The company is focused on expanding service lines and pursuing new customers, particularly in Texas and surrounding regions [50][51] - Management is optimistic about maintaining profit margins in the mid to high teens over the long term [35] Management's Comments on Operating Environment and Future Outlook - Management noted that demand for services remained strong despite the challenging health and economic environment [9] - The company has not experienced material adverse impacts on workforce availability due to COVID-19 [12] - Management expressed confidence in the growth potential through new customers and expanded service lines [42] Other Important Information - The acting CEO, John Sottile, is currently hospitalized for a non-COVID related respiratory condition [8] - Total capital expenditures for the first half of 2020 were $9 million compared to $14.3 million in the same period last year [24] Q&A Session Summary Question: Are there any large contracts that you're bidding on? - Management indicated they are always open to pursuing contracts and are aware of rumors about large contracts but have not seen them yet [27] Question: Is there consideration for a name change to reflect the business type? - Management has considered this and will resend it to the board for further consideration [28] Question: What is the outlook for profit margins and backlog? - Management expects profit margins to maintain or improve and noted that the backlog is still significant compared to historical levels [34][41] Question: Can you provide an update on Texas growth? - Management confirmed that service line expansion in Texas has opened doors for new customers and they are pleased with the results [50] Question: Is there an increase in demand for substation installations? - Management noted an increase in demand for substations, especially in greenfield areas and regions with growing populations [72]

Goldfield Corp (NASDAQ:GV) Q1 2020 Earnings Conference Call May 7, 2020 10:00 AM ET Company Participants Kristine Walczak - Effective Corporate Communications John Sottile - Chairman, President & CEO Stephen Wherry - SVP, CFO, Treasurer & Assistant Secretary Conference Call Participants Sam Rebotsky - SER Asset Management Kurt Caramanidis - Carl M. Hennig, Inc. Operator Ladies and gentlemen, welcome to the Goldfield Corporation First Quarter 2020 Conference Call. [Operator Instructions]. I would now like to ...

Financial Data and Key Metrics Changes - The company reported record high electrical construction revenue of $44.1 million for Q4 2019, an increase of $7.4 million compared to Q4 2018, driven by improved operations [11][12] - Net income for Q4 2019 increased to $3 million or $0.12 per share, up from $664,000 or $0.03 per share in Q4 2018 [15] - EBITDA for Q4 2019 was $7.4 million compared to $3.3 million for the same period in 2018 [15] - Total backlog at December 31, 2019, increased by $61.9 million or 28.9% to $276 million compared to $214.5 million as of December 31, 2018 [16] Business Line Data and Key Metrics Changes - Electrical construction revenue in Q4 2019 was $44 million, a 20% increase from $36.7 million in Q4 2018, primarily due to growth in Texas Southwest and Southeast regions [12][14] - Gross margin on electrical construction operations increased to 22.2% in Q4 2019 from 13.4% in Q4 2018, attributed to favorable project closeouts in Texas [13] Market Data and Key Metrics Changes - The company experienced strong revenue growth across all regions in 2019, driven by new customer acquisition and increased demand from existing customers [8] - The backlog as of January 31, 2020, was approximately $502 million, reflecting newly executed Master Service Agreements (MSAs) [8][17] Company Strategy and Development Direction - The company is expanding its service lines in substation and distribution services and increasing its presence in Kentucky through additional MSAs [9][10] - Geographic expansion into states adjacent to Texas, including Oklahoma, Arkansas, and Louisiana, is part of the growth strategy [10][44] - The company aims to enhance its distribution presence and expand its customer base, with a focus on new MSAs and service line expansion [45] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning to build on recent successes and continue revenue growth [10] - The management cautioned investors to consider the company's performance on an annual basis due to potential quarterly fluctuations [32] - The company has developed plans to address potential impacts from the Coronavirus, emphasizing a lower likelihood of encountering the virus due to the nature of its operations [81] Other Important Information - The company reported an increase in selling, general, and administrative expenses due to higher accrued executive bonuses [14] - The company is actively considering share buybacks, weighing the best use of funds between buybacks, capital expenditures, and debt reduction [85] Q&A Session Summary Question: What was the profitability in the Texas and Southwest region? - Management confirmed that the Texas and Southwest region showed profitability in Q4 2019, with a revenue increase to $16.8 million from $13 million [21][25] Question: What is the timeframe for the $240 million backlog? - Management indicated that the backlog is expected to be completed over a period of three to five years [23][24] Question: Are there enough employees to handle current jobs? - Management confirmed that they currently have sufficient employees, although this may vary depending on other contractors' workloads [28] Question: What are the expected gross margins for new MSA work? - Management expressed hope that gross margins for new MSA work would be in the range of 16% to 19% [61] Question: Are there any large contracts being bid on? - Management confirmed that they are actively working on substantial contracts that may require public announcement if successful [76] Question: How is the company addressing the Coronavirus impact? - Management stated that they have developed plans to mitigate the impact of the Coronavirus, noting the dispersed nature of their work crews [81] Question: Is there consideration for a tender offer for share buybacks? - Management acknowledged that share buybacks are under consideration, but emphasized the need to evaluate the best use of company funds [85]