Workflow
Nisun(NISN)
icon
Search documents
Nisun International to Report Full-Year 2024 Financial Results and Host Earnings Conference Call on Tuesday, April 29th, 2025
Prnewswire· 2025-04-28 13:15
SHANGHAI, April 28, 2025 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a technology- and industry-driven integrated supply chain solutions provider, today announced that it will report its audited financial results for the full year ended December 31, 2024, after the close of the market on Tuesday, April 29th, 2025, at 4:15 p.m. New York Time.The Company will host a conference call to discuss the financial results and provi ...
Nisun International Partners with Gold of China to Expand Gold Business, Targeting $30-$50 Million in Sales Growth from Venture in 2025
Prnewswire· 2025-02-19 14:15
Core Viewpoint - Nisun International has formed a strategic partnership with Gold of China to expand its gold business segment, aiming for projected sales of $30 to $50 million in 2025, capitalizing on rising gold prices and market demand [1][4]. Industry Overview - Gold has become a premier safe-haven asset, with prices reaching record highs in 2025, increasing nearly 11% year-to-date after a 27% rise in 2024, attracting global investor interest [2]. - The partnership aims to leverage the booming gold market, combining Nisun International's supply chain management with Gold of China's expertise in gold jewelry [3]. Company Strategy - The collaboration will create a comprehensive gold service platform, enhancing Nisun International's competitive edge and delivering high-quality products and services [3]. - Key initiatives include optimizing procurement processes for reliable gold sourcing, introducing innovative marketing strategies for retail, and expanding wholesale operations [7]. Management Insights - The CEO of Nisun International highlighted the transformative opportunity presented by the gold market's growth, emphasizing the potential for significant sales increases and value creation for stakeholders [4]. Market Reception and Future Plans - The strategic move into the gold industry has received positive market recognition, with plans to deepen collaboration with Gold of China and explore new opportunities for innovation [5].
Nisun International (NISN) Unveils Ambitious 2025 Business Forecast, Highlighting Significant Growth Opportunities Across Core Businesses
Prnewswire· 2025-02-10 14:15
Core Viewpoint - The company anticipates significant growth in 2025, projecting revenue between $420 million and $510 million and net profit between $16 million and $20 million, driven by strategic initiatives in supply chain financing, small and medium enterprise financing, and KFC franchise expansion [1][2]. Group 1: Supply Chain Financing Solutions - The supply chain financing solutions business is expected to grow by over 36% year-over-year, supported by strategic initiatives aimed at optimizing customer service and expanding business channels [4][3]. - The company has successfully attracted new customers, positioning itself for substantial growth in this sector [3]. Group 2: Small and Medium Enterprise Financing Solutions - The outlook for small and medium enterprise financing solutions remains optimistic, with expected growth of 20%-30% in 2025, bolstered by recent government stimulus policies that enhance market confidence [5][6]. - The company is well-positioned to capitalize on emerging opportunities and strengthen its market share in this area [6]. Group 3: KFC Franchise Expansion - The company's entry into the KFC franchise business is projected to significantly contribute to growth, with plans to add 50 KFC restaurants in the university market in 2025, potentially generating $30 million to $40 million in revenue [7][9]. - The average daily revenue for college KFC stores is estimated to be between $2,061 and $2,518, with a net profit margin of about 15% [9]. Group 4: Strategic Partnerships and Market Expansion - The company has entered into strategic partnerships, including a cooperation agreement for traditional Chinese medicine materials and a partnership in the rubber supply chain market, which will diversify its offerings [8]. - The company is also expanding its corn purchase and sales business, indicating a broadening of its supply chain capabilities [8]. Group 5: Overall Growth Outlook - The company expects overall performance to increase by 25%-50% year-over-year in 2025, driven by strong growth momentum across its core businesses [11]. - The CEO expressed confidence in the company's strategic initiatives and their potential to drive long-term growth and shareholder value [12].
Nisun International Announces Preliminary 2024 Financial Guidance and Strategic Business Updates
Prnewswire· 2025-01-24 14:15
Core Viewpoint - Nisun International anticipates a return to growth in 2025, supported by strategic decisions and a focus on enhancing shareholder value [1][6]. Preliminary 2024 Financial Guidance - The company expects revenues between USD 300 million and USD 350 million, with net income projected between USD 11 million and USD 15 million, and EPS anticipated in the range of USD 2.6 to USD 3.6 [7]. Strategic Review and Business Realignment - Following a comprehensive review, the company will reduce low-margin supply chain trading businesses to better allocate resources towards higher-return areas [3]. Focus on Supply Chain Financing Solutions - The company will concentrate on supply chain financing solutions, such as accounts receivable factoring, which offer higher margins and lower capital risk by leveraging third-party financing [4][5]. Expansion of KFC Business on College Campuses - The company plans to expand its KFC operations on college campuses, viewing this initiative as a potential growth driver alongside its core business lines [5]. Outlook and Confidence for 2025 - With strategic decisions and ongoing successes, the company expresses confidence in its ability to return to growth in 2025, emphasizing innovation and adaptability [6].
Nisun International Announces Additional Share Repurchases Under It's $15 Million Buyback Program
Prnewswire· 2024-12-17 14:15
SHANGHAI, Dec. 17, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd. ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, today announced additional share repurchases under its $15 million share buyback program, which was announced on October 9, 2024.   As of December 17, 2024, the Company has repurchased a total of 121,341 shares at an average price of $8.68 per share, for a total of $1.05 million ...
Nisun International Announces a $82 million Corn Supply Agreement
Prnewswire· 2024-12-02 14:15
SHANGHAI, Dec. 2, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd. ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry-driven integrated supply chain solutions provider, today announced a significant expansion into the agricultural supply chain with a strategic cooperation agreement with Henan Yingda Feng Agricultural Development Co., Ltd. ("Henan Yingda Feng"). The agreement, which involves the annual supply of 200,000 tons of corn products, is ...
Nisun International Acquires Minority Stake in Leading KFC Franchisee, Nanjing Pin Bai Sheng, to Drive Growth in Campus Catering and Strengthen Supply Chain Synergies
Prnewswire· 2024-11-11 14:15
SHANGHAI, Nov. 11, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, is pleased to announce its acquisition of a minority stake in Nanjing Pin Bai Sheng Catering Management Co., Ltd. ("Nanjing Pin Bai Sheng"), a prominent franchisee and partner in China's thriving food and beverage sector. This strategic investment aligns with Nisun International' ...
Nisun International Expands Fully into the Rubber Supply Chain Industry by Signing Supply Chain Contracts with an Initial Order of Approximately $13.5 Million
Prnewswire· 2024-11-05 14:15
SHANGHAI, Nov. 5, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd. ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry-driven integrated supply chain solutions provider, is pleased to announce the signing of strategic partnership agreements with Shandong Hi-Speed Qingdao West Coast Port Co., Ltd., Shanneng (Qingdao) Smart Industrial Technology Co., Ltd., and Ningbo Weiduoduo New Material Technology Co., Ltd. These agreements mark Nisun Internatio ...
Nisun International Announces An Initial Share Repurchases of Approximately $550,000 Under It's $15 Million Buyback Program
Prnewswire· 2024-10-25 13:15
SHANGHAI, Oct. 25, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd. ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, today announced that the Company has repurchased 39,112 shares of its stock at an average price of $14.1263 per share for total proceeds of $552,508 under its $15 million share buyback program, which was announced on October 9, 2024.  The repurchases of the Company's shares were ...
Nisun International Enters Strategic Partnership with Beijing Tong Ren Tang to Source Traditional Chinese Medicine Ingredients
Prnewswire· 2024-10-22 13:29
Core Insights - Nisun International has entered the traditional Chinese medicine (TCM) supply chain through a strategic partnership with Beijing Tong Ren Tang Henan, focusing on sourcing Cornus officinalis, a key TCM ingredient [1][2] - The partnership aims to ensure authenticity and quality in TCM products, capitalizing on the growing demand for verified health products in the health sector [2][3] - Nisun has initiated a $15 million share repurchase program, reflecting the company's confidence in its long-term growth and commitment to enhancing shareholder value [2][3] Company Overview - Nisun International is a technology-driven integrated supply chain solutions provider, focusing on transforming the corporate finance industry and offering professional solutions for supply chain management and digital transformation [4] - The company aims to strengthen industry-finance linkages and assist with supply-side sub-sector reform, serving both upstream and downstream of the industrial supply chain [4]