Polished.com (POL)

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Polished.com (POL) - 2025 Q2 - Earnings Call Presentation
2025-08-15 07:30
Financial Performance Overview - The group experienced a decline in earnings, primarily due to weaker performance in the Swedish media houses and distribution operations[3,8] - Digital revenues increased, adjusted for currency effects, by 11.7%, while operating costs decreased by 0.5%[6] - Helthjem Netthandel contributed negatively to the earnings decline by MNOK 5[9] Digital Revenue and User Growth - Strong growth in digital user revenues was observed in both Norway and Sweden[7] - Digital advertising revenues also increased in both countries[7] - Revenues from purely digital products accounted for more than half of the media houses' total advertising and user revenues for the first time[7] Cost Management and Efficiency Measures - Measures implemented in 2023 and 2024 helped limit the group's underlying cost growth to 1%[7] - Further measures were implemented in the Swedish distribution business during the quarter, with savings expected from the third quarter of 2025[7] - A process was initiated to reduce staffing by approximately 60 full-time positions in the Swedish media houses, with savings expected from the fourth quarter of 2025[7] Distribution Performance - Distribution in Norway saw earnings growth driven by reduced costs and increased earnings contribution from Aktiv Norgesdistribusjon[37] - Distribution in Sweden experienced weak earnings development, with new measures implemented and expected to take effect from the next quarter[37] Stampen Media Initiatives - Measures in the distribution business of Stampen Media have been implemented, and further efficiency measures are being implemented in the media business, with an annual earnings effect of approximately MSEK 60[46] - The commenced staff reduction process is expected to result in annual cost savings of approximately MSEK 45[48] - Structural changes related to distribution geography and branch structure were implemented in the second quarter of 2025, with savings expected from the third quarter of 2025, resulting in an annual earnings effect of approximately MSEK 15[49] Financial Position and Cash Flow - The group paid out dividends of MNOK 1,095 in the quarter[52] - The group sold shares in FINN for MNOK 2,500, receiving payment in Vend shares[54]
Polymetals Resources (POL) 2025 Conference Transcript
2025-08-06 02:35
Summary of Polymetals Resources (POL) 2025 Conference Company Overview - Polymetals Resources is identified as Australia's newest silver and zinc producer, having recently commenced production from the Endeavour Silver zinc mine [1] - The company emphasizes a cost-efficient management and an owner-operator approach [1][2] Key Developments - Acquisition of the Endeavour Silver Zinc mine occurred twelve months prior, followed by securing financing and beginning redevelopment in November [3] - Mining production commenced in May, with mill commissioning starting in June and first cash flow received in July [4][12] Project Details - The Endeavour project has a polymetallic ore body of 50 million tonnes, with historical production of 92 million ounces of silver, 2.6 million tonnes of zinc, and 1.6 million tonnes of lead [7] - The project was previously placed on care and maintenance due to an uneconomic 100% silver streaming royalty, which was restructured to a 4% NSR, recovering approximately 25% of lost revenues [5] Production and Financial Performance - In July, the company generated $15.5 million in cash flow and has $22 million in the bank [14] - The company is currently operating at about 60% of its steady-state production, with plans to ramp up to full capacity by October [14][20] Exploration and Future Plans - Continuous drilling programs are in place to extend mine life and explore new areas, particularly targeting a southern extension of the main ore body [15][16] - The company plans to spend approximately $7.5 million annually on exploration, aiming to be Australia's lowest-cost zinc producer [21] Infrastructure and Operational Efficiency - The mine is fully developed and serviced, with a processing plant capable of handling 1.2 million tonnes [6][10] - The company has agreements in place to mill ore from nearby operations, enhancing operational efficiency [20] Management and Strategic Goals - The management team has a strong commitment to the project, having invested significantly in its success [2] - The company aims to optimize existing assets and potentially introduce a second project in the future [22] Conclusion - Polymetals Resources has made significant strides in bringing the Endeavour project back to production, with a focus on cost management, exploration, and operational efficiency [22][23]
Polymetals Resources (POL) 2025 Earnings Call Presentation
2025-08-06 01:35
Company Overview - Polymetals is an Australian silver and zinc producer focused on the Endeavor Silver Zinc Mine in the Cobar Basin, NSW[1, 4, 10, 11] - Board and management hold approximately 35% of the company, representing an investment of over $10 million[6] Endeavor Mine Operations & Resources - The Endeavor mine has a 1.2 million tonnes per annum (1.2Mtpa) processing capacity and significant existing infrastructure[15] - The mine has a remaining mineral resource of 16.3 million tonnes (16.3Mt) containing 44.2 million ounces (44.2Moz) of silver, 1.3 million tonnes (1.3Mt) of zinc and 0.73 million tonnes (0.73Mt) of lead[16, 17, 61] - Initial 10-year mine plan targets early silver cash flow, projecting 21.4 million ounces (21.4Moz) of contained silver, 400,000 tonnes of contained zinc, and 172,000 tonnes of contained lead[19] - The first 2 years of the mine plan are projected to generate $250 million EBITDA from 5 million ounces (5Moz) of silver production[19] Financial Performance & Exploration - Concentrate prepayments for July 2025 totaled $11.6 million, with $15.5 million in operating cash flow generated to the end of July 2025[35] - As of August 4, 2025, the company had A$22 million cash at bank and A$7 million available from a finance facility[35, 48] - The company has a $7.5 million annual exploration budget to extend mine life and discover new deposits[37] - Polymetals owns 1,107 square kilometers (1,107km²) of exploration licenses in the Northern Cobar Basin, offering potential for new discoveries[39]
Polished.com Acknowledges Recent Trading Activity
2023-12-21 03:00
BROOKLYN, N.Y.--(BUSINESS WIRE)--Polished.com Inc. (the "Company" or "Polished") (NYSE American: POL) today released the following statement regarding recent market activity in the Company's stock: In view of the unusual market activity in the Company's stock, the New York Stock Exchange contacted the Company in accordance with the NYSE's usual practice. The Company does not comment on market activity or rumors. However, the Company confirms that it is not aware of any undisclosed material change or develop ...
Polished.com (POL) - 2023 Q3 - Quarterly Report
2023-11-20 22:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File No. 001-39418 Polished.com Inc. (Exact name of registrant as specified in its charter) Delaware 83-3713938 ( ...
Polished.com (POL) - 2023 Q2 - Quarterly Report
2023-08-14 20:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: June 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File No. 001-39418 Polished.com Inc. (Exact name of registrant as specified in its charter) | Delaware | 83-3713938 | ...
Polished.com (POL) - 2022 Q4 - Annual Report
2023-07-31 21:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File No. 001-39418 Polished.com Inc. (Exact name of registrant as specified in its charter) | Delaware | 83-3713938 | | --- | --- | | ( ...
Polished.com (POL) - 2022 Q1 - Quarterly Report
2022-05-16 10:57
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period 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 ____________ Commission File No. 001-39418 1847 GOEDEKER INC. (Exact name of registrant as specified in its charter) Delaware 83-3713938 (Sta ...
Polished.com (POL) - 2021 Q4 - Annual Report
2022-03-31 10:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File No. 001-39418 1847 GOEDEKER INC. (Exact name of registrant as specified in its charter) | Delaware | 83-3713938 | | --- | --- | | ...
Polished.com (POL) - 2021 Q3 - Quarterly Report
2021-11-15 12:52
For the quarterly period ended: September 30, 2021 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10−Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _____________ Commission File Number: 001-39418 1847 GOEDEKER INC. (Exact name of registrant as specified in its charter) Delaware 83-371 ...