YHN Acquisition I Ltd(YHNA) - 2025 Q2 - Quarterly Report
2025-07-31 10:02
Table of Contents 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, 2025 ☐ 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. 001-41134 YHN Acquisition I Limited (Exact name of registrant as specified in its charter) British Virgin Islands n/a (St ...
YHN Acquisition I Limited(YHNAU) - 2025 Q2 - Quarterly Report
2025-07-31 10:02
Table of Contents 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, 2025 ☐ 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. 001-41134 YHN Acquisition I Limited (Exact name of registrant as specified in its charter) British Virgin Islands n/a (St ...
Aurinia Pharmaceuticals(AUPH) - 2025 Q2 - Quarterly Results
2025-07-31 10:01
ROCKVILLE, Maryland and EDMONTON, Alberta – July 31, 2025 – Aurinia Pharmaceuticals Inc. (NASDAQ: AUPH) today announced financial results for the three and six months ended June 30, 2025. Exhibit 99.1 Aurinia Pharmaceuticals Reports Financial Results for the Three and Six Months Ended June 30, 2025 Financial Results Cash Position As of June 30, 2025, Aurinia had cash, cash equivalents, restricted cash and investments of $315.1 million, compared to $358.5 million at December 31, 2024. For the six months ende ...
Willis Towers Watson(WTW) - 2025 Q2 - Quarterly Results
2025-07-31 10:00
EXHIBIT 99.1 WTW Reports Second Quarter 2025 Earnings LONDON, July 31, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW) (the "Company"), a leading global advisory, broking and solutions company, today announced financial results for the second quarter ended June 30, 2025. "Our strong second quarter results demonstrate the meaningful progress we've made towards advancing our strategy, helping deliver solid topline results, along with margin and earnings growth," said Carl Hess, WTW's Chief Executive Officer. "I'm ...
GreenPower Motor Co(GP) - 2025 Q4 - Annual Report
2025-07-31 01:52
Washington, D.C. 20549 FORM 20-F UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the fiscal year ended March 31, 2025 Commission file number 333-236252 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) or 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ S ...
KBR(KBR) - 2025 Q2 - Quarterly Results
2025-07-31 01:00
Exhibit 99.1 KBR Reports Second Quarter Fiscal 2025 Results Second Quarter Fiscal 2025 Highlights (All comparisons against the second quarter fiscal 2024 unless noted.) Second Quarter YTD 2025 Highlights (All comparisons against the second quarter YTD fiscal 2024 unless noted.) Revising Fiscal Year 2025 Guidance • Revising previously provided outlook for the HomeSafe Alliance JV contract termination, reductions in EUCOM and logistics, and protest resolution delays. Updating Fiscal Year 2027 Financial Target ...
NEW ORIENTAL(EDU) - 2025 Q4 - Annual Results

2025-07-31 00:22
[Financial and Operating Highlights](index=1&type=section&id=Financial%20and%20Operating%20Highlights) [Q4 FY2025 Financial Highlights](index=1&type=section&id=Financial%20Highlights%20for%20the%20Fourth%20Fiscal%20Quarter%20Ended%20May%2031%2C%202025) In Q4 FY2025, New Oriental's net revenues grew 9.4% year-over-year to **$1.24 billion**, while GAAP operating loss was **$8.7 million** and net income decreased 73.7% to **$7.1 million**, contrasting with strong non-GAAP operating income and net income growth of 116.3% and 59.4% respectively Q4 FY2025 Key Financial Results (in thousands US$) | Indicator | 4Q FY2025 | 4Q FY2024 | % Change | | :--- | :--- | :--- | :--- | | Net revenues | 1,243,155 | 1,136,679 | 9.4% | | Operating (loss)/income | (8,674) | 10,527 | -182.4% | | Non-GAAP operating income | 81,678 | 37,769 | 116.3% | | Net income attributable to New Oriental | 7,100 | 26,972 | -73.7% | | Non-GAAP net income attributable to New Oriental | 98,083 | 61,539 | 59.4% | | Net income per ADS - diluted | 0.04 | 0.16 | -72.8% | | Non-GAAP net income per ADS - diluted | 0.61 | 0.37 | 66.9% | - Total net revenues, excluding the East Buy private label products and livestreaming business, increased by **18.7%** year-over-year to **US$1,088.5 million** for the fourth fiscal quarter of 2025[4](index=4&type=chunk) [FY2025 Financial Highlights](index=1&type=section&id=Financial%20Highlights%20for%20the%20Fiscal%20Year%20Ended%20May%2031%2C%202025) For the full fiscal year 2025, New Oriental achieved a **13.6%** increase in net revenues to **$4.9 billion**, with both GAAP and non-GAAP profitability metrics showing solid growth, including operating income rising **22.2%** to **$428.3 million** and net income increasing **20.1%** to **$371.7 million** FY2025 Key Financial Results (in thousands US$) | Indicator | FY2025 | FY2024 | % Change | | :--- | :--- | :--- | :--- | | Net revenues | 4,900,262 | 4,313,586 | 13.6% | | Operating income | 428,250 | 350,425 | 22.2% | | Non-GAAP operating income | 554,228 | 478,786 | 15.8% | | Net income attributable to New Oriental | 371,716 | 309,591 | 20.1% | | Non-GAAP net income attributable to New Oriental | 517,071 | 463,956 | 11.4% | | Net income per ADS - diluted | 2.28 | 1.85 | 23.3% | | Non-GAAP net income per ADS - diluted | 3.17 | 2.76 | 14.7% | [Operating Highlights & Management Commentary](index=2&type=section&id=Operating%20Highlights%20for%20the%20Fourth%20Fiscal%20Quarter%20Ended%20May%2031%2C%202025) Management highlighted strong growth in new educational initiatives, which grew **32.5%** YoY in Q4, while intensifying focus on core educational businesses, enhancing product quality, and integrating AI technology, including a new generation of AI-powered learning devices, leading to improved non-GAAP operating margin - The company's new educational business initiatives maintained strong momentum, with revenue growing **32.5%** year-over-year in Q4[6](index=6&type=chunk) - In Q4, non-academic tutoring courses attracted approximately **918,000** student enrollments, and the intelligent learning system had about **255,000** active paid users[6](index=6&type=chunk) - The company is focusing on its OMO (online-merge-offline) system and investing in AI technologies, recently launching a new AI-powered Intelligent Learning Device and a Smart Study Solution[6](index=6&type=chunk) - The non-GAAP operating margin for the core educational business (excluding East Buy) improved by **410 basis points** YoY for Q4 and **150 basis points** for the full fiscal year 2025[6](index=6&type=chunk) [Shareholder Returns](index=2&type=section&id=Shareholder%20Returns) [Previous Share Repurchase Program](index=2&type=section&id=Previous%20Share%20Repurchase%20Program) The company's share repurchase program, extended and increased to **$700 million**, expired on May 31, 2025, with approximately **14.5 million** ADSs repurchased for the full authorized amount - The Share Repurchase Program expired on May 31, 2025[7](index=7&type=chunk) - The company repurchased an aggregate of approximately **14.5 million** ADSs for approximately **US$700 million** under the program[7](index=7&type=chunk) [New Shareholder Return Plan](index=2&type=section&id=New%20Shareholder%20Return%20Plan) On July 29, 2025, the Board approved a new three-year shareholder return plan, effective from fiscal year 2026, committing to return at least **50%** of the preceding fiscal year's net income to shareholders through dividends and/or share repurchases - A new three-year shareholder return plan was approved, effective from fiscal year 2026[8](index=8&type=chunk) - The plan dedicates no less than **50%** of the preceding fiscal year's net income to be returned to shareholders via dividends and/or share repurchases[8](index=8&type=chunk) [Detailed Financial Analysis](index=2&type=section&id=Detailed%20Financial%20Analysis) [Q4 FY2025 Financial Performance](index=2&type=section&id=Financial%20Results%20for%20the%20Fourth%20Fiscal%20Quarter%20Ended%20May%2031%2C%202025) In Q4 FY2025, revenues rose **9.4%** to **$1.24 billion**, or **18.7%** excluding East Buy, driven by new educational initiatives, despite a GAAP operating loss of **$8.7 million** due to a **$60.3 million** goodwill impairment, while non-GAAP operating income surged **116.3%** to **$81.7 million**, supported by strong net operating cash inflow of **$399.1 million** and **$1.95 billion** in deferred revenue - Q4 net revenues were **US$1.24 billion**, a **9.4%** increase YoY, with revenues excluding East Buy at **US$1,088.5 million**, an **18.7%** increase YoY[10](index=10&type=chunk) - Q4 operating loss was **US$8.7 million**, compared to an income of **US$10.5 million** YoY, while non-GAAP operating income was **US$81.7 million**, a **116.3%** increase YoY[13](index=13&type=chunk) - Net operating cash inflow for Q4 was approximately **US$399.1 million**[17](index=17&type=chunk) - Deferred revenue at the end of Q4 was **US$1.95 billion**, an increase of **9.8%** YoY[19](index=19&type=chunk) [FY2025 Financial Performance](index=3&type=section&id=Financial%20Results%20for%20the%20Fiscal%20Year%20Ended%20May%2031%2C%202025) For the full fiscal year 2025, New Oriental reported a **13.6%** revenue increase to **$4.9 billion**, with operating income growing **22.2%** to **$428.3 million** and net income attributable to New Oriental rising **20.1%** to **$371.7 million**, despite a **$60.3 million** goodwill impairment charge - FY2025 net revenues were **$4.9 billion**, a **13.6%** increase YoY[20](index=20&type=chunk) - FY2025 operating income was **US$428.3 million**, a **22.2%** increase YoY, while non-GAAP operating income was **US$554.2 million**, a **15.8%** increase YoY[21](index=21&type=chunk) - A goodwill impairment of **US$60.3 million** was recorded in FY2025, compared to none in the prior year[22](index=22&type=chunk) - FY2025 net income attributable to New Oriental was **US$371.7 million**, a **20.1%** increase YoY, and non-GAAP net income was **US$517.1 million**, an **11.4%** increase YoY[24](index=24&type=chunk)[25](index=25&type=chunk) [Business Outlook](index=4&type=section&id=Outlook%20for%20the%20First%20Quarter%20and%20Full%20Year%20of%20FY2026) [Q1 FY2026 Outlook](index=4&type=section&id=Q1%20FY2026%20Outlook) For the first quarter of fiscal year 2026 (ending August 31, 2025), New Oriental projects total net revenues to be between **US$1.46 billion** and **US$1.51 billion**, representing a year-over-year growth rate of **2%** to **5%** Q1 FY2026 Revenue Outlook | Period | Revenue Range (US$ million) | YoY Growth (%) | | :--- | :--- | :--- | | Q1 FY2026 | 1,464.1 - 1,507.2 | 2% - 5% | [Full Year FY2026 Outlook](index=4&type=section&id=Full%20Year%20FY2026%20Outlook) Starting with this report, New Oriental will provide a full-year outlook, projecting total net revenues for fiscal year 2026 (ending May 31, 2026) to be in the range of **US$5.15 billion** to **US$5.39 billion**, corresponding to a year-over-year increase of **5%** to **10%** Full Year FY2026 Revenue Outlook | Period | Revenue Range (US$ million) | YoY Growth (%) | | :--- | :--- | :--- | | FY2026 | 5,145.3 - 5,390.3 | 5% - 10% | - The company is initiating full fiscal year guidance to better reflect long-term strategic priorities and the seasonal nature of the education industry[27](index=27&type=chunk) [Financial Statements](index=7&type=section&id=Financial%20Statements) [Condensed Consolidated Balance Sheets](index=7&type=section&id=NEW%20ORIENTAL%20EDUCATION%20%26%20TECHNOLOGY%20GROUP%20INC.%20CONDENSED%20CONSOLIDATED%20BALANCE%20SHEETS) As of May 31, 2025, New Oriental's balance sheet shows total assets of **$7.81 billion** and total liabilities of **$3.85 billion**, maintaining a strong liquidity position with cash, cash equivalents, term deposits, and short-term investments totaling approximately **$4.93 billion**, and total equity at **$3.95 billion** Balance Sheet Summary (As of May 31, 2025, in thousands USD) | Item | 2025 (Unaudited) | 2024 (Audited) | | :--- | :--- | :--- | | Total current assets | 5,187,702 | 5,388,878 | | Total assets | 7,805,499 | 7,531,673 | | Total current liabilities | 3,289,814 | 3,000,855 | | Total liabilities | 3,851,767 | 3,482,659 | | Total equity | 3,953,732 | 4,049,014 | [Condensed Consolidated Statements of Operations](index=8&type=section&id=NEW%20ORIENTAL%20EDUCATION%20%26%20TECHNOLOGY%20GROUP%20INC.%20CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20OPERATIONS) The statements of operations detail the company's financial performance for both the fourth quarter and the full fiscal year 2025, reporting a Q4 net income of **$7.1 million** on revenues of **$1.24 billion**, and a full-year net income of **$371.7 million** on revenues of **$4.9 billion**, showing a **20.1%** YoY growth in annual profit [Q4 FY2025 Statement of Operations](index=8&type=section&id=Q4%20FY2025%20Statement%20of%20Operations) For the three months ended May 31, 2025, New Oriental reported net revenues of **$1.24 billion**, an operating loss of **$8.7 million** (impacted by a **$60.3 million** goodwill impairment), and net income attributable to shareholders of **$7.1 million** Q4 FY2025 Statement of Operations (in thousands USD) | Item | 2025 (Unaudited) | 2024 (Unaudited) | | :--- | :--- | :--- | | Net revenues | 1,243,155 | 1,136,679 | | Total operating cost and expenses | 1,251,829 | 1,126,152 | | Operating (loss)/ income | (8,674) | 10,527 | | Net income attributable to New Oriental | 7,100 | 26,972 | [FY2025 Statement of Operations](index=12&type=section&id=FY2025%20Statement%20of%20Operations) For the fiscal year ended May 31, 2025, the company generated **$4.9 billion** in net revenues, leading to an operating income of **$428.3 million** and a net income attributable to shareholders of **$371.7 million**, a **20.1%** increase from the prior year FY2025 Statement of Operations (in thousands USD) | Item | 2025 (Unaudited) | 2024 (Unaudited) | | :--- | :--- | :--- | | Net revenues | 4,900,262 | 4,313,586 | | Total operating cost and expenses | 4,472,012 | 3,963,161 | | Operating income | 428,250 | 350,425 | | Net income attributable to New Oriental | 371,716 | 309,591 | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=NEW%20ORIENTAL%20EDUCATION%20%26%20TECHNOLOGY%20GROUP%20INC.%20CONDENSED%20CONSOLIDATED%20STATEMENTS%20OF%20CASH%20FLOWS) The cash flow statements show that for the full fiscal year 2025, New Oriental generated **$896.6 million** in net cash from operating activities, used **$93.4 million** in investing and **$585.0 million** in financing, resulting in a net increase in cash of **$228.0 million** [Q4 FY2025 Cash Flow](index=11&type=section&id=Q4%20FY2025%20Cash%20Flow) In the fourth quarter of fiscal 2025, the company generated **$399.1 million** in cash from operating activities, resulting in a net increase of **$227.9 million** in cash, cash equivalents, and restricted cash after accounting for investing and financing activities Q4 FY2025 Cash Flow Summary (in thousands USD) | Item | Q4 2025 (Unaudited) | Q4 2024 (Unaudited) | | :--- | :--- | :--- | | Net cash provided by operating activities | 399,122 | 376,835 | | Net cash used in investing activities | (88,292) | (864,010) | | Net cash used in financing activities | (98,477) | (109,230) | | Net change in cash, cash equivalents and restricted cash | 227,856 | (599,970) | [FY2025 Cash Flow](index=15&type=section&id=FY2025%20Cash%20Flow) For the full fiscal year 2025, net cash from operating activities was **$896.6 million**, with **$585.0 million** used in financing activities primarily for share repurchases, ending the period with a total cash and restricted cash balance of **$1.82 billion** FY2025 Cash Flow Summary (in thousands USD) | Item | FY2025 (Unaudited) | FY2024 (Unaudited) | | :--- | :--- | :--- | | Net cash provided by operating activities | 896,592 | 1,122,643 | | Net cash used in investing activities | (93,428) | (1,153,922) | | Net cash used in financing activities | (584,971) | (160,438) | | Net change in cash, cash equivalents and restricted cash | 228,029 | (216,323) | [Reconciliations of Non-GAAP Measures](index=9&type=section&id=NEW%20ORIENTAL%20EDUCATION%20%26%20TECHNOLOGY%20GROUP%20INC.%20RECONCILIATIONS%20OF%20NON-GAAP%20MEASURES%20TO%20THE%20MOST%20COMPARABLE%20GAAP%20MEASURES) This section provides detailed reconciliations between GAAP and non-GAAP financial measures for both Q4 and the full fiscal year 2025, clarifying how non-GAAP figures like operating income and net income are derived from their GAAP counterparts through adjustments including share-based compensation, amortization of intangible assets, and a significant **$60.3 million** goodwill impairment in Q4 Q4 FY2025 GAAP to Non-GAAP Reconciliation (in thousands USD) | Item | Amount | | :--- | :--- | | **Operating (loss)/ income (GAAP)** | **(8,674)** | | Share-based compensation expenses | 28,636 | | Amortization of intangible assets | 1,417 | | Impairment of goodwill | 60,299 | | **Non-GAAP operating income** | **81,678** | FY2025 GAAP to Non-GAAP Reconciliation (in thousands USD) | Item | Amount | | :--- | :--- | | **Operating income (GAAP)** | **428,250** | | Share-based compensation expenses | 59,933 | | Amortization of intangible assets | 5,746 | | Impairment of goodwill | 60,299 | | **Non-GAAP operating income** | **554,228** |
PG&E (PCG) - 2025 Q2 - Quarterly Report
2025-07-31 00:18
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, 2025 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 Exact Name of Registrant as Specified in its Charter State or Other Jurisdiction of Incorporation IRS Employer Identification Number 1-12609 PG&E Corporation California 94-3234914 1- ...
PG&E (PCG) - 2025 Q2 - Quarterly Results
2025-07-31 00:16
Investor Relations: invrel@pge-corp.com | Media: 415.973.5930 | www.pgecorp.com July 31, 2025 PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2025 OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results. Financial progress includes: Operational progress during the second quarter of 2025 continued to focus on physical safety and delivery of affordable and resilient energy. Pacific Gas and Electric Company (the Utility): "PG&E's story of progress c ...
Gold Resource (GORO) - 2025 Q2 - Quarterly Results
2025-07-31 00:11
Exhibit 99.1 NEWS - FOR IMMEDIATE RELEASE NYSE American: GORO July 30, 2025 Gold Resource Corporation Reports H1 2025 Drilling Results and Operational Improvements at the Don David Gold Mine DENVER – July 30, 2025 – Gold Resource Corporation (NYSE American: GORO) ("we," "us," "our" or the "Company") is pleased to report highlights to date from its 2025 underground drilling campaign and provide an operational update from the Company's Don David Gold Mine ("DDGM") in Oaxaca, Mexico. Highlights 2025 DRILLING S ...