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NextPlat(NXPL) - 2025 Q4 - Annual Report
2026-03-31 20:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 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 number 001-40447 NEXTPLAT CORP (Exact name of registrant as specified in its charter) | Nevada | 65-0783722 | | --- | --- | | (Stat ...
Rank One Computing(ROC) - 2025 Q4 - Annual Report
2026-03-31 20:24
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, 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: 001-43137 RANK ONE COMPUTING CORPORATION (Exact Name of Registrant as Specified in its Charter) | Colorado | 47-3970528 | | ...
Valuence Merger I(VMCA) - 2025 Q4 - Annual Report
2026-03-31 20:23
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, 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 001-41304 VALUENCE MERGER CORP. I (Exact name of registrant as specified in its charter) | Cayman Islands | N/A | | --- | --- | | ...
Valuence Merger Corp. I(VMCAU) - 2025 Q4 - Annual Report
2026-03-31 20:23
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, 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 001-41304 VALUENCE MERGER CORP. I (Exact name of registrant as specified in its charter) | Cayman Islands | N/A | | --- | --- | | ...
PVH(PVH) - 2026 Q4 - Annual Report
2026-03-31 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended February 1, 2026 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE For the transition period from _________ to ___________ Commission File Number 001-07572 Delaware 13-1166910 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organizatio ...
RH(RH) - 2026 Q4 - Annual Results
2026-03-31 20:20
Financial Performance - GAAP Net Revenues for Q4 2025 increased by 3.7% to $843 million[4] - GAAP Net Income for Q4 2025 rose by 107% to $29 million[4] - Fiscal Year 2025 GAAP Net Revenues increased by 8.1% to $3.44 billion[5] - Fiscal Year 2025 GAAP Net Income increased by 72% to $125 million[5] - Net revenues for the three months ended January 31, 2026, were $842,623,000, representing a 3.0% increase from $812,406,000 in the same period of 2025[19] - Net income for the year ended January 31, 2026, was $124,787,000, a significant increase from $72,412,000 in 2025, resulting in a net income margin of 3.6%[19] - Net revenues for the year ended January 31, 2026, reached $3,439,536,000, compared to $3,180,753,000 in the previous year, representing an 8.1% increase[31] - Net income for Q4 2025 was $28,775 thousand, representing a significant increase of 106.3% compared to $13,917 thousand in Q4 2024[39] Cash Flow and Assets - Free Cash Flow for Q4 2025 was $55 million, and for Fiscal Year 2025 it was $252 million[4][5] - Cash and cash equivalents increased to $41,191,000 as of January 31, 2026, compared to $30,413,000 at the end of the previous year[21] - Total assets grew to $4,835,710,000 as of January 31, 2026, up from $4,554,689,000 in 2025[21] - Free cash flow for the year ended January 31, 2026, was $252,398,000, compared to a negative free cash flow of $(213,693,000) in 2025[23] Profitability Metrics - Gross profit for the year ended January 31, 2026, was $1,515,757,000, which is 44.1% of net revenues, compared to $1,414,932,000 or 44.5% in 2025[19] - Adjusted gross margin for the year ended January 31, 2026, was 44.2%, slightly down from 44.5% in the previous year[31] - The company reported a gross margin of 44.1% for the year ended January 31, 2026, compared to 44.5% in the previous year[31] - The operating margin for Q4 2025 improved to 11.5%, up from 8.7% in Q4 2024[37] - The EBITDA margin for Q4 2025 was 16.2%, compared to 12.2% in Q4 2024[39] Debt and Liabilities - Total debt as of January 31, 2026, is $2,419,065,000[44] - Total net debt is $2,377,874,000, resulting in a ratio of total net debt to adjusted EBITDA of 4.0[44][46] - The company incurred interest expenses of $225,378,000 for the year ended January 31, 2026, which is 6.5% of total revenues, compared to $230,601,000 or 7.2% in 2025[19] - The interest rate for Term loan B is 6.29% and for Term loan B-2 is 7.02%[44] - The asset-based credit facility has an interest rate of 5.30%[44] Future Projections - Fiscal Year 2026 revenue growth is projected to be between 4% to 8%[7] - Adjusted EBITDA Margin for Fiscal Year 2026 is expected to be between 14% to 16%[7] - First Quarter 2026 revenue growth is projected to decline by 2% to 4%[8] Operational Highlights - RH's 2-year revenue growth outpaced industry peers by 7 to 30 basis points, with RH at 15%[11] - The company plans to open Design Galleries in every major market, targeting revenues of $5 to $6 billion in North America[15] - Selling, general and administrative expenses for Q4 2025 were $264,878 thousand, a decrease of 9.4% from $292,468 thousand in Q4 2024[35] - Adjusted EBITDA for Q4 2025 was $149,141 thousand, an increase of 7.6% from $138,815 thousand in Q4 2024[39]
AgEagle(UAVS) - 2025 Q4 - Annual Results
2026-03-31 20:20
FORM 8-K WASHINGTON, D.C. 20549 (Exact Name of Registrant as Specified in Charter) Nevada 001-36492 88-0422242 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) UNITED STATES SECURITIES AND EXCHANGE COMMISSION CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): March 31, 2026 AGEAGLE AERIAL SYSTEMS INC. ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Ac ...
Edible Garden AG rporated(EDBL) - 2025 Q4 - Annual Results
2026-03-31 20:20
Financial Results - Edible Garden AG Incorporated reported preliminary financial results for the Christmas holiday period on January 6, 2026[4]. - The press release detailing financial results is included as Exhibit 99.1 in the current report[4]. Company Classification - The company is classified as an emerging growth company under the Securities Act of 1933[3].
Nano Dimension(NNDM) - 2025 Q4 - Annual Report
2026-03-31 20:19
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 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 No.: 001-37600 NANO DIMENSION LTD. (Exact name of registrant as specified in its charter) State of Israel 52-0029109 (State or other jurisdictio ...
Ternium(TX) - 2025 Q4 - Annual Report
2026-03-31 20:19
Economic and Market Conditions - In 2025, Mexico's apparent steel demand fell by approximately 10% year-over-year due to a downturn in economic activity and U.S. trade actions[36]. - The steel industry faces intense competition, which could lead to declining margins and lower sales for Ternium[45]. - Economic and political instability in Mexico, including high inflation and government intervention, poses risks to Ternium's operations and financial condition[124]. - In Argentina, consumer price inflation reached 211% in 2023, 118% in 2024, and 32% in 2025, significantly impacting Ternium's costs and financial position[139]. - The Brazilian economy has faced significant challenges, including inflation and political instability, which could adversely affect Ternium's business results and financial condition[150]. Trade and Regulatory Environment - The U.S. imposed a 25% tariff on steel imports in 2025, which could negatively impact demand for Ternium's products in Mexico[127]. - The unpredictability of U.S. trade measures is affecting market dynamics and could lead to a prolonged trade conflict, impacting Ternium's operations[131]. - Ternium's steel shipments in the U.S. have been adversely affected by U.S. tariffs on Mexican exports, leading to a 10% year-over-year decrease in Mexico's apparent steel demand in 2025[133]. - International trade actions and regulations pose risks to Ternium's sales and revenues, as increased duties on steel imports could raise production costs[162]. - The uncertainty surrounding trade agreements between the U.S. and Mexico could further weaken economic activity in Mexico, negatively impacting Ternium's business[134]. Supply Chain and Operational Risks - Supply chain disruptions, such as those experienced in 2023 in Argentina, negatively impacted manufacturing activity and steel demand[44]. - The company relies on a limited number of key suppliers for raw materials, with Ternium Argentina and Ternium Brasil primarily sourcing iron ore from Vale[51]. - Ternium's operations are exposed to foreign currency exchange rate fluctuations, which could adversely affect its financial results, especially since a significant portion of transactions is conducted in currencies other than the U.S. dollar[68]. - Ternium's mining activities are subject to risks including operational accidents, environmental pollution, and unexpected natural disasters, which could adversely affect profitability[88]. - Ternium's mining operations may face increased costs or delays due to changes in environmental regulations and diminished iron ore reserve grades[105]. Environmental and Regulatory Compliance - Environmental regulations and compliance costs are increasing, which may negatively impact Ternium's operations and financial condition[171]. - Ternium's steel production costs may be affected by government initiatives to reduce greenhouse gas emissions, including potential carbon taxes and cap-and-trade systems[183]. - The 2017 tax reform in Argentina introduced a tax on certain fossil fuels, expected to increase by 10% annually until 2028, potentially reaching around $10 per ton of CO2 equivalent emitted[186]. - Ternium is developing projects aimed at reducing carbon emission intensity, but these may face delays or higher-than-anticipated costs[182]. - The Corporate Sustainability Reporting Directive (CSRD) requires large listed companies to disclose information on their environmental, social, and governance impact, with amendments expected by March 19, 2027[180]. Strategic Investments and Growth - Ternium's business strategy includes significant investments and acquisitions, with a focus on expanding operations in Mexico, including a new steelmaking plant in Pesquería[52]. - Ternium's differentiation strategy includes investments in state-of-the-art technologies and expanding product research and development infrastructure[227]. - Ternium aims to strengthen its competitive position in Mexico to replace imports and better serve customers with a broader product portfolio[228]. - Ternium's strategy focuses on sophisticated value-added products and strategic growth opportunities to enhance stakeholder value[224]. - Ternium's acquisition of a participation in Usiminas in 2012 is still facing a longstanding conflict regarding certain regulatory requirements, which may lead to significant costs or deprive the company of expected synergies[55]. Financial Performance and Reporting - As of December 31, 2025, Ternium reported goodwill of $662 million related to its Mexican subsidiaries and $563 million in investments in non-consolidated companies, which are subject to impairment testing[59]. - In Q4 2025, Ternium recognized a $19 million impairment charge related to certain mining and fixed assets, and a $405 million write-down of Usiminas' deferred tax assets[60][61]. - Ternium Argentina's cash and cash equivalents amounted to $803 million as of December 31, 2025, primarily consisting of U.S. dollar-denominated sovereign bonds[145]. - Ternium is subject to complex tax regulations across multiple jurisdictions, which could adversely affect financial results due to potential double taxation and lengthy dispute resolutions[110]. - Ternium Argentina has faced restrictions on dividend payments due to local regulations, resorting to paying dividends in kind since 2022[116]. Community and Stakeholder Engagement - Ternium emphasizes health and safety, investing significantly in safety projects and training for employees and suppliers[197]. - Ternium has funded and manages two technical schools, providing advanced technical education and community programs focused on education[199]. - The company actively engages with stakeholders, including employees, customers, and local communities, to address concerns and share updates[206]. - Local community relations are critical, as disputes could lead to blockades or legal actions that disrupt mining activities[106]. - Ternium's operations in Mexico are vulnerable to water shortages and increased costs due to severe drought measures implemented by local governments[84].