Earth Science Tech, Inc. Reports 61% Asset Growth to $7.69 Million and $8.7 Million in First Quarter Revenue Following Foundational Quarter of Strategic Acquisitions
Globenewswire· 2025-08-08 20:50
Core Insights - Earth Science Tech, Inc. (ETST) reported significant financial and operational developments for the first fiscal quarter ending June 30, 2025, highlighting a strategic shift towards maximizing the value of its current divisions after a period of acquisitions [1][2]. Financial Highlights - Total assets increased by 61% to $7.69 million as of June 30, 2025, compared to $4.77 million in the prior-year period [5]. - Revenue generated was $8.7 million as of June 30, 2025, up from $8.5 million in the prior-year period [5]. - The company reduced total common shares outstanding by 4.78% to 294,297,607 as of June 30, 2025, down from 309,067,711 shares in the prior-year period [5]. - Cash and cash equivalents reported at $0.88 million, a decrease from $1.38 million in the prior-year period due to capital deployment for acquisitions [5]. Strategic and Operational Updates - ETST executed its growth strategy by acquiring 100% of Las Villas Health Care, Inc. and DOConsultation, LLC, enhancing its healthcare offerings [5]. - The company secured 80% ownership of Magnefuse, LLC, and Alicat, LLC, expanding its direct-to-consumer brand portfolio [5]. - A new customer service center was established in Doral, FL, to centralize support operations across all divisions [5]. - The company joined the OTCID Tier on the OTC Markets, improving disclosure and transparency for investors [5]. - Mister Meds, LLC is now fully operational and actively dispensing in Texas, while Avenvi, LLC has commenced its first residential development project [5].
Edesa Biotech Posts Narrower Loss in Q3
The Motley Fool· 2025-08-08 20:49
Edesa Biotech (EDSA 1.44%), a clinical-stage biopharmaceutical company focused on developing treatments for inflammatory and immune-related diseases, released its fiscal third quarter results on August 8, 2025, covering the period ended June 30, 2025. The company reported a GAAP EPS loss of $(0.25), outperforming the $(0.26) consensus estimate by $0.01, or 3.8% (GAAP). Revenue (GAAP) remained at $0, matching expectations and consistent with its pre-commercial status. Operating expenses (GAAP) held steady ye ...
Calidi Loss Down 23 Percent in Fiscal Q2
The Motley Fool· 2025-08-08 20:45
Calidi Biotherapeutics (CLDI -13.02%), a biotechnology company developing stem cell-based and enveloped virus platforms for cancer therapy, released its second quarter 2025 results on August 8, 2025. The most notable news was a net loss attributable to common stockholders of $5.7 million (GAAP), or $(1.99) per share (GAAP), slightly worse than analyst expectations of $(1.92) per share (GAAP). Despite narrowing losses compared to the prior year and continued progress in its pipeline, the period highlighted p ...
Lument Finance Trust Reports Second Quarter 2025 Results
Prnewswire· 2025-08-08 20:45
Core Points - Lument Finance Trust, Inc. reported a GAAP net income of $2.5 million for Q2 2025, equating to $0.05 per share of common stock [1] - Distributable earnings for the same period were $2.8 million, also $0.05 per share of common stock [1] - The company will host a conference call on August 11, 2025, to discuss these financial results [2] Financial Performance - The reconciliation of GAAP to non-GAAP information shows net income attributable to common shareholders at $2,505,731, with adjustments leading to distributable earnings of $2,771,648 [10] - Distributable earnings are defined as GAAP net income adjusted for non-cash items and one-time events, providing a clearer picture of the company's operational performance [5][7] Company Overview - Lument Finance Trust focuses on investing in, financing, and managing a portfolio of commercial real estate debt investments, primarily in transitional floating rate commercial mortgage loans [11] - The company is externally managed by Lument Investment Management LLC [11]
Parks! America, Inc. Reports Third Quarter Fiscal Year 2025 Financial Results
Globenewswire· 2025-08-08 20:45
Core Viewpoint - Parks! America, Inc. reported its financial results for the third fiscal quarter ended June 29, 2025, highlighting a consolidated revenue of $3,475,920, which shows a slight increase from $3,448,744 in the same period of the previous year [1][3]. Financial Performance - Total revenues for Georgia Park were $1,999,462, down from $2,200,174 year-over-year [3]. - Missouri Park generated revenues of $656,191, a slight decrease from $675,283 [3]. - Texas Park saw an increase in revenues to $820,267 from $573,287 [3]. - Consolidated income before income taxes was $1,084,599, compared to $87,070 in the same quarter last year [3]. Segment Analysis - Georgia Park's income before income taxes was $988,670, down from $1,172,530 [3]. - Missouri Park's income before income taxes was $216,749, slightly down from $222,714 [3]. - Texas Park's income before income taxes increased to $333,531 from $107,086 [3]. - Corporate expenses totaled $(277,876), down from $(401,082) [3]. Asset Overview - As of June 29, 2025, total assets for Georgia Park were $7,618,521, an increase from $7,520,918 [4]. - Missouri Park's total assets decreased to $2,880,382 from $3,399,324 [4]. - Texas Park's total assets increased to $8,019,019 from $7,812,661 [4]. - Consolidated total assets were $18,590,070, down from $19,194,071 [4]. Cash and Investments - Total cash and short-term investments for Georgia Park were $1,277,036, down from $1,800,623 [4]. - Missouri Park's cash and short-term investments decreased to $488,063 from $870,918 [4]. - Texas Park's cash and short-term investments increased to $891,416 from $570,122 [4]. - Consolidated cash and short-term investments were $2,687,661, down from $3,324,368 [4]. Conference Call Information - The company will host a conference call on August 11, 2025, at 4:30 PM ET to discuss its financial results [5][6].
Amazon is wreaking havoc on the ad market, and The Trade Desk may be its latest victim
Business Insider· 2025-08-08 20:44
Core Viewpoint - The Trade Desk's shares fell nearly 40%, attributed mainly to competition from Amazon despite beating earnings expectations [1][4]. Company Analysis - The Trade Desk's CEO, Jeff Green, emphasized the company's role as a neutral advertising seller, contrasting it with Amazon's dual role as both an ad seller and a content provider [2][3]. - Analysts expressed skepticism regarding Green's optimistic view, highlighting the competitive landscape in connected TV advertising, particularly with Amazon's rapid growth in this sector [3][4]. - The Trade Desk's growth potential is constrained by its reliance on accessing ad inventory from other platforms like Netflix [4]. Industry Context - Amazon's advertising business is rapidly expanding, with significant growth in the TV ad market, making it a formidable competitor [6][12]. - Amazon's Prime Video is projected to dominate the advertising market on US-based smart TVs by 2027, surpassing YouTube [12]. - Concerns are rising about the overall growth of the connected TV advertising market, with indications of a deceleration in growth and increased competition from major players like Amazon and Google [13][14].
CoreWeave Q2 Preview: High Upside, Even Greater Downside
Seeking Alpha· 2025-08-08 20:42
Hi, I'm a dedicated Stock Analyst aiming to identify clear winners in the market. I'm here to help others make informed investment decisions by delivering clear, insightful, and easy-to-understand financial content. My work has been featured on several leading platforms, including Yahoo, MSN, Nasdaq, InvestorPlace, Barchart, and GuruFocus.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ne ...
Duolingo Q2: The Price Level I Load Up At (Rating Upgrade)
Seeking Alpha· 2025-08-08 20:40
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.When I last wrote about Duolingo (NASDAQ: DUOL ) in June, I reiterated my “hold” rating on the stock, as I believed that investor optimism on the stock had gotten far too extended with the stock price exceeding free cashAmrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for ...
FPL reaches agreement in principle with key stakeholders that would keep customer bills well below national average
Prnewswire· 2025-08-08 20:38
JUNO BEACH, Fla., Aug. 8, 2025 /PRNewswire/ -- Florida Power & Light Company and key stakeholder groups have reached an agreement in principle on a comprehensive four-year rate settlement that would keep customer bills well below the national average through the end of the decade.FPL and multiple intervenors filed a joint motion today asking the Florida Public Service Commission (PSC) to suspend technical hearings on FPL's original rates petition so that a settlement agreement can be finalized and filed wit ...
Netflix Bulls vs. Bears: Who Wins This Pullback?
MarketBeat· 2025-08-08 20:35
Core Viewpoint - Netflix's stock has experienced a decline of approximately 15% since early July, contrasting with the S&P 500's nearly 3% gain, raising concerns among investors about the company's performance in a strong tech rally [1] Group 1: Fundamental Strength - Netflix reported a nearly 16% year-over-year increase in revenue, with earnings per share exceeding consensus expectations [2] - The management provided optimistic revenue and EPS guidance, indicating strong performance that Wall Street typically favors [3] - The advertising segment is growing faster than anticipated, contributing positively to the company's overall performance [3] - The company's operating margin reached a record high of 34%, supported by effective content cost management [4] - Netflix continues to innovate and add subscribers rapidly, making the recent stock price drop a potential entry point for investors [5] Group 2: Analyst Support - Analyst sentiment remains overwhelmingly positive, with a 12-month stock price forecast averaging $1,297.66, indicating a potential upside of 7.10% [7] - Analysts from Bank of America and others have reiterated positive views, with some raising price targets significantly, such as Robert Baird's target of $1,500 and Wells Fargo's target of $1,560 [8] - The current stock price suggests a potential upside of over 30%, with analysts believing that Netflix could soon reach all-time highs [9] Group 3: Valuation Concerns - Despite strong analyst support, some analysts, like those from Phillip Securities, have raised concerns about valuation, citing a P/E ratio nearing 60 compared to 40 a year ago [10][11] - Phillip Securities has downgraded its rating to Strong Sell, suggesting that a larger correction may be necessary for the stock to reach a healthier valuation, with a price target of $950 indicating a potential further decline of around 20% [12] - Recent stock movements show strong demand, with a 2.7% rise indicating buyer interest, but caution remains as the stock needs to hold above $1,150 to avoid bearish momentum [13]