ZenaTech Reports Nearly Double Revenue Year-Over-Year for the First Quarter of 2025
GlobeNewswire· 2025-05-15 11:30
VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces financial results for the first quarter 2025. First Quarter 2025 Highlights: "The first quarter of 2025 was a very strong and encouraging start to the year as revenue nearly doubled, up 92% primarily due to acquisitions and ...
Newton Golf Company Reports First Quarter 2025 Financial Results
GlobeNewswire· 2025-05-15 11:30
Revenue Surges 246% Year-Over-Year as Newton Motion Shaft Adoption Accelerates Across Major Tours CAMARILLO, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- via IBN – NEWTON GOLF Company (NASDAQ: NWTG) ("Newton Golf" or the "Company"), a technology-forward golf company delivering physics-based performance innovations for players at every level, today reported financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights Note: The Q1 2024 per-share figure reflects the pre-uplisting sha ...
Creative Realities to Participate in Ladenburg Thalmann Innovation Expo
GlobeNewswire· 2025-05-15 11:30
LOUISVILLE, Ky., May 15, 2025 (GLOBE NEWSWIRE) -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX), a leading provider of digital signage, media and AdTech solutions, today announced that it will participate in the Ladenburg Thalmann Innovation Expo 2025, at Convene, 101 Park Avenue, New York on Wednesday May 21. One-on-one meetings will be available for institutional investors, and a general presentation will be held at 1pm Eastern. To schedule a meeting with CRI, con ...
Base Carbon Reports First-Quarter 2025 Operating and Financial Results and Upcoming Investor Update Call
GlobeNewswire· 2025-05-15 11:30
TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. ("BCCPC", together, with affiliates, "Base Carbon", or the "Company"), is pleased to announce its first-quarter 2025 consolidated financial results and operational highlights. The Company will host an investor update call on Tuesday, May 27 at 11:00 a.m. Eastern Time, with registration instructions provided below. All financial refe ...
Century Fire Protection Expands Geographic Footprint to Western U.S.
GlobeNewswire· 2025-05-15 11:30
Acquires Utah-Based TST Fire Protection and Alliance Fire & Safety TORONTO, May 15, 2025 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX and NASDAQ: FSV) ("FirstService") announced today that its subsidiary, Century Fire Protection ("Century"), has recently acquired TST Fire Protection, Inc. ("TST") and Alliance Fire & Safety ("Alliance"), two related fire protection companies based in Utah. The leadership teams of both companies will continue to lead day-to-day operations and will retain minority equity ...
New FTI Consulting Survey Reveals Mounting Challenges Continue for U.S. Hospitals
GlobeNewswire· 2025-05-15 11:30
WASHINGTON, May 15, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced findings from its annual Hospital Operations Outlook Survey of more than 200 senior executives across all types of hospitals. The survey found rising costs, patient wait times, workforce challenges and persistent cybersecurity threats are among the top issues highlighted by hospital leaders. These issues — bundled with an increasingly complex operating environment shaped by regulatory changes, such as potential Med ...
Edible Garden Reports Q1 2025 Financial Results and Provides Strategic Update
GlobeNewswire· 2025-05-15 11:30
Non-Perishable Revenue Grows 15%; Gross Profit Nearly Quadruples Year-over-Year as Company Shifts Focus to Higher Margin, Shelf-Stable Offerings Strategic Product Mix Realignment Driving Operational Efficiency and Margin Expansion Conference Call to Be Held Today at 8:00 am ET. BELVIDERE, N.J., May 15, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic and sustainable pr ...
Change of Registered Office
GlobeNewswire· 2025-05-15 11:20
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 15 May 2025 Vast Resources plc(“Vast” or the “Company”)Change of Registered Office Vast Resources plc, the AIM quoted mining company, announces that its registered office has been changed from 60 Gracechurch Street, London EC3V 0HR, to c/o Arch Law Limited, Huckletree Bishopsgate, 8 Bishopsgate, London EC2N 4BQ with immediate effect. **ENDS** For further information, please visit the Company’s website at www.vastplc.com or contact: Vast Resourc ...
Havila Shipping ASA: First quarter 2025 accounts
GlobeNewswire· 2025-05-15 11:16
Core Viewpoint - The company is currently in a legal dispute with three banks regarding a restructuring agreement, which has been extended until December 31, 2025, while the company asserts that there has been no breach of contract [2]. Financial Performance - Freight revenues for Q1 2025 reached NOK 166.3 million, marking an increase of NOK 49.6 million year-over-year and NOK 18.3 million quarter-over-quarter [5]. - Operating expenses in Q1 2025 were NOK 91.0 million, up NOK 9.7 million from Q1 2024 and up NOK 3.3 million from the previous quarter [5]. - The company reported a profit before depreciation of NOK 81.6 million in Q1 2025, compared to NOK 44.8 million in Q1 2024 [5]. - Profit before tax for Q1 2025 was NOK 18.8 million, a significant increase from NOK 0.1 million in Q1 2024 [5]. Asset and Debt Management - As of March 31, 2025, total current assets were NOK 295.7 million, with bank deposits amounting to NOK 170.9 million [5]. - The book value of the fleet was NOK 1,186.4 million, and total long-term debt was NOK 546.5 million, which includes loans from Havila Finans AS [5]. - The nominal value of interest-bearing debt was NOK 644.2 million, while non-interest-bearing debt was NOK 610.7 million [5]. Fleet and Employment - The company operates 14 vessels, including 10 Platform Supply Vessels (PSVs) [6]. - In Q1 2025, the company employed 402 seamen and 12 administrative staff [6].
Microbix Reports Results for Q2 Fiscal 2025
GlobeNewswire· 2025-05-15 11:16
Core Insights - Microbix Biosystems Inc. reported Q2 and H1 fiscal 2025 results, showing a mixed performance with improved gross margins but a decline in overall revenues compared to the previous year [1][2][6]. Financial Performance - Q2 revenue was $5.3 million, a 5% decrease from $5.6 million in Q2 2024, with antigen revenues increasing by 5% to $4.3 million, while QAPs revenues fell by 38% to $864,320 due to delays in assay-development programs [3][10]. - H1 revenue totaled $11.4 million, a 19% decrease from $14.0 million in H1 2024, influenced by the absence of $4.1 million in Kinlytic licensing payments; excluding this, revenues increased by 14% [6][8]. - Gross margin for Q2 improved to 60% from 53% in the previous year, driven by better manufacturing efficiencies and pricing strategies [4][10]. - H1 gross margin was 61%, slightly down from 65% in H1 2024, but improved by 10% when excluding the impact of Kinlytic licensing revenues [7]. Operating Expenses and Income - Operating expenses in Q2 increased by 21% compared to Q2 2024, primarily due to higher investments in R&D and sales and marketing [4][10]. - Q2 net income was $20,664, a significant drop from $377,730 in Q2 2024, while H1 net income was $877,627 compared to $2.8 million in H1 2024, largely due to the absence of Kinlytic licensing fees [5][8]. Cash Position and Liquidity - Cash and equivalents at the end of Q2 stood at $14.5 million, an increase of $1.5 million from the previous quarter, despite debt repayments and share repurchases [5][10]. - The current ratio improved to 9.68, and the debt to equity ratio decreased to 0.27, indicating enhanced financial strength [9][10]. Business Outlook - Management expressed a cautious outlook for the second half of fiscal 2025, particularly for the Antigens business, due to reduced sales into China [2][11].