DEFSEC Technologies Inc. (formerly KWESST Micro Systems Inc.) Reports Continued Growth in Fiscal Q3 2025
Newsfile· 2025-08-13 10:30
DEFSEC Technologies Inc. (formerly KWESST Micro Systems Inc.) Reports Continued Growth in Fiscal Q3 2025August 13, 2025 6:30 AM EDT | Source: DEFSEC Technologies Inc.Revenue growth: +278% Year-over-year +330% Q3 2025 over Q3 2024Gross margin growth: +388% Year-over-year +879% Q3 2025 over Q3 2024Accelerated backlog delivery and reduced lead-time for the ARWEN® line of businessCash balance increases by $2.3 million over Fiscal 2024 year end (excluding subsequently completed public offering with ...
NACCO INDUSTRIES TO PARTICIPATE IN THE 16th ANNUAL MIDWEST IDEAS INVESTOR CONFERENCE
Prnewswire· 2025-08-13 10:30
CLEVELAND, Aug. 13, 2025 /PRNewswire/ -- NACCO Industries® (NYSE:NC) announced today that the Company will participate in the 16th Annual Midwest Ideas Investor Conference to be held on August 26-27, 2025, at The InterContinental in Chicago, IL. Company participants will be J.C. Butler, Chief Executive Officer and Elizabeth Loveman, Senior Vice President and Controller.The Company's presentation is scheduled for Tuesday, August 26, 2025, at 3:00 pm Eastern Time/ 2:00 pm Central Time. The presentation will b ...
Shineco Establishes Biological Cell Digital Division to Integrate Biological Cell Assets and Blockchain Technology
Prnewswire· 2025-08-13 10:30
BEIJING, Aug. 13, 2025 /PRNewswire/ -- Shineco Inc. ("Shineco" or the "Company"; NASDAQ: SISI), a manufacturer of induced pluripotent stem cell (iPSC) technology platforms, today announced the establishment of a Biological Cell Digital Business Division (the "Division"), and the appointment of Mr. Lin Hongguang as General Manager, to advance the integration of its biological cell assets and blockchain technology. Through a new architecture of blockchain-based cell assets, Shineco aims to build a vertical ec ...
Bayridge Announces Proposed Share Consolidation
Newsfile· 2025-08-13 10:30
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2025) - Bayridge Resources Corp. (CSE: BYRG) (OTCQB: BYRRF) (FSE: O0K) (the "Company" or "Bayridge") announces that its board of directors ("Board") has approved a share consolidation on a ten (10) for one (1) basis (the "Consolidation"). The Company currently has 73,422,979 common shares (the "Shares") issued and outstanding; following completion of the Consolidation, and subject to rounding, the Company will have approximately 7,342,297 Shares iss ...
Farmmi USA Inc. Signs Lease for A New Warehouse in New Jersey
Prnewswire· 2025-08-13 10:30
LISHUI, China, Aug. 13, 2025 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI) today announced that its U.S. subsidiary, Farmmi USA Inc., has signed a lease agreement for a new warehouse located at 3 Montgomery Way, Robbinsville, New Jersey. The new warehouse spans approximately 183,000 square feet and will bring Farmmi USA Inc.'s total warehousing footprint in the U.S. to 640,000 square feet. The Company expects to take delivery of the leased premises by the later of September 1, 2025 ...
Partnering to Scale: Akamai and Aptum Team Up to Help Customers Move Faster in the Cloud
Prnewswire· 2025-08-13 10:30
Core Insights - Akamai Technologies has announced a partnership with Aptum to enhance cloud services and infrastructure solutions for businesses [1][4] - The collaboration aims to support cloud migration, transformation initiatives, and cost reduction for SMB and enterprise customers [2][3] Company Overview - Aptum is a managed hybrid cloud services provider with over 25 years of experience, focusing on tailored infrastructure design, consulting, and managed services [6] - Akamai is a leading cybersecurity and cloud computing company known for its performance, security, and reliability in safeguarding enterprise data and applications [7] Partnership Benefits - The partnership will enable Aptum to offer day 0–2 services to customers utilizing Akamai Cloud, enhancing the overall cloud experience [1] - Both companies are investing in technology services distributors (TSDs) to create new opportunities for sub-agents, allowing for more comprehensive cloud solutions [4] Strategic Goals - The collaboration is designed to help businesses focus on growth while ensuring their infrastructure is managed effectively [3] - Aptum's vendor-agnostic approach allows for flexible cloud decisions, catering to businesses at various stages of cloud maturity [3]
Purepoint Uranium Announces $3 Million Charity Flow-Through Private Placement
Newsfile· 2025-08-13 10:30
Toronto, Ontario--(Newsfile Corp. - August 13, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced a non-brokered private placement (the "Offering") for aggregate gross proceeds of up to $3,000,000 from the sale of a combination of the following:Saskatchewan flow-through units of the Company (each, a "SFT Unit") at a price of $0.65 per SFT Unit with each SFT Unit consisting of one common share of the Company to be issued on a "flow through" basis pursuan ...
Happy Belly Food Group's Heal Wellness Secures Real-Estate Location in Downtown Oakville, Ontario
Newsfile· 2025-08-13 10:30
Toronto, Ontario--(Newsfile Corp. - August 13, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands across Canada is pleased to announce that its Heal Wellness brand has secured a real estate location in downtown Oakville, Ontario, with plans to open the 8th corporate store for the brand. Heal Wellness ("Heal") is a fresh smoothie bowls, acai bowls, and smoothies quick serve restaurant ("QSR").Happy Belly 1To ...
MEG Energy: Repurchase Program, Low Debt, Growth, And Lower Costs Will Pave The Way
Seeking Alpha· 2025-08-13 10:26
I grant MEG Energy ( OTCPK:MEGEF ) (TSX: MEG:CA ) a Buy rating. I consider that the company has the elements necessary to create value in the long term. To begin with, the company expects to increase its production to 135,000Daniel Mellado is an economist from Carabobo University with a Master's Degree in Statistics from Simon Bolivar University, both obtained in Venezuela.Daniel worked analyzing the agricultural commodity market and the financial investment portfolio for an agribusiness group. Then, he man ...
What's Happening With Airbnb Stock?
Forbes· 2025-08-13 10:15
Core Insights - Airbnb's stock has decreased by approximately 11% over the past month despite a strong Q2 performance, with revenue increasing by 13% year-over-year to $3.1 billion, surpassing the consensus of $3.03 billion, and an EPS of $1.03 exceeding expectations of $0.94 [2][4][6] Financial Performance - User engagement reached record levels, contributing to a three-year average growth rate of 20%, significantly outpacing the S&P 500's growth of 5.2% [6] - Over the last year, Airbnb's sales increased by 10% to approximately $12 billion, more than double the market's 4.5% increase [6] Growth Initiatives - The company is investing $200 million in its next growth phase, which includes updating its app with AI-driven personalization, expanding into "Services & Experiences," and hosting high-profile celebrity events [4] - These initiatives aim to enhance user engagement and diversify revenue, but they may take time to scale and could impact profitability [4] Market Position and Valuation - Airbnb trades at a premium compared to the S&P 500, with price-to-sales at 6.6x, price-to-earnings at 29.3x, and price-to-free-cash-flow at 17.0x, which exceed the index's ratios [5] - The valuation is less expensive than Booking Holdings (7.3x sales, 37.7x earnings) but significantly higher than Expedia (1.7x sales, 22.1x earnings), reflecting confidence in stable growth without expecting a significant surge [5] Investor Sentiment - The recent stock decline is viewed as a readjustment of expectations rather than a sign of trouble, with Airbnb maintaining a premium brand and robust growth [6] - Investors face the decision of whether to accept slower short-term returns for potentially stronger long-term growth [6]