Grupo Aeroportuario del Pacifico Reports a Passenger Traffic Increase in July 2025 of 3.1% Compared to 2024
Globenewswire· 2025-08-06 01:05
Core Insights - Grupo Aeroportuario del Pacífico (GAP) reported a 1.8% increase in total terminal passenger traffic across its 12 Mexican airports in July 2025 compared to July 2024 [2] - The overall passenger traffic for the first seven months of 2025 increased by 7.0% compared to the same period in 2024 [3] Passenger Traffic Performance - Guadalajara airport saw a 0.7% increase in passenger traffic, while Puerto Vallarta increased by 0.4%. Tijuana experienced a decrease of 3.1%, and Los Cabos remained flat [2] - Montego Bay airport had a significant increase of 15.2% in passenger traffic compared to July 2024 [2] Detailed Passenger Statistics - Total terminal passengers in July 2025 reached 3,329.8 thousand, up from 3,203.2 thousand in July 2024, marking a 4.0% increase [3] - Year-to-date figures show a total of 20,974.3 thousand passengers from January to July 2025, compared to 19,603.0 thousand in the same period of 2024, reflecting a 7.0% increase [3] Domestic and International Passenger Trends - Domestic terminal passengers increased by 1.9% in July 2025 compared to July 2024, totaling 2,506.2 thousand [5] - International terminal passengers decreased by 0.5% in the same period, totaling 17,010.4 thousand [5] Load Factors and Capacity - The number of available seats in July 2025 increased by 6.0% compared to July 2024, while load factors decreased from 87.2% to 84.8% [8] New Routes Introduced - Several new routes were announced, including Aguascalientes to La Paz and Guadalajara to New York (EWR) [9] Company Overview - Grupo Aeroportuario del Pacífico operates 12 airports in Mexico's Pacific region, including major cities and tourist destinations [10]
Nxera Launches Broad Proprietary Pipeline Targeting Obesity and Chronic Weight Management
Globenewswire· 2025-08-05 23:30
Pipeline led by a new proprietary oral small molecule GLP-1 agonist and six additional innovative programs targeting the GIP, Amylin and Apelin receptors, aiming to transform treatment landscapeDesigned to address emerging areas of patient need, including long-term weight management, co-morbid metabolic disorders, and muscle preservation during weight loss Tokyo, Japan and Cambridge, UK, 6 August 2025 – Nxera Pharma Co., Ltd. (“Nxera”; TSE: 4565) a technology-powered biopharmaceutical company, today announ ...
Aura Declares Dividend of US$0.33 Per Share and US$0.11 Per BDR Based on Q2 2025 Results, Resulting in a Dividend Yield of 7.4% in the LTM
Globenewswire· 2025-08-05 23:16
Core Viewpoint - Aura Minerals Inc. has declared a quarterly dividend of US$0.33 per common share, totaling approximately US$27.3 million, which exceeds the minimum outlined in the company's Dividend Policy [1][4]. Dividend Details - The dividend will be paid in US dollars on August 26, 2025, to shareholders of record as of the close of business on August 18, 2025 [2]. - Holders of Brazilian Depositary Receipts (BDRs) will receive US$0.11 per BDR, with payment expected around September 5, 2025 [3][9]. Financial Performance - The declared dividend represents a 7.4% dividend yield, including share buybacks, over the last twelve months, positioning Aura among the top dividend-yielding companies in the global gold mining industry [4]. - The company’s strategy focuses on developing greenfield projects, expanding mineral resources, and pursuing strategic acquisitions while consistently paying dividends [4]. Company Overview - Aura Minerals is engaged in the development and operation of gold and base metal projects in the Americas, with five operating assets including gold mines in Honduras and Brazil, and a copper, gold, and silver mine in Mexico [6]. - The company also owns several projects in Guatemala, Colombia, and Brazil, indicating a diverse portfolio in the mining sector [6].
LGI Homes, Inc. Reports July 2025 Home Closings
Globenewswire· 2025-08-05 22:08
Company Performance - LGI Homes, Inc. closed 381 homes in July 2025, indicating ongoing operational activity and sales performance [1] - As of July 31, 2025, the company had 143 active selling communities, reflecting its market presence and expansion strategy [1] Company Overview - LGI Homes, Inc. is headquartered in The Woodlands, Texas, and operates in 36 markets across 21 states, showcasing its extensive reach in the homebuilding industry [2] - Since its founding in 2003, LGI Homes has closed over 75,000 homes and has delivered profitable financial results every year, highlighting its growth and sustainability [2] - The company has received national recognition for quality construction and customer service, being named to Newsweek's list of the World's Most Trustworthy Companies [2] - LGI Homes employs over 1,000 individuals and has earned numerous workplace awards, including the Top Workplaces USA 2025 Award, indicating a strong corporate culture and employee satisfaction [2]
Apple iSports Secures up to $25 Million Capital Facility from LDA Capital Group, LLC to Propel Gaming and Entertainment Acquisitions
Globenewswire· 2025-08-05 22:02
Core Insights - Apple iSports has secured a growth capital facility from LDA Capital Group, which will support its business strategy and expansion in the gaming and entertainment sectors [1][3][7] Group 1: Financial and Strategic Developments - The funding facility, along with the acquisition of LBC Enterprises Pty Ltd, highlights Apple iSports' capability to execute its business strategy and enhance its revenue streams from both B2B and B2C sectors [3][4] - The facility amounts to up to USD $25 million, with an option to increase to USD $50 million, aimed at working and growth capital purposes [7] - The Board of Directors of Apple iSports has unanimously approved the facility, indicating strong market confidence in the company's growth strategy over the next five years [7] Group 2: Market Position and Future Plans - Apple iSports aims to penetrate the U.S. market and establish an international iGaming footprint, leveraging its relationship with LDA Capital and LBC [4][5] - The company has over four decades of experience in regulated gaming markets, which it plans to apply in the U.S. market [5] - LDA Capital's commitment is expected to enhance Apple iSports' expansion efforts in prime markets like the USA and globally [4][7]
PHX Energy Announces Second Quarter Results and Record Second Quarter Revenue
Globenewswire· 2025-08-05 21:59
Core Insights - PHX Energy reported consolidated revenue of $167.7 million for Q2 2025, a 9% increase from $154.2 million in Q2 2024, marking the highest second-quarter revenue on record [3][6][24] - Adjusted EBITDA for Q2 2025 was $27.4 million, representing 16% of consolidated revenue, down from $30 million (19% of revenue) in Q2 2024 [3][9][32] - Earnings for Q2 2025 were $8.5 million ($0.17 per share), a decrease of 34% from $12.9 million ($0.26 per share) in Q2 2024 [4][9][42] Financial Highlights - Revenue from directional drilling services increased by 8% to $153.9 million in Q2 2025, while motor rental revenue rose by 28% to $12.8 million [24][27] - The Canadian division reported revenue of $39.6 million, a 4% increase from $38.2 million in Q2 2024, despite a 6% decline in Canadian industry drilling days [8][25] - Excess cash flow for Q2 2025 was $9.3 million, a significant increase of 163% from $3.5 million in Q2 2024 [4][12] Operational Performance - The US division's revenue grew by 10% to $128.1 million in Q2 2025, despite a 5% decline in the average number of active rigs in the US [7][46] - The average revenue per day for directional drilling services improved by 7% to $22,476 in Q2 2025, driven by higher RSS activity [26][27] - The Canadian division's average revenue per day increased by 16% to $16,409, supported by the expansion of RSS activity [8][26] Cost and Expenses - Direct costs increased by 13% to $143.4 million in Q2 2025, primarily due to higher equipment repair expenses and increased costs from tariffs [30][31] - SG&A costs rose by 21% to $16.7 million in Q2 2025, mainly due to rising personnel-related costs [33][34] - Depreciation and amortization expenses on drilling and other equipment increased by 13% to $12.6 million in Q2 2025 [31][42] Shareholder Returns - The company declared a dividend of $0.20 per share, totaling $9.1 million, paid on July 15, 2025 [11][12] - The corporation repurchased and cancelled 100,000 common shares for $0.9 million under the Normal Course Issuer Bid (NCIB) [15][16] - Since 2017, 28% of outstanding shares have been purchased and cancelled as part of the Return of Capital Strategy (ROCS) [5][12] Outlook - The company anticipates continued strong activity and revenue in the second half of 2025, focusing on its premium Rotary Steerable Systems (RSS) offerings [5][6] - Despite a softer market expected through 2025, there are opportunities for growth in natural gas-focused drilling rigs due to increasing LNG exports [5][6] - The company plans to apply for the renewal of its NCIB to continue rewarding shareholders [16][12]
Finning reports Q2 2025 results, equipment backlog increases to $3 billion
Globenewswire· 2025-08-05 21:45
Core Insights - Finning International Inc. reported solid Q2 2025 results, with a revenue of $2.6 billion, consistent with the previous year, and a 5% increase in product support revenue [7][4][3] - The company achieved a record equipment backlog of $3 billion, reflecting a 6% increase from the previous quarter, driven by large mining equipment orders in Canada [7][4] - The sale of 4Refuel and ComTech was completed ahead of schedule, allowing the company to focus on core dealership operations and improve return on invested capital [4][32] Financial Performance - Q2 2025 revenue was $2,609 million, with product support revenue at $1,469 million, up 5% from Q2 2024 [8][6] - New equipment sales were nearly $1 billion, while used equipment sales decreased by 43% to $83 million [6][8] - Adjusted EBIT for Q2 2025 was $215 million, with an adjusted EBIT margin of 8.3%, down from 8.5% in Q2 2024 [7][8] Operational Highlights - The SG&A margin was 15.5%, reflecting strong cost and capital discipline, despite a $16 million increase in long-term incentive plan compensation expenses due to a 44% share price increase [7][8] - Free cash flow from continuing operations was a use of $164 million, primarily due to higher inventory levels [7][8] - The company is focused on maximizing product support and driving full-cycle resilience to improve return on invested capital [5][4] Regional Performance - In South America, revenue increased by 5%, driven by strong mining deliveries in Chile, while EBIT margin was 10.1%, down 30 basis points [16][23] - Canada operations showed mixed outlooks, with expectations for infrastructure development supporting construction sector activity [28][29] - UK & Ireland operations are expected to remain soft due to low GDP growth, but demand for power systems is strong [31][30] Strategic Developments - The company appointed Rob Atkinson to the Board of Directors, bringing over 30 years of leadership experience in the global mining industry [19][20] - Finning is focused on streamlining operations and achieving annual SG&A savings of over $20 million through organizational changes [35][34] - The company plans to invest strategically in core dealership operations to support future growth opportunities [36][34]
Greenland Resources Announces Closing of Private Placement Financing for Aggregate of $10 Million
Globenewswire· 2025-08-05 21:31
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES TORONTO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Greenland Resources Inc. (“Greenland Resources” or the “Company”; Cboe CA: MOLY | FSE: M0LY) is pleased to announce that it has closed its fully-subscribed non-brokered private placement of 6,666,667 units of the Company (the “Units”) at a price of C$1.50 per Unit (the “Offering Price”) ...
Petrus Resources Declares Monthly Dividend for August 2025
Globenewswire· 2025-08-05 21:05
Core Viewpoint - Petrus Resources Ltd. has declared a monthly dividend of $0.01 per share, payable on August 29, 2025, to shareholders of record on August 15, 2025, designated as an eligible dividend for Canadian income tax purposes [1] Dividend Reinvestment Plan (DRIP) - The DRIP allows eligible shareholders to reinvest cash dividends into additional common shares at a 3% discount from the market price [2] - Registered shareholders must submit an enrollment form to Odyssey Trust Company before 4:00 p.m. on the 5th business day prior to the dividend record date to participate in the DRIP [3] - Beneficial shareholders should contact their brokers to determine eligibility and obtain enrollment instructions, with potential restrictions for non-resident shareholders [3] Company Overview - Petrus is a public Canadian oil and gas company focused on property exploitation, strategic acquisitions, and risk-managed exploration in Alberta [5]
Diversified Royalty Corp. Announces August 2025 Cash Dividend and Q2 2025 Earnings Release Date
Globenewswire· 2025-08-05 21:05
Core Points - Diversified Royalty Corp. has announced a cash dividend of $0.02292 per common share for the period of August 1, 2025, to August 31, 2025, which annualizes to $0.275 per common share [1] - The dividend will be paid on August 29, 2025, to shareholders of record as of the close of business on August 15, 2025 [1] - The company will release its earnings results for the three and six months ended June 30, 2025, on August 6, 2025 [2] Company Overview - Diversified Royalty Corp. is a multi-royalty corporation focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America [3] - The company's objective is to acquire predictable and growing royalty streams from a diverse group of businesses and franchisors [3] Current Holdings - The company currently owns trademarks for several brands, including Mr. Lube + Tires, AIR MILES®, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, and Cheba Hut [4] - Mr. Lube + Tires is recognized as the leading quick lube service business in Canada, while AIR MILES® is the largest coalition loyalty program in the country [4] Financial Strategy - Diversified Royalty Corp. aims to increase cash flow per share through accretive royalty purchases and the growth of purchased royalties [5] - The company intends to maintain a predictable and stable monthly dividend to shareholders and plans to increase the dividend over time as cash flow per share allows [5]