Workflow
AS Tallink Grupp Investor Webinar introducing the results of the Q3 2025
Globenewswire· 2025-10-23 14:00
Core Insights - AS Tallink Grupp held an investor webinar on 23 October 2025 to present the results of the third quarter of 2025 [1] - Margus Schults, a member of the Management Board, introduced the financial results during the webinar [1] - The company expressed gratitude to all participants of the webinar [1] Financial Performance - The webinar presentation and recording are available for review under Reports & Financial key figures [2]
Chery Unveils World's First 7-Seat Transformable Multi-SUV Concept, Redefining Future Mobility through User Co-Creation
Globenewswire· 2025-10-23 13:55
Core Insights - Chery has introduced the world's first "7-Seat Transformable Multi-SUV" concept, emphasizing user co-creation and versatility in vehicle design [1][4][6] - The vehicle aims to address diverse family mobility needs identified through extensive user research across multiple countries [2][12] User Research and Insights - Chery's product teams conducted over a year of research in countries like Indonesia, Mexico, and Thailand, identifying nine high-frequency family-use scenarios [2][12] - The research revealed that no existing vehicle model adequately meets the complex demands of these scenarios [2] Vehicle Features and Configurations - The "6=1" concept allows the vehicle to transform into six distinct configurations, covering 99% of family mobility scenarios [6][10] - In "Large 7-Seat SUV Mode," the vehicle measures 4.9 meters in length and 1,284 mm in height, providing comfort for all passengers [7] - The "Double-Cab Pickup Mode" offers 600 liters of cargo space, addressing the need for both passenger and payload capacity [8] - "Camper Mode" supports various accessories for outdoor activities, enhancing the vehicle's versatility [9] Co-Creation and Development Process - Chery plans to involve users in the entire product development cycle, from feature design to ecosystem customization [11][12] - A dedicated team has gathered 1,350 user samples and over 40,000 topic inputs to ensure the product concept aligns with real-world needs [12] - The vehicle is scheduled to reach consumers in the third quarter of 2026, marking a shift towards a more collaborative approach in automotive development [12]
Jeff "JH" Foster Leads The Marquie Group to Profitability
Globenewswire· 2025-10-23 13:51
Core Insights - The Marquie Group, Inc. (TMGI) is entering a new phase of opportunity in the global golf industry with the appointment of JH Foster as Chairman & CEO following a strategic acquisition [1][2][3] Company Overview - TMGI is a publicly traded company focused on growing innovative businesses in the golf, hospitality, and technology sectors [5] - The company has evolved into an international management and investment firm [5] Leadership and Strategy - JH Foster, the new CEO, has a vision to transform TMGI into a leader in the golf industry by acquiring and developing golf courses into family-friendly destinations [3] - Foster's background includes founding Arizona Fairways Magazine and creating Arizona Golf and Travel, showcasing his deep connections in the golf community [4] Acquisitions and Assets - The acquisition includes profitable golf courses Apache Creek and Mountain Brook in Arizona, along with the reservations company Stand-By Golf, which will enhance TMGI's financial position from day one [2][3] - Stand-By Golf offers significant discounts on tee times at over 200 championship courses, enhancing the golfing experience for users [7] GETGOLF Platform - The GETGOLF platform, under development, aims to provide real-time tee-time booking, travel planning, and social networking services, positioning itself as a global brand in the golf industry [2][6] - The platform is set to launch in the third quarter of 2026, indicating a strategic timeline for growth and expansion [6]
MISTRAS Group Announces Conference Call to Discuss Third Quarter Results on November 5, 2025
Globenewswire· 2025-10-23 13:30
Company Overview - MISTRAS Group, Inc. is a global leader in technology-enabled industrial asset integrity and testing solutions, serving critical industries such as oil & gas, aerospace & defense, power & utilities, manufacturing, and civil infrastructure [3] - The company offers a diversified portfolio of products and services, including advanced non-destructive testing, pipeline inspections, real-time condition monitoring, maintenance planning, and specialized engineering [3] - MISTRAS utilizes a proprietary management software suite that centralizes integrity data for predictive analytics and benchmark analysis, helping clients reduce risk, extend asset life, and optimize operational performance [3] Upcoming Events - MISTRAS Group has scheduled a conference call for November 5, 2025, at 9:00 am Eastern Time to present its third quarter results for 2025 [1] - A press release with the third quarter results will be issued after the market closes on November 4, 2025 [1] - Individuals can pre-register for the live question and answer session at a specified link [2]
Uniti Solutions Says New Research Highlights Vulnerabilities in Enterprises’ Data, Privacy Plans
Globenewswire· 2025-10-23 13:30
Core Insights - The 2025 Kinetic Digital Safety & Privacy Report highlights that employee inaction and digital fatigue significantly undermine enterprise cybersecurity efforts [2][4][8] - Companies are often unprepared for cybersecurity threats, relying on basic user-level security measures that are frequently neglected [4][5] Group 1: Employee Behavior and Cybersecurity - A significant portion of employees neglect basic security practices, with only 37% updating passwords regularly and 27% reading privacy policy updates [5] - Digital fatigue among employees leads to decreased vigilance, increasing the risk of cyber threats despite companies' robust cybersecurity measures [4][8] Group 2: Need for Enhanced Security Measures - Enterprises must implement more sophisticated security layers, such as managed network security services, to address growing digital threats [3][4] - The responsibility for cybersecurity often falls on resource-strapped IT departments, necessitating advanced solutions that do not solely depend on user actions [4][8] Group 3: Consumer Trust and Technology - Consumers in rural and suburban areas exhibit greater distrust towards emerging technologies like AI compared to urban counterparts, with 68% of rural respondents expressing unease [5] - Younger generations, particularly Gen Z, show more trust in AI compared to older generations, indicating a generational divide in technology acceptance [5] Group 4: Solutions Offered by Uniti Solutions - Uniti Solutions provides cloud-native and fully managed Secure Access Service Edge (SASE) and Security Service Edge (SSE) services, enabling businesses to enhance network performance and security [7] - The technology is supported by Uniti Solutions' Cyber Security Operations Center (CSOC), offering comprehensive protection against cyber threats [7]
Correction: AS Tallink Grupp Unaudited Consolidated Interim Report for the Q3 2025
Globenewswire· 2025-10-23 13:30
Core Insights - AS Tallink Grupp reported a 3.0% increase in passenger numbers in Q3 2025 compared to Q3 2024, carrying 1,766,335 passengers, while cargo units transported decreased by 9.8% to 60,306 [2][3] - The Group's unaudited consolidated revenue for Q3 2025 was EUR 233.1 million, slightly up from EUR 231.9 million in Q3 2024, with an EBITDA of EUR 68.9 million and a net profit of EUR 40.8 million [3][10] Revenue and Operational Performance - Revenue from route operations, the Group's core business, increased by EUR 1.3 million to EUR 194.9 million compared to Q3 2024, although the segment result decreased to EUR 46.5 million from EUR 48.1 million [4] - The Estonia-Finland route saw a 10.1% increase in passenger numbers, with revenue rising by EUR 8.6 million to EUR 95.4 million, while the segment result decreased by EUR 1.2 million to EUR 30.2 million [5] - The Finland-Sweden routes experienced a 1.4% decrease in passenger numbers, with revenue increasing by EUR 0.4 million to EUR 73.0 million, but the segment result fell by EUR 1.0 million to EUR 12.2 million [6] - The Estonia-Sweden routes saw a significant 23.5% decrease in passenger numbers, with revenue dropping by EUR 7.7 million to EUR 26.5 million, although the segment result increased by EUR 0.6 million to EUR 4.1 million [7] Financial Metrics - The Group's gross profit remained stable at EUR 67.2 million, with a slight increase in EBITDA to EUR 68.9 million compared to EUR 68.4 million in Q3 2024 [8] - Amortization and depreciation expenses decreased by EUR 1.3 million to EUR 23.0 million, influenced by the sale of two vessels [9] - Net finance costs declined by EUR 2.2 million year-on-year to EUR 4.9 million due to a reduced loan balance and lower interest rates [9] Investments and Financial Position - The Group's investments in Q3 2025 amounted to EUR 5.5 million, with a focus on vessel maintenance and IT system improvements [11][13] - As of the end of Q3 2025, net debt was EUR 432.7 million, down from EUR 459.7 million at the end of Q2 2025, resulting in a net debt to EBITDA ratio of 3.4 [14] - Cash and cash equivalents at the end of Q3 2025 were EUR 31.9 million, with a total liquidity buffer of EUR 131.9 million [15] Dividends - The Group's dividend policy allows for a minimum payment of EUR 0.05 per share, with a total dividend of EUR 0.06 per share approved for 2025, to be paid in two installments [17][18]
Ascot to Launch C$0.01 Per Share Rights Offering and 50:1 Share Consolidation; Enters into Advisory Agreement with Fiore and Support of Major Shareholders and Creditors
Globenewswire· 2025-10-23 13:29
Core Viewpoint - Ascot Resources Ltd. has entered into an advisory services agreement with Fiore Management and Advisory Corp. to assist in restructuring, refinancing, and enhancing the leadership team, focusing on the Red Mountain Deposit and the Premier Gold Project [1][8] Restructuring Details - The restructuring will include a non-brokered rights offering to raise approximately C$14.9 million, fully backstopped by Fiore, allowing eligible shareholders to acquire new common shares at C$0.01 each [2] - Following the rights offering, a 50:1 share consolidation will occur, and Fiore will assist in facilitating an equity financing of C$150 million [3] - The restructuring has majority support from the company's shareholders and creditors [3] Financing Arrangements - Advanced negotiations are underway with Nebari Gold Fund and its affiliates for bridge financing of up to US$18 million, subject to certain conditions [4] - The financing arrangements will also involve settling existing lien claims related to the Premier Gold Mine from the proceeds of the rights offering [5] Debt Restructuring - Ascot will work with Fiore to restructure existing indebtedness with Nebari and amend secured streams with Sprott Private Resource Streaming and Royalty Corp. [6] Management Enhancement - Fiore is committed to assisting Ascot in enhancing its management team to advance the Red Mountain deposit and restart the Premier Gold Project [7] Project Status - The Premier Gold Mine and Red Mountain have been on care and maintenance since June 25, 2025, with approximately C$538 million incurred in construction and development costs since mid-2021 [11] - Following the reorganization, studies will be conducted to determine the best path to commercial production [11]
Digital Brands Group Explores Quantum Computing Initiatives Using Microsoft Azure Quantum
Globenewswire· 2025-10-23 13:25
Core Insights - Digital Brands Group, Inc. has initiated advanced quantum computing initiatives through Microsoft Azure Quantum to enhance its eCommerce operations [1][2][3] Group 1: Quantum Computing Initiatives - The company is exploring quantum machine learning and quantum-inspired algorithms to optimize data processing, security, and customer engagement in eCommerce [2][3] - Initial areas of exploration include hyper-personalized recommendations, customer clustering, and quantum-resilient data protection [7] Group 2: Strategic Positioning - The CEO of Digital Brands Group emphasized that quantum computing could reshape data security, optimization, and customer engagement, positioning the company as a leader in personalized commerce [3] - This initiative is a significant milestone in the company's technology roadmap, focusing on integrating frontier computing, AI, and advanced data protection [3] Group 3: Business Model - Digital Brands Group operates a diverse portfolio of consumer brands, focusing on direct-to-consumer and wholesale channels [4] - The company aims to leverage customer data and purchase history to create personalized content and enhance customer experience [4]
Actelis Networks Receives Order from Oklahoma Telecommunications Carrier to Enhance Rural Broadband Connectivity in Osage County and Ozarks Region
Globenewswire· 2025-10-23 13:20
Hybrid fiber-copper amplification technology delivers immediate broadband improvements to underserved communities while positioning for future BEAD program opportunitiesFREMONT, Calif, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today announced it has received an order from a local telecommunications carrier serving Oklahoma for its advanced a ...
Core AI Reports Robust User Growth and Engagement Across Mobile Gaming Portfolio for First Half 2025
Globenewswire· 2025-10-23 13:15
Core Business Overview - Core AI Holdings, Inc. aims to achieve $300 million in annual revenue within 36 months, driven by its growth strategy and strong performance in the mobile gaming sector [1][5] - The company has surpassed 820 million cumulative downloads and maintains an average of 18.4 million monthly active users (MAU) with a total of 2,281 mobile applications released [2][3] Financial Performance - For the first half of 2025, Core AI reported consolidated revenue of $33.4 million, with Core Gaming contributing $28.9 million and Siyata Mobile $4.5 million [3] - The company experienced a net loss of $8.6 million, with Core Gaming reporting a loss of $0.8 million and Siyata Mobile a loss of $7.6 million [3] Market Position and Strategy - The United States is the largest revenue contributor, with significant contributions from Latin America, Europe, and other regions, indicating a well-diversified revenue base [4] - The company focuses on leveraging AI-driven insights to enhance creativity and user engagement, aiming to expand its live service operations and strategic partnerships for user acquisition [3][5] Future Growth Initiatives - Core AI plans to identify growth opportunities through joint ventures, mergers, and acquisitions, particularly in next-generation cloud computing, AI technologies, and blockchain applications [5] - The company is committed to continuous innovation in its AI products and aims to open new revenue channels through these initiatives [5]