Lifeward to Report Second Quarter Financial Results on August 14, 2025
Globenewswire· 2025-08-07 21:30
Core Viewpoint - Lifeward Ltd. is set to release its second quarter 2025 financial results on August 14, 2025, before market opening, highlighting its ongoing commitment to innovation in medical technology for individuals with physical limitations or disabilities [1]. Company Overview - Lifeward designs, develops, and commercializes solutions aimed at physical rehabilitation and recovery, with a mission to drive innovation that transforms the lives of individuals with disabilities [3]. - The company's product portfolio includes notable innovations such as the ReWalk Exoskeleton, AlterG Anti-Gravity system, MyoCycle FES System, and ReStore Exo-Suit, which provide functional and health benefits in both clinical and home settings [3]. Financial Communication - The financial results will be discussed in a conference call and live webcast hosted by the President and CEO, Mark Grant, along with the Vice President of Finance, Almog Adar, scheduled for 8:30 a.m. EDT on the same day [2]. - Access to the conference call will be available through various toll-free numbers for different regions, and a live webcast will be accessible via the company's website [2].
Graphjet Shareholders Approve Share Consolidation at Extraordinary General Meeting
Globenewswire· 2025-08-07 21:18
Core Viewpoint - Graphjet Technology's shareholders have approved a share consolidation proposal, reflecting confidence in the company's plans to comply with Nasdaq requirements [1][4]. Group 1: Share Consolidation Details - The approved proposal allows the Board to consolidate shares at a ratio between 1-for-50 and 1-for-150, with a final ratio of 1-for-60 being set by the Board [2]. - The company plans to file Amended and Restated Memorandum and Articles of Association in the Cayman Islands once the effective date of the share consolidation is determined [3]. Group 2: Compliance and Financial Reporting - The approval indicates shareholders' confidence in the company's strategy to regain compliance with Nasdaq [4]. - The company has filed its Form 10-Q for December 31, 2024, and is working on the Form 10-Q for March 31, 2025, aiming to meet the September 15, 2025 deadline set by Nasdaq [5]. Group 3: Company Background - Graphjet Technology, founded in 2019 in Malaysia, specializes in producing graphene and graphite using patented technology that recycles palm kernel shells [6]. - The company's sustainable production methods aim to transform the global graphite and graphene supply chain [6].
FTAI Infrastructure Inc. Reports Second Quarter 2025 Results, Declares Dividend of $0.03 per Share of Common Stock
Globenewswire· 2025-08-07 21:15
Financial Overview - FTAI Infrastructure reported a net loss attributable to stockholders of $79.816 million for Q2 2025, compared to a loss of $54.350 million in Q2 2024 [2][24] - The basic and diluted loss per share for common stock was $0.73 for Q2 2025, compared to a loss of $0.52 in the same quarter of the previous year [2][24] - Adjusted EBITDA for Q2 2025 was $45.916 million, an increase from $34.256 million in Q2 2024 [2][24] Dividend Declaration - The Board of Directors declared a cash dividend of $0.03 per share for the quarter ended June 30, 2025, payable on September 8, 2025 [3] Business Highlights - The company agreed to acquire the Wheeling & Lake Erie Railway for $1.05 billion [9] - Plans to refinance existing 10.50% senior notes and Series A preferred stock upon closing of the acquisition [9] - Closed financing of $300 million of tax-exempt debt at Repauno with average coupons of 6.50%, with construction of phase 2 infrastructure fully underway [9] Key Performance Measures - Adjusted EBITDA is utilized as the key performance measure by the Chief Operating Decision Maker, providing insights into operational performance and resource allocation [21][22] - The reconciliation of net loss attributable to stockholders to Adjusted EBITDA for Q2 2025 indicates significant adjustments for various expenses, including interest and depreciation [23][24] Financial Position - Total assets as of June 30, 2025, were $4.407 billion, up from $2.374 billion as of December 31, 2024 [16][17] - Current assets increased to $539.045 million from $219.851 million year-over-year [16] - Total liabilities rose to $3.631 billion from $1.918 billion as of December 31, 2024 [17] Cash Flow Analysis - Net cash used in operating activities for the six months ended June 30, 2025, was $90.872 million, compared to $21.470 million in the same period of 2024 [19] - Cash flows from investing activities showed a net cash provided of $78.359 million, contrasting with a net cash used of $52.652 million in the previous year [19] - Net cash provided by financing activities was $313.480 million, up from $173.108 million in the same period of 2024 [19]
Lassonde Industries Inc. announces its Q2-2025 results
Globenewswire· 2025-08-07 21:05
Core Insights - Lassonde Industries Inc. reported strong financial results for Q2 2025, with sales reaching $742.4 million, a 17.8% increase from $624.7 million in Q2 2024 [2][5] - The company experienced a gross profit of $195.7 million, representing 26.4% of sales, which is an increase from $175.7 million in the same quarter last year [2][5] - Operating profit rose to $54.4 million, up from $50.0 million in Q2 2024, while profit attributable to shareholders increased to $34.3 million, resulting in an EPS of $5.03 [2][5][8] Financial Performance - Sales increased by $117.8 million, with a 10.1% rise in sales volumes in Canada, driven by favorable selling price adjustments and a better sales mix [5][9] - Adjusted EBITDA for the quarter was $84.4 million, a 13.1% increase from $74.6 million in Q2 2024 [2][8] - The company reported an adjusted EPS of $5.47, down 4.5% from $5.73 in the previous year [2][8] Market Dynamics - The growth in sales was attributed to sustained market share gains in Canada and continued growth of U.S. brands, despite challenges in the U.S. private label market [3][9] - Lassonde anticipates a sales growth rate slightly above 10% for 2025, driven by the full-year impact of Summer Garden results and increased volumes from the "Buy Canadian" sentiment [9][10] Operational Insights - As of June 28, 2025, total assets increased to $2,324.9 million, a 2.1% rise from $2,277.8 million at the end of 2024, primarily due to higher accounts receivable and inventories [8][9] - Long-term debt stood at $651.1 million, with a net debt to adjusted EBITDA ratio of 2.03:1, reflecting a $173.6 million increase from December 31, 2024 [8][9] Strategic Initiatives - The company is focused on capital investment initiatives, particularly in New Jersey, to enhance its reach in the North American food and beverage market [3][9] - Lassonde plans to continue its multi-year strategy, with capital expenditures estimated to reach up to 7.0% of sales in 2025 [16][17] Dividend Information - A quarterly dividend of $1.10 per share was declared, payable on September 15, 2025, to shareholders on record as of August 19, 2025 [20]
Guardian Capital Group Limited (TSX: GCG; GCG.A) Announces 2025 Second Quarter Operating Results
Globenewswire· 2025-08-07 21:05
Core Viewpoint - The company reported significant improvements in net revenue and net earnings for the quarter ended June 30, 2025, driven by gains in its securities portfolio and contributions from Sterling and Galibier, despite facing integration costs and lower management fee revenue in other areas. Financial Performance - Net revenue for Q2 2025 was $90.0 million, up from $64.2 million in Q2 2024, with $33.2 million contributed by Sterling and Galibier [3][5] - Operating earnings decreased to $6.1 million from $14.3 million year-over-year, while EBITDA fell to $14.9 million from $21.4 million [4][5] - Net gains for the quarter were $55.0 million, a significant recovery from net losses of $39.2 million in the same quarter last year [5] - Net earnings attributable to shareholders were $55.2 million, compared to a net loss of $23.1 million in the prior year [5] Cash Flow and Equity - Adjusted cash flow from operations attributable to shareholders was $10.7 million, down from $13.9 million in the comparative period [6] - Shareholders' equity as of June 30, 2025, was $1,323 million, or $54.29 per share, compared to $1,318 million, or $53.76 per share at the end of 2024 [6][9] Client Assets - Total client assets were reported at $164.1 billion as of June 30, 2025, down from $169.0 billion at the end of 2024, with a notable increase of $107.0 billion attributed to Sterling and Galibier since June 30, 2024 [2][6] - The decrease in total client assets since December 31, 2024, was primarily due to the depreciation of the US dollar against the Canadian dollar, which reduced total client assets in the US segment by $6.5 billion [2]
Roper Technologies Prices Public Offering Of $500 Million Senior Unsecured Notes Due 2028, $500 Million Senior Unsecured Notes Due 2030, $1 Billion Senior Unsecured Notes Due 2035
Globenewswire· 2025-08-07 21:04
Core Viewpoint - Roper Technologies, Inc. has announced a public offering of $2 billion in senior notes with varying maturities and interest rates, aimed at refinancing existing debt and supporting general corporate purposes [1][3]. Group 1: Offering Details - The company is offering $500 million of 4.250% Senior Notes due 2028, $500 million of 4.450% Senior Notes due 2030, and $1 billion of 5.100% Senior Notes due 2035 [1][2]. - Interest on the notes will be paid semi-annually starting March 15, 2026, with the 2028 notes maturing on September 15, 2028, the 2030 notes on September 15, 2030, and the 2035 notes on September 15, 2035 [2]. Group 2: Use of Proceeds - Net proceeds from the sale of the notes will be utilized to repay a portion of borrowings under the company's unsecured credit facility, repay outstanding Senior Notes due September 2025 and December 2025, and for general corporate purposes including future acquisitions [3]. Group 3: Management and Underwriters - BofA Securities, J.P. Morgan Securities, and Wells Fargo Securities are the active joint book-running managers for the offering, with additional roles assigned to other financial institutions [4]. Group 4: Company Background - Roper Technologies is a constituent of the Nasdaq 100, S&P 500, and Fortune 1000, known for its long-term track record of compounding cash flow and increasing shareholder value through disciplined capital redeployment towards high-quality acquisitions [7].
AGF Reports July 2025 Assets Under Management and Fee-Earning Assets
Globenewswire· 2025-08-07 21:02
Core Viewpoint - AGF Management Limited reported a total of $56.1 billion in assets under management (AUM) and fee-earning assets as of July 31, 2025, reflecting growth in various asset categories compared to previous periods [1][7]. Summary by Category Total AUM and Fee-Earning Assets - Total AUM increased to $54.0 billion from $52.9 billion in June 2025, representing a 2.1% month-over-month growth and a 14.4% year-over-year increase from $47.2 billion in July 2024 [2]. - Total fee-earning assets remained stable at $2.1 billion, unchanged from the previous month and year [2]. Mutual Fund AUM Breakdown - Total Mutual Fund AUM reached $32.7 billion, up from $32.0 billion in June 2025 and significantly higher than $27.8 billion in July 2024 [2][4]. - Domestic Equity Funds maintained at $4.6 billion, while U.S. and International Equity Funds rose to $20.9 billion from $20.2 billion month-over-month and from $16.6 billion year-over-year [3]. - Domestic Fixed Income Funds increased to $2.2 billion from $2.0 billion in June 2025 and from $1.7 billion in July 2024 [3]. AGF Capital Partners - AGF Capital Partners AUM remained at $2.6 billion, consistent with the previous month but slightly down from $2.7 billion in July 2024 [4]. - Total AGF Capital Partners AUM and fee-earning assets were reported at $4.7 billion, unchanged from the previous month and down from $4.8 billion year-over-year [4]. Company Overview - AGF Management Limited, founded in 1957, operates as an independent and globally diverse asset management firm, focusing on public and private market investments through three business lines: AGF Investments, AGF Capital Partners, and AGF Private Wealth [5][6]. - The firm emphasizes responsible and sustainable corporate practices, serving over 815,000 investors globally [6][7].
ALPHAMIN ANNOUNCES CAD$0.07 PER SHARE INTERIM FY2025 DIVIDEND/ APPOINTMENT OF TWO NEW DIRECTORS/ FILES Q2 2025 FINANCIAL STATEMENTS AND MD&A
Globenewswire· 2025-08-07 21:01
Group 1: Appointment of Directors - The Company appointed Mr. Ravi Sharma and Mr. Abhinay Khowala as new directors following the acquisition of a 56% shareholding by International Resources Holding's subsidiary, Alpha Mining Ltd [2][3] - Mr. Sharma has 36 years of experience in the mining industry and is a JORC Competent Person and NI 43 101 Qualified Person for Mineral Resource Estimates [4] - Mr. Khowala has over 20 years of experience in financial management and is a qualified Chartered Accountant from The Institute of Chartered Accountants of India [5] Group 2: Interim FY2025 Dividend - The Board declared an interim FY2025 cash dividend of CAD$0.07 per share, totaling approximately US$65 million, payable on September 15, 2025 [6] - The Company intends to consider a further top-up FY2025 dividend in November 2025 based on its financial position and market conditions [6] Group 3: Company Objectives - The Company aims to declare semi-annual dividends and to enhance its tin production by increasing exploration efforts to extend the life of the mine and search for new tin deposits near the Bisie mine [7]
Timbercreek Financial Secures $600 Million Revolving Credit Facility
Globenewswire· 2025-08-07 21:00
Core Insights - Timbercreek Financial Corp. has entered into a new credit agreement with a syndicate of nine lenders, increasing its revolving credit facilities to $600 million from the previous $510 million [1][2] - The new credit agreement includes a $100 million accordion feature for future expansion, providing additional flexibility for corporate activities [1][2] - The term of the new credit agreement is two years, maturing on August 7, 2027, with the Toronto-Dominion Bank acting as the sole lead arranger and administration agent [1] Company Overview - Timbercreek Financial is a non-bank commercial real estate lender that offers structured financing solutions to commercial real estate investors [3] - The company focuses on providing faster execution and more flexible terms compared to traditional Canadian financial institutions [3] - Timbercreek employs thorough underwriting, active management, and strong governance to target strong risk-adjusted returns for investors [3]
UPDATE -- LGI Homes Opens Brayden Preserve: New Community in Mamers, North Carolina
Globenewswire· 2025-08-07 21:00
Core Insights - LGI Homes, Inc. has announced the opening of Brayden Preserve, a new community featuring 70 single-family homes designed for buyers seeking space and convenience near Raleigh-Durham [1][2] Group 1: Community Features - Brayden Preserve is strategically located 15 minutes from Sanford and 30 minutes from Fort Bragg, making it ideal for commuters to Fayetteville, Raleigh, and Research Triangle Park [1][2] - The community offers homesites ranging from half an acre to 3 acres, providing a blend of quiet living and access to urban amenities [1] - Homes at Brayden Preserve start at $329,900 and include LGI Homes' CompleteHome™ package, featuring energy-efficient appliances and spacious layouts [3][4] Group 2: Home Designs - Four floor plans are available, including options for one-level living and first-floor master plans [4] - Specific home models include: - Blanco: 3 beds, 2 baths, 2-car garage, 1,316 sq. ft. - Avery: 3 beds, 2.5 baths, 2-car garage, 1,800 sq. ft. - Carolina: 3 beds, 2.5 baths, 2-car garage, 1,700 sq. ft. - Rolen: 4 beds, 2.5 baths, 2-car garage, 2,294 sq. ft. [10] Group 3: Market Position and Recognition - LGI Homes is recognized as one of America's fastest-growing homebuilders, having closed over 75,000 homes since its founding in 2003 [6] - The company has received accolades for quality construction and customer service, including a spot on Newsweek's list of the World's Most Trustworthy Companies [6]