Elite Express Holding Inc. Announces Full Year 2025 Results
Globenewswire· 2026-02-27 21:15
Core Viewpoint - Elite Express Holding Inc. reported a transformational fiscal year 2025, marked by a successful transition to a publicly listed company and a revenue increase, despite a net loss due to higher operational costs and investments in compliance and development [3][4]. Financial Performance - For the fiscal year ended November 30, 2025, the company reported revenue of approximately $2.7 million, a 9.1% increase from $2.5 million in 2024 [2][5]. - The company recorded a net loss of approximately $2.2 million, compared to a net loss of $0.4 million in 2024, primarily due to increased general and administrative expenses and new research and development investments [12][2]. Revenue Breakdown - Activity-based revenue accounted for approximately $2.0 million, or 75.7% of total revenue, reflecting a focus on operational throughput under the FedEx ISP structure [5]. - Fixed revenue decreased from approximately $0.7 million to $0.6 million, a decline of 7.8%, attributed to a reduction in baseline weekly compensation [5]. Cost Structure - The cost of revenue for the fiscal year was approximately $2.6 million, up from $2.4 million in 2024, mainly due to higher labor costs and maintenance fees, partially offset by lower fuel prices [6]. - General and administrative expenses surged by approximately $1.2 million, or 286.1%, to $1.6 million, driven by legal and accounting fees related to the public company transition [8]. Research and Development - Research and development expenses totaled $0.9 million for the fiscal year, reflecting the company's strategic investment in a B2B delivery aggregation platform [9]. Loans and Interest Income - The company originated loans receivable totaling $10.0 million, generating interest income of $191,475 for the year, with loans extended to unrelated third-party business partners [10][11].
Microchip Technology to Present at the Raymond James Institutional Investors Conference
Globenewswire· 2026-02-27 21:15
CHANDLER, Ariz., Feb. 27, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Raymond James Institutional Investors Conference on Monday, March 2, 2026 at 1:05 p.m. (Eastern Time). Presenting for the Company will be Mr. Sajid Daudi, Head of Investor Relations. A live webcast of the presentation will be made available by Raymond James, and can be accessed ...
AvalonBay Communities, Inc. Announces Participation in the 2026 Citi Global Property CEO Conference, Provides First Quarter 2026 Business Update, and Publishes Updated Investor Presentation
Businesswire· 2026-02-27 21:15
Definitions Like-Term Effective Rent Change for an individual apartment home represents the percentage change in effective rent between two leases of the same lease term category for the same apartment. The Company defines effective rent as the contractual rent for an apartment less amortized concessions and discounts. Like-Term Effective Rent Change with respect to multiple apartment homes represents an average. New Move-In Like- Term Effective Rent Change is the change in effective rent between the contra ...
Camden Property Trust Announces Participation in Citi's 2026 Global Property CEO Conference and Provides First Quarter 2026 Operating Update
Businesswire· 2026-02-27 21:15
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) (the "Company†) announced today that the Company will participate in Citi's 2026 Global Property CEO Conference. Camden's roundtable discussion has been scheduled for Tuesday, March 3, 2026, at 1:30 PM Eastern Time. The event will be webcast live in a listen-only mode at camdenliving.com in the Investors section, and an audio archive will be available on the Company's website shortly after the event concludes. A copy of Camden's most re. ...
MAA to Participate in the 2026 Citi Global Property CEO Conference
Prnewswire· 2026-02-27 21:15
MAA to Participate in the 2026 Citi Global Property CEO Conference [Accessibility Statement] Skip NavigationGERMANTOWN, Tenn., Feb. 27, 2026 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that the Company plans to participate in the 2026 Citi Global Property CEO Conference.During the conference, Brad Hill, President and Chief Executive Officer, along with members of MAA's management team, will host a roundtable discussion on Monday, March 2, 2026, at approximate ...
AMH to Participate in 2026 Citi Global Property CEO Conference
Prnewswire· 2026-02-27 21:15
LAS VEGAS, Feb. 27, 2026 /PRNewswire/ -- AMH (NYSE: AMH) (the "Company"), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced that members of the Company's management team will participate in a roundtable discussion at the 2026 Citi Global Property CEO Conference on Tuesday, March 3, 2026 at 10:15 a.m. Eastern Time. A live audio webcast of the presentation will be available on the Company's website at www.amh.com under "Investor Relations". A replay ...
Microchip Technology to Present at the Morgan Stanley Technology, Media & Telecom Conference
Globenewswire· 2026-02-27 21:15
CHANDLER, Ariz., Feb. 27, 2026 (GLOBE NEWSWIRE) -- (NASDAQ:MCHP) – Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that the Company will present at the Morgan Stanley Technology, Media & Telecom Conference on Tuesday March 3, 2026 at 1:05 p.m. (Pacific Time). Presenting for the Company will be Mr. Richard Simoncic, Chief Operating Officer, and Mr. Eric Bjornholt, Senior Vice President and Chief Financial Officer. A live webcas ...
Acuity to Announce Fiscal 2026 Second-Quarter Results on April 2, 2026
Globenewswire· 2026-02-27 21:15
ATLANTA, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Acuity Inc. (NYSE: AYI) (the “Company”) will release fiscal 2026 second-quarter results on Thursday, April 2, 2026 at 6:00 a.m. ET, followed by a conference call at 8:00 a.m. ET. Neil Ashe, Chief Executive Officer of Acuity Inc., will lead the call. The webcast, earnings release, and supplemental presentation can be accessed via the Investor Relations section of the Company's website at www.investors.acuityinc.com on Thursday, April 2, 2026. The online replay will ...
Essex Property Trust to Present at The 2026 Citigroup Global Property CEO Conference
Businesswire· 2026-02-27 21:15
Essex Property Trust to Present at The 2026 Citigroup Global Property CEO ConferenceFeb 27, 2026 4:15 PM Eastern Standard Time# Essex Property Trust to Present at The 2026 Citigroup Global Property CEO ConferenceShare---SAN MATEO, Calif.--([BUSINESS WIRE])--Essex Property Trust, Inc. (NYSE:ESS) announced today that Angela L. Kleiman, President and CEO, will be participating in a roundtable presentation at the 2026 Citigroup Global Property CEO Conference on Monday, March 2, 2026 at 2:55 p.m. Eastern Time.To ...
ADT Announces Grants of Inducement Equity Awards
Globenewswire· 2026-02-27 21:15
BOCA RATON, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE: ADT) today announced that its board of directors has approved the grant of equity awards in connection with ADT’s acquisition of Origin Wireless, Inc., a privately held company that specializes in AI-enabled WiFi sensing technology (“Origin”), in reliance on the employment inducement awards exemption under the NYSE’s Listed Company Manual Rule 303A.08. The board approved the grant of equity awards representing 8,070,357 shares of ADT common ...