GSR signs Memorandum of Understanding with Japan’s DORD to conduct joint demonstration test in the Clarion-Clipperton Zone
Globenewswire· 2026-03-30 06:00
Core Insights - Global Sea Mineral Resources (GSR) has signed a Memorandum of Understanding (MOU) with Deep Ocean Resources Development Co., Ltd. (DORD) to explore co-development opportunities for polymetallic nodule resources in the Clarion-Clipperton Zone (CCZ) [1] Group 1 - GSR is a deep-sea exploratory subsidiary of DEME [1] - The MOU aims to conduct a joint demonstration test for resource development [1] - GSR will provide technical knowledge and operational expertise to support DORD's program [1]
Eurocastle Releases Fourth Quarter and Year End 2025 Financial Results
Globenewswire· 2026-03-30 06:00
Core Viewpoint - Eurocastle Investment Limited has released its annual financial results for the year ended December 31, 2025, highlighting a significant increase in its NAV and the successful execution of its New Investment Strategy, which focuses on opportunistic real estate investments in Southern Europe [2][4]. Financial Performance - The company's NAV as of December 31, 2025, is €20.60 million, or €20.51 per share, an increase from €15.01 per share in Q3 2025 and €11.34 per share at the end of 2024, due to the release of all remaining Additional Reserves [4][6]. - Total income for FY 2025 was €935,000, with a net loss of €1.48 million, compared to a profit of €346,000 in FY 2024 [15]. Investment Strategy - Eurocastle's New Investment Strategy has secured €81.3 million in capital commitments for the EPIF, with over €71 million raised during 2025, leading to a dilution of the company's interest in EPIF to approximately 10% [6][7]. - The Fund has invested €18.7 million in three investments, with a NAV of €21.7 million reported at year-end 2025, reflecting a 26% increase in the value of Eurocastle's interest in EPIF compared to its net capital invested [7][8]. Legacy German Tax Matter - The company has paid a net amount of €3.7 million related to the Legacy German Tax Matter, with a corresponding tax asset of €4.1 million at year-end 2025 [9][10]. - The remaining potential exposure on this matter is estimated at €2.5 million, with ongoing tax audits for the years 2013 to 2015 [9][16]. Additional Reserves - In 2025, the Board approved the release of all Additional Reserves, reflecting the company's strengthened financial position and future prospects [14][22]. Shareholder Information - As of December 31, 2025, the company had 1,004,555 ordinary shares outstanding, with a significant portion of its net corporate cash amounting to €14.0 million available for further investments [3][21].
2025 annual results: Equasens reports a solid performance across all financial indicators
Globenewswire· 2026-03-30 06:00
Core Insights - Equasens reported solid financial performance for FY 2025, with revenue reaching €236.5 million, reflecting a 9.1% increase compared to FY 2024 [4][7] - The company continues to focus on technological innovation and strategic acquisitions, including the recent acquisition of Erevo, which enhances its digital training offerings [5][34] Financial Performance - Revenue for FY 2025 was €236.5 million, up from €216.8 million in FY 2024, marking a 9.1% increase [4][7] - Recurring EBITDA increased to €66.7 million, also a 9.1% rise, indicating effective cost control [4][7] - Current operating income rose to €48.2 million, a 6.8% increase, influenced by investments in new healthcare data infrastructure [4][7] - Net profit increased by 8.8% to €41.1 million, supporting a proposed dividend of €1.40 per share [7][31] Division Highlights - **PHARMAGEST Division**: Revenue grew to €172.2 million (+5.3%), with current operating income at €32.0 million (+4.2%) [10][14] - **AXIGATE LINK Division**: Revenue increased to €37.6 million (+17.0%), with a current operating income of €11.0 million (+8.0%) [10][21] - **E-CONNECT Division**: Revenue surged to €14.7 million (+31.4%), although current operating income saw a modest increase of 2.2% [10][22] - **MEDICAL SOLUTIONS Division**: Revenue reached €10.0 million (+26.1%), with current operating income improving significantly [10][23] - **FINTECH Division**: Revenue stabilized at €2.0 million, with a current operating income showing a notable improvement [10][33] Cash Flow and Financial Position - Cash flow after interest and tax increased to €56.7 million, up from €47.7 million in FY 2024 [26][27] - Gross cash balance at year-end was €136.8 million, with net cash amounting to €83.6 million, an increase of €4.1 million [29][27] Strategic Initiatives - The acquisition of Erevo is expected to strengthen Equasens' position in the healthcare education market and create synergies with existing training offerings [34] - The company is focusing on integrating AI capabilities into its software solutions to enhance decision support and operational efficiency [39][40] Governance Changes - Thierry Chapusot, Chairman of the Board, will not seek renewal of his appointment, marking a significant governance change [35][36] - François-Pierre Marquier has been appointed Deputy CEO, effective April 1, 2026 [36][37] Future Outlook - Equasens aims to strengthen its leadership in the digital health solutions market, with a continued focus on technological innovation and AI integration [38][39]
FY26 Update, Business Reorganisation and FY27 Outlook
Globenewswire· 2026-03-30 06:00
Core Viewpoint - PayPoint Plc anticipates a record financial performance for FY26, with a significant business reorganization aimed at enhancing operational efficiency and growth opportunities across four business units [3][25]. Financial Performance - The Group expects to deliver a record financial performance for FY26, aligning with expectations, and has executed a share buyback program, purchasing 3,957,613 shares for £23.8 million [3]. - The Group aims to reduce its issued share capital by approximately 30% by FY28, having already reduced it by about 15% in the current year [3][29]. - Over £90 million will be returned to shareholders in FY26 through share buybacks and dividends [29]. Business Reorganization - The Board has decided to reorganize the business into four units: Network Services, Digital Payments and Open Banking, Love2shop, and Merchant Services, to create a more integrated and transparent structure [4][5]. - This reorganization is expected to enhance focus on growth opportunities, improve accountability, and unlock cost savings [5][25]. - Each business unit will have clearly defined financial metrics and KPIs, providing investors with better insights [7]. Business Units Overview 1. **Network Services** - Estimated FY26 net revenue of £91.3 million, focusing on supporting over 30,000 convenience stores and enhancing service delivery [7][8]. - Strategy to improve network performance through better compliance and service delivery [9][10]. 2. **Digital Payments and Open Banking** - Estimated FY26 net revenue of £13.4 million, aiming to unify product development and accelerate new business wins [12][13]. 3. **Love2shop** - Estimated FY26 net revenue of £53.2 million, with a focus on enhancing technology and product capabilities since its acquisition in 2023 [14][15]. - Plans to leverage AI for improved marketing insights and expand distribution channels [16]. 4. **Merchant Services** - Estimated FY26 net revenue of £31.5 million, with a strategy to adapt to competitive market changes and improve merchant retention [19][20]. - Focus on high-value segments and partnerships to drive growth in Merchant Rentals and Business Finance [23][24]. FY27 Outlook - The reorganization is expected to drive significant changes in FY27, positioning PayPoint to prioritize resources for long-term growth despite market challenges [25][26]. - The outlook indicates a balanced approach between growth, cost efficiency, and recent trends in certain business units, suggesting potential for exceeding FY26 profits [27]. Future Announcements - Preliminary results for FY26 will be announced on 11 June 2026, along with further details on the reorganization and strategy [30].
JLT Mobile Computers Strengthens Defense Focus with SOFF Membership
Globenewswire· 2026-03-30 06:00
Core Insights - JLT Mobile Computers has been granted membership in SOFF, enhancing its collaboration and understanding of the defense sector's needs [1][2] - The company aims to contribute to a more resilient and technologically autonomous Europe through its robust computing solutions [2] - JLT will participate in key defense exhibitions, including Defence Expo Sweden and EUROSATORY 2026, to engage with industry leaders [2] Company Overview - JLT Mobile Computers specializes in rugged computer solutions designed for extreme environments, with over 30 years of experience [3][8] - The company designs and manufactures its products in Sweden, ensuring high quality and control over the supply chain [4] - JLT's rugged computers are built to endure harsh conditions, providing reliability where operational continuity is critical [7] Product Features - The rugged computers are modular and configurable, allowing for flexible integration into various military vehicle platforms [7] - They are designed to withstand vibration, shock, temperature fluctuations, dust, and moisture, ensuring performance in demanding environments [7] Industry Context - The membership in SOFF aligns with the European defense agenda focused on self-sufficiency and strategic autonomy [4] - JLT's participation in defense expos highlights its commitment to staying updated with the latest developments in the Swedish defense market [2]
DÉKUPLE GROUP - FULL-YEAR 2025 RESULTS: SOLID GROWTH AND IMPROVED SECOND-HALF PROFITABILITY
Globenewswire· 2026-03-30 06:00
Core Insights - The DÉKUPLE Group reported solid growth in 2025, with net sales of €242.6 million, an increase of 11.4%, and net revenue of €180.5 million, up 6.8% [2][6][10] Financial Performance - Adjusted EBITDA reached €23.7 million, reflecting a year-on-year increase of 0.8%, with a notable improvement in the second half of the year, showing a 38.4% increase compared to the first half [5][12] - Net income for the Group was €9.6 million, representing a net margin of 5.3%, down from 6.1% in 2024 [13][10] - The second half of 2025 saw a recovery in operating profitability, with an operating margin of 9.8% [12][16] Business Segments - Digital Marketing activities accounted for 71.1% of consolidated net sales, up from 65.6% the previous year, with net revenue increasing by 17.2% [7][10] - International activities contributed significantly to growth, now representing 14.1% of net revenue, compared to 5.9% in 2024, driven by acquisitions in Germany, the Netherlands, and Spain [8][10] Strategic Initiatives - The launch of the Ambition 2030 strategic plan aims to position DÉKUPLE as a European leader in communication and data marketing, focusing on technology, AI, and operational excellence [6][19] - The Group is committed to scaling its digital and international activities while developing high value-added recurring revenue streams [19][20] Dividend Proposal - The Board of Directors proposed a dividend of €0.76 per share for the 2025 financial year, to be paid out on June 19, 2026 [21]
International Petroleum Corp. Annual General Meeting to be held on May 6, 2026
Globenewswire· 2026-03-30 06:00
TORONTO, March 30, 2026 (GLOBE NEWSWIRE) -- International Petroleum Corporation (“IPC” or the “Corporation”) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that the Annual General Meeting (the “Meeting”) of holders of common shares (“Shareholders”) will be held at the offices of Blake, Cassels and Graydon LLP, Suite 3500, 855 - 2nd Street S.W., Calgary, Alberta, Canada T2P 4J8 on Wednesday, May 6, 2026 at 8:00 a.m. (Mountain time), for the following purposes: To receive the audited consolidated financ ...
Virtualware Reports Audited 2025 Results: Margin Improvement and Record Bookings
Globenewswire· 2026-03-30 05:59
Core Insights - Virtualware achieved a gross margin of 93.7% in 2025, an increase from 86.8% in the previous year, and reported an EBITDA of €672,626 with a margin of 15.53% [1][2] - The company ended 2025 with a pro forma net cash position after receiving a payment of €6.22 million, allowing for debt repayment and improved financial flexibility [5][6] Financial Performance - Audited revenues for 2025 reached €4.32 million, consistent with preliminary figures, while EBITDA improved from €598,500 (13.8% margin) in the unaudited release [2] - The gross margin expansion was attributed to an increased contribution from software and XRaaS, alongside a reduction in direct costs [3] Strategic Positioning - The VIROO XRaaS line contributed €1.95 million, with annual bookings exceeding €8 million, primarily driven by government and nuclear projects [3] - The company has a record backlog and enters 2026 with strong liquidity, operational discipline, and expanding margins, enabling selective investments [4][6] Company Overview - Founded in 2004, Virtualware specializes in enterprise software utilizing immersive and 3D technologies for various industries and educational institutions [7] - The company has expanded its market access by uplisting to Euronext Growth Paris under the ticker ALVIR in June 2025 [6]
Outcome of Subscription to Coop Pank AS Unsecured Subordinated Bonds
Globenewswire· 2026-03-30 05:30
Core Viewpoint - Coop Pank AS successfully completed its public offering of unsecured subordinated bonds, demonstrating strong investor interest and confidence in the bank's growth plans [1][3]. Offering Details - The offering included up to 10,000 unsecured subordinated bonds with a nominal value of EUR 1,000 each, a maturity date of 1 April 2037, and a fixed interest rate of 6.25% per annum, payable quarterly [2]. - The offering was oversubscribed 5.7 times, with total subscriptions amounting to EUR 57.3 million, leading to an increase in the total offering volume to EUR 15 million by adding 5,000 additional bonds [3]. Investor Participation - A total of 3,853 investors participated in the bond issue, reflecting a robust interest from both retail and institutional investors [3]. - Coop Pank prioritized its current customers and investors, allocating nearly 60% of the total offering volume to them, which indicates a strategy to strengthen customer loyalty and engagement [4]. Bond Program and Trading - This offering marks the first series under the Coop Pank bond program established in 2026, with bonds expected to be transferred to investors' accounts on or about 1 April 2026 and listed on the Baltic Bond List of Nasdaq Tallinn Stock Exchange on or about 2 April 2026 [5]. Allocation Principles - The allocation of bonds was based on specific principles, including fulfilling all subscriptions up to EUR 2,000 and prioritizing existing shareholders and customers for subscriptions up to EUR 5,000 [7].
SENO Announces Paris Expo Debut And CBD Expansion
Globenewswire· 2026-03-30 05:24
Core Insights - SENO showcased its oral thin film technology at the International Vaping Exhibition in Paris, highlighting its commitment to meet evolving regulatory expectations and consumer preferences in Europe [1][5][7] Group 1: Product Innovation and Market Demand - SENO's oral thin film technology is designed for portability, discreet use, and controlled dosing, aligning with the increasing demand for compliant nicotine delivery alternatives in Europe [3][8] - The company has invested in compliance systems and refined its product framework to meet regional standards, establishing a structured presence across multiple European markets [4][8] Group 2: Strategic Engagement and Industry Recognition - The Paris exhibition marked a significant milestone for SENO, with strong engagement from distributors and buyers from key markets such as France, Germany, and Italy, indicating a growing interest in alternative nicotine technologies [5][6] - Industry participants recognized oral thin film delivery systems as a viable addition to the smoke-free category, reinforcing SENO's positioning within this emerging segment [7][10] Group 3: Expansion into New Categories - SENO announced the debut of its CBD Concept Oral Thin Film, marking its entry into the functional film category and reflecting a strategic diversification beyond nicotine delivery systems [12][14] - The CBD concept product aims to explore use cases related to relaxation and stress management, utilizing SENO's proprietary carrier system for controlled cannabinoid delivery [13][14] Group 4: Future Growth Strategy - SENO emphasizes research and development as central to its growth strategy, with ongoing investments in formulation science and delivery technologies to support expansion into new markets and product categories [15][16] - The company aims to streamline product development and market entry processes globally while ensuring compliance across diverse regulatory environments [16][17]