Workflow
TextMagic AS 2025 12 months consolidated unaudited interim report
Globenewswire· 2026-02-25 06:00
Core Insights - The year 2025 for TextMagic Group was marked by strategic decisions aimed at enhancing performance and operational efficiency, including the sale of a business line and the liquidation of a subsidiary [1] Financial Performance - In 2025, TextMagic Group generated revenue of €13,549 thousand, a 7% decrease from €14,533 thousand in 2024, primarily due to unfavorable exchange rates [2] - The Group recorded an operating loss of €611 thousand in 2025, compared to an operating profit of €1,844 thousand in 2024, largely due to increased depreciation and amortization expenses [3] - EBITDA for 2025 was €4,902 thousand, down from €5,939 thousand in 2024, with an EBITDA margin of 36% compared to 41% in the previous year [4] - Cash flow from operating activities was €4,085 thousand in 2025, a decrease from €5,761 thousand in 2024, indicating continued strong cash generation capabilities [4][5] Structural Changes - The sale of Edicy OÜ, which operated the Voog website and e-commerce platform, was completed in September 2025 and is classified as a discontinued operation [5] - The Romanian subsidiary TM Marketing Ops SRL was closed in November 2025, with marketing activities to be centralized at the Estonian headquarters to reduce costs and improve efficiency [6] Workforce Adjustments - The TextMagic team was reduced to 43 employees by the end of 2025, down from 79 at the end of 2024, with significant reductions occurring late in the year [7] Future Objectives - For 2026, the Group aims to improve cash flow and profitability while focusing on revenue growth and cost efficiency [8] - A key focus for 2026 will be the transformation of the marketing strategy for the TextMagic platform, emphasizing operational messaging and compliance, with an aim to enhance customer satisfaction and marketing effectiveness [9]
KALDVIK AS (KLDVK): Q4 2025 Quarterly Update
Globenewswire· 2026-02-25 06:00
Core Insights - Kaldvik AS reported an operating income of EUR 48.2 million in Q4 2025, an increase from EUR 46.8 million in the previous year [1] - The operating loss before fair value adjustment of biomass and production tax improved to EUR -10.6 million from EUR -17.5 million [1] - The total harvest for Q4 2025 was 7,943 tonnes, up from 6,668 tonnes in Q4 2024 [1] - For the full year 2025, total harvest reached 17,105 tonnes, compared to 14,965 tonnes in 2024 [1] - Kaldvik AS maintains its harvest guidance for 2026 at approximately 17,000 tonnes [1] Financial Reporting - Kaldvik AS publishes full financial statements semi-annually, including half-year and annual reports [2] Webcast Information - A webcast presentation of the Q4 2025 quarterly update is scheduled for 10:00 CET on 25 February 2026, featuring CEO Vidar Aspehaug and CFO Hjalti Hvítklett [3] - The webcast will include a Q&A session and can be accessed online [3]
Bicara Therapeutics Announces Pricing of $150 Million Public Offering of Common Stock and Pre-Funded Warrants
Globenewswire· 2026-02-25 04:13
Core Viewpoint - Bicara Therapeutics Inc. has announced a public offering of 7,175,000 shares at $16.00 per share, aiming to raise approximately $150 million to support its clinical and commercial initiatives for ficerafusp alfa, a bifunctional therapy for solid tumors [1][2]. Group 1: Offering Details - The public offering includes pre-funded warrants for 2,200,000 shares at a price of $15.9999 each, with gross proceeds expected to be around $150 million before expenses [1]. - The offering is set to close on or about February 26, 2026, pending customary closing conditions [1]. - Underwriters have a 30-day option to purchase up to 1,406,250 additional shares at the public offering price [1]. Group 2: Use of Proceeds - Net proceeds will be used to enhance medical and commercial infrastructure for a planned regulatory filing and launch of ficerafusp alfa in the U.S. [2]. - Funds will also support the development of ficerafusp alfa in first-line recurrent/metastatic HPV-negative head and neck squamous cell carcinoma, including a less frequent dosing schedule [2]. - Additional uses include covering manufacturing costs for ongoing drug development and early signal-finding for future indication expansion [2]. Group 3: Company Overview - Bicara Therapeutics is focused on developing bifunctional therapies for solid tumors, with its lead program, ficerafusp alfa, designed to penetrate tumors by overcoming barriers in the tumor microenvironment [6]. - Ficerafusp alfa combines an EGFR-directed monoclonal antibody with a domain that binds to TGF-β, aiming to reverse the fibrotic and immune-excluded tumor microenvironment [6]. - The therapy is being developed for head and neck squamous cell carcinoma and other solid tumor types, addressing significant unmet medical needs [6].
Intuitive Machines Announces Date for Fourth Quarter, Full-Year 2025 Financial Results, and Post-Lanteris Space Systems Acquisition Conference Call
Globenewswire· 2026-02-25 03:27
Core Viewpoint - Intuitive Machines, Inc. will release its financial results for Q4 and full-year 2025 on March 19, 2026, and will discuss growth opportunities following the acquisition of Lanteris Space Systems during a conference call [1]. Group 1: Financial Results Announcement - The financial results will be released before the market opens on March 19, 2026 [1]. - A conference call will be held on the same day at 8:30 am ET to discuss the results [1]. Group 2: Company Overview - Intuitive Machines is a leading space infrastructure company that builds spacecraft and operates infrastructure-as-a-service for various customers [3]. - The company has a proven track record, having built over 300 spacecraft and delivered over 260 kilograms of payload to the lunar surface [4]. - Intuitive Machines provides precision navigation expertise that has guided spacecraft across the solar system [4]. Group 3: Service Capabilities - The company offers an integrated Built-Connect-Operate infrastructure service, enabling customers to achieve mission outcomes through a single prime solution [5]. - Its technology is engineered to support the next century of opportunities in space [5].
Saisi to Exhibit at MWC2026 Barcelona: Delivering Advanced Time-Frequency & Voice Communication Solutions
Globenewswire· 2026-02-25 02:59
Core Insights - Zhejiang Saisi is a leading player in the time-frequency and communication chip sector in China, showcasing its advanced solutions at MWC2026 [1][4] - The company has independently developed high-end chips, including SLIC chips and time-frequency synchronization solutions, addressing industry bottlenecks and enhancing performance [2][3] Company Overview - Founded in 2013, Zhejiang Saisi specializes in time & frequency synchronization and communication integrated circuits, with capabilities ranging from core chips to system solutions [9] - The company is recognized as a key player in China's time-frequency industry and domestic SLIC chip sector, with products sold in over 30 countries [4][9] Product Highlights - Saisi's voice communication solutions include full FXS single/dual-channel solutions and SLIC chips (AS1630, AS2630 series) for 10G PON/FTTR devices, providing cost-effective subscriber line interface solutions [2] - The company offers end-to-end time-frequency synchronization solutions, featuring ultra-low jitter differential oscillators (25MHz~625MHz, 44fs @156.25MHz) for high-performance AI devices and 5G-A/6G base stations [3][10] Market Position and Expansion - Saisi's participation in MWC2026 signifies an important step in its global expansion strategy, inviting global partners to explore collaboration opportunities [4][6] - The company is committed to independent R&D, holding extensive intellectual property rights and engaging in industrial standard development [11]
Fairfax Launches C$650 Million Senior Notes Offering
Globenewswire· 2026-02-25 01:50
Not for distribution to U.S. news wire services or dissemination in the United States. The base shelf prospectus is accessible, and the shelf prospectus supplement for this offering will be accessible within two business days, through SEDAR+ TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it intends to offer (i) C$400 million in aggregate principal amount of Senior Notes due 2036 (the “2036 Notes”) to be priced at C$99.968 per C$1 ...
MOZAYYX Acquisition Corp. Announces the Pricing of Upsized $261,000,000 Initial Public Offering
Globenewswire· 2026-02-25 01:46
Group 1 - The Company, MOZAYYX Acquisition Corp., has announced the pricing of its upsized initial public offering (IPO) of 26,100,000 units at $10.00 per unit, with trading expected to begin on February 25, 2026 [1] - Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with separate trading expected for the Class A ordinary shares and warrants under the symbols "MZYX" and "MZYX.WS" respectively [1] - The Company has granted underwriters a 45-day option to purchase up to an additional 3,915,000 units at the IPO price to cover over-allotments [1] Group 2 - The Company is a blank check company incorporated under the laws of the Cayman Islands, aiming to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities [2] - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [2] Group 3 - Winston & Strawn LLP is serving as legal counsel to the Company, while Ellenoff Grossman & Schole LLP is legal counsel to Cantor Fitzgerald & Co. [3] Group 4 - A registration statement on Form S-1 relating to the securities has been filed with the SEC and was declared effective on February 24, 2026, with the offering being made only by means of a prospectus [4]
Alkane Advances Near-Mine Kendal Deposit with High Grade Antimony-Gold Intercepts at Costerfield
Globenewswire· 2026-02-25 01:28
Core Insights - Alkane Resources Limited announced significant exploration results from the Kendal deposit, indicating substantial high-grade mineralization potential near the Costerfield mine [1][3]. Exploration Results - The drilling results from the Kendal deposit show high-grade gold and antimony mineralization, with notable intercepts including: - 132.2 g/t gold and 19.8% antimony over 1.94m [10] - 267.5 g/t gold and 5.6% antimony over 2.3m [10] - 52.3 g/t gold and 43.1% antimony over 0.34m [18] - A total of 25 individual veins have been delineated, extending over a strike of 600m, with some veins traced for up to 500m in length and 200m in vertical extent [15]. Geological Context - The Kendal deposit is part of the Costerfield Anticline, characterized by complex structural features that have historically limited exploration effectiveness [9][11]. - The mineralization at Kendal is recognized as the up-dip continuation of the high-grade Youle and Shepherd deposits, which are currently being mined [10]. Historical Mining and Modern Operations - Historical mining at Costerfield occurred between 1861-1939, with modern operations starting in 2006 [4][5]. - The recent drilling has revealed significant veining that was previously undiscovered during historical mining activities [10]. Future Plans - The company plans to integrate the newly defined mineral resources from the Kendal system into the Costerfield resource and life-of-mine plan [26]. - Further drilling is warranted, particularly in the underexplored Costerfield Main reef, with drilling at Kendal expected to resume in 2026 [26].
PONY AI Inc. Robotaxis Deliver Strong Chinese New Year Holiday Performance with Record Paid Orders in Shenzhen
Globenewswire· 2026-02-25 01:25
Core Insights - Pony.ai has demonstrated strong operational performance in its Robotaxi services during the 2026 Chinese New Year holiday, achieving record paid order volumes in Shenzhen [1][3] Group 1: Operational Performance - During the CNY holiday, Pony.ai provided continuous Robotaxi operations across four tier-one cities in China: Guangzhou, Shenzhen, Beijing, and Shanghai, showcasing the reliability of its autonomous mobility services [2] - In Shenzhen, year-to-date cumulative paid orders as of February 16 have already surpassed the total for the entire year of 2025, driven by an expanded fleet and higher vehicle utilization, averaging 26 paid orders per vehicle per day during the nine-day holiday [3] Group 2: Strategic Expansion - The achievements during the holiday period have reinforced Pony.ai's large-scale commercial deployment of autonomous driving technology, with plans to further expand fleet size and operational coverage [4] - Pony.ai aims to bring safe and reliable autonomous mobility to a broader user base as momentum continues to build in its operations [4] Group 3: Company Overview - Founded in 2016, Pony.ai is a global leader in the mass production and commercialization of autonomous driving technology, committed to delivering safe and advanced solutions [5] - The company's strategy is centered around its proprietary world model, PonyWorld, and Virtual Driver technology, which support the development of its Robotaxi and Robotruck services [5] - Pony.ai operates in multiple regions, including China, Europe, East Asia, and the Middle East, and is among the few companies globally to achieve fully driverless commercial operations [5]
Western Announces Ratification of La-kwa sa muqw Forestry Limited Partnership and United Steelworkers Agreement
Globenewswire· 2026-02-25 00:53
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) today announced that employees represented by the United Steelworkers Local 1-1937 at La-kwa sa muqw Forestry Limited Partnership (“LFLP”) have voted to ratify a new collective agreement. The 6-year collective agreement is retroactive and expires June 14, 2030. With the collective agreement ratified, LFLP is planning a safe and immediate return to work, ending the work stoppage ...