Financial Reporting

Search documents
X @The Economist
The Economist· 2025-07-18 15:45
Really out-of-the-way places can slip through the financial-reporting cracks https://t.co/kdwHUO4j21 ...
Orion Corporation’s financial reporting and Annual General Meeting in 2026
Globenewswire· 2025-07-18 06:30
Financial Reporting Schedule - Orion Corporation will publish its Financial Statement Release for 2025 on Thursday, 12 February 2026 [1] - The Interim Reports and Half-Year Financial Report for 2026 will be published on the following dates: - Interim Report for January-March 2026: Thursday, 23 April 2026 - Half-Year Financial Report for January-June 2026: Friday, 17 July 2026 - Interim Report for January-September 2026: Wednesday, 28 October 2026 [1] Annual General Meeting - The Annual General Meeting is scheduled for Tuesday, 24 March 2026 [2] Company Overview - Orion Corporation is a Nordic pharmaceutical company with over a hundred years of experience, focusing on developing, manufacturing, and marketing human and veterinary pharmaceuticals and active pharmaceutical ingredients [2] - The company has a diverse portfolio that includes proprietary and generic medicines as well as consumer health products, with core therapy areas in oncology and pain [2] - In 2024, Orion's net sales reached EUR 1,542 million, and the company employed approximately 3,700 professionals globally [2] - Orion's A and B shares are listed on Nasdaq Helsinki [2]
Novaturas announces decision by the Bank of Lithuania
Globenewswire· 2025-07-10 13:45
Group 1 - The Bank of Lithuania has publicly disclosed that AB Novaturas submitted its audited annual financial statements later than required by law, with the reports submitted on June 9, 2025 [1] - Novaturas postponed the publication of its audited financial statements for 2024 due to extended preparation and audit processes, which aimed to ensure quality and accuracy, but these delays did not impact the 2024 results [2] - The Bank of Lithuania stated that there is no evidence the delay significantly affected third parties or the company itself, and Novaturas has acknowledged the breach and rectified the issue [3] Group 2 - The Novaturas Group is a tour operator with over 25 years of experience, offering a wide range of travel destinations from the Baltic States [4] - In 2024, Novaturas Group recorded revenues of EUR 201 million and served 239 thousand passengers across Lithuania, Latvia, and Estonia [4]
Diversified Energy Promotes Michael Garrett to Chief Accounting Officer
Globenewswire· 2025-07-02 11:01
Core Viewpoint - Diversified Energy Company PLC has promoted Michael Garrett to Chief Accounting Officer, bringing over 20 years of accounting and financial reporting experience to the role [1][2]. Company Overview - Diversified Energy Company PLC is a publicly traded energy company focused on natural gas and liquids production, transport, marketing, and well retirement [3]. - The company employs a differentiated strategy by acquiring existing, long-life assets and investing in them to enhance environmental and operational performance before retiring them safely [3]. - Diversified has been recognized for its sustainability leadership, which supports its goal of producing energy responsibly while generating reliable free cash flow and shareholder value [3]. Leadership and Responsibilities - In his new role, Garrett will oversee corporate and regulatory accounting, external financial reporting, controllership, and tax, managing a team of approximately 75 financial professionals [2]. - Garrett will report to Brad Gray, the President & Chief Financial Officer of Diversified [2]. - Brad Gray highlighted Garrett's unique background and expertise in the oil and gas sector, emphasizing his invaluable contributions to the organization [2]. Professional Background - Michael Garrett has been with Diversified since 2018, previously holding various leadership positions, including Senior Vice President and Controller [1][2]. - He has extensive experience in accounting roles at Callon Petroleum, Pfizer, and Pinnacle Airlines, with progressively higher responsibilities [2]. - Garrett holds a degree in accounting from Lambuth University and is a Certified Public Accountant (CPA) [2].
Levi & Korsinsky Announces the Filing of a Securities Class Action on Behalf of Bitfarms Ltd.(BITF) Shareholders
Prnewswire· 2025-07-01 13:00
Core Viewpoint - A class action securities lawsuit has been filed against Bitfarms Ltd. alleging securities fraud that affected investors between March 21, 2023, and December 9, 2024 [1]. Group 1: Allegations of Fraud - The lawsuit claims that Bitfarms had inadequate internal controls over financial reporting [2]. - It is alleged that the company misclassified proceeds from the sale of digital assets, categorizing them as cash flow from operating activities instead of investing activities [2]. - The complaint states that Bitfarms overstated its remediation efforts regarding material weaknesses in its internal controls related to the classification of 2021 Warrants [2]. - These errors purportedly led to misstatements in several of the company's previously issued financial statements, which may need to be restated [2]. - As a result, the public statements made by the company were deemed materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses in Bitfarms Ltd. during the specified timeframe have until July 8, 2025, to request to be appointed as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [4].
Egide: Availability of the 2024 annual financial report
Globenewswire· 2025-06-30 16:07
Core Points - Egide Group has made its 2024 Annual Financial Report available to the public and filed it with the French Financial Markets Authority (AMF) [2][3] - The statutory auditors have expressed reservations regarding the 2024 financial statements, leading to an inability to certify them [3][4] - The report includes the 2024 activity report, consolidated financial statements, annual financial statements, and statutory auditors' reports [7] Financial Calendar - The 2025 Half-Year Revenue will be reported on July 30, 2025 [5] - The Combined General Meeting is scheduled for September 10, 2025 [5] - The 2025 Half-Year Results will be released on October 20, 2025 [5] Company Overview - Egide Group specializes in hermetic packages and heat dissipation solutions for sensitive electronic components, operating in high-tech markets with significant barriers to entry [6][9] - The company has manufacturing bases in France and the United States, positioning itself as a unique player in its market niche [9]
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Bitfarms Ltd. Lawsuit - BITF
Prnewswire· 2025-06-27 13:00
NEW YORK, June 27, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Bitfarms Ltd. ("Bitfarms Ltd." or the "Company") (NASDAQ: BITF) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Bitfarms Ltd. investors who were adversely affected by alleged securities fraud between March 21, 2023 and December 9, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/bitfarms-ltd-lawsuit-sub ...
Shareholders that lost money on Bitfarms Ltd.(BITF) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2025-06-19 13:00
NEW YORK, June 19, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF).Shareholders who purchased shares of BITF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bitfarms-ltd-loss-submission-form/?id=153514&from=4CLASS PERIOD: March 21, 2023 to December ...
CODI LAWSUIT ALERT: The Gross Law Firm Notifies Compass Group Diversified Holdings, LLC Investors of a Class Action Lawsuit and Upcoming Deadline
GlobeNewswire News Room· 2025-06-18 13:27
NEW YORK, June 18, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Compass Group Diversified Holdings, LLC (NYSE: CODI). Shareholders who purchased shares of CODI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/compass-diversified-loss-submission-form/?id=153450&from=3 C ...
BITFARMS ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Bitfarms Ltd.
GlobeNewswire News Room· 2025-06-17 01:00
Core Viewpoint - A class action lawsuit has been filed against Bitfarms Ltd. for allegedly making materially false and misleading statements regarding its business and financial reporting during the class period from March 21, 2023, to December 9, 2024 [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Eastern District of New York on behalf of all individuals and entities who purchased Bitfarms securities during the specified class period [1]. - Investors have until July 8, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Bitfarms - The complaint alleges that Bitfarms maintained deficient internal controls over financial reporting [3]. - It is claimed that the company incorrectly categorized proceeds from the sale of digital assets as cash flow from operating activities instead of investing activities [3]. - The company allegedly overstated its ability to remediate material weaknesses in its internal controls related to the classification of 2021 Warrants [3]. - Errors in financial statements are said to have resulted in inaccuracies that may require restatement [3]. - The public statements made by the company during the class period are claimed to be materially false and misleading [3].