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Diginex Limited Announces 57% Increase in Revenues and Transformed Balance Sheet for Fiscal Year ended March 31, 2025
Globenewswire· 2025-07-12 02:00
Core Insights - Diginex Limited reported a transformative fiscal year ending March 31, 2025, highlighted by a 57% increase in revenues and the successful completion of its IPO in January 2025 [4][5][17] - The company signed strategic agreements with professional firms to enhance future revenues and client acquisition, while also introducing AI-powered compliance solutions [4][5] - Diginex is pursuing a dual listing on the Abu Dhabi Securities Exchange to increase exposure to investors and support sustainable finance initiatives in the GCC region [4][5] Financial Performance - Total revenue for the fiscal year increased by 57% to $2.0 million, driven primarily by software subscriptions and license fees [5][8] - The net loss for the fiscal year was $5.2 million, an increase of $0.3 million compared to the previous year's loss of $4.9 million [5][24] - General and administrative expenses rose to $10.3 million, primarily due to IPO-related professional fees and share-based payments [13][24] Revenue Breakdown - Revenue from subscription and license fees increased significantly to $1.3 million from $0.4 million, while advisory fees rose modestly to $0.3 million [7][9] - Customization fees decreased to $0.4 million from $0.7 million, reflecting a strategic shift towards core product development [10][11] Balance Sheet Highlights - As of March 31, 2025, Diginex reported net assets of $4.6 million, a significant improvement from net liabilities of $23.0 million the previous year [15][23] - The company's cash position improved to $3.1 million from $0.1 million at the end of the prior fiscal year [15][23] Strategic Initiatives - Diginex signed memoranda of understanding to acquire Resulticks Group Companies and Matter DK ApS, aimed at enhancing its technology and data capabilities [5][6] - The planned acquisitions are expected to expand Diginex's AI-driven data management and sustainability analytics capabilities [6][17]
Yukon Metals Announces Issuance of Warrants to the Tū Łídlīni Dena Council in Connection With Exploration Agreement
Globenewswire· 2025-07-11 19:53
Core Insights - Yukon Metals Corp. has entered into an exploration agreement with the Tū Łídlīni Dena Council regarding the Star River project, which includes issuing 50,000 common share purchase warrants at a price of $0.58 per share for five years [1][2] Company Overview - Yukon Metals is a well-financed exploration company with a property portfolio developed over 30 years by the Berdahl family, known for their work with Snowline Gold [3] - The company's portfolio primarily consists of copper-gold and silver-lead-zinc assets, with significant gold and silver components [3] - The management team and board of directors possess expertise across various disciplines, including technical, financial, environmental, and social [3] Commitment to Community and Sustainability - Yukon Metals is dedicated to fostering sustainable growth and prosperity within local communities in Yukon while enhancing shareholder value [4] - The company's strategy emphasizes inclusiveness and shared prosperity, allowing community members and investors to benefit from its success [4] Industry Context - The Yukon ranks 10th globally for mineral potential according to the Fraser Institute's 2023 Survey of Mining Companies, indicating a favorable environment for mining exploration [5] - The region has a highly experienced local workforce and a culture of exploration that respects the land [5] - Recent discoveries, such as Snowline Gold's Rogue Project, highlight the Yukon's potential for new district-scale mining opportunities [5]
Sodexo - Interim report on liquidity contract as of June 30, 2025
Globenewswire· 2025-07-11 16:20
Regulated information Issy-les-Moulineaux, July 11, 2025 Interim report on liquidity contract as of June 30, 2025 Pursuant to the liquidity contract entrusted by Sodexo to BNP Paribas Arbitrage, the following resources were credited to the liquidity account as of June 30, 2025: 84,533 shares€10,786,761 During the 1st semester 2025, the following were traded: Bought: 412,920 shares for €26,508,699 (3,705 transactions)Sold: 353,779 shares for €22,872,331 (3,634 transactions) It is reminded that: 1° - As of D ...
Here's Why Holding Southern Company Is Justified for Now
ZACKS· 2025-07-11 13:06
Key Takeaways SO posted Q1 2025 adjusted EPS of $1.23, up 20%, with $1.4B in net income driven by higher utility revenues. The company raised its dividend for the 24th straight year and boasts 78 consecutive years of payouts. A 50 GW load pipeline and strong data center demand support growth, but come with execution risk.Southern Company (SO) stands as a major player in America’s utility industry, playing a vital role in electricity production, delivery and infrastructure. Serving millions across Georgia, ...
Barrick Mining's $2 Billion Lumwana Super Pit Expansion on Track
ZACKS· 2025-07-11 13:06
Key Takeaways Barrick is expanding Lumwana to 240,000 tons/year of copper with a new 50M ton plant. The mine has already delivered $4B in economic impact, mostly through local procurement. A REDD program tied to Lumwana will conserve 300,000 hectares and generate carbon credits.Barrick Mining Corporation’s (B) $2 billion Super Pit Expansion Project at its Lumwana mine is progressing steadily, fast-tracking its shift into a Tier One copper mine.Barrick stated that the Lumwana expansion is the result of a s ...
N2OFF Completes $1.2 million of its $2.7 million Total Commitment to Finance 196MWp Battery Energy Storage Assets in Italy
Globenewswire· 2025-07-11 12:40
Core Insights - N2OFF, Inc. has completed a $2.7 million investment for the development of two Battery Energy Storage Systems (BESS) in Sicily, Italy, each with a capacity of 98MWp/392MWh [1][3] - The combined capacity of the BESS projects is approximately 196 MWp, valued at up to $13.5 million based on an estimate of $70,000 per MW [2][3] - The projects are designed to enhance grid stability and have secured preliminary grid connection approvals from Terna SpA, with expectations to achieve Ready-to-Build (RTB) status within 18-24 months [3][4] Company Overview - N2OFF, Inc. is a cleantech company focused on sustainable energy solutions and "Agrifood" tech, recently entering the solar market and funding various projects in the EU [5] - The company has invested over $1.2 million in its 70%-owned Italian subsidiary, which is involved in the BESS projects [1][5] - N2OFF's majority-owned Israeli subsidiary, Save Foods Ltd., focuses on post-harvest treatments for fruits and vegetables to prevent pathogen contamination [5] Market Context - Italy's solar market is experiencing strong growth, supported by government incentives and increasing public awareness of sustainability [4] - Solar electricity generation in Italy is projected to reach 36.47 billion kWh in 2025, with an annual growth rate of 6.86% from 2025-2029 [4] - Italy aims for 52 GW of solar capacity by 2030 and 74.6% renewable electricity by 2050 [4]
Kalmar’s January-June 2025 half-year financial report to be published on Friday, 25 July 2025
Globenewswire· 2025-07-11 12:00
KALMAR CORPORATION, PRESS RELEASE, 11 JULY 2025 AT 15:00 PM (EEST) Kalmar's January-June 2025 half-year financial report to be published on Friday, 25 July 2025 Kalmar Corporation will publish its January-June 2025 half-year financial report on 25 July 2025 at approximately 9:00 a.m. EEST. The report will be available at www.kalmarglobal.com after publication. A live international telephone conference for analysts, investors and media will be arranged on the publishing day at 10:00 a.m. EEST. The event will ...
Bombardier’s Blazing Fast Global 7500 Jet Sets its 135th City-Pair Speed Record, the Most Ever Achieved by a Single Business Aircraft Type
Globenewswire· 2025-07-11 10:30
Core Insights - Bombardier's Global 7500 business jet has set a record of 135 speed records, the highest for any single business aircraft type [1][9] - The Global 7500 has achieved significant milestones, including the longest flight in business aviation history at 8,225 nautical miles (15,232.7 km) from Sydney to Detroit [2][9] - The upcoming Global 8000 aircraft is expected to have a range of 8,000 nautical miles (14,816 km) and a top speed of Mach 0.94, enhancing Bombardier's offerings in the ultra-long-range category [4][5] Performance Attributes - The Global 7500 features a top speed of Mach 0.925 and a baseline range of 7,700 nautical miles (14,260 km), setting a new benchmark in its category [3][9] - The aircraft's Smooth Flĕx Wing design improves aerodynamic efficiency, reduces fuel burn, and enhances safety, providing a smooth ride [3] - The Global 8000 is designed for impressive runway performance, allowing access to smaller airports that other aircraft in its category cannot reach [5] Customer Commitment - Bombardier aims to meet the needs of discerning customers by providing reliable, fast, and efficient business tools [3][6] - The company operates a fleet of over 5,100 aircraft, supported by a global network and multiple service facilities [8] - Bombardier is committed to sustainability, planning to cover all flight operations with a Sustainable Aviation Fuel (SAF) blend [10]
Bombardier's Blazing Fast Global 7500 Jet Sets its 135th City-Pair Speed Record, the Most Ever Achieved by a Single Business Aircraft Type
GlobeNewswire News Room· 2025-07-11 10:30
Industry flagship stands alone as the most decorated record-setting business jet of all time, solidifying its position as the leader of the ultra-long-range classThe record-breaking aircraft has set 135 city-pair missions, further highlighting its incredible performance attributesWith more than 200 aircraft in service achieving more than 250,000 flying hours, the proven Global 7500 sets the stage for the company’s Global 8000(2), which is ready to enter into service later this year MONTREAL, July 11, 2025 ( ...
RETRANSMISSION: HIVE Digital Technologies Exceeds 12 EH/s Milestone, Achieves $250 Million Annual Run Rate Revenue as Paraguay Expansion Progresses
Newsfile· 2025-07-11 10:00
RETRANSMISSION: HIVE Digital Technologies Exceeds 12 EH/s Milestone, Achieves $250 Million Annual Run Rate Revenue as Paraguay Expansion ProgressesJuly 11, 2025 6:00 AM EDT | Source: HIVE Digital Technologies Ltd.This news release constitutes a "designated news release for the purposes of the Company's amended and restated prospectus supplement dated May 14, 2025, to its short form base shelf prospectus dated September 11, 2024.San Antonio, Texas--(Newsfile Corp. - July 11, 2025) - HIVE Digita ...