Toronto, Ontario--(Newsfile Corp. - October 6, 2025) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") (the "Company" or "Appia") is pleased to announce it has signed an agreement for a three-month European advertising and investor awareness campaign with Aktiencheck.de AG. and its principal, Stefan Lindam, both arm's length parties to the Company. Based in Bad Marienberg, Germany, Aktiencheck.de AG will provide up to 5 editorial w ...

Working Capital - Companies require working capital for operational activities [1] - An excessive increase in financing for working capital could pose a challenge [1]

Cybersecurity Industry Insights - Cyberattacks are a primary concern for CFOs, with cybersecurity professionals experiencing increased stress due to the complexity of threats and ongoing risks [1][2] - A survey by ISACA revealed that two-thirds of cybersecurity experts find their roles more stressful than five years ago, with 63% citing the complexity of the threat landscape as the main stressor [2][3] - 43% of respondents believe an attack on their organization is likely within the next year, while only 41% are confident in their teams' incident-response capabilities [3][4] Types of Cyberattacks - The most common type of attack reported is social engineering (44%), followed by exploited vulnerabilities (37%) and malware (36%) [4] - Approximately one-third of cybersecurity professionals reported an increase in incidents this year [4] Staffing and Training Challenges - The cybersecurity sector faces persistent understaffing, with 55% of teams short-staffed and 65% having unfilled roles [7] - There is a decline in organizations training non-security staff for cybersecurity positions [7] AI in Cybersecurity - AI is increasingly utilized in cybersecurity, with 47% of respondents involved in developing AI governance practices, up from 35% last year [10] - The primary applications of AI in security operations include threat detection, endpoint security, and automating routine tasks [10] - Experts emphasize the need for human oversight in AI to avoid bias and errors in decision-making [9] CFOs and Working Capital Management - CFOs are leveraging working capital to unlock trapped cash and pursue market opportunities, even amid economic uncertainty [13][14] - The approach of using working capital strategically leads to higher operational efficiency and resilience during volatility [17] - Organizations led by strategic planners outperform their peers in operational efficiency and supplier integration [17]

Core Insights - Wellgistics Health, Inc. has launched a new capital access program in partnership with RxERP Financial, aimed at enhancing cash flow and supply chain resilience for pharmacies and wholesalers [1] Group 1: Program Details - The program offers financial support of up to $350,000 per pharmacy and $1 million per wholesaler or manufacturer [1] - The funding is facilitated through trusted third-party financing partners [1] Group 2: Company Overview - Wellgistics Health, Inc. is recognized as a leader in next-generation pharmaceutical distribution, digital prescription routing, and AI-powered hub fulfillment [1]

Infrastructure Investment in the Creative Space - Lack of capital investment in infrastructure disadvantages African creatives [1] - Increased capital flow towards infrastructure positively impacts the sector by lowering production costs and improving access to spaces [1] - Infrastructure includes both physical (studio, event spaces) and digital infrastructure [2] - Underinvestment in infrastructure is a significant issue [2] HEVA Fund's Investment Strategy - HEVA Fund channels investments towards infrastructure [4] - Working capital is a prominent gap for creative businesses, especially for production and expansion [4] - Traditional banks are slow or inaccessible for creative businesses' working capital needs [5] - HEVA Fund invests in working capital directly to businesses, especially for local purchase orders [5][6] - HEVA Fund aims to unlock working capital challenges for creatives operating on e-commerce and aggregator platforms [6]

Financial Data and Key Metrics Changes - For Q2 2025, the company reported revenue of $1.53 billion, a 13.5% increase from $1.35 billion in Q2 2024, with 11.5% of this growth being organic [19][20] - Adjusted EBITDA rose to $205 million, reflecting a 20% increase year-over-year, with adjusted EBITDA margins expanding by 80 basis points to 13.4% [20][29] - Net income increased significantly to $68 million from $5 million in the prior year, driven by higher sales and expanding margins [20] Business Line Data and Key Metrics Changes - Engine Services revenue increased by $139 million to $1.35 billion, representing 11.5% growth, driven by strong aftermarket activity and production ramp-up in commercial aerospace [21] - Component Repair Services revenue grew by 31% year-over-year to $178 million, with adjusted EBITDA increasing by 50% and margins expanding to a record 29% [23][24] Market Data and Key Metrics Changes - Commercial aerospace sales grew 14% year-over-year, with strong demand for engine aftermarket services [7] - Business aviation sales increased by 9%, driven by demand for midsize and super midsize business jets [8] - Military sales grew by 12%, supported by the AeroTurbine acquisition and growth in specific military programs [8] Company Strategy and Development Direction - The company is focused on expanding its LEAP program, enhancing CFM56 and CF34 capacity, and improving component repair services [10][17] - The company aims to maintain a disciplined approach to capital allocation, combining organic investments with strategic M&A opportunities [17][18] - The expansion of the Augusta facility is expected to add 60% capacity and create approximately 100 new jobs [16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strong demand environment and the company's ability to navigate supply chain challenges [31] - The company is increasing its 2025 revenue guidance to between $5.875 billion and $6.025 billion, reflecting continued strong demand across core end markets [28][30] - Adjusted EBITDA guidance has also been raised to a range of $790 million to $810 million, driven by better-than-expected margins [28] Other Important Information - The company expects free cash flow for 2025 to be in the range of $155 million to $175 million, with a strong cash conversion cycle anticipated in the second half of the year [25][30] - The company’s leverage improved to 2.99 times net debt to EBITDA, down from 5.4 times in 2024 [27] Q&A Session Summary Question: Thoughts on revenue cadence in Engine Services - Management confirmed that revenue growth expectations remain strong, particularly for the CF34 program, and expressed confidence in the second half guidance [38] Question: Margin dilution from new programs - Management indicated that margin expansion would have been greater without the ramp programs, but losses are narrowing significantly [41] Question: Growth dynamics for LEAP, CFM56, and CF34 - Management explained that LEAP is being carefully ramped up for precision, while CF34 is expected to see increased work due to aging engines [46][49] Question: Engine exchange program details - Management clarified that the engine exchange program involves a one-time investment and is designed to be self-funding over time [59][112] Question: Cash flow expectations for the second half - Management expects strong free cash flow driven by the unwinding of working capital and improved collections [100][102]

Financial Data and Key Metrics Changes - In Q2 2025, Endeavor Silver reported revenue of $85 million, a 46% increase compared to the prior year, driven by higher precious metal prices and increased production [6] - The company produced 1.5 million ounces of silver and 7,800 ounces of gold, totaling approximately 2.5 million silver equivalent ounces, representing a 13% increase compared to 2024 [5] - Mine operating cash flow before working capital changes rose by 21%, while cash costs were $15.35 per ounce of payable silver, and all-in sustaining costs were $25.26 per ounce [6] - The company reported a net loss of $20 million for the period, primarily due to operating losses during the commissioning of Terronera and increased general and administrative expenses [6][7] Business Line Data and Key Metrics Changes - The integration of the newly acquired Colpa mine is ongoing, with production expected to align with historical performance of approximately 5 million silver equivalent ounces annually [9] - The company anticipates achieving an annualized production profile of 20 million silver equivalent ounces by 2026, combining output from Terronera, Guanacevi, and Bolanitos [10] Market Data and Key Metrics Changes - As of June 30, the company's cash position was $52 million, but working capital was negative, which is by design as Terronera approaches commercial production [7] - The company is focusing on optimizing throughput and recovery rates at Terronera, with throughput averaging between 1,900 and 2,000 tons per day and silver and gold recoveries averaging 71% and 67%, respectively [7][16] Company Strategy and Development Direction - The company is focused on achieving commercial production at Terronera and integrating the Colpa acquisition, which is expected to enhance its position as a leading mid-tier silver producer [5][8] - Management is exploring additional acquisition opportunities but emphasizes the need for a breather to ensure Terronera reaches commercial production and generates positive cash flow [23][24] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in the ramp-up of Terronera, targeting commercial production by the end of July 2025, and expects recoveries to improve as operational adjustments are made [16][29] - The company anticipates working capital to improve in the second half of the year as cash flows from Terronera are realized [44] Other Important Information - The company is advancing the Pitoria project, focusing on upgrading inferred resources and obtaining necessary permits for tailings dam and economic studies [10][78] - The integration of the Colpa mine is expected to take time, with management working on validating historical resources before providing production guidance [9][75] Q&A Session Summary Question: Update on commercial production at Terronera - Management indicated that the ramp-up is progressing well, with recoveries expected to align with historical averages as operational adjustments are made [16][29] Question: Operating costs at Colpa - Management noted that integration costs are impacting current operating costs but expects them to align with historical performance as operations stabilize [30][32] Question: Hedging strategy moving forward - The company prefers not to hedge precious metals, focusing instead on providing exposure to silver price movements for shareholders [41][42] Question: Exploration potential at Colpa - Management is reorganizing the exploration team to adopt a more systematic approach to exploration, with results expected soon [55][56] Question: Timeline for updated technical report for Colpa - An updated technical report is anticipated by mid-2026, as validation of historical resources is underway [75][76]

Overview - Revolving loan facilities provide businesses with flexible credit options [1] - These facilities are beneficial for managing fluctuating working capital needs [1]

2Q25 Conference Call August 1, 2025 00 2Q25 – HIGHLIGHTS | | Business diversification and | Quarterly growth of 5% in | Solid cash and gross debt | | --- | --- | --- | --- | | | an assertive commercial | adjusted EBITDA in 2Q25, reaching | management resulted in | | | strategy generate resilience | | further deleveraging in the | | | and solid performance | R$ 2.6 billion | quarter | | | EBITDA growth in all segments | Adjusted EBITDA margin of 23.5% | Indicator reached 3.24x, down 9 | | | except mining due ...

Core Insights - Environmental Tectonics Corporation (ETC) reported significant financial growth in fiscal 2025, with net sales reaching $62.9 million, a 45.3% increase from $43.3 million in fiscal 2024, and net income rising to $13.1 million from $1.8 million in the previous year, reflecting strong performance across all business units [2][3][4]. Financial Performance - **Net Income**: The net income for fiscal 2025 was $13.1 million, or $0.75 diluted earnings per share, compared to $1.8 million or $0.09 diluted earnings per share in fiscal 2024, marking an increase of $11.2 million [3][11]. - **Net Sales**: Net sales increased by $19.6 million to $62.9 million in fiscal 2025, driven by higher international sales of $13.4 million and domestic sales of $6.2 million [4][32]. - **Gross Profit**: Gross profit rose to $18.5 million, a 48.7% increase from $12.5 million in fiscal 2024, with a gross profit margin of 29.4% compared to 28.8% in the prior year [5][32]. - **Operating Expenses**: Operating expenses increased to $10.3 million, an 8.1% rise from $9.5 million in fiscal 2024, primarily due to higher sales and marketing expenses [6][32]. - **Interest Expense**: Interest expense increased to $1.2 million from $0.9 million in fiscal 2024, reflecting higher borrowing costs [7][32]. - **Income Tax Benefit**: An income tax benefit of $5.6 million was recorded in fiscal 2025, compared to $0.1 million in fiscal 2024, due to the reversal of a valuation allowance against deferred tax assets [10][32]. Fourth Quarter Results - **Net Income**: In the fiscal 2025 fourth quarter, net income was $7.6 million, or $0.45 diluted earnings per share, compared to $2.8 million or $0.17 diluted earnings per share in the same quarter of fiscal 2024 [11][33]. - **Net Sales**: The fourth quarter net sales were $19.1 million, a 16.4% increase from $16.4 million in the fourth quarter of fiscal 2024 [12][33]. - **Gross Profit**: Gross profit for the fourth quarter was $4.7 million, a decrease of 14.5% from $5.5 million in the prior year, with a gross profit margin of 24.6% compared to 33.5% [13][33]. - **Operating Expenses**: Operating expenses in the fourth quarter were $2.7 million, a 6.1% increase from $2.5 million in the same quarter of fiscal 2024 [14][33]. - **Interest Expense**: Interest expense for the fourth quarter was $0.6 million, up 146.6% from $0.2 million in the fourth quarter of fiscal 2024 [15][33]. - **Income Tax Benefit**: An income tax benefit of $5.7 million was recorded in the fourth quarter, compared to $0.2 million in the same quarter of fiscal 2024 [18][33]. Liquidity and Capital Resources - As of February 28, 2025, the company had $2.2 million available under its PNC Revolving Line of Credit, with working capital increasing to $19.7 million from $8.7 million a year earlier [19][20]. - The company entered into a Financing and Security Agreement with Coeur Capital, Inc., providing a line of credit of up to $3.0 million, with full availability as of February 28, 2025 [20]. Cash Flow Analysis - **Operating Activities**: Cash flows used by operating activities were $3.9 million in fiscal 2025, an increase from $3.7 million in fiscal 2024 [21]. - **Investing Activities**: Cash flows from investing activities provided $3.6 million in fiscal 2025, compared to a usage of $0.3 million in fiscal 2024, primarily due to the sale leaseback of demonstration equipment [22]. - **Financing Activities**: Financing activities provided $1.7 million from borrowings under the company's credit facility in fiscal 2025, compared to $2.7 million in fiscal 2024 [23].