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LOBO EV Technologies Ltd. Reaches $6 Million Agreement to Supply 5,000 Electric Vehicles to U.S. Market
GlobeNewswire News Room· 2025-05-15 13:00
Core Viewpoint - LOBO EV Technologies Ltd. reaffirms its commitment to the U.S. market through a strategic partnership with a local distributor, focusing on electric vehicles for tourism, recreation, and golf courses [1][2]. Group 1: Strategic Partnership and Market Expansion - The partnership involves the local distributor purchasing and distributing 5,000 customized small four-wheeler electric vehicles, estimated to generate approximately $6 million in revenue [2]. - LOBO's phased rollout in the U.S. aims to supply sightseeing shuttles and compact golf carts, with plans to introduce a dual-power vehicle to meet long-range transportation demands [2][3]. Group 2: Financial Projections - The company anticipates full-year 2025 revenue between $28 million and $30 million, with projected net income of approximately $3 million, reflecting a year-over-year revenue growth of up to 41.5% [5]. Group 3: Global Capabilities and Innovation - LOBO plans to enhance its global capabilities by developing intelligent electric vehicle solutions tailored to local needs and establishing an overseas parts sourcing and support framework [3]. - The company is pivoting its strategic focus towards innovation-driven growth in the electric mobility sector amid current tariff challenges [3].
Apple iSports Signs Letter of Intent to Acquire AmeriCrew Inc.
Globenewswire· 2025-05-15 12:30
IRVINE, Calif., May 15, 2025 (GLOBE NEWSWIRE) -- Apple iSports Group, Inc. (OTC-QB: AAPI) ("Company" or "Apple iSports"), an entertainment, media, iGaming, and technology services company, is pleased to announce it has signed a non-binding Letter of Intent with AmeriCrew Inc., a Delaware corporation ("AmeriCrew"), a technology infrastructure and managed services company. Key Highlights Strategic and Financial Rationale Key The proposed acquisition shows Apple iSports' ability to follow through on its strate ...
IMUNON Announces Six-Month Data Showing Durability of Protection for Next-Generation DNA Vaccine Platform in Phase 1 Clinical Trial in COVID-19
Globenewswire· 2025-05-15 12:05
Core Insights - IMUNON, Inc. announced promising results from its Phase 1 clinical trial of IMNN-101, a DNA plasmid vaccine utilizing the PlaCCine technology platform, demonstrating better durability and safety compared to mRNA vaccines [1][2][4] Group 1: Clinical Trial Results - The Phase 1 trial involved 24 healthy volunteers and showed that IMNN-101 provided a durable immune response, with a median increase of up to 3-fold in serum neutralizing antibody titers at six months post-vaccination [1][6] - The highest observed increase in neutralizing antibody titers among participants was 8-fold from baseline, indicating a strong immune response [1][4] - IMNN-101 was well tolerated with no serious adverse effects reported, reinforcing its safety profile [1][2] Group 2: Technology and Competitive Advantages - The PlaCCine technology platform offers several advantages, including stability at workable temperatures and ease of manufacturing compared to existing mRNA vaccines [2][5] - IMNN-101 is designed to accommodate single or multiple antigens, providing flexibility in vaccine development [5] - The vaccine demonstrated cross-reactivity against the Omicron XBB1.5 variant and other newer variants, indicating its potential effectiveness against emerging pathogens [4][6] Group 3: Future Development and Strategic Goals - The company is in discussions for further development of the PlaCCine platform for prophylactic vaccines, aiming for long-term strategic partnerships to advance these technologies [2][3] - IMUNON's broader goal is to expand its vaccine toolkit to address unaddressed infectious diseases and reduce hospitalizations [3][8] - The company is also advancing its other clinical programs, including IMNN-001 for advanced ovarian cancer, showcasing its commitment to innovative treatments [7][8]
Cerro de Pasco Resources to Pursue Secondary Listing on the Lima Stock Exchange
Globenewswire· 2025-05-15 11:45
MONTRÉAL, May 15, 2025 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (TSXV: CDPR) (OTCMKTS: GPPRF) (FRA: N8HP) (“CDPR” or the “Company”) is pleased to announce that it will pursue a secondary listing of its shares on the Lima Stock Exchange (Bolsa de Valores de Lima, “BVL”) as part of its strategy to expand its presence in Latin America and increase visibility among regional investors. The Company’s primary listing will remain on the TSX Venture Exchange (TSXV). The Company has retained Kallpa Securitie ...
PyroGenesis Confirms Successful Collection of Material from Fumed Silica Pilot Plant Baghouse
Globenewswire· 2025-05-15 11:30
Material sent to 3rd party lab for analysisMONTREAL, May 15, 2025 (GLOBE NEWSWIRE) -- PyroGenesis Inc. (“PyroGenesis”) (http://pyrogenesis.com) (TSX: PYR) (OTCQX: PYRGF) (FRA: 8PY1), a high-tech company that designs, develops, manufactures and commercializes all-electric plasma processes and sustainable solutions to support heavy industry in their energy transition, emission reduction, commodity security, and waste remediation efforts, announces today that further to its news release dated May 13, 2025, and ...
24Social Introduces Tools to Drive Organic Engagement on Social Media Platforms Like Facebook and TikTok
Newsfile· 2025-05-15 07:05
24Social Introduces Tools to Drive Organic Engagement on Social Media Platforms Like Facebook and TikTok24Social, a leader in ethical social media engagement, launches tools to boost organic growth and visibility on platforms like Facebook and TikTok. These tools help businesses drive real interactions, follow platform guidelines, and avoid fake engagement or misleading tactics for sustainable digital success.May 15, 2025 3:06 AM EDT | Source: PlentisoftBangkok, Thailand--(Newsfile Corp. - May ...
DoubleVerify (DV) FY Conference Transcript
2025-05-14 20:02
DoubleVerify (DV) FY Conference May 14, 2025 03:00 PM ET Speaker0 Okay. Good afternoon everyone. I am Mark Murphy, head of software research with JPMorgan. Great pleasure to be here with Mark Zagorski who is CEO of Double Verify and Nicola Alais who is CFO of the company. So first off, welcome to the conference and thank you so much. It's great privilege and thank you for making the trip. Speaker1 Of course, of course, thanks. Speaker0 Do you want to give a quick one liner mark perhaps just for the benefit ...
Outfront Media (OUT) FY Conference Transcript
2025-05-14 19:20
Outfront Media (OUT) FY Conference Summary Company Overview - **Company**: Outfront Media - **Event**: FY Conference held on May 14, 2025 - **Key Speakers**: Interim CEO Nick Bryan, EVP and CFO Matt Siegel Core Industry Insights - **Industry**: Out of Home (OOH) Advertising - **Market Position**: Outfront Media is positioned as a leader in the OOH advertising space, focusing on enhancing its value proposition to marketers and improving operational efficiencies. Key Points and Arguments Leadership and Experience - Nick Bryan has over 35 years of experience in the advertising agency sector, emphasizing the value of OOH advertising in brand building and growth [4][6][7]. Strategic Imperatives 1. **Sales Strategy and Culture**: Focus on changing the sales strategy and organizational culture to align with market demands [6][7]. 2. **Technology and Automation**: Emphasis on improving systems and technology for better automation and process efficiency [7]. 3. **Attracting Non-OOH Advertisers**: Targeting large multinational brands that currently underutilize OOH advertising [7][27]. 4. **Operational Efficiency**: Aiming for high operational efficiency across all initiatives [7]. Marketing and Measurement Challenges - OOH advertising is perceived as undervalued and poorly marketed, leading to a decline in its share of total media spend [4][9]. - The need for improved measurement metrics, including reach and frequency, to enhance the effectiveness of OOH advertising [9][13][16]. - The industry must focus on providing clear Return on Advertising Spend (ROAS) and incrementality metrics to attract sophisticated marketers [9][16]. Market Trends and Performance - Q1 2025 saw a 4% increase in national advertising but a 3% decline in local advertising [35]. - The company is optimistic about Q2 trends, with 90% of the quarter booked and 70-75% visibility for the year [37][40]. - The West region, particularly LA, faces challenges but shows potential for recovery with upcoming entertainment events [45]. Financial Strategy and Outlook - Outfront Media is focusing on structural improvements to enhance profitability and operational agility [34]. - The exit from low-margin contracts in New York and Los Angeles is part of a strategy to improve EBITDA margins [46][47]. - Digital conversions are targeted at 100-150 units per year, with a consistent internal rate of return (IRR) of around 25% [62][64]. Future Growth and M&A Strategy - The focus for 2025 is on transformation and operational excellence, with modest M&A opportunities considered for future growth [67][68]. - Potential areas for M&A include technology, systems, and partnerships in the experiential space [68]. Additional Important Insights - The company recognizes the need to integrate OOH advertising into the broader marketing mix, emphasizing its role in brand building and consumer engagement [22][33]. - There is a significant opportunity in the retail sector, as retailers increasingly seek to become media owners [28][30]. - The company is aware of macroeconomic uncertainties but remains confident in its operational resilience and market position [41][43]. This summary encapsulates the key discussions and insights from the Outfront Media FY Conference, highlighting the company's strategic focus, market challenges, and future growth opportunities.
Criteo (CRTO) FY Conference Transcript
2025-05-14 19:20
Summary of Criteo Conference Call Company Overview - **Company**: Criteo - **Industry**: E-commerce, Digital Marketing, Media Monetization - **CEO**: Michael Komosinski, who joined earlier this year, previously held leadership roles at Dentsu and Merkel [2][3] Key Points and Arguments Competitive Advantages - Criteo is an independent ad tech player, providing value on both supply and demand sides of retail media [9] - The company has an unmatched supply footprint due to its early market entry with the Commerce Yield monetization platform [10] - Criteo's strategy focuses on reaccelerating growth, improving durability, and enhancing performance media execution [12] Growth Strategy - The company aims to identify white space in product segments and develop products rapidly to achieve consistent results [13] - Near-term opportunities include expanding product offerings in performance media and retail media, such as on-site video and native advertising [14][15] - Long-term goals involve advancements in technology for more efficient retail supply purchasing [15] Market Trends - The advertising industry is moving towards AI-driven automated marketing platforms, with Criteo's Commerce Go tool driving significant campaign volume growth [23][24] - The company reported a 45% quarter-on-quarter growth in its Commerce Audience segment [19] - Social media integrations, particularly with Meta, have shown a 40% sequential growth in 1Q [21] Financial Performance - Criteo maintains a 25% adjusted EBITDA margin guide, with a commitment to growth investments despite a lower revenue base [43] - The company is focused on organic growth and opportunistic M&A to accelerate its roadmap [46] Challenges and Risks - There are signs of softer macro trends affecting client spending, particularly in discretionary categories [41] - The company has reduced scope with its largest client, but believes this situation is unique and not likely to spread [38][40] Future Outlook - Criteo sees a $50 billion serviceable available market (SAM) by 2027 in retail media [29] - The company is optimistic about the integration with Microsoft advertising and expects to make announcements regarding this in the near future [33][34] Additional Important Content - The CEO emphasized the importance of execution and reliability in delivering consistent results to investors [12] - Criteo's focus on AI and data assets positions it well for future developments in the agentic shopping experience [27][28] - The company continues to repurchase shares as part of its capital allocation strategy, balancing growth investments with shareholder returns [46][47]
Pharvaris (PHVS) 2025 Conference Transcript
2025-05-14 16:40
Pharvaris (PHVS) 2025 Conference May 14, 2025 11:40 AM ET Speaker0 My name is Jeremiah Lorenz. I'm one of the Equity Research Analysts here at Bank of America. It's my pleasure to introduce our next presenting company, Farveris. Today, we'll be joined by CEO, Bernd Modig. Bernd, take it away. Speaker1 Yes. Thank you, and welcome and good morning to Farveris. And I'm going show you a brief presentation. It's only fifteen minutes. So if you have questions or want to follow-up, we invite you to reach out to us ...