Core Insights - Cronos Group Inc. achieved record net revenue in Q4 2025 and FY 2025, with Q4 revenue increasing by 47% year-over-year to $44.5 million and FY revenue increasing by 25% year-over-year to $146.6 million [1][2][16] - The company reported strong performance driven by consumer demand, expansion at Cronos GrowCo, and contributions from international markets [2][3] - The company maintains a robust balance sheet with $832 million in cash and cash equivalents and short-term investments [1] Financial Performance - Q4 2025 net revenue of $44.5 million increased by $14.2 million from Q4 2024, primarily due to higher cannabis flower sales in Israel and other countries [10] - Gross profit for Q4 2025 was $16.2 million, an increase of $5.4 million from Q4 2024, driven by higher average sales prices and sales volumes [10] - For FY 2025, gross profit reached $62.8 million, up $37.6 million from FY 2024, attributed to lower inventory step-up costs and higher sales prices [16] Brand and Market Position - The Spinach brand maintained a strong position in Canada, ranking 2 overall and 4 in the flower category with a market share of 5.1% [11] - SOURZ by Spinach led the edibles category with a market share of 21.7% in Q4 2025, continuing to innovate with new product launches [12] - PEACE NATURALS consistently ranked as the top cannabis brand in Israel, achieving record sales volume and revenue throughout 2025 [15] International Expansion - The PEACE NATURALS brand expanded into new international markets, including Australia, Malta, and Switzerland, significantly increasing its global footprint [17] - International revenue outside Israel grew by 68% year-over-year in Q4 2025, reflecting strong demand and normalized shipment timing [17] Strategic Acquisition - Cronos Group entered into an agreement to acquire CanAdelaar B.V. for approximately $67 million, which will enhance its strategic footprint in Europe and leverage its borderless product strategy [22][24] - CanAdelaar operates a significant greenhouse facility and has rapidly grown its market share in the Dutch cannabis market, achieving net revenue of $47.3 million in the twelve months ended September 30, 2025 [23] Operational Updates - The company reported a net loss of $0.5 million in Q4 2025, a significant decrease from net income of $43.9 million in Q4 2024, primarily due to foreign currency transaction losses [10] - Adjusted EBITDA for FY 2025 improved by $45.1 million to $10.1 million, driven by higher adjusted gross profit and lower operating expenses [16]

Consolidated Adjusted EBITDA (1)203,233Trailing Twelve Month Consolidated Adjusted EBITDA$268,058Long-term debt (as of 12/31/25)441,500Cash and cash equivalents (as of 12/31/25) (43,977)Net debt (as of 12/31/25)$397,523Net Debt to Trailing Twelve Month Consolidated Adjusted EBITDA1.5x(1) Consolidated Adjusted EBITDA for each of the quarters ended March 31, 2025, June 30, 2025 and September 30, 2025 was previously reported in a news release relating to the applicable quarter, and the reconciliation of net in ...

EDINBURG, Va., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2025 financial and operating results. Fourth Quarter 2025 Highlights Glo Fiber Expansion Markets revenue grew 39.0% over the fourth quarter of 2024 to $23.0 million.Total revenue grew 7.2% to $91.6 million.Net loss from continuing operations was $5.4 million compared to $6.2 million in the fourth quarter of 2024.Adjusted EBITDA1 grew 31.3% to $33.5 million. ...

Core Insights - Hafnia Limited reported a strong performance in Q4 2025, with a net profit of USD 109.7 million, up from USD 79.6 million in Q4 2024, driven by improved market conditions and increased clean petroleum product exports [3][4] - The company anticipates continued strength in the product tanker market for 2026, despite potential easing due to newbuild deliveries [9][20] Financial Performance - Q4 2025 net profit was USD 109.7 million (USD 0.22 per share), compared to USD 79.6 million (USD 0.16 per share) in Q4 2024 [3] - Full-year 2025 net profit totaled USD 339.7 million (USD 0.68 per share), down from USD 774.0 million (USD 1.52 per share) in 2024 [3][4] - Time Charter Equivalent (TCE) earnings for Q4 2025 were USD 259.0 million, up from USD 233.6 million in Q4 2024, with an average TCE of USD 27,346 per day [3] - Adjusted EBITDA for Q4 2025 was USD 149.7 million, compared to USD 131.2 million in Q4 2024 [3] Market Conditions - The product tanker market showed seasonal firmness in Q4 2025, supported by rising clean petroleum product exports and geopolitical developments affecting trade flows [2][14] - Geopolitical tensions, particularly in Russia and the Red Sea, continue to influence the product tanker market [2][16] - Demand fundamentals remain strong, with expectations of resilient global oil demand growth in 2026 [15][20] Fleet and Asset Management - Hafnia's fleet consisted of 114 owned vessels and 9 chartered-in vessels at the end of Q4 2025 [10] - The company is actively divesting older tonnage as part of its fleet renewal strategy, having sold several vessels in early 2026 [6] - The net asset value (NAV) at the end of Q4 2025 was approximately USD 3.5 billion, or USD 7.04 per share [5] Dividend Distribution - Hafnia announced a total dividend distribution of USD 87.7 million for Q4 2025, equating to USD 0.1762 per share, with an 80% payout ratio [7][23] - The total dividends for 2025 amounted to USD 0.5457 per share, representing a dividend yield of approximately 10% based on the share price at year-end [7]

Core Insights - Enerflex reported adjusted EBITDA of $123 million and record free cash flow of $141 million for Q4/25, with a reduction in net debt to $501 million, approximately 1.0x trailing twelve-month adjusted EBITDA [1][12][5] - The company signed an agreement to divest its operations in the Asia Pacific region, aiming to optimize and simplify its business [1][8] - Capital expenditures for 2026 are targeted between $175 million and $195 million, including $90 million to $100 million for growth opportunities [1][18] Financial Overview - Revenue for Q4/25 was $627 million, an increase from $561 million in Q4/24 but a decrease from $777 million in Q3/25, primarily due to project timing [5] - Gross margin before depreciation and amortization was $177 million, or 28% of revenue, compared to 31% in Q4/24 and 27% in Q3/25 [5][11] - Selling, general and administrative expenses (SG&A) decreased to $83 million from $92 million in Q4/24, driven by cost-saving initiatives [5][11] Operational Highlights - The Engineered Systems (ES) backlog was $1.1 billion, providing strong visibility into future revenue generation [1][8] - ES bookings in Q4/25 were $377 million, up from $301 million in Q4/24, indicating a healthy book-to-bill ratio of 1.1x [8][13] - The company continues to expand its U.S. contract compression business, with utilization stable at 94% across a fleet of approximately 483,000 horsepower [8][9] Shareholder Returns - The Board of Directors increased the quarterly dividend by 13% to CAD$0.0425 per share, payable on March 25, 2026 [8][22] - Enerflex repurchased 102,800 common shares at an average price of CAD$15.10 per share during Q4/25, totaling 2,779,000 shares repurchased since the start of its normal course issuer bid [8][21] Outlook - The preliminary outlook for 2026 indicates steady demand across business lines, supported by the highly contracted Energy Infrastructure product line, expected to generate approximately $1.3 billion in revenue [16][17] - The company aims to leverage its position in core operating countries to capitalize on expected increases in demand for its solutions [19][20]

StandardAero (NYSE:SARO) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker7Good afternoon, ladies and gentlemen. Thank you for your patience. We will get started soon.Speaker8Good afternoon. Welcome to StandardAero's fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your t ...

BRISTOW GROUP REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS [Accessibility Statement] Skip NavigationACHIEVES 2025 OUTLOOK AND DECLARES DIVIDENDHOUSTON, Feb. 25, 2026 /PRNewswire/ --Full Year Highlights:- Declared a quarterly cash dividend of $0.125 per share of common stock- Refinanced Senior Notes with an upsized $500 million transaction at a lower coupon rate of 6.75% and extended maturity of 2033- Operating cash flow of $198.4 million in 2025 compared to $177.4 million in 2024, and Adjusted Free Cas ...

CINCINNATI, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Chemed Corporation (Chemed) (NYSE: CHE), which operates VITAS Healthcare Corporation (VITAS), the nation’s largest providers of end-of-life care, and Roto-Rooter, the nation’s largest commercial and residential plumbing and drain cleaning services provider, reported financial results for its fourth quarter ended December 31, 2025, versus the comparable prior-year period. Results for Quarter Ended December 31, 2025 Consolidated operating results: Revenue was $639 ...

of 2025, and of the 250 million Pyth tokens that remain locked by the Pyth Network as of December 31, 2025. (10)One time IPO bonuses paid to certain employees and termination payments to former directors.(11)Represents expense recognized upon the extension of expiration date of certain warrants.(12)Represents write-off of the unamortized debt discount and issuance costs and payment of prepayment premium related to the repayment of the 2029 Senior Secured Term Loan.Year Ended December 31, 2024OptionsEquities ...

RICHMOND, Va., Feb. 25, 2026 (GLOBE NEWSWIRE) -- ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest operators of convenience stores and wholesalers of fuel in the United States, today announced financial results for the fourth quarter and the full year ended December 31, 2025. Fourth Quarter and Full Year 2025 Key Highlights (vs. Year-Ago Period) 1,2 Net income for the quarter increased to $1.9 million compared to a net loss of $2.3 million. For the year, net i ...