Euronext N.V. Annual General Meeting results          Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 15 May 2025 – Euronext announced that in its Annual General Meeting (AGM) that took place today, all resolutions with the exception of voting item 1 (advisory vote) were approved. The voting items were as follows: Proposal to adopt the 2024 remuneration reportProposal to adopt the 2024 financial statementsProposal to adopt a dividend of €2.90 per ordinary shareProposal to discharge the members ...

Euronext N.V. Annual General Meeting results Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 15 May 2025 – Euronext announced that in its Annual General Meeting (AGM) that took place today, all resolutions with the exception of voting item 1 (advisory vote) were approved. The voting items were as follows: Proposal to adopt the 2024 remuneration reportProposal to adopt the 2024 financial statementsProposal to adopt a dividend of €2.90 per ordinary shareProposal to discharge the members of the ...

Core Viewpoint - HIVE Digital Technologies has surpassed 8 EH/s of Bitcoin mining hashrate and is on track to reach 25 EH/s by Q4 2025, driven by the completion of a hydro-powered facility in Paraguay [2][3]. Group 1: Company Growth and Expansion - HIVE has achieved a total operating hashrate of 8.3 EH/s and aims to reach 11.5 EH/s by the end of June 2025 [2][4]. - The company plans to expand its capacity to 18 EH/s by Q3 2025, with additional infrastructure coming online in Paraguay [3][4]. - HIVE's second 100 MW facility in Paraguay is expected to be completed this summer, facilitating growth from 11.5 EH/s to 18 EH/s [3]. Group 2: Financial Performance and Revenue Potential - At 18 EH/s, HIVE anticipates mining approximately 10 Bitcoin per day, potentially generating nearly US$1,000,000 in daily revenue with Bitcoin prices over US$100,000 [4]. - HIVE's average cost of Bitcoin production is projected to decrease by 10-20% by autumn 2025 due to lower energy prices and improved fleet efficiency [4]. Group 3: Strategic Use of Bitcoin Treasury - HIVE has utilized a portion of its Bitcoin treasury to acquire next-generation ASIC mining equipment, securing an option to repurchase Bitcoin at US$87,000 per BTC [5][6]. - The company currently holds 610 BTC in its treasury and aims to rebuild its holdings while expanding its mining capacity to 25 EH/s [7]. - HIVE's strategy involves deploying BTC mined at lower prices to fund growth while retaining the option to reclaim BTC as prices appreciate [7]. Group 4: Operational Efficiency - HIVE is expected to achieve a global fleet efficiency of 20 J/TH at 11.5 EH/s and 19 J/TH at 18 EH/s, leading to reduced energy requirements per Bitcoin mined [4]. - The company is committed to scaling operations responsibly with green energy, enhancing its environmental footprint [8].

HIVE Digital Technologies Surpasses 8 EH/s of Bitcoin Hashrate and Secures ASIC Orders to 25 EH/sMay 15, 2025 1:00 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. - May 15, 2025) - HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE ...

Financial Data and Key Metrics Changes - The company reported a net profit of $24 million for Q3 FY 2025, reflecting a 28% growth quarter on quarter [5][66] - Revenue reached a record $148 million for the quarter, up 24% from approximately $120 million in Q2 [17][66] - Adjusted EBITDA increased from $62 million in Q2 to $83 million in Q3, marking a 32% rise [18][66] - The average operating hash rate grew by 30% from 22.6 exahash to 29.4 exahash [66] Business Line Data and Key Metrics Changes - The Bitcoin mining segment averaged 29.4 exahash of operating capacity, representing a nearly 5x uplift year on year [6][12] - The AI cloud segment saw a 33% quarter on quarter revenue growth, with hardware profit margins of 97% [33][66] - The company achieved an all-in cash cost of $41,000 per Bitcoin mined, compared to a realized revenue of $93,000 per Bitcoin, resulting in a gross profit of approximately $52,000 per Bitcoin [15][16] Market Data and Key Metrics Changes - The company is on track to reach 50 exahash of installed capacity by June 30, 2025, which would represent a 4x increase from 10 exahash in June 2024 [7][19] - The company reported a cumulative average growth rate of 361% in installed hash rate since December 2022 [20] Company Strategy and Development Direction - The company is focusing on value-accretive investments in both Bitcoin mining and AI infrastructure, pausing further mining expansion to allocate capital towards AI [7][24] - The AI data centers are advancing with significant build-outs, including a 50 megawatt liquid-cooled data center and a 2 gigawatt flagship data center hub in West Texas [9][58] - The company aims to maximize return on invested capital, particularly in the AI vertical, while maintaining a disciplined capital allocation strategy [10][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the continued earnings momentum into fiscal Q4, driven by key growth initiatives [6][11] - The company highlighted the importance of maintaining margins and operational efficiency despite macroeconomic headwinds [12][14] - Management noted that the demand for AI compute is expected to triple in the next five years, indicating a significant growth opportunity [36][38] Other Important Information - The company plans to transition to U.S. domestic issuer status from July 1, 2025, aligning its reporting with U.S. GAAP [10] - The company has $160 million in cash on the balance sheet and estimates a net funding requirement of up to $250 million for growth initiatives [63][64] Q&A Session Summary Question: How should we think about your appetite to fill out the available capacity of Prince George and growth beyond that? - Management indicated a focus on capital and risk-adjusted returns, preferring to match debt with customer contracts for growth in the AI cloud vertical [72][75] Question: At what stage could it make sense to bring a partner in for joint ventures? - Management acknowledged the need for further partners for project financing and equity, especially for large-scale developments like Sweetwater [76][77] Question: Can you provide details on the performance of your AI cloud business from an uptime and utilization perspective? - Management stated that they track a full range of metrics and receive positive feedback from customers regarding uptime and performance compared to other providers [82][84] Question: What milestones or signals are you looking for to indicate progress towards formal agreements at Horizon One? - Management mentioned ongoing advanced negotiations with multiple customers and expressed confidence in contracting ahead of commissioning in Q4 [86][88]

Financial Data and Key Metrics Changes - The company reported a net profit of $24 million for Q3 FY 2025, reflecting a 28% growth quarter on quarter [5][18] - Revenue reached a record $148 million for the quarter, up 24% from approximately $120 million in Q2 [5][18] - Adjusted EBITDA increased from $62 million to $83 million, marking a 32% rise [18][71] - The average operating hash rate grew to 29.4 exahash, a 30% increase from the previous quarter [14][71] Business Line Data and Key Metrics Changes - The Bitcoin mining segment averaged 29.4 exahash of operating capacity, representing a nearly 5x uplift year on year [6][14] - The AI cloud segment saw a 33% quarter on quarter revenue growth, with hardware profit margins of 97% [35] - The company is on track to reach 50 exahash of installed capacity by June 30, 2025, a 4x increase from 10 exahash in June 2024 [7][20] Market Data and Key Metrics Changes - The company noted a 326% year on year hash rate growth against a 40% increase in network difficulty, indicating market share gains [14] - The global AI data center demand is projected to grow three and a half times in the next five years, necessitating new infrastructure [40] Company Strategy and Development Direction - The company is focusing on value-accretive investments in both Bitcoin mining and AI infrastructure, pausing further mining expansion to allocate capital towards AI [7][25] - Significant build-outs are underway for AI data centers, including a 50 megawatt liquid cooled data center and a 2 gigawatt flagship hub in West Texas [9][62] - The company aims to transition to U.S. domestic issuer status to align reporting with U.S. GAAP and reflect its increased U.S. asset footprint [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued earnings momentum into fiscal Q4, driven by key growth initiatives [6] - The company is practicing disciplined capital allocation amid broader market volatility, emphasizing the importance of cash flow from Bitcoin mining to fund AI growth [11][25] - Management highlighted the competitive advantage in securing large-scale sites and power capacity to meet rising AI infrastructure demand [44][62] Other Important Information - The company is transitioning to U.S. GAAP reporting from July 1, 2025, which will impact the accounting for convertible notes and other financial instruments [74] - The company has $160 million in cash on the balance sheet, supporting its growth plans [67] Q&A Session Summary Question: How should we think about your appetite to fill out the available capacity of Prince George and growth beyond that? - The company is focused on capital and risk-adjusted returns, looking to match debt with customer contracts for growth in AI cloud services [79] Question: At what stage could it make sense to bring a partner in for joint ventures? - The company may need to bring in partners for project financing and debt, especially for large-scale developments like Sweetwater [81] Question: How is the AI cloud business performing in terms of uptime and utilization? - The company tracks a full range of metrics and receives positive feedback from customers, indicating strong performance compared to industry norms [90] Question: What milestones are you looking for to indicate progress towards formal agreements at Horizon One? - The company is in advanced negotiations with several customers and expects to finalize contracts ahead of commissioning in Q4 [94]

Earnings Presentation First Quarter 2025 May 2025 Delivering Sustainable Infrastructure Solutions Disclaimer This presentation is being delivered on behalf of Shimmick Corporation (the "Company"). The sole purpose of this presentation is to provide information in connection with a review of the Company's operations and/or financial status. This presentation does not purport to be all-inclusive or to contain all of the information that prospective investors may desire in reviewing the Company. Other than sta ...

Q3 FY25 Financial Highlights - Record revenue of $148.1 million[18] - Record Adjusted EBITDA of $83.3 million[18] - Record EBITDA of $82.7 million[18] - Profit After Tax of $24.2 million[18] Bitcoin Mining Operations - Average Operating Hashrate of 29.4 EH/s[18] - Target installed capacity of 50 EH/s by June 30, 2025[18] - Pausing further mining expansion at 50 EH/s to focus on AI opportunities[18] - Best-in-class fleet efficiency at 15 J/TH[24] - Low electricity costs at 3.3 c/kWh at Childress power price[24] - Illustrative Adjusted EBITDA of $588 million at 50 EH/s (assuming $95k Bitcoin price)[29] - 326% YoY hashrate growth[26] AI Cloud Services - Launched IREN Cloud in August 2023 and scaled to 1,896 H100 & H200 GPUs[38] - AI Cloud revenues scaling with strong margins and 33% QoQ revenue growth[45] - 97% Hardware profit margin for AI cloud service[46] - Annual run-rate revenue of $28 million[49] AI Data Center Expansion - Horizon 1: Up to 50MW (IT load) liquid-cooled capacity targeting Q4 2025 delivery with $6-7 million forecast capex per MW of IT Load[18, 75] - Sweetwater 1: 1.4GW April 2026 energization[18] - Sweetwater: 2GW of high-voltage power across >1,800 acres[83] Financial Position - $160 million cash as of April 30, 2025[89] - Up to $250 million expected net funding requirement during 2025[89]

Core Insights - Castor Maritime Inc. reported a significant decrease in total vessel revenues and net income for the year ended December 31, 2024, compared to 2023, primarily due to reduced operational capacity and lower charter rates [6][7][44] - The company completed the acquisition of MPC Capital, marking a strategic move into the asset management sector, which is expected to diversify income streams and support future growth [3][29] - The company has modernized its fleet and simplified its capital structure while maintaining a strong liquidity position [4][5] Financial Performance - Total vessel revenues for the year ended December 31, 2024, were $65.1 million, a decrease of 33.2% from $97.5 million in 2023 [6] - Net income from continuing operations was $15.3 million for 2024, down 28.2% from $21.3 million in 2023, and total net income decreased by 60.4% from $38.6 million in 2023 [6] - Earnings per share from continuing operations increased to $3.50 in 2024 from $2.05 in 2023, reflecting a change in share structure [6] Operational Highlights - The company operated an average of 12.9 vessels in Q4 2024, down from 18.9 vessels in Q4 2023, with a daily TCE rate of $11,648 compared to $14,530 in the same period of 2023 [33][44] - Ownership Days decreased to 1,186 in Q4 2024 from 1,740 in Q4 2023, impacting overall operational capacity [47] - The company completed three acquisitions and seven disposals in 2024, contrasting with no acquisitions or disposals in 2023 [6] Recent Developments - The acquisition of MPC Capital was finalized on December 16, 2024, for approximately $192.0 million, enhancing the company's asset management capabilities [29] - A $100 million senior term loan facility was secured from Toro Corp. to finance the acquisition of MPC Capital [23][27] - The company reported a consolidated cash position of $87.9 million as of December 31, 2024, down from $120.9 million in 2023, primarily due to operational cash flows and acquisition costs [20][21]

Southland Holdings (SLND) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Alex Murray - VP of Corporate Development & IRFrank Renda - President & CEOKeith Bassano - CFOAdam Thalhimer - Director of ResearchJean Veliz - Senior Research Associate Conference Call Participants Julio Romero - Equity AnalystChristian Schwab - Senior Research Analyst Operator Good morning. My name is Chloe, and I will be your conference operator today. At this time, I would like to welcome everyone to the Southl ...