DENVER, April 09, 2025 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (Nasdaq: SMPL) ("Simply Good Foods," or the "Company"), a developer, marketer and seller of branded nutritional foods and snacking products, today reported financial results for the thirteen and twenty-six weeks ended March 1, 2025. The acquisition of Only What You Need, Inc. ("OWYN") was completed on June 13, 2024. Therefore, the Company's year-ago performance for the thirteen and twenty-six weeks ended February 24, 2024, does not inc ...

Lifecore Biomedical, Inc. (LFCR) Q3 2025 Earnings Conference Call April 03, 2025 04:30 PM ET Company Participants Stephanie Diaz - Manager, Investor RelationsPaul Josephs - President & Chief Executive OfficerRyan Lake - Chief Financial OfficerUnknown - Conference Call ModeratorUnknown - Conference Call Operator Conference Call Participants Matthew Hewitt - Analyst, Craig Callum Capital GroupMichael Petusky - Analyst, Barrington Research Unknown we'll be in a listen-only mode. Unknown Now, I would like to tu ...

Franklin Covey Company (FC) Q2 2025 Earnings Conference Call April 02, 2025 05:00 PM ET Company Participants Conference Call Operator - OperatorDerek Hatch - Corporate ControllerPaul Walker - Chief Executive Officer at PrestonSteve - Chief Financial Officer Conference Call Participants Alex Paris - Analyst at Barrington ResearchJeff Martin - Analyst at Roth Capital MarketsDave Storms - Analyst at StoneGateNihal Chokshi - Analyst at Northland Capital Markets Conference Call Operator you for standing by. Welc ...

Core Viewpoint - Delota Corp. reported its unaudited fourth-quarter results for the period ending January 31, 2025, highlighting a revenue of $40.2 million for the year, surpassing its target, and a strategic focus on growth through M&A and strengthening its balance sheet [2][3]. Financial Highlights - Total revenue for Q4 2025 was $10.3 million, reflecting a year-over-year growth of 1% [6][10]. - The gross profit margin for Q4 2025 was 37% [6][10]. - Adjusted EBITDA for Q4 2025 was positive at $287,329 [6][10]. - Total revenue for the twelve months ended January 31, 2025, was $40.2 million, representing an 18% year-over-year growth [6][10]. - The gross profit margin for the twelve months ended 2025 was 39% [6][10]. - Positive Adjusted EBITDA for the twelve months ended 2025 was $1,114,587 [6][10]. - Segmented revenue for the twelve months ended 2025 included B2C vape sales of $31.2 million, B2B vape sales of $5.5 million, and B2C cannabis sales of $3.5 million [6][10]. Operational Highlights - The company has expanded its retail presence to 32 locations across Ontario and plans to grow in major cities across Canada [6][10]. - The registered customer base has increased to over 280,000 accounts across online and brick-and-mortar platforms [6][10]. - The company opened a new 180 Smoke Vape Store in Etobicoke on February 3, 2025, as part of its expansion strategy [10]. Strategic Focus - The company aims to accelerate growth through a strategic focus on mergers and acquisitions, leveraging its omni-channel platform [3][14]. - There is a commitment to enhancing the nicotine product assortment and improving customer experience [14].

Core Viewpoint - Reading International, Inc. reported its Fourth Quarter and Full Year 2024 financial results, highlighting a significant improvement in Q4 performance despite challenges faced throughout the year due to industry-wide disruptions and currency fluctuations [3][6][10]. Financial Results - Fourth Quarter 2024 - Total Revenues increased by 29.3% to $58.6 million compared to $45.3 million in Q4 2023 [8][13]. - Operating Income improved from a loss of $7.0 million in Q4 2023 to a positive Operating Income of $1.5 million in Q4 2024 [8][10]. - Net Loss decreased from $12.4 million in Q4 2023 to $2.2 million in Q4 2024, driven by improved cinema and real estate revenue [8][10]. - Adjusted EBITDA rose by 404.4% to $6.8 million from a negative $2.2 million in Q4 2023 [8][10]. Financial Results - Full Year 2024 - Total Revenues for the full year decreased by 5.5% to $210.5 million from $222.7 million in 2023 [9][30]. - Operating Loss increased by 16.6% to $14.0 million from $12.0 million in 2023 [9][30]. - Net Loss for the year increased by 15.1% to $35.3 million compared to $30.7 million in 2023 [9][30]. - Adjusted EBITDA decreased from $7.8 million in 2023 to $2.1 million in 2024 [9][30]. Currency Impact - The New Zealand dollar weakened by 2.1% and the Australian dollar by 0.8% against the U.S. dollar compared to Q4 2023, negatively impacting global revenue [5][7]. - Approximately 50% of total revenue is generated in Australia and New Zealand, making the company sensitive to currency fluctuations [7][10]. Cinema Business Performance - Global cinema revenue for Q4 2024 increased by 30% to $54.6 million from $41.9 million in Q4 2023 [13][30]. - The U.S. cinema circuit reported the highest food and beverage spend per person at $8.28, leading publicly traded exhibitors in gross box office per screen average at $85.1K for Q4 2024 [10][13]. - Full year global cinema revenue decreased by 6.0% to $195.1 million due to the impact of the 2023 Hollywood strikes [10][13]. Real Estate Business Performance - Real estate revenues increased by 14% to $5.2 million in Q4 2024 compared to $4.5 million in Q4 2023 [10][13]. - The global real estate division's operating income increased by 148.5% to $1.4 million in Q4 2024 [10][13]. - For the full year, real estate revenues increased by 1% to $20.0 million from $19.9 million in 2023 [10][13]. Balance Sheet and Liquidity - As of December 31, 2024, cash and cash equivalents were $12.3 million, with total outstanding bank borrowings of $202.7 million against total book value assets of $471.0 million [20][28]. - The company has taken steps to monetize real estate assets to support liquidity, including the sale of properties in Wellington, New Zealand for NZ$38 million [20][28].

Core Insights - Safe and Green Development Corporation (SGD) announced a strategic acquisition of Resource Group US Holdings LLC (RSG), aimed at long-term revenue growth in engineered soils and composting [1][2] - SGD achieved its first quarter of positive Adjusted EBITDA in Q4 2024, indicating progress in financial performance [1][6] - The company is focusing on monetizing non-core assets and advancing residential development projects to support future growth [1][3] Acquisition Details - The acquisition of RSG includes two subsidiaries: RGUS, which has a patented composting and engineered soils machinery, and ZEI, a logistics and trucking business [2] - RSG generated $17.5 million in revenue in 2023 and $18.75 million in 2024, with a reduced net loss from $6.2 million to $936,000 [2] - The transaction is expected to close by Q2 2025, pending customary conditions and RSG's audit completion [2] Financial Performance - For the full year 2024, SGD reported a net loss of $8.91 million, with an Adjusted EBITDA of $(1.77) million [6] - In Q4 2024, the company recorded a net loss of $1.53 million and an Adjusted EBITDA of $38,841, marking a significant improvement [6] Strategic Initiatives - SGD sold its St. Mary's property for $1.4 million to reduce high-interest debt and reinvest in aligned initiatives [3] - The company made construction progress in its Sugar Phase I development in South Texas, completing the first five homes [4] - SGD secured up to $10 million in potential investment from Arena Investors to support its strategic growth [5]

Core Insights - Safe Harbor Financial reported positive Adjusted EBITDA for the last three years, with Adjusted Working Capital at approximately $2 million [1][7] - The company modified its Commercial Alliance Agreement with Partner Colorado Credit Union, allowing for a growth strategy under new CEO Terry Mendez [1][5] - Loan Interest Income saw significant increases of 82% in Q4 2024 and 123% for the full year compared to the previous year [6][8] Financial Performance - Q4 2024 revenue was approximately $3.7 million, a decrease from $4.5 million in Q4 2023, but an increase from $3.5 million in Q3 2024 [7] - Full-year 2024 revenue totaled approximately $15.2 million, down from $17.6 million in 2023, primarily due to reduced deposit activity [11] - Operating expenses for 2024 decreased over 42% to approximately $22.3 million from $38.3 million in 2023 [12] Operational Highlights - The company processed over $25 billion in cannabis-related funds, marking a significant milestone on its 10th anniversary [8][13] - Safe Harbor originated a $1.5 million secured credit facility for a Missouri cannabis operator, enhancing its role as a financial partner in the cannabis sector [8][13] - The Amended Commercial Alliance Agreement with PCCU extends the term through December 31, 2028, providing financial flexibility [5][9] Adjusted Metrics - Adjusted EBITDA for 2024 was approximately $2.9 million, compared to $3.6 million in 2023 [7][29] - The company reported a net loss of approximately $48.3 million for 2024, which includes significant non-cash expenses related to goodwill and intangible asset impairments [15][20] - Adjusted Working Capital, after accounting for non-cash liabilities, was calculated at approximately $2 million [31]

Core Insights - CPI Aerostructures, Inc. reported a decrease in revenue for 2024 compared to 2023, but improved gross profit margin by 150 basis points [3][6] - The company achieved a net income increase of 22.2% and earnings per share (EPS) growth of 19.5% due to operational efficiencies and reduced costs [3][6] - CPI Aero ended 2024 with a strong backlog of $510 million, including new program awards from major clients [5] Financial Performance - Fourth Quarter 2024 revenue was $21.8 million, down from $23.5 million in Q4 2023; gross profit increased to $4.3 million from $4.1 million [6] - Full Year 2024 revenue totaled $81.1 million, a decrease from $86.5 million in 2023; gross profit slightly increased to $17.2 million from $17.1 million [6][15] - Net income for Q4 2024 was $1.0 million, significantly lower than $14.8 million in Q4 2023; full year net income was $3.3 million compared to $17.2 million in 2023 [6][15] Operational Efficiency - The company generated $3.6 million in cash from operations in 2024 and reduced debt by $2.7 million, achieving the lowest debt level since 2011 [4] - The Debt-to-Adjusted EBITDA Ratio at year-end was 2.2, marking the eighth consecutive quarter-end below 3.0 [4] Backlog and Future Outlook - CPI Aero's backlog of $510 million includes multiple new program awards from L3Harris, Raytheon, and Embraer, indicating confidence in future growth [5] - The company aims to capitalize on long-standing customer relationships and multiple opportunities ahead [5]

Core Insights - Maui Land & Pineapple Company, Inc. reported a net loss of $7,391,000 for the fiscal year 2024, compared to a net loss of $3,080,000 in 2023, primarily due to non-cash stock compensation expenses and increased operating costs [9][14][17] - The company achieved operating revenues of $11,565,000 in 2024, a 25% increase from $9,289,000 in 2023, driven by land sales, leasing, and resort amenities [3][13] - Adjusted EBITDA for 2024 was $492,000, a significant improvement from a loss of $662,000 in 2023, indicating positive operational performance [9][17] Financial Performance - Operating revenues increased by $2,276,000 or 25% from 2023 to 2024, with land development and sales revenues reaching $520,000, attributed to the Honokeana Homes Relief Housing Project [3][9] - Leasing revenues rose to $9,621,000 in 2024, up 14% from $8,461,000 in 2023, due to improved occupancy and new leases [3][9] - Resort amenities revenue increased by 72% to $1,424,000, reflecting new memberships and better collection of dues [3][9] Costs and Expenses - Total operating costs and expenses for 2024 were $18,919,000, an increase of $4,659,000 from 2023, mainly due to non-cash stock compensation costs [3][14] - The increase in operating costs included $3,466,000 in non-cash stock compensation, $509,000 in land development costs, and $586,000 in leasing costs [3][14] Assets and Liquidity - Cash and investments convertible to cash totaled $9,522,000 as of December 31, 2024, an increase of $687,000 from $8,835,000 in 2023 [9][17] - The company identified twelve non-strategic assets for sale, with a combined listing price of $10.9 million [3][9] Strategic Focus - The company aims to maximize the productive use of its landholdings to address housing needs, job opportunities, and food production in Maui [2][8] - The strategic plan includes engaging with local communities to enhance resilience and sustainability [2][8]

Core Insights - Nutex Health Inc. reported significant financial growth for the fiscal year 2024, with total revenue reaching $479.9 million, a 93.8% increase from $247.6 million in 2023 [5] - The company achieved a net income of $52.2 million compared to a net loss of $45.8 million in the previous year, marking a substantial turnaround [5] - The arbitration process initiated in July 2024 contributed approximately $169.7 million in additional revenue, accounting for 73.1% of the overall revenue increase [5][8] Financial Performance - Total revenue for the year ended December 31, 2024, was $479.9 million, up from $247.6 million in 2023, reflecting a growth of $232.3 million [5] - Net income for the year was $52.2 million, a significant improvement from the net loss of $45.8 million in 2023 [5] - EBITDA for the year was $98.4 million, compared to a negative EBITDA of $(22.5) million in 2023 [5] - Adjusted EBITDA reached $123.7 million, a remarkable increase of 1,045.4% from $10.8 million in 2023 [5] Quarterly Highlights - For the fourth quarter of 2024, total revenue was $257.6 million, a 269.6% increase from $69.7 million in the same quarter of 2023 [5] - Net income for the fourth quarter was $61.7 million, compared to a net loss of $31.7 million in the fourth quarter of 2023 [5] - Total visits at the Hospital Division increased by 16.9% year-over-year, with mature hospitals seeing a 6.5% increase in visits [5][7] Operational Metrics - The company operated 24 micro hospitals and outpatient departments across 11 states, focusing on integrated healthcare delivery [2][24] - The arbitration initiative has led to higher reimbursement amounts per visit, aligning more closely with fair market rates [8] - The company plans to continue optimizing operations and maintaining a lean cost structure to support sustained growth in 2025 [7]