Financial performance
Search documents
Delårsrapport 1. januar – 31. marts 2025
Globenewswire· 2025-05-22 12:10
Group 1 - The consolidated revenue amounted to 254.3 million DKK, which is 1.8 million DKK higher than the same period last year [1] - The revenue development, costs, and write-downs are primarily attributed to lower activity in Lalandia, as Easter in 2025 falls in April compared to March in 2024 [1] - During the period from January 1 to March 31, 2025, the company hosted six football matches, including a sold-out UEFA Conference League match against Chelsea FC and a sold-out national team match against Portugal [1] Group 2 - The primary result before amortizations and transfer activities was -36.0 million DKK compared to -13.1 million DKK in the same period last year [2] - The result from transfer activities was -27.2 million DKK compared to -11.6 million DKK in the same period last year [2] Group 3 - The result before tax was -73.9 million DKK as of March 31, 2025, compared to -33.9 million DKK at the same time last year [3] - The total result for the period was -57.6 million DKK compared to -26.4 million DKK in the same period last year, attributed to the timing of Easter, higher costs, and lower results from transfer activities [3] Group 4 - PARKEN Sport & Entertainment A/S maintains its previously announced expectations for 2025, forecasting revenue in the range of 1,600 to 1,700 million DKK and a pre-tax result of 100 to 150 million DKK [4]
Innovative Food Holdings, Inc. Reports Financial Results for First Quarter of 2025
Globenewswire· 2025-05-15 12:00
Core Insights - Innovative Food Holdings, Inc. reported a revenue of $19.5 million for Q1 2025, reflecting a 26.0% increase compared to Q1 2024, with organic revenue growth at 22.9% [3][2] - The company experienced a decline in gross margin by 157 basis points to 22.9%, although gross margin dollars increased by $0.7 million due to an additional $4.0 million in revenue [2][3] - GAAP net income from continuing operations was a loss of $0.4 million, compared to a gain of $1.4 million in Q1 2024, primarily due to a $1.8 million gain from the sale of the Florida headquarters in the previous year [3][2] - Adjusted EBITDA for Q1 2025 was $346 thousand, down from $486 thousand in Q1 2024, with a noted profit headwind of approximately $425 thousand due to the ramp-up of the retail business [3][2] Financial Performance - Revenue for Q1 2025 was $19,548,566, up from $15,518,153 in Q1 2024 [11] - Cost of goods sold increased to $15,062,759 from $11,713,219, resulting in a gross margin of $4,485,807 compared to $3,804,934 in the prior year [11] - Selling, general and administrative expenses rose to $4,708,977 from $3,978,840, leading to an operating loss of $223,170 [11] - The company reported a net loss of $430,436 for Q1 2025, compared to a net income of $1,425,874 in Q1 2024 [11] Growth Initiatives - The first quarter of 2025 marked the integration of recent acquisitions, including Golden Organics and LoCo Food Distribution, and the launch of a new retail sales channel that generated $3.7 million in revenue [2][3] - The company noted triple-digit growth in its Amazon sales channel and single-digit growth in its airline catering and Chicago Artisan businesses [2] - Management emphasized the importance of returning the legacy drop ship business to growth through significant catalog expansion, as it continues to represent the majority of the company's revenues [2] Operational Developments - The company is in the process of stabilizing its new acquisitions and relocating the LoCo business from Fort Collins to Denver [2] - Management expressed confidence in achieving profitability in the cheese business as the year progresses, highlighting a solid foundation and a committed team [2]
dLocal Reports 2025 First Quarter Financial Results
Globenewswire· 2025-05-14 20:05
Core Insights - dLocal achieved record highs in key financial and operational metrics for Q1 2025, including Total Payment Volume (TPV), revenue, and gross profit [2][6][8] Financial Performance - Total Payment Volume (TPV) reached US$8.1 billion, representing a 53% year-over-year increase and a 5% quarter-over-quarter increase [2][6][8] - Revenue for the quarter was US$216.8 million, up 18% year-over-year and 6% quarter-over-quarter [2][6][8] - Gross profit was US$84.9 million, a 35% increase compared to Q1 2024 [2][6][8] - Adjusted EBITDA was US$57.9 million, reflecting a 57% year-over-year increase [2][10][12] - Net income for Q1 2025 was US$46.7 million, a significant increase of 163% compared to Q1 2024 [10][12][14] Operational Efficiency - Adjusted EBITDA margin improved to 27%, up from 20% in Q1 2024 [10][12] - Free cash flow for the quarter was US$39.7 million, a 200% increase year-over-year [10][12] - The company maintained a strong cash position with US$511.5 million in cash and cash equivalents as of March 31, 2025 [10][12][15] Strategic Execution - The management team effectively leveraged existing merchant relationships and established new partnerships, contributing to the strong financial performance [5][10] - The company focused on expanding its license portfolios through its legal and regulatory teams [5][10] Market Position - dLocal operates in over 40 countries across Africa, Asia, and Latin America, connecting global enterprise merchants with emerging market consumers [19][20]
HomeTrust Bank Further Recognized for Strong Financial Performance and as a Most Loved Workplace
Globenewswire· 2025-05-08 12:30
Core Insights - HomeTrust Bancshares, Inc. has been recognized as one of Forbes' America's Best Banks for 2025 and ranked as a Top 50 Community Bank in the 2024 S&P Global Market Intelligence annual rankings, marking the second consecutive year of such recognition [1][2] - The company was included in the 2025 KBW Bank Honor Roll, with only 5% of eligible banks achieving this status based on their earnings growth over the past decade [2] - HomeTrust has been re-certified as a Most Loved Workplace® and recognized as a Best Place to Work in all five states it serves over the past two years [2] Company Overview - As of March 31, 2025, HomeTrust Bancshares, Inc. had total assets of $4.6 billion [4] - The bank operates over 30 locations across North Carolina, South Carolina, East Tennessee, Southwest Virginia, and Georgia, focusing on community banking and relationship-based services [4] Leadership Perspective - C. Hunter Westbrook, President & CEO, emphasized the importance of continuous improvement and creating a workplace culture that fosters engagement and belonging among team members [3]
Global Crossing Airlines Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-07 20:05
Financial Performance - The company reported revenue of $66.6 million for Q1 2025, a 24% increase from $53.8 million in Q1 2024, driven by higher block hours flown and fleet expansion [3][5] - Net income improved to $0.2 million in Q1 2025 from a loss of $6.4 million in Q1 2024, with earnings per share rising to $0.00 from a loss of $0.11 [3][5] - EBITDAR increased approximately 2x to $20.6 million compared to $9.3 million in the previous year, attributed to increased revenue and higher average rates per block hour flown [3][5] Operational Highlights - The total block hours flown increased by 29% to 7,546 hours in Q1 2025 from 5,859 hours in Q1 2024 [3][5] - The average utilization per aircraft rose by 6% to 442 hours in Q1 2025 compared to 416 hours in Q1 2024 [3] - The company expanded its fleet to 16.7 aircraft, a 34% increase from 12.5 aircraft in the previous year [3][5] Management Commentary - The Executive Chairman emphasized the growing momentum of the charter platform and the execution of the strategic plan, highlighting improvements in revenue and profitability across all business segments [4] - The President and CFO noted a strong start to the year with significant improvements in EBITDAR, EBITDA, and net income, despite maintenance activities on ten aircraft [4] Cash Flow and Liquidity - Cash flow from operations improved to $0.1 million in Q1 2025 from a cash used of $2.1 million in Q1 2024, driven by improved profitability and efficiency gains [5] - The company had approximately $10.2 million in cash and restricted cash as of March 31, 2025, down from $14.0 million at the end of 2024 [7]
United States Lime & Minerals Reports First Quarter 2025 Results and Declares Regular Quarterly Cash Dividend
GlobeNewswire News Room· 2025-04-30 21:51
Financial Performance - Company reported revenues of $91.3 million in Q1 2025, an increase of $19.6 million or 27.3% compared to $71.7 million in Q1 2024, driven by higher sales volumes and average selling prices of lime and limestone products [1] - Gross profit for Q1 2025 was $46.2 million, up $15.5 million or 50.8% from $30.6 million in Q1 2024, primarily due to increased revenues [2] - Net income reached $34.1 million ($1.19 per diluted share) in Q1 2025, reflecting an increase of $11.7 million or 52.0% from $22.4 million ($0.78 per diluted share) in Q1 2024 [5] Expenses - Selling, general and administrative (SG&A) expenses were $6.3 million in Q1 2025, an increase of $1.4 million or 29.2% from $4.8 million in Q1 2024, mainly due to higher personnel expenses including stock-based compensation [3] Other Income - Other (income) expense, net was $3.1 million in Q1 2025, an increase of $0.6 million from $2.5 million in Q1 2024, attributed to interest earned on higher average cash balances [4] Dividend Announcement - Company declared a quarterly cash dividend of $0.06 per share, payable on June 13, 2025, to shareholders of record by May 23, 2025 [7] Company Overview - United States Lime & Minerals, Inc. is a manufacturer of lime and limestone products, serving various industries including construction, industrial, environmental, metals, agriculture, and oil and gas services [8]
United States Lime & Minerals Reports First Quarter 2025 Results and Declares Regular Quarterly Cash Dividend
Globenewswire· 2025-04-30 21:51
Core Insights - United States Lime & Minerals, Inc. reported a strong financial performance in Q1 2025, with revenues increasing by 27.3% year-over-year to $91.3 million, driven by higher sales volumes and average selling prices of lime and limestone products [1][6] - The company's gross profit rose by 50.8% to $46.2 million, reflecting the revenue growth [2] - Net income for Q1 2025 was $34.1 million, a 52.0% increase compared to $22.4 million in Q1 2024, translating to $1.19 per diluted share [5] Revenue and Profitability - Revenues in Q1 2025 were $91.3 million, up from $71.7 million in Q1 2024, an increase of $19.6 million [1] - Gross profit increased to $46.2 million from $30.6 million, an increase of $15.5 million [2] - Operating profit for the quarter was $39.9 million, compared to $25.8 million in the previous year [12] Expenses - Selling, general and administrative (SG&A) expenses rose to $6.3 million in Q1 2025 from $4.8 million in Q1 2024, an increase of 29.2% [3] - Other income increased to $3.1 million in Q1 2025 from $2.5 million in Q1 2024, primarily due to interest earned on higher cash balances [4] Dividend Announcement - The Board of Directors declared a quarterly cash dividend of $0.06 per share, payable on June 13, 2025, to shareholders of record by May 23, 2025 [7] Company Overview - United States Lime & Minerals, Inc. is a manufacturer of lime and limestone products, serving various industries including construction, industrial, environmental, metals, agriculture, and oil and gas services [8]
Encompass Health reports results for first quarter 2025
Prnewswire· 2025-04-24 20:20
Core Viewpoint - Encompass Health Corporation reported strong first-quarter results for 2025, with significant revenue and earnings growth, leading to an increase in full-year guidance for key financial metrics [1][4]. Financial Performance - Net operating revenue for Q1 2025 was $1,455.4 million, a 10.6% increase from $1,316.0 million in Q1 2024, reflecting a growth of $139.4 million [2][9]. - Income from continuing operations attributable to Encompass Health per diluted share rose to $1.48, up 33.3% from $1.11 in the previous year [2][14]. - Adjusted earnings per share increased by 22.3% to $1.37 from $1.12 [2][21]. - Cash flows from operating activities increased by 20.9% to $288.6 million compared to $238.8 million in Q1 2024 [2][18]. - Adjusted EBITDA for the quarter was $313.6 million, a 14.9% increase from $273.0 million [2][20]. Operational Highlights - Total discharges increased by 6.3% to 64,985, with same-store discharge growth of 4.4% [2][9]. - Net patient revenue per discharge grew by 3.9% to $21,816 from $20,990 [2][9]. - The company opened one new 40-bed hospital and added 25 beds to existing facilities during the quarter [3]. Updated Guidance - The company raised its full-year guidance for 2025, with net operating revenue now expected to be between $5,850 million and $5,925 million, up from the previous range of $5,800 million to $5,900 million [4]. - Adjusted EBITDA guidance was updated to a range of $1,185 million to $1,220 million, compared to the previous guidance of $1,160 million to $1,200 million [4]. - Adjusted earnings per share from continuing operations is now projected to be between $4.85 and $5.10, an increase from the prior range of $4.67 to $4.96 [4].
Century Next Financial Corporation Reports Record 1st Quarter 2025 Results
Globenewswire· 2025-04-23 20:37
Financial Performance - The Company reported a net income after tax of $3.45 million for Q1 2025, an increase of $790,000 or 29.7% compared to $2.66 million in Q1 2024 [2] - Earnings per share (EPS) for Q1 2025 were $1.89 basic and $1.88 diluted, compared to $1.48 for both in Q1 2024 [2] Balance Sheet - Total assets increased by $40.3 million or 4.6% to $909.7 million as of March 31, 2025, from $869.4 million at December 31, 2024 [3] - Cash and cash equivalents rose by $20.5 million or 16.3% to $146.2 million, while investment securities increased by $10.9 million to $109.4 million [4] Loans and Deposits - Net loans increased by $10.8 million or 1.8% to $616.2 million as of March 31, 2025, with notable increases in commercial non-real estate loans and residential construction loans [5] - Total deposits rose by $35.0 million or 4.5% to $805.7 million, driven by a $46.1 million increase in noninterest-bearing checking accounts [6] Income Statement - Net interest income for Q1 2025 was $9.1 million, up $1.5 million or 19.6% from $7.6 million in Q1 2024 [8] - Total non-interest income decreased by $41,000 or 5.1% to $770,000, primarily due to a decline in income from the origination and sale of residential loans [10] Expenses and Efficiency - Total non-interest expense increased by $284,000 or 5.5% to $5.4 million, with salaries and employee benefits being the largest contributor [11] - The efficiency ratio improved to 54.90% for Q1 2025 from 60.99% in Q1 2024, driven by increased net interest income [12] Other Financial Information - Nonperforming assets decreased from $3.98 million at December 31, 2024, to $3.76 million at March 31, 2025, representing 0.41% of total assets [13] - The allowance for credit losses was $6.63 million or 1.06% of total loans as of March 31, 2025, compared to $6.07 million or 1.01% a year earlier [14] Dividend Declaration - The Board of Directors approved a cash dividend of $0.75 per share, payable on June 5, 2025, to shareholders of record as of May 22, 2025 [15] Company Information - Century Next Financial Corporation is the holding company for Century Next Bank, which operates primarily in Louisiana and Arkansas, focusing on small and medium-sized businesses and individuals [16]
Univest Financial Corporation Reports First Quarter Results
Globenewswire· 2025-04-23 20:15
Core Insights - Univest Financial Corporation reported a net income of $22.4 million for Q1 2025, an increase from $20.3 million in Q1 2024, translating to diluted earnings per share of $0.77 compared to $0.69 in the previous year [1][34]. Financial Performance - The company declared a quarterly cash dividend of $0.22 per share, marking a 4.8% increase from the previous dividend [2]. - Net interest income rose to $56.8 million, a 10.3% increase from Q1 2024, driven by higher loan balances and improved yields on interest-earning assets [8][34]. - Noninterest income decreased to $22.4 million, down 12.4% from the same period last year [11]. Loan and Deposit Trends - Gross loans and leases increased by $254.0 million, or 3.9%, year-over-year, primarily due to growth in commercial and residential mortgage loans [4]. - Total deposits decreased by $100.8 million, or 1.5%, from the end of 2024, but increased by $253.1 million, or 4.0%, compared to Q1 2024 [5]. - Noninterest-bearing deposits represented 21.5% of total deposits as of March 31, 2025, up from 20.9% at the end of 2024 [5]. Asset Quality and Credit Losses - Nonperforming assets totaled $34.0 million, slightly up from $33.2 million at the end of 2024 but down from $40.0 million in Q1 2024 [21]. - The provision for credit losses was $2.3 million, a slight decrease from $2.4 million in Q4 2024 [23]. Shareholder Returns and Capital Management - The company repurchased 221,760 shares at an average price of $29.22 during the quarter, with 1,178,394 shares remaining available for repurchase [24]. - The effective income tax rate decreased to 18.7% in Q1 2025 from 20.5% in Q1 2024, positively impacted by BOLI death benefits [20]. Operational Metrics - The net interest margin improved to 3.09% for Q1 2025, compared to 2.88% in the same quarter of the previous year [9][37]. - Return on average assets was 1.14%, and return on average shareholders' equity was 10.13% for Q1 2025 [37].