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The Finnish Financial Supervisory Authority has approved Lassila & Tikanoja’s demerger and listing prospectus; The New Lassila & Tikanoja’s and Luotea’s Management Teams as of the completion of the demerger
Globenewswire· 2025-11-20 14:30
Lassila & Tikanoja plc Stock exchange release20 November 2025 at 4:30 p.m The Finnish Financial Supervisory Authority has approved Lassila & Tikanoja’s demerger and listing prospectus; The New Lassila & Tikanoja’s and Luotea’s Management Teams as of the completion of the demerger Lassila & Tikanoja plc (the “Demerging Company”) announced on 7 August 2025 the approval of a demerger plan concerning the partial demerger of the Demerging Company (the “Demerger Plan”), according to which all assets, debts and li ...
ATRenew(RERE) - 2025 Q3 - Earnings Call Transcript
2025-11-20 13:02
ATRenew (NYSE:RERE) Q3 2025 Earnings Call November 20, 2025 07:00 AM ET Company ParticipantsKerry Chen - Founder, Chairman, and CEORex Chen - CFONone - TranslatorJeremy Ji - Head of Corporate DevelopmentConference Call ParticipantsWang Zhao - AnalystNone - AnalystMichael Kim - Senior AnalystOperatorGood morning and good evening, ladies and gentlemen. Thank you for standing by, and welcome to the ATRenew third quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. We ...
ATRenew(RERE) - 2025 Q3 - Earnings Call Transcript
2025-11-20 13:00
ATRenew (NYSE:RERE) Q3 2025 Earnings Call November 20, 2025 07:00 AM ET Speaker4Good morning and good evening, ladies and gentlemen. Thank you for standing by, and welcome to the ATRenew third quarter 2025 earnings conference call. At this time, all participants are in a listen-only mode. We will be hosting a question-and-answer session after management's prepared remarks. Please note today's call is being recorded. I would now like to turn the conference over to your first speaker today, Mr. Jeremy Ji, Hea ...
ATRenew Inc. Reports Unaudited Third Quarter 2025 Financial Results
Prnewswire· 2025-11-20 08:00
Core Insights - ATRenew Inc. reported a record total revenue of RMB5,149 million (US$723.3 million) for Q3 2025, marking a 27.1% year-on-year increase [3][5][6] - The company achieved improved profitability with adjusted income from operations rising by 34.9% year-on-year to RMB140 million (US$19.7 million) [3][9] - The number of consumer products transacted increased to 10.9 million, up from 9.1 million in the same period of 2024 [6][10] Financial Performance - Total net revenues increased by 27.1% to RMB5,149.2 million (US$723.3 million) from RMB4,051.2 million in Q3 2024 [5][6] - Net product revenues rose by 28.7% to RMB4,726.3 million (US$663.9 million) due to higher sales of pre-owned consumer electronics [5][6] - Net service revenues grew by 11.6% to RMB422.8 million (US$59.4 million), driven by the multi-category recycling business [7] Profitability Metrics - Income from operations was RMB120.8 million (US$17.0 million), a significant increase of 385.1% from RMB24.9 million in Q3 2024 [6][9] - Net income reached RMB90.8 million (US$12.8 million), up 407.3% from RMB17.9 million in the same period last year [10][11] - Adjusted net income (non-GAAP) was RMB110.2 million (US$15.5 million), reflecting a 22.3% increase year-on-year [10] Operating Costs - Operating costs and expenses rose to RMB5,033.2 million (US$707.0 million), an increase of 25.0% compared to RMB4,028.1 million in Q3 2024 [8] - Merchandise costs increased by 26.3% to RMB4,094.2 million (US$575.1 million) due to growth in product sales [12] - Fulfillment expenses were RMB437.1 million (US$61.4 million), up 25.9% as a result of increased personnel and logistics costs [12] Business Outlook - For Q4 2025, ATRenew expects total revenues to be between RMB6,080 million and RMB6,180 million, indicating a year-on-year increase of 25.4% to 27.4% [14] - The company is focusing on enhancing its fulfillment capabilities and exploring multi-category recycling services to capitalize on the circular economy [3][14] Recent Developments - ATRenew announced a new share repurchase program, allowing for the repurchase of up to US$50 million of its shares over a 12-month period [15]
Production Continues to Increase at Ecolomondo's Hawkesbury TDP Facility
Thenewswire· 2025-11-19 14:30
Core Insights - Ecolomondo Corporation is experiencing a steady increase in production at its Hawkesbury TDP facility, processing more batches and achieving higher volumes of recovered carbon black (rCB) and oil [1][2][4] Production and Performance - The Hawkesbury TDP facility processed 109 batches in the first 10 months of 2025, with 30 batches completed in October alone, marking a significant increase compared to previous quarters [2] - The facility's production included 4 double batches in just 4 days, all conducted in automatic mode, indicating enhanced operational efficiency [1][2] Revenue Streams - Revenue is generated from the sale of end-products such as rCB, oil, steel, syngas, and tipping fees for scrap tire disposal [4][10] - Despite the increase in production, the company continues to operate at a loss due to the facility still being in its ramp-up phase [4] Future Outlook - The company aims for full ramp-up of operations by July 2026, with new team additions to strengthen management and operations [9] - Growing demand for recovered resources, particularly rCB, is expected to support the company's growth trajectory [9][8] Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction in GHG emissions compared to virgin carbon black production [14] - The production at the Hawkesbury facility is projected to reduce CO2 emissions by 15,000 tons per year [14]
One & one Green Technologies. INC(YDDL) - 2025 Q2 - Earnings Call Transcript
2025-11-18 14:00
One and one Green Technologies (NasdaqCM:YDDL) Q2 2025 Earnings Call November 18, 2025 08:00 AM ET Speaker2Thank you for joining the One and One Green Technologies Conference call for the first half of the fiscal year 2025. Please take note that today's call is being recorded. It is my pleasure to introduce Matthew Abenante, President of Strategic Investor Relations. Thank you. You may begin.Speaker3Thank you, Operator, and thank you, everyone, for joining us today. Our earnings press release was distribute ...
Nearly Nine in Ten Consumers Plan to Maintain or Increase Spending on Pre-loved Goods, Signaling Sustained Momentum for the Circular Economy
Prnewswire· 2025-11-18 07:00
Core Insights - eBay's 2025 Recommerce Report indicates that recommerce has transitioned from a niche market to a mainstream shopping choice, with 89% of global consumers planning to spend the same or more on pre-loved goods in 2025 compared to 2024 [1][2] Consumer Behavior - The report surveyed over 27,000 individuals globally, revealing that recommerce is now seen as a conscious lifestyle choice influenced by personal values, community connection, and financial empowerment [2] - Nearly 80% of Gen Z and Millennials identify with the recommerce movement, with 59% of Gen Z and 56% of Millennials intending to increase their spending on pre-loved goods this year [3] - 35% of consumers purchase pre-loved items monthly or more frequently, indicating that recommerce is becoming a regular part of shopping habits [3] Motivations for Recommerce - The primary motivation for purchasing pre-loved goods is saving money, cited by 81% of consumers, followed by sustainability at 45% [5] - Other reasons include the search for specific items not available new (37%), the desire for unique or collectible pieces (36%), and a rejection of fast fashion (17%) [6] Community Engagement - Recommerce fosters a sense of community, with 63% of consumers feeling part of a recommerce community, rising to nearly 80% among younger generations [7] - 65% of consumers enjoy the "thrill of the hunt" for pre-loved items, and 56% believe that buying these goods allows them to express their personal style [7] Economic Impact - Recommerce provides financial relief, with 81% of consumers feeling positive about saving money through pre-loved purchases, and 86% of eBay sellers sourcing inventory from their own belongings [9] - eBay aims to create economic opportunities and support a community of enthusiasts globally, highlighting the role of conscious consumerism in shaping the future of shopping [10][11]
ReGen III Announces Receipt of $3.975 Million in Sub-Agreements Related to Convertible Debenture Exchange
Newsfile· 2025-11-17 22:35
Core Insights - ReGen III Corp. has received settlement and exchange agreements totaling $3.975 million related to its Convertible Debenture Exchange, indicating strong support from debenture holders [1][2] - The company aims to commercialize sustainable, re-refined Group III base oils, with a nearly 100% agreement from debenture holders reflecting confidence in its strategic direction [2][4] Financial Developments - The company has successfully secured Sub-Agreements from over 97% of debenture holders, which strengthens its financial position [2] - The CD Exchange is expected to close immediately following final approval from the TSX Venture Exchange [2] Business Strategy - ReGen III is focused on transforming used motor oil into high-value Group II and III base oils, which are essential for high-performance engines and industrial applications [4] - The company’s patented ReGen™ technology is designed to reduce CO₂e emissions by up to 82% compared to virgin crude derived oils [4] Operational Updates - The company has completed FEL2 and value engineering for its proposed 5,600 bpd flagship facility in Texas City, Texas, positioning itself to meet rising demand for higher-quality, circular base oils [5] - ReGen III is exploring opportunities to deploy its technology in other strategic markets beyond Texas City [5] Vision and Market Position - The company aims to become the world's largest producer of sustainable, re-refined Group III base oils, setting a new standard for performance and responsibility in the lubricants market [6]
Ionic Rare Earths Limited to Present at the Australian Rare Earths & Critical Minerals Virtual Investor Conference November 19th
Globenewswire· 2025-11-17 13:35
MELBOURNE, Australia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- Ionic Rare Earths Limited (ASX: IXR), based in Australia, an emerging miner, refiner and recycler of sustainable and traceable magnet and heavy rare earths needed to develop net-zero carbon technologies, today announced that Mr Tim Harrison, Managing Director and CEO, will present live at the Australian Rare Earths & Critical Minerals Virtual Investor hosted by VirtualInvestorConferences.com, on November 19th, 2025. DATE: November 19th TIME: 1:00 PM ET ...
EnviroGold Global Announces Positive ANDRITZ Case Study Confirming NVRO Process™ Commercial Readiness and Global Scalability
Globenewswire· 2025-11-17 11:30
VANCOUVER, British Columbia, Nov. 17, 2025 (GLOBE NEWSWIRE) -- EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | FSE: YGK) (“EnviroGold” or the “Company”) is pleased to announce the publication of an independent case study by ANDRITZ, a global leader in engineering and industrial simulation, validating the performance and commercial scalability of the Company’s proprietary NVRO Process™. The study, released by ANDRITZ as part of its IDEAS™ digital-modelling success series, of customer tailings, confirms ...