Core Viewpoint - Super League has undergone a significant transformation over the past ten months, moving from stabilization to execution, and is now positioned for growth, profitability, and long-term value creation [2][3][16] Financial Performance - The company anticipates the fourth quarter of 2025 to be its strongest revenue quarter, with momentum continuing into the first quarter of 2026, which is expected to outperform both the previous quarter and the same period last year [3][16] Strategic Focus - Super League emphasizes the importance of understanding audience motivations and engagement, asserting that play is a competitive advantage that shapes consumer behavior and brand interactions [4][5] - The company has streamlined its operations, strengthened its balance sheet with approximately $14 million in cash as of December 31, 2025, and eliminated legacy constraints to focus on a more effective operating model [6][12] Organizational Structure - Super League is organized around three interconnected functions: Platform and Data, Advertising and Marketing Solutions, and Strategic Properties, each designed to enhance operational momentum [8][9][10][11] - The acquisition of Bounce is highlighted as a significant step in enhancing automation, measurement, and campaign execution capabilities [9] Growth and Profitability - The company is committed to maintaining profitability as a prerequisite for sustained progress while pursuing growth opportunities [13] - Super League is exploring broader digital asset strategies and evaluating opportunities that align with its core business, aiming for responsible monetization [14] Transition and Future Outlook - The recent reverse stock split is seen as a strategic move to enhance focus and execution capabilities [15] - Super League is now more streamlined and better capitalized than a year ago, with renewed momentum and sharper priorities [16]

TAIPEI, TW / ACCESS Newswire / December 16, 2025 / Nocera, Inc. (NASDAQ:NCRA) ("Nocera" or the "Company"), an industry-agnostic, acquisition-focused company, today announced that the Company plans to allocate $2 million for the purchase of Bitcoin (BTC) for its corporate treasury over the coming weeks.Bitcoin purchased will be held in the U.S. with an institutional-grade custodian. While Bitcoin represents the Company's initial digital asset initiative, Nocera expects to remain flexible in its approach a ...

Core Viewpoint - iPower Inc. reported a solid start to fiscal 2026, highlighting improvements in cost management and operational efficiencies, alongside a strategic shift towards a diversified supply chain [3]. Financial Performance - Total revenue for Q1 2026 was $12.0 million, down from $19.0 million in Q1 2025, primarily due to lower product sales to the largest channel partner, partially offset by growth in SuperSuite offerings [4][8]. - Gross profit decreased to $4.8 million from $8.5 million year-over-year, with a gross margin of 40.0%, down from 44.7%, attributed to an increase in services income [5][8]. - Operating expenses were reduced by 42% to $6.5 million compared to $11.2 million in the prior year, driven by personnel reductions and improved operational efficiencies [6][8]. - The net loss attributable to iPower improved to $0.5 million or $(0.51) per share, compared to a net loss of $2.1 million or $(1.94) per share in the same quarter last year [7][8]. Debt and Cash Position - Cash and cash equivalents were $0.9 million as of September 30, 2025, down from $2.0 million at June 30, 2025 [7]. - Total debt was reduced by 48% to $1.9 million from $3.7 million as of June 30, 2025, reflecting the company's debt paydown efforts [7][8]. Strategic Initiatives - The company is transitioning to a more diversified and domestically anchored supply chain, reducing reliance on China imports, which enhances logistical control and mitigates tariff-related risks [3]. - iPower is focused on building a more efficient and profitable organization, with plans to leverage its e-commerce infrastructure to connect consumers with digital asset products [3].

Financial Data and Key Metrics Changes - Q3 2025 revenues decreased to $2.4 million, marking a historical low point for the company [12] - Gross margin improved to 45%, up from 44% in Q2 and 39% in Q3 of 2024 [13] - Pro forma operating costs decreased by 29% compared to the respective prior year periods [13] - Operating loss on a cash basis improved by 23% for Q3 2025 despite the decline in revenue [13] - Booked revenue for Q4 is already higher than Q3 revenue, indicating positive momentum [15] Business Line Data and Key Metrics Changes - Roblox opportunities now represent only 42% of the pipeline, down from 57% in 2024 [14] - Playable and in-game mobile advertising now accounts for 20% of the pipeline and 15% of Q3 revenue [15] - The company launched 12 Pop-Up programs by the end of 2025, which are expected to become more meaningful in 2026 [11][12] Market Data and Key Metrics Changes - Total ad spend in connected TV is projected to grow from $33 billion in 2025 to $47 billion by 2028 [9] - The gaming content and media space is gaining recognition, as evidenced by the success of the gaming summit organized by Super League [6] Company Strategy and Development Direction - The company aims to achieve profitability and increase shareholder value as its highest priority [3] - Focus on enabling brands to engage consumers through gaming, targeting a broader audience beyond hardcore gamers [4] - Plans to explore digital asset strategies that could fuel growth, with a target launch in Q1 of the following year [17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's stronger position and ability to grow after overcoming previous challenges [2] - There are encouraging signs of budget openings in the advertising market, indicating a potential recovery [21] - The company sees significant growth potential in mobile gaming and connected TV partnerships [23] Other Important Information - The company has eliminated its debt and is fully compliant with Nasdaq listing requirements [3] - A strategic partnership with Evo Fund enhances the company's growth potential through access to a global network [3] Q&A Session Summary Question: Expectations for future operating expenses - Management indicated that current operating expense levels are expected to be a good base moving forward, with no immediate additional reductions anticipated [19] Question: Sentiment around the broader advertising market - Management noted a recent flight to safe havens in advertising budgets but observed that budgets are beginning to open up again [21] Question: Future revenue mix from Roblox and other platforms - Management expects Roblox to remain a significant revenue source, projecting it will not dip below a third of revenue in 2026, while also highlighting growth in mobile and connected TV [22][23] Question: Digital strategy leadership - The company is in the process of finding a board member with deep experience in the digital asset space and plans to bring in advisors with strong track records [24][25] Question: Pop-ups as a lead generation tool - Management confirmed that pop-ups serve as a low-friction entry point for brands, facilitating larger revenue opportunities through successful initial engagements [26]

Core Insights - T. Rowe Price reported moderate growth in Q3, exceeding Wall Street expectations for revenue and adjusted earnings, driven by solid investment returns and progress in ETFs and alternative investments [1][2] - CEO Rob Sharps highlighted improvements in one-year fund performance and positive momentum in retirement-focused products [1] Financial Performance - Revenue reached $1.91 billion, surpassing analyst estimates of $1.87 billion, reflecting a 6.9% year-on-year growth and a 2.2% beat [5] - Adjusted EPS was $2.81, exceeding analyst estimates of $2.54, marking a 10.5% beat [5] - Adjusted EBITDA stood at $785.8 million, with a margin of 41.2%, beating estimates of $757.6 million [5] - Operating margin was 33.7%, consistent with the same quarter last year [5] - Market capitalization is reported at $22.29 billion [5] Analyst Insights - Questions from analysts focused on T. Rowe Price's digital asset strategy, with management emphasizing internal expertise and gradual product rollout [5] - The economics of the Goldman Sachs partnership were described as balanced, with shared incentives but no specific financial details provided [5] - Management acknowledged weaker near-term flows due to higher equity redemptions, indicating a need for alternatives and retirement products to scale further [5] - Initial launches of co-branded Target Date products are planned for mid-2026, with potential slow client uptake due to regulatory and fee concerns [5] - Recent investment performance was attributed to a narrow market environment and some stock selection missteps, with recent changes in portfolio management acknowledged [5]

Core Insights - Super League is advancing its digital asset strategy following successful financing from Evo Fund, with plans to launch in Q1 2026 [1][2] - The partnership with Evo Fund is expected to enhance Super League's capabilities in integrating digital assets into its platform strategy, aiming to empower brands and creators [2][7] Company Overview - Super League is a leader in playable media, focusing on connecting brands with consumers through playable ads and gamified content across various platforms [3] - The company utilizes proprietary technologies and a network of creators to drive measurable impact in the attention-driven economy [3] Strategic Developments - The company has initiated a search for a digital asset expert to join its Board of Directors, enhancing its strategic capabilities as it enters a new growth phase [7] - Discussions with multiple potential partners are underway to support the design and execution of the digital asset strategy, targeting a launch in Q1 2026 [7]

Financial Performance and Key Metrics - The group reported a statutory profit after tax of £3.3 billion with a return on tangible equity (RoTE) of 11.9% for the year to date, which would be 14.6% excluding the motor provision [8][26] - Year-to-date net income reached £13.6 billion, a 6% increase compared to the previous year, driven by growth in net interest income and a 9% rise in other operating income [9][18] - Operating costs increased by 3% year-on-year to £7.2 billion, in line with expectations, while the asset quality ratio improved to approximately 20 basis points for the full year [10][25] Business Line Performance - Group lending balances increased by £18 billion or 4% year-to-date, with retail lending growing by £5.1 billion, primarily due to a rise in the mortgage book [12][13] - Deposits grew by £14 billion or 3% year-to-date, with a £2.8 billion increase in Q3, driven by retail and commercial sectors [14] - Other operating income for the year to date was £4.5 billion, up 9% year-on-year, with significant contributions from motor and LPG investments [18][19] Market Data and Key Metrics - The net interest margin (NIM) for Q3 was 3.06%, reflecting a gradual increase, and is expected to continue growing into 2026 [9][40] - The group anticipates net interest income for the full year to be around £13.6 billion, slightly above previous guidance [17][43] - The asset quality remains strong, with low levels of new arrears and a year-to-date impairment charge of £618 million [25][26] Company Strategy and Industry Competition - The full acquisition of Schroders Personal Wealth, now rebranded as Lloyds Wealth, aims to enhance the group's wealth management capabilities and customer propositions [6][52] - The company is advancing its digital asset strategy, including partnerships for tokenized deposits and FX derivatives, which are expected to drive customer opportunities [7][59] - The management remains confident in achieving its 2026 targets, including a RoTE exceeding 15% and capital generation above 200 basis points [88] Management Commentary on Operating Environment and Future Outlook - Management expressed disappointment regarding the additional £800 million charge related to motor commissions but remains confident in the underlying business performance [4][31] - The company expects continued growth in net interest income and margin despite headwinds from mortgage refinancing [74] - The management highlighted the importance of maintaining cost discipline while driving income growth and capital generation [21][31] Other Important Information - The total provision for potential motor commission remediation costs has reached £1.95 billion, reflecting the adverse outcomes anticipated from FCA proposals [23][68] - The company is focused on integrating the newly acquired wealth management business and enhancing customer propositions [55] Q&A Session Summary Question: Sensitivity around motor finance provision - Management indicated that the current provision of £1.95 billion is based on scenario analysis and reflects the adverse end of expected outcomes from FCA proposals [36][37] Question: Expectations for net interest margin (NIM) growth - Management confirmed expectations for NIM to increase in Q4, driven by structural hedge contributions, and anticipates continued growth into 2026 [40][41] Question: Wealth management strategy and inorganic expansion - Management expressed satisfaction with the acquisition of Lloyds Wealth and emphasized focusing on organic growth rather than inorganic expansion at this stage [51][55] Question: Nonbanking funding costs and trends in other operating income - Management reported that nonbanking net interest income is running about 10% ahead of last year, driven primarily by volume growth rather than rate increases [96][98]

Core Insights - Kazakhstan has launched the Alem Crypto Fund as its first national crypto reserve, selecting BNB as the initial digital asset through a partnership with Binance Kazakhstan [1][2] - The fund aims to serve as a reliable instrument for major investors and a foundation for digital state reserves, potentially facilitating state-level savings in the future [2][3] - President Kassym-Jomart Tokayev's directive emphasizes the accumulation of a strategic reserve of promising assets, with up to $1 billion allocated for technological growth in high-tech and fintech sectors [4] Group 1: Fund and Asset Selection - The Alem Crypto Fund is managed by Qazaqstan Venture Group and registered within the Astana International Financial Centre ecosystem [1] - BNB, with a market capitalization exceeding $138 billion, is recognized as one of the most reputable digital assets globally [2] - The selection of BNB marks a significant step towards institutional recognition of cryptocurrencies in Kazakhstan [3] Group 2: Regulatory Framework and Initiatives - Kazakhstan has approved stablecoin payments for regulatory fees, with Bybit being the first exchange to sign a Memorandum of Understanding with the Astana Financial Services Authority [5] - The regulatory framework allows participants to settle fees in U.S. dollar-pegged stablecoins through licensed Digital Asset Service Providers [5][6] - Plans are in place to channel portions of Kazakhstan's gold and foreign exchange reserves into crypto-linked investments [6]

Market Trends & New Entrants - Circle's IPO experienced a 500% increase upon launch [1] - XPL is recognized as the year's most prominent token [1] - Cloudflare's CEO unveiled their stablecoin project this week [1] - USDH has recently been launched [1] - MegaETH announced their USDm stablecoin [1] - A Korean Won stablecoin is in development on Avalanche [1] - Stripe is rumored to be launching a stablecoin early next year [1] Investment & Funding - ZeroHash secured $104 million to develop a stablecoin [1] Regulatory Landscape & Projections - The GENIUS Act was enacted this past summer [1] - The US Treasury Secretary Bessent aims for a total stablecoin supply of $3 trillion by 2028 [1] Industry Outlook - The demand for stablecoin exposure is considered virtually limitless [2] - All major banks are actively exploring their digital asset strategies [2] - The industry is entering a "Stablecoin Supercycle" [2]

Core Insights - ULTRA, Avalanche's tokenized U.S. Treasury fund, aims to enhance the usability of digital dollars by converting traditional U.S. Treasury securities into digital tokens for easier trading and settlement [1] - The stablecoin market, valued at approximately $280 billion, has set a precedent for tokenized assets, prompting asset managers to seek money market exposure [2] - A favorable regulatory environment, including the GENIUS Act, has accelerated interest in digital asset strategies among enterprises and institutions, leading to a sense of urgency in the market [3] Tokenization and Institutional Adoption - Recent institutional investments in tokenized assets on Avalanche, such as SkyBridge's deployment of around $300 million, highlight the growing trend of moving funds on-chain [4] - Asset managers are increasingly inclined to tokenize assets on public networks, which reduces operational friction and allows for lower investment minimums, thereby broadening the investor base [5] - Grove Finance's deployment of $250 million in real-world assets on Avalanche indicates a strategic preference for Avalanche over Ethereum, attributed to its unique infrastructure that supports interoperability [6]