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TrustBIX Inc. Receives Final Exchange Acceptance for Purchase of Indoor Farm Management System Asset
Newsfile· 2025-11-25 23:00
TrustBIX Inc. Receives Final Exchange Acceptance for Purchase of Indoor Farm Management System AssetNovember 25, 2025 6:00 PM EST | Source: TrustBIX Inc.Edmonton, Alberta--(Newsfile Corp. - November 25, 2025) - TrustBIX Inc. (TSXV: TBIX) ("TrustBIX" or the "Company") is pleased to announce that further to its press releases dated October 3, 2025 and November 7, 2025, the Company has received final acceptance from the TSX Venture Exchange for the acquisition of an Indoor Farm Management System ...
Intuit Partners with Rehmann to Empower Mid-Market Businesses with AI ERP Solutions
Small Business Trends· 2025-11-25 19:11
In an era where mid-market businesses face increasing complexities and competition, Intuit Inc. has stepped up with a powerful new offering alongside Rehmann, a professional advisory firm. Their collaboration introduces the Intuit Enterprise Suite, aimed at enhancing growth for mid-market companies by leveraging artificial intelligence within a streamlined enterprise resource planning (ERP) platform.This partnership promises to tackle the challenges small- and medium-sized enterprises (SMEs) encounter with ...
TMA Systems Completes Workday Design Approved Integration
Businesswire· 2025-11-18 15:20
Nov 18, 2025 10:20 AM Eastern Standard Time TMA Systems Completes Workday Design Approved Integration Share Take a tour of the WebTMA | Workday Integration TULSA, Okla.--(BUSINESS WIRE)--TMA Systems today announced that it has launched a Workday Design Approved Integration. TMA Systems provides customers with a seamless integration that connects WebTMA with Workday Financial Management. Seamlessly connect Workday Financials with WebTMA to unify asset, labor, and cost data—eliminating manual work and empower ...
Intuit and Rehmann partner to provide ERP services
Yahoo Finance· 2025-11-18 08:55
Core Insights - Intuit has partnered with Rehmann to launch the Intuit Enterprise Suite, a cloud-based ERP system aimed at mid-market businesses, focusing on multi-entity accounting and reporting complexities [1][2] - The collaboration seeks to enhance financial management through automation and AI-driven capabilities, providing a seamless upgrade experience for clients currently using QuickBooks [2][4] - The suite includes features such as financial management, payments processing, business intelligence tools, payroll, and human resources management, all within a unified platform [3][4] Company Strategy - Rehmann aims to leverage the Intuit Enterprise Suite to improve its clients' accounting processes and support their growth through innovative solutions [2][5] - The partnership emphasizes a commitment to operational excellence and innovation, with a focus on delivering data-driven insights for better decision-making [3][5] - Intuit's strategy includes expanding its ERP offerings through collaborations with firms like Rehmann and Cherry Bekaert, targeting businesses seeking advanced financial management tools [5]
Trackonomy and Delta Cargo Launch Pulse: A New Era of Air Freight Transparency and Efficiency
Prnewswire· 2025-11-11 15:00
Core Insights - Trackonomy collaborates with Delta Cargo to launch the Pulse platform, enhancing shipment transparency and operational reliability in air cargo operations [1][2][5] Company Overview - Trackonomy is a leader in Physical AI and smart logistics solutions, focusing on real-time intelligence and automation in logistics and supply chain management [7] - Delta Cargo, the air freight division of Delta Air Lines, serves over 290 destinations and transported over 11 million pieces of cargo in 2024 [9][10] Technology and Innovation - The Pulse platform utilizes Trackonomy's visibility technology to provide real-time location intelligence and proactive alerts for potential disruptions, improving operational efficiency [2][3] - Built on Trackonomy's Sentient Platform, Pulse integrates various data sources for predictive analytics and autonomous intervention, creating a self-optimizing network [3][4] Operational Impact - Pulse enables gate-level cargo visibility and real-time status updates, facilitating a seamless flow of data and enhancing tracking capabilities for air freight [4][5] - The system is currently active for DASH and DASH Critical shipments at multiple major U.S. airports, including Atlanta, New York, and Los Angeles [5][6] Customer Experience - Customers benefit from automatic real-time tracking through SmartTape tags, enhancing the visibility of their shipments without additional steps [6]
Clorox (CLX) Is “Down So Low,” It’s Looking Up To Me, Says Jim Cramer
Yahoo Finance· 2025-11-07 16:10
Core Viewpoint - The Clorox Company (NYSE:CLX) reported a significant revenue decline of 19% to $1.43 billion in its fiscal first quarter, attributed to an ERP software change, which has led to a new trading environment where consumer goods stocks are less favored by investors [2][3]. Financial Performance - Clorox's revenue dropped 19% to $1.43 billion, surpassing analyst estimates of $1.39 billion [2]. - The company's stock has declined over 30% for the year, reflecting broader market concerns regarding consumer packaged goods amid economic uncertainties [3]. Market Sentiment - Jim Cramer noted that the current market environment has shifted, with investors less willing to invest in consumer goods stocks during economic worries, contrasting with past behaviors [3]. - Cramer suggested that the recent dip in Clorox's shares may have reached a bottom, indicating potential for recovery as the stock was perceived to be undervalued after a poor quarter [2][3].
Lifecore Biomedical Reports Financial Results for the Three Months Ended September 30, 2025, and Provides Corporate Update
Globenewswire· 2025-11-06 21:05
Core Insights - Lifecore Biomedical reported $31.1 million in revenue for the three months ended September 30, 2025, marking a 26% increase from the same period in 2024 [11][4] - The company has signed multiple new programs with customers, indicating growth in its project pipeline [8][3] - Lifecore is focused on improving efficiency and productivity across its operations, achieving over a 20% increase in workforce productivity in manufacturing over the past year [7][4] Financial Performance - Revenue increased by $6.4 million compared to the prior year, driven by a $4.8 million rise in hyaluronic acid (HA) manufacturing revenues and a $1.6 million increase in CDMO revenues [11][12] - Gross profit for the period was $7.8 million, up from $5.4 million in the prior year, attributed to increased sales volume and manufacturing absorption [12][11] - Selling, general, and administrative expenses decreased significantly to $8.9 million from $14.8 million, reflecting cost management efforts [13][11] Strategic Initiatives - Lifecore's growth strategy includes maximizing existing customer business, advancing late-stage development programs, and acquiring new impactful business [3][4] - The company is preparing for a significant increase in customer demand expected in 2027 by qualifying new HA specifications for the Asian market [5][4] - Lifecore plans to implement a new enterprise resource planning (ERP) system in Q1 2026 to enhance inventory control and financial management [9][4] Future Guidance - For the transition period from May 26 to December 31, 2025, Lifecore expects revenue between $74 million and $76 million, with a net loss projected between $18.4 million and $16.4 million [19][10] - Adjusted EBITDA for the transition period is anticipated to be in the range of $12 million to $14 million, reflecting the company's ongoing efforts to grow and diversify its revenue streams [19][10]
AAON Reports Strong Third Quarter 2025 Results Driven by Operational Improvements and Share Gains
Prnewswire· 2025-11-06 12:00
Core Insights - AAON, Inc. reported strong demand and significant growth in backlog, reaching a record $1.32 billion, up 103.8% year-over-year and 18.1% sequentially, driven by data center applications [2][19] - Net sales for Q3 2025 increased by 17.4% to $384.2 million, with BASX-branded sales rising 95.8% to $124.8 million, while AAON-branded sales decreased by 1.5% to $259.5 million [3][14] - Gross profit margin decreased to 27.8% from 34.9% year-over-year but improved sequentially from 26.6%, primarily due to operational inefficiencies related to ERP implementation [4][14] Financial Performance - Earnings per diluted share were $0.37, down 41.3% year-over-year but up 94.7% sequentially [5][14] - The company anticipates cash flow from operations to turn significantly positive in Q4 2025, with capital expenditure plans of $180 million for the year [17][14] Operational Highlights - Production throughput improved significantly at the Longview, Texas facility, reaching 90% of target in September and exceeding that level in October [6][8] - The BASX brand is expanding its presence in the data center market, with substantial increases in production of liquid cooling equipment [7][8] Segment Performance - AAON Oklahoma segment net sales increased by 4.3% year-over-year to $238.7 million, while gross profit margin was 31.5%, down from 36.8% [9][10] - AAON Coil Products segment net sales surged by 99.4% to $70.2 million, driven by BASX-branded liquid cooling product sales [11][12] - BASX segment net sales increased by 19.2% to $75.2 million, with a gross margin of 27.0% [15][16] Backlog and Market Position - Total backlog increased to $1.32 billion, with BASX-branded backlog growing by 119.5% year-over-year [19][14] - AAON-branded equipment backlog increased by 77.1% year-over-year but declined sequentially by 14.3% [19][14] 2025 Outlook - The company expects mid-teens sales growth for FY25, with gross profit margin projected between 28.0% and 28.5% [20][14]
UniFirst Announces Financial Results for the Fourth Quarter and Full Fiscal Year of Fiscal 2025
Globenewswire· 2025-10-22 12:00
Core Insights - UniFirst Corporation reported its fourth quarter and full year financial results for fiscal 2025, highlighting a solid performance despite the absence of an extra operational week compared to the previous fiscal year [1][4]. Financial Highlights - Q4 2025 revenues were $614.4 million, down from $639.9 million in Q4 2024, but increased by 3.4% when excluding the impact of the extra week in the prior year [6][11]. - Full year revenues for fiscal 2025 reached $2.432 billion, a slight increase of 0.2%, with a 2.1% increase when excluding the extra week [6][11]. - Operating income for Q4 2025 was $49.6 million, compared to $54.0 million in Q4 2024, while full year operating income was $184.5 million, up 0.5% from the previous year [6][11]. - Net income for Q4 2025 was $41.0 million, down from $44.6 million in Q4 2024, while full year net income increased to $148.3 million from $145.5 million [6][11]. Segment Performance - The Uniform & Facility Service Solutions segment reported Q4 revenues of $560.1 million, a decrease from $586.0 million in the prior year, with organic growth of 2.9% attributed to new account sales and improved customer retention [6][11]. - The First Aid & Safety Solutions segment saw revenues of $31.1 million in Q4 2025, up from $29.3 million in Q4 2024, reflecting a strong organic growth of 12.4% [12]. - Adjusted EBITDA margin for the Uniform & Facility Service Solutions segment was 14.3% in Q4 2025, down from 14.9% in Q4 2024, impacted by investments in growth and digital transformation [6][8]. Cost and Investment Insights - Costs related to Key Initiatives, including CRM and ERP projects, amounted to $1.4 million in Q4 2025 and $6.8 million for the full year, affecting operating and Adjusted EBITDA margins [3][4][7]. - The company anticipates $7.0 million in costs related to Key Initiatives for fiscal 2026 [10]. Balance Sheet and Cash Flow - As of August 30, 2025, cash and cash equivalents totaled $203.5 million, an increase from $161.6 million in the prior year [12][17]. - Cash flow from operating activities increased to $296.9 million in fiscal 2025, reflecting a 0.5% growth [12][22]. - The company repurchased 402,415 shares for approximately $70.9 million during fiscal 2025, with $40.6 million remaining under its share repurchase authorization [12][22]. Future Outlook - For fiscal 2026, UniFirst expects revenues between $2.475 billion and $2.495 billion, with fully diluted earnings per share projected between $6.58 and $6.98 [10][12].
TrustBIX Inc. Enters into Agreement to Purchase Indoor Farm Management System Asset and Announces Board and Management Change
Newsfile· 2025-10-03 13:15
Core Viewpoint - TrustBIX Inc. has entered into an agreement to acquire an Indoor Farm Management System asset from Mindsgate Ltd., which is expected to enhance its indoor farming technology solutions [2][3]. Group 1: Proposed Transaction - The acquisition involves TrustBIX purchasing the Indoor Farm Management System (IFMS) asset in exchange for issuing 6,000,000 units, each consisting of one common share and one warrant [4]. - Each warrant allows the holder to purchase one common share at a price of $0.08 for two years from the closing date [4]. - The transaction is subject to various conditions, including obtaining necessary consents and regulatory approvals, particularly from the TSX Venture Exchange [5]. Group 2: Board and Management Change - Mr. Adam Morand has resigned from his position on the Board of Directors and as Chief Technology Officer, effective October 3, 2025 [6].