CALGARY, Alberta, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Inventronics Limited (the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, electric distribution, energy, and other industries in Canada and the USA, today announced its unaudited 2025 Q2 financial results. For the three months ended June 30, 2025, Inventronics reported net earnings of $138,000, or 2.8 cents per share, on revenue of $2,190,000 compared to net earnings of $141,000, or 2.9 cents p ...

Financial Performance - Daily Journal Corporation reported consolidated revenues of $59,286,000 for the nine months ended June 30, 2025, an increase of $9,228,000 from $50,058,000 in the prior year period, driven by higher license and maintenance fees, consulting fees, and public service fees from Journal Technologies, as well as increased advertising revenues from the Traditional Business [1] - The Traditional Business' pretax income decreased by $1,364,000 to $237,000, primarily due to increased expenses of $2,290,000, despite a revenue increase of $926,000 [2] - Journal Technologies' pretax income increased by $3,947,000 to $4,692,000, attributed to increased operating revenues of $8,302,000, partially offset by increased operating expenses of $4,355,000 [2] - Consolidated pretax income was $94,396,000, compared to $68,195,000 in the prior fiscal year period, with consolidated net income of $69,986,000 ($50.81 per share) for the nine months ended June 30, 2025, up from $51,385,000 ($37.32 per share) in the prior year [5] Marketable Securities - As of June 30, 2025, the Company held marketable securities valued at $443,011,000, including net pretax unrealized gains of $303,917,000, with a deferred tax liability of $79,260,000 for estimated income taxes due upon the sale of appreciated securities [3] Non-Operating Income - The Company's non-operating income, net of expenses, increased by $23,618,000 to $89,467,000, primarily due to net unrealized gains on marketable securities of $84,320,000, compared to realized and unrealized gains of $62,472,000 in the prior fiscal year [4] - There was also an increase in dividends and interest income of $301,000 to $6,158,000 from $5,857,000 [4] Tax Provision - For the nine months ended June 30, 2025, the Company recorded an income tax provision of $24,410,000 on the pretax income of $94,396,000, resulting in an overall effective tax rate of 25.9% [6]

Bithumb reported its financial results for the first half of the year, with revenue reaching KRW 329.164 billion (approximately $239M), up about 35% year-on-year. Operating profit for the same period was KRW 90.124 billion, down 5.7% year-on-year, while net profit stood at KRW 55.040 billion, a 46.5% decrease compared to the same period last year. https://t.co/xynoTHwF01 ...

Financial Performance - Net operating revenues for Q2 2025 were $20.3 million, down from $23.1 million in Q2 2024, representing a decrease of approximately 12.1% [2] - Net income attributable to common shareholders in Q2 2025 was $0.3 million, compared to $1.0 million in Q2 2024, indicating a decline of 70% [2] - Basic net income per share for Q2 2025 was $0.07, down from $0.24 in Q2 2024, a decrease of 70.8% [2] Year-to-Date Performance - For the first six months of 2025, net operating revenues were $36.3 million, compared to $41.9 million for the same period in 2024, a decrease of approximately 13.4% [3] - The company recorded a net loss of approximately $1.2 million in the first half of 2025, compared to a net loss of $25,000 in the first half of 2024 [3] - Basic net loss per share for the first six months of 2025 was $0.31, compared to a loss of $0.01 in the same period of 2024 [3] Business Operations - Avalon Holdings Corporation provides waste management services to various sectors including industrial, commercial, municipal, and governmental customers in selected northeastern and midwestern U.S. markets [4] - The company also operates captive landfill management services and salt water injection well operations, along with Avalon Resorts and Clubs Inc., which includes hotel operations, golf courses, and a multipurpose recreation center [4] Revenue Breakdown - In Q2 2025, waste management services generated $9.742 million, down from $12.220 million in Q2 2024 [5] - Food, beverage, and merchandise sales were $3.760 million in Q2 2025, slightly down from $3.996 million in Q2 2024 [5] - Total golf and related operations revenue was $10.510 million in Q2 2025, compared to $10.837 million in Q2 2024 [5] Cost and Expenses - Operating costs for waste management services were $7.489 million in Q2 2025, down from $9.527 million in Q2 2024 [5] - Total operating expenses for the first six months of 2025 were $37.1 million, compared to $41.9 million in the same period of 2024 [5] - Selling, general, and administrative expenses were $2.453 million in Q2 2025, down from $2.654 million in Q2 2024 [5] Balance Sheet Highlights - As of June 30, 2025, total assets were $88.055 million, an increase from $86.186 million at the end of 2024 [6] - Current assets increased to $17.255 million from $14.556 million at the end of 2024 [6] - Total shareholders' equity decreased to $35.577 million from $37.052 million at the end of 2024 [6]

Financial Data and Key Metrics Changes - The company reported revenues of $81 million, a 13% increase from the previous year [4] - Cash flow from operating activities reached a record $48 million, up 21% year-over-year [4] - Net income for the quarter was $18.1 million, or $0.08 per share, down from $21.9 million or $0.12 per share in 2025 [5] - Adjusted net income was $21 million or $0.10 per share, compared to $20.6 million or $0.11 per share in the prior year [5] - The cash position at the end of the quarter was $377 million, an increase of $8 million from March [6] Business Line Data and Key Metrics Changes - Silver sales increased by 595%, while gold sales rose by 1245% compared to Q1 of last year [4] - Silver contributed 66% of Q1 revenue, lead contributed 18%, and gold contributed 7% [4] - Production of silver was approximately 1.8 million ounces, gold was just over 2,000 ounces, lead was 16 million pounds, and zinc was 5 million pounds [7] - Production costs averaged $83 per tonne at Ying, down 8% from last year [7] - Consolidated cash cost per ounce of silver was $1.11, compared to a negative $1.67 in the prior year [8] Market Data and Key Metrics Changes - The company disclosed a potential production shortfall of 20% to 25% for the current quarter due to regulatory delays following a fatal accident [11] - The company is awaiting regulatory sign-off to resume production in certain closed areas [11] Company Strategy and Development Direction - The company is focused on building a larger and more diversified mining company, with ongoing projects at Aldomo and Condor [23] - Investments in ramp and tunnel development at Ying are aimed at enhancing underground access [12] - The company plans to complete a Preliminary Economic Assessment (PEA) for the Condor gold project by year-end [14] Management's Comments on Operating Environment and Future Outlook - Management expressed commitment to safety and is implementing changes based on recommendations from a government investigation following a fatal accident [10][12] - The company is cautious about the potential impact of the production shortfall on future guidance [19] - Management indicated that adjustments to mine plans will be made for the current quarter and the rest of the year [19][34] Other Important Information - The company invested over $18 million in operations in China and $7.6 million in Ecuador during the quarter [6] - A lawsuit seeking to void the environmental license for the Al Domo project was dismissed by the local court [14] Q&A Session Summary Question: Is Silver Corp continuing to work with the contractor involved in the incident at Ying? - The contractor will continue to be used at various locations, but the individual responsible has been dismissed [18] Question: Will there be an increase in cash costs due to the production shortfall? - It is too early to determine the exact impact on cash costs, but adjustments to mine plans will be made [19] Question: What percentage of overall operating costs are fixed at Ying? - The company needs to revisit the analysis as it has been a while since it was last conducted [20] Question: Will the Kupangyang mine be consolidated under Ying? - Kupangyang is a separate mining operation but will contribute to overall corporate production [21] Question: What can be done to close the valuation gap with peers? - The company is focused on building a diversified mining company, which should help close the gap over time [23] Question: What is the current status of construction at Al Domo? - Construction is progressing well, with expectations for a significant ramp-up in tons moved starting in August [30] Question: When will the company draw down on the stream proceeds? - The company anticipates drawing down towards the end of the current quarter or early next quarter [32] Question: Is the company still comfortable with its production guidance? - It is too early to address guidance adjustments, and the company will assess the true impact of production issues [34]

Core Viewpoint - NASB Financial, Inc. reported a net income of $6.9 million for the quarter ended June 30, 2025, reflecting an increase from the previous quarter and a slight increase year-over-year [1][2]. Financial Performance - For the quarter ended June 30, 2025, net income was $6.9 million or $0.96 per share, compared to $5.8 million or $0.80 per share for the quarter ended March 31, 2025, and $6.8 million or $0.92 per share for the quarter ended June 30, 2024 [1]. - For the nine months ended June 30, 2025, net income totaled $20.7 million or $2.86 per share, down from $22.1 million or $2.99 per share for the same period in 2024 [2]. Financial Highlights - Net interest income for the quarter was $19.957 million, compared to $19.560 million in the previous quarter and $19.802 million in the same quarter last year [4]. - Provision for credit losses was $370 thousand for the quarter, up from $135 thousand in the previous quarter and a recovery of $9 thousand in the same quarter last year [4]. - Non-interest income increased to $2.4 million from $518 thousand in the previous quarter and $1.174 million in the same quarter last year [4]. - Non-interest expense was $12.833 million, slightly up from $12.240 million in the previous quarter and $12.399 million in the same quarter last year [4]. - Total assets as of June 30, 2025, were $2.939 billion, a decrease from $3.034 billion in the previous quarter and an increase from $2.787 billion year-over-year [4]. - Total loans held for investments and mortgage-backed securities were $2.162 billion, consistent with the previous quarter and slightly up from $2.161 billion year-over-year [4]. - Customer and brokered deposit accounts totaled $1.835 billion, down from $1.918 billion in the previous quarter and up from $1.700 billion year-over-year [4]. - Stockholders' equity increased to $423.572 million from $420.814 million in the previous quarter and $407.079 million year-over-year [4]. Financial Ratios - Book value per share was $58.70, up from $58.18 in the previous quarter and $55.06 year-over-year [4]. - Earnings per share for the quarter was $0.96, compared to $0.80 in the previous quarter and $0.92 year-over-year [4]. - Return on assets (annualized) was 0.92%, up from 0.78% in the previous quarter and down from 0.96% year-over-year [4]. - Return on equity (annualized) was 6.54%, up from 5.57% in the previous quarter and down from 6.70% year-over-year [4].

Financial Performance - The company will review Q2 financial results [1] - The company will introduce new metrics [1] Company Updates - The company will provide an update on its capital plan [1] - The company will discuss $MSTR, $STRK, $STRF, $STRD, and $STRC [1] Investor Relations - The company will host a live Q&A session [1]

Core Insights - Scholastic Corp. reported strong second-quarter results, with adjusted earnings of 87 cents per share, surpassing the analyst consensus estimate of 85 cents [1] - Quarterly revenue reached $508.3 million, exceeding the Street estimate of $494.58 million [1] Financial Performance - The company achieved solid financial results in fiscal 2025, with strong Adjusted EBITDA aligning with original guidance [2] - Continued strength in Children's Book Publishing and Distribution, along with disciplined cost management, helped mitigate macroeconomic pressures on school spending affecting the Education division [3] Future Outlook - Scholastic anticipates "significant growth" in fiscal 2026 Adjusted EBITDA, projecting it to be between $160 million and $170 million, driven by core business strength and cost savings, despite ongoing challenges in school spending [4] - Revenue growth is expected to be between 2% to 4% in fiscal 2026 [4] Stock Performance - Following the earnings report, Scholastic stock rose by 12.39%, reaching $24.22 in extended trading [4]

Core Viewpoint - Environmental Tectonics Corporation (ETC) reported a 39% increase in operating income for the first fiscal quarter of 2026, driven by increased sales in Aircrew Training Systems (ATS) and reduced operating expenses compared to the previous year [2][7]. Financial Performance - **Net Income**: Net income for the first fiscal quarter of 2026 was $1.3 million, or $0.07 diluted earnings per share, a slight decrease from $1.4 million or $0.08 diluted earnings per share in the same quarter of 2025 [3][21]. - **Net Sales**: Net sales increased to $17.6 million, up $4.1 million or 30.5% from $13.5 million in the prior year, primarily due to a 74.9% increase in ATS sales [4][21]. - **Gross Profit**: Gross profit was $4.7 million, representing 26.5% of net sales, compared to $4.5 million or 33.6% of net sales in the previous year [5][21]. - **Operating Expenses**: Operating expenses decreased by $0.5 million, or 16.0%, to $2.5 million, mainly due to lower research and development costs [6][21]. - **Operating Income**: Operating income rose to $2.2 million, an increase of $0.6 million or 39.4% compared to the previous year [7][21]. Expense Analysis - **Interest Expense**: Interest expense increased to $0.6 million, a rise of $0.4 million or 385.3% from the previous year, due to increased borrowing [9][21]. - **Income Tax Provision**: The income tax provision was $0.4 million, up from $0.0 million in the prior year, reflecting a non-cash tax expense related to the utilization of Net Operating Loss carryforwards [10][21]. Cash Flow Overview - **Operating Activities**: Cash flows used in operating activities were $2.7 million, a decrease of $5.6 million compared to $2.9 million provided in the previous year [11][21]. - **Investing Activities**: Cash used for investing activities remained consistent at $0.1 million for both quarters [12][21]. - **Financing Activities**: Financing activities provided $1.0 million in cash during the first fiscal quarter of 2026, contrasting with $3.1 million used for repayments in the previous year [12][21]. Business Segments - ETC operates primarily in two segments: Aerospace Solutions and Commercial/Industrial Systems, focusing on products and services for government and civil aviation organizations [14][16].

Core Viewpoint - Asante Gold Corporation reported significant operational progress and financial results for Q1 2026, with expectations for continued growth and production increases in the coming years [3][5][14]. Financial Results - Revenue for Q1 2026 was $141.98 million, a 24% increase from $114.31 million in Q1 2025, driven by higher gold prices despite a lower volume of gold sold [4][5]. - Total comprehensive loss for the quarter was $(20.04) million, compared to $(16.04) million in the same period last year [4]. - Adjusted EBITDA rose to $30.66 million from $13.03 million year-over-year, reflecting the impact of high gold prices [6]. Operational Results - Gold equivalent production was 51,912 ounces, down from 53,379 ounces in the same quarter of the previous year, attributed to lower feed grades at the Bibiani mine [7][11]. - The average gold price realized per ounce was $2,946, compared to $2,133 in the same period last year [5]. - All-in sustaining costs (AISC) increased by 58% to $2,971 per ounce, primarily due to increased stripping costs and lower grade ore [8][12]. Bibiani Mine Performance - Total material mined at Bibiani increased by 291.4% to 11,970 kt, while ore mined decreased by 4.8% to 558 kt [9][10]. - The strip ratio at Bibiani was 20.5:1, significantly higher than 4.2:1 in the previous year, reflecting the company's strategy to reduce waste stripping backlog [9][10]. - Revenue from Bibiani was $46.67 million, up from $41.31 million year-over-year, with an average gold price realized of $2,794 per ounce [9]. Chirano Mine Performance - Revenue for the Chirano mine was $95.31 million, an increase from $73.00 million in the same quarter of 2024 [15]. - Gold equivalent production was 34,671 ounces, slightly up from 34,196 ounces year-over-year, despite a decrease in ore grade processed [19]. - AISC for Chirano increased to $2,587 per ounce from $1,951 per ounce, driven by higher sustaining capital expenditures [20]. Future Outlook - The company plans to produce between 155,000 and 175,000 gold ounces at both Bibiani and Chirano for the year ending January 31, 2026, with significant production increases expected in the latter part of the fiscal year [14][21]. - The commissioning of the sulphide treatment plant is anticipated to enhance gold recovery and is expected to be fully operational by Q3 2026 [13][14].