COVID-19 Impact and Response - The COVID-19 pandemic has had an unprecedented impact on commercial aviation, with passenger traffic down approximately 95%[9] - The airline industry is expected to experience a revenue decline of $314 billion (55%) in 2020 due to the pandemic[9] - Gogo expects its Commercial Aviation (CA) sales to be down 60-70% in April due to the impact of COVID-19[12] - Prior to cost reductions, Gogo CA was losing $1 million per day[12] - Gogo has developed flexible action plans with "16 Levers" to manage costs, tied to revenue projections based on various scenarios[20] Financial Performance and Refinancing - Gogo successfully refinanced $162 million in convertible debt and $690 million in senior secured notes, pushing 80% of maturities to 2024[26] - Gogo improved its free cash flow by $163 million, from -$214 million to -$51 million[28] - Cash flow from operating activities improved by $146 million, from -$82 million to $64 million[28] - Adjusted EBITDA improved 104% to $146 million from $71 million in 2018[30] - Net loss improved to -$146 million from -$162 million in 2018[30] Strategic Initiatives - Gogo launched its Gogo 5G project, which is on target for a 2021 launch[29] - Gogo is focused on continuing its drive to positive free cash flow and taking advantage of consolidation in the IFEC and Satellite industries[35]

Company Overview - Cogent operates a global network carrying over 20% of all internet traffic[10] - The company's revenue is segmented into Corporate (65%) and Netcentric (35%)[10] - Cogent operates in 47 countries across 202 markets[10] Market Opportunity - Cogent estimates a potential market of over 91,000 MTOB tenants for its corporate opportunity[18] - The company wins approximately 40% of all proposals in the corporate market[18] - Cogent interconnects with over 7,330 access networks for its Netcentric customers[44] Financial Performance - In Q4 2020, On-Net revenue was 44% and Off-Net revenue was 56% of total revenue[40] - In Q4 2020, Corporate revenue was 65% and NetCentric revenue was 35% of total revenue[40] - Cogent has returned over $895 million to shareholders since its IPO[65] - Cogent's On-Net ARPU was $465 and Off-Net ARPU was $1,026 in Q4 2020[57] - In Q4 2020, On-Net Revenue was $107.1 million, Off-Net Revenue was $36.7 million, and Total Revenue was $143.9 million[64]

CSE: URL / OTC: URLOFVANCOUVER, BC, July 10, 2025 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (OTCPINK: URLOF) (the "Company") is pleased to announce that it has entered into a letter of intent (LOI) to acquire 100% of the issued and outstanding shares of SewerVUE Technology Corp. based in Coquitlam, British Columbia, Canada.SewerVUE Technology Corp's team of expert engineers has helped pioneer large-diameter pipe inspection technology with innovations such as pipe-penetrating radar and multi-sens ...

Q1 2019 Highlights - VLCC average spot rate in TI Pool was $35,195 per day, compared to $18,725 in Q1 2018[8] - VLCC average time charter rate was $27,630 per day[8] - Suezmax average spot rate was $27,380 per day, compared to $14,000 in Q1 2018[8] - Suezmax average time charter rate was $32,680 per day[8] - In Q1 so far, VLCC 535% fixed at around $26500 per day[12] - In Q1 so far, Suezmax 493% fixed at around $18000 per day[12] Financial Performance - Revenue increased to $232589 thousand in Q1 2019 from $98136 thousand in Q1 2018[13] - Net profit for the period was $19526 thousand in Q1 2019, compared to a loss of $39091 thousand in Q1 2018[13] - Result after taxation per share was $009 in Q1 2019, compared to $(025) in Q1 2018[13] - Cash increased to $1785 million in Mar-19 from $1730 million in Dec-18[15] Market Signals - US crude export outlook shows potential for growth to 2022[18] - Correlation between Euronav share price and new build VLCC value is 84%[25] - Demand 3% Supply 3% - VLCC $35K Q4 & Q1[26] Liquidity and Leverage - Liquidity increased to $785 million[17] - Leverage is 462% marked to market[16]

Q3 2019 Highlights - VLCC average spot rate in TI pool was $25,036, compared to $17,773 in Q3 2018[8] - VLCC average time charter rate was $32,790, compared to $31,374 in Q3 2018[8] - Suezmax average spot rate was $17,121, compared to $14,919 in Q3 2018[8] - Suezmax average time charter rate was $29,884, compared to $29,624 in Q3 2018[8] - Very strong start to Q4 with VLCC rates booked at $60,900 per day so far[11] - For Q4, Euronav has 90% of trading fleet exposed to spot market[11] - Outlook for Q4 shows VLCC 60% fixed at around $60,900 per day and Suezmax 48% fixed at around $27,300 per day[11] Financial Performance - Revenue for the third quarter of 2019 was $175,287 thousand[12] - Net loss for the period was $22,903 thousand[12] - Loss per share was $0.11[13] - Cash position was $183.7 million as of September 2019[14] - Leverage is at 44% marked to market[15] Market Outlook and Strategy - The company will pay quarterly dividends starting in 2020[11] - Active commercial consolidation with over 70 VLCCs on one platform from 2020[17] - IMO induced storage provides catalyst for freight rates[18] - Euronav is actively preparing for IMO 2020 by purchasing LSFO[26, 27]

Financial Performance Highlights - The company's revenue for Q1 2020 was $416.7 million, a significant increase compared to $232.6 million in Q1 2019[12] - Net income for Q1 2020 reached $225 million, substantially higher than the $19.5 million reported in Q1 2019[15, 12] - Fuel procurement project resulted in $17.5 million savings in Q1 2020, impacting VLCC rates by $5,000 per day[14] - Dividends totaling $1.08 per share will be paid in June[11] Fleet and Market Dynamics - Average spot rates for VLCCs in Q1 2020 were $72,750 per day, compared to $35,195 in Q1 2019[8] - Average spot rates for Suezmax vessels in Q1 2020 were $59,250 per day, versus $27,380 in Q1 2019[8] - For Q2, 71% of VLCC days were fixed at approximately $95,000 per day, and 57% of Suezmax days were fixed at around $65,400 per day[11] - 125 VLCCs are currently used for storage, including 65 taken for market storage in April and 38 Iranian VLCCs[31] Balance Sheet and Capital Allocation - The company's cash position increased to $312.2 million in March 2020 from $297 million in December 2019[17] - Mandatory debt repayment for Q1 2020 was $28 million, with a $69 million reduction in the Revolving Credit Facility (RCF)[19] - $100 million was allocated towards the purchase of 4 VLCC resales[19] Future Market Outlook - The company anticipates a potential storage draw in the mid-term, with two scenarios: a quick draw if contango persists, or a slow draw if backwardation occurs[32] - The company notes that 26% of the VLCC fleet is over 15 years old, suggesting a potential for fleet resizing[35]

Financial Performance in Q4 2020 - VLCC average spot rate in TI pool decreased to $20,500 per day, a significant drop compared to $61,700 in Q4 2019[8] - VLCC average time charter rate increased to $44,700 per day from $35,700 in Q4 2019[8] - Suezmax average spot rate decreased to $12,500 per day from $41,500 in Q4 2019[8] - Suezmax average time charter rate remained relatively stable at $29,500 per day compared to $29,300 in Q4 2019[8] - Revenues were $138 million[13] - EBITDA was $36 million[13] - Net income was -$58.7 million[13] - VLCC cash breakeven was $18,000 per day[13] - Suezmax cash breakeven was $16,000 per day[13] Strategic Initiatives and Capital Allocation - The company extended FSO contracts for another 10 years, until 2032[11] - A fixed cash dividend of USD 0.03 per share was declared, in line with the distribution policy[11] - An additional $50 million share repurchase program was initiated[11] - $119.5 million was returned via share buybacks in FY2020[12] - Since 2018, Euronav has returned $146 million via buybacks, plus an additional $50 million[17] Market Outlook and Factors - Q1 2021 outlook: approximately 46% of VLCC days were fixed at around $16,400 per day, and 54% of Suezmax days were fixed at around $9,200 per day[11] - The company noted sustained pressure on freight rates due to reduced demand, OPEC cuts, and an oversupply of vessels[11] - The company highlighted that 62 VLCCs will require special surveys during 2021, potentially creating conducive conditions for recycling older tonnage[21] - Recycle value for VLCC is greater than $18 million[21] - The IEA global oil demand forecast indicates that recovery to 2019 peak levels of consumption is deferred to Q3 2022[22] - Leverage is at 37.3% of book value[16, 26]

3 February 2019 Forward-Looking Statements The statements and certain other information contained in this presentation, which can be identified by the use of forward-looking terminology such as "believes," "expects," "may," "should," "intends," "plans," "estimates" or "anticipates" and variations of such words or similar expressions or the negative of such words, constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securi ...

Company Overview - ProCap Acquisition Corp is a blank check company formed to effect mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses [3] - The company is focused on completing a business combination with attractive target businesses within the financial technology industry [3] Management Team - The management team is led by Anthony Pompliano, Chief Executive Officer, and Catalina Abbey, Chief Financial Officer [4] - The Board of Directors includes Michael Gonzalez, Lindsey Haswell, and Ben Buchanan, with Brent Saunders serving as an advisor [4] IPO and Trading Information - Starting July 11, 2025, holders of the units from the initial public offering can separately trade Class A ordinary shares and redeemable warrants [1] - Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with whole warrants allowing the purchase of one Class A ordinary share at $11.50 [1] - Class A ordinary shares will trade under the symbol "PCAP" and warrants under "PCAPW" on the Nasdaq Global Market, while units will continue to trade under "PCAPU" [1]

Core Insights - Bassett Furniture Industries, Inc. reported a consolidated revenue increase of 1.1% year-over-year for Q2 2025, reaching $84.3 million, with a notable operating income of $2.5 million compared to a loss of $8.5 million in Q2 2024 [1][5]. Financial Performance - Consolidated sales for Q2 2025 were $84.3 million, up from $83.4 million in Q2 2024, reflecting a 1.1% increase [1]. - Excluding the impact of Noa Home Inc., which closed in late 2024, consolidated revenues increased by 2.5% [5]. - Operating income was $2.5 million, representing 3.0% of sales, a significant recovery from the previous year's loss of $(8.5) million [5][8]. - Gross margin improved to 55.6%, a 310 basis point increase from the prior year, primarily due to the absence of inventory valuation charges that affected the previous year's results [5][8]. - Selling, general, and administrative expenses decreased to 52.7% of sales, down 330 basis points from the prior year, attributed to restructuring and cost containment efforts [5][8]. Segment Performance - Wholesale sales increased to $54.2 million, a 3.1% rise from $52.6 million in the previous year [1][15]. - Retail sales also saw an increase, reaching $54.2 million, up 7.5% from $50.5 million in Q2 2024 [1][15]. - The Corporate & Other segment reported a loss of $(6.5) million, reflecting the closure of Noa Home Inc. [1][15]. Management Commentary - The CEO highlighted improvements in revenue and operating income despite challenges such as a weak housing market and trade tariff uncertainties [3]. - The company emphasized its focus on operational efficiency, product launches, and enhanced e-commerce capabilities as key factors in navigating the current market conditions [3]. Cash Flow and Earnings - The company generated $7.0 million in operating cash flow during the quarter [5]. - Diluted earnings per share were reported at $0.22, a recovery from a loss of $(0.82) in the prior year [5][9]. Balance Sheet Overview - Total assets as of May 31, 2025, were $331.3 million, a decrease from $341.2 million at the end of the previous fiscal year [11][12]. - Current assets increased to $144.2 million, up from $141.5 million [11]. - Total liabilities were reported at $164.6 million, with current liabilities at $74.5 million [12]. Future Outlook - The company is positioned to leverage its strong U.S. manufacturing base to serve both wholesale and retail markets effectively in the second half of fiscal 2025 [3].