GAAP Measures: Segment profits increased by 2% to reach $73.2 million during the quarter.Net income attributable to owners decreased to $27.9 million, or $1.22 per diluted share compared to $34.9 million, or $1.46 per diluted share in Q3-24.Cash flows provided by operating activities were $39.0 million compared to $66.4 million in Q3-24, a decrease of $27.4 million mainly attributable to timing of collection on accounts receivable related to our retail segment and higher income taxes paid. Excluding non-cas ...

PresentationAnna CastroInvestor Relations Manager Good afternoon, everyone, and welcome to Vinci Compass Investor Day 2025. My name is Anna Castro, I'm Shareholder Relations Manager for Vinci Compass. We're thrilled that you could join us today, both those present here with us in New York at NASDAQ's market site as well as those watching us online through the webcast. We'll start in just a moment. Before that, I just have to share some important disclaimers with you. Today's event may include forward-looki ...

Group 1 - The presentation is part of CenterPoint's 2025 Investor Update, featuring key management members including the CEO and CFO [1] - Management will discuss projections and forward-looking statements based on their beliefs and available information [2] - Forward-looking statements are subject to risks and uncertainties, and actual results may differ materially from projections [3] Group 2 - The call will include discussions on non-GAAP measures, specifically adjusted diluted earnings per share (non-GAAP EPS) [4]

Acquisition Details - Russel is acquiring assets from Kloeckner Metals Corporation, including seven US locations and related assets [13] - The purchase price is US$51.5 million plus the net book value of working capital, totaling US$118.6 million as of June 30, 2025 [13] - The acquired Kloeckner operations historically generated approximately US$500 million in revenue and US$20 million in Adjusted EBITDA annually (from January 1, 2023 to June 30, 2025) [13] - The acquisition is expected to close in late 2025 or early 2026 and will be financed from existing liquidity [13] Strategic Rationale - The acquisition expands Russel's US footprint and enhances geographic coverage in key industrial hubs [15, 16] - It increases the proportion of Russel's US revenue base to over 50% on a pro forma basis [13] - The company plans to reinvest in the acquired locations to improve operating performance [13, 16] Financial Position - As of June 30, 2025, Russel had $566 million in liquidity [13] - Pro forma for the Kloeckner acquisition, net debt increases from C$104 million to C$266 million [18] - Pro forma for the Kloeckner acquisition, Net Debt/Invested Capital increases from 6% to 14% [18] - Russel reduced invested capital related to the Samuel acquisition by approximately C$100 million through facility closure and real estate monetization [19]

Investor Presentation September 2025 NN Blue Dark Charcoal Platinum Pewter Orange Green Forward Looking Statement & Disclosures This presentation contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook for the full year of fiscal 2025, the impact of, and our ability to execute, our corporate strategies and business initiatives and the potential impact tariffs, high interest rates, ...

Core Insights - AYR Wellness Inc. has filed its unaudited interim condensed consolidated financial statements for Q1 2025, ending March 31, 2025 [1] - The financial statements and Management's Discussion and Analysis (MD&A) are available for review on SEDAR+ and the SEC's EDGAR system [2] - Shareholders and interested parties are encouraged to review the filed materials for comprehensive information regarding the Company's operating performance and liquidity position [3] Non-GAAP Measures - The Company reports non-GAAP measures to evaluate business performance and manage capital structure, which may not be comparable to similar measures from other issuers [4] - Non-GAAP measures such as "Adjusted EBITDA" and "Adjusted Gross Profit" are provided to complement GAAP measures and offer further understanding of operational results [5][6] - Adjusted EBITDA is defined as income from continuing operations before interest and taxes, adjusted for non-core costs and non-cash items [7] - Adjusted Gross Profit represents gross profit adjusted for certain costs, including interest and depreciation, with reconciliations provided in the MD&A [8] Company Overview - AYR Wellness is a vertically integrated U.S. multi-state cannabis operator with over 90 licensed dispensaries and a portfolio of cannabis CPG brands [11] - The Company aims to deliver high-quality cannabis products while positively impacting its team members and the communities it serves [11]

Core Viewpoint - Skyward Specialty announced the acquisition of Apollo, indicating a strategic move to enhance its market position and capabilities in the industry [2]. Group 1: Acquisition Details - The acquisition of Apollo was discussed during a webcast, highlighting the involvement of key executives from both companies [2]. - Andrew Robinson, Chairman and CEO of Skyward Specialty, and Mark Haushill, CFO, provided prepared remarks regarding the acquisition [2]. Group 2: Executive Participation - The call featured participation from David Ibeson, CEO of Apollo, who joined from London, emphasizing the collaborative nature of the acquisition process [2]. - The webcast format allowed for a structured presentation followed by a Q&A session, facilitating direct communication with stakeholders [2].

Core Insights - Mattr Corp reported strong revenue growth of 33% year-over-year in Q2 2025, driven by the acquisition of AmerCable and increased sales of Xerxes products, despite challenges in the composite pipe segment [4][9][22] - The company completed its strategic transformation by selling its last remaining pipe coating business, Thermotite, for US$37.4 million, marking a significant shift in its operational focus [5][13] - Adjusted EBITDA from continuing operations increased by 5% to $42.5 million, reflecting operational resilience amid macroeconomic challenges [12][41] Financial Performance - Revenue from continuing operations reached $321 million in Q2 2025, up from $241 million in Q2 2024, with a net operating loss of $7 million [5][7] - The Connection Technologies segment saw a 99% revenue increase to $177 million, while the Composite Technologies segment experienced a 5% decline to $144 million [5][22] - The company reported diluted Adjusted EPS of $0.12, down from $0.32 in the prior year [7][41] Operational Developments - Mattr completed its North American production footprint revitalization, with all new facilities now operational, aiming for normalized production levels by 2026 [4][29] - The company incurred $7 million in costs related to modernization, expansion, and optimization (MEO) during the quarter, which are expected to cease in future periods [5][11] - The company is focused on enhancing operational efficiency and extracting synergies from its expanded wire and cable portfolio following the AmerCable acquisition [6][29] Market Conditions - The company faces ongoing uncertainty in global trade and macroeconomic conditions, which have affected customer purchasing behavior, particularly in automotive and energy sectors [6][27] - Recent US tariffs on copper products are anticipated to impact the company's wire and cable business, potentially increasing input costs [27][29] - Despite these challenges, Mattr remains optimistic about long-term growth opportunities in critical infrastructure markets [6][32]

Core Viewpoint - Mattr Corp reported strong operational and financial results for Q2 2025, demonstrating resilience amid global economic uncertainty, with significant revenue growth driven by the acquisition of AmerCable and a diversified product portfolio [4][8]. Financial Performance - Revenue from Continuing Operations for Q2 2025 was $321 million, a 33% increase from $241 million in Q2 2024, primarily due to the addition of AmerCable and higher sales of Xerxes products [5][8]. - Adjusted EBITDA from Continuing Operations increased by 5% to $42.5 million compared to $40.4 million in the prior year quarter [11][40]. - The Connection Technologies segment saw a revenue increase of 99% to $177 million, while the Composite Technologies segment experienced a 5% revenue decline to $144 million [5][20]. Operational Highlights - The company completed its strategic transformation by selling its last remaining pipe coating business, Thermotite, for proceeds of approximately $37.4 million [12][4]. - Mattr's North American production network revitalization activities were completed, with expectations for normalized production levels by 2026 [4][25]. - The company incurred $7 million in Modernization, Expansion, and Optimization (MEO) costs during the quarter, which are expected to be eliminated in future periods [5][40]. Segment Performance - The Connection Technologies segment's Adjusted EBITDA was $22 million, a 28% increase year-over-year, while the Composite Technologies segment's Adjusted EBITDA decreased by 10% to $25 million [5][23]. - The decline in Composite Technologies revenue was attributed to lower sales of composite pipe for international customers, partially offset by increased sales of Xerxes products [20][21]. Market Conditions and Outlook - The company anticipates modestly lower revenue and Adjusted EBITDA in Q3 2025 due to ongoing global trade uncertainties and recently implemented US tariffs on copper products [6][25]. - Mattr continues to focus on enhancing operational efficiency and extracting commercial synergies from its expanded wire and cable portfolio [6][25]. - The company expects to maintain a strong balance sheet while prioritizing technology development and share repurchases under its Normal Course Issuer Bid (NCIB) [6][25].

Financial Data and Key Metrics Changes - Revenue for Q2 2025 was $8.3 million, compared to $7.1 million in Q1 2025 and $8.5 million in Q2 2024, indicating a sequential increase driven by product shipments in the home and enterprise market [26] - Non-GAAP gross profit margin for Q2 2025 was 46%, down from 49.9% in Q1 2025 and 51% in Q2 2024, reflecting a unique product mix [26] - Non-GAAP operating expenses decreased to $9.7 million in Q2 2025 from $10.4 million in Q1 2025 and $12.8 million in Q2 2024, showing effective cost reduction measures [27] - The net loss for Q2 2025 was $5.3 million, or a loss of $1 per share, compared to a net loss of $6.5 million in Q1 2025 and $7.7 million in Q2 2024 [28] - Cash and cash equivalents at the end of Q2 2025 were $14.3 million, down from $18.5 million at the end of Q1 2025 [28] Business Line Data and Key Metrics Changes - Home and enterprise revenue was approximately $7.1 million in Q2 2025, while mobile revenue was approximately $1.2 million [26] - The mobile business saw a similar revenue profile to the prior quarter, with shipments supporting residual demand from previously launched smartphone models [14] - Revenue from the home and enterprise market increased over 20% sequentially, driven by a combination of seasonal demand recovery and ramping shipments of new SOCs [18] Market Data and Key Metrics Changes - The TrueCut Motion platform has been credited with three new theatrical releases, indicating growing acceptance and demand in the market [10] - Titles utilizing TrueCut Motion have achieved over $4 billion at the box office, demonstrating the format's value to studio partners [12] - The mobile market is expected to remain flat, with Chinese OEMs focusing on differentiation to expand globally [33] Company Strategy and Development Direction - The company is focusing on two defined approaches in the mobile segment: expanding the target market with a low-cost mobile graphics accelerator and pursuing premium gaming experiences [15] - The strategic review process for the Pixelworks Shanghai subsidiary is nearing closure, with potential new ownership structures being evaluated [23] - The company aims to reach profitability for its Shanghai subsidiary by Q4 2025, despite delays in mobile revenue recovery [22] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth of the TrueCut Motion format, anticipating it to become a standard for premium large format cinemas [12] - The company is better positioned to drive bottom-line results from a small uplift in revenue due to previous cost structure reductions [22] - Management noted that the overall market for projectors is expected to remain similar to 2024, with no significant impacts from global trade dynamics observed so far [18] Other Important Information - The company received approximately $1.6 million in cash subsidies as part of China's Little Giant program, aiding in R&D expenses [27] - The company completed all scheduled end-of-life shipments of transcoding products in Q4 2024, with potential one-time orders from prior customers being evaluated [19] Q&A Session Summary Question: Why are mobile customers in China emphasizing custom ASIC? - Management indicated that differentiation is key for Chinese OEMs in a flat market, as they seek to expand globally and compete against established brands [33][38] Question: Will the transcoding one-time customer revenue hit in Q3 or Q4? - Management confirmed that the revenue from the transcoding order would be recognized in Q4 [42] Question: How will Pixelworks be different post-transaction regarding the Shanghai division? - Management stated it is too early to provide details on the strategic direction post-transaction [44] Question: How broad is the ASIC design and IP application? - Management clarified that the IP is not limited to smartphones and can be applied in tablets, AR/VR markets, and other display technologies [48] Question: What is driving the strength in the home and enterprise market? - Management noted that the strength is partly due to a higher ASP of new SOCs and stocking needs from customers [52]