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Major Drilling Announces Third Quarter 2026 Results
Globenewswire· 2026-02-25 22:00
MONCTON, New Brunswick, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Major Drilling Group International Inc. (“Major Drilling” or the “Company”) (TSX: MDI), the largest provider of drilling services to the mining sector, today reported results for the third quarter of fiscal 2026, ended January 31, 2026.  Quarterly Highlights: Revenue of $184.6 million, up 14.9% from the $160.7 million recorded in the same quarter last year.Adjusted gross margin(1) of 14.3% as the Company incurred costs to aggressively prepare for inc ...
StorageVault Delivers 10% Revenue Growth in Fiscal 2025, Expands Platform, Increases Dividend and Reaffirms Growth Outlook
Globenewswire· 2026-02-12 22:00
Core Insights - StorageVault Canada Inc. reported a 10% increase in revenue for 2025, reaching $335.1 million, and a 9.5% increase in net operating income (NOI) to $220.7 million, driven by strong same-store performance [2][3] - The company achieved a 5.8% growth in adjusted funds from operations (AFFO) per share, indicating solid operational performance [2][3] - For 2026, StorageVault anticipates continued growth in revenue, NOI, and AFFO, with plans to complete over $100 million in acquisitions and expand its footprint by 165,000 square feet [1][2] Financial Performance - Revenue increased from $304.7 million in 2024 to $335.1 million in 2025, marking a 10% growth [2] - NOI grew from $201.6 million in 2024 to $220.7 million in 2025, a 9.5% increase [2] - Cash flow from operations rose to $105.7 million from $100.9 million year-over-year [2] - The net loss for 2025 was $12.5 million, an improvement from a net loss of $30.2 million in 2024, influenced by non-cash items [2][6] Operational Highlights - Same-store revenue and NOI growth were 4.1% and 4.3%, respectively, compared to the previous year [3] - Funds from operations (FFO) increased by 3.7% year-over-year, reaching $82.5 million in 2025 [3] - AFFO also saw a 3.7% increase, totaling $90.5 million for the year [3] Future Outlook - The company expects to generate an additional $8.9 million in NOI annually from recently acquired and renovated properties as they stabilize over the next three years [4] - StorageVault aims to maintain its position as Canada's leading storage provider by enhancing its service offerings and expanding its market presence [1][10] Dividend Announcement - StorageVault announced a 0.5% increase in its Q1 2026 dividend to $0.003006 per common share [9] Company Strategy - The company focuses on owning and operating storage facilities in top Canadian markets, leveraging a multi-platform approach that includes portable storage and logistics services [10][19] - Growth strategies include acquisitions, organic performance improvements, and targeted expansions to meet demand [10]
Gogoro(GGR) - 2025 Q4 - Earnings Call Presentation
2026-02-12 12:00
gogolo. ANNIVERSARY Q4 & Full Year 2025 Investor Presentation FEB 12, 2026 Henry Chiang Chief Executive Officer Gogoro® Q4 & Full Year 2025 Investor Presentation Bruce Aitken Chief Financial Officer 2 DISCLAIMER Forward-Looking Statements This onesentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 27E of the Securities Ecclari Forward-looking statements generally relate to future events or Gogor's tuture imancial or coerating ...
Mullen Group Ltd. Announces 2025 Fourth Quarter Financial Results and Filing of Disclosure Documents
Globenewswire· 2026-02-12 11:00
Core Insights - Mullen Group Ltd. reported a revenue increase of 7.0% in Q4 2025, driven entirely by incremental revenues from acquisitions, amidst a challenging economic environment in Canada [2][6][11] - The company faced pressure on margins due to a soft economy and lower demand, which affected overall operating results throughout 2025 [3][12] Financial Performance - Q4 2025 revenue reached $533.8 million, up from $499.1 million in Q4 2024, with $58.8 million attributed to acquisitions [4][6] - Operating income before depreciation and amortization (OIBDA) was $73.4 million, down from $85.0 million in the previous year, reflecting ongoing market challenges [12][25] - Net income decreased to $14.6 million in Q4 2025 from $18.9 million in Q4 2024, with earnings per share dropping to $0.16 from $0.21 [4][15] Segment Performance - The Logistics & Warehousing (L&W) segment saw a revenue increase of 27.2% to $204.6 million, primarily due to acquisitions, while the Specialized & Industrial Services (S&I) segment revenue fell by 16.8% to $86.4 million due to reduced capital projects [11][17] - The U.S. & International Logistics segment grew by 18.5% to $56.3 million, benefiting from acquisitions [11][17] Operational Challenges - The company noted that existing Business Units struggled to maintain margins, with overall demand remaining below prior year levels and downward pressure on rates [3][12] - Increased selling and administrative expenses contributed to a decline in operating margin, which decreased to 14.0% from 15.3% year-over-year [12][31] Financial Position - As of December 31, 2025, Mullen Group had total net debt of $787.2 million, with a net debt to operating cash flow ratio of 2.39:1 [22][34] - The company maintained undrawn bank credit facilities with a borrowing capacity of $525.0 million, indicating a solid liquidity position [22]
Sun Life Reports Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-02-11 22:01
Core Insights - Sun Life Financial Inc. reported strong financial results for Q4 and full year 2025, with underlying net income reaching $1,094 million, a 13% increase from Q4 2024, and a full year increase of 9% to $4,201 million [1][2][6] - The company achieved an underlying EPS of $1.96 for Q4 2025, up 17% year-over-year, and $7.45 for the full year, reflecting a 12% increase [1][2][6] - The underlying return on equity (ROE) was 19.1% for Q4 and 18.2% for the full year, indicating strong profitability [1][2][6] Financial Performance - Reported net income for Q4 2025 was $722 million, a significant increase of 205% from the previous year, driven by favorable market conditions and improved operational performance [2][6] - The company’s total assets under management (AUM) reached $1,605 billion, a 4% increase from the previous year [1][2][6] - The Life Insurance Capital Adequacy Test (LICAT) ratio stood at 157%, reflecting strong financial stability [1][2][6] Business Segment Highlights Asset Management - Underlying net income from Asset Management was $370 million, a 3% increase year-over-year, with gross flows decreasing by 7% to $59,861 million [2][3][6] - MFS experienced net inflows of US$5.5 billion in fixed income, while SLC Management faced net outflows of $19.5 billion [2][3][6] Canada - Canada segment reported underlying net income of $417 million, a 14% increase, driven by favorable insurance experience and growth in asset management [3][4][6] - Individual Protection sales decreased by 6%, while Group Health & Protection sales increased by 8% [3][4][6] U.S. - U.S. underlying net income rose to US$150 million, a 30% increase, supported by improved medical stop-loss morbidity experience [3][4][6] - Group sales in the U.S. increased by 45%, primarily due to strong performance in medical stop-loss and large case employee benefits [3][4][6] Asia - Asia segment's underlying net income increased by 18% to $207 million, driven by strong sales momentum and favorable mortality experience [3][4][6] - Individual sales in Asia rose by 49%, with significant contributions from India and Indonesia [3][4][6] Strategic Developments - Sun Life is restructuring its asset management operations to enhance growth across its insurance and wealth businesses, effective January 1, 2026 [3][4][6] - The company has launched initiatives to improve client experience, including enhanced digital capabilities and automated claims processes [3][4][6]
GLOBALFOUNDRIES(GFS) - 2025 Q4 - Earnings Call Presentation
2026-02-11 13:30
Fourth Quarter and Full-Year 2025 Financial Results (unaudited) February 11, 2026 1 Disclaimer - Forward-looking statements and Third-Party Data This presentation and the accompanying oral presentation also contain estimates and other statistical data made by independent parties and by us relating to market size and growth and other data about our industry and business. This data involves a number of assumptions and limitations, and you are cautioned not to give undue weight to such estimates. We have not i ...
Canada Goose(GOOS) - 2026 Q3 - Earnings Call Presentation
2026-02-05 13:30
FY26 FEBRUARY 5, 2026 Q3 EARNINGS DISCLAIMER FORWARD-LOOKING INFORMATION This presentation contains forward-looking statements within the meaning of applicable securities laws, including statements relating to the execution of our proposed strategy, and our operating performance and prospects. These forward-looking statements generally can be identified by the use of words such as "believe," "could," "continue," "expect," "estimate," "may," "potential," "would," "will," and other words of similar meaning. E ...
Ermenegildo Zegna(ZGN) - 2025 Q4 - Earnings Call Presentation
2026-02-02 13:00
FY 2025 PRELIMINARY REVENUES Unaudited figures February 2, 202 6 The Group's management monitors and evaluates operating and financial performance using several non-IFRS financial measures including: revenues on a constant currency basis (constant currency) and revenues on an organic growth basis (organic or organic growth). The Group's management believes that these non-IFRS financial measures provide useful and relevant information regarding the Group's financial performance and financial condition, and i ...
Birkenstock plc(BIRK) - 2025 Q4 - Earnings Call Presentation
2025-12-18 13:00
Financial Performance Highlights - Birkenstock's FY25 revenue reached €2097 million, a 16% increase or 18% at constant currency[14,57] - Direct-to-Consumer (DTC) revenue was €795 million, up 11% or 12% at constant currency[14,57] - Business-to-Business (B2B) revenue grew by 20% or 21% at constant currency, reaching €1298 million[14,57] - Adjusted EBITDA increased by 20% to €667 million, with a margin of 318%, a 100 basis points increase[14,60] - Adjusted net profit rose by 44% to €346 million[14,62] - Adjusted EPS increased by 45% to €185[14,34] Regional Performance - Americas revenue reached €1086 million, up 15% or 18% at constant currency[17,57] - EMEA revenue was €785 million, a 14% increase at both reported and constant currency[17,57] - APAC revenue increased by 31% or 34% at constant currency, reaching €222 million[17,57] Financial Health - Net leverage decreased by 17% to 15x LTM Adjusted EBITDA[14,41] - Gross profit reached €1240 million with a margin of 591%, a 30 basis points increase[14,24] Outlook for FY26 - The company projects revenue to increase by 13-15% at constant currencies, targeting €2300-€2350 million[49,51] - Adjusted EBITDA is expected to be at least €700 million, with a margin of 300-305%[49,51]
GDEV announces results for the third quarter and first nine months of 2025
Globenewswire· 2025-11-24 13:00
Core Viewpoint - GDEV Inc. reported a decline in revenue for Q3 2025, primarily due to reduced consumer spending, while achieving a significant increase in profit and adjusted EBITDA compared to the same period in 2024 [3][9]. Financial Performance Summary - Revenue for Q3 2025 was $98 million, a decrease of 12% from $111 million in Q3 2024 [2][9]. - Platform commissions fell by $3 million (13%) to $21 million in Q3 2025 compared to Q3 2024 [4]. - Game operation costs remained stable at $14 million in Q3 2025, slightly up from $13 million in Q3 2024 [4]. - Selling and marketing expenses decreased significantly by 43% to $30 million in Q3 2025 from $52 million in Q3 2024 [5][9]. - General and administrative expenses were stable at $8 million in Q3 2025, compared to $7 million in Q3 2024 [6]. - Profit for the period, net of tax, increased to $24 million in Q3 2025 from $15 million in Q3 2024, marking a 66% increase [7][9]. - Adjusted EBITDA rose to $26 million in Q3 2025, up from $17 million in Q3 2024, representing a 50% increase [7][9]. - Cash flows from operating activities were positive at $15 million in Q3 2025, compared to $12 million in Q3 2024, reflecting a 24% increase [8]. Operational Performance Summary - Total bookings in Q3 2025 were $90 million, down 4% from $93 million in Q3 2024 [10]. - Bookings from in-app purchases decreased by 3% to $85 million in Q3 2025, while bookings from advertising fell by 18% to $5 million [10]. - Monthly paying users (MPU) decreased by 16% to 263,000 in Q3 2025 compared to 314,000 in Q3 2024 [10]. - Average Booking Per Paying User (ABPPU) increased by 16% to $107 in Q3 2025 from $92 in Q3 2024 [10]. - The share of advertising as a percentage of total bookings decreased to 6.0% in Q3 2025 from 7.1% in Q3 2024 [11]. - The split of bookings by platform showed a decrease in mobile share to 59% and an increase in PC share to 41% in Q3 2025 compared to the same period in 2024 [12]. - Geographically, the share of bookings from the US decreased to 32%, while Europe increased to 34% in Q3 2025 compared to Q3 2024 [13].