Miami, FL, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SGD” or the “Company”) today announced that new industrial processing equipment has been delivered and deployed across its Resource Group operations in Southwest Florida. The new Komptech Crambo Mobile shredder, stationed at the 15th Street Transfer Site in Sarasota, Florida and the Diamond Z DZH6000 Series grinder, operating at the Myakka City facility, represent a significant capital investment designed to ...

Miami, FL, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Safe and Green Development Corporation (NASDAQ: SGD) (“SGD” or the “Company”) today announced that new industrial processing equipment has been delivered and deployed across its Resource Group operations in Southwest Florida. The new Komptech Crambo Mobile shredder, stationed at the 15th Street Transfer Site in Sarasota, Florida and the Diamond Z DZH6000 Series grinder, operating at the Myakka City facility, represent a significant capital investment designed to ...

Core Points - Safe and Green Development Corporation (SGD) has entered into a securities purchase agreement for a PIPE financing, raising approximately $9.0 million before fees and expenses [1][2][3] Group 1: PIPE Financing Details - The company is selling 360,000 shares of Series B Non-Voting Convertible Preferred Stock at a conversion price of $1.36 per share, which can convert into 6,617,647 shares of common stock [2] - Each unit, consisting of a share of Preferred Stock and a warrant, is priced at $25.00, complying with Nasdaq's "Minimum Price" requirement [2] - The warrants are not exercisable until shareholder approval and will expire two and a half years after such approval [2][4] Group 2: Use of Proceeds - A portion of the net proceeds will be used to accelerate operational expansion at the Resource Group site in Myakka City, Florida, including purchasing additional processing equipment [5] - The company also plans to use proceeds for reducing debt obligations, strategic investments, acquisitions, and working capital to support revenue-generating operations [5] Group 3: Company Overview - Safe and Green Development Corporation focuses on real estate development and environmental solutions, primarily acquiring properties for green housing projects [7] - The company wholly owns Resource Group US Holdings LLC, which operates an 80+ acre organics processing facility in Florida, processing green waste and producing sustainable potting media [7]

SINGAPORE, Oct. 08, 2025 (GLOBE NEWSWIRE) -- ESGL Holdings Limited (NASDAQ: ESGL), a leading carbon neutral, innovative enviro-tech company regenerating industrial waste into circular products, through its subsidiary Environmental Solutions Asia Pte Ltd (“ESA”), has filed a patent application (reference number 10202502909X) with the Intellectual Property Office of Singapore (IPOS), to protect its proprietary precious-metal recovery technology designed for treating acidic waste streams. The provisional paten ...

Core Insights - ESGL Holdings Limited has filed a patent application for a new technology that converts hazardous hydrofluoric acid waste into Metallurgical-Grade Fluorspar, showcasing its commitment to sustainability and innovation in waste management [1][2][3] Company Overview - ESGL Holdings Limited is a Singapore-based carbon-neutral enviro-tech company focused on transforming industrial waste into circular products, positioning itself as a leader in the environmental solutions industry [4] Technological Innovation - The patented process significantly reduces carbon emissions compared to traditional mining methods while creating valuable materials for industrial applications such as construction and steel making [2][3] - This innovation represents a significant advancement in sustainable waste management, generating both environmental and economic value from hazardous materials [3] Commitment to Sustainability - The technology aligns with ESGL's carbon-neutral operations and reinforces the company's leadership in providing sustainable industrial solutions [3]

Core Insights - Safe and Green Development Corporation (SGD) reported a significant revenue increase of $1.4 million in Q2 2025, marking over 3,200% growth compared to $42 thousand in Q2 2024, primarily due to the acquisition of Resource Group US Holdings LLC [1][5] - The company is evaluating a potential cryptocurrency treasury reserve opportunity, which may require divesting Resource Group, although no acceptable letter of intent has been received [1][5] - Management is focused on expanding the customer base, increasing operational efficiency, and diversifying revenue streams [1][5] Financial Performance - The company reported a net loss of $5.724 million for Q2 2025 [3] - Interest expense was $0.830 million, and depreciation & amortization amounted to $0.181 million [3] - Adjusted EBITDA for Q2 2025 was $(0.634) million, indicating ongoing challenges despite revenue growth [3][6] Strategic Developments - The acquisition of Resource Group has led to revenue acceleration, generating $1.4 million in just one month post-acquisition [7] - The company has exited legacy software and technology operations to concentrate on its core real estate and compost/transportation businesses [7] - A reevaluation of the real estate portfolio is underway, with plans to monetize select assets [7] Leadership and Outlook - The Board of Directors has been restructured to enhance strategic direction and growth initiatives [7] - Management anticipates approximately $4 million in revenue for Q3 2025, reflecting the first full quarter of operations with Resource Group [7] - The integration of Resource Group's operations is expected to unlock additional revenue streams and improve operational efficiencies [7]

Group 1 - CECO Environmental Corp. is a leading environmentally focused, diversified industrial company that provides solutions to protect people, the environment, and industrial equipment [2] - The company serves various industrial air, water, and energy transition markets globally through its key business segments: Engineered Systems and Industrial Process Solutions [2] - CECO's innovative technology and application expertise help companies improve air quality, optimize energy value chains, and provide custom solutions across multiple industries including power generation, petrochemical processing, and battery production [2] Group 2 - CECO management will participate in several upcoming investor conferences, including the 14th Annual Needham Virtual Industrial Tech, Robotics, & Clean Tech 1x1 Conference on August 18, 2025, and the Jefferies Industrials Conference on September 3, 2025 [3] - Presentations from these conferences will be available on the Investor Relations section of the company's website [1][3]

Core Insights - The earnings season reveals opportunities in lesser-known companies alongside major firms, highlighting the importance of broad market analysis [1] Modine Manufacturing - Modine Manufacturing Co. reported a 13-cent earnings per share beat and revenue exceeding analyst estimates in its recent earnings report for Q1 fiscal 2026 [2] - The company aims for $2 billion in data center revenue by fiscal 2028, with its climate solutions segment generating $1.4 billion in sales for fiscal 2025 [3] - Modine's strategic acquisitions contributed to a 11% year-over-year revenue growth, with a revised full-year fiscal 2026 outlook of 10-15% growth [4] - Modine shares increased by 28% in the last month, with an additional 7% upside potential projected [4] CECO Environmental - CECO Environmental Corp. exceeded analyst expectations, achieving a 35% year-over-year increase in EPS and a 45% rise in EBITDA [5] - The company anticipates $725–775 million in revenue for the full year, with shares up 50.4% in the last month and a potential 9% upside [8] - CECO's sales opportunity pipeline has grown to $5.5 billion, with a backlog of $688 million, reflecting a 274 million new bookings [7] Expro Group - Expro Group Holdings N.V. reported an 8% year-over-year revenue increase, surpassing predictions despite energy sector volatility [9] - The company expects about $1.7 billion in full-year revenue and plans a $40 million share buyback campaign [11] - Expro shares rose nearly 17% in the last month, with over 16% additional upside possible [11]

Financial Performance - Waste Management delivered a healthy top and bottom line beat, driven by strength in the core business [2] - Healthcare solutions EBITDA margins improved by 170 basis points [6] - The core business continues to drive gross margins [6] - The company raised its margin expectations due to strong performance in pricing and cost control [7] Business Strategy & Operations - Waste Management's stock is considered a "forever stock" due to consistent performance [3] - Acquisitions, such as Stir Cycle, have been a key factor in the company's success [4] - The company has smoothed out fluctuations in the recycling business through contract adjustments and diversification into areas like healthcare solutions [10] - Increasing regulatory requirements can work in Waste Management's favor due to its self-regulation practices [18] Market & Economic Outlook - The garbage business can provide insights into the economy [2] - The construction and demolition business is improving sequentially, indicating potential economic improvement [14] - The company sees signs of economic strengthening, particularly in the commercial and industrial sectors [13] - Waste Management is well-positioned regarding declining landfill airspace availability, with advantageous locations in major MSAs [21]

Financial Data and Key Metrics Changes - The company reported a record revenue of $185 million for Q2 2025, representing a 35% year-over-year increase [9][24] - Adjusted EBITDA reached over $23 million, up 45% year-over-year, driven by volume and strong gross margins [9][25] - The earnings per share (EPS) was 24 cents, reflecting a 35% increase year-over-year [10] Business Line Data and Key Metrics Changes - The backlog grew to a record $688 million, up 76% year-over-year, with approximately $70 million attributed to recent acquisitions [6][21] - New bookings for Q2 totaled $274 million, a 95% increase compared to the same quarter last year [7][22] - The company achieved a book-to-bill ratio of approximately 1.5 for the first half of 2025 [8][22] Market Data and Key Metrics Changes - Strong demand was noted in power generation, semiconductor inquiries, and natural gas infrastructure, with steady demand in most regions except for some softness in Europe [12][13] - The sales opportunity pipeline has grown to over $5.5 billion, indicating robust future growth potential [12][35] Company Strategy and Development Direction - The company is focused on diversifying its portfolio and expanding into new vertical markets and geographies [8][19] - The integration of recent acquisitions is expected to generate additional synergies and access to new markets [37] - The company is raising its 2025 annual guidance for orders and revenue, reflecting strong performance and a robust sales pipeline [13][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate modest inflation and supply chain challenges while maintaining strong order bookings [13][73] - The outlook for 2025 includes expectations for continued strong growth, with a focus on operational excellence and project execution [15][31] Other Important Information - The company is maintaining its previous outlook for adjusted EBITDA and free cash flow, expecting growth of approximately 50% year-over-year [15] - The gross profit margin improved to slightly over 36%, up 50 basis points year-over-year [25][30] Q&A Session Summary Question: What is the pipeline like in the power generation market? - Management indicated that the pipeline remains strong, with over a billion dollars in power generation-related projects expected to come to decision in the next 24 months [44][46] Question: What is the environment like in other verticals? - Management noted strength in semiconductor, natural gas infrastructure, and industrial water markets, with a positive outlook for industrial reshoring in North America [49][51] Question: How does the recent legislation impact project timelines? - Management stated that orders have been growing even before the passage of recent legislation, indicating a strong demand environment [59][64] Question: What is the guidance for second half bookings? - Management suggested that the guidance does not capture the maximum potential for large orders, indicating a healthy level of expected bookings [68][70] Question: How does the company plan to manage inflationary pressures? - Management acknowledged the challenges of passing on costs in fixed-price contracts but expressed confidence in their ability to manage inflation through productivity initiatives [71][73] Question: What are the expectations for EBITDA margins? - Management indicated a commitment to achieving mid-teens EBITDA margins over time, balancing growth investments with margin expansion [84][86]