Financial Data and Key Metrics Changes - Total revenue for Q4 2024 was $3.4 million, down from $7.1 million in Q3 2024, primarily due to a decline in the live production sector and delayed project execution [11] - Full year revenue for 2024 was $27.7 million, slightly up from $27.5 million in 2023 [11] - Gross profit for Q4 2024 was $300,000, with a gross profit margin of 8.8%, compared to $3.6 million and a 51% margin in Q3 2024 [12] - Full year gross profit was $13.8 million, down from $14.1 million in 2023, with a gross profit margin of 49.7% compared to 51% in the prior year [12] - Total expenses in Q4 2024 were $17.4 million, up from $10.3 million in Q3 2024, and full year expenses were $49.2 million compared to $38.1 million in 2023 [13] - Operating loss for Q4 2024 was $14.1 million, compared to a $3.3 million loss in Q3 2024, and full year operating loss was $21.5 million compared to $10.6 million in 2023 [13] - Net loss attributable to common shareholders in Q4 2024 was $14.3 million or $5.82 per share, compared to a loss of $3 million or $1.22 per share in Q3 2024 [14] - Full year net loss was $20.5 million or $8.35 per share, compared to a loss of $9.1 million or $3.83 per share in the prior year [14] - EBITDA for 2024 was a loss of $19.8 million, compared to a loss of $9 million in 2023 [14] Business Line Data and Key Metrics Changes - The Mill Gov business saw over 70% growth in bookings, highlighted by multimillion-dollar orders for airborne video downlink systems [16] - Recurring revenue through new service level agreements reached over $900,000, validating the strategy for predictable high-margin income streams [17] Market Data and Key Metrics Changes - The company experienced healthy demand in the live production market, serving major global events such as the Super Bowl and the Summer Olympics [18] - The company was awarded the best innovation project at the Broadcast Tech Innovation Awards 2024 for its technology contribution to an autonomous racing project [19] Company Strategy and Development Direction - The company aims to solidify its leadership in live production while expanding its Mill Gov business and accelerating recurring revenues through services, targeting positive cash flow in 2025 [16] - The transformation into a service-centric organization is underway, with a focus on building a global service platform [17] - The company is deepening strategic alliances with OEM partners to ensure technological evolution aligns with market needs [20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that 2024 did not develop as planned, with a strong first half followed by a slowdown, particularly in the live production market [6] - The company is confident in its unique capabilities around video, RF, and IP technologies, expecting better revenue potential in upcoming quarters [10] - Management expressed optimism about achieving cash flow positivity by the end of 2025 [10] Other Important Information - The company took proactive actions to reduce expenses, including product line rationalization and facility consolidation, expected to yield approximately $10 million in yearly savings [9] - The company voluntarily delisted from NASDAQ to save costs associated with being publicly listed, allowing a focus on business management rather than regulatory requirements [8] Q&A Session Summary Question: What were the main challenges faced in Q4? - Management noted revenue timing challenges, softness in the live production market, and output delays due to facility consolidation as key issues [6] Question: How does the company plan to achieve its financial goals? - The company plans to solidify its leadership in live production, expand the Mill Gov business, and accelerate recurring revenues through services [16] Question: What is the outlook for the Mill Gov business? - The Mill Gov business is experiencing strong momentum with over 70% growth in bookings, particularly in drone applications [16]

Gates Industrial (GTES) Q1 2025 Earnings Call April 30, 2025 09:00 AM ET Company Participants Rich Kwas - VP of Investor RelationsIvo Jurek - CEOBrooks Mallard - Executive Vice President & Chief Financial OfficerMichael Halloran - Associate Director of ResearchJeffrey Hammond - Managing DirectorDeane Dray - Managing DirectorChristopher Snyder - Executive Director Conference Call Participants Julian Mitchell - AnalystNigel Coe - AnalystNone - Analyst Operator Thank you for standing by. My name is Greg, and I ...

Q1 2025 EARNINGS PRESENTATION APRIL 30, 2025 1 LEGAL DISCLAIMERS 2 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This presentation contains, and management may make on our call today, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continue ...

Core Points - The National Energy Regulatory Council has set a revenue cap for AB Amber Grid's regulated activities at 82.95 million EUR for the year 2026, which is a 30% increase from the 2025 cap of 63.83 million EUR [2] - The increase in regulated costs for 2026 is approximately 10% due to inflation and investments, with an additional 3% increase attributed to compensation for the Polish natural gas transmission operator related to the Lithuania–Poland interconnection project [3] - A significant portion of the revenue cap increase, around 17%, is due to adjustments for previous periods' revenue, costs, and return on investment rate [3] Pricing Decisions - The Board of Amber Grid will approve the prices for using the natural gas transmission network infrastructure, effective from January 1, 2026, ensuring they do not exceed the revenue cap [4] - Following the Board's decision, the prices will be submitted to the Council for approval [4]

EPSO-G, a group of energy transmission and exchange companies (company code 302826889), with its registered office located at Laisvės pr. 10, Vilnius, Lithuania. From 29 April 2025 by the decision of the sole shareholder of EPSO-G, the Ministry of Energy of the Republic of Lithuania, a new member of the board – civil servant – Dovilė Kavaliauskienė, was appointed to the board of EPSO-G. The EPSO-G group consists of the management company EPSO-G and six directly owned subsidiaries - Amber Grid, Baltpool, Ene ...

Core Viewpoint - Fingrid's financial performance in the first quarter of 2025 showed a decline in turnover compared to the previous year, but improvements in net cash flow and a strong financial position were noted, alongside significant developments in the electricity market and infrastructure [2][4][9]. Financial Performance - Turnover for January–March 2025 was €370.7 million, down 21.6% from €472.9 million in the same period of 2024 [3]. - Operating result was €119.5 million, slightly down from €119.8 million year-on-year [3]. - Result before taxes decreased to €115.9 million from €118.1 million [3]. - Net cash flow from operations surged to €220.8 million, a 502% increase from €36.7 million [3]. - The result for the period improved to €81.6 million from €64.9 million, marking a 25.7% increase [3]. Operational Highlights - Electricity consumption in Finland decreased to 23.8 TWh from 24.6 TWh, attributed to a mild winter [4][9]. - Fingrid's transmission accounted for 79.0% of Finland's total electricity consumption, transmitting 18.8 TWh [9]. - The system security rate remained high at 100% [3][4]. - Renewable production capacity connected to the main grid was 432 MW, down from 528 MW [3][9]. Market Developments - The transition to a 15-minute electricity market progressed, with the new market time unit introduced successfully in January and March [9]. - The Nordic mFRR energy action market was rolled out, experiencing significant price volatility [9]. - Fingrid's share of accrued congestion income was €71.4 million, down from €75.0 million [4]. Capital Expenditure and Investments - Fingrid estimates gross capital expenditure of approximately €1.7 billion from 2025 to 2028, with €623 million already committed [4]. - Capital expenditure for the first quarter was €93.0 million, up 20.8% from €77.0 million [3]. Legal and Regulatory Matters - Fingrid has appealed against the Energy Authority's decisions regarding balance service terms and profit specification methods for electricity transmission operations [11][12]. - Ongoing legal proceedings concern the connection of the Olkiluoto 3 nuclear power plant to the grid, with Fingrid asserting compliance with its obligations [13]. Governance and Leadership - The Annual General Meeting approved the financial statements for 2024 and decided on dividend distribution, with Eeva-Liisa Virkkunen elected as the new Chair of the Board [17].

BUSINESS COMMITTEE CORPORATE GOVERNANCE AND SUSTAINABILITY COMMITTEE Luis Felipe Henao Cardona (Chairperson) REMUNERATION, APPOINTMENTS, AND CULTURE COMMITTEE HSE COMMITTEE BOGOTA, Colombia, April 24, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) informs that the Board of Directors, in its session on April 22 and 23, 2025, decided that Guillermo García Realpe and Mónica de Greiff Lindo will continue in their roles as Chairperson and Vice-Chairperson of the Board of Directors, respectively. ...