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Roundtable CEO James Heckman Executes $75M Merger Agreement with RYVYL to Power Web3 Digital Media Platform on a Bitcoin Treasury Ecosystem
Globenewswire· 2025-09-30 20:05
RYVYL Inc. Eyal Hertzog RYVYL Inc. James Heckman Roundtable to launch decentralized media liquidity pool, integrated with their Web3, Enterprise SaaS platform, powered by Bitcoin Treasury SAN DIEGO, CA, Sept. 30, 2025 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company") today announced it has signed a definitive agreement to merge with privately-held RTB Digital, Inc. (“Roundtable”), a Web3 digital media SaaS technology company, providing white-label, full stack distribution, co ...
PhoneX Holdings, Inc. Announces Further Information on Ex-Dividend Date
Globenewswire· 2025-09-25 17:00
New York, NY, Sept. 25, 2025 (GLOBE NEWSWIRE) -- PhoneX Holdings, Inc. (the "Company") (OTC Pink: PXHI), has confirmed that FINRA has established October 2, 2025 as the ex-dividend date. About PhoneX Holdings, Inc. PhoneX Holdings, Inc. is a technology company powering the global wholesale trade of pre-owned mobile devices. Its industry-leading SaaS platform helps carriers, manufacturers, and distributors manage inventory, optimize sales, and grow their customer networks. By driving efficiency, transparency ...
CCC Intelligent Solutions Holdings Inc. (CCCS) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference (Transcript)
Seeking Alpha· 2025-09-04 13:49
Company Overview - CCC operates as a SaaS platform primarily serving the insurance economy, focusing on facilitating the auto claims process [2] - The company connects approximately 300 insurance companies with over 30,000 body shop clients and more than 5,000 parts suppliers through its software and AI tools [2] Recent Developments - In January of this year, CCC completed the acquisition of EvolutionIQ, which allows the company to expand its services into workers' compensation and disability claims [2] - The integration of AI and software in the new business segment aims to assist insurance companies in processing disability and workers' compensation claims [2]
Sidetrade: 2025 H1 revenue, up 19% at constant exchange rates
Globenewswire· 2025-07-16 15:43
Core Insights - Sidetrade reported strong revenue growth of 19% at constant exchange rates for H1 2025, driven by a 25% increase in SaaS subscription revenue [1][4][16] - The company experienced a 21% decline in new Annual Contract Value (ACV) compared to the record high in H1 2024, but bookings remained stable compared to H1 2023 [2][5][8] - The launch of the autonomous AI Cash Collection Agent and a global partnership with a leading Order-to-Cash services firm are expected to drive future growth [3][12][14] Revenue Performance - Total revenue for H1 2025 reached €29.3 million, an 18% increase on a reported basis [16] - SaaS subscription revenue rose to €25.4 million, reflecting a 25% increase at constant exchange rates [17] - Service revenue totaled €3.9 million, down 8% compared to H1 2024, attributed to fewer large-scale projects [19] Booking Trends - New Annual Recurring Revenue (New ARR) was €2.44 million, down 38% from H1 2024, with a notable rebound in Q2 2025 [6] - Service bookings remained stable at €3.44 million in H1 2025, reflecting strong expansion projects within the existing client base [7] - Only 30% of H1 2025 bookings came from New Business, with Cross-sell and UpSell deals accounting for 70% of total bookings [11] Strategic Initiatives - The introduction of the autonomous AI Cash Collection Agent is anticipated to significantly boost commercial momentum starting in 2026 [13] - The global partnership signed in June is expected to enhance pipeline growth across North America, EMEA, and APAC [14] - Sidetrade's multi-product platform strategy is effectively capturing incremental growth from existing enterprise clients [11] Market Position - The average initial contract period for new clients remained high at 44.5 months, indicating strong client confidence [10] - SaaS subscriptions from enterprise clients generating over €2.5 billion in revenue surged 42%, highlighting Sidetrade's penetration in the high-end market segment [18] - Nearly 90% of Sidetrade's revenue is recurring, positioning the company for sustained growth [4]
State Street (STT) Q2 2025 Earnings Transcript
The Motley Fool· 2025-07-15 17:29
Core Insights - State Street Corporation reported Q2 2025 earnings per share (EPS) of $2.17, a slight increase from $2.15 in Q2 2024, with EPS excluding notable items growing 18% to $2.53 [2][28] - Total revenue, excluding notable items, increased by 9% year-over-year, while fee revenue rose by 12% [3][37] - The company achieved positive fee operating leverage for the fourth consecutive quarter and positive total operating leverage for the sixth consecutive quarter, both excluding notable items [3][26] Financial Performance - Expenses rose by 6% year-over-year, with half attributed to higher performance and revenue-related costs, and the remainder due to ongoing investments in technology and infrastructure [4][47] - Notable items recognized totaled $138 million pre-tax, including a $100 million repositioning charge related to severance of approximately 900 employees [5][36] - Assets Under Custody and Administration (AUCA) reached a record $49 trillion, up 11% year-over-year, driven by higher market levels and client flows [5][38] Asset Management - Assets Under Management (AUM) exceeded $5 trillion for the first time, increasing 17% year-over-year, with net inflows of $82 billion [6][39] - The company secured $145 million in new servicing fee revenue wins and reported a backlog of $441 million in to-be-installed servicing fee revenue, the highest on record [6][40] - U.S. ETFs achieved $4.6 trillion in trading volume, leading the industry in equity and commodities, and ranking among the top three in fixed income [7][30] Revenue Streams - Software and processing fees grew by 19% year-over-year, with front office software and data revenue up 27% [8][43] - Net Interest Income (NII) was $729 million, down 1% year-over-year, but up 2% sequentially from Q1 2025 [8][44] - Average deposit balances rose by 7% sequentially, reflecting early-quarter macro uncertainty that subsided through May and June [9][45] Capital Management - The company returned $507 million to shareholders, consisting of $300 million in share repurchases and $217 million in dividends, with an 82% payout ratio [9][49] - A quarterly common stock dividend increase of 11% to $0.84 per share was announced, pending board approval in Q3 2025 [10][33] - Management raised 2025 total fee revenue growth guidance to 5%-7% from 3%-5%, and full-year expense growth guidance to 3%-4% from 2%-3% [10][51] Strategic Initiatives - Over the past three years, the company delivered more than $1 billion in expense savings, with a target of over $1.5 billion by year-end 2025 [11][34] - The Alpha platform adoption continued, with two new mandates totaling $380 billion AUCA added this quarter [12][41] - A strategic partnership with the University of California was announced to pilot a "super app" for wealth democratization [15]
Sidetrade named Fortune Europe’s Most Innovative Companies 2025
Globenewswire· 2025-06-12 15:38
Group 1 - Sidetrade has been ranked 141st in Fortune's list of Europe's Most Innovative Companies 2025, recognized for its strong innovation culture [1][2] - The evaluation for the list involved over 108,000 assessments from experts and employees, focusing on product innovation, process innovation, and innovation culture [1] - The company has a continuous innovation trajectory since its founding in 2000, with its technological foundation established in Paris, which ranks fourth globally in technology ecosystems as of 2025 [2] Group 2 - Sidetrade's CEO highlighted the company's technological lead, estimating it to be over three years ahead of the market, particularly in the era of agentic AI [3] - The company is redefining the Order-to-Cash process by equipping finance departments with autonomous agents that can act and adapt in real time, marking a strategic transformation in its business model [3][4] - Analysts view Sidetrade as a strategically undervalued asset, capable of capturing increasing value in a market that is under-equipped for the emergence of agentic AI [4] Group 3 - Sidetrade's AI platform, Aimie, analyzes $7.2 trillion worth of B2B payment transactions daily, predicting customer payment behavior and attrition risk for over 40 million buyers globally [5] - The company operates with a global workforce of over 400 employees, serving clients in more than 85 countries, including notable firms like BMW Financial Services and KPMG [6] - Sidetrade adheres to the principles of the United Nations Global Compact, emphasizing responsible business practices [6]
Sidetrade publishes its 2024 annual report
Globenewswire· 2025-04-30 13:07
Core Insights - Sidetrade has published its 2024 Annual Report, showcasing record performance, innovation in generative AI, and ongoing international expansion [1][2] - The report emphasizes the integration of financial and non-financial performance, reflecting Sidetrade's commitment to responsible growth and sustainable value creation [2][4] Financial Performance - In 2024, Sidetrade achieved record revenue and profitability, indicating strong financial health and operational excellence [4] - The company analyzes $7.2 trillion worth of B2B payment transactions daily, which aids in anticipating customer payment behavior [6] Innovation and Technology - Sidetrade's intelligent solutions, powered by the Sidetrade Data Lake, enhance cash flow performance and enable finance leaders to rethink possibilities in the generative AI era [5] - The AI system, Aimie, automates Order-to-Cash processes, improving productivity and working capital across organizations [6] Strategic Direction - The report outlines Sidetrade's strategic direction, ecosystem, and governance framework, providing stakeholders with a comprehensive view of the company's operations [2][3] - Sidetrade serves global businesses in over 85 countries, with a workforce of more than 400 employees [6] Corporate Responsibility - Sidetrade is a participant in the United Nations Global Compact, adhering to principles of responsible business practices [7]
Definitive Healthcare Corp. reports inducement grants under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-03-04 21:05
Group 1 - Definitive Healthcare announced the hiring of two senior leaders, Kate Hastings as Chief Customer Officer and Benjamin Graboske as EVP, Technology, Engineering and Chief Data Officer [1] - The Human Capital Management and Compensation Committee granted inducement awards consisting of 172,414 time-based restricted stock units (RSUs) to Hastings and 1,018,330 time-based RSUs to Graboske, effective March 3, 2025 [1] - The awards were individually negotiated and granted as an inducement material to the commencement of employment in accordance with Nasdaq Listing Rule 5635(c)(4) [1] Group 2 - Hastings' RSUs will vest 25% on February 1, 2026, with the remainder vesting in quarterly installments of 6.25% over the following three years [2] - Graboske's RSUs will vest 25% on April 1, 2026, with the remainder vesting in quarterly installments of 6.25% over the following three years [3] Group 3 - Definitive Healthcare focuses on transforming data, analytics, and expertise into healthcare commercial intelligence, helping clients identify markets, opportunities, and key personnel [4]