Link Media Outdoor - Revenue increased by 2.5% YoY to $11.8 million in Q3 2025[9, 11] - Adjusted EBITDA reached a record high of approximately $4.8 million, a 5.6% increase YoY[9, 11] - Land costs accounted for 18.2% of revenue[9, 11] Boston Omaha Broadband - Total new fiber passings were approximately 4.2k, with approximately 1.7k new fiber subscribers YTD 2025[14] - Adjusted EBITDA was approximately $3.2 million, which excludes Fiber Fast Homes[9] - Fiber Fast Homes revenue increased by 68.4% YoY to $0.7 million in Q3 2025[17] - Fiber Fast Homes had approximately 0.4k new fiber passings and approximately 1.2k new fiber subscribers YTD 2025[17, 18] General Indemnity Group - Revenue increased by 4.7% YoY[9, 21] - The loss ratio was 25.3%, attributed to larger claim payments and increased reserves on outstanding contract bonds[9, 21] - Adjusted EBITDA was approximately negative $0.3 million[9] Investments and Cash - Sky Harbour investments had a GAAP value of $82.7 million and a market value of $126.9 million[24] - The company had unrestricted cash of $22.9 million and U S Treasury securities of $18.2 million as of September 30, 2025[26]

Core Points - Novaturas Group signed a suretyship agreement with Euroins AD for a EUR 9 million insurance limit to ensure fulfillment of obligations to travelers [1][2] - The partnership with Euroins is aimed at strengthening Novaturas' market position and enhancing credibility with clients and partners [2] - Novaturas has extended its credit line with Luminor Bank, with a EUR 3 million loan repayment extended until the end of the year [7][8] Company Overview - Novaturas Group is a leading tour operator in the Baltic States, offering a wide range of travel destinations and services for 25 years [9] - In 2024, Novaturas recorded revenues of EUR 201 million and served 239,000 passengers across Lithuania, Latvia, and Estonia [9] Insurance and Regulatory Context - Tourism regulations mandate that tour operators must ensure obligations through insurance or bank guarantees to protect travelers [3] - Euroins AD is a prominent insurance provider in Bulgaria and operates in multiple European countries, specializing in travel insurance [5][6]