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Four Seasons Education Files Fiscal Year 2025 Annual Report on Form 20-F
Prnewswire· 2025-06-26 10:50
SHANGHAI, June 26, 2025 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a tourism and education-related service provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended February 28, 2025, with the Securities and Exchange Commission (the "SEC") on June 26, 2025. The annual report can be accessed on the Company's investor relations website at https://ir.sijiedu.com and on the SEC's website at www.se ...
High Arctic Overseas Announces Executive Appointment
Globenewswire· 2025-06-23 12:11
Company Overview - High Arctic Overseas Holdings Corp. has appointed Matthew Cocks as Chief Financial Officer effective June 24, 2025, pending TSX Venture Exchange approval [1] - The company specializes in drilling and specialized well completion services, manpower solutions, and rental equipment in Papua New Guinea [5] Leadership Background - Matthew Cocks joined the company in October 2023 as VP-Finance, focusing on financial leadership and strengthening finance and accounting processes [2] - Cocks has over 20 years of experience in financial leadership roles across various sectors, including resources, construction, manufacturing, and logistics [3] - The CEO, Mike Maguire, expressed confidence in Cocks' expertise, particularly in international markets and extractive industries, which will aid in diversifying and expanding the PNG business [4] Transition of Roles - Lonn Bate served as Interim CFO since the spin-out and will now concentrate on his role as CFO of High Arctic Energy Services Inc. [4]
Civeo(CVEO) - 2025 Q1 - Earnings Call Transcript
2025-04-30 13:32
Civeo (CVEO) Q1 2025 Earnings Call April 30, 2025 08:30 AM ET Company Participants Regan Nielsen - Senior Director of Corporate Development & Investor RelationsBradley Dodson - CEO, President & DirectorCollin Gerry - SVP, CFO & TreasurerStephen Gengaro - Managing DirectorDave Storms - Director of Equity Research Conference Call Participants Alex Hantman - Analyst Operator and welcome to the Silvia Corporation First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only ...
Civeo(CVEO) - 2025 Q1 - Earnings Call Transcript
2025-04-30 12:30
Civeo (CVEO) Q1 2025 Earnings Call April 30, 2025 08:30 AM ET Speaker0 and welcome to the Silvia Corporation First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Regan Nielsen. Please go ahead. Speaker1 Thank you, and welcome to Civeo's first quarter twenty twenty five earnings conference ...
High Arctic Overseas Announces 2024 Fourth Quarter Results
Globenewswire· 2025-04-30 06:12
Core Insights - High Arctic Overseas Holdings Corp. has reported its financial and operational results for the year ended December 31, 2024, highlighting a significant decrease in revenue and adjusted EBITDA due to low drilling activity and costs associated with the spin-out transaction [1][6][12] Financial Performance - For Q4 2024, revenue was $2,421 thousand, a decrease of $10,112 thousand or 81% compared to Q4 2023, which was $12,533 thousand [11][15] - Adjusted EBITDA for Q4 2024 was negative $482 thousand, a decrease of $3,418 thousand or 116% compared to Q4 2023, which was $2,936 thousand [11][15] - The net income for Q4 2024 was $1,806 thousand, compared to $1,907 thousand in Q4 2023 [11][15] - For the full year 2024, revenue totaled $24,075 thousand, a reduction of $19,305 thousand or 45% compared to 2023 [12][20] - The net income for 2024 was $2,857 thousand, compared to a net loss of $8,623 thousand in 2023 [12][20] Operational Highlights - The company has maintained a strong liquidity position with a working capital balance of $20.6 million, including a cash balance of $14.9 million and no debt [6][12] - Operating margins decreased from 32.2% in Q4 2023 to 28.6% in Q4 2024, attributed to reduced revenue-generating activities [6][11] - The company’s drilling rig 103 remained suspended, while rigs 115 and 116 were cold-stacked, although manpower services and rental services continued with other customers [6][12] Strategic Outlook - The company is positioned to participate in anticipated future drilling activity in Papua New Guinea (PNG), supported by recent LNG developments and environmental approvals for major projects [3][28] - The outlook for 2025 remains subdued, with expectations that equipment rental and manpower services will be the primary revenue-generating activities [26][27] - High Arctic continues to engage with principal customers for future drilling activity and is exploring business expansion opportunities in PNG [27][30]