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Year: 2021

Goodfood Reports Record Annual Net Sales of $379 Million, Fourth Quarter Net Sales of $79 Million and Launched On-Demand Grocery Service and Meal Solution Offering with One-Hour Delivery

Net sales reached $379.2 million, an increase of $93.9 million, or 33% year-over-yearGross margin reached 30.6%, an improvement of 0.3 percentage points and gross profit reached $116.1 million, an increase of $29.7 million, or 34% year-over-yearNet loss of $31.8 million compared to $5.3 million last yearAdjusted EBITDA margin (1) was negative 4.0%, a decrease of 5.2 percentage points year-over-yearLaunch of on-demand 1-hour or less delivery with updated digital store supporting over 1,000 grocery products and meal-solutions to active customers (1)Continued investments in fulfilment network expansion (13 facilities across Canada), product selection, and order orchestration technology to support faster online delivery beginning with our recent launch in Toronto and to be followed with our Montreal launch in the coming daysStrong...

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Next Hydrogen Reports Q3 2021 Financial Results

MISSISSAUGA, Ontario, Nov. 17, 2021 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen“) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of hydrogen electrolyzers, is pleased to report its financial results for the third quarter ended September 30, 2021. “Moving into our new assembly facility as well as announcing our partnership with Hyundai and Kia marked two significant third quarter milestones in the evolution of Next Hydrogen,” said Raveel Afzaal, President and CEO of Next Hydrogen. “We have relocated inhouse system assembly and consolidated our expanded product development, engineering, manufacturing, operations teams at this facility. This helps accelerate our efforts to become the leading provider of green hydrogen solutions.” Q3 2021 Financial HighlightsRevenue was $77,397 for the three-month...

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iMedia Brands Reports Third Quarter 2021 Results, Increases 2021 Guidance

MINNEAPOLIS, Nov. 17, 2021 (GLOBE NEWSWIRE) — iMedia Brands, Inc. (the “Company” or “IMBI”) (NASDAQ: IMBI) today announced results for the third quarter ended October 30, 2021. “Our mission is to capitalize on the accelerating marketplace convergence of entertainment, ecommerce and advertising,” said Tim Peterman, CEO of IMBI. “Our strong third quarter performance and the successful closing of our 123tv acquisition are tangible examples that our progress continues.” Third Quarter 2021 Summary & Recent HighlightsNet sales were $130.7 million, an increase of 20% compared to the same prior-year period and the best year-over-year quarterly revenue growth in over ten years. During the quarter, the Company launched 25+ new brands across its television networks ShopHQ, ShopBulldogTV and ShopHQHealth.Year-to-date net sales were...

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Rubicon Organics Reports Record Third Quarter 2021 Financial Results and Operational Update

$7.1 million in net revenue, 54% increase over Q2 2021 8.3% national market share of premium flower and pre-rolls #1 Premium flower and pre-roll brand in Canada with Simply BareTM OrganicVANCOUVER, British Columbia , Nov. 17, 2021 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, today reported its financial results for the third quarter ended September 30, 2021 (“Q3 2021”). All amounts are expressed in Canadian dollars. “Our record net revenue this quarter is a strong validation of our strategy to create an innovative portfolio of branded products, rooted in the production of high-quality organic cannabis. We can now also demonstrate that our lean manufacturing processes and...

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Fusion Fuel Green Hosts Third Quarter 2021 Investor Update

DUBLIN, Ireland, Nov. 17, 2021 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO) (“Fusion Fuel”), an emerging leader in the green hydrogen sector, today announced financial results for the third quarter ended September 30, 2021. The quarterly shareholder letter is available on the Fusion Fuel website at: https://ir.fusion-fuel.eu/financials-filings/earnings-releases Third Quarter 2021 and Subsequent Business HighlightsEntered into an EPC agreement with Exolum to deliver a turnkey 0.42 MW Green Hydrogen Plant and a Hydrogen Refueling Station. Received approval for €4.3m in POSEUR funding for Fusion Fuel´s HEVO-Sul project. Fusion Fuel will also supply technology for projects submitted to POSEUR by PRIO Energy and KEME Energy, which received funding approval for €2.4m and €2.5m respectively. Announced the HEVO...

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Russia Oilfield Services Market to Exhibit a CAGR of 5.9% between 2021 and 2028; Technological Innovations in Oilfield Services to Promote Growth: Fortune Business Insights™

Key Companies Profiled in Russia Oilfield Services Market are Rosneft-Burenie, Surgutneftegas, Gazprom Bureniye LLC, NaftaGaz JSC, Wagenborg Oilfield Services, Burintekh, Ltd, INTEGRA, AKROS Oilfield Services Company, ZAO Arktikshelfneftegaz, ZAO Transarm, OAO Uralmashzavod, HMS Group, Weatherford, LLC SGK-Burenie, OOO BKE (Russia), JSC Investgeoservis, KCA Deutag, Eriell, Tatburneft (Russia), Nabors Industries Ltd Pune, India, Nov. 17, 2021 (GLOBE NEWSWIRE) — The Russia oilfield services market size is expected to reach USD 27.38 billion by 2028, exhibiting a CAGR of 5.9% during the forecast period. The increasing exploration and production of oilfields, catering to the demand for crude oil and shale gas, will augment healthy growth of the market, states Fortune Business Insights™, in a report titled “Russia Oilfield Services...

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Leadership transition in EIB’s Capital Markets Department

For immediate release 17 November 2021 Leadership transition in EIB’s Capital Markets DepartmentEila Kreivi to step down and take on new advisory role at EIB, effective 1st February 2022 Eric Lamarcq designated to lead ad interim, alongside existing role as Head of TreasuryAfter a highly distinguished decade at the helm of EIB’s Capital Markets Department, Eila Kreivi has decided to stand down and will take on a new part-time function at EIB, as Chief Sustainable Finance Advisor, effective February 1st, 2022. Starting from that date, Eric Lamarcq will act as interim Head of Capital Markets, in addition to his role as Head of Treasury. The Bank will communicate further on this leadership transition when appropriate.Part of Ms. Kreivi’s new role will be to continue her work at the EU Platform for Sustainable Finance as one of the EIB’s...

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Global Breast Cancer Therapeutics Market to Exhibit 13.1% CAGR and Hit USD 55.27 Billion till 2027 | Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Fortune Business Insights™

Breast Cancer Therapeutics Market to Reach USD 55.27 Billion by 2027; Rising R&D Activities to Introduce Novel Products will Boost Growth: Fortune Business Insights™ Pune, India, Nov. 17, 2021 (GLOBE NEWSWIRE) — The global breast cancer therapeutics market is set to gain impetus from the ongoing research and developments to come up with state-of-the-art drugs. This information is given by Fortune Business Insights™ in a new study, titled, “Breast Cancer Therapeutics Market Size, Share & COVID-19 Impact Analysis, By Therapy (Targeted Therapy, Hormonal Therapy, Chemotherapy, and Immunotherapy), By Cancer Type (Hormone Receptor, and HER2+), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies, and Others), and Regional Forecast, 2020-2027.” The study further mentions that the market size was...

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UPDATE – DLocal Limited Reports Third Quarter 2021 Financial Results

US$1.8 billion Total Payment Volume, up 217% year-over-yearRevenues of US$68.6 million, up 123% year-over-year38% Adj EBITDA Margin, down 228 bps year-over-year dLocal reports in US dollars and in accordance with IFRS as issued by the IASB MONTEVIDEO, Uruguay, Nov. 17, 2021 (GLOBE NEWSWIRE) — DLocal Limited (“dLocal”, “we”, “us”, and “our”) (NASDAQ:DLO), a technology-first payments platform today announced its financial results for the third quarter ended September 30, 2021. “We continue to see strong growth across multiple verticals as we see local economies continue to bounce back and global merchants prioritize their efforts in emerging markets. We continue to execute on our strategy to make the complex simple for our merchants. We continue to add new product capabilities on our platform that enhance our merchants’ ability to...

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Cudos and Tingo Vow to End the Poverty Premium With a Huge Partnership

NEW YORK, Nov. 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Tingo Inc., OTC Markets (IWBB) (“Tingo” or the “Company”), is proud to announce its collaboration with the decentralized cloud computing network Cudos to tackle the poverty premium through mobile monetization applications which will lead to the empowerment of over 9 million Nigerians, enabling them to earn an income from their smartphones. The announcement, shared on stage at AIBC Malta, a global event unifying AI, UI, IoT and Quantum Tech, and hosting thousands of policymakers and thought leaders, attracted an impressive standing ovation. As a growing, scalable computing network, Cudos has over 500,000 business and individual accounts, contributing underutilized resources and earning simultaneously for its users. Similar to Airbnb’s online marketplace, Cudos’...

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