Month: February 2022

Precipio Releases Year-End 2021 Preliminary Unaudited Results and Outlook for 2022

Written by Customer Service on February 24, 2022. Posted in Public Companies.

NEW HAVEN, Conn., Feb. 24, 2022 (GLOBE NEWSWIRE) — Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), today announced its unaudited and preliminary results for 2021. The Company anticipates posting revenues of $8.9 million, an increase of $2.8 million from 2020, representing a 45% year-over-year increase. Additionally, preliminary Q4-2021 revenues of $2.4 million represent a 25% increase from revenues of $1.9 million in Q4-2020. The Company shows positive revenues for 2021 even with the challenge of access to physician offices and patients deferring non-emergency office visits related to COVID protocols. The main increase in revenue growth in 2021 came from Pathology Diagnostic Testing. We anticipate continued growth in 2022 as lifting of COVID related restrictions allow the practice of medicine to return to normal. Diagnostic...

Maiden Resource Estimate Webinar Live on Website

Written by Customer Service on February 24, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Feb. 24, 2022 (GLOBE NEWSWIRE) — Apollo Silver Corp. (TSX.V:APGO, OTCQB:APGOF, FSE:6ZF0) (“Apollo” or the “Company”) is pleased to announce that a video recording of its webinar from last Wednesday, February 16, 2022 at 1:00 p.m. PST, is now live on its website. The webinar was hosted by Tom Peregoodoff, President and CEO, and Cathy Fitzgerald, VP Exploration and Resource Development, who reviewed the Company’s Maiden National Instrument (“NI”) 43-101 Mineral Resource Estimates for the Waterloo and Langtry silver properties, now collectively referred to as the Calico Silver Project (“Calico” or the “Calico Project”), located in San Bernardino County, California, as disclosed in the Company’s news release dated February 9, 2022. In addition to reviewing the mineral resource estimate results, Tom and...

Timbercreek Financial Announces 2021 Fourth Quarter Results

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Feb. 24, 2022 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months and year ended December 31, 2021 (“Q4 2021”). Q4 2021 Highlights1Q4 2021 results reflect high funding volumes from a strong pipeline of opportunities. The Company funded $335.6 million on new and existing mortgages, versus repayments of $263.8 million, ending the period with net mortgage investments of $1,159.6 million. The robust transaction volume resulted in a Q4 2021 turnover ratio of 23.3%.Declared $14.2 million in dividends to shareholders, or $0.17 per share, and delivered distributable income and adjusted distributable income of $16.2 million, or $0.20 per share, representing a payout ratio of 87.6% on both distributable income and adjusted distributable income. The 2021...

CORRECTION — Innovid Reports Q4 and Fiscal Year 2021 Financial Results

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Innovid Corp. (NYSE:CTV), please note that table headers are updated from “INNOVID, INC.” to “INNOVID, CORP.” and the section “Non-GAAP Measures and Certain Operational Metrics” replaces the previous section “Use of Non-GAAP Financial Information”. The corrected release follows: Innovid Reports Q4 and Fiscal Year 2021 Financial ResultsIncreased revenue by 31% year-over-year, driven by growth in CTV plus increased adoption of personalization Grew CTV revenue by 48% year-over-year CTV accounted for 45% of total 2021 revenue, up from 40% in 2020 Achieved adjusted EBITDA* of $5.4 million reflecting 110% growth year-over-year Agreed to acquire converged TV measurement leader TVSquared...

Where Food Comes From, Inc. Reports 2021 Fourth Quarter and Full Year Financial Results

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

Fourth Quarter Highlights – 2021 vs. 2020Revenue increased 5% to $5.8 million from $5.6 millionNet income increased 36% to $0.7 million from $0.5 millionDiluted EPS increased to $0.12 from $0.09Adjusted EBITDA increased 28% to $1.3 million from $1.0 millionFull Year Highlights – 2021 vs. 2020Revenue increased 9% to $21.9 million from $20.1 millionNet income increased 114% to $3.0 million from $1.4 millionDiluted EPS increased to $0.48 from $0.22Adjusted EBITDA increased 23% to $3.7 million from $3.0 millionCash generated from operations increased 23% to $3.0 million from $2.5 millionCash & cash equivalents increased 24% to $5.4 million from $4.4 millionWorking capital increased 31% to $5.7 million from $4.4 millionCASTLE ROCK, Colo., Feb. 24, 2022 (GLOBE NEWSWIRE) — Where Food Comes From, Inc. (WFCF)...

Home Point Capital Reports Fourth Quarter 2021 Financial Results

Written by Customer Service on February 24, 2022. Posted in Earnings Releases And Operating Results.

– Quarterly Origination Volume of $21 Billion – – 2021 Origination Volume of $96 Billion, Up 55% Y/Y – – 2021 Broker Partner Growth of 49% Y/Y – – Fourth Quarter 2021 Net Income of $19 Million; $0.14 per Diluted Share – ANN ARBOR, Mich., Feb. 24, 2022 (GLOBE NEWSWIRE) — Home Point Capital Inc. (NASDAQ: HMPT) (together with its subsidiaries, “Home Point Capital” or the “Company”), the parent entity of Home Point Financial Corporation (“Homepoint”), today announced its financial results for the fourth quarter and full year ended December 31, 2021. “The flexibility of our model and team enabled us to adapt to a rapidly evolving market and ultimately produce another record year of growth,” said Willie Newman, President and Chief Executive Officer. “We expanded our broker partner network to over 8,000 brokerages and made meaningful...

Saratoga Investment Corp. Declares Quarterly Dividend of $0.53 per Share for the Fiscal Fourth Quarter Ended February 28, 2022

Written by Customer Service on February 24, 2022. Posted in Dividend Reports And Estimates.

NEW YORK, Feb. 24, 2022 (GLOBE NEWSWIRE) — Saratoga Investment Corp. (NYSE:SAR) (“Saratoga Investment” or “the Company”), a business development company, today announced that its Board of Directors has declared a quarterly dividend of $0.53 per share for the fiscal fourth quarter ended February 28, 2022, payable on March 28, 2022, to all stockholders of record at the close of business on March 14, 2022. “Our continued strong track record, superior portfolio performance, healthy credit profile, robust deal pipeline, and ongoing asset growth are key attributes of our ability to deliver consistent financial performance and support a program of paying attractive quarterly dividends,” said Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Investment. “This dividend strategy is consistent with our objective of producing...

Verisk Acquires Identity Resolution & Consumer Intelligence Leader Infutor

Written by Customer Service on February 24, 2022. Posted in Mergers And Acquisitions.

Infutor will combine with Verisk’s Jornaya to create Verisk Marketing Solutions JERSEY CITY, N.J., Feb. 24, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, announced today it has acquired Infutor, a leading provider of identity resolution and consumer intelligence data. The acquisition further enhances Verisk’s marketing solutions offerings to companies across several industries including the insurance industry. Verisk plans to integrate Infutor with Jornaya, which it acquired in 2020, to form Verisk Marketing Solutions. Infutor provides real-time identity resolution and consumer intelligence to marketers and the platforms and data companies that build products to serve marketers. Demand for Infutor’s services has spiked as the MarTech and AdTech communities prepare for a future without...

Smart for Life Acquires Sports Illustrated Nutrition Trademark Rights

Written by Customer Service on February 24, 2022. Posted in Mergers And Acquisitions.

Rights Were Secured Pursuant to SMFL’s Acquisition of GSP Nutrition MIAMI, Feb. 24, 2022 (GLOBE NEWSWIRE) — Smart for Life, Inc. (NASDAQ: SMFL), a leading developer, marketer, and manufacturer of nutritional and related products, today announced the rollout of its Sports Illustrated Nutrition brand pursuant to its acquisition of GSP Nutrition, Inc., as disclosed in the prospectus for the company’s recently closed initial public offering. The announcement was made by A.J. Cervantes, Jr., the Smart for Life Chairman. The acquisition of GSP Nutrition, Inc. and the Sports Illustrated Nutrition brand was completed on December 6, 2021. The initial rollout of the Sports Illustration Nutrition product, marketed by the Company’s Nexus Offers’ division, has now commenced on a test market basis with full rollout anticipated within Q-1 2022. About...

Rover Metals Announces Acquisition of Tobin Gold Project, Winnemucca, NV, USA

Written by Customer Service on February 24, 2022. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Feb. 24, 2022 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4XO) (“Rover” or the “Company”) is pleased to announce its acquisition of the Tobin Gold Project situated in the Mt. Tobin range, in northern Nevada. The Tobin Project is located 77 km by road south of the city of Winnemucca, NV, and is in the heart of a rich gold jurisdiction that has seen major consolidation in the past 24 months. Tobin Gold ProjectRover has acquired a 100% interest in the Tobin Gold Project (“Tobin”) which is comprised of 68 claims within BLM land, for a total of 1,405 acres (or 569 hectares). Tobin is a Carlin-style gold system set in Mesozoic rocks. The project is located about 40 km from the operating Phoenix Gold Mine, which is owned by Nevada Gold Mines, a joint venture between Newmont and Barrick....

Month: February 2022

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