Day: March 9, 2022

Prospera Energy Inc. Announces Private Placement Financings

Written by Customer Service on March 9, 2022. Posted in Public Companies.

Not For Distribution to U.S. News Wire Services or For Dissemination in The United States CALGARY, Alberta, March 09, 2022 (GLOBE NEWSWIRE) — (TSXV:PEI)(OTC:GXRFF)(FRA:0F6A): Prospera Energy Inc. (“Prospera” or the “Corporation”) announces two non-brokered private placement financings to fund the ongoing restructuring process that has transitioned the Corporation to regulatory compliance, environmentally safe operating conditions and production optimization. The proceeds from these financings will fund the second phase of the development plan (horizontal wells), increasing ownership and acquisitions at hand under agreements. The financings are subject to further review and acceptance by the TSX Venture Exchange and is expected to close on or around March 25, 2022. In the first private placement, a total...

Quorum Announces New OEM Integrated Functionality For PowerLane

Written by Customer Service on March 9, 2022. Posted in Public Companies.

CALGARY, Alberta, March 09, 2022 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (QIS:TSXV) (“Quorum”), a SaaS software and services company that provides essential software that automotive dealerships rely on for operations throughout North America, is pleased to announce new Original Equipment Manufacturer (“OEM”) integrated functionality for its PowerLane product. PowerLane is a mobile Service Lane tool that provides customers with a touchless, transparent customer experience that includes media capture capabilities that allow dealership customers to review a video of any necessary repairs. “Quorum has partnered with GM and Hyundai to deliver more accurate customer vehicle maintenance and recall data into PowerLane,” stated Maury Marks, Quorum’s President and CEO. “GM, Hyundai, Ford, Nissan, Stellantis and other franchised...

Firm Capital Mortgage Investment Corporation Announces Year Ended and Q4/2021 Results, and Declaration of April, May and June Monthly Cash Dividends

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, March 09, 2022 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC, FC.DB.F, FC.DB.G, FC.DB.H, FC.DB.I, FC.DB.J, FC.DB.K and FC.DB.L) released its financial statements for the three and twelve months ended December 31, 2021. NET INCOMEFor the three months ended December 31, 2021, net income increased by 5.7% to $7,734,278 as compared to $7,318,366 reported for the same period in 2020. Net income for the year ended December 31, 2021 increased by 13.8% to $29,985,385, as compared to $26,353,473 for the year ended December 31, 2020. The increase is mainly a result of higher interest income due to a larger average investment portfolio size over the year (an annual average balance increase of $44 million), offset by a decrease in average interest rate on the investment portfolio. EARNINGS...

VAALCO Energy, Inc. Announces Fourth Quarter and Full Year 2021 Results and Provides 2022 Guidance

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

Reports Net Income of $34.4 Million, or $0.58 Per Diluted Share in Fourth Quarter 2021 and 250% Growth in Proved SEC Reserves HOUSTON, March 09, 2022 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) today reported operational and financial results for the fourth quarter and full year of 2021. Highlights and Recent Key Items:Reported strong Q4 2021 net income of $34.4 million ($0.58 per diluted share) driven by solid sales, higher realized pricing, and a $16.1 million non-cash deferred tax benefit; reported $81.8 million ($1.37 per diluted share) in net income for full year 2021;Generated $12.5 million ($0.21 per diluted share) of Adjusted Net Income(1) in Q4 2021 and $39.6 million ($0.67 per diluted share) for full year 2021;Generated Adjusted EBITDAX(1) of $22.6 million in Q4 2021 and $85.8 million for full...

Alaris Equity Partners Income Trust Releases 2021 Fourth Quarter and Annual Financial Results

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION IN THE UNITED STATES.FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, March 09, 2022 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three months and year ended December 31, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Highlights:Revenue of $37.6 million and cash generated from operating activities of $34.5 million in the fourth quarter of 2021 represent 18% and 29% increases respectively, as compared to the same period in 2020. On a per unit basis, revenue of $0.83 represents a 5.7% decrease and...

Peyto Funds Flow Rebounds in 2021

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Aberta, March 09, 2022 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to report operating and financial results for the fourth quarter and 2021 fiscal year. An improved 66% operating margin1, combined with a 21% profit margin2, to deliver a 2021 Return on Capital Employed (“ROCE”) of 7% and Return on Equity (“ROE”) of 10%. Full Year and Q4 2021 Highlights:Funds From Operations up 121% – Annual Funds from Operations (“FFO”) rose from $213 million in 2020 to $470 million in 2021 (an increase of 114% per diluted share), due to higher realized commodity prices and higher production. Q4 2021 FFO was $166 million ($0.96/diluted share) up 119% from Q4 2020. Earnings of $152 million – Annual earnings of $0.89 per diluted share, represent a profit margin of 21% and funded...

The Keg Royalties Income Fund Announces Fourth Quarter 2021 and Full Year 2021 Results

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, March 09, 2022 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) is pleased to announce its financial results for the three months ended December 31, 2021 (the “quarter”) and for the twelve months ended December 31, 2021 (“year”). HIGHLIGHTSRoyalty Pool sales(1) up 93.6% to $149.2M for the quarter and up 24.8% to $429.3M for the year KRL system sales(1) up 91.2% to $150.4M for the quarter and up 23.5% to $431.8M for the year Distributable cash(1) up 15.4% to 25.0 cents/Fund unit for the quarter and down 21.1% to 59.1 cents/Fund unit for the year Payout ratio(2) was 113.7% for the quarter and 121.5% for the yearRoyalty Pool sales reported by the 106 Keg restaurants in the Royalty Pool were $149,192,000 for the quarter,...

Shawcor Ltd. Announces Fourth Quarter and Full Year 2021 Results

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, March 09, 2022 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) reported today its operational and financial results for the three and twelve months ended December 31, 2021. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (MD&A) and audited consolidated financial statements for the years ended December 31, 2021 and 2020, which are available on the Company’s website and at www.sedar.com. Highlights from the fourth quarter include:Fourth quarter 2021 consolidated revenue was $266 million with an Adjusted EBITDA1 of $20.1 million and operating loss of $53.6 million. Non-oil and gas businesses grew to 43% of total revenue. Order backlog increased by 16% to $589 million as at December 31, 2021, compared to $507 million at September 30, 2021....

Minim to Host Fourth Quarter and Full Year 2021 Earnings Call Conference on March 31, 2022

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

MANCHESTER, NH, March 09, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Minim, Inc. (NASDAQ: MINM), the creator of intelligent networking products, today announces that it will host a conference call and live webcast on March 31, 2022 at 8:30 a.m. eastern time to discuss the results of the fourth quarter and the year ended December 31, 2021. Conference Call Details· Toll-Free Dial-In Number: (866) 393-7958 · International Dial-In Number: (706) 643-5255 · Conference ID: 3847933 Please dial-in five minutes prior to the start time of the call and provide the operator with conference ID #3847933. Slides for the call will be made available five minutes prior to the call on the investor information section of the Company’s website, https://ir.minim.com/, which will also host the call recording afterwards. About Minim Minim, Inc.,...

A Strong Finish to the Year as WSP Reports Fourth Quarter and Fiscal 2021 Results

Written by Customer Service on March 9, 2022. Posted in Earnings Releases And Operating Results.

Strong Q4 performance with robust organic growth (+9.7%) and substantial order intake in backlog ($3.3B) Robust 2021 performance:Organic net revenue growth in all segments Backlog grew organically by 10% year over year Adjusted EBITDA(2) up 25% and Adjusted EBITDA margin(2) up 140 basis points Adjusted earnings per share(2)(3) up 42% Free cash flow(2) representing 1.4 times net earningsSuccessful delivery of the 2019-2021 strategic financial ambitionsMONTREAL, March 09, 2022 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) today announced financial and operating results for the fourth quarter and year ended on December 31, 2021. Fourth quarters ended Years ended (in millions of dollars, except percentages, per share data, DSO and ratios) December 31,2021 December 31,2020 Variance December...

Day: March 9, 2022

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