Day: March 10, 2022

+2% Increase in Monthly Distributions Commencing in 2022 +8% NAV Growth since the Beginning of 2021 $28 Million of YTD Capital Recycling $157 Million in YTD Acquisitions Graduation to TSX TORONTO, March 10, 2022 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust”), (TSX: FCD.UN) is pleased to report its financial results for the year ended December 31, 2021. PROPERTY PORTFOLIO HIGHLIGHTS The portfolio consists of 65 commercial properties with a total gross leasable area (“GLA”) of 2,420,168 square feet, four multi-residential complexes comprised of 464 units and two Manufactured Home Community comprised of 423 units. The portfolio is well diversified and defensive in terms of geographies and property asset types, with 57% of NOI (43% of asset value) comprised of grocery anchored retail followed by industrial...

Provides Outlook for Full Year 2022 CHARLOTTE, N.C., March 10, 2022 (GLOBE NEWSWIRE) — NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today reported its financial results for the fourth quarter and full year ended December 31, 2021. Warren Veltman, President and Chief Executive Officer, said, “Our team made meaningful progress towards achieving our long-term goals during fiscal year 2021. Despite the ongoing challenges facing our Company and the industries we serve, we are optimistic given the trends in our businesses, including the continued growth in our sales pipeline and in new business wins heading into the new year. In January 2022, we welcomed Andrew Wall as our Chief Commercial Officer who will be responsible for advancing our business growth strategy and capturing additional market share driven by end market...

TORONTO, March 10, 2022 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces fourth quarter (“Q4 2021”) and full year financial results. All figures are stated in Canadian dollars unless otherwise noted. Key Highlights:Record full year production at the Eagle River Complex of 101,403 ounces Decreased Eagle River cash costs by 6% Increased revenues and cash margins by 22% Increased operating cash flows by 28% Increased Eagle River reserve grade by 15% Increased Eagle River resources (exclusive of reserves) by 25% Kiena Mine embarked on a construction and mining ramp up as per the May 2021 Pre-Feasibility study – fully funded from internally generated cash flow Successfully restarted Kiena in Q3, producing 22,440 pre-commercial ounces Increased Kiena Measured and Indicated Resources...

SHANGHAI, China, March 10, 2022 (GLOBE NEWSWIRE) — 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading financial technology platform in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021. Fourth Quarter 2021 Business HighlightsAs of December 31, 2021, our digital platform has connected 119 financial institutional partners and 188.2 million consumers*1 with potential credit needs, cumulatively, an increase of 15.7% from 162.6 million a year ago. Cumulative users with approved credit lines*2 were 38.5 million as of December 31, 2021, an increase of 24.6% from 30.9 million as of December 31, 2020. Cumulative borrowers with successful drawdown, including repeat borrowers was 24.3 million as of December 31, 2021, an increase of 23.4% from 19.7 million...

TORONTO, March 10, 2022 (GLOBE NEWSWIRE) — IBI Group Inc. (“IBI” or the “Company”), a globally integrated design and technology firm, today announced its financial and operating results for the three and twelve months ended December 31, 2021. Select financial and operational information is outlined below and should be read with IBI’s consolidated financial statements (“Financial Statements”) and management’s discussion and analysis (“MD&A”) as of December 31, 2021, which are available on SEDAR at www.sedar.com and on IBI’s website at www.ibigroup.com. Select Full Year and Fourth Quarter Highlights:Net revenue of $444.5 million increased by 13% in 2021 with 7.5% organic growth and exceeded the Company’s most recent guidance of $435 million by 2%, while Q4 net revenue grew 14% with 9.6% organic growth. For 2022, net revenue...

Q3 results provide further insight into strong 2021 performanceRegains compliance with NASDAQ listing requirementsStrategic review process remains ongoingCompany nears completion of work with G2 Capital Advisors to continue optimizing business structure ALLEN, Texas, March 10, 2022 (GLOBE NEWSWIRE) — PFS (NASDAQ: PFSW) (the “Company”), a premier eCommerce order fulfillment provider, today reported results for the third quarter ended September 30, 2021. The results had been delayed as a result of the complex tax implications and labor-intensive closing process associated with the sale of the LiveArea global business to Merkle for approximately $250 million in gross proceeds, which was completed on August 25, 2021, and the required financial reporting and accounting segmentation of previously commingled business entities. The...

HAVERTOWN, Penn., March 10, 2022 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) today reported net income of $910,000, or $0.12 per diluted share, for its 2022 fiscal third quarter ended January 31, 2022 compared to net income of $2,093,000, or $0.28 per diluted share, for the same period of the prior year. For the first nine months of 2022, AMREP had net income of $5,873,000, or $0.80 per diluted share, compared to net income of $3,484,000, or $0.44 per diluted share, for the same period of 2021. Revenues were $9,816,000 and $36,559,000 for the third quarter and first nine months of 2022 and $7,864,000 and $21,326,000 for the third quarter and first nine months of 2021. More information about the Company’s financial performance may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with...

Dallas, Texas, March 10, 2022 (GLOBE NEWSWIRE) — Valhi, Inc. (NYSE: VHI) reported net income from continuing operations attributable to Valhi stockholders of $52.0 million, or $1.83 per share, in the fourth quarter of 2021 compared to $20.2 million, or $.71 per share, in the fourth quarter of 2020. For the full year of 2021, Valhi reported net income from continuing operations attributable to Valhi stockholders of $127.2 million, or $4.46 per diluted share compared to $50.9 million, or $1.79 per diluted share for the full year of 2020. Net income from continuing operations attributable to Valhi stockholders increased in the fourth quarter of 2021 as compared to the fourth quarter of 2020 primarily due to higher operating results from each of our segments. Net income from continuing operations attributable to Valhi stockholders...

-Record 2021 Revenue of $235 Million, Exceeds Guidance by $13 million, a 42% Increase Over Prior Year- -Record Cash Flow from Operations of $29 million, an Increase of 148% Over Prior Year--2022 Revenue Guidance Range of $350 Million to $360 Million- DENVER, March 10, 2022 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”), the innovative luxury travel subscription brand, today announced financial and operating results for the fourth quarter and year ended December 31, 2021. Highlights:Record Setting Results. As of December 31, 2021, Total Active Subscriptions*, Pass subscriptions, Annual Recurring Revenue*, and Controlled Accommodations* all finished at the highest levels in Company history.Revenue. Strong demand for travel resulted in total revenues of $235 million for 2021, exceeding the previous forecast...

SCOTTSDALE, Ariz., March 10, 2022 (GLOBE NEWSWIRE) — LifeStance Health Group, Inc. (NASDAQ: LFST), one of the nation’s largest providers of outpatient mental health care, today announced financial results for the fourth quarter and full year ended December 31, 2021. (All results compared to prior-year comparative period, unless otherwise noted)2021 Highlights and 2022 OutlookFourth quarter revenue increased 61% to $190.1 million and full year revenue of $667.5 million increased $290.3 million or 77%1 compared to revenue of $377.2 million in 2020 ($265.5 million for the Successor 2020 Period and $111.7 million for the Predecessor 2020 Period) Clinician base increased 55% to 4,790 clinicians, including 415 net clinician adds in the fourth quarter and 1,693 for the full year Net loss of $108.0 million in the fourth quarter and $307.2...