Month: April 2022
The Company continues to execute its four-pronged plan: advance co-ventures for recurring revenue, scale the ride business to reflect demand, focus our technology development on product innovation and revenue diversification and aggressively expand our parts and service business.
TORONTO, April 29, 2022 (GLOBE NEWSWIRE) — Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) ( the “Company” and “our”) today reported its audited consolidated financial results for the quarter and year ended December 31, 2021. The consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at sedar.com or at dynamictechgroup.com.
“We are continuing our drive towards a recurring revenue business model based on co-ventures,” said Guy Nelson, Executive Chairman and CEO. “The impact of the COVID-19 global pandemic on the...
Jøtul Group – Annual report and Independent auditor’s report for the year ended 31 December 2021
Written by Customer Service on . Posted in Public Companies.
The Jøtul Group (representing Jøtul AS together with its subsidiaries) is one of the three largest suppliers of fireplaces in Europe and a significant player in North America. The company, with a history dating back to 1853 through its legacy as one of Norway’s oldest companies, distributes stand-alone stoves, inserts, frames, and accessories for fireplaces. The Group’s main brands are Jøtul, Scan and Ravelli. The Jøtul fireplaces are manufactured from cast iron and appear timeless and robust, with Norwegian origins. The Scan fireplaces are manufactured from plated steel and are characterized by modern Danish design, while the Ravelli pellets stoves are characterized by Italian design and technology. The head office is based in Norway. Manufacturing takes place through own production in Norway, Poland, France, and the USA, in addition...
Ebang International Reports Financial Results for Fiscal Year 2021
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
HANGZHOU, China, April 29, 2022 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a global blockchain technology company, today announced its financial results for the fiscal year ended December 31, 2021.
Operational and Financial Highlights for Fiscal Year 2021
Total computing power sold in fiscal year 2021 was 1.50 million Thash/s, representing a year-over-year increase of 200% from 0.50 million Thash/s in fiscal year 2020.
Total net revenues in fiscal year 2021 were US$51.45 million representing an 170.73% year-over-year increase from US$19.00 million in fiscal year 2020.
Gross profit in fiscal year 2021 was US$29.22 million compared to the gross loss of US$2.90 million in fiscal year 2020.
Net income in fiscal year 2021 was US$2.77 million compared to net loss of US$32.11 million...
Ostin Technology Group Co., Ltd. Announces Closing of Initial Public Offering, Including Full Exercise of the Over-allotment Option
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Nanjing, China, April 29, 2022 (GLOBE NEWSWIRE) — Ostin Technology Group Co., Ltd. (the “Company”) (NASDAQ: OST), a supplier of display modules and polarizers in China, today announced the closing of its initial public offering (the “Offering”) of 3,881,250 ordinary shares, including 506,250 ordinary shares comprising the underwriters’ over-allotment option which was exercised in full, at a public offering price of $4.00 per ordinary share, for aggregate gross proceeds of $15,525,000 before deducting underwriting discounts and commissions and offering expenses. The Offering closed on April 29, 2022 and the ordinary shares began trading on April 27, 2022 on The Nasdaq Capital Market under the ticker symbol “OST.”
Prime Number Capital LLC acted as lead book-running manager for the offering. Shengang Securities Company...
Hemlo Explorers Announces Extension of Binding Term Sheet with Barrick Gold
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TORONTO, April 29, 2022 (GLOBE NEWSWIRE) — Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) announces an extension of the binding term sheet with a wholly owned subsidiary of Barrick Gold Corporation (see news release dated April 4, 2022) that originally estimated that the parties would sign a definitive agreement (the “Definitive Agreement”) by April 30, 2022. Both parties continue to work through the due diligence process and are working to finalize the Definitive Agreement in May 2022.
About Hemlo Explorers Inc.
Hemlo Explorers is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. We are focused on generating shareholder value through the advancement of our main Hemlo area, including the Pic, North Limb and Hemlo West Projects.
For more information please contact:
Brian Howlett,...
Eargo Provides Business Update
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Reached settlement agreement to resolve DOJ investigation
Company to Hold Conference Call and Web Cast on May 2, 2022 at 8 a.m. Eastern Time
SAN JOSE, Calif., April 29, 2022 (GLOBE NEWSWIRE) — Eargo, Inc. (Nasdaq: EAR) (the “Company”), a medical device company on a mission to improve the quality of life of people with hearing loss, today provided a business update and provided guidance on its operating cash runway.
Business Updates:Preliminary first quarter 2022 Gross systems shipped is expected to be approximately 5,770, representing 100% cash pay shipments.Focused on efficiency of cash pay business, including reduced media spend and driving improved conversion rates.
Conducting retail pilots under existing regulations at partnered physical locations, offering consumers an in-person Eargo experience and driving new awareness.Preliminary...
Eargo Finalizes Agreement with the United States to Resolve Investigation With No Admission of Liability
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SAN JOSE, Calif., April 29, 2022 (GLOBE NEWSWIRE) — Eargo, Inc. (Nasdaq: EAR) (“Eargo” or the “Company”) has entered into a civil settlement agreement with the United States to resolve the previously disclosed investigation by the U.S. Department of Justice (the “DOJ”) related to insurance reimbursement claims submitted to various federal employee health plans under the Federal Employee Health Benefits (“FEHB”) program. Eargo fully cooperated with the DOJ’s investigation, the resolution of which allows the Company to continue to move forward with its core mission of improving the quality of life of people with hearing loss.
“We are pleased to reach the resolution announced today and plan to engage with the government regarding potential coverage of Eargo hearing aids for federal employees going forward,” said Christian Gormsen,...
JOYY Inc. Files 2021 Annual Report on Form 20-F
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SINGAPORE, April 30, 2022 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”, formerly known as YY Inc.), a global video-based social media company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021, with the Securities and Exchange Commission on April 29, 2022, Eastern Time. The annual report can be accessed on the Company’s investor relations website at http://ir.joyy.com.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at joyy-ir@joyy.com.
About JOYY Inc.JOYY is a leading global social media company that enables users to interact with each other in real...
Fanhua Files 2021 Annual Report on Form 20-F with the SEC
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GUANGZHOU, China, April 29, 2022 (GLOBE NEWSWIRE) — Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that it has filed its 2021 annual report on Form 20-F, which contains its audited financial statements for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission (the “SEC”) on April 29, 2022. The 2021 20-F can be accessed on the SEC’s website at http://www.sec.gov as well as on the Investor Relations page of the Company’s website at http://ir.fanhuaholdings.com/financial-information/sec-filings. Hard copies of the annual report are available, free of charge, to its shareholders upon request.
About Fanhua Inc.
Fanhua Inc. is a leading independent financial services provider. Through our online platforms and...
IDEX Biometrics 2021 Annual Report on Form 20-F
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IDEX Biometrics’ 2021 annual report on form 20-F has been filed with the U.S. Securities and Exchange Commision (SEC). The report is enclosed (link below).
The file is also available at the company’s web site www.idexbiometrics.com. All SEC filings by IDEX Biometris are available from the SEC’s website at www.sec.gov.
For further information contact:Marianne Bøe, Head of Investor RelationsE-mail: marianne.boe@idexbiometrics.comTel: +47 918 00186
About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX and Nasdaq: IDBA) is a leading provider of fingerprint identification technologies offering simple, secure, and personal touch-free authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices, or gain admittance to buildings with the touch of a finger. We invent, engineer, and...