Day: May 3, 2022

Norsk Hydro: First quarter 2022 – Strategic growth and record results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

Hydro’s adjusted EBITDA for the first quarter of 2022 was NOK 11,165 million, up from NOK 5,182 million for the same quarter last year, resulting in a 12-month rolling Adjusted RoaCE of 23 percent. Higher all-in metal and alumina prices, record high quarterly results from Hydro Energy and Hydro Extrusions, contributed positively to earnings, but were partly offset by higher fixed costs and raw material costs upstream. – Tight markets with strong prices and high volatility– Record results in Aluminium Metal, Energy and Extrusions– Strong growth in volumes of greener products, first near-zero aluminium produced in Clervaux– Significant growth in recycling– Hydro Rein growing portfolio beyond 1 GW “Hydro is delivering both strong financial results and good progress on our strategic objectives of strengthening...

Election of a new member of the Supervisory Board

Written by Customer Service on May 3, 2022. Posted in Public Companies.

At the Annual General Meeting of AS Ekspress Grupp held on 2 May 2022, Triin Hertmann was elected as a new member of the Supervisory Board for the next five years. The Supervisory Board of AS Ekspress Grupp will continue with four members: Priit Rohumaa (the Chairman), Hans H. Luik, Indrek Kasela and Triin Hertmann. The CV of Triin Hertmann is attached to the stock exchange release. Additional information Mari-Liis Rüütsalu Chairman of the Management Board +372 512 2591 mariliis.ryytsalu@egrupp.ee AS Ekspress Grupp is the leading media group in the Baltic States whose key activities include web media content production, publishing of newspaper, magazines and books. The Group also manages the electronic ticket sales platform and ticket sales sites in Latvia and Estonia. Ekspress Grupp that launched its operations in 1989 employs 1,400...

Robust cash flow and financial position

Written by Customer Service on May 3, 2022. Posted in Public Companies.

(Fornebu, 3 May 2022) In the first quarter, the mobile business performed well while the overall quarter was impacted by our strategic journey of investing in modern networks and structural transactions in Asia. The growth was held back by the Norwegian fixed line business and intensified competition in Thailand. Service revenues were stable, and EBITDA was negatively affected by the copper decommissioning in Norway which is in its final year. In addition, higher energy prices, and activities related to the planned mergers in Thailand and Malaysia impacted EBITDA negatively. This resulted in an organic EBITDA development of -2 %. Free cash flow remained robust at NOK 3.6 billion in the quarter, further strengthening our financial position. “I am especially pleased with the growth in mobile service revenues and ARPU across the Nordic...

EarthRenew Release of 2021 Annual Financial Statements & MD&A

Written by Customer Service on May 3, 2022. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES CALGARY, Alberta, May 03, 2022 (GLOBE NEWSWIRE) — EarthRenew Inc. (CSE: ERTH; OTCQB: VVIVF) (“EarthRenew” or “the Company”), along with its wholly-owned subsidiary, Replenish Nutrients Ltd. (“Replenish”) has released the 2021 annual financial statements & MD&A for the period ending December 31, 2021. On a consolidated basis, the total annual revenue of EarthRenew was $12.3 million. On a proforma basis the consolidated revenue with the acquisition of Replenish would have been $15.2 million representing an approximate doubling of fertilizer sales from the previous year (on a combined basis). EarthRenew is reporting $7.7 million in revenues for the fourth quarter of 2021, generating a gross margin of $2.2 million or 29% and an overall...

Peak Bancorp, Inc. Announces 1st Quarter 2022 Results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

MCCALL, Idaho, May 02, 2022 (GLOBE NEWSWIRE) — Peak Bancorp, Inc., (the Company) (OTC: IDFB), the holding company for Idaho First Bank (the Bank), today announced unaudited financial results for the first quarter ended March 31, 2022. The Company recognized after-tax net income of $617,000 in the first quarter of 2022. First quarter net income was impacted by $165,000 of one-time merger related expenses. Book value per share increased to $7.90 per share at the end of the quarter, compared to $7.20 at March 31, 2021. Chairman Mark Miller noted, “Our first quarter results reflect the continued focus of our team working to expand the presence of the bank in every market we serve.” The Company’s loan portfolio ended the period at $411 million, which included $16 million in Paycheck Protection Program (PPP) loans. This represented growth...

Wesana Health Reports Q4 2021 Financial Results and Provides Subsequent Period Highlights

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

CHICAGO and TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Wesana Health Holdings Inc. (“Wesana” or the “Company”) (CSE: WESA; OTCQB: WSNAF), a data-driven life sciences company focused on developing the novel therapies of tomorrow and delivering new care paradigms today, has today announced its fourth quarter and full-year 2021 financial results. Q4 2021 Highlights and Subsequent EventsExploring broadening SANA-013’s lead indication to treat Major Depressive Disorder (“MDD”) Delivered findings indicating that psilocybin potentiates the impact of an anti-depressant Received positive feedback from pre-IND meeting with FDA on SANA-013 Reported positive findings from animal study on novel depression treatment protocol combining psilocybin and cannabidiol Appointed Meghna A. Gaeta as Chief Marketing Officer Completed filing of Patent...

The Limestone Boat Company Announces Fourth Quarter and Fiscal Year 2021 Financial Results

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

With continued growth in unit sales, revenue, and margins, Limestone expects 2022 to be a transformative year given its order backlog and market demand COLLINGWOOD, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — The Limestone Boat Company Limited (“Limestone” or the “Company”) (TSXV: BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – today reports its financial results for the fourth quarter and fiscal year ended December 31, 2021, (“FY 2021”). All dollar amounts are in Canadian dollars unless otherwise noted. The Company’s complete Financial Statements and Management Discussion and Analysis for the fourth quarter and twelve months ended December 31, 2021 are available at www.sedar.com or on the Company’s website at www.limestoneboatcompany.com. “2021 was a challenging year for Limestone. Initially launched...

CloudMD Reports Solid Performance with Fourth Quarter 2021 Financial Results; Revenue of $38.7 Million and Second Consecutive Quarter with Positive Adjusted EBITDA

Written by Customer Service on May 3, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 02, 2022 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a healthcare technology company revolutionizing the delivery of care, announced its financial results for the fourth quarter and year ended December 31, 2021. All financial information is presented in Canadian dollars unless otherwise indicated. “2021 was a year of momentum and growth, and we are pleased with our overall financial and operational performance. Our success can be attributed to our employees who executed on our growth framework through continuous improvement, operational excellence, customer diversification and innovation. We were able to deploy capital to drive long term value through numerous acquisitions, which expanded on our customer base and...

Kayne Anderson NextGen Energy & Infrastructure Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at April 30, 2022

Written by Customer Service on May 3, 2022. Posted in Public Companies.

HOUSTON, Texas, May 02, 2022 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of April 30, 2022. As of April 30, 2022, the Fund’s net assets were $468.7 million and its net asset value per share was $9.93. As of April 30, 2022, the Fund’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 475% and the Fund’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 364%. Kayne Anderson NextGen Energy & Infrastructure, Inc.Statement of Assets and LiabilitiesApril 30, 2022(Unaudited) (in...

Kayne Anderson Energy Infrastructure Fund Provides Unaudited Balance Sheet Information and Announces its Net Asset Value and Asset Coverage Ratios at April 30, 2022

Written by Customer Service on May 3, 2022. Posted in Public Companies.

HOUSTON, Texas, May 02, 2022 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) today provided a summary unaudited statement of assets and liabilities and announced its net asset value and asset coverage ratios under the Investment Company Act of 1940 (the “1940 Act”) as of April 30, 2022. As of April 30, 2022, the Company’s net assets were $1.4 billion, and its net asset value per share was $10.36. As of April 30, 2022, the Company’s asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 475% and the Company’s asset coverage ratio under the 1940 Act with respect to total leverage (debt and preferred stock) was 379%.Kayne Anderson Energy Infrastructure Fund, Inc.Statement of Assets and LiabilitiesApril 30, 2022(Unaudited) (in...

Day: May 3, 2022

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