Day: May 12, 2022

OSLO, Norway (12 May 2022) – TGS today reported interim financial results for Q1 2022. Total revenue amounted to USD 132 million in Q1 2022 versus USD 142 million in Q1 2021. EBITDA was USD 101 million, and the operating result was USD 34 million, compared to USD 119 million and USD 25 million, respectively, in Q1 2021. Percentage-of-completion (PoC) revenue (1) amounted to USD 114 million in Q1 2022, a significant increase from USD 75 million in Q1 2021. Free cash flow (2) amounted to USD 31 million in Q1 2022, compared to USD 86 million in Q1 2021. After shareholder distribution of USD 19 million, the cash balance totaled USD 215 million on 31 March 2022 versus USD 254 million a year earlier. The solid financial position allows TGS to maintain the quarterly dividend at USD 0.14 per share in Q2 2022. “We are very please about...

Kojamo plc Stock Exchange Release, 12 May 2022 at 8:00 a.m. EEST Kojamo plc’s Interim Report 1 January – 31 March 2022 Total revenue increased, the number of apartments exceeded 37,000 This is a summary of the January–March Interim Report, which is in its entirety attached to this release and can be downloaded from the company’s website at www.kojamo.fi/investors. Unless otherwise stated, the comparison figures in brackets refer to the corresponding period of the previous year. The figures in this Interim Report have not been audited. Summary of January–March 2022Total revenue increased by 2.4 per cent to EUR 99.5 (97.2) million Net rental income increased by 2.8 per cent to EUR 57.0 (55.5) million. Net rental income was 57.3 (57.0) per cent of total revenue Profit before taxes was EUR 62.9 (177.1) million. The profit includes EUR 27.9...

Corrections have been made to the consolidated statement of financial position. In Q1 2022 Inbank earned a net profit of 2.9 million euros. The quarterly profit grew by 15% compared to a year ago and return on equity was 14.8%.Inbank’s loan portfolio increased by 48% compared to Q1 2021 reaching 640 million euros.  The deposit portfolio grew by 50% and reached 677 million euros by the end of Q1. Total sales for Q1 was 125 million euros increasing 29% year-on-year. In terms of product segments, sales finance grew 22% year-on-year to 86 million euros, amounting to 68% of total sales. Personal loans increased by 70% to 15 million euros, while car financing increased in sales volume by 38% to 23 million euros. By the end of Q1, Inbank had 804,000 active contracts and over 4,700 active merchant partners.Priit Põldoja, Chairman...

Total Operational EBIT for the first quarter was NOK 1,262 million, 28.02 NOK per kg Total operational EBIT for Norway for the first quarter was NOK 1,201 million, 28.83 NOK per kg Farming segments in Norway deliver record high results, where in particular Fish Farming Northern Norway has strong results. Northern Norway has its third quarter in a row with low cost level and continues to deliver a strong result. Fish Farming Central Norway delivers positive cost development and continued strong operational performance. High salmon prices affecting price achievement from contracts within Sales & Industry, but underlying operations improving performance from previous quarters Icelandic operations with solid results due to strong price achievement, strong capacity utilization at harvest plant and stable cost level SalMar Aker Ocean,...

Reaffirms Fiscal Year 2022 Outlook LOS ANGELES, May 11, 2022 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Dave Inc. (Nasdaq: DAVE, DAVEW), please note the sixth bulletpoint under “First Quarter 2022 Highlights” should read “Adjusted EBITDA* of $(18.3) million, compared to $(8.0) million in the first quarter of 2021” instead of “Adjusted EBITDA* of $18.3 million, compared to $8.0 million in the first quarter of 2021”. The corrected release follows: Dave Inc. (Nasdaq: DAVE, DAVEW) (“Dave”), a banking app on a mission to build products that level the financial playing field, today reported its financial results for the first quarter ended March 31, 2022. “We experienced record Q1 2022 results, with 24% year over year revenue growth and 340,000 net new members added...