Day: May 19, 2022

NEW YORK, May 19, 2022 (GLOBE NEWSWIRE) — 1847 Holdings LLC (OTCQB: EFSH) (“1847 Holdings”), a publicly traded holding company platform that combines the attractive attributes of private, lower-middle market businesses with the liquidity and transparency of a publicly traded company, today announced financial results for its first quarter ended March 31, 2022. Q1 HighlightsGenerated $12.1 million revenue, up 153% compared to Q1 2021 Declared second quarterly cash dividend in March 2022“An important component of the vision for 1847 Holdings is to share our success with our shareholders, and I am extremely pleased our continued performance has empowered us to declare our second quarterly cash dividend in March,” commented Ellery W. Roberts, CEO of 1847 Holdings. “With conditional approval to list our shares on the NYSE American...

SAN DIEGO, CA, May 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire  – Medical Marijuana, Inc. (OTC: MJNA) (the “Company”), the first-ever publicly traded cannabis company in the United States that launched the world’s first-ever cannabis-derived nutraceutical products, brands, and supply chain, announced today its financial results for the quarter ending March 31, 2022, and provided an overview of recent operational highlights. First Quarter 2022 Financial and Operational HighlightsGenerated $7.8 million in net revenue in the first quarter of 2022, a 24% increase when compared to the previous quarter; Net Cash Provided by Operating Activities was $.6 million, a substantial increase from the previous quarter; Gross profit for the period ending March 31, 2022, was $5.7 million with gross margins of 73%; Cash at the end of the...

OCOEE, FL, May 19, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — iCoreConnect, Inc. (OTCQB: ICCT), a market leading cloud-based, SaaS software and technology company focused on increasing workflow productivity and customer profitability through its enterprise platform of applications and services, announces its Q1 2022 quarterly results. iCoreConnect continues to build off its 2021 results delivering $2M of revenue for the quarter ended March 31, 2022 versus $0.7M for the comparative period of 2021, a 285% rate of growth. HighlightsAnnual Recurring Revenue:  $1.9MM from $0.6MM (317 % growth) Revenues:  $2.0MM from $0.7MM  (285% growth) Subscribers:  Increased subscribers by 14,000The continued penetration of the company’s SaaS software solutions contributed to the increase in Annual Recurring Revenues (ARR) growing to $1.9MM...

Full year unaudited adjusted EBITDA loss of USD$5,272,179 (2020: USD$8,728,709 loss) following 6 months unaudited loss of USD$3,915,136 to June 30, 2021 and closing Shareholders Equity of USD ($4,297,969) (2020: USD$4,052,073). Restructuring of the European operations in mid-2021 resulted in lower operating costs in the second half of the year and a smaller loss with a stronger execution record in the last 6 months. Audited accounts at the end of the month and AGM in June 2022.ZURICH, Switzerland, May 19, 2022 (GLOBE NEWSWIRE) — Ad hoc announcement pursuant to Art. 53 LR – Achiko AG (SIX: ACHI; OTCQB: ACHKF; ISIN CH0522213468) (“Achiko”, the “Company”) is pleased to report ahead of audited accounts to be presented later this month, the key unaudited financial results for the Company for the period ending December 31, 2021. After...

Revenues up 22% to $14.1 million; Adjusted EBITDA up 9% to $2.5 million BEVERLY, Mass. and TORONTO, May 19, 2022 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V:HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today reported financial and operational results for the quarter-ended March 31, 2022. HighlightsSales in USD increased 22% year over year to $14.1 million; sales in constant currency increased 26% Gross profit increased 17% year over year to $6.9 million Net income decreased 36% to $556 thousand Adjusted EBITDA increased 9% year over year to $2.5 million Organic growth was 8% for the quarter in constant currency; 4% as reported Cash flow from operations was $243 thousand for the quarter; total cash at...