Day: August 12, 2022

Q1 FY2023 total revenue of $32.2 million grew by 42.6% compared to $22.6 million in Q1 FY2022 Recurring Revenue (1) grew by 59.1% from $16.4 in Q1 FY2022 to $26.0 million in Q1 FY2023MONTREAL, Aug. 11, 2022 (GLOBE NEWSWIRE) — mdf commerce inc. (the “Corporation”) (TSX:MDF), a SaaS leader in digital commerce technologies, reported Q1 FY2023 financial results for the three-month period ended June 30, 2022 (Q1 FY2023). Financial references are expressed in Canadian dollars unless otherwise indicated. “We continue to further leverage our leadership position in public eprocurement to capitalize on the sustained demand for digital transformation by government agencies of all levels across North America. We added 105 buying agencies and 38,000 suppliers on our platforms during the quarter. Our current focus is to accelerate pipeline...

Stronger Operating and Financial Results Year-to-date in 2022 and Continued Strength in European Power Prices Result in an Upward Revision to the Company’s Full-Year Financial Guidance TORONTO, Aug. 11, 2022 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three and six months ended June 30, 2022. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “Our financial and operating performance in the second quarter has been stronger than expected and as a result, we are revising our 2022 full year financial guidance upwards this quarter due largely to higher market prices in Europe and solid operational performance,” said Mike Crawley, Northland’s President and Chief Executive Officer. “Energy security is now a top...

TORONTO, Aug. 11, 2022 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management’s Discussion and Analysis report for the three and six months ended June 30, 2022, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. VitalHub’s Chief Executive Officer Dan Matlow commented, “The Company’s positive momentum has continued into the second quarter, as demonstrated by another record high revenue result. We continue to see steady upward progress across all our key indicators, with a healthy pipeline of new business and backlog of closed sales that have not yet begun recognizing revenue. Notably, we are experiencing strong organic growth...

TORONTO, Aug. 11, 2022 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended June 30, 2022. HighlightsOn June 22, 2022, the REIT acquired an 80% interest in land located in Hamilton, Ontario for $17.8 million. The REIT anticipates being able to develop an approximately 250,000 square foot class A industrial building on the site, with construction completion scheduled for late 2024. On July 11, 2022, the REIT acquired an approximately 94,000 square foot single-tenant industrial property located in St-Augustin-de-Desmaures, Quebec for $18.9 million. On July 18, 2022, the REIT acquired an 80% interest in land located in Hamilton, Ontario for $4.8 million. The REIT anticipates being able to develop an approximately 115,000 square foot class A industrial building on the...