Day: August 15, 2022

Novo Reports Q2 2022 Financial Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) reports its financial results for the six-month period ended June 30, 2022. All amounts are expressed in Canadian dollars, unless otherwise noted. This news release should be read together with Novo’s management’s discussion and analysis (the “MD&A”) and condensed interim consolidated financial statements (the “Financial Statements”) for the six-month period ended June 30, 2022 (“H1 2022”) which are available under Novo’s profile on SEDAR (www.sedar.com). The three-month period ended June 30, 2022 is referred to as “Q2 2022” in this news release. Q2 2022 HighlightsRevenue of $29.7 million from the sale of 12,378 ounces of gold from the Company’s Beatons Creek gold...

FitLife Brands Announces Preliminary Second Quarter 2022 Results and Hiring of New CFO

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Omaha, Aug. 15, 2022 (GLOBE NEWSWIRE) — FitLife Brands Announces Preliminary Second Quarter 2022 Results and Hiring of New CFO OMAHA, NE – August 15, 2022 – FitLife Brands, Inc. (“FitLife” or the “Company”) (OTC PINK: FTLF), a provider of innovative and proprietary nutritional supplements for health-conscious consumers marketed under the brand names NDS Nutrition, PMD, SirenLabs, Nutrology, CoreActive, Metis Nutrition, iSatori, Energize, and BioGenetic Laboratories, today announced preliminary financial results for the three months ended June 30, 2022. The Company is providing the following preliminary update, not subject to any procedures by our independent registered public accounting firm, regarding its performance for the second quarter ended June 30, 2022 (unaudited):Total revenue is anticipated to be $7.9-8.1 million, of...

SAATI and IKONICS Sign Definitive Acquisition Agreement

Written by Customer Service on August 15, 2022. Posted in Mergers And Acquisitions.

DULUTH, Minn., Aug. 15, 2022 (GLOBE NEWSWIRE) — SAATI to acquire IKONICS businesses, reflects another step in SAATI’s growth strategy as pre-press global supplier for the screen printing market. SAATI S.p.A. (“SAATI”) today announced that SAATI ADVANCED CHEMICALS, LLC, a newly formed South Carolina limited liability company fully owned by SAATI’s USA subsidiary, SAATI Americas Corp., has entered into a definitive agreement to purchase substantially all of the assets of IKONICS Corporation (“IKONICS”) held in connection with its four business divisions: Chromaline Screen Print Products, IKONICS Imaging, IKONICS Industrial Inkjet Solutions and IKONICS Advanced Material Solutions. IKONICS is a subsidiary of Nasdaq-listed company TeraWulf Inc. following a business combination between the two companies that was completed in December...

Reunion Neuroscience Inc. (Formerly Field Trip Health Ltd.) Reports Fiscal First Quarter 2023 Financial Results, Completed Corporate Reorganization on August 11, 2022

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Completed corporate reorganization, separating the Field Trip Discovery and Field Trip Health divisions into two separate companies. Field Trip Discovery renamed Reunion Neuroscience Inc. (“Reunion” or the “Company”), and will remain listed on the NASDAQ Stock Market and Toronto Stock Exchange under new ticker symbol “REUN”. Field Trip Health renamed Field Trip Health & Wellness Ltd. (“Field Trip H&W”) and has received listing approval from the Toronto Stock Exchange Venture under new ticker symbol “FTHW”. First day of trading for both Reunion and Field Trip H&W is August 17, 2022. On July 21, 2022, announced successful first dosings in the Company’s Phase 1 Clinical Study of its first novel psychedelic molecule, RE104 (formerly FT-104), being conducted in Australia. At June 30, 2022, the Company had approximately $52.3...

SANUWAVE Health Reports Second Quarter 2022 Financial Results & Will Host Live Conference Call With Business Update

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Eden Prairie, MN, Aug. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — SANUWAVE Health, Inc. (OTCPK: SNWV), a leading provider of next-generation wound care products, reported financial results for their second quarter ending June 30, 2022, with the SEC on Friday, August 12, 2022. The Company will host a live conference call on Tuesday, August 16, 2022, at 12:30 (EDT) to provide a business update (Dial-in information below). Quarter Highlights:Over 50 systems placed to treat wounds 100% increase from the 25 systems placed in Q2 2021Over 40,000 wound treatments administeredUp from 31,000 treatments administered in Q2 2021Successfully completed MDSAP audit Company transitioned from Suwanee, GA to Eden Prairie, MN Became current on SEC filings Launched Cosmetic and Orthopedics verticals with initial sales in each“Our...

Eneti Inc. Announces Sale of Shareholding in Scorpio Tankers Inc.

Written by Customer Service on August 15, 2022. Posted in Mergers And Acquisitions.

MONACO, Aug. 15, 2022 (GLOBE NEWSWIRE) — Eneti Inc. (NYSE:NETI) (the “Company”) announced today that it sold its entire holding of 2,155,140 common shares in Scorpio Tankers Inc., a related party, for gross proceeds of approximately $83.3 million ($38.65 per share). As part of the transaction, Scorpio Tankers Inc. purchased approximately 1.3 million shares for approximately $50.0 million. About Eneti Inc. Eneti Inc. is a leading provider of installation and maintenance vessels to the offshore wind sector and has invested in the next generation of wind turbine installation vessels. The Company is listed on the New York Stock Exchange under the ticker symbol NETI. Additional information about the Company is available on the Company’s website: www.eneti-inc.com. Forward-Looking Statements Matters discussed in this press release...

Smart for Life Announces Q2 2022 Financial Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Revenue Increases 401.2% Year-Over-Year to $4.3 Million for the Second Quarter of 2022 Due to Successful Acquisition Strategy Gross Profit Margin Increases to 41.6% Versus 1.1% for the Same Period Last Year MIAMI, Aug. 15, 2022 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the health & wellness sector, marketing and manufacturing nutritional foods and supplements worldwide, today provided a business update and reported financial results for the second quarter ended June 30, 2022. “We continue to generate solid year-over-year growth with revenues increasing more than four-fold to $4.3 million for the second quarter of 2022,” stated Darren Minton, Chief Executive Officer of Smart for Life. “We also achieved a 512.7% year-over-year increase in revenue...

Creative Realities Reports Second Quarter 2022 Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Announces record revenue of $10.9 million Announces growth of annual recurring revenue to $14.5 million run-rate Reaffirms 2022 Revenue Guidance to Exceed $43 millionLOUISVILLE, Ky., Aug. 15, 2022 (GLOBE NEWSWIRE) — Creative Realities, Inc. (“Creative Realities,” “CRI,” or the “Company”) (NASDAQ: CREX, CREXW), a leading provider of digital signage solutions, announced its financial results for the three- and six-months ended June 30, 2022. Rick Mills, Chief Executive Officer, commented “I am pleased to report that the Company generated record revenue of $10.9 million for the second quarter of 2022, a $7.6 million, or 233%, improvement over the same period in 2021. Importantly, this represents a $4.7 million increase over the pro forma combination of Creative Realities and Reflect Systems in 2021, indicative of both organic and...

Dewmar International Announces the Public Availability of Its Disclosure Document and Its Financial Statement for the Quarter Ended June 30, 2022

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Dewmar International BMC Inc. announced today that its complete disclosure statements and financial reports for the quarter ended June 30, 2022 is available for download on its website. The file is not password protected and anyone can view the disclosure statements and financial statements by simply clicking on the download button. To view the complete reports, simply visit https://dewmarinternational.com and click on Financials on the top navigation row or click on the following link. https://dewmarinternational.com/financials This press release is not an offer to sell or a solicitation of an offer to buy securities. Donald Hunter, Chairman and Chief Executive Officer of Dewmar commented, “We are announcing this required information to be deemed to be providing...

Quipt Home Medical Reports Ongoing Operational Strength With Record Third Quarter Fiscal 2022 Financial Results

Written by Customer Service on August 15, 2022. Posted in Earnings Releases And Operating Results.

Posts Revenue Growth of 40% and Adjusted EBITDA Growth of 44% CINCINNATI, Aug. 15, 2022 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, today announced its third quarter fiscal 2022 financial results and operational highlights. These results pertain to the three-month period ended June 30, 2022 and are reported in U.S. Dollars. Financial Highlights:Revenue for Q3 2022 was $36.7 million compared to $26.2 million for Q3 2021, representing a 40% increase in revenue year-over-year. Compared to Q2 2022, the Company experienced very strong sequential organic growth of 2%.As of June 30, 2022, the Company’s backlog decreased to approximately 6,000 patients in the queue to be set up on sleep devices....

Day: August 15, 2022

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