Day: August 15, 2022

ILUS Confirms Its Second Quarter of 2022 Results, Including a 553% Revenue Increase Over Its Previous Quarter, to $19,677,222

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 — ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. The company, which increased its revenue over the same quarter in 2021 by 588%, and by 553% over the first quarter of 2022, is confidently on track to exceed its annual run-rate revenue forecast. Highlights for the three months ended June 30th, 2022, are as follows:Revenue: $19,677,222.51 Net Profit: $1,132,322.21 EBITDA: $ 1,659,141.95 Assets: $55,308,410.82 Working Capital: $9,640,172.49Progress during the second quarter included ILUS acquiring the majority stake of the fully reporting OTCQB company, Wikisoft Corp. which then underwent a name and ticker change to Quality Industrial...

Professional Diversity Network, Inc. Announces Financial Results for the Quarter Ended June 30, 2022

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

CHICAGO, Aug. 15, 2022 (GLOBE NEWSWIRE) — Professional Diversity Network, Inc. (NASDAQ:IPDN), (“IPDN” or the “Company”), a global developer and operator of online and in-person networks that provides access to networking, training, educational and employment opportunities for diverse individuals, today announced its financial results for the quarter ended June 30, 2022. “While the challenges in current global economic conditions continue, we believe that there is still opportunity for all of our business lines to grow. We recently hired additional sales and customer service personnel for the PDN network, as well as bringing on Ms. Grace Reyes, former Board member of PDN, to consult with, and strengthen, the NAPW business line dedicated to women. Our RemoteMore business line continues to exceed budgeted revenue expectations,” said...

Ricky Sitomer, CEO of Star Jets International, Inc. (JETR), Announces All-time Record First Half 2022 Revenue of $9,300,000, a Year-over-Year Increase in Revenue of 86%

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

Star Jets International, Inc. (JETR), Announces All-time Record First Half 2022 Revenue of $9,300,000 Star Jets International, Inc. (OTCPink: JETR), a leading Private Jet Charter Company, announces that the Company booked an all-time record $3,800,000 for the second quarter ended June 30, 2022, a year-over-year increase of 59%. For the first half of 2022, the Company booked in excess of $9,300,000, a year-over-year increase of 89% – http://starjetsinternational.com/ and https://private-jet-charter-flight.com/NEW YORK, Aug. 15, 2022 (GLOBE NEWSWIRE) — Star Jets International, Inc. (OTCPink: JETR), a leading Private Jet Charter Company, announces that the Company booked an all-time record $3,800,000 for the second quarter ended June 30, 2022, a year-over-year increase of 59%. For the first half of 2022, the Company booked...

Proactive news headlines including Walmart, South Star Battery Metals, Outlook Therapeutics, Westwater Resources and AIM ImmunoTech

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

New York , Aug. 15, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Walmart expects top-line boost at expense of margins click here Harbor Custom Development hits record revenue in first half; to complete several multi-family projects by end 2022 click here Canaccord likes Silvercorp Metals ‘pure-play’ silver exposure, strong margins, healthy balance sheet and emerging organic growth click here Kontrol Technologies announces record 2Q revenue of $29.1M driven by its Kontrol platform click here MySize to license MySizeID to luxury British fashion brand Temperley London for online shopping app click here AIM ImmunoTech ends 2Q well-positioned to achieve multiple clinical and regulatory milestones click...

Nearly 60% of Renters saw Rent Increase in Past 12 Months

Written by Customer Service on August 15, 2022. Posted in Public Companies.

4 in 10 saw wage gains, one-third of those say raises won’t cover increased rent MCLEAN, Va., Aug. 15, 2022 (GLOBE NEWSWIRE) — Nearly 60% of renters say their rents increased in the past 12 months, with a ratio of nearly 1 in 3 seeing rent increases of 10% or more, according to a newly released Freddie Mac survey. Just 38% of renters saw their wages increase, and a third say their raise won’t cover their increased rent. Nearly 1 in 5 who experienced a rent increase say they are now extremely likely to miss a payment. “The surge in rents that took place over the last 12 months has created even greater housing uncertainty for the most vulnerable renters,” said Kevin Palmer, head of Freddie Mac Multifamily. “Our survey shows that the national housing affordability crisis is worsening, and that inflation is a key driver. Freddie Mac...

Permex Petroleum Provides Clarification on a Prior News Release issued August 8, 2022

Written by Customer Service on August 15, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) (“Permex” or the “Company”) is issuing this news release at the request of IIROC to clarify the Company’s news release dated August 8, 2022 wherein the Company announced that Nobel Capital Markets had initiated equity research coverage on the Company (the “Report”), sponsored by the Company. The Company wishes to clarify that the Company has agreed to pay Nobel Capital Markets US$50,000 per annum, paid on a quarterly basis. The Company made the first payment of US$12,500 in June 2022. The compensation does not include any options to purchase securities of the Company. Prior to making any investment decision, readers should conduct their own due diligence and seek advice from their advisor or an investment...

Nocera, Inc. Announces Closing of $6.58 Million Underwritten Public Offering

Written by Customer Service on August 15, 2022. Posted in Public Companies.

TAIPEI CITY, Taiwan, Aug. 15, 2022 (GLOBE NEWSWIRE) — Nocera, Inc. (NASDAQ: NCRA) (“Nocera” or “the Company”), a fully integrated sustainable seafood company with a focus on manufacturing and operating land-based Recirculatory Aquaculture Systems (RAS), today announced the closing of its underwritten public offering of 1,880,000 units, each unit consisted of one share of common stock (the “Common Stock”) and one warrant (the “Warrant”) to purchase two shares of Common Stock, at a public offering price of $3.50 per unit, for aggregate gross proceeds of $6.58 million, prior to deducting underwriting discounts, commissions, and other estimated offering expenses. The Common Stock and Warrants comprising the units were immediately separable and were issued separately. Each Warrant permits the holder to purchase two shares of common...

Baltic Horizon Fund publishes its NAV for July 2022

Written by Customer Service on August 15, 2022. Posted in Public Companies.

The net asset value (NAV) of Baltic Horizon Fund (the Fund) unit at end of July 2022 amounted to EUR 1.1130 per unit. Compared to the previous month, NAV per unit decreased by -0.76%. The total net asset value of the Fund decreased to EUR 133.2 million over the month. The NAV decrease was mainly affected by declared distribution to unitholders of EUR 1.6 million. Eliminating declared dividend distribution, the NAV increase from operating performance during the month would have been +0.40% compared to the previous month. The EPRA NRV as of 31 July 2022 was EUR 1.1955 per unit, corresponding to a decrease of -0.51% over the last month. Unaudited consolidated net rental income for July 2022 slightly decreased to EUR 1.4 million compared to last month (EUR 1.5 million in June 2022). In July 2022, the Fund’s recognized increase in rental...

Baltic Horizon Fund publishes its NAV for July 2022

Written by Customer Service on August 15, 2022. Posted in Public Companies.

IQST – iQSTEL Announces Q2 47% Revenue Increase To $23.70 Million: On Track To $90 Million 2022 Annual Revenue Forecast

Written by Customer Service on August 15, 2022. Posted in Public Companies.

New York, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) — iQSTEL, Inc. (OTCQX: IQST) today announced filing its Q2 financial report. The company realized a 47% increase in revenue to $23.70 million in Q2 compared to the same period in 2021. The company is approaching breakeven, posting a substantial bottom line improvement, reducing its net loss by 75% compared to the same period last year. Stockholder’s equity increased 162% to $9.04 million compared to Q2 2021 surpassing the Nasdaq minimum listing requirement.Summary Financials Q2 2021 vs Q2 2022Statements of Operations Q2 2021 Q2 2022 Variation DirectionRevenues (Million US$) 16.13 23.70 47% IncreaseGross Profit (Revenue %) 0.28% 3.57% 1192% IncreaseGross Profit (US$) 44,565 846,274 1799% IncreaseOperating Loss (US$) -1,164,602...

Day: August 15, 2022

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