EMGS reports second quarter 2022 results

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the second quarter of 2022 are attached. Highlights: * The Company recorded revenues of USD 6.9 million, down from USD 9.4 million in the second quarter of 2021 and up from USD 6.2 million in the first quarter of 2022. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.8 million, down from USD 4.6 million in the second quarter of 2021. * Free cash increased with USD 3.4 million during the quarter, to USD 11.6 million. * Atlantic Guardian time charter extended by one year to 20 October 2023. * Subsequent to the end of the second quarter 2022, EMGS announced that the Company secured USD 3.8 million in uplifts related to the existing multi-client library in Norway. The Company...

Global Warming Solutions, Inc. Plans to Take Aggressive Approach to Protect Shareholders by Combatting Naked Shorting of GWSO Shares With an Investigation to End Manipulation

Written by Customer Service on August 17, 2022. Posted in Public Companies.

Temecula, CA, Aug. 17, 2022 (GLOBE NEWSWIRE) — Global Warming Solutions, Inc., (OTC: GWSO), announced today that in light of the apparent consistent naked short selling of the Company’s shares, the Company has taken, and intends to take, certain actions in an attempt to protect the interests of our shareholders. A disturbing short-selling trend over the past several weeks is of deep concern to the management of GWSO as well as its current shareholders. Unknown market makers are shorting GWSO stock to a degree that strongly suggests market manipulation. Global Warming Solutions and its current shareholders are and have been harmed by the apparent market manipulation. Manipulation of the QB market should be of grave concern to the OTC and to FINRA as it affects the reliability and credibility of the OTC market as a whole. As a result:...

Proactive news headlines including Target, Silver Range Resources, Royal Helium, NorthWest Copper and Graphene Manufacturing Group

Written by Customer Service on August 17, 2022. Posted in Mergers And Acquisitions.

New York , Aug. 17, 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: Target reports bigger-than-expected 90% drop in quarterly earnings click here Belmont Resources JV partner Marquee Resources reports ‘wide mineralized envelope’ in final assay results from Lone Star copper-gold project click here SPYR says its GeoTraq subsidiary offers patent smart solutions for simple IoT problems click here Thunderbird Entertainment Group subsidiary Great Pacific Media appoints two new executives click here ACME Lithium reports promising sample results from drill hole at Clayton Valley lithium brine project in Nevada click here SinglePoint applauds Inflation Reduction Act of 2022 for climate change investment click...

Mark Wade named Bank of Texas CEO

Written by Customer Service on August 17, 2022. Posted in Public Companies.

Change comes as Norm Bagwell announces plan to transition to new role DALLAS, Aug. 17, 2022 (GLOBE NEWSWIRE) — Mark Wade has been named CEO for Bank of Texas as of Jan. 1, 2023. Wade will assume the role as long-time CEO Norm Bagwell transitions into a new part-time role after leading the Texas bank for more than 15 years. “Norm Bagwell has been an important part of our company since he joined us in 2008,” said Stacy Kymes, president and CEO BOK Financial. “We are thrilled that he will continue to play an important role in client development and employee recruiting talent in Texas as he transitions out of the CEO role. “We are extremely fortunate to have no shortage of leaders in the market, thanks in part to Norm’s leadership,” said Kymes. “Mark Wade is a champion for Bank of Texas. His commitment, tenacity and strategic approach...

Panacea awarded eight nutraceutical purchase orders as it expands its U.S. based softgel manufacturing services into the growing health, plant-based market

Written by Customer Service on August 17, 2022. Posted in Public Companies.

GOLDEN, Colo., Aug. 17, 2022 (GLOBE NEWSWIRE) — Panacea Life Sciences Holdings, Inc. (OTCQB: PLSH) (“Panacea” or the “Company”), a Colorado, USA-based cannabinoid research-focused company providing natural, non-habit-forming health and wellness products as an alternative to expensive pharmaceuticals and synthetic product offerings, announced today that the Company has expanded its softgel manufacturing expertise into the nutraceutical space and was quickly awarded eight purchase orders to fill what it believes to be a clear void in the industry. The aggregate value of the purchase orders is expected to generate approximately $500,000 in revenues for the Company in the remainder of the 2022 fiscal year. “As one of the few cGMP certified cannabinoid manufacturing facilities in the U.S., the launch of our vegan softgel capabilities...

Iceland Seafood International hf: Iceland Seafood’s results for 1H 2022 impacted by rapid and substantial cost increases in the period

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

Sales for 1H 2022: €238.4m, up 14% from 1H 2021 Net margin for 1H 2022: €17.3m, down €1.4m from 1H 2021 Normalised loss before tax in 1H 2022: €1.8m, down €6.5m from 1H 2021 Net loss for 1H 2022: €2.9m compared to €3.4m profit in 1H 2021 Basic earnings per share (EPS) for 1H 2022 were negative by €0.1054 cents per thousand shares compared to positive €0.1287 cents per thousand shares for 1H 2021 The operation of IS UK was loss making in the period, will take longer and cost more than previously estimated to stabilize the business Profitability in Ireland and at Ahumados Domínguez expected to be back to normal levels from Q3, after being severely impacted by sharp salmon price increases during 1H 2022 IS Ibérica performed well in the period, helped by strong market position in S-Europe Total assets of €284.4m at end of June, increased...

H1 results as expected – FY 2022 guidance range narrowed

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

Announcement no. 19-2022 17 August 2022 The Board of Directors of North Media A/S today approved the interim report for the second quarter 2022. H1 highlights H1 2022 results were in line with expectations. Consolidated revenue was up by 1% to DKK 508m. The Digital Services business (BoligPortal, Ofir and Bekey) reported combined growth of 16%. Revenue in Last Mile (FK Distribution) was down by 1%. Consolidated EBIT was DKK 100m, and the EBIT margin fell as expected, by 6.6 percentage points to 19.7%. The decline was due to higher costs of deliverers, transport, paper and packing, etc. in FK Distribution and growth initiatives in Digital Services. BoligPortal and Ofir both grew revenue to new record heights. Karman Connect (formerly Lead Supply), the 50%-owned associated company, delivered its best-ever performance and contributed DKK...

Nextensa NV/SA : Half-Year Financial Report 2022

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

HALF-YEAR FINANCIAL REPORT 2022 Regulated informationBrussels, 17 August 20225:40 PM CEST For the first half-year of the financial year 2022 we record the following key data: • The rental income increased by € 3.0 million compared to June last year and now amounts to € 33.2 million • The financial debt ratio has decreased from 48.56% at the end of 2021 to 46.31% on 30 June 2022, in line with the predefined plan • The occupancy rate increased and is now 90.30% compared to 89.09% at the end of 2021 • The extension of the Shopping center Knauf Schmiede welcomes its first shops • The Park Lane phase II project at Tour & Taxis has been launched with a successful reservation of 50% of the apartments of the first section • The construction works on The Emerald office building (7,000 m2) started on Cloche d’Or, a new urban district in the...

NearU Partners with Freeman Spogli & Co. for Next Phase of Growth

Written by Customer Service on August 17, 2022. Posted in Mergers And Acquisitions.

Charlotte, NC, Aug. 17, 2022 (GLOBE NEWSWIRE) — NearU Services (“NearU” or the “Company”), a founder-led premier home services platform company, today announced its partnership with Freeman Spogli & Co. (“Freeman Spogli”), a leading strategic growth investor in the consumer services industry. This partnership will enable NearU to expand into new markets across the United States through strategic acquisitions and partnerships, and to further strengthen its operational capabilities, including making additional investments in its team members, training, and technology. NearU’s Founder and CEO, Ashish Achlerkar, and the Company’s existing investor, SkyKnight Capital, L.P. (“SkyKnight”), will remain significant shareholders alongside Freeman Spogli. NearU’s existing management team will continue to lead the Company as it embarks...

The BANK of Greenland’s report for the first half of 2022

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

Result for the first half of 2022 The BANK of Greenland’s profit before tax amounts to DKK 45.8 mio. for the first half of 2022, compared to DKK 74.8 million for the first half of 2021. The profit after tax gives a return of 8.5% p.a. on opening equity after disbursement of dividend. The profit before value adjustments and write-downs is DKK 73.1 million compared to DKK 72.0 million for the previous year. Net interest and fee income amounts to TDKK 167,808 compared to TDKK 168,148 in 2021. In total, costs and depreciation amount to TDKK 97,769 compared to TDKK 98,317 in the first half of 2021. At the end of June 2022, value adjustments present a total capital loss of TDKK 25,195, compared to a capital gain of TDKK 5,115 for the same period in 2021. Write-downs on loans and guarantees were reduced by TDKK 219 from the first half of 2021...

Day: August 17, 2022

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