Day: August 19, 2022

Landsnet’s interim financial statement for the January-June, 2022 period was published today.  Guðlaug Sigurðardóttir, CFO at Landsnet, says operations are stable and on schedule despite challenges in the supply chain.  “We are focussed on ensuring cost-effective and stable operations, essential to a key infrastructure company like Landsnet and its customers. We are proud of our performance and ability to deliver, despite the current upheaval in world markets and temporary energy shortages in Iceland during the spring months. Energy shortages caused a temporary increase in the tariff for transmission losses. Company operations were successful. Profit for the period is above expectations and can largely be attributed to increased income due to transmission losses. Landsnet expects to achieve a balance between income and expenses...

In note no. 4, on page no. 13 in the Group’s consolidated interim financial statements 30.06.2022 that were published on 18 August 2022, a table containing the performance of Group’s business segments for the first six months of the year is displayed. By mistake the figures for the net financial income for the business segments Asset Management and Commercial Banking were not correct. The correct figures are ISK 18,993 thousand for Asset Management and ISK 479,886 thousand for Commercial Banking. The correction has a corresponding effect on the net operating income and profit before tax for the business segments. The figures in the investor presentation were correct. The aforementioned correction does not have an effect on the Group’s income statement or its statement of financial position. Attached is a corrected version of the Group’s...

Q2 2022 versus Q2 2021 revenue growth of 273% 6-months 2022 versus 6-months 2021 revenue growth of 201% Loss from Operations decreased by 53% Q2 2022 versus Q2 2021 and by 20% for the 6-months 2022 versus 6-months 2021NEW YORK, Aug. 19, 2022 (GLOBE NEWSWIRE) — Mobiquity Technologies, Inc. (NASDAQ: MOBQ) (the “Company”), a leading provider of next-generation advertising technology, today announced financial results for the second quarter of 2022 and provided a business update. Business UpdateHomeGraph, CryptoGraph and Contextual Targeting paved the way for Mobiquity’s growth. Revenue growth shows signs of returning to Pre-Pandemic levels. Political, Crypto and Data verticals lead revenue growth. Higher margin product mix, Video/CTV revenue increased 350% Q2 2022 versus Q2 2021 and 300% for the 6-months 2022 versus 2021Dean...

Company reports revenues of $17.9 million, a 13% year-over-year increase IRVINE, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) — ToughBuilt Industries, Inc. (“ToughBuilt”) (NASDAQ: TBLT; TBLTW), today reported financial results for the second quarter ended June 30, 2022. The Company will discuss the results, and a business update, during the Company’s earnings conference call scheduled for 5:00 p.m. (ET) today. Second Quarter 2002 and Subsequent Financial Highlights:Revenues for the three months ended June 30, 2022, were approximately $17.9 million, an increase of 12.8% compared to the same period in 2021. The increase in revenue was primarily the result of expanded acceptance of ToughBuilt products. This was a result of recurring orders from existing customers and addition of new customers and new product launches. Operating...

SANTA ANA, Calif., Aug. 19, 2022 (GLOBE NEWSWIRE) — Unrivaled Brands, Inc. (OTCQX: UNRV) (“Unrivaled” or the “Company”), a multi-state vertically integrated company focused on the cannabis sector with operations in California and Oregon, yesterday reported its second quarter 2022 financial results for the quarter ended June 30, 2022. Financial UpdateDuring the three months ended June 30, 2022, the Company generated total revenue of $17.56 million composed of retail revenue of $10.95 million and cultivation/distribution revenue of $6.61 million. This compared to total revenue of $2.87 million for the quarter ended June 30, 2021, which included retail revenue of $2.32 million and cultivation/distribution revenue of $0.55 million. This was an increase of 511.0% in total revenue. The Company’s gross profit...