Day: August 29, 2022

Aequus Reports Second Quarter 2022 Financial Highlights and General Update

Aequus Reports Second Quarter 2022 Financial Highlights and General Update

VANCOUVER, British Columbia, Aug. 29, 2022 (GLOBE NEWSWIRE) — Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF) (“Aequus” or the “Company”), a specialty pharmaceutical company with a focus on developing, advancing, and promoting differentiated products, has hired Rabin Ramanjooloo as Director of Operations and today reported financial results for the quarter ended June 30, 2022 (“Second Quarter 2022”) and associated Company developments. Unless otherwise noted, all figures are in Canadian currency. “We are excited to welcome Rabin Ramanjooloo to executive team,” says Grant Larsen, Chief Commercial Officer for Aequus. “Mr. Ramanjooloo has an MBA from Athabasca University, international experience in sales, marketing and training in pharmaceuticals, and more recently, specialty eyecare in Canada. His proven sales and launch...

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Theralase Releases Q222 Interim Financial Statements

Theralase Releases Q222 Interim Financial Statements

TORONTO, Aug. 29, 2022 (GLOBE NEWSWIRE) — Theralase® Technologies Inc. (“Theralase” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light activated PhotoDynamic Compounds (“PDC”) and their associated drug formulations intended to safely and effectively destroy various cancers has released the Company’s unaudited 2Q2022 condensed interim consolidated Financial Statements (“Financial Statements”). Financial Highlights: For the six-month period ended June 30th: Audited Consolidated Statements of OperationsIn Canadian Dollars 2022   2021   % Change Revenue       Canada 426,990   384,154   11 % United States 125,452   32,656   284 % International 0   13,189   -100 % Total Revenue 552,442   429,999   28 %         Cost of Sales 271,656   230,370   18 % Gross...

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Robex: Q2 Operational Results Improving and Costs Under Control Despite Inflationist Environment

Robex: Q2 Operational Results Improving and Costs Under Control Despite Inflationist Environment

QUÉBEC CITY, Aug. 29, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex“, “the Group” or “the Company“) (TSXV: RBX) is pleased to publish their financial results for the second quarter ended June 30, 2022. All amounts are in Canadian dollars (CAD). Quarterly Corporate Summary Operations: The number of ounces produced was 12,185, a 9.5% increase compared to the same quarter last year. The operational improvements completed by our teams have allowed us to continue to optimize the Nampala plant’s processing capacity. The installation of the new trommel at the beginning of June made it possible to increase production by improving plant availability. In line with the new mine plan, the operational stripping ratio has slight decreased (4.1 compared to 4.8 for the same period in 2021), prompting...

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JOYY Reports Second Quarter 2022 Unaudited Financial Results

JOYY Reports Second Quarter 2022 Unaudited Financial Results

SINGAPORE, Aug. 30, 2022 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company,” formerly known as YY Inc.), a global video-based social media company, today announced its unaudited financial results for the second quarter of 2022. Second Quarter 2022 Financial Highlights1 Net revenues were US$596.1 million, compared to US$661.7 million in the corresponding period of 2021. Net income from continuing operations attributable to controlling interest of JOYY2 was US$18.7 million, compared to net loss of US$109.3 million in the corresponding period of 2021, primarily as a result of BIGO turning profits since the second quarter of 2021. Non-GAAP net income from continuing operations attributable to controlling interest and common shareholders of JOYY3 was US$51.5 million, compared to non-GAAP net loss of US$0.5 million in...

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The Limestone Boat Company Announces Second Quarter 2022 Results

The Limestone Boat Company Announces Second Quarter 2022 Results

Limestone continues to grow revenues and improve margins as it refines production and scales to meet market demand and orders from its Dealer Base COLLINGWOOD, Ontario, Aug. 29, 2022 (GLOBE NEWSWIRE) — The Limestone Boat Company Limited (“Limestone” or the “Company”) (TSXV: BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – today reports its financial results for the three and six months ended June 30, 2022 (“Q2” FY 2022). All dollar amounts are in Canadian dollars unless otherwise noted. The Company’s complete Financial Statements and Management’s Discussion and Analysis for the three and six months ended June 30, 2022 are available at www.sedar.com or on the Company’s website at www.limestoneboatcompany.com. The Limestone Boat Company has achieved improved Quarter over Quarter results in...

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Captor Capital Releases Unaudited Condensed Interim Consolidated Financial Statements for Quarter Ended June 30, 2022

Captor Capital Releases Unaudited Condensed Interim Consolidated Financial Statements for Quarter Ended June 30, 2022

Revenues $11,072,809, up 64% vs. June 2021 TORONTO, Aug. 29, 2022 (GLOBE NEWSWIRE) — Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMVA; STUGGART: NMVA), (“Captor” or the “Company”), is pleased to announce today the release of its Unaudited Condensed Interim Consolidated Financial Statements and MD&A for the three months ended June 30, 2022. In the quarter, revenues from the sale of cannabis at the Company’s California dispensary network were $11,072,809, with the Company recording a gross profit of $3,844,775. Revenues from cannabis sales were up $1,975,606 (22%) from the previous financial quarter. Financial Statement Highlights On a quarter-by-quarter basis, revenues continue to increase. During the three months ended June 30, 2022, the Company recorded revenues of $11,072,809 from the sale of cannabis at its retail dispensaries...

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Voxtur Announces Financial Results for Q2 2022 Ended June 30, 2022

Voxtur Announces Financial Results for Q2 2022 Ended June 30, 2022

Q2 2022 Highlights: Q2 2022 Revenue increased 111% over Q2 2021 Revenue YTD 2022 Revenue increase 143% over YTD 2021 Revenue Q2 2022 Gross Profit increased 53% over Q2 2021 YTD 2022 Gross Profit increased 72% over YTD 2021 TORONTO and TAMPA, Fla., Aug. 29, 2022 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three and six months ended June 30, 2022. The Company’s Unaudited Condensed Interim Consolidated Financial Statements for Q2 2022 and the related Management’s Discussion and Analysis (“MD&A”) are available at sedar.com and on the Company’s website. Voxtur’s...

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The Flowr Corporation Announces Second Quarter 2022 Results

The Flowr Corporation Announces Second Quarter 2022 Results

TORONTO, Aug. 29, 2022 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) announces its financial and operational results for the second quarter results for the period ended June 30, 2022. All financial information in this news release is reported in thousands of Canadian dollars and represents results from continuing operations, unless otherwise indicated. Selected highlights and financial results: Gross revenue for Q2 2022 was $3,289 compared to $2,406 in Q2 2021, an increase of 37%. Q2 2022 SG&A costs decreased 32% from Q2 2021 and costs of sales decreased of 71% over the same period, primarily as a result cost reduction measures the Company implemented in late 2021 and continued in 2022. Adjusted EBITDA was $(1,044) for Q2, 2022 compared to $(1,685) in Q2, 2021. Gross profit...

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Earth Alive Reports Q2 2022 Results

Earth Alive Reports Q2 2022 Results

MONTREAL, Aug. 29, 2022 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSXV: EAC – “Earth Alive” or the “Company”), a company that develops, manufactures and distributes state-of-the-art, environmentally-sound proprietary microbial solutions and products, announces today its consolidated financial statements for the second quarter ended June 30, 2022. All amounts are in Canadian dollars unless otherwise indicated. Highlights of the Second Quarter The Company closed a $6.1 million non-brokered private placement As of June 30, 2022, Earth Alive had net working capital of $9,139,152, an increase of $4,571,511 compared to December 31, 2021 Sales totalled $310,739 in Q2 2022 compared to $1,020,657 in Q2 2021 Total net loss of $953,800 compared to $453,530 in Q2 2021 Total operating expenses of $1,075,450 compared to $644,671...

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Pasinex Announces Second Quarter 2022 Financial Results

Pasinex Announces Second Quarter 2022 Financial Results

TORONTO, Aug. 29, 2022 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today reports the Company’s financial and operating results for the three and six months ended June 30, 2022. Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “We continued to move forward positively on many fronts including exceptional operating results at the Pinargozu mine and advancements on the exploration front at our Gunman Project in Nevada. We have met with MAPEG and the Ministry of Energy and Natural Resources. The meetings have been constructive and both agencies continue to work with Horzum AS and Pasinex Arama to arrive at a negotiated solution for the benefit of all.” Selected Quarterly Information                   Three Months Ended     Six Months Ended       June 30,     June...

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