Month: August 2022

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BDGI) reported second quarter 2022 results today. All results are presented in U.S. dollars unless otherwise stated.2022 Second Quarter and Operational HighlightsRevenue in the second quarter was $144.2 million, up 30.6% from $110.4 million achieved in the second quarter of 2021. Gross profit margin in the second quarter improved to 24.8%, up from 19.2% achieved in the second quarter of 2021. Adjusted EBITDA in the second quarter improved to $25.9 million, up 120.2% from $11.8 million achieved in the second quarter of 2021. Adjusted EBITDA margin also improved in the quarter to 18.0%, up from 10.7% achieved in the second quarter of 2021. Consolidated revenue per truck per month (“RPT”)...

TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the quarter ended June 30, 2022. The Company’s condensed and consolidated interim financial results for the quarter ended June 30, 2022, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated. Second Quarter 2022 Highlights:Strengthened balance sheet – an improved net cash position with $47.9 million of cash on hand and $41.5 million in total interest-bearing debt outstanding; Consolidated...

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and six months ended June 30, 2022. The following press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and unaudited condensed consolidated interim financial statements and notes thereto as at June 30, 2022 (the “Financial Statements”). Readers should also refer to the “Forward-looking information & statements” legal advisory and the section regarding “Non-IFRS Measures and Ratios” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available on the SEDAR website at www.sedar.com, including...

(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated) VANCOUVER, British Columbia, Aug. 10, 2022 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) today reported its financial and operating results for the second quarter of 2022.        Second Quarter 2022 Highlights OperationalGold and silver production of 62,171 ounces and 1,652,895 ounces, respectively. An increase of 100% and a decrease of 13% respectively compared to the second quarter of 2021 (“Q2 2021”). Gold equivalent production of 96,7123 ounces. AISC 1 per ounce of gold sold of $1,151 for the Lindero Mine and $1,565 for the Yaramoko Mine. AISC 1,2 per silver equivalent ounce of payable silver sold of $15.41 and $18.19 for the San Jose Mine and Caylloma Mine, respectively. All mine...

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Enerflex Ltd. (“Enerflex” or the “Company”) (EFX–TSX) today reported its second quarter 2022 financial and operational results. “Enerflex delivered another strong quarter, continuing to generate momentum in our business as we recover from the low activity levels we experienced over the last two years,” explained Marc Rossiter, Enerflex’s President and Chief Executive Officer. “Today, we are seeing sustained strength across all regions and product lines and are diligently protecting our margins through prudent cost control and planning efforts.” “With our base business in an advantageous position, we are focused on progressing the acquisition of Exterran Corporation,” continued Mr. Rossiter. “Enerflex and Exterran...

ATLANTA, Aug. 10, 2022 (GLOBE NEWSWIRE) — Aveanna Healthcare Holdings, Inc. (NASDAQ: AVAH), a leading, diversified home care platform focused on providing care to medically complex, high-cost patient populations, today announced financial results for the three-month period ended July 2, 2022. Tony Strange, Chief Executive Officer, commented, “Despite continued challenges in the labor markets during the second quarter, including both shortages in workforce and ongoing inflationary wage pressures, we are optimistic about many aspects of our business, including reimbursement rate increases in our PDS segment during the second half of 2022 and ongoing opportunities to further solidify our relationships with our payor partners through value based pricing arrangements. The demand for our services has never been higher and we are confident...

Year-Over-Year Revenue Growth of 11% Powered by Multi-Year Partnership Renewals TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — OverActive Media (“OverActive” or the “Company”) (TSXV: OAM) (OTCQB: OAMCF), a global sports, media and entertainment company for today’s generation of fans, today released its second quarter results for the three-and six-month period ended June 30, 2022.Total revenues grew organically by 11% year-over-year driven by a 52% increase in Business Operations revenue due to higher sponsorship revenue. OverActive hosted 8,000 fans at Canada’s first-ever Call of Duty League tournament, Toronto Ultra Major III presented by Bell. A third-party transaction in the League of Legends European Championship (“LEC”) was completed at a reported valuation of $55 million (€34 million). This is significantly higher than the $12...

CALGARY, Alberta, Aug. 10, 2022 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the second quarter of the 2022 fiscal year. A 67% Operating Margin1,2 and a 31% Profit Margin3 in the quarter delivered a 12% Return on Capital4 and a 17% Return on Equity4, on a trailing twelve-month basis. Highlights for the quarter included:Funds from operations5 per share up 142%. Generated record $206 million in Funds from Operations (“FFO”) in Q2 2022 ($1.21/share), up from $82 million in Q2 2021 ($0.50/share) due to higher commodity price realizations combined with higher production, despite a $104 million realized hedging loss in the quarter. FFO in the quarter exceeded capital expenditures by $98 million. This represented a free cashflow...

Q2 2022 Revenue up 87% vs. Q2 2021, driven largely by the consolidation of Natura Market Strengthened leadership team with key additions and promotionsInitiating critical investments in expanded field team to support franchise partners to help drive operational excellence and improved profitabilityExpanding real estate, development and construction teams to accelerate progress of the planned development pipeline of over 100 locationsLaunched phase 1 of updated mobile app and loyalty program, with improved loyalty capabilitiesLaunching fall traffic driving initiatives intended for the current operating environment TORONTO, Aug. 10, 2022 (GLOBE NEWSWIRE) — Omnichannel health and wellness brand, Freshii Inc. (TSX: FRII) (“Freshii”, the “Company”, “us”, “our” or “we”), today announced financial results for the second quarter ended...