Day: November 16, 2022

Global Motorcycle Market Valuation to Reach $223 Billion By 2028 | 100 Million Motorcycles to Be Sold By 2035 | Honda Sold

Written by Customer Service on November 16, 2022. Posted in Mergers And Acquisitions.

Global motorcycle market size was valued at USD 119.33 billion in 2021, and it is expected to reach a value of USD 223 billion by 2028, at a CAGR of 8.4% over the forecast period (2022-2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — Global motorcycle market is growing at a healthy CAGR of 8.4% primarily due to increasing demand from developing countries, such as China and India. In addition, growth in traditional markets such as Europe and North America is also anticipated. SkyQuest study says that motorcycles will account for 16% of total worldwide vehicle sales by 2025. This is up from 13% in 2018. The main reasons for this growth are increasing demand from developing countries, along with growing interest in electric motorcycles. For instance, in the last 9 months, the global motorcycles production was recorded at 40.5...

Global Resin Market to Offer Revenue Opportunity of $732.96 Billion by 2028 | Asia Pacific to Generate More than 39% Revenue

Written by Customer Service on November 16, 2022. Posted in Mergers And Acquisitions.

Global resin market size was valued at USD 527.9 billion in 2021, and it is expected to reach a value of USD 732.96 billion by 2028, at a CAGR of 4.8% over the forecast period (2022–2028). Westford, USA, Nov. 16, 2022 (GLOBE NEWSWIRE) — There is a growing demand for resin market as a result of the increasing popularity of composite materials and other innovative uses. Composite materials are made up of multiple layers, and one of the most common layers is a resin. Resin has many properties that make it ideal for use in composites, such as its strength, heat resistance, flexibility, and ability to resist wear. This increase in demand for resin market has led to an increased production of resin by companies around the world. The two main types of resin are polyesters and polyurethanes. Polyesters are usually used in applications...

Troilus Announces Sale of Select Properties to Emerging Lithium Producer Sayona Mining Ltd. for C$40 Million, Retains 2% NSR Royalty; Additional C$4.8 Million Private Placement Investment

Written by Customer Service on November 16, 2022. Posted in Mergers And Acquisitions.

Figure 1 Transferred Claims & Excluded ClaimsNOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Nov. 16, 2022 (GLOBE NEWSWIRE) — Troilus Gold Corp. (“Troilus” or the “Company”, TSX: TLG; OTCQX: CHXMF) is pleased to announce that the Company has entered into a definitive agreement (the “Agreement”), pursuant to which Troilus has agreed to sell a package of 1,824 claims which represents an area of approximately 985 square kilometres (the “Transferred Claims”) to a subsidiary of Sayona Mining Limited (“Sayona”) by way of an asset sale (the “Sale”). The Transferred Claims do not include any of the claims on which Troilus has a current National Instrument 43-101 (“NI 43-101”) gold and copper resource estimate on which its Preliminary Economic Assessment (“PEA”) from August...

Variable Frequency Drive Market Size to Hit USD 32.31 Billion by 2029 | Exhibit a CAGR of 7.2%

Written by Customer Service on November 16, 2022. Posted in Mergers And Acquisitions.

According to Fortune Business Insights, the global variable frequency drive market was valued at USD 19.21 billion in 2021, and is projected to reach USD 32.31 billion by 2029, growing at CAGR of 7.2% from 2022 to 2029 Pune, India, Nov. 16, 2022 (GLOBE NEWSWIRE) — The global variable frequency drive market size is expected to grow from USD 19.87 billion in 2022 to USD 32.31 billion by 2029, exhibiting a CAGR of 7.2% during the forecast period. The increasing adoption of energy-optimized products such as variable frequency drive across several industrial applications globally to boost market growth, states Fortune Business Insights™, in its report titled “Variable frequency drive Market, 2022-2029.” According to our researchers, the fact that the technology aids to manage the operating pace to decrease energy consumption...

NearU Services Announces Partnership with Carolina Cool, Enhancing South Carolina Presence

Written by Customer Service on November 16, 2022. Posted in Mergers And Acquisitions.

Carolina Cool – HVAC, Plumbing, Electrical, Solar, Air Quality Carolina Cool has established an excellent reputation within the industry for performing very high-quality work and for doing so in an extremely competitive environment. The entire staff, be it plumbers, electricians, project managers, engineering, purchasing, service and repair, or management is made up of skilled people with many years of experience.Charlotte, NC, Nov. 16, 2022 (GLOBE NEWSWIRE) — NearU Services (“NearU”), a founder-led premier home services platform, today announced its partnership with Carolina Cool (“Carolina Cool” or the “Company”), a leading home services provider, located in Surfside Beach, South Carolina. Since its founding in 1985, Carolina Cool has quickly grown to become the top provider of HVAC, plumbing, electrical,...

LiveToBeHappy Reports Record Third Quarter 2022 Results; 2022 YTD Revenues Increase 129% YoY to $10.1 Million

Written by Customer Service on November 16, 2022. Posted in Earnings Releases And Operating Results.

Most Profitable Quarter in Company History with Net Income of $0.6 Million; Expects 2023 Revenues to Increase to at Least $35 Million CHARLOTTE, N.C., Nov. 16, 2022 (GLOBE NEWSWIRE) — LiveToBeHappy, Inc. (OTC: CAVR) (“LTBH” or the “Company”), a vertically integrated lifestyle services company, today announced financial results for the third quarter ended September 30, 2022. Q3 2022 HighlightsRevenues of $4.8 million for Q3 2022, representing an increase of 1,010% year-over-year and 74% sequentially Revenues of $10.1 million for the nine months ended September 30, 2022, representing an increase of 129% year-over-year Net income of $0.6 million in Q3 2022, representing an increase of 132% in compared to Q2 2022 Reduced liabilities by 7% since December 31, 2021 Launched its commercial real estate and business brokage firm, Monument...

Otonomo Announces Third Quarter 2022 Results

Written by Customer Service on November 16, 2022. Posted in Earnings Releases And Operating Results.

HERZLIYA, Israel and SAN FRANCISCO, Nov. 16, 2022 (GLOBE NEWSWIRE) — Otonomo Technologies Ltd. (Nasdaq: OTMO), the platform powering the mobility economy, today announced its financial results for the quarter ended September 30, 2022. Third Quarter 2022 Financial Results:Revenue for the third quarter 2022 was $2.0 million compared to $0.2 million for the third quarter 2021. GAAP operating loss for the third quarter 2022 was $37.0 million, including an impairment charge of $26.3 million for writing off all Goodwill and Intangible assets related to acquisitions made in the past, compared to $0 million for the third quarter 2021. Non-GAAP operating loss* for the third quarter 2022 was $13.4 million compared to a non-GAAP operating loss of $9.1 million for the third quarter 2021. Cash and cash equivalents, short term investments,...

Innovative Food Holdings, Inc. Reports 2022 Third Quarter Financial Results and Record Third Quarter Sales

Written by Customer Service on November 16, 2022. Posted in Earnings Releases And Operating Results.

• Total revenue up 32% year-over-year to a third-quarter record of $20.1 million• igourmet B2B growth of over 300%, helped drive a 46% year-over-year increase in specialty foodservice revenue to a third quarter record• Increased scale and previously announced optimization and SG&A efficiency strategies drive third quarter profitability• $0.5 million of operating cash flow generated during the third quarter BONITA SPRINGS, Fla., Nov. 16, 2022 (GLOBE NEWSWIRE) — Innovative Food Holdings, Inc. (OTCQB: IVFH) (“IVFH” or the “Company”), a leading end-to-end DTC eCommerce platform and direct-to-chef online platform that provides high-quality, unique specialty foods through eCommerce offerings and multichannel partnerships, reported its financial results for the third quarter of 2022. “Positive trends across our business remained...

Radiodetection Ltd. (UK) and Guideline Geo (Sweden) are the Key Players in the Utility Locator Market [2022-2027]

Written by Customer Service on November 16, 2022. Posted in Dividend Reports And Estimates.

Chicago, Nov. 16, 2022 (GLOBE NEWSWIRE) — The report “Utility Locator Market by Technique (Electromagnetic Field, GPR), Offering (Equipment and Services), Target (Metallic Utilities and Non-Metallic Utilities), Vertical (Oil & Gas, Electricity, Transportation) and Region – Global Forecast to 2027″, The growth of the market is attributed to the concern for safety and protection of the underground utilities and benefits of utility locator over traditional technologies/ methods. “[194 Pages Report] According to MarketsandMarkets, the utility locator market is projected to grow from USD 833 million in 2022 to USD 1,109 million by 2027; it is expected to grow at a Compound Annual Growth Rate (CAGR) of 5.9% from 2022 to 2027.” Key players in the Utility Locator IndustryRadiodetection Ltd. (UK), Guideline Geo...

Vir Biotechnology Ranked the Fastest-Growing Company in North America on the 2022 Deloitte Technology Fast 500™

Written by Customer Service on November 16, 2022. Posted in Public Companies.

SAN FRANCISCO, Nov. 16, 2022 (GLOBE NEWSWIRE) — Vir Biotechnology, Inc. (Nasdaq: VIR) today announced it ranked first on the 2022 Deloitte Technology Fast 500™, a list of the fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America. The ranking was based on Vir’s revenue growth of 125,138% between fiscal years 2018 and 2021. This is the second year in a row that Vir has been ranked for substantial growth, landing at number 70 in 2021 for 2,383% growth in revenue. “Our number 1 ranking on the Deloitte Technology Fast 500 list reflects the dedication of our team and Vir’s executional success in bringing sotrovimab, a novel monoclonal antibody therapy, to millions of patients around the world in record time and in the midst of the COVID-19 pandemic,” said George...

Day: November 16, 2022

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