Year: 2022

Trondheim, 11 November 2022: In the third quarter, NORBIT delivered revenues of NOK 269.7 million and an EBITDA result of NOK 47.2 million. Revenues grew by 35 per cent from the third quarter of 2021, and NORBIT is now increasing its full-year revenue target for 2022. “All business segments contributed to profitable revenue growth in the quarter, and we deliver the second highest quarterly revenues ever. For the year-to-date period, we have generated revenues of NOK 820.2 million, corresponding to 52 per cent growth from last year, and an EBITDA margin 21 per cent. We increase our full-year revenue target to exceed NOK 1.1. billion”, says Per Jørgen Weisethaunet, CEO of NORBIT. “Our ambition to deliver organic revenues of NOK 1.5 billion and an EBITDA margin above 25 per cent in 2024 stands firm, supported by some key drivers and strategic...

– – GN Store NordIn Q3 2022, GN delivered 24% revenue growth, while organic revenue growth was -1%, leading to revenue of DKK 4,701 million Adj. EBITA was DKK 548 million and free cash flow excl. M&A was DKK -217 million driven by positive free cash flows across GN Hearing and GN Audio, but off-set by negative cash flow in Other primarily due to timing of financial derivatives Adj. Leverage ended at 5.9x, reflecting a temporary inventory build-up, higher freight and material costs, the development in FX and cash flow seasonality On November 2, 2022, GN Store Nord revised the financial guidance for growth in adj. EPS as a consequence of the revised financial guidance for GN Audio– – GN HearingGN Hearing delivered revenue growth of 15% in Q3 2022, while organic revenue growth was 0%. The growth was driven...

VANCOUVER, British Columbia, Nov. 10, 2022 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company“) today announces the results for the third quarter ended September 30, 2022. (All amounts are in U.S. dollars unless otherwise stated) “Titan continued to build momentum in the third quarter with key metrics achieved in safety and production. While costs were up slightly and grade below budget for the period, continued development into Q4 will ensure a record year for ESM. Also, during the quarter ESM received key permits that will allow operations to expand mining in the Sphaleros area which will begin to benefit the operations in Q2/23.” said Don Taylor, President and Chief Executive Officer of Titan. Q3 2022 HIGHLIGHTS:Zinc production totaling 11.6 million payable pounds and sales of 12.6 million...

TORONTO, Nov. 10, 2022 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) announced today it has filed its Interim Condensed Consolidated Financial Statements and Management’s Discussion and Analysis report for the three and nine months ended September 30, 2022, with the Canadian securities authorities. These documents may be viewed under the Company’s profile at www.sedar.com. VitalHub’s Chief Executive Officer Dan Matlow commented, “Despite Q3 historically having been our seasonally weakest quarter, and notwithstanding the foreign currency headwinds associated with the British pound, Q3 2022 saw continued and consistent improvement across all of our key indicators, quarter over quarter. We continued to grow our organic annual recurring revenue by adding another $850K on a constant...

In a release issued under the same headline earlier today by AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), please note that the two mentions of September 31 should have read September 30. The corrected release follows: CARLSBAD, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a Fintech company powering commerce experiences, today announced results for the three months ended September 30, 2022. The financial statements and 10-Q are available on sec.gov. Third Quarter 2022 Financial HighlightsRevenue for the three months ended on September 30, 2022 was approximately $115 thousand versus $92 thousand for 3Q21. Cash balance as of September 30, 2022 was $5.9 million.Recent Business HighlightsUnveiled its new product platform, Commerse™ at Money20/20 USA. Cloud-based Commerce...

TORONTO, Nov. 10, 2022 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “our,” “we,” or the “Company”) announces its financial results for the three and nine months ended September 30, 2022. All amounts are stated in United States dollars, unless otherwise indicated. Business HighlightsSuccessfully launched our new retail fund in third quarter 2022 with a niche opportunistic investment strategy, named Opportunistic Credit Interval Fund (“OCIF”). Entered a strategic arrangement to provide sub-advisory services to a recently launched fund in the United States that provides credit-related investment opportunities to retail investors, further growing our asset management fee base. Closed on an additional reinsurance agreement of up to $100.0 million of premium of multi-year guaranteed annuities (“MYGA”) policies...