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Day: March 15, 2023

Currency Exchange International Announces 32% Increase in Revenue for the Three-Months Ended January 31, 2023 versus the Prior Year

TORONTO, March 15, 2023 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCBB: CURN), announces its financial results and Management’s Discussion and Analysis (“MD&A”) for the three-months ended January 31, 2023 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Group’s SEDAR profile at www.sedar.com. Randolph Pinna, CEO of the Group, stated, “The first quarter of 2023 demonstrated strong year-over-year growth as we continue to see increased demand for international travel. We are also seeing a return to more traditional seasonality in travel patterns, which historically has translated into Q1 being the weakest quarter and Q3 being the strongest as it relates to banknote revenue. We anticipate...

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CAPREIT Announces March 2023 Distribution

TORONTO, March 15, 2023 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its March 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The March distribution will be payable on April 17, 2023 to Unitholders of record on March 31, 2023. CAPREIT is Canada’s largest publicly traded provider of quality rental housing. As at December 31, 2022, CAPREIT owns or has interests in approximately 67,000 residential apartment suites, townhomes and manufactured home community sites well-located across Canada and the Netherlands, with approximately $17 billion of investment properties in Canada and Europe. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information...

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ERES REIT Declares March 2023 Monthly Distribution

TORONTO, March 15, 2023 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the March 2023 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “March Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on March 31, 2023, with payment on April 17, 2023. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01467 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

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RioCan Real Estate Investment Trust Announces March 2023 Distribution

TORONTO, March 15, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9 cents per unit for the month of March. The distribution will be payable on April 7, 2023 to unitholders of record as at March 31, 2023. About RioCanRioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at December 31, 2022, our portfolio is comprised of 193 properties with an aggregate net leasable area of approximately 33.6 million square feet (at RioCan’s interest) including office, residential rental and 10 development properties. To learn more about us, please visit www.riocan.com. CONTACT:...

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Peyto Exploration & Development Corp. Confirms Monthly Dividend for April 14, 2023

CALGARY, Alberta, March 15, 2023 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to March 2023 of $0.11 per common share is to be paid on April 14, 2023, for shareholders of record on March 31, 2023. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes a monthly report, which discusses various topics chosen by the President and CEO and includes estimates of monthly capital expenditures and production. For further information please contact: Jean-Paul LachancePresident and Chief...

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ArrowMark Financial Corp. Releases Month End Estimated Net Asset Value as of February 2023

DENVER, March 15, 2023 (GLOBE NEWSWIRE) — ArrowMark Financial Corp., (NASDAQ: BANX) (“ArrowMark Financial”), today announced that BANX’s estimated and unaudited Net Asset Value (“NAV”) as of February 28, 2023, was $21.12. This estimated NAV is not a comprehensive statement of our financial condition or results for the month ended February 28, 2023. About ArrowMark Financial Corp. ArrowMark Financial Corp. is an SEC registered non-diversified, closed-end fund listed on the NASDAQ Global Select Market under the symbol “BANX.” Its investment objective is to provide shareholders with current income. BANX pursues its objective by investing primarily in regulatory capital securities of financial institutions. BANX is managed by ArrowMark Asset Management, LLC. To learn more, visit ir.arrowmarkfinancialcorp.com, or contact...

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Nogin Announces Inspire Me! Home Decor Has Selected Its Commerce-as-a-Service Growth Solution

Inspire Me! Home Decor Taps Into Exponential Growth Opportunities With Nogin’s Cost-Effective Enterprise-Class Ecommerce Technology That Delivers the Flexibility and Scalability Required to Support Rapid Growth TUSTIN, Calif., March 15, 2023 (GLOBE NEWSWIRE) — Nogin (NASDAQ: NOGN), a leading provider of innovative Commerce-as-a-Service (“CaaS”), today announced that Inspire Me! Home Decor, a home décor lifestyle brand, has selected Nogin Intelligent Commerce and Shopify Plus as its platform to enable a more streamlined, ecommerce approach and create a world-class shopping experience. Inspire Me! Home Decor was founded in 2012 by Farah Merhi, who has experienced tremendous growth in her company’s customer base—growth which has been heavily driven by the team’s expertise in leveraging social media platforms to reach more than 10+...

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Legacy Housing Corporation Reports Full Year 2022 Financial Results

BEDFORD, Texas, March 15, 2023 (GLOBE NEWSWIRE) — Legacy Housing Corporation (the “Company” or “Legacy”, NASDAQ: LEGH) today announced its financial results for the full year end December 31, 2022. Financial Highlights for the Fiscal Year Ended December 31, 2022Net revenue for the year ended 2022 was $257.0 million, an increase of 30.1% from the year ended 2021. Income from operations for the year ended 2022 was $78.0 million, an increase of 32.4% from the year ended 2021. Net income for the year ended 2022 was $67.8 million, an increase of 35.9% from the year ended 2021. Basic earnings per share for the year ended 2022 was $2.78, an increase of 35.0% from the year ended 2021. Book value for year ended 2022 was $382.1 million, an increase of 23.5% from the year ended 2021. Book value per share for year ended 2022...

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Record Year for Savaria – Increased revenue and adjusted EBITDA

LAVAL, Québec, March 15, 2023 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), a global leader in the accessibility industry, is pleased to announce its results for fiscal 2022. Highlights – Fiscal 2022 compared to 2021Revenue was $789.1M, up $128.1M or 19.4%, due to organic growth of 12.7% originating from all segments and to 8.9% growth from acquisition partially offset by a negative foreign exchange impact of 2.2%; Gross profit was $254.4M, up $38.8M or 18.0%, representing 32.2% of revenue compared to 32.6% in 2021; Operating income was $63.9M, up $28.1M or 78.2%, representing 8.1% of revenue compared to 5.4% in 2021; Adjusted EBITDA* was $120.2M, up $20.0M or 19.9%; Adjusted EBITDA margin* stood at 15.2%, flat compared to 2021; Net earnings were $35.3M, or $0.55 per share on a diluted basis, compared to $11.5M...

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Inspirato Announces 2022 Results, CFO Succession Plan and Provides 2023 Guidance

DENVER, March 15, 2023 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced its 2022 fourth quarter and full-year financial and operating results and provided updated 2023 guidance. 2022 Fourth Quarter and Full-Year Highlights:Total Revenue. Total revenue of $87 million for the fourth quarter, representing 27% year-over-year growth and a 7% sequential decrease compared to the third quarter of 2022. Full-year 2022 revenue was $346 million, 47% year-over-year growth compared to $235 million in 2021. Subscription Base. Active Subscriptions of 16,100, including 3,600 Inspirato Pass subscriptions at year-end 2022, representing year-over-year increases of 8% and 19%, respectively, and sequential quarterly decreases of 1% and 7%, respectively. Strong...

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