Day: April 3, 2023

Fresh Vine Wine Announces Full Year 2022 Financial Results, Net Revenue up 68%

Positioned to Accelerate Growth in “Better for You” Wine Category Among Top 20% U.S. Wineries by Case Volume Size in Under Two Years, Goal is to Reach the Top 5% Within One to Two years MINNEAPOLIS, April 03, 2023 (GLOBE NEWSWIRE) — Fresh Vine Wine, Inc. (NYSE American: VINE), the premier producer of premium lower carb, lower sugar, and lower calorie wines in the United States, today reported financial results for the fiscal year ending December 31, 2022, with full year revenue growth of 68% for fiscal 2022 over the 2021 period. Rick Nechio, Interim Chief Executive Officer of Fresh Vine Wine, said, “Fresh Vine Wine is growing year-over-year at a remarkable rate and leading the way in the fast-growing premium ‘Better for You’ wine category. This success has led national retailers to take notice of our “premiumization” of the category,...

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From Awareness to Action: Green Building Materials Market Rises to the Challenge

SkyQuest’s Green Building Materials market report is excellent insight for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford, USA,, April 03, 2023 (GLOBE NEWSWIRE) — The Green Building Materials market is projected to experience significant growth over the forecast period of (2022-2030) and is anticipated to reach a value of USD 564.7 billion with a CAGR of 6.8%. Several factors, including increased consumer awareness...

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Global Distributed Energy Resource Management System Market Size Worth USD 1.86 Billion, Globally, by 2030 at a CAGR of 18.3%

The global distributed energy resource management system market size is projected to reach USD 1.86 billion in 2030, at CAGR of 18.3% during the forecast period. The global distributed energy resource management system industry was valued at USD 0.49 billion in 2022. Pune, India, April 03, 2023 (GLOBE NEWSWIRE) — The global distributed energy resource management system market size was valued at USD 0.49 billion in 2022. The market is projected to grow from USD 0.57 billion in 2023 to USD 1.86 billion by 2030, exhibiting a CAGR of 18.3% during the forecast period. Software program called DERMS, or Distributed Energy Resource Management Systems, control and coordinate diverse Distributed Energy Resources (DERs). These DERs use many forms of energy, including solar, wind, and battery storage. The maintenance, control, analysis, demand...

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Reading International Reports Fourth Quarter and Full Year 2022 Results

Earnings Call Webcast to Discuss 2022 Fourth Quarter and Full Year Financial ResultsScheduled to Post to Corporate Website on Tuesday, April 4, 2023 NEW YORK, April 03, 2023 (GLOBE NEWSWIRE) — Reading International, Inc. (NASDAQ: RDI), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the fourth quarter and year ended December 31, 2022. President and Chief Executive Officer, Ellen Cotter said, “We are pleased to deliver another year in our progressive recovery from the COVID-19 pandemic with 2022 global Consolidated Total Revenues at $203.1 million, an increase of 46% compared to 2021, despite foreign exchange headwinds. Movies like Top Gun: Maverick, Avatar: The Way of Water and Spider-Man: No Way Home, each...

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Tandy Leather Factory Reports Fourth Quarter and Full Year 2022 Results

FORT WORTH, Texas, April 03, 2023 (GLOBE NEWSWIRE) — On March 31, 2023, Tandy Leather Factory, Inc. (Nasdaq: TLF) announced the Company’s financial results for the fourth quarter and full year 2022. Highlights from 2022: Revenues were $80.3 million, down 3% from 2021 Operating income of $1.4 million Net income of $1.2 million Gross margins of 57.9% Adjusted EBITDA* of $4.0 million Repurchased over 360,000 shares of common stock for a total of $1.8 million Ended year with $8.0 million of cash and cash equivalents Janet Carr, Chief Executive Officer of the Company, said, “In 2022 our sales declined 2.8% and gross profits declined 1.1% from a strong 2021, as consumer demand was inhibited by inflation and ongoing economic uncertainty, and moderated over stimulus-driven highs in 2021. Operating expenses increased by $0.4 million,...

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Genius Brands Announces 691% Increase in Revenue for 2022

Synergies From WOW and Other Acquisitions Driving Revenue Growth Secured Multi-Million Dollar Investment from TOHO International to Acquire 50% Ownership in Select Content and Consumer Products Advancing Rollout of “SHAQ’S GARAGE,” “BLUE ORIGIN SPACE RANGERS,” and “WOLFGANG PUCK’S SECRET CHEF ACADEMY,” Among Others Leveraging AI to Generate Significant Cost Efficiencies, Enhance Speed to Market and Expand Content Initiatives Operating Loss Decreases 31% and Net Loss Decreases 64% Strong Financial Position at Year-End 2022 with $139.5 Million in Current Assets, Working Capital of $28.6 Million and Total Stockholders’ Equity of $112.9 Million BEVERLY HILLS, Calif., April 03, 2023 (GLOBE NEWSWIRE) — Genius Brands International, Inc. (“Genius Brands”) (NASDAQ: GNUS), a global brand management company that creates and licenses multimedia...

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Nymox Provides Corporate Update

IRVINE, Calif., April 03, 2023 (GLOBE NEWSWIRE) — Nymox Pharmaceutical Corporation (NASDAQ: NYMX) (the “Company”) is pleased to provide a current update on the Company’s ongoing projects. The Company recently submitted its application for Marketing Authorization Application to the Danish authorities. The application to the Danish authorities was accepted for review in February and is under review at this time.  The Company now expects to be making a second new submission in the next 30-60 days. Further information will be provided when this milestone is reached, which is expected near-term in the 2nd quarter of this year. Dr. Paul Averback, CEO of Nymox, said “Management is quite pleased with the substantial progress the Company has made in this first quarter of 2023. We have had our first MAA accepted for review and...

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Global Electric Van Market Size Worth USD 127.07 Billion, Globally, by 2030 at a CAGR of 23.11%

The global electric van market size is projected to reach USD 127.07 billion in 2030, at CAGR of 23.11% during the forecast period. The global electric van industry was valued at USD 16.70 billion in 2022. Pune, India., April 03, 2023 (GLOBE NEWSWIRE) — The global electric van market size was valued at USD 16.70 billion in 2022. The market is projected to grow from USD 29.65 billion in 2023 to USD 127.07 billion by 2030, exhibiting a CAGR of 23.11% during the forecast period. The battery electric van uses the motor’s electric energy to drive itself; it doesn’t produce any exhaust. The electric vehicle is made up of a large lithium-ion battery pack and a powerful driving motor. Rising consumer demand and increasing commercial e-van adoption are propelling the market. The market will be driven by rising e-commerce and...

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Rovio Entertainment Corp.: Decisions of the Annual General Meeting and the organizing meeting of the Board of Directors of Rovio Entertainment Corporation

Rovio Entertainment Corporation           Stock Exchange Release          April 3, 2023 at 4:15 p.m. EEST Decisions of the Annual General Meeting of Rovio Entertainment Corporation The Annual General Meeting of Rovio Entertainment Corporation was held on April 3, 2023, beginning at 1.00 p.m. at Hanaholmen, at the address Hanasaarenranta 5, Espoo, Finland. The Annual General Meeting adopted all the proposals to the General Meeting by the Board of Directors and the Shareholders’ Nomination Board, approved the financial statements for the financial year 2022, approved the remuneration report for the company’s governing bodies and discharged the company’s management from liability. Use of the profit shown on the balance sheet and payment of dividend The Annual General Meeting decided, in accordance with the proposal of the Board of Directors,...

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Imperial Petroleum Announces the Full Repayment of its $23.2 Million Outstanding Loan with DNB ASA Bank

ATHENS, Greece, April 03, 2023 (GLOBE NEWSWIRE) — Imperial Petroleum Inc. (Nasdaq: IMPP) (the “Company”), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, announced today that the Company recently repaid early and in full the $23.2 million outstanding loan with DNB ASA Bank. This loan was secured with first priority mortgages against the product tankers Magic Wand, Clean Sanctuary and Clean Thrasher and against our Aframax tanker the Stealth Berana. Following this loan repayment Imperial Petroleum’s total debt is in the region of $45 million. The Company currently owns and operates a fleet of twelve vessels, eight of which are unencumbered. ABOUT IMPERIAL PETROLEUM INC. Imperial Petroleum Inc. is a ship-owning company providing petroleum products, crude oil and drybulk...

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