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Day: May 24, 2023

Volaris Group Strengthens Foodservice & Hospitality Vertical with Acquisition of HGEM

UK-Based guest experience technology firm joins Volaris-owned CaterTrax TORONTO and BATH, United Kingdom, May 24, 2023 (GLOBE NEWSWIRE) — Volaris Group (“Volaris”) today welcomes HGEM, an award-winning provider of Guest Experience Management solutions for the foodservice and hospitality industry. HGEM joins CaterTrax, a Volaris Group company. This deal further builds Volaris and CaterTrax’ leadership in the foodservice and hospitality sector and positions HGEM to benefit from the scale, industry knowledge, product portfolio and operational excellence found at CaterTrax. HGEM, founded in 2003, is a pioneer in the hospitality sector. Originally coining the terms ‘Guest Experience Management’ and ‘mystery dining’, the company’s mission is to empower the hospitality industry with the tools and services they need to establish...

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Modaxo Further Invests in Latin America with Acquisition of SS Telemática

TORONTO, May 24, 2023 (GLOBE NEWSWIRE) — Modaxo Inc. (“Modaxo”), a global technology organization focused on moving the world’s people, today announced the recent acquisition of SS Telemática (“Telemática”), a provider of telemetry solutions designed to reduce operating costs for transportation operators. Today’s announcement represents Modaxo’s fourth acquisition in the Latin American market as the company continues to invest in the region through acquisitions, product innovation, and people. Founded in 2013, SS Telemática has gained a solid reputation within Brazil for its solutions that provide insights into driver behavior. The company’s solutions monitor and alert operators to irregular driver actions and vehicle performance such as engine RPM, vehicle speed, and engine idle time. These alerts enable operators to proactively...

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America’s Car-Mart Reports Fourth Quarter Fiscal 2023 Earnings

ROGERS, Ark., May 24, 2023 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) (“we,” “Car-Mart” or the “Company”) today announced its operating results for the fourth quarter and fiscal year ended April 30, 2023. HighlightsRevenues of $388.3 million, up 12.2% vs. the prior year’s fourth quarter.Total retail unit sales increased 7.5% vs. the prior year’s fourth quarter. Same store retail unit sales increased 5.6% vs. the prior year’s fourth quarter. Sales volume productivity per store per month was 37.7 vs. 35.6 for the prior year’s fourth quarter.Gross profit per car sold was $6,354 compared to $6,5451 for the prior year’s fourth quarter. Inventory decreased $22.3 million during the fourth quarter and decreased $35.9 million (over 24.7%) from the end of the first quarter of fiscal 2023. Provision for credit losses...

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Ackroo Releases Q1 2023 Financial Results

Ackroo delivers 17% YoY revenue and 86% YoY adjusted EBITDA growth HAMILTON, Ontario, May 24, 2023 (GLOBE NEWSWIRE) — Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a loyalty marketing, payments and point-of-sale technology and services provider, has filed its financial results for the period ended March 31, 2023. The Company is pleased to report record quarterly revenues of $1,825,486 including $1,613,199 of subscription revenue. The results represent a 17% increase in total revenue and 19% increase in subscription revenue over the same period in 2022. The Company also achieved $451,424 of positive adjusted EBITDA during the quarter representing a year over year increase of 86% and equates to 25% of total revenues. The Company began normalizing and integrating its latest acquisition of Simpliconnect, divested of GGGolf,...

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Bright Green Announces First Quarter 2023 Financial Update and Milestone Progress

Bright Green has achieved several key milestones throughout the Quarter significantly advancing progress against its strategic plan, including a historic DEA Federal Registration and License Approval. Commencement of its fundamental capital raise of $500+ million utilizing the U.S. Citizen & Immigration Services EB-5 program, alongside the recently announced full acquisition of Alterola Biotech, showcases the Company’s significant progress against its strategic plan. Company has raised short-term working Capital of $5.26m to commence its operations as it looks to capitalize on its historic DEA Registration in Q2 2023 and beyond. GRANTS, N.M., May 24, 2023 (GLOBE NEWSWIRE) — Bright Green Corporation (Nasdaq: BGXX) (“Bright Green” or “the Company”), one of few companies selected by the U.S. government to grow, manufacture,...

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Azrieli Group Releases Q1/2023 Results

NOI in Q1 is up 15% year-over-year, totaling some NIS 525 million Same Property NOI in Q1 is up around 9% FFO (excluding senior housing) in Q1 is up 8% totaling some NIS 335 million. Total FFO is up 4% at around NIS 350 million Financial Highlights for Q1/2023NOI in Q1 totaled some NIS 525 million, up around 15% year-over-year. The increase mainly derives from the acquisition of Mall Hayam together with rent increases in malls, offices and data centers. Same Property NOI was up around 9% in Q1. FFO excluding senior housing totaled some NIS 335 million in Q1 compared with around NIS 310 million year-over-year, up some 8%. In Q1, the total FFO was approx. NIS 350 million, compared with around NIS 337 million year-over-year, up some 4%. Net profit attributable to the shareholders totaled approx. NIS 377 million in Q1 compared with around...

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Final terms for bonds to be listed 24th May 2023

To Nasdaq Copenhagen A/S                        24th May 2023                                        Announcement no. 51/2023 Final terms for bonds to be listed 24thMay 2023 On 24th May 2023, Jyske Realkredit A/S will be listing new Covered Bonds (SDO). Final terms for the bonds are attached to this announcement. The full prospectus for the Bond consist of the attached final terms and the previously disclosed ”Base Prospectus for the issue of Covered Bonds (SDO), Mortgage bonds (“RO”) and Mortgage Bonds (RO) and bonds issued pursuant to Section 15 of the Danish Mortgage-Credit Loans and Mortgage-Credit Bonds etc. Act (Section 15 Bonds).”, dated February 21st, 2023. Jyske Realkredit’s base prospectus is available on Jyske Realkredit’s home page jyskerealkredit.com Yours sincerely,Jyske Realkredit A/S www.jyskerealkredit.com Please observe...

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The future of fitness is personalised: EuropeActive and Deloitte report unveils opportunities for Agillic as a trusted partner in the health and fitness industry

The-European-Health-&-Fitness-Market-Report_PressRelease2  Agillic proudly announces its sponsorship of the highly anticipated European Health & Fitness Market Report 2023 by EuropeActive and Deloitte. This collaboration signifies Agillic’s commitment to supporting the health and fitness industry in achieving digitalisation, harnessing tech innovation, and effectively reaching its goals through personalised communication. The European health and fitness market has experienced a positive change in data collection and research, essential for the sector’s post-pandemic recovery. The latest market report highlights an increase in memberships from 56.2 million to 63.1 million (+12.3%) and a rise in the number of fitness clubs to 63,830. Total revenues have reached an impressive 28 billion Euros, with notable progress...

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The Sustainable Green Team, LTD. Enters into a Purchase Agreement to Increase HumiSoil® Production with an Additional 4 Million Cubic Yards

Orlando, FL, May 24, 2023 (GLOBE NEWSWIRE) — The Sustainable Green Team, LTD. (OTCQX: SGTM) (“SGTM” or the “Company”), a provider of environmentally conscious solutions in the arbor care, disposal, and recycling industries enters into a Purchase Agreement with New Earth Technologies PTE. LTD. (“New Earth”) to increase HumiSoil® production. The Purchase Agreement allows SGTM to obtain additional catalyst ingredients to manufacture HumiSoil® and other related products, enough to produce an additional 4 million cubic yards of HumiSoil®. New Earth has agreed to deliver the ingredients to SGTM’s west coast facility located in Forks, Washington. This arrangement also gives SGTM access to international markets for VRM Biologik products which are used to support food and water security programs globally. HumiSoil® is a humus rich soil...

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Quoin Pharmaceuticals Announces 50% Enrollment in Open Label Netherton Syndrome Clinical Trial

ASHBURN, Va., May 24, 2023 (GLOBE NEWSWIRE) — Quoin Pharmaceuticals Ltd. (NASDAQ: QNRX) (the “Company” or “Quoin”), a clinical stage, specialty pharmaceutical company focused on rare and orphan diseases, announces that its open label study evaluating QRX003 as a treatment for Netherton Syndrome has reached 50% enrollment. The company’s open label study is investigating the safety and efficacy of QRX003 topical lotion in Netherton Syndrome patients who are currently receiving off-label systemic therapy, primarily biologic therapy, and is being conducted under an open Investigational New Drug (IND). Quoin announced it had dosed the first patient in its clinical trial in March 2023 and has now dosed its fifth patient out of a total of 10 patients that are expected to participate in this single-arm study. Quoin Pharmaceuticals CEO,...

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