Month: May 2023

First time in company history with a positive net income of $500k VANCOUVER, British Columbia, May 31, 2023 (GLOBE NEWSWIRE) — Alpha Metaverse Technologies Inc. (CSE: ALPA) (OTC Pink: APETF) (FSE: 9HN0) (“Alpha” or the “Company”) a technology company that focuses on metaverse, gaming and generative artificial intelligence (“AI”), is thrilled to announce its third quarter financial results. All financial information contained in this news release is unaudited and reported in CAD. Alpha has achieved remarkable financial performance, surpassing $830,000 in revenues for the three months ended March 31, 2023, and reaching $1.1 million for the nine months ended March 31, 2023. A significant contributor to the Company’s financial success is the successful acquisition of a large retail metaverse contract with a multinational brand. In...

Delivers 13% Annual Top-Line Growth Driven by Strong Results in Digital, Exceeds Full Fiscal Year Revenue Outlook Issues Fiscal 2024 Outlook, Including 4% to 8% Revenue Growth and 6% to 12% Adjusted EBITDA Growth NEW YORK, May 31, 2023 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced financial results for the fourth quarter and full year for fiscal 2023 ended March 31, 2023. Fiscal Year 2023 Highlights:Revenue of $122.3 million, increased 8% organically, or 13% including acquisitions year-over-yearMusic Publishing Revenue increased 9% year-over-year Recorded Music Revenue increased by 18% year-over-yearOperating Income of $21.1 million, an increase of 9% year-over-year OIBDA (“Operating Income Before Depreciation & Amortization”)...

Q1 2023 revenue increased 43% to $24.7 million with a 98% improvement in gross profit before biological asset adjustments to $10.9 million Q1 2023 operating expenses decreased $3.0 million from the previous quarter Expanded retail footprint with the opening of 14th California dispensary located in West Hollywood Conference call to be held today, May 31, 2023, at 8:30 a.m. ET SAN DIEGO and TORONTO, May 31, 2023 (GLOBE NEWSWIRE) — StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQX: STHZF), a California-focused, vertically integrated cannabis enterprise, today announced its financial results for the three-month period ended March 31, 2023 (“Q1 2023”), and provided additional business updates. The unaudited condensed interim consolidated financial statements for Q1 2023, as well as the corresponding management’s...

Total top-line non-GAAP Adjusted Revenue* for Q1 2023 increased 211% over Q1 2022, reaching C$4,167,670; total revenue for Q1 2023 increased 329% over Q1 2022, reaching C$2,631,817 VANCOUVER, British Columbia and LAS VEGAS, May 31, 2023 (GLOBE NEWSWIRE) — Hydreight Technologies Inc. (“Hydreight” or the “Company“) (TSXV: NURS)(FSE: SO6)(OTCQB: HYDTF) an on-demand home healthcare and wellness platform, is pleased to announce that the Company’s total top-line non-GAAP Adjusted Revenue* for Q1 2023 reached C$4,167,670 representing a growth rate of 211% over the Company’s Q1 2022 Adjusted Revenue* of C$1,339,818. “We are proud to report that we have continued on our growth trajectory throughout the first quarter of 2023, with momentum building in each area of the business,” said Shane Madden, CEO of Hydreight....

A diverse portfolio of 25 innovative companies from around the world (our founders come from: Ireland, Sri Lanka, Bulgaria, Australia, India, Brazil, the Middle East and North America) Sectors include: Digital Health, Artificial Intelligence (AI), Machine Learning (ML), Blockchain, Virtual & Augmented Reality (VR/AR), Gaming, Climate Tech Unaudited Net Asset Value (NAV) of approx. $79,462,849 as at May 29, 2023 Cash & liquid securities approx. $5,990,918 Owner-operated (15% Management Ownership) Victory Square subsidiary, Hydreight, achieved total top-line non-GAAP Adjusted Revenue for Q1 2023 reached $4,167,670 representing a growth rate of 211% over the Company’s Q1 2022 Adjusted Revenue of $1,339,818 Victory Square currently trades at an approx. 77% discount to its unaudited Net Asset Value (NAV)VANCOUVER, British Columbia,...