Month: May 2023

SKEL fjárfestingafélag hf.: 1Q 2023 announcement

Written by Customer Service on May 11, 2023. Posted in Public Companies.

PERFORMANCE OF OPERATING COMPANIES AND LISTED SHARES IN 1Q 2023 The operating companies owned by SKEL are Skeljungur and Klettur – sala and þjónusta and subsidiaries, Orkan IS, Lyfjaval and Löður as well as Gallon. The operations of the abovementioned companies went well in the first quarter of 2023 and the combined EBITDA of the companies amounted to 973 million ISK according to their unaudited management accounts. For comparison, the estimated EBITDA of the companies for the first quarter was 547 million ISK. The result is therefore somewhat stronger than expected. The profit estimates of the companies were presented together with detailed assumptions regarding the valuation of the assets in SKEL’s annual accounts and investor presentation for the last year. Estimated EBITDA of the operating companies for the entire year...

WISeKey Semiconductors Segment SEALSQ Announces Q1 2023 Non-Audited Revenue of $7.2 Million, a 91% Year-Over-Year Increase

Written by Customer Service on May 11, 2023. Posted in Public Companies.

WISeKey Semiconductors Segment SEALSQ Announces Q1 2023 Non-Audited Revenue of $7.2 Million, a 91% Year-Over-Year Increase In Q1 2023, SEALSQ Launched its First Demonstrator of Quantum Resistant Technology, a New Generation of Quantum Resistant Algorithms Running on One of its Common Criteria EAL5+ Tamper Resistant Secure Arm Platforms Zurich and BVI – May 11, 2023: Ad-Hoc announcement pursuant to Article 53 of SIX Listing Rules – WISeKey International Holding Ltd (NASDAQ: WKEY / SIX: WIHN) (“WISeKey” or the “Company”), a leading Swiss cybersecurity and IoT company announces Q1 2023 unaudited revenues for its wholly owned semiconductors subsidiary WISeKey Semiconductors SAS which is the predecessor of SEALSQ Corp (“SEALSQ”) (www.sealsq.com). Q1 FY23 Highlights:Total revenue of $7.2 million, up 91% year-over-year. Experienced strong...

SFL – Invitation to Presentation of Q1 2023 Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

SFL Corporation Ltd. (“SFL” or the “Company”) (NYSE: SFL) plans to release its preliminary financial results for the first quarter of 2023 on Monday, May 15, 2023. SFL plans to host a conference call and webcast for all stakeholders and interested parties on Monday, May 15, 2023, at 10:00 AM (EST) / 4:00 PM (CET). Relevant material will be available from the Investor Relations section of the Company’s website at www.sflcorp.com on the same day. In order to listen to the conference call and presentation, you may do one of the following: A: See Live Conference Call WebcastVisit the Investor Relations section of the Company’s website at www.sflcorp.com and click on the link to “Webcast”, or access directly via the webcast link below. The webcast with slideshow will be played live from this platform: SFL Corporation...

Profit warning, inside information: UPM lowers its outlook due to slower recovery of deliveries in most businesses and rapid fall in pulp prices

Written by Customer Service on May 11, 2023. Posted in Public Companies.

UPM-Kymmene Corporation Stock Exchange Release (Inside information) 11 May 2023 at 19:30 EEST Profit warning, inside information: UPM lowers its outlook due to slower recovery of deliveries in most businesses and rapid fall in pulp prices UPM lowers its outlook for 2023. Comparable EBIT in H1 2023 is now expected to decrease from H1 2022. Full-year 2023 comparable EBIT is expected to decrease from 2022. Earlier, UPM expected comparable EBIT to increase in H1 2023 from H1 2022, and 2023 to be another year of strong financial performance. Destocking in the various product value chains has continued to hold back delivery volumes in most UPM’s businesses, resulting in slower recovery of volumes than earlier expected. In addition, chemical pulp prices have fallen faster than expected, towards estimated bottom-of-the-cycle price...

Green Shift Closes Acquisition of the 25% Interest in Pampa Litio S.A., a Private Hard Rock Lithium Exploration Company in Argentina

Written by Customer Service on May 11, 2023. Posted in Mergers And Acquisitions.

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) — Green Shift Commodities Ltd. (TSXV: GCOM) (OTCQB: GRCMF), (“Green Shift”, “GCOM” or the “Company”) is pleased to announce that it has closed the previously announced acquisition (the “Acquisition”) of a 25% interest in Pampa Litio S.A. (“Pampa Litio”) from New Peak Metals Limited (ASX: NPM). Pampa Litio is a private Argentinean company exploring for hard rock spodumene bearing pegmatites in the Pampean Ranges of Central Argentina. Terms of the Pampa Litio Acquisition Pursuant to the Acquisition, GCOM has acquired a 25% interest in Pampa Litio for a consideration comprised of CAD$150,000 in cash and 535,714 common shares of GCOM (the “Common Shares”) issued at a deemed price of $0.14 per share, which is the 7-day volume weighted average trading price of the Common Shares traded on the TSX...

Kvika banki hf.: Financial Results for Q1 2023 and Earnings Outlook for the Next Four Quarters

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

At a board meeting on 11 May 2023, the Board of Directors and the CEO approved the interim financial statements of the Kvika banki hf. (“Kvika”) group for the period 1 January to 31 March 2023. Highlights of the Interim Financial Statements for the First Three Months of 2023Pre-tax profit amounted to ISK 1,412 million Pre-tax return on tangible equity was 13.1% Earnings per share for the period were ISK 0.24 Total assets amounted to ISK 313 billion The group’s equity amounted to ISK 80 billion Dividend payment of ISK 1.9 billion approved by AGM in March The solvency ratio of the financial conglomerate was 1.34 and its capital adequacy ratio (CAR) for operations excluding insurance was 23.6% Total liquidity coverage ratio (LCR) was 327% Assets under management were ISK 466 billionA presentation for shareholders and market participants...

Specialized Education Services, Inc. Grows Educational Offerings in Illinois With Acquisition of NewHope Academy

Written by Customer Service on May 11, 2023. Posted in Mergers And Acquisitions.

SESI’s mission to support more students with special needs nationwide bolstered by the addition of Arlington Heights school PHILADELPHIA, May 11, 2023 (GLOBE NEWSWIRE) — Specialized Education Services, Inc. (SESI) today announced the acquisition of NewHope Academy (NHA), a special education school in Arlington Heights, Illinois, that serves those living with autism, emotional disabilities, specific learning disabilities, or other health impairments. The addition of NHA is part of SESI’s strategic growth plan, focusing on expanding its premier education services nationally to K-12 students who require extra academic and behavioral support. A critical element of that growth strategy, beyond working with local schools and districts to ensure all students that need special education services get the right level of quality supports,...

Verizon reports preliminary results of shareholder vote at 2023 annual meeting

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

SALT LAKE CITY, Utah, May 11, 2023 (GLOBE NEWSWIRE) — Verizon Communications Inc. (NYSE, Nasdaq: VZ) has announced preliminary results of the shareholder vote at its annual meeting, which was held today in Salt Lake City, Utah. Verizon’s shareholders elected each of Verizon’s 12 directors to a one-year term. Shareholders also voted in favor of three management proposals:Approved the compensation of the company’s named executive officers as described in the 2023 proxy statement; Agreed with the Board recommendation that future advisory votes on executive compensation be held annually; and Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm.All five shareholder proposals were defeated: report on government requests to remove content; prohibit political contributions;...

Track Group Reports 2nd Quarter Fiscal 2023 Financial Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

NAPERVILLE, Ill., May 11, 2023 (GLOBE NEWSWIRE) — Track Group, Inc. (OTCQX: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal quarter ended March 31, 2023 (“Q2 FY23”). In Q2 FY23, the Company posted (i) total revenue of $8.3 Million (“M”), a decrease of approximately 12% over total revenue of $9.5M for the quarter ended March 31, 2022 (“Q2 FY22”); (ii) Q2 FY23 operating loss of ($0.9M) compared to Q2 FY22 operating income of $0.0M; and (iii) net loss attributable to common shareholders of ($1.5M) in Q2 FY23 compared to a net income attributable to common shareholders of $0.5M in Q2 FY22. “While we celebrated a number of new contracts in Q2, the quarter ended March 31, 2023, was challenging as some of our larger programs, which increased use during the pandemic,...

Society Pass Inc (Nasdaq: SOPA) Reports Outsized Revenue Growth and Margin Expansion for 1Q 2023 Financial Results

Written by Customer Service on May 11, 2023. Posted in Earnings Releases And Operating Results.

Recognises 358% Year on Year Revenue Growth for 1Q 2023 Gross Margin Increases to 33.5% in 1Q 2023 from 25.5% in 4Q 2022 NEW YORK, NY, May 11, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Society Pass Inc. (Nasdaq: SOPA) (“SoPa”), Southeast Asia (SEA)’s next generation, data-driven, loyalty, fintech and e-commerce ecosystem, today announces unaudited financial results for first quarter ended 31 March 2023 and a filing of its 1Q 2023 Form 10-Q with the Securities and Exchange Commission (SEC). Click Here (on SEC website) to view 1Q 2023 Form 10-Q filing. Summary Points:• 1Q 2023 revenues grew 358% year on year (from $445,090 in 1Q 2022 to $2,042,580 in 1Q 2023). • 1Q 2023 digital advertising revenues totaled $1,283,774, up from $0 in 1Q 2022. • 1Q 2023 travel platform revenues totaled $486,707, up from $0 in 1Q 2022. • 1Q 2023 gross...

Month: May 2023

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