Year: 2023

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — Hempsana Holdings Ltd. (the “Company” or “Hempsana”) today announced financial results for the three and nine months period ended September 30, 2023. Randy Ko, Hempsana’s CEO commented: “This quarter was one of realignment and adjustment. The Company focused on improving its manufacturing capabilities and production processes. The new equipment that was acquired last quarter was put into production and we focused on getting our production team and processes aligned to operate the new equipment optimally. We also worked closely with our contract manufacturing customers to develop new products this quarter. We...

TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — BlueRush Inc. (“BlueRush” or the “Company“) ‎‎‎(TSXV:BTV; OTCQB:BTVRF), ‎a pioneering personalized video Software as a Service (“SaaS“) company, is excited to announce strong year end results and continued focus on platform innovation. The company’s innovative Software-as-a-Service (SaaS) platform, fueled by its personalized video technology, continues to drive growth, delivering superior customer engagement for businesses of all sizes. The Company’s financial statements and management’s discussion and analysis for the three months and year ended July 31, 2023 is available under the Company’s profile on SEDAR+ (www.sedarplus.ca). Financial Achievement Highlights:SaaS revenues increased 28%, growing to $2,977,795 from $2,330,737 for...

ROUYN-NORANDA, Quebec, Nov. 29, 2023 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces its results for the three months ended September 30, 2023. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. Highlights for the Quarter ended September 30, 2023Revenue of $255,000 for the quarter ended September 30, 2023, from the sale of waste rock at the Elder mine site. A net loss of $2,449,243, compared to a net income of $1,110,358 for the quarter ended September 30, 2022. Cash of $1,060,390, compared to $963,974 as of June 30, 2023. Working capital of the Company of $(5,069,466) compared to $(4,476,223) as of June 30, 2023. On July 12, the Company announced the appointment of Mr. Robert Gagnon, geologist, as vice-president of exploration...

Q3 2023 Revenue was $16.5 million, an increase of 97% over Q3 2022 Q3 2023 Gross Profit was $7.2 million, an increase of 121% over Q3 2022 Q3 2023 Income from Operations was $0.88 million, an increase of 148% over Q3 2022 Q3 2023 Adjusted EBITDA was $2.39 million1, a ten-fold over Q3 2022TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company the vertical intelligence (“VI”)) software and solutions company, today announces its financial results for the three and nine months ended September 30, 2023. “Our Q3 performance is a testament to the hard work and dedication from our global team in delivering market-leading data & AI solutions to our customers. In the quarter, we achieved very strong revenues of $16.5 million (+97% vs Q3 2022), record Gross Profits of $7.2...

SINGAPORE, Nov. 30, 2023 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company,” formerly known as YY Inc.), a global technology company, today announced its unaudited financial results for the third quarter of 2023. Third Quarter 2023 Financial Highlights1Net revenues were US$567.1 million, compared to US$586.7 million in the corresponding period of 2022. Net income attributable to controlling interest of JOYY2 was US$72.9 million, compared to US$515.3 million in the corresponding period of 2022. Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$81.2 million, compared to US$76.9 million in the corresponding period of 2022.Third Quarter 2023 Operational HighlightsAverage mobile MAUs of Bigo Live increased by 14.0% to 40.3 million from 35.4 million in the corresponding...

Net Loss of $5.8 million, the fourth consecutive quarter of profitability improvement Adjusted EBITDA1 of $0.05 million, Adjusted EBITDA positive a quarter ahead of guidance Revenue of $23.6 million, driven by 10% year over year organic growth on a normalized basis and $2.8 million in new ARR1 in the Health and Wellness division Gross margin above 35% for the fourth consecutive quarter Cash used in Operations of $3.5 million, Adjusted net cash used in operating activities1 $0.4 million, representing significant progress to cashflow breakeven $1.0 million in additional annualized savings identified in the quarterVANCOUVER, British Columbia, Nov. 29, 2023 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming...

Generates Solid Revenue of $25.5 Million and Gross Margins of 44.9% Continued Cultivation Improvements with yields up 28% per sq/ft compared to Q3 2022 STASH Loyalty Program Customers reaches over 286,000 Members Enrolled at Quarter End SAN DIEGO and TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today announced its financial results for the three-month (“Q3 2023”) and nine-month periods ended September 30, 2023, and provided additional business updates. The unaudited condensed interim consolidated financial statements for Q3 2023, as well as the corresponding management’s discussion and analysis are available for download from the Company’s investor website, statehouseholdings.com, and on...

Strong Order and Revenue Growth in Seasonally Strong H2 TORONTO, Nov. 29, 2023 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA) (OTCQB: CBUTF) announces its financial results for the quarter ended September 30, 2023 (“Q3 F2023”). A complete set of Financial Statements and Management’s Discussion & Analysis (“MD&A”) has been filed at www.sedarplus.ca. All dollar amounts are denominated in Canadian dollars. Q3 F2023 Financial Highlights:Revenue was $2,273,377, a 404% increase from $451,421 for the quarter ended September 30, 2022 (“Q3 2022”), and up 202% from $752,325 in the prior quarter (“Q2 2023”). Revenue was in-line with the Company’s October 5th, 2023 pre-announcement. Q3 revenue represents a record level of quarterly revenue since Q1 2021, notwithstanding the seasonality...

CALGARY, Alberta, Nov. 29, 2023 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company“) (TSX-V: EGT, OTCQB: EGTYF) today announced results for its third quarter ended September 30, 2023. The financial results for the third quarter ended September 30, 2023, continue to reflect the impact of soft consumer spending due to inflation and high-interest rates and the resulting high channel inventory position. These factors constrain Eguana’s sales into residential solar markets. The economic downturn in the solar industry globally, in early 2023, was not widely anticipated, and the Company has been managing through 2023 cautiously. Slow collection of the accounts receivable from the Company’s primary customer has constrained liquidity and is expected to continue to impact the Company’s short-term...