Month: May 2024

Vow ASA: Vow receives payment for Early Production Line at VGM’s Hønefoss plant

Written by Customer Service on May 8, 2024. Posted in Public Companies.

Vow ASA (OSE: VOW) is pleased to note that its customer Vow Green Metals (VGM) today confirmed that it has secured lease financing with SpareBank 1 SR-Bank (SR-Bank) for its Early Production Line at Hønefoss. With the leasing arrangement confirmed, Vow will receive payment for its deliveries to the Early Production Line, and free up in excess of NOK 40 million in cash in the second quarter this year. Working capital will be reduced with a similar amount. As previously informed, the Early Production Line has the capacity to produce 2,500 tonnes of biocarbon per year. First biocarbon was produced in November 2023, and the plant is currently in the process of ramping up production.For more information, please contact: Henrik Badin, CEO, Vow ASATel: +47 90 78 98 25Email: henrik.badin@vowasa.com Tina Tønnessen, CFO, Vow ASATel: +47 406 39...

Taboola Q1 2024 Results Beat High End of Guidance; Reiterates 2024 Guidance and Expects Accelerating Growth Across All Key Metrics

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

Q1 2024 and FY 2024 Key HighlightsQ1 Financials – beat high end of guidance across all key metricsQ1 2024 Revenues $414M, Gross profit $109M, ex-TAC Gross Profit $139M, Net loss $26M, Non-GAAP Net Income $4M, Adj. EBITDA $23M, Free Cash Flow $27M Accelerating YoY growth: Revenues +26%, ex-TAC +20%, Adj. EBITDA +132%, FCF +140%2024 Guidance – expecting strong Q2 and FY 2024 YoY growth across all metricsQ2 guidance: $425M in Revenues (+28% YoY), $115M Gross profit (+18% YoY), $145M ex-TAC Gross Profit (+18% YoY), $25M+ Adj. EBITDA (+60% YoY)* 2024 accelerating growth: ~$2B in Revenues (+33% YoY), ~$545M Gross profit (+28% YoY), ~$670M ex-TAC Gross Profit (+24% YoY), $200M+ Adj. EBITDA (2x+ YoY), $100M+ FCF (~2x YoY)* Reiterating 2024 Adj. EBITDA $200M+ (30% margin) and $100M+...

Ingredion Completes Reorganization, Reports First Quarter Earnings Under New Segments and Raises Guidance

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

First quarter 2024 reported and adjusted EPS* were $3.23 and $2.08, an increase of 13% and decrease of 26%, respectively Completed sale of South Korea business, another step in reshaping the portfolio and redeploying assets Raising guidance for full-year reported EPS to be in the range of $10.35 to $11.00 and adjusted EPS to be in the range of $9.20 to $9.85 For the second quarter 2024, the Company expects operating income to be up low to mid-single-digitsWESTCHESTER, Ill., May 08, 2024 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to the food and beverage manufacturing industry, today reported results for the first quarter of 2024. The results, reported in accordance with U.S. generally accepted accounting principles (“GAAP”) for the first quarter of 2024 and 2023,...

Millicom (Tigo) Q1 2024 Earnings Release

Written by Customer Service on May 8, 2024. Posted in Public Companies.

Millicom (Tigo) Q1 2024 Earnings Release Luxembourg, May 8, 2024 – Millicom is pleased to announce its first quarter 2024 results. Please find below links to the Q1 2024 Earnings Release and IAS 34 Interim Condensed Consolidated Financial Statements. Highlights*Revenue grew 8.6% driven by Service revenue up 8.8%, due to stronger currencies and organic growth of 3.8%, up from 3.2% in Q4 attributable to large B2B contracts in Panama and a return to positive growth in Guatemala. Operating profit increased 70.6%, reflecting the revenue increase and a 3.4% decline in operating expenses, while EBITDA grew 24.5% (20.0% organically) despite $30 million of restructuring costs incurred in the period. Colombia EBITDA rose 50.3% (24.2% organically) with a record EBITDA margin of 36.5% despite an $18 million restructuring charge. Excluding this...

Topicus.com announces additional external part-time positions assumed by Robin van Poelje

Written by Customer Service on May 8, 2024. Posted in Public Companies.

TORONTO, May 08, 2024 (GLOBE NEWSWIRE) — Topicus.com Inc. (TSXV: TOI) today announced that Robin van Poelje has assumed the role of Chairman & CEO of Your.World on a part-time basis, to be made effective as of today, which role will be in addition to his current role as Chairman & CEO of Topicus.com. Your.World is a privately owned holding company for European online services companies with its head office located in Amsterdam, The Netherlands. Your.World is primarily composed of two operating companies, Your.Online (formerly known as Total Webhosting Solutions), and Total Specific Hosting. Mr. van Poelje has been serving in the role of Chairman of the board for both of these operating companies since their inception. Mr. van Poelje commented, “I would like to let Topicus shareholders know that my commitment to the success...

Turmalina Continues to Expand Mineralization in Epithermal vein Camp, Mobilizes Equipment

Written by Customer Service on May 8, 2024. Posted in Public Companies.

Figure 1:Regional view to the east showing the block of properties controlled by Turmalina Metals with the main targets already drilled and drill targets for next campaign (red stars).Figure 2:San Francisco project mining rights and the main prospects. Red stars show the targets to be drilled in the next campaign.Figure 3:Location of Veta Rica and other targets discussed in this press release: exploration over the past 12 months has discovered a large number of epithermal veins around the initial Veta Rica discovery.VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) — Turmalina Metals Corp. (“Turmalina”, or the “Company”; TBX-TSXV, TBXXF-OTCQX, 3RI-FSE) is pleased to provide an update on ongoing surface work at the Company’s 403 km2 San Francisco project located in the prolific mining province...

AirNet Announces Receipt of Nasdaq’s Determination to Grant Extension to Regain Compliance

Written by Customer Service on May 8, 2024. Posted in Public Companies.

BEIJING, May 08, 2024 (GLOBE NEWSWIRE) — AirNet Technology Inc., formerly known as AirMedia Group Inc. (“AirNet” or the “Company”) (Nasdaq: ANTE), today announced that it received a notification letter dated April 29, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”) notifying that Nasdaq has determined to grant the Company an extension to regain compliance with the Nasdaq Listing Rule 5550(b)(1) for continued listing (the “Rule”). As previously reported, on January 5, 2024, the Company received written notice from Nasdaq notifying the Company that, based on the Company’s stockholders’ equity as reported in the Company’s Form 6-K dated December 28, 2023, the Company did not meet the minimum stockholders’ equity requirement for continued listing due to its failure to maintain a minimum...

AdUX – Development within the board of directors

Written by Customer Service on May 8, 2024. Posted in Public Companies.

Press release DEVELOPMENT WITHIN THE BOARD OF DIRECTORS Paris, May 8th, 2024, 8:00 AM – AdUX, a specialist in digital advertising and user experience (Code ISIN FR0012821890 – ADUX) informs the public of the upcoming changes within its Board of Directors. AdUX informs its shareholders that Mr. Benjamin van de Vrie will be proposed as a member of the Azerion (EURONEXT:AZRN) Supervisory Board at its forthcoming AGM on 20th June 2024 and will step down from the AdUX Board of Directors following the ADUX Annual General Meeting to be held on 26th June 2024. Mr. Benjamin van de Vrie has been Chairman of the AdUX Board of Directors since April 2022 and has overseen an important phase in the company’s development. AdUX wishes to express its thanks to Mr. Benjamin van de Vrie for his valuable contribution to the company over this time. Following...

West Mining Corp. Announces Richard Lonsdale-Hands to the Advisory Board

Written by Customer Service on May 8, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) — WEST MINING CORP. (“WEST” OR THE “COMPANY”) (CSE: WEST) (OTC: WESMF) (FRA: 1HL) is pleased to announce the appointment of Richard Lonsdale-Hands to its advisory board. Mr. Lonsdale-Hands is a seasoned investor with over 50 years of experience in investment banking, resources and property management. He has held many significant roles of director, president, managing director and advisor with multiple small and large capitalization companies throughout his career. Mr. Lonsdale-Hands has managed funds for Robeco, ADIA, BMA, AMP, The Prudential Assurance Co PLC and many other institutional and private clients. He has held and currently holds a number of directorships in companies related to investments made by ADT, ADC, AASF and RFMJ, and has been a guest speaker on European...

Notice to convene the Annual General Meeting of Shareholders of Aktsiaselts Tallinna Vesi

Written by Customer Service on May 8, 2024. Posted in Earnings Releases And Operating Results.

The Management Board of AS TALLINNA VESI (registry code 10257326, Ädala 10, 10614 Tallinn) (hereinafter also “the Company”) announces that the Annual General Meeting of Shareholders of the Company will be held on Thursday, 30 May 2024 at 10:00 (UTC+3) in the Blue Auditorium at the Water Treatment Plant at Ülemiste (Address: Järvevana Road 3, Tallinn, Estonia). Registration of the shareholders wishing to participate in the Annual General Meeting in person, will start at 09:30 (UTC+3) on 30 May 2024 at the place of the General Meeting. Registration will end at 10:00 (UTC+3). We kindly ask shareholders and their representatives to arrive as early as necessary, considering the time required to register participants. The organizers of the meeting have the right not to take into account late requests to register and attend the meeting. The list...

Month: May 2024

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals