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Year: 2024

NewLake Capital Partners Reports Third Quarter 2024 Financial Results

Third Quarter 2024 Revenue Totaled $12.6 Million, an Increase of 9.3% Year-Over-Year Third Quarter 2024 Net Income Attributable to Common Stockholders Totaled $6.4 Million, Funds from Operations Totaled $10.3 Million, and Adjusted Funds from Operations Totaled $10.8 Million Conference Call and Webcast Scheduled for November 14, 2024, at 11 a.m. Eastern Time NEW CANAAN, Conn., Nov. 13, 2024 (GLOBE NEWSWIRE) — NewLake Capital Partners, Inc. (OCTQX: NLCP) (the “Company” or “NewLake”), a leading provider of real estate capital to state-licensed cannabis operators, today announced its financial results for the third quarter ended September 30, 2024. “The cannabis industry continues to move through a transformative period, and we are pleased to have delivered another solid quarter of results, declaring a third-quarter dividend of $0.43...

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Cheetah Net Supply Chain Service Inc. Announces Third Quarter 2024 Results and Provides Corporate Update

IRVINE, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) — Cheetah Net Supply Chain Service Inc. (“Cheetah” or the “Company”) (Nasdaq CM: CTNT), a provider of warehousing and logistics, today reported results for the quarter ended September 30, 2024 and provided a corporate update. Recent Highlights*On July 23, 2024, the Company relocated its headquarters from Charlotte, NC to Irvine, CA, in order to implement its business model transformation, be closer to the important Southern California market, take advantage of the region’s well-developed infrastructure and logistics networks, capitalize on the area’s large consumer presence, and gain access to California’s skilled labor force.On July 26, 2024, the Company closed a public offering of 404,979 shares of its Class A common stock at an offering price of $3.68 per share, pursuant to...

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EZCORP Reports Fourth Quarter and Full Year Fiscal 2024 Results

Record Q4 and Full Year Revenue & PLO AUSTIN, Texas, Nov. 13, 2024 (GLOBE NEWSWIRE) — EZCORP, Inc. (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, today announced results for its fourth quarter and full year ended September 30, 2024. Unless otherwise noted, all amounts in this release are in conformity with U.S. generally accepted accounting principles (“GAAP”) and comparisons shown are to the same period in the prior year. FOURTH QUARTER HIGHLIGHTSPawn loans outstanding (PLO) up 12% to $274.1 million. Net income was up $4.9 million to $15.2 million. On an adjusted basis1, net income increased 9%. Diluted earnings per share was $0.21, up from $0.15. On an adjusted basis1, diluted earnings per share increased 13% to $0.26. Total revenues increased 9% to $294.6 million, while...

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Ellsworth Growth and Income Fund Ltd. Declares Distribution of $0.14 per Share

RYE, N.Y., Nov. 13, 2024 (GLOBE NEWSWIRE) — The Board of Trustees of Ellsworth Growth and Income Fund Ltd. (NYSE American:ECF) (the “Fund”) declared a $0.14 per share cash distribution payable on December 30, 2024, to common shareholders of record on November 22, 2024. Shareholders who are not members of the Fund’s Automatic Dividend Investment Plan will be given the option to receive the distribution either in cash or in beneficial shares of the Fund. The distribution is taxable to shareholders whether or not they choose to receive cash. The expiration date of the option is December 13, 2024. Shareholders who do not make an election will receive the distribution in beneficial shares. The number of shares that holders will be entitled to receive under the share option will be determined on December 16, 2024, either on the basis...

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Element Reports Record Third Quarter Results, Raises Common Dividend, and Provides Full-Year 2025 Guidance

Amounts in US$ unless otherwise notedGenerates record quarterly net revenue of $280 million; an increase of 12% year-over-year led by double-digit growth across all revenues categoriesDelivers adjusted EPS of $0.29 and adjusted free cash flow per share of $0.36Raises common dividend by 8% from CAD$0.48 to CAD$0.52 per share annually and announces intention to renew Normal Course issuer Bid (“NCIB”)Completes acquisition of Autofleet, accelerating digital strategyGuides to net revenue growth of 6.5 to 8.5%, positive operating leverage, and high single- to low double-digit growth in each of adjusted operating income, adjusted EPS, and adjusted free cash flow per share in 2025TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly...

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Stardust Power Announces Q3 2024 Financial Results

GREENWICH, Conn., Nov. 13, 2024 (GLOBE NEWSWIRE) — Stardust Power Inc. (“Stardust Power” or the “Company”) (Nasdaq: SDST), an American developer of battery-grade lithium products, today announced its results for the third quarter ended September 30, 2024. Third Quarter Business Updates and Subsequent Events Operational highlights for the third quarter of 2024 include:Completion of the business combination with Global Partner Acquisition Corp II and subsequent listing on the Nasdaq Global Market (“Nasdaq”). Strengthened senior management team with the appointment of Paramita Das as Chief Strategy Officer and Senior Advisor to the Chief Executive Officer and Adam Johnson as Chief Commercial Officer. Selection of Primero USA to complete a Front-End Loading-3 (FEL-3) engineering design and cost study for the centrally located lithium...

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Flagship Communities Real Estate Investment Trust Announces Third Quarter 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its third quarter 2024 results. The financial results of the REIT are presented in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (the “IASB”). Results are shown in U.S. dollars, unless otherwise noted. Third Quarter 2024 Results:Rental revenue for the three months ended September 30, 2024 was $23.2 million, an increase of 27.9% compared to $18.2 million for the three months ended September 30, 2023 Same Community Revenue1 for the three months ended September 30, 2024 was $19.7 million, up 12.7% compared to $17.5...

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Dada Announces Unaudited Third Quarter 2024 Financial Results

SHANGHAI, China, Nov. 13, 2024 (GLOBE NEWSWIRE) — Dada Nexus Limited (NASDAQ: DADA, “Dada”, the “Company”, or “we”), China’s leading local on-demand retail and delivery platform, today announced its unaudited financial results for the third quarter ended September 30, 2024. “Our customer-centric high-quality growth strategy and effective execution delivered impressive results in the third quarter of 2024,” said Mr. Kevin Qing Guo, Chairman of the Board of Dada. “Driven by our commitment to providing quality products and instant delivery, JD NOW1 continued to build trust and mindshare among users. The year-on-year growth in both monthly transacting users2 and orders through the JD App maintained strong momentum, increasing by over 100% in the third quarter of 2024. Optimization to customer experience also fueled the growth in repeat...

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Mattr Announces Third Quarter 2024 Results

TORONTO, Nov. 13, 2024 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) reported today its operational and financial results for the three and nine months ended September 30, 2024. This press release should be read in conjunction with the Company’s management’s discussion and analysis (“MD&A”) and interim consolidated financial statements for the three and nine months ended September 30, 2024, which are available on the Company’s website at www.mattr.com and at www.sedarplus.ca. Highlights from the third quarter include:On a consolidated basis (including Continuing Operations and Discontinued Operations), Mattr reported revenue of $250 million, Net Income of $13 million, Adjusted EBITDA1 of $37 million, diluted Earnings Per Share (“EPS”) of $0.19 and diluted Adjusted EPS1 of $0.23 during the quarter....

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RGC Resources, Inc. Reports 2024 Earnings

ROANOKE, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) — RGC Resources, Inc. (Nasdaq: RGCO) announced consolidated Company earnings of $11,760,896, or $1.16 per share, for the fiscal year ended September 30, 2024, compared to $11,299,282, or $1.14 per share, for the fiscal year ended September 30, 2023. The increase reflected higher levels of earnings from the Company’s investment in the Mountain Valley Pipeline (“MVP”) due to more AFUDC in fiscal 2024 prior to the pipeline being placed in service in June 2024. The lower cost of natural gas in 2024 reduced bills to customers and revenues for the Company, despite inflationary costs leading to higher tariffs. Interest expense also increased primarily due to higher interest rates. Roanoke Gas continued investing in utility infrastructure to enhance system reliability and enable growth in customers...

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