Day: March 27, 2025

Cost Reductions Resulted in 175bp Reduction of Total Expenses as a Percent of Net Revenue in 4Q’24 Outlook for Fiscal Year 2025 Emphasizes Growth in Operating Cash Flow CHICO, Calif., March 27, 2025 (GLOBE NEWSWIRE) — Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU) today reported financial results for the fourth quarter and fiscal year ended December 29, 2024 and issued its financial outlook for the fiscal year ending December 28, 2025. Crystal Landsem, CEO of Lulus, said: “In the fourth quarter, we delivered positive sales growth in our special occasion, bridesmaid, and bridal categories, reinforcing our strength in event dressing despite the seasonally slower sales period. These gains in our occasion dress categories were offset by continued softness in casual wear, which we are actively repositioning...

Company reports 2024 revenue of $17.6 million, net income of $2.5 million Company projects 2025 revenue of $30 – 35 million and an adjusted EBITDA margin of ~28% Conference call today at 5:00 pm ET to discuss results and guidance DENVER, March 27, 2025 (GLOBE NEWSWIRE) — Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced 2024 results and 2025 guidance. For the full year ending December 31, 2024 (unaudited)Revenue of $17.6 million, compared with $6.2 million in 2023 Acquisition Services revenue of $10.5 million versus nil in 2023 Value-added Data revenue of $3.1 million, compared with $1.9 million in 2023 Software and Solutions revenue of $4.0 million, compared with $4.3 million in 2023 23% adjusted EBITDA margin Net...

NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) — TMC the metals company Inc. (Nasdaq: TMC) (“TMC” or “the Company”), an explorer of the world’s largest undeveloped resource of critical metals for building infrastructure, power generation, transmission, and batteries, today provided a corporate update and fourth quarter and full year financial results for the period ended December 31, 2024. Q4 and FY 2024 Financial HighlightsCurrent liquidity available from our cash on hand and our credit facilities of approximately $43 million as of date of filing Borrowing capacity from our unsecured credit facilities decreased by $17.2 million as of date of filing:ERAS/Barron facility increased from $38 million to $44 million ($41.5 million available); and Allseas Group SA affiliate facility of $25 million was terminated by mutual agreement in...

Revenue momentum continues with robust gross margins, reduced operating expenses Major recent wins expected to drive growth include the addition of Mobilicom’s systems to the U.S. Department of Defense’s (DoD) Blue UAS Framework and its OS3 cybersecurity software platform for AI-Driven drones and robotics Strong cash position of $8.6 million with low average monthly net burn rate of $267K provides a long cash runway to support growth PALO ALTO, Calif., March 27, 2025 (GLOBE NEWSWIRE) — Mobilicom Limited (Nasdaq: MOB), a provider of cybersecurity and robust solutions for drones and robotics, today announced financial results for the twelve months ended December 31, 2024, as well as recent business and operational highlights. “2024 marked a major year for us in developing and launching the OS3 cybersecurity software solution, which...

WILMINGTON, Del., March 27, 2025 (GLOBE NEWSWIRE) — Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, today announced its financial results and key business highlights for the fourth quarter and full year ended December 31, 2024. “2024 was a defining year for BEN, as we accelerated our expansion in key sectors like automotive, media, and healthcare. In Q4, we successfully integrated our AI-powered solutions with Cox Automotive’s Dealer.com and formed strategic partnerships in Mexico and Europe, further strengthening our global presence,” said Paul Chang, CEO of Brand Engagement Network. “BEN’s innovation enables businesses to adopt safe, secure, turn-key AI solutions to drive efficiency in many aspects of operations in a scalable, cost-effective manner. As we look...

Stronger Revenue, Improved Margins, and Expanded Volumes — FY 2024 Revenue Increased 20% to $27.8 Million from $23.2 Million in 2023 —— FY 2024 Gross Profit Grew 64% to $2.3 Million, Up from $1.4 Million in 2023 — — Q4 2024 Revenue Increased 21% to $6.9 Million from $5.7 Million in Q4 2023 —— Q4 2024 Gross Profit Grew 97% to $652 Thousand, Up from $330 Thousand in Q4 2023 — Conference Call Scheduled March 31st at 4:30 PM ET MIAMI, March 27, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed, and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging, and on-demand mobile fuel delivery solutions— today reported financial results for the fourth quarter and fiscal year ended December 31, 2024,...

– Delivered Record Full Year Revenue and Growth While Executing on Strategic Acquisitions and Initiatives – – Fourth Quarter 2024 Total Revenue Grows 40% Year-over-Year to $33.2 Million – – Full-Year Policy Originations Grow 63% to 1,034 – – Initiating Full Year 2025 Outlook for Adjusted Net Income Between $70 and $78 Million – ORLANDO, Fla., March 27, 2025 (GLOBE NEWSWIRE) — Abacus Global Management (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today reported results for the fourth quarter ended December 31, 2024. “We concluded 2024 with another solid quarter of profitable growth and significant milestones, capping off a record year for Abacus. In addition to our strong financial results, we undertook meaningful strategic initiatives...

HOUSTON, March 27, 2025 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leader in advanced energy management platforms, today announced its financial results for the fourth quarter and full-year 2024. Fourth Quarter 2024 Financial Highlights:Revenue increased by 44% to $3.37 million from the same quarterly period of the prior year. Operating loss decreased by 29% to $3.54 million from the same quarterly period of the prior year. The Company had $29.83 million in cash as of December 31, 2024, compared to $1.19 million as of December 31, 2023. In addition, the Company had $20.28 million of Bitcoin holdings as of December 31, 2024, compared to none as of December 31, 2023. Gross margin was 64% in the quarter ended December 31, 2024, compared to 29% in the...