Month: March 2025

BEIJING, March 07, 2025 (GLOBE NEWSWIRE) — Wah Fu Education Group Limited (“Wah Fu” or the “Company”) (NASDAQ:WAFU), a provider of online education and exam preparation services, as well as related training materials and technology solutions for both institutions and individuals, today announced its unaudited financial results for the six months ended September 30, 2024. Financial Highlights for the Six Months Ended September 30, 2024    For the Six Months EndedSeptember 30,  ($’000, except per share data)   2024     2023     % Change  Revenue   $ 2,799     $ 3,648       (23.3 )%Gross profit   $ 1,572     $ 2,063       (23.8 )%Gross margin     56.1 %     56.6 %     (0.5 )pp(Loss) income from operations   $ (571 )   $ 273       (309.5 )%Operating (loss) profit margin     (20.4 )%     7.5 %     (27.9 )ppNet...

HAVERTOWN, Pa., March 07, 2025 (GLOBE NEWSWIRE) — AMREP Corporation (NYSE:AXR) today reported net income of $717,000, or $0.13 per diluted share, for its 2025 fiscal third quarter ended January 31, 2025 compared to net income of $92,000, or $0.02 per diluted share, for the same period of the prior year. For the first nine months of 2025, AMREP had net income of $8,823,000, or $1.64 per diluted share, compared to net income of $2,546,000, or $0.48 per diluted share, for the same period of 2024. Revenues were $7,520,000 and $38,516,000 for the third quarter and first nine months of 2025 and $12,689,000 and $31,833,000 for the third quarter and first nine months of 2024. More information about the Company’s financial performance may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with...

GRAND RAPIDS, Mich., March 07, 2025 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), one of the nation’s premier franchise restaurant operators, today reported financial results for the fourth quarter and fiscal year ended December 29, 2024. 2024 Fourth Quarter Highlights:Sales increased 0.5% to $168.7 million compared to sales of $167.9 million for the same period last year. Earnings (Loss) from Operations were $(0.1) million compared to $4.8 million for the same period last year.        Net Income increased 227% to $5.2 million compared to $1.6 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) increased 40.8% to $13.7 million compared to $9.7 million for the same period last year.2024 Full-Year Highlights:Sales were $668.8 million compared to $672.5 million last year. Earnings...

FARGO, N.D., March 07, 2025 (GLOBE NEWSWIRE) — NI Holdings, Inc. (“NI Holdings,” or the “Company,” NASDAQ: NODK) announced today results for the year ended December 31, 2024. Summary of Year-End 2024 Results(All comparisons vs. continuing operations for the year-end 2023, unless noted otherwise)Strong fourth quarter net income of $9.9 million, with 16.2% return on average equity. Fourth quarter combined ratio of 80.0%, up 1.3 pts compared to the prior year quarter, reflecting excellent underwriting results in our Private Passenger Auto and Home and Farm segments, partially offset by unfavorable prior year reserve development and further current year reserve strengthening in Non-Standard Auto. Combined ratio of 100.7% for full year 2024 versus 97.0% for the prior year, driven by unfavorable prior year reserve development in Non-Standard...