Month: March 2025

TMC Announces Fourth Quarter and Full Year 2024 Results

Written by Customer Service on March 27, 2025. Posted in Earnings Releases And Operating Results.

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...

Mobilicom Reports 2024 Year-End Financial Results: Record Revenues Up 45%

Written by Customer Service on March 27, 2025. Posted in Earnings Releases And Operating Results.

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...

BEN Reports Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on March 27, 2025. Posted in Earnings Releases And Operating Results.

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...

NextNRG Reports Strong Fourth Quarter and Full Year 2024 Financial Results

Written by Customer Service on March 27, 2025. Posted in Earnings Releases And Operating Results.

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,...

Abacus Global Management Reports Fourth Quarter and Full Year 2024 Results

Written by Customer Service on March 27, 2025. Posted in Earnings Releases And Operating Results.

– 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...

KULR Reports Record Fourth Quarter Revenue and Full-Year 2024 Financial Results

Written by Customer Service on March 27, 2025. Posted in Earnings Releases And Operating Results.

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...

Omega Flex, Inc. Announces Regular Quarterly Dividend for the First Quarter 2025

Written by Customer Service on March 27, 2025. Posted in Dividend Reports And Estimates.

EXTON, Pa., March 27, 2025 (GLOBE NEWSWIRE) — Omega Flex, Inc. (the “Company”) (NASDAQ: OFLX) today announced that the Board of Directors declared a regular quarterly dividend of $0.34 per share payable on April 22, 2025, to shareholders of record on April 10, 2025. In determining the amount of future regular quarterly dividends, the Board will review the cash needs of the Company, and based on results of operations, financial condition, capital expenditure plans, and consideration of possible acquisitions, as well as such other factors as the Board of Directors may consider relevant, determine on a quarterly basis the amount of a regular quarterly dividend. INFORMATION CONCERNING FORWARD-LOOKING STATEMENTS – This press release contains forward-looking statements, which are subject to inherent uncertainties which are difficult...

Tempest Reports Year End 2024 Financial Results and Provides Business Update

Written by Customer Service on March 27, 2025. Posted in Earnings Releases And Operating Results.

• Granted Both Orphan Drug & Fast Track designations for Amezalpat (TPST-1120) for the treatment of patients with Hepatocellular Carcinoma (HCC) • Announced Agreement with Roche to Support Advancement of Amezalpat Combination Therapy into First-Line HCC Pivotal Trial • Received FDA “Study May Proceed” letter for Phase 2 trial of TPST-1495 for the treatment of Familial Adenomatous Polyposis (FAP) BRISBANE, Calif., March 27, 2025 (GLOBE NEWSWIRE) — Tempest Therapeutics, Inc. (Nasdaq: TPST), a clinical-stage biotechnology company developing first-in-class1 targeted and immune-mediated therapeutics to fight cancer, today reported financial results for the year ended 2024 and provided a corporate update. “2024 was another year filled with significant progress and milestone achievements that position Tempest for a successful future,”...

Acuity Inc. Declares Quarterly Dividend

Written by Customer Service on March 27, 2025. Posted in Dividend Reports And Estimates.

Atlanta, March 27, 2025 (GLOBE NEWSWIRE) — Acuity Inc. (NYSE: AYI) will pay a quarterly dividend of 17 cents per share. The dividend is payable on May 1, 2025, to shareholders of record on April 18, 2025. About Acuity Acuity Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light and more things to come. Through our two business segments, Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS), we design, manufacture, and bring to market products and services that make a valuable difference in people’s lives. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and an audio, video and control platform. We focus on customer outcomes and drive growth and productivity...

Accolade Stockholders Approve Merger Between Accolade and Transcarent

Written by Customer Service on March 27, 2025. Posted in Mergers And Acquisitions.

SEATTLE, March 27, 2025 (GLOBE NEWSWIRE) — Accolade (NASDAQ:ACCD) announced that Accolade stockholders voted to approve the merger with Transcarent at the Accolade special meeting of stockholders (the “Special Meeting”) held earlier today. The final, certified voting results for the Special Meeting will be provided in a Form 8-K filed with the U.S. Securities and Exchange Commission. The transaction remains on track to be completed in the second quarter of calendar year 2025 and is subject to customary closing conditions, including the receipt of certain state regulatory approvals. Upon completion of the transaction, Accolade will become a privately held company and shares of Accolade common stock will no longer be listed on any public market. Advisors Evercore serves as the exclusive financial advisor to Transcarent and Wilson...

Month: March 2025

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