Day: May 1, 2025

Satisfactory profit leads to DKK 50 million upgrade of guidance for insurance service resultThe insurance service result for Q1 2025 was a profit of DKK 337 million (Q1 2024: DKK 291 million), corresponding to a combined ratio of 88.2 (Q1 2024: 89.3), driven in particular by sustained growth in Personal Lines, fewer weather-related claims and an improved expense ratio. The guidance for the full-year insurance service result is lifted by DKK 50 million to DKK 1.55-1.75 billion excluding the run-off result for Q2-Q4 2025. Insurance revenue grew at a satisfactory rate of 5.2% to DKK 2,858 million (Q1 2024: DKK 2,717 million), driven in particular by growth of 8.2% in Personal Lines. The undiscounted underlying claims experience improved by 0.7 of a percentage point to 65.2%, driven by a positive development in both Personal Lines and Commercial...

Record 2024 Topline¹ revenue of $22.32 million, up 31% from 2023 Record 2024 GAAP revenue of $16.04 million, up 39% from 2023 2024 Adjusted EBITDA¹ of +490K compared to ($1.38) million in 2023 2024 gross margin of $5.75 million, up from 8% from 2023 Q4 2024 Topline¹ revenue of $5.74 million, up 15% from Q4 2023 Q4 2024 GAAP revenue of $4.04 million, a 20% increase over Q4 2023 Q4 2024 gross margin of $1.37 million, compared to 1.57 million in Q4 2023 Met profitability milestone by achieving positive cash flow from operations in 2024 Audited Results Ranked #9 on Deloitte’s 2024 Technology Fast 50™ list of Canada’s fastest-growing companies Ranked #56 on Deloitte’s 2024 Technology Fast 500™ list of fastest-growing companies in North America Recognized as one of the TSX Venture Exchange’s 2024 Top 50 Companies Completed First...

Financial Restructuring in Q4 2024 successfully completed positioning company for strong 2025 TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) (FRANKFURT: OYA), the Smart Power Company, announces its financial results for fiscal 2024 (“F2024”). A complete set of Financial Statements and Management’s Discussion & Analysis (“MD&A”) has been filed at www.sedarplus.ca. All dollar amounts are denominated in Canadian dollars. F2024 Financial ResultsBookings increased to $5,071,105, an increase of 105%, when compared to $2,469,846 as of December 31, 2023, with delivery anticipated over the next three years. TFQ revenue was $2,758,295, a 49% decrease from $5,403,589 in F2023. TFQ recurring revenue was $759,261 a 2% increase from $747,148 in F2023. TFQ Gross Profit decreased...

All figures in $USD unless otherwise noted. TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three and twelve months ended December 31, 2024 and provide a Strategic Review update: STRATEGIC REVIEW UPDATE The board continues to work to dispose of its remaining Wholly Owned Assets and evaluate uses for the Trust. Senior management has had multiple discussions with a number of third parties as to the best path forward for the entity. Senior management and the board will report back to unitholders in due course. The Board will continue to assess matters on a quarterly basis and determine if the Trust should: (i) distribute excess income; (ii) distribute net proceeds from asset sales, after debt...

TORONTO, April 30, 2025 (GLOBE NEWSWIRE) — Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, today announced financial results for the fourth quarter and year ended December 31, 2024. All amounts expressed herein reflect Canadian dollars unless otherwise noted. FOURTH QUARTER FINANCIAL HIGHLIGHTSIFRS Revenue of $9.1 million, an increase of $2.3 million (33%) Year-over-Year (“YoY”). Gross Profit of $2.8 million, with a gross profit margin of 31%, an increase of $1.2 million YoY. Total comprehensive loss of $0.3 million during the quarter, increased by $1.4 million YoY. Total metal weight of 73 kilograms was sold during the quarter, consisting of 7,226 units of jewelry.2024 FISCAL YEAR FINANCIAL HIGHLIGHTSIFRS Annual Revenue of $25.8 million and Non-IFRS Adjusted Revenue of $30.5...