Month: May 2025

Titanium Transportation Group Reports 7.5% YoY Revenue Growth and Further Debt Reduction in Spite of Market Challenges

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

Consolidated revenue for Q1 2025 improved 7.5% year-over-year, to $121 million. Logistics revenue increased 17.6% year-over-year, driven by 9% volume growth, highlighting continued customer wins and the scalability of Titanium’s asset-light model. Strategic divestiture of non-core assets generated $1.7 million in proceeds, contributing to a stronger balance sheet with $10.7 million reduction in loans and lease liabilities, enhancing financial flexibility. Quarter-end cash totaled $18.3 million, up from $4.3 million at December 31, 2024. Expanded US logistics footprint to nine locations with new brokerage office in Irving, TX.BOLTON, Ontario, May 13, 2025 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and...

TWFG Announces First Quarter 2025 Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

THE WOODLANDS, Texas, May 13, 2025 (GLOBE NEWSWIRE) — – Total Revenues increased 16.6% for the quarter over the prior year period to $53.8 million –– Total Written Premium increased 15.5% for the quarter over the prior year period to $371.0 million –– Organic Revenue Growth Rate* of 14.3% for the quarter –– Net income of $6.9 million for the quarter –– Adjusted EBITDA* increased 35.3% for the quarter over the prior year period to $12.2 million – THE WOODLANDS, Texas, May 13, 2025 (GLOBE NEWSWIRE) – TWFG, Inc. (“TWFG”, the “Company” or “we”) (NASDAQ: TWFG), a high-growth insurance distribution company, today announced results for the first quarter ended March 31, 2025. First Quarter 2025 HighlightsTotal revenues for the quarter increased 16.6% to $53.8 million, compared to $46.1 million in the prior year period Commission income...

NanoXplore Reports Results for its Q3-2025

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

MONTREAL, May 13, 2025 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, reported today financial results for the three-month and nine-month periods ended March 31, 2025. All amounts in this press release are in Canadian dollars, unless otherwise stated. Key Financial Highlights Q3-2025Total revenues of $30,446,165 compared to $33,867,747 last year, representing a 10% decrease; Adjusted gross margin(1) on revenues from customers of 22.4% compared to 20.9% last year; Loss of $1,747,714 compared to $3,089,430 last year; Adjusted EBITDA(2) of $1,420,555 compared to $571,968 last year; Adjusted EBITDA(2) of $1,318,149 compared to $1,259,990 last year for the Advanced Materials, Plastics and Composite Products segment; Adjusted EBITDA(2) of $102,406...

Liberty Gold Reports Q1 2025 Financial and Operating Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the quarter ended March 31, 2025. All amounts are presented in United States dollars unless otherwise stated. FIRST QUARTER OF 2025 AND RECENT HIGHLIGHTSOn April 22, 2025, the Company closed a bought deal financing (the “2025 Bought Deal”)1, whereby the Underwriters purchased, on a bought-deal basis, 69,699,200 Common Shares, at a price of C$0.33 per Unit, for gross proceeds of C$23,000,736. Each Unit consists of one common share of the Company (“Common Share”) and one-half of one common share purchase warrant of the Company (each whole common share purchase warrant, a “Warrant”). Each Warrant entitles the...

Alico, Inc. Announces Financial Results for the Second Quarter Ended March 31, 2025

Written by Customer Service on May 13, 2025. Posted in Dividend Reports And Estimates.

Company Executing Strategic Transformation to Become Diversified Land Company; Concludes the Majority of its Capital Investment on Citrus Operations After Completion of the Fiscal Year 2025 Harvest in April 2025 Company Raises Land Sales Outlook to Potentially Exceed $50 million for Fiscal Year 2025 Expanded Financial Guidance Now Includes Cash Balance, Net Debt and Adjusted EBITDA Targets for Fiscal Year 2025 Robust Liquidity Position with $14.7 million in Cash and Cash Equivalents, $88.5 million in Available Credit Facilities and No Significant Debt Maturities Until 2029 FORT MYERS, Fla., May 13, 2025 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico”, the “Company”, “we”, “us” or “our”) (Nasdaq: ALCO) today announced financial results for the second quarter ended March 31, 2025. Management Comments John Kiernan, President and Chief Executive...

Scientific Industries Reports Financial Results for First Quarter of Fiscal Year 2025

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

BENCHTOP LAB EQUIPMENT SALES UP 5% FIRST PEER-REVIEWED PUBLICATION ON COMPANY’S DOTS MPS BIOPROCESSING PLATFORM RECORD NUMBER OF BIOPROCESSING SALES OPPORTUNITIES Investor Call to be held Wednesday, May 14th at 11:00 a.m. Eastern Time BOHEMIA, N.Y., May 13, 2025 (GLOBE NEWSWIRE) — Scientific Industries, Inc. (OTCQB: SCND), a life sciences tool provider, and a developer of digitally simplified bioprocessing products, yesterday reported financial results for the three-month period ended March 31, 2025. Business Highlights:Secured $1.5 million equity financing subsequent to quarter-end Reported a decreased loss from operations Benchtop Lab Equipment Operations revenues increased 5% compared to same period last year The Company began shipping the Company’s VIVID WORKSTATION DOTS MPS Platform was validated by prestigious lab in a...

Silexion Therapeutics Reports First Quarter 2025 Financial Results and Provides Business Update

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

Significant advancements in preclinical pipeline for SIL204, with groundbreaking data demonstrating efficacy against both primary tumors and metastases in orthotopic models; strengthened financial position with over $9 million gross funds raised in Q1 2025 GRAND CAYMAN, Cayman Islands, May 13, 2025 (GLOBE NEWSWIRE) — Silexion Therapeutics Corp. (NASDAQ: SLXN) (“Silexion” or the “Company”), a clinical-stage biotech company developing RNA interference (RNAi) therapies for KRAS-driven cancers, today reported its financial results for the first quarter ended March 31, 2025, and provided an update on recent business developments. “The first quarter of 2025 highlighted our continued clinical traction and saw a number of major developments for Silexion, marked by strong preclinical data from our SIL204 program and successful financing...

Gulf Resources Announces First Quarter 2025 Unaudited Financial Results

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

SHOUGUANG, China, May 13, 2025 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources”, “we,” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China today announced its unaudited financial results for the three months ended March 31, 2025. Income Statement In the quarter ended March 31, 2025, net revenues increased to $1,604,447 from $1,307,062, an increase of 23%. Cost of Revenue was $1,594,270 versus $2,119,845, a decrease of 25%. Gross profit was $10,177 compared to a gross loss of ($812,783). Sales and Marketing expenses were $5,053, an increase of 13%. Direct labor and factory overheads incurred during plant shutdowns were $3,225,808 compared to $3,734,689, a decrease of 14%. General and administrative expenses were $1,389,523 compared...

K-Bro Announces Transformative Acquisition of U.K.-Based Star Mayan for £107 Million (C$199 Million) and Concurrent C$70 Million Subscription Receipt Offering

Written by Customer Service on May 13, 2025. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES EDMONTON, Alberta, May 13, 2025 (GLOBE NEWSWIRE) — K-Bro Linen Inc. (“K-Bro” or the “Corporation”) (TSX:KBL) is pleased to announce that it has signed a share purchase agreement with STAR Capital Partnership LLP to acquire 100% of U.K.-based STAR Mayan Limited (“Star Mayan”) for a cash purchase price of £107.2 million (approximately C$199.1 million), on a cash-free, debt-free basis, including a normalized level of working capital (the “Acquisition“). The Acquisition is highly complementary to K-Bro’s existing U.K. businesses, Fishers and Shortridge. K-Bro’s combined U.K. platform creates a national footprint in the U.K.’s £1.6 billion commercial laundry and textile rental market. Star Mayan owns 100% interests in three...

Actelis Networks Reports First Quarter 2025 Financial Results With Stable Revenues Alongside Increased Global Partners Coverage And Operational Efficiency

Written by Customer Service on May 13, 2025. Posted in Earnings Releases And Operating Results.

Strategic focus on growing deal pipeline and high-margin wins drive gross margin expansion to 35% while maintaining stable revenues and disciplined cost management across growing global customer base FREMONT, Calif., May 13, 2025 (GLOBE NEWSWIRE) — Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today reported financial results for the first quarter ended March 31, 2025. “Our first quarter results are driven by both the continued execution of our focus on growing our pipeline for the remainder of the year, particularly in Federal, Military, our Multi-Dwelling Units business and in Intelligent Transportation, as well as on delivering improved margins and operational efficiency...

Month: May 2025

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