Month: May 2025

 Profit after tax of DKK 491 million and return on equity of 14.0% With a profit after tax of DKK 491 million and a return on equity of 14.0%, Spar Nord is off to a good start to 2025. As expected, the result is affected by the falling level of interest rates, with a lower return on the Bank’s substantial excess liquidity contributing to a reduction in net interest income compared with last year. This is the principal reason why core income was DKK 136 million lower than in the same period of last year. In terms of our banking business, we maintained a strong momentum from Q1 2024 to Q1 2025 with annual growth in lending and deposits of 10% and 6%, respectively, and a 4% increase in total business volume during the period. Looking exclusively at Q1 2025, lending was up by DKK 1.3 billion and deposits by DKK 0.7 billion. The first...

NEWS RELEASE – LSE & TSX: EDVAll amounts in US$    ENDEAVOUR REPORTS STRONG Q1-2025 RESULTSFY-2025 guidance on track • Adjusted EBITDA of $613m • Record Free Cash Flow of $409mOPERATIONAL AND FINANCIAL HIGHLIGHTSStrong quarterly production of 341koz at AISC of $1,129/oz; on track to achieve FY-2025 guidance with performance slightly weighted towards H1-2025, following strong Q1-2025 performance at the Houndé mine.Adj. EBITDA of $613m for Q1-2025, up 12% over Q4-2024.Adj. Net Earnings of $219m (or $0.90/sh) for Q1-2025, up 99% over Q4-2024.Operating Cash Flow before changes in working capital of $592m (or $2.43/sh) for Q1-2025, up 66% over Q4-2024.Record Free Cash Flow of $409m (or $1.68/sh) for Q1-2025, up 53% over Q4-2024; Free Cash Flow of $775m generated over the past three quarters...

Netcompany – Interim report for the three months ended 31 March 2025 Company announcement No. 13/2025                                                                                                                                 1 May 2025 Growth and margin improvement in a continued challenging market SummaryIn Q1 2025, Netcompany grew revenue by 9.1% (constant 9%) to DKK 1,744.3m. Adjusted EBITDA increased by 24.4% (constant 25%) to DKK 307.3m in Q1 2025. Adjusted EBITDA margin was 17.6% in Q1 2025 (constant 17.7%) compared to 15.5% in Q1 2024. Diluted earnings per share increased by 36.9% to DKK 2.56. Average workforce increased by 342 FTEs to 8,150 FTEs in Q1 2025 from 7,808 FTEs in Q1 2024. Free cash flow increased to DKK 67.9m in Q1 2025 from negative DKK 4.9m in Q1 2024. Cash conversion ratio (tax normalised) was 83.3% in...

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...