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Day: June 25, 2025

Purpose Investments Inc. Announces Final June 2025 Distribution Rate for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund

TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final June 2025 distribution rates for Purpose High Interest Savings Fund, Purpose US Cash Fund, Purpose Cash Management Fund, and Purpose USD Cash Management Fund. The following table reflects the final distribution amounts for the month of May. Ex-distribution date is June 26, 2025.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose USD Cash Management Fund – ETF Units MNU.U US $0.3411 06/26/2025 07/03/2025 MonthlyPurpose Cash Management Fund – ETF Units MNY $0.2177 06/26/2025 07/03/2025 MonthlyPurpose High Interest Savings Fund – ETF Units PSA $0.1034 06/26/2025 07/03/2025 MonthlyPurpose US Cash Fund – ETF Units PSU.U US $0.3377 06/26/2025 07/03/2025 Monthly           About...

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Wowza Acquires AVA Intellect as it Accelerates Commitment to AI-First Innovation Strategy

Acquisition aligned with Wowza’s vision for intelligent video infrastructure, bringing agent-based automation to streaming orchestration and optimization. Wowza appoints AVA Intellect co-founder Mike Vitale as Head of Intelligence at Wowza. DENVER, June 25, 2025 (GLOBE NEWSWIRE) — Wowza, a trusted leader in video streaming infrastructure for mission-critical applications, today announced the acquisition of AVA Intellect, an AI-native startup specializing in intelligent and embedded agent technology for video platforms. As part of the acquisition, AVA’s co-founder Mike Vitale joins Wowza as Head of Intelligence, accelerating Wowza’s shift toward an AI-first product strategy. With a 20+ year career spanning enterprise streaming, cloud-native architecture, and AI product development, Vitale brings deep domain experience and a track...

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Matador Acquires 8.4 Bitcoin for CAD$1.2M, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to 77

TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA, OTCQB: MATAF, FSE: IU3) announces that the Company has acquired an additional 8.4 bitcoin for CAD$1.2M (USD$878,763). The 8.4 bitcoin was acquired at an average price of USD$104,914 per bitcoin, inclusive of fees and expenses. The purchase was made following a recent market correction, in line with the Company’s Bitcoin acquisition policy, further reinforcing its conviction in Bitcoin as a long-term asset. This acquisition brings Matador’s Bitcoin holdings to approximately 77 bitcoin (and Bitcoin equivalents), reinforcing its stated objective to diversify its treasury with long-duration reserve assets. The Company continues to operate debt-free, with all Bitcoin (and Bitcoin equivalent) holdings free and clear. The Company...

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AGF Management Limited Reports Second Quarter 2025 Financial Results

TORONTO, June 25, 2025 (GLOBE NEWSWIRE) —Reported quarterly adjusted diluted earnings per share of $0.39 Total assets under management and fee-earning assets of $53.5 billion Declared quarterly dividend per share to 12.5 centsAGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the second quarter ended May 31, 2025. AGF reported total assets under management and fee-earning assets1 of $53.5 billion compared to $53.8 billion as at February 28, 2025 and $47.8 billion as at May 31, 2024. “We remain focused and continue to deliver despite ongoing economic and political uncertainty, supported by a long-term perspective that has enabled us to stay resilient and strategically positioned for sustained growth across our three business lines,” said Kevin McCreadie, Chief Executive Officer and...

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Lotus Technology Reports Unaudited First Quarter 2025 Financial Results

Delivered close to 1,300 vehicles1 Total revenue reached $93 million Gross margin was 12% as the impact from prior destocking efforts eased The operating loss in the first quarter narrowed by more than 50% year-on-year to $103 millionNEW YORK, June 25, 2025 (GLOBE NEWSWIRE) — Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its unaudited financial results for the first quarter ended March 31, 2025. Operating Highlights for the First Quarter of 2025 In the first quarter of 2025, the Company achieved total deliveries1 of 1,274 units, reflecting the scheduled transition period before upgraded models commence deliveries and the effect of prior destocking. The deliveries were primarily contributed from the Europe, North America and China markets. In...

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Winnebago Industries Reports Third Quarter Fiscal 2025 Results

— Net Revenues and EPS in Line with Preliminary Results Forecast — — Towable RV Segment Achieves Unit Volume Growth as New Products Target Affordability — — Continued Retail Share Gains Drive Marine Segment’s Strong Profitability Growth — — Company Updates Fiscal 2025 Full-Year Outlook — EDEN PRAIRIE, Minn., June 25, 2025 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today reported financial results for the fiscal 2025 third quarter ended May 31, 2025. Third Quarter Fiscal 2025 Financial SummaryNet revenues of $775.1 million Gross profit of $106.0 million, representing 13.7% gross margin Net income of $17.6 million, or $0.62 per diluted share; adjusted earnings per diluted share of $0.81 Adjusted EBITDA of $46.5 million,...

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AGF Management Limited Declares Second Quarter 2025 Dividend

TORONTO, June 25, 2025 (GLOBE NEWSWIRE) — On June 24, 2025, the Board of Directors of AGF Management Limited declared a dividend of 12.5 cents per share on both the Class B Non-Voting shares and the Class A Voting common shares of the company. This dividend will be payable on July 17, 2025 to shareholders of record on July 3, 2025. About AGF Management Limited Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth. AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative...

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Crown Crafts Announces Fourth Quarter and Fiscal 2025 Financial Results

GONZALES, La., June 25, 2025 (GLOBE NEWSWIRE) — Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today reported financial results for the fourth quarter and fiscal year 2025, which ended March 30, 2025. Fourth Quarter SummaryNet sales of $23.2 millionGross profit of $4.2 million; gross margin of 18.3%GAAP net loss of $(10.8) million, or $(1.04) per diluted shareAdjusted net loss of $(429,000) or adjusted diluted loss per share of $(0.04) (1)Adjusted net loss and adjusted diluted loss per share include an adjustment for a goodwill impairment charge of $13.8 million, or $10.4 million after tax, and $1.32, per share or $1.00, per share after tax.Declared quarterly dividend of $0.08 per share of Series A common stockFiscal 2025 SummaryNet sales of $87.3 millionGross profit of $21.3 million; gross margin of 24.4%GAAP...

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Zapp EV Reports Financial Results for the Six Months Ended March 31, 2025 and Provides Operational Update

Strategy to change following appointment of luxury automotive veteran as new Chief Executive Officer LONDON, June 25, 2025 (GLOBE NEWSWIRE) — Zapp Electric Vehicles Group Limited (OTC: ZAPPF) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today reported financial results for the six months ended March 31, 2025 and provided an update on its operations. New Chief Executive Officer Zapp EV’s board of directors has appointed David McIntyre as Chief Executive Officer of the Company and as a member of the board. For the last eleven months, Mr. McIntyre has served as Chief Operating Officer of Zapp EV, after joining the Company in 2021 as its Chief Commercial Officer. In his three decades of experience in the international luxury automotive...

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Santech Holdings Announces Unaudited Financial Results for the First Half of Fiscal Year 2025

HONG KONG, June 25, 2025 (GLOBE NEWSWIRE) — Santech Holdings Ltd. (“Santech” or the “Company”) (NASDAQ: STEC) today announced its unaudited financial results for the first half of fiscal year 2025 ended December 31, 2024. Santech is a Cayman Islands holding company operating through its subsidiaries in Hong Kong and United States, primarily focusing on exploring opportunities in consumer technology, consumer healthcare and enterprise technology. First Half of Fiscal Year 2025 Highlights Continuing Operations Net revenues Total revenues from continuing operations in the six months ended December 31, 2024 decreased to nil from US$17.4 million in the same period of 2023, primarily due to Company having completely exited from overseas wealth management and asset management businesses during the reporting period. All remaining revenues...

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