Day: August 21, 2025

Profit margin % improvement | Lower net loss | Fleet Rocket sales HOUSTON, Aug. 21, 2025 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT; “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions, released its results for the second quarter ended June 30, 2025, on August 18, 2025. “In the second quarter of 2025, we made further progress on the technological elements of our offerings and continued our transition to a SaaS provider in the logistics space. Fr8Tech completed initial sales of Fleet Rocket, a Transportation Management System (TMS) software solution, released several new features to Fr8App, and improved the operating margins on its brokerage business. Although higher tariffs and trade policy uncertainty impacted the brokerage business...

MILWAUKEE, Aug. 21, 2025 (GLOBE NEWSWIRE) — Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the fourth quarter and full fiscal year 2025 ended June 30, 2025. Fiscal Full Year 2025 HighlightsSales increased 15.5% year-over-year to $340.7 million Net loss attributable to Twin Disc was ($1.9) million EBITDA* of $19.0 million, including the impact from currency translation loss, stock based compensation, and other items Operating cash flow of $24.0 million and Free cash flow* of $8.8 million Healthy six-month backlog of $150.5 million supported by strong ongoing order activityFiscal Fourth Quarter 2025 HighlightsSales increased 14.5% year-over-year to $96.7 million Net income attributable to Twin Disc was $1.4 million EBITDA* of $7.0 million, including the impact from currency translation loss, stock based compensation,...

LOS ANGELES, Aug. 21, 2025 (GLOBE NEWSWIRE) — AXIL Brands, Inc. (“AXIL,” “we,” “us,” “our,” or the “Company”) (NYSE American: AXIL), an emerging global consumer products company for AXIL® hearing protection and enhancement products and Reviv3® hair and skin care products, today announced financial and operational results for fiscal year ended May 31, 2025. Financial Highlights for Fiscal Year Ended May 31, 2025 All comparisons are to the full year of the prior year, unless otherwise noted.Net sales in fiscal 2025 were $26.3 million, as compared to $27.5 million in fiscal 2024 Gross profit as a percentage of sales was 71.0% for fiscal 2025, compared to 73.4% in the prior year Operating expenses were 66.6% of net sales in fiscal 2025, an improvement from 67.9% in fiscal 2024 Net income in fiscal 2025 was $0.9 million, as compared...

Revenue:$327.6 million for Q2 2025 $631.7 million for H1 2025Net Income:$  69.9 million for Q2 2025 $111.7 million for H1 2025Earnings per common unit:$    2.34 for Q2 2025 $    3.72 for H1 2025Net cash from operating activities:$121.6 million for Q2 2025 $278.2 million for H1 2025EBITDA:$178.2 million for Q2 2025 $325.8 million for H1 2025Returning capital to unitholders:716,575 common units repurchased in 2025 (through August 13) for $27.8 million $0.05 per unit cash distribution for Q2 2025; $0.20 per unit annualizedSales and purchases in Q2 – Q3 2025 QTD:$133.0 million acquisition of two scrubber-fitted newbuilding aframax/LR2 tankers $  95.5 million gross sale proceeds from sale of three vessels; average age of 16.5 years One newbuilding aframax/LR2 tanker delivered$3.1 billion...

Company Raises Full-Year Revenue and Net Income Guidance RISHON LE ZION, Israel, Aug. 21, 2025 (GLOBE NEWSWIRE) — BOS Better Online Solutions Ltd. (“BOS” or the “Company”) (Nasdaq: BOSC) reported financial results for the second quarter and first half ended June 30, 2025, continuing its growth trajectory. Second Quarter 2025 Financial HighlightsRevenue increased 36.4% to $11.5 million, compared to $8.5 million in Q2 2024. Net income increased 52.7% to $765,000, or $0.13 per basic share, compared to $501,000, or $0.09 per basic share, in Q2 2024. EBITDA increased to $898,000 compared to $817,000 in Q2 2024. Contracted Backlog was $24 million as of June 30, 2025, compared to $22 million on March 31, 2025, and $27 million on December 31, 2024. Cash and Equivalents were $5.2 million as of June 30, 2025, compared...

Summary Freight revenues amounted to NOK 165.5 million in Q2 2025, an increase of NOK 19.5 million compared to the corresponding period last year and approximately at the same level as the previous quarter. The average rate of assignments and utilization in this quarter is approximately at the same level as in the previous quarter. Operating expenses were NOK 83.7 million in Q2 2025, an increase compared to Q2 2024 of NOK 9.2 million and a decrease compared to the previous quarter of NOK 7.3 million.The company had a profit before depreciation of NOK 91.3 million in Q2 2025, compared to NOK 78.4 million in Q2 2024.  There have been no impairment charges or reversal of previous impairment charges in the second quarter of this year. In the second quarter of last year, previous impairment charges were reversed by NOK 154.0 million. Value...