Month: August 2025

Record-Breaking Growth Highlights Execution of Integrated Energy Infrastructure Strategy Strong Operational Metrics Drive 189% Gross Profit Growth as Multi-Revenue Platform Scales MIAMI, Aug. 15, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging and on-demand mobile fuel delivery solutions— today announced financial results for the second quarter ended June 30, 2025, and provided a strategic update on its technology roadmap and growth trajectory. Selected Financial & Operational HighlightsMetric Q2 2025 (unaudited) Q2 2024 (unaudited)Revenue $19.7M $7.4MGross Profit $1.6M $547KLoss from Operations $30.8M1 $2.6MNet...

HONG KONG, Aug. 15, 2025 (GLOBE NEWSWIRE) —  Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, today announced its unaudited financial results as of June 30, 2025 and for the first half of 2025 then ended. First Half of 2025 Financial SummaryNet revenue was RMB8.3 million (US$1.2 million) for the first half of 2025, compared to RMB24.7 million in the same period of 2024. Gross loss was RMB10.7 million (US$1.5 million) for the first half of 2025, compared to a gross profit of RMB30.1 thousand in the same period of 2024. Loss from operations was RMB38.0 million (US$5.3 million) for the first half of 2025, compared to a loss from operations of RMB58.7 million in the same period of 2024. Gain on change in fair value of cryptocurrencies was RMB48.6 million...

TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company”, TSX: PVS.PR.G, PVS.PR.H, PVS.PR.J, PVS.PR.K, PVS.PR.L, PVS.PR.M) announced today that the net asset value per unit was $157.55 as at June 30, 2025. All amounts are in U.S. dollars. Income available for distribution for the six month period ended June 30, 2025, was $48 million compared to $42 million in the prior year period. The increase in income was primarily due to the increase in the dividend rate by Brookfield Corporation (“BN”, NYSE/TSX: BN) and Brookfield Asset Management Ltd. (“BAM”, NYSE/TSX: BAM). Net comprehensive income of $533 million increased compared to the prior period primarily due to higher unrealized mark-to-market gains on BN and BAM shares. On a per share basis, the fair value of a BN share was $61.85 as at June 30, 2025 (December 31,...

TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX: PVF.PR.U) announced today its financial results for the six months ended June 30, 2025. All amounts are stated in U.S. dollars. The Partnership recorded a net loss of $6.2 million for the quarter ended June 30, 2025, compared to net income of $21.6 million in the prior year quarter. The decrease in income was primarily due to unfavorable foreign currency movements as a result of the appreciation of the Canadian dollar against the U.S. dollar and higher tax recoveries recorded in the prior year quarter, partially offset by higher dividend and investment income compared to the prior year quarter. A loss of $8.6 million was attributable to the Equity Limited Partners, and income of $2.4 million was attributable to Preferred...

TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT, PVF.PR.V, PVF.A) announced today its financial results for the six months ended June 30, 2025. All amounts are stated in U.S. dollars. The Company recorded a net loss of $135 million for the three months ended June 30, 2025, compared to net income of $94 million in the prior year quarter. The decrease in income was primarily due to current period remeasurement losses of $247 million associated with the Company’s retractable common shares, compared to remeasurement gains of $95 million in the prior year quarter. The Company’s retractable common shares are classified as liabilities due to their cash retraction feature. The remeasurement gains or losses in a given period are driven by the respective appreciation or depreciation of...