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Month: August 2025

PCS Edventures! Announces Results for the First Quarter of Fiscal Year 2026

MERIDIAN, Idaho, Aug. 14, 2025 (GLOBE NEWSWIRE) — PCS Edventures!, Inc. (“PCSV”), a leading provider of TK-12 Science, Technology, Engineering and Mathematics (“STEM”) education programs, today announced results of operations for its first quarter of fiscal year 2026, which ended on June 30, 2025, and an update on its operations. First Quarter 2026 Overview:Revenue decreased 23.3% to $2.42 million in the first quarter of fiscal year 2026 compared to the first quarter in the previous year.Gross margin increased 13 basis points to 63.4% in the first quarter of fiscal year 2026 compared to the first quarter in the previous year.Net income before income tax provision was $0.55 million in the first quarter versus $1.12 million in the previous year same quarter.Cash on hand increased 11.5% to $3.59 million versus the first...

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LiveOne (Nasdaq: LVO) Launches Bitcoin Partnership with ARCA Utilizing $10.2M Capital Raise

LiveOne purchases multimillion-dollar position in Bitcoin at an average price $117,885 per coin Leveraging ARCA’s track record to manage Bitcoin yield strategy Anchorage Digital provides secure custody and management of the digital assets Board of Directors committed up to $500M to grow Bitcoin holdingsLOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) — LiveOne (Nasdaq: LVO), an award-winning, creator-first music, entertainment, and technology platform, today announced that it has purchased Bitcoin as part of the company’s previously announced crypto long-term treasury yield management strategy. Robert Ellin, Chairman and CEO of LiveOne commented, “This investment in Bitcoin represents a strategic step in our treasury yield strategy and our ongoing belief in digital assets’ long-term potential.” About LiveOneHeadquartered...

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Lancaster Resources Commences Field Work for Maiden NI 43-101 Technical Report at Lake Cargelligo Gold Project, Australia

VANCOUVER, British Columbia, Aug. 14, 2025 (GLOBE NEWSWIRE) — Lancaster Resources Inc. (CSE:LCR | OTCQ:LANRF | FRA:6UF0) (the “Company” or “Lancaster”) is pleased to announce the start of desk and field work at its 100%-owned Lake Cargelligo Gold Project in New South Wales, Australia. This initiative marks the first step toward completing the Company’s maiden National Instrument 43-101 (NI 43-101) Technical Report, a critical milestone in advancing the project. Strategically located in the prolific Lachlan Fold Belt, the 28,768-hectare Lake Cargelligo Project hosts multiple historical high-grade gold and silver occurrences. Initial field activities will include reconnaissance geological mapping and rock chip sampling aimed at refining exploration targets and laying the groundwork for a focused drill program. “Commencing field work...

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Security National Financial Corporation Reports Financial Results for the Quarter Ended June 30, 2025

SALT LAKE CITY, Aug. 14, 2025 (GLOBE NEWSWIRE) — Security National Financial Corporation (SNFC) (NASDAQ symbol “SNFCA”) announced financial results for the quarter ended June 30, 2025. For the three months ended June 30, 2025, SNFC’s after tax earnings decreased 10% from $7,271,000 in 2024 to $6,506,000 in 2025. For the six months ended June 30, 2025, after tax earnings decreased 26% to $10,845,000 from $14,746,000 in 2024. Scott M. Quist, President of the Company, said: “Annualizing our first half results we achieved an 8% Return On Equity (ROE) and while that is below our 13.3% 10 year average ROE, I believe that to be a credible performance given that roughly 1/3 of our revenue and equity is in the still very troubled mortgage industry. It demonstrates the financial balance and resiliency of our combined businesses....

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NKT A/S Q2 2025 Interim Report: 13% organic growth and EBITDA of EUR 105m

Company Announcement 14 August 2025Announcement No. 20 NKT A/S Q2 2025 Interim Report: 13% organic growth and EBITDA of EUR 105m NKT CEO Claes Westerlind says: – In the second quarter of 2025, NKT sustained its positive financial trajectory, achieving double-digit revenue growth and the highest operational EBITDA in the company’s history. We are satisfied with this development and performance, as we continue to deliver on our customer commitments and advance our major expansions. Amidst ongoing global changes, we remain dedicated to our strategic direction and to connecting a greener world through reliable power cable solutions. Financial highlights         EURm Q2 2025 Q2 2024 H1 2025 H1 2024Revenue* 723 605 1,353 1,139Organic growth 13% 29% 12% 28%Operational EBITDA 105 86 186 161Operational EBITDA margin* 14.5% 14.2% 13.8% 14.1%*Standard...

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CFO Line Andrea Fandrup to leave NKT

Company Announcement 14 August 2025Announcement No. 21 CFO Line Andrea Fandrup to leave NKT After five years as Chief Financial Officer (CFO) of NKT, Line Andrea Fandrup has decided to leave the company no later than the end of April 2026. She will leave NKT after serving as CFO during a period of transformation and growth. – I would like to thank Line for her contributions and dedication to NKT since joining the company in 2020. Line has held a central position in the execution of our growth strategy which has successfully transformed NKT into a pure-play power cable solutions provider with a strong financial performance, says Jens Due Olsen, Chair of the NKT Board of Directors. – Line has been a central member of our Group Leadership Team for the past five years contributing to the positive development of the company and...

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NKT updates financial outlook for 2025

Company Announcement 14 August 2025Announcement No. 19 NKT updates financial outlook for 2025 Based on the financial performance in the first half of 2025, and the expectations for the rest of the year, the financial outlook for the full-year is updated. The update is driven by the Solutions and Service & Accessories business lines. Revenue (standard metal prices) is expected to be approximately EUR 2.65-2.75bn (previously approximately 2.37-2.52bn) and operational EBITDA is expected to be approximately EUR 360-390m (previously approximately EUR 330-380m). The financial outlook is subject to several assumptions including:Satisfactory execution of high-voltage projects and investments to deliver on expected profitability margins Satisfactory operational execution across business lines Stable market conditions for Applications and...

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CORRECTION: Pro Kapital Council approved Consolidated Interim Report for II Quarter and 6 Months of 2025 (Unaudited)

The Group published today the Consolidated Interim Report for II Quarter and 6 Months of 2025 (Unaudited). In the stock exchange notice and in the respective section “Key financials” of the report, it was erroneously stated that the result for the second quarter was a net loss, whereas the actual result was a net profit of EUR 4.3 million. Therefore, we are publishing again both the corrected notice and the amended report. MANAGEMENT REPORT Real Estate Development Tallinn By the second quarter of 2025, construction of the final phase of the Kalaranna development (4 buildings, 146 units) reached an end with some landscaping and a few client modifications works remaining. As of the publication of this report, 76 sold apartments have been handed over to buyers, and the overall sales rate has reached 60.7%. In Kristiine City, we are continuing...

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CORRECTION: Pro Kapital Council approved Consolidated Interim Report for Ii Quarter and 6 Months of 2025 (Unaudited)

The Group published today the Consolidated Interim Report for II Quarter and 6 Months of 2025 (Unaudited). In the stock exchange notice and in the respective section “Key financials” of the report, it was erroneously stated that the result for the second quarter was a net loss, whereas the actual result was a net profit of EUR 4.3 million.Therefore, we are publishing again both the corrected notice and the amended report. MANAGEMENT REPORT Real Estate Development Tallinn By the second quarter of 2025, construction of the final phase of the Kalaranna development (4 buildings, 146 units) reached an end with some landscaping and a few client modifications works remaining. As of the publication of this report, 76 sold apartments have been handed over to buyers, and the overall sales rate has reached 60.7%. In Kristiine City, we are continuing...

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Music Licensing, Inc. Provides Corporate Update on PCAOB Audit Review and OTC ID Application

Naples, FL, Aug. 14, 2025 (GLOBE NEWSWIRE) —  Music Licensing, Inc. (OTC: SONG), a publicly traded company specializing in the acquisition, management, and monetization of music royalties, today issued a corporate update regarding its ongoing financial review and uplisting progress. The Company’s Public Company Accounting Oversight Board (PCAOB)–registered audit firm is currently in the process of reviewing Music Licensing, Inc.’s semi-annual financial statements. These statements are expected to be finalized and released later this month or in early September. In addition, the Company is pleased to report that, pending final approval of its OTC ID application, it anticipates being listed on the OTC ID Market Tier within the next week. This milestone is expected to enhance transparency, streamline investor communications, and...

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