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Month: August 2025

Global-e Reports Second Quarter 2025 Results

PETAH-TIKVA, Israel, Aug. 13, 2025 (GLOBE NEWSWIRE) — Global-e Online Ltd. (Nasdaq: GLBE) the platform powering global direct-to-consumer e-commerce, today reported financial results for the second quarter of 2025. “We had another strong quarter, meeting or exceeding all of our guidance ranges, on-boarding many new and exciting merchants, and achieving an important milestone of sustainable GAAP profitability,” said Amir Schlachet, Founder and CEO of Global-e. “Interest in our global e-commerce solutions is as strong as ever, as we continue to help both new and existing merchants navigate a complex and dynamic environment. We remain on-track to achieve yet another year of solid top and bottom-line growth, in-line with our long-term targets, as is evident from our increased annual forecast.” Q2 2025 Financial Results GMV1 in the...

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Intention to utilise an over allotment facility

ProVen VCT plcProVen Growth and Income VCT plc 13 August 2025 Intention to utilise an over allotment facility On 6 November 2024, ProVen VCT plc and ProVen Growth and Income VCT plc (the “Companies”) launched offers for subscription (the “Offer”) to raise up to £40 million by way of an issue of new ordinary shares (“New Ordinary Shares”) in the Companies, with each of the Companies raising up to £15 million, together with an over allotment facility of up to a further £5 million for each Company. Full details of the Offer are contained in a prospectus (comprising a Securities Note, Registration Document and Summary (the “Prospectus”)), which was published by the Companies on 6 November 2024. As set out in the Prospectus, the directors of the Companies have the ability (at their discretion) to utilise the over allotment...

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Intention to utilise an over allotment facility

ProVen VCT plcProVen Growth and Income VCT plc 13 August 2025 Intention to utilise an over allotment facility On 6 November 2024, ProVen VCT plc and ProVen Growth and Income VCT plc (the “Companies”) launched offers for subscription (the “Offer”) to raise up to £40 million by way of an issue of new ordinary shares (“New Ordinary Shares”) in the Companies, with each of the Companies raising up to £15 million, together with an over allotment facility of up to a further £5 million for each Company. Full details of the Offer are contained in a prospectus (comprising a Securities Note, Registration Document and Summary (the “Prospectus”)), which was published by the Companies on 6 November 2024. As set out in the Prospectus, the directors of the Companies have the ability (at their discretion) to utilise the over allotment...

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Katapult Delivers Second Quarter Gross Originations, Revenue and Adjusted EBITDA Above Outlook

Raising Full Year 2025 Gross Originations Outlook Gross Originations, Revenue and Adjusted EBITDA Growth to Continue In Third Quarter   PLANO, Texas, Aug. 13, 2025 (GLOBE NEWSWIRE) — Katapult Holdings, Inc. (“Katapult” or the “Company”) (NASDAQ: KPLT), an e-commerce-focused financial technology company, today reported its financial results for the second quarter ended June 30, 2025. “We came out of the gate strong in 2025 and that momentum has continued into the second quarter,” said Orlando Zayas, CEO of Katapult. “We are executing our strategy to turn the Katapult app marketplace into a premier shopping destination for lease-to-own consumers across the US, and this is driving across-the-board growth. During the second quarter we achieved 30% gross originations growth, including 81% growth in KPay (Katapult Pay(R)) gross originations,...

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WEBTOON Entertainment Inc. to Participate in Upcoming Investor Conferences

LOS ANGELES, Aug. 13, 2025 (GLOBE NEWSWIRE) — WEBTOON Entertainment Inc. (Nasdaq: WBTN) (“WEBTOON Entertainment” or “the Company”), a leading global entertainment company and home to some of the world’s largest storytelling platforms, today announced CFO and COO, David J. Lee, will participate in the following upcoming investor conferences: Deutsche Bank 2025 Technology ConferenceAugust 27, 2025Location: Dana Point, CA Goldman Sachs Communacopia + Technology ConferenceSeptember 10, 2025Presentation Time: 1:45 PM PTLocation: San Francisco, CA Goldman Sachs presentation will be webcast live and archived on the Investor Relations section of the Company’s website at https://ir.webtoon.com/. About WEBTOON Entertainment Inc. WEBTOON Entertainment is a leading global entertainment company and home to some of the world’s largest...

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AXIL Brands, Inc. Announces Major National Retail Partnership

LOS ANGELES, Aug. 13, 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 a significant new wholesale partnership with a prominent U.S. membership-based retail chain. Under this partnership, AXIL® hearing protection products are expected to be available in approximately 300 retail locations nationwide beginning in fiscal 2026. This partnership marks a major milestone in AXIL’s strategic expansion of its wholesale distribution network and is expected to drive meaningful revenue growth while substantially increasing brand visibility among U.S. consumers. “This is a transformative opportunity for AXIL,” said Jeff Toghraie,...

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Fortuna drills 22.7 g/t gold over 21.6 meters at Southern Arc, Diamba Sud Gold Project, Senegal

VANCOUVER, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) — Fortuna Mining Corp. (NYSE: FSM | TSX: FVI) is pleased to report additional exploration drilling results from the Southern Arc deposit at the Diamba Sud Gold Project located in Senegal, following the July 7, 2025 resource update (see Fortuna news release dated August 5, 2025). Paul Weedon, Senior Vice President of Exploration at Fortuna, commented, “Exploration drilling at the Southern Arc deposit has continued beyond the data cut-off date for its maiden resource estimate, returning several high-grade intercepts. Highlights include drillhole DSDD488, which intersected 22.7 g/t Au over an estimated true width of 21.6 meters from a downhole depth of 53 meters.” Mr. Weedon continued, “These results further demonstrate the potential for resource growth at Diamba Sud. The...

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Aurora Mobile to Report Second Quarter 2025 Financial Results on August 28, 2025

SHENZHEN, China, Aug. 13, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2025 before the open of U.S. markets on Thursday, August 28, 2025. Aurora Mobile’s management will host an earnings conference call on Thursday, August 28, 2025 at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Beijing time on the same day). All participants must register in advance to join the conference using the link provided below. Please dial in 15 minutes before the call is scheduled to begin. Conference access information will be provided upon registration. Participant Online Registration: https://register-conf.media-server.com/register/BI7d56f557f4374f0da4a7b80ded8cc8ef A...

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MoonFox Data | Li Auto Financial Report Analysis: Pure Electric SUV Model i8 to become the Key Breakthrough in 2025

Li Auto faces mounting pressure as China’s EV market intensifies and product cycles accelerate. Q2 2025 revenue is projected at RMB 33.5 billion, up 5.6% YoY but with slowing growth. Despite stable gross margins and strong cash flow, delivery volumes have declined for the first time, prompting a downward revision of annual sales targets. The launch of the all-electric i8 SUV and advances in autonomous driving mark strategic pivots, while expanded charging infrastructure and overseas expansion aim to drive future growth. MoonFox Data highlights the need for accelerated product innovation to sustain Li Auto’s market leadership. Shenzhen, Aug. 13, 2025 (GLOBE NEWSWIRE) — Shenzhen, Aug 12, 2025 (GLOBE NEWSWIRE) – Currently, automakers are accelerating model upgrades, with new vehicles becoming larger, more intelligent, and offering...

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UCLOUDLINK GROUP INC. Announces Unaudited Second Quarter 2025 Financial Results

HONG KONG, Aug. 13, 2025 (GLOBE NEWSWIRE) — UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced its unaudited financial results for the three months ended June 30, 2025. Second Quarter 2025 Financial HighlightsTotal revenues were US$19.4 million, representing a decrease of 13.3% from US$22.4 million in the second quarter of 2024. Gross profit was US$10.2 million, representing a decrease of 7.0% from US$11.0 million in the second quarter of 2024. Income from operations was US$0.8 million, compared to US$2.3 million in the second quarter of 2024. Net income was US$0.7 million, compared to US$2.2 million in the second quarter of 2024. Adjusted net income (non-GAAP) was US$0.5 million, compared to US$2.6 million in the second quarter...

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