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Year: 2025

Xtract One Announces Second Quarter Fiscal 2025 Results

Total Backlog Climbs to Record $37.2 Million; 70% Gross Margins; Cash Burn Declines TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — Xtract One Technologies Inc. (TSX: XTRA) (OTCQX: XTRAF) (FRA: 0PL) (“Xtract One” or the “Company”) a leading technology-driven threat detection and security solution that prioritizes the patron access experience by leveraging AI, today announced fiscal second quarter results for the three months ended January 31, 2025. All information is in Canadian dollars unless otherwise indicated. Second Quarter HighlightsQuarterly revenue of $3.4 million for the three months ended January 31, 2025 versus $2.9 million in the prior-year period. Gross margin of 70% for the second quarter of fiscal 2025 versus 61% in the prior-year period. Total contract value of new bookings1 was $13.5 million for the three months ending...

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OTC Markets Group Reports Fourth Quarter and Full Year 2024 Results Delivering Revenue Growth

Fourth Quarter and Full Year 2024 Highlights:Gross revenues of $111.1 million for the year, up 1% versus 2023 Operating income of $32.2 million for the year, down 1% versus 2023 Operating profit margin of 29.9% for the year, versus 30.6% for 2023 Net income of $27.4 million for 2024, down 1% versus 2023, and GAAP diluted EPS of $2.26 versus $2.28 for 2023 Total cash returned to shareholders during 2024 of $29.5 million, comprised of dividends of $26.6 million and repurchases of common shares of $2.9 million, down 1% versus 2023 Announcing first quarter 2025 dividend of $0.18 per share 567 OTCQX® and 1,050 OTCQB® companies at year end 43 graduates to a national securities exchange during 2024 114 subscribers to OTC Link ECN as of year-end 2024, up 6 versus 2023 141 unique OTC Link subscribers, up 5 versus 2023 Approximately 38,000 average...

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SCYNEXIS Reports Full Year 2024 Financial Results and Provides Corporate Update

The Phase 1 trial of the second-generation triterpenoid antifungal SCY-247, initiated in December of 2024, continues and results are expected in Q3 of 2025. Four presentations for SCY-247 were accepted by the European Society of Clinical Microbiology and Infectious Diseases (ESCMID Global) congress, April 11-15, 2025 in Vienna, Austria. SCYNEXIS continues to make progress towards the restart of the Phase 3 MARIO study in invasive candidiasis. The Company anticipates the restart, pending the FDA’s lifting of the clinical hold, in the second quarter of 2025. SCYNEXIS ended 2024 with cash, cash equivalents and investments of $75.1 million, and projects a cash runway into Q3 2026.JERSEY CITY, N.J., March 12, 2025 (GLOBE NEWSWIRE) — SCYNEXIS, Inc. (NASDAQ: SCYX), a biotechnology company pioneering innovative medicines to overcome...

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Central 1 reports fourth quarter and fiscal 2024 financial results

VANCOUVER, British Columbia, March 12, 2025 (GLOBE NEWSWIRE) — Central 1 Credit Union (Central 1) today reported its 2024 fourth quarter and year end performance reflecting strong financial results, including total revenue of $302.9 million for the year, a notable increase compared to last year. “We achieved strong financial results in 2024, despite economic challenges and our difficult decision to wind down our digital banking business,” said Sheila Vokey, President & CEO of Central 1. “To provide the long-term value and support our clients need in areas where we deliver value as a scale aggregator, we will take decisive action throughout 2025 to transform our business and focus on the strength of our payments, clearing and settlements, and treasury services to continue serving our clients long into the future.” Fourth quarter...

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ROHM to Showcase Advanced Power Electronics at APEC 2025

ROHM Semiconductor Exhibiting at APEC 2025Visit ROHM in booth #1223, where they will resent their latest power electronics technologies designed to improve power density and efficiency in automotive and industrial equipment applications while achieving smaller form factors and greater reliabilitySanta Clara, CA and Kyoto, Japan, March 12, 2025 (GLOBE NEWSWIRE) — ROHM Semiconductor U.S.A., LLC, today announced they will participate in APEC 2025, the premier power electronics conference and exposition that brings together power electronics professionals, academics, and students from all over the world. The event will be held from March 16th to 20th in Atlanta, GA. At Booth 1223, ROHM will present its latest power electronics technologies designed to improve power density and efficiency in automotive and industrial equipment...

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Flagship Communities Real Estate Investment Trust Announces Fourth Quarter and Full Year 2024 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — Flagship Communities Real Estate Investment Trust (“Flagship” or the “REIT”) (TSX: MHC.U; MHC.UN) today released its fourth quarter and full year 2024 results. The financial results of the REIT are prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (the “IASB”). Results are shown in U.S. dollars, unless otherwise noted. Fourth Quarter 2024 Results Compared to Fourth Quarter 2023 ResultsRental revenue was $23.8 million, an increase of 26.6% compared to $18.8 million Same Community Revenue1 was $20.4 million, up 15.5% compared to $17.7 million Net income (loss) and comprehensive income (loss) was $25.2 million compared...

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Currency Exchange International Announces a 10% Increase in Revenue for the first quarter of 2025 Versus the Prior Year

TORONTO, March 12, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTC: CURN), today reported net income of $0.8 million for the first quarter of 2025, 4% lower than the prior year (all figures are in U.S. dollars except where otherwise indicated). This 2025 reported net income reflected $1.7 million net income in the United States and a net loss of $0.9 million in Canada. These results include certain one-time third-party advisory costs of $0.3 million related to regulatory compliance requirements imposed on EBC. Excluding this item, adjusted net income1 increased 29% compared to the prior year and adjusted diluted earnings per share1 (“EPS”) was 31% higher than the prior year. The completed condensed interim consolidated financial statements and management’s discussion and analysis...

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Enstar Group Limited Announces Pricing of $350 Million of 7.500% Fixed-Rate Reset Junior Subordinated Notes Due 2045

HAMILTON, Bermuda, March 12, 2025 (GLOBE NEWSWIRE) — Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) today announced the pricing of $350 million aggregate principal amount of its 7.500% Fixed-Rate Reset Junior Subordinated Notes due 2045 (the “Notes”). The offering is expected to close on March 18, 2025, subject to satisfaction of customary closing conditions. Enstar intends to use the net proceeds from the offering to fund the purchase of the 5.750% Fixed-Rate Reset Junior Subordinated Notes due 2040 issued by Enstar’s wholly owned subsidiary, Enstar Finance LLC, that Enstar guarantees on a junior subordinated basis (the “2040 Junior Subordinated Notes”), that are validly tendered and accepted for purchase in the tender offer announced on March 10, 2025. Enstar intends to use any remaining net proceeds from this offering to redeem...

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Legacy Housing Corporation Reports Full Year 2024 Financial Results

BEDFORD, Texas, March 12, 2025 (GLOBE NEWSWIRE) — Legacy Housing Corporation (the “Company” or “Legacy”, NASDAQ: LEGH) today announced its financial results for the full year end December 31, 2024. Financial HighlightsNet revenue for the year ended 2024 was $184.2 million, a decrease of 2.6% from the year ended 2023. Income from operations for the year ended 2024 was $63.6 million, a decrease of 1.5% from the year ended 2023. Net income for the year ended 2024 was $61.6 million, an increase of 13.2% from the year ended 2023. Basic earnings per share for the year ended 2024 was $2.55, an increase of 14.3% from the year ended 2023. Book value for year ended 2024 was $494.0 million, an increase of 13.1% from the year ended 2023. Book value per share1 for the year ended 2024 was $20.40, an increase of 13.9% from the year...

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Quest Resource Holding Corporation Reports Fourth Quarter and Fiscal Year 2024 Financial Results

Added record eight new customers in 2024, reflecting strong value proposition Refinanced debt in Q4, lowering interest expense by approximately $1 million annually, reducing blended interest rate by approximately 150 basis points Reducing headcount by 15% and SG&A by $3.0 million annually as result of ongoing operational efficiency gains and the anticipated exit of a non-core business line Named Perry Moss CEO and Nick Ober SVP of Operations THE COLONY, Texas, March 12, 2025 (GLOBE NEWSWIRE) — Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest” or the “Company”), a national leader in environmental waste and recycling services, today announced financial results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Financial Highlights:Revenue was $70.0 million, a 0.9% increase compared...

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