Kraken Reports Q3 2020 Results

ST. JOHN’S, Newfoundland and Labrador, Nov. 24, 2020 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announced it has filed its financial results for the quarter ended September 30, 2020. Additional information concerning the Company, including its consolidated financial statements and related management’s discussion and analysis (“MD&A”) for the quarter ended September 30, 2020, can be found at www.sedar.com. Unless otherwise stated, all dollar amounts are Canadian dollar denominated.Q3 2020 Financial HighlightsRevenue for the quarter was $1.5 million compared to $7.8 million in the year ago quarter. The year-over-year decline was mainly due to the delivery of a large battery order in the previous year quarter which was not repeated this year. Revenue year-to-date totaled $10.2 million,...

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iMedia Brands Reports Third Quarter 2020 Results

MINNEAPOLIS, Nov. 24, 2020 (GLOBE NEWSWIRE) — iMedia Brands, Inc. (the “Company”) (NASDAQ: IMBI) today announced results for the third quarter ended October 31, 2020.Third Quarter 2020 Summary & Recent HighlightsActive customer file grew by 4% year-over-year, driven by a 31% growth in new customers.Q3 net sales were $109.0 million, a decline of 5% compared to same prior-year period, which was the best year-over-year quarterly net sales performance in more than two years. This success was primarily driven by 49 exciting new brands launched so far this year that have generated approximately 21% of our year-to-date net sales, the highest percentage in any nine-month period in the Company’s 30-year history.Q3 gross margin was 37.4%, a 130-basis point improvement over the same prior-year period. Year-to-date gross margin was 37.2%,...

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Nilfisk delårsrapport 3. kvartal 2020

Nilfisk, en førende udbyder af professionelt rengøringsudstyr og services, offentliggør selskabets delårsrapport for 3. kvartal 2020. Højdepunkter for 3. kvartal 2020  Efterspørgslen fortsatte med at stige måned for måned på tværs af alle nøglemarkeder i løbet af 3. kvartal, hvor nogle markeder registrerede positive vækstrater i slutningen af kvartaletGenerelt er efterspørgsel stadig på et lavere niveau end normalt på grund af negativ påvirkning fra COVID-19 og pandemiens eftervirkninger i makroøkonomiske forholdDette førte til en organisk vækst på -7.3% for den samlede forretning, der leverede en omsætning på 202,5 mio. euro i 3. kvartal. Den brandede professionelle forretning rapporterede en organisk vækst på -9,0%, understøttet af en positiv månedlig udvikling i EMEA og USAPå tværs af regioner viste de fleste kundesegmenter positive...

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Nilfisk Q3 Interim Report 2020

Nilfisk, a leading provider of professional cleaning products and services, is announcing its results for the third quarter 2020.Highlights for Q3 2020Demand continued to pick up month-over-month across all key markets during Q3 with some markets recording positive growth rates at the end of the quarterOverall demand is still at a lower level than usual due to negative impact from COVID-19 and its repercussions on macroeconomic conditionsThis led to organic growth of -7.3% for the total business, which posted revenue of 202.5 mEUR in Q3 2020. The branded professional business posted organic growth of ‑9.0%, supported by a positive monthly sequential development in EMEA and the USAcross regions, most customer segments showed positive signs of recovery except for the hospitality segment, which is hit hard by the pandemic. In the industrial...

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Partners Value Investments Inc. Announces Q3 2020 Interim Results

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended September 30, 2020. All amounts are stated in US dollars.The Company generated net loss of $50 million for the three months ended September 30, 2020 compared to $35 million in the prior year quarter. The net loss reflects the impact of foreign currencies and valuation changes.The market price of a Brookfield share was $33.06 per share on September 30, 2020 compared to $32.90 per share on June 30, 2020.Consolidated Statements of OperationsFinancial ProfileThe Company’s principal investment is its interest in approximately 129 million Class A Limited Voting Shares (“Brookfield shares”) of Brookfield. This represents a 9% interest as at September 30, 2020. In addition,...

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Founders Advantage Achieves Record Quarterly Adjusted EBITDA and Net Profit at Q3-2020 Due to a Record Quarterly Performance by DLC

CALGARY, Alberta, Nov. 23, 2020 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V: FCF) (“FAC” or the “Corporation”) is pleased to report its financial results for the three and nine months ended September 30, 2020 (“Q3-2020”). For complete information, readers should refer to the consolidated financial statements and management discussion and analysis which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.advantagecapital.ca. All amounts are presented in Canadian dollars unless otherwise stated.  Our subsidiaries are referred to herein as Dominion Lending Centres Limited Partnership (“DLC”), Club16 Limited Partnership operating as Club16 Trevor Linden Fitness (“Club16”), and Cape Communications International Inc. operating as Impact Radio Accessories (“Impact”). On September 30, 2019, FAC...

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Wine.com sales grow 217% in first half of Fiscal Year 2021

SAN FRANCISCO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Wine.com, the nation’s leading online wine retailer, closed the first half of its fiscal year (April 1 through September 30) with $176 million in revenue, representing 217% year-over-year growth. This brought trailing 12-month revenue to $285 million, a 102% increase over the comparable year period.Highlights over the last 12 months demonstrate an acceleration in the company’s growth as consumers go online for wine in record numbers:Revenue from StewardShip members (Wine.com’s $49/year unlimited shipping program), increased 123% to $157 million for the trailing 12 months as the company grows wallet share among these loyal customers.Customers increasingly prefer to shop from their phones and Wine.com’s 4.8 star mobile app (51,900 reviews). Revenue from mobile devices increased 105%...

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Miklar fjárfestingar hjá OR og dótturfyrirtækjum

Rekstur Orkuveitu Reykjavíkur hefur verið stöðugur fyrstu þrjá fjórðunga ársins 2020, fyrirtækið er vel í stakk búið til að flýta og auka þannig við fjárfestingar til að mæta afleiðingum heimsfaraldurs á íslenskt efnahagslíf. Rekstrarhagnaður (EBIT) nam 11,2 milljörðum króna en var 11,1 milljarður á sama tímabili í fyrra og framlegð rekstursins var 20,8 milljarðar eða 800 milljónum króna meiri en í uppgjöri eftir þriðja ársfjórðung 2019. Árshlutareikningur fyrstu níu mánaða ársins var samþykktur á fundi stjórnar OR í dag. Reikningurinn er uppgjör allrar samstæðunnar, sem auk móðurfélagsins telur Veitur, Orku náttúrunnar, Gagnaveitu Reykjavíkur og Carbfix.Miklar fjárfestingar – sterk sjóðstaðaÍ takti við uppbyggingu á helstu þjónustusvæðum fyrirtækisins og ákvörðun um viðspyrnufjárfestingar vegna kórónuveirunnar, voru fjárfestingar með...

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Heavy investments at Reykjavik Energy and subsidiaries

The operations of Reykjavik Energy (OR) have been stable in the first three quarters of 2020. The company is well positioned to push forward and thus increase investments to meet the impacts and implications of the Covid-19 pandemic on the Icelandic economy. Operating profit (EBIT) amounted to ISK 11.2 billion compared to ISK 11.1 billion for the same period last year. Operating margin amounted to ISK 20.8 billion, an increase of ISK 800 million from the third quarter financial statements in 2019.Interim financial statements for the first nine months of the year were approved by OR’s board of directors today. The financial statements are statements for the entire group which, in addition to the parent company, is comprised of Veitur Utilities, ON Power, Reykjavik Fibre Network and Carbfix.Heavy investments – strong cash positionIn line...

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Bragg Achieves Exceptional 72 Per Cent Revenue Growth in Q3

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Bragg Gaming Group Inc. (TSXV: BRAG, OTC: BRGGF) (“Bragg”, the “Group” or the “Company”) today released its financial results for the three months ended September 30, 2020. Bragg continued its strong upward revenue1 and Adjusted EBITDA2 growth trajectory over the quarter, achieving 72 per cent revenue growth year-over-year and generating Adjusted EBITDA of €1.8m (C$2.8m3) in the quarter, as compared to a €0.2m (C$0.3m) for the same period in the prior year. Adjusted EBITDA margins significantly increased to 15.7 per cent, up from 2.6 per cent in Q3-2019, a result of improved cost control and higher scale.“We’ve made extraordinary progress in 2020 and are very pleased with the substantial revenue and EBITDA growth that we’ve delivered,” said Adam Arviv, Interim Chief Executive Officer of...

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