Earnings Releases And Operating Results

Prospera Energy Inc. announces record high cash flow from operations of $5.4 million in 2022 financial results

Written by Customer Service on May 27, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 26, 2023 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Corporation“) (PEI: TSX-V; OF6A: FRA) Restructured Prospera momentum accelerates by improving 2022 revenue by 3-fold and operating margin to realize record high cash flow from operations of $5.4million. Prospera is pleased to release its fourth quarter and year-end 2022 financial and operating results. Selected financial and operational information outlined below should be read in conjunction with the Company’s financial statements and related management’s discussion and analysis (MD&A) for the year ended December 31, 2022. 2022 Highlights PEI 2022 audited financials captured the significant (continued) reorganization and business achievements resulting in the current financial position compared to the previous...

UPDATE – Central 1 reports first quarter financial results

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 26, 2023 (GLOBE NEWSWIRE) — Central 1 Credit Union (‘Central 1’ or ‘the organization’) reported a profit of $1.3 million for the first quarter (Q1) ended March 31, 2023, up $36.7 million from the same quarter one year prior. Q1 2023 results compared to Q1 2022: Profit of $1.3 million, compared to a loss of $35.4 million in Q1 2022 Net financial income of $6.4 million, compared to a net financial expense of $49.3 million in Q1 2022 Return on average equity1 of 0.2 per cent, compared to negative return on average equity1 of 4.7 per cent in Q1 2022 In Q1 2022, credit spreads increased to reflect the economic uncertainty around rising inflation and the Russia – Ukraine conflict. This resulted in Q1 2022 reporting a larger fair value loss on our fixed income investments than in Q1 2023. “While markets...

ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2023

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, May 26, 2023 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three and nine months ended March 31, 2023. As at March 31, 2023, the Company had cash, investments and digital assets of $37.5 million. As at March 31, 2023, net asset value per share was $0.78 as compared to $1.06 as at June 30, 2022. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three and nine months ending March 31, 2023 with comparatives: Operating Results Three months ended March 31, Nine months ended March 31, 2023 2022 2023 2022 Net investment...

Central 1 reports first quarter financial results

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

QIWI Announces First Quarter 2023 Financial Results

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

NICOSIA, Cyprus, May 26, 2023 (GLOBE NEWSWIRE) — QIWI plc (NASDAQ and MOEX: QIWI) (“QIWI” or the “Company”), a leading provider of cutting-edge payment and financial services in Russia and the CIS, today announced its financial results for the first quarter ended March 31, 2023. 1Q 2023 key operating and financial highlights12 1Q 2022 1Q 2023 YoY 1Q 2023 RUB million RUB million USD million(1) Consolidated Group results Revenue 9,717 17,872 83.9 % 231.8 Total Net Revenue 6,305 8,552 35.6 % 110.9 Adjusted EBITDA 3,687 4,479 21.5 % 58.1 Adjusted EBITDA margin 58.5 % 52.4 % (6.1 p.p.) 52.4 % Profit for the period 2,257 4,499 99.3 % 58.4 Adjusted Net profit 2,326 4,180 79.7 % 54.1 Adjusted Net profit margin 36.9 % 48.9 % 12.0...

EnWave Reports 2023 Second Quarter Consolidated Interim Financial Results

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, May 26, 2023 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today reported the Company’s consolidated interim financial results for the second quarter ended March 31, 2023. All values in thousands and denoted in CAD unless otherwise stated. Reported net income from continuing operations of $687 and Adjusted EBITDA(1) of $1,151 for Q2 2023, representing an increase of $2,386 and $2,190 respectively relative to the comparable period of the prior year. The increase was primarily due to the resale of two large scale machines and the wind down of NutraDried in Q2 2023. Completed the sale of NutraDried assets and a 100kW unit to Creations Foods U.S. incorporated for total consideration of $2,608 USD. Reported revenue for Q2 2023 of $4,635, representing...

Urbanimmersive Reports Financial Results for Its Second Quarter of 2023

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

SAINT-HUBERT, Quebec, May 26, 2023 (GLOBE NEWSWIRE) — Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”) (TSV-V UI) (OTCQB: UBMRF) today reported financial results and presents business highlights for its second quarter ended March 31, 2023. The interim condensed financial statements and related management’s discussion and analysis (“MD&A”) can be viewed on SEDAR at https://www.sedar.com/. Three-month period endedMarch 31, 2023 Three-month period endedMarch 31, 2022 Six-month period endedMarch 31, 2023 Six-month period endedMarch 31, 2022 In thousands $ In thousands $ In thousands $ In thousands $ Revenues 2,727 2,182 5,555 ** 3,177 COGS and direct charges 1,491 990 3,214 1,429 Gross margin (before amortization) 1,236 1,192 2,341 1,748 Amortization 525 319 1,032 568 Operating expenses 2,181 1,508 4,221 2,376 EBITDA* (646) (68) (966) (272) Other...

Nordic Fibreboard AS unaudited results for first quarter of 2023

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

MANAGEMENT REPORT Consolidated net sales for Q1 2023 were € 2.60 million, which remained at the same level compared to the same period last year (Q1 2022: € 2.60 million). The main business area is the production and wholesale of fibreboard, which recorded sales in Q1 2023 of € 2.59 million (Q1 2022: also € 2.59 million). The remaining business area is real estate management of the property owned in Suur-Jõe street in Pärnu, who recorded sales of € 0.01 million in Q1 2023 (Q1 2022: also € 0.01 million). The consolidated EBITDA of Nordic Fibreboard AS for Q1 2023 was negative € 94 thousand (Q1 2022: positive € 255 thousand). EBITDA margin was negative 4% in Q1 2023 (Q1 2022: positive 10%). However, the Group’s gross margin fell from 25% for Q1 2022 to being 11% in Q1 2022, the main reason for the decrease in the gross margin was the substantial...

Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2023 and Declares Dividend of $0.15 Per Share for the First Quarter of 2023

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

ATHENS, Greece, May 26, 2023 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $22.7 million and net income attributed to common stockholders of $21.3 million for the first quarter of 2023. This compares to a net income of $26.0 million and net income attributed to common stockholders of $24.6 million reported in the first quarter of 2022. Earnings per share for the first quarter of 2023 was $0.22 basic and diluted, compared to earnings per share of $0.32 basic and $0.31 diluted in the same quarter in 2022. Time charter revenues were $72.6 million for the first quarter of 2023, compared to $65.9 million for the same quarter of 2022. The increase in time charter revenues, compared to...

BioSyent Releases Financial Results for Q1 2023

Written by Customer Service on May 26, 2023. Posted in Earnings Releases And Operating Results.

MISSISSAUGA, Ontario, May 26, 2023 (GLOBE NEWSWIRE) — BioSyent Inc. (“BioSyent”, TSX Venture: RX) released today its financial results for the three months ended March 31, 2023. Key highlights include: First quarter (Q1) 2023 Canadian Pharmaceutical Net Revenues of $6,411,694 increased by 1% versus Q1 2022 Q1 2023 International Pharmaceutical Net Revenues were $nil as compared to sales of $565,787 in Q1 2022 Q1 2023 Total Company Net Revenues of $6,482,694 decreased by 8% versus Q1 2022 Q1 2023 EBITDA1 of $1,516,634 decreased by 32% versus Q1 2022 Q1 2023 Net Income After Taxes (NIAT) of $1,175,246 decreased by 26% versus Q1 2022 Q1 2023 NIAT percentage to Net Revenues of 18% compares to 23% in Q1 2022 Q1 2023 Fully Diluted Earnings per Share (EPS) of $0.10 versus Q1 2022 Fully Diluted EPS of $0.13 Fully Diluted EPS for the...

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