For the Fiscal Year ended 2024 NAV per share grew 12% year over year NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX, PFXNZ) (the “Company”), a publicly traded business development company, today announced its financial results for the fiscal fourth quarter of 2024. HighlightsFourth quarter total investment income of $5.6 million; net investment income of $0.5 million Net asset value (NAV) of $160.3 million, or $79.37 per share as of September 30, 2024, vs. $70.75 per share as of September 30, 2023 Weighted average yield was 12.3% on debt and other income producing investments as of the fiscal year end On October 1, 2024 the Company completed the acquisition of approximately 80% of the equity of The National Security Group, Inc. (“NSG”) an Alabama based insurance holding company.David...

Strong sales momentum combined with improved financial performance and operational efficienciesSales of $14.0 million, an increase of 15.6% over the prior year Gross profit margin of 51.5%, significantly better compared to 37.9% in prior year Net loss of $1.6 million, an improvement from a loss of $3.7 million in prior year Adjusted EBITDA1 of $0.8 million versus negative $2.5 million in prior year Two flagship store openings in Montreal: Royalmount and Eaton CentreMONTREAL, Dec. 17, 2024 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its financial results for the third quarter ended November 2, 2024. “We are highly encouraged by our ongoing sales momentum in the third quarter of 2024 with double-digit growth across all distribution...

REE Automotive Q3 2024 EarningsCompany will host an earnings call on December 17, 2024 at 8:30 a.m. ET.Demand for Powered by REE vehicles surges as reservations grow by 230% to $137 million* including reservations for production that extend beyond 2025. Significant progress toward integration of REEs software defined vehicle technology (SDV) into leading OEMs in several vehicle categories. Production of flagship P7 medium duty electric truck kicked-off according to plan targeting first deliveries in H1 2025 supported by strategic partner Motherson and Detroit-based Roush Industries. Production ramp up is targeted for H2 2025 reaffirming Company’s target to reach bill-of-materials (BoM) breakeven in H2 2025 in the low hundreds of vehicles. REE’s Autonomous-ready X by-wire architecture continues to generate strong interest for...

Posts Strong Adjusted EBITDA Margin‎1 ‎for Fiscal Year 2024 and Returns to Positive Sequential Growth in Fiscal Q4 2024 CINCINNATI, Dec. 16, 2024 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ: QIPT; TSX: QIPT), a U.S. based home medical equipment provider, focused on end-to-end respiratory care, today announced its fourth quarter and fiscal year 2024 financial results and operational highlights. These results pertain to the three months and year ended September 30, 2024 and are reported in U.S. Dollars. The Company no longer qualifies as a “foreign private issuer” as such term is defined in Rule 405 under the U.S. Securities Act of 1933, as amended, and Rule 3b-4 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which means that the Company, as of October 1, 2024, has been...

Q2 Fiscal 2025 HighlightsReports revenue of $11.5 Million Gross margin increased to 71% from 63% Net loss of $(4.2) million reflects $(4.9) million one-time non-cash lease related impairment charges for right-of-use assets and tenant leasehold improvements Adjusted EBITDA improved by 42% year-over-year due to continued cost controlsPHOENIX, Dec. 16, 2024 (GLOBE NEWSWIRE) — Aspen Group, Inc. (OTC Markets: ASPU) (“AGI” or the “Company”), an education technology holding company, today announced financial results for its second quarter fiscal year 2025 ended October 31, 2024. Second Quarter Fiscal Year 2025 Summary Results  Three Months Ended October 31,   Six Months Ended October 31,$ in millions, except per share data   2024       2023       2024       2023  Revenue $ 11.5     $ 13.8     $  22.8     $ 28.5  Gross...

Net loss of ($2.5 million) during the third quarter of fiscal 2024 compared to a net loss of ($11.9 million) during the third quarter of fiscal 2023 Company reiterated $15.5 million implemented SaaS ARR adjusted EBITDA breakeven run rate expectation Company accelerated expectation for achievement of SaaS ARR adjusted EBITDA breakeven run rate to the first half of fiscal 2025ATLANTA, Dec. 16, 2024 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (“Streamline” or the “Company”) (Nasdaq: STRM), a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced financial results for the third quarter of fiscal 2024, which was the three-month period ended October 31, 2024, and the nine-month period ended October 31, 2024. Fiscal Third Quarter...

FARMINGDALE, N.Y., Dec. 16, 2024 (GLOBE NEWSWIRE) — Enzo Biochem, Inc. (NYSE: ENZ) (“Enzo” or the “Company”) today announced financial results for the fiscal first quarter ended October 31, 2024. First Quarter HighlightsEnzo ended the first quarter with aggregate cash and cash equivalents of $47.7 million. The net cash used in operating activities during the first quarter decreased by $4.4 million compared to the prior year.The Company’s first-quarter revenue of $6.2 million declined year-over-year by 20% due to declining market demand related to general continued headwinds in the life sciences tools space.Recent EventsThe declared special cash dividend of $0.10 per share on its common stock was paid on December 2, 2024 to the holders of record as of the close of business on November 15, 2024.Jon Couchman became...

Confirms pathway to profitability in late 2025 based on record quarterly revenues and materially reduced expenses MONROE TOWNSHIP, N.J., Dec. 16, 2024 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced financial results for the second quarter ended October 31, 2024 (Q2FY25). Q2FY25 Financial HighlightsRevenue: $2.4 million, compared to $0.9 million for the same period last year, representing a 2.7x increase. Net Loss: $3.9 million, compared to $7.2 million in the prior year period, representing a year-over-year decrease of 46%.Operating expenses have been reduced by 41%, including reduced external expenditures leading to a material reduction in third party spend.Cash Used in Operating Activities: $4.8 million, compared to $7.5 million...

SAN JUAN, Puerto Rico, Dec. 16, 2024 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, reports its financial results for the fiscal second quarter ended October 31, 2024 and provides a corporate update. Recent Operational Highlights:Announced selection as the winner of the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record.  Announced a strategic partnership with Palantir Technologies Inc. (Nasdaq: PLTR) to integrate Visual Navigation software (VNav) into Red Cat’s Black Widow drones. Announced several executive leadership team updates, including Geoffrey Hitchcock’s promotion from General Manager of Teal Drones to Chief Revenue Officer (CRO) for Red Cat and Chris...

VALLOUREC TO SELL DÜSSELDORF-RATH SITE (GERMANY) FOR €155 MILLION Meudon (France), December 16, 2024 – Vallourec, a world leader in premium seamless tubular solutions, announces today that it has entered into an agreement to sell the substantial majority of its Düsseldorf-Rath production site to CTP, Europe’s largest publicly-listed industrial property developer. This transaction involves the sale of the approximately 900,000 square meter property for €155 million. This property was the site of Vallourec’s primary tube production operations in Germany, which was closed at the end of 2023 as part of the New Vallourec plan. The transaction is expected to close around year-end 2024, subject to customary closing conditions, including CTP’s receipt of the waiver of the City’s preemption right. Philippe Guillemot, Chairman of the Board of...