Subscription business model

Cricut, Inc. Reports First Quarter 2024 Financial Results

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화요일, 5월 7, 2024
CRCT, International, Economics, Health, Active users, Subscription business model, Bank statement, GAAP, Beauty salon

SOUTH JORDAN, Utah, May 07, 2024 (GLOBE NEWSWIRE) -- Cricut, Inc. (“Cricut”) (NASDAQ: CRCT), the creative technology company that has brought a connected platform for making to millions of users worldwide, today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Operating income was $25.2 million, or 15.1% of total revenue compared to $10.5 million, or 5.8% of revenue in Q1 2023.
  • “We delivered our 21st consecutive quarter of positive net income and continue to generate healthy cash flow.
  • In Q1 2024, we generated $57 million in cash from operations, ended the quarter with $282 million in cash and cash equivalents, and we remain debt free.
  • We believe these metrics are useful to investors because they can help in monitoring the long-term health of our business.

WOW! REPORTS FIRST QUARTER 2024 RESULTS

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화요일, 5월 7, 2024
WOW, CFO, Depreciation, ARPU, Insurance, Total revenue, Capital expenditure, Growth hacking, Administration, Growth, Public expenditure, Patent, Subscription business model, Telephony, Adjustment, Advertising, HSD, GAAP, The Company, Video game

ENGLEWOOD, Colo., May 7, 2024 /PRNewswire/ -- WideOpenWest, Inc. ("WOW!" or the "Company") (NYSE: WOW), one of the nation's leading broadband providers, with an efficient, high-performing network that passes 1.9 million residential, business and wholesale consumers, today announced financial and operating results for the first quarter ended March 31, 2024.

Key Points: 
  • Net Loss for the quarter ended March 31, 2024 was $15.0 million as compared to net loss of $38.0 million for the quarter ended March 31, 2023.
  • Net Profit Margin was (9.3)% for the quarter ended March 31, 2024 as compared to (22.1)% for the quarter ended March 31, 2023.
  • Adjusted EBITDA margin was 41.7% for the quarter ended March 31, 2024, as compared to 37.9% for the quarter ended March 31, 2023.
  • Capital Expenditures totaled $72.5 million for the quarter ended March 31, 2024, representing a $12.3 million increase compared to the quarter ended March 31, 2023.

Shutterstock Reports First Quarter 2024 Financial Results

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목요일, 5월 2, 2024
Sale, GAAP, Metadata, Investment, Nature, AI, Depreciation, Collection, Meta, Webcast, Employment, Public expenditure, Acquisition, Studio, Subscription business model, Bank statement, Splash News, CMA, Growth, Bookkeeping

Shutterstock cautions investors that non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies.

Key Points: 
  • Shutterstock cautions investors that non-GAAP financial measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similarly-titled measures presented by other companies.
  • Management also believes that providing these non-GAAP financial measures enhances the comparability for investors in assessing Shutterstock's financial reporting.
  • The Company will discuss its first quarter and financial results during a teleconference today, May 2, 2024, at 8:30 AM Eastern Time.
  • A webcast replay of the call will be available on the Company's website beginning on May 2, 2024 at approximately 10:30 AM Eastern Time.

G Mining Ventures and Reunion Gold Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

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월요일, 4월 22, 2024
Leg, GMS, LLP, Investment, Par value, Endeavour Mining, Webcast, Growth, Transaction, Canada Business Corporations Act, La, Mining, Dundee Corporation, AISC, RBC Capital Markets, TSX, Gold, Franco-Nevada, TSX Venture Exchange, VWAP, Agreement, Gignac, Eldorado Gold, Multilateral, RGD, Norton Rose Fulbright, Minority, Committee, BMO Capital Markets, Toronto Stock Exchange, Newmont, Acquisition, Subscription business model, Guiana Shield, Index, Security (finance)

BROSSARD and LONGUEUIL, Quebec, April 22, 2024 (GLOBE NEWSWIRE) -- G Mining Ventures Corp. (“GMIN”) (TSX: GMIN) (OTCQX: GMINF) and Reunion Gold Corporation (“RGD”) (TSXV:RGD) (OTCQX:RGDFF) are pleased to announce they have entered into a definitive agreement (the “Agreement”) to combine the two companies, setting the stage for the creation of a leading intermediate gold producer (the “Transaction”).

Key Points: 
  • The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.
  • Continues GMIN’s strategy of building an Americas focused intermediate gold producer through its Buy, Build, Operate Strategy.
  • Strengthens portfolio and positions GMIN to execute on its strategy of building the next intermediate gold producer leading to further re-rate potential and index inclusion.
  • 43% ownership in an emerging intermediate gold producer, with a strong track-record of value creation and share price outperformance.

Falcon Oil & Gas Ltd - Results of Fundraising

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월요일, 4월 22, 2024
ACT, RESPECT, THIS, FOG, Daly Waters, Fundraising, AIM, FCA, ANY, WERE, Beetaloo, Book building, TSX Venture Exchange, WITH, AS, EUROPEAN UNION, Indian stock exchange, VIA, Subscription business model, Cryptocurrency

Falcon Oil & Gas Ltd (AIM: FOG, TSXV: FO.V), the international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, is pleased to confirm the results of the proposed Fundraising announced by the Company on 18 April 2024.

Key Points: 
  • Falcon Oil & Gas Ltd (AIM: FOG, TSXV: FO.V), the international oil and gas company engaged in the exploration and development of unconventional oil and gas assets, is pleased to confirm the results of the proposed Fundraising announced by the Company on 18 April 2024.
  • As previously announced, alongside the Fundraising, Falcon Oil & Gas Australia Limited (“Falcon Australia”) has agreed to grant Daly Waters Energy, LP (“Daly Waters”) and a major US-based energy industry service provider overriding royalty interests (“ORRIs”) over Falcon Australia’s working interests in the Beetaloo Sub-Basin exploration permits in return for cash payments of US$3 million and US$1 million, respectively.
  • Thomas Layman, a Director of the Company, participated in the Fundraising.
  • The number of New Common Shares conditionally subscribed for by him pursuant to the Subscription, and his resulting shareholding on First Admission, is set out below:

BranchOut Food Strengthens Financial Position with Successful Sale of Senior Secured Promissory Notes and Warrants

Retrieved on: 
수요일, 4월 17, 2024
Sale, Warrant, Food technology, Public expenditure, Senior, Dehydration, Subscription business model, Fruit, Security, Control, Security (finance)

BEND, Ore., April 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that it has completed the sale of $225,000 of Senior Secured Promissory Notes ("Notes") and Warrants to purchase an aggregate of 56,250 shares of the Company’s common stock.

Key Points: 
  • BEND, Ore., April 17, 2024 (GLOBE NEWSWIRE) -- BranchOut Food Inc. (NASDAQ: BOF), a food technology company and maker of dehydrated fruit and vegetable-based products, today announced that it has completed the sale of $225,000 of Senior Secured Promissory Notes ("Notes") and Warrants to purchase an aggregate of 56,250 shares of the Company’s common stock.
  • Each Warrant is exercisable for a ten-year period at an exercise price of $2.00 per share.
  • The Company has board approval to borrow up to $2,000,000 of Notes.
  • The sale was made to a group of seven investors pursuant to a First Amendment to Subscription Agreement dated April 15-16, 2024.

Chargebee Releases 2024 State of Subscriptions & Revenue Growth Report

Retrieved on: 
화요일, 4월 30, 2024
Subscription business model, Face, Optimism, Acquisition, SAN, Artificial intelligence, InMe

SAN FRANCISCO, April 30, 2024 /PRNewswire-PRWeb/ -- Chargebee, the leading revenue growth management platform for subscription businesses, today announced its 2024 State of Subscriptions & Revenue Growth Report, shedding light on the undergoing transformation in subscription management and revenue growth. The report focuses on this evolution, mapping the trajectory of subscription revenue and spotlighting the strategies that will define 2024 and beyond.

Key Points: 
  • SAN FRANCISCO, April 30, 2024 /PRNewswire-PRWeb/ -- Chargebee , the leading revenue growth management platform for subscription businesses, today announced its 2024 State of Subscriptions & Revenue Growth Report, shedding light on the undergoing transformation in subscription management and revenue growth.
  • The report focuses on this evolution, mapping the trajectory of subscription revenue and spotlighting the strategies that will define 2024 and beyond.
  • Key findings from the Chargebee 2024 State of Subscriptions & Revenue Growth Report include:
    Embracing Growth in the Face of Change: In a dynamic economic environment, businesses are embracing efficient growth strategies to adapt to technological advancements and market dynamics.
  • Subscription Revenue Projected to Increase: A staggering 96% of surveyed industry leaders anticipate substantial growth in subscription revenue for 2024, reflecting a robust confidence in the subscription economy's resilience.

Barnes & Noble Education Announces Milestone Transactions to Significantly Strengthen Balance Sheet and Advance Industry Leading Services for Institutions and Students

Retrieved on: 
화요일, 4월 16, 2024
Technology, Retail, Office Products, Entertainment, Finance, Books, Online Retail, Professional Services, University, Publishing, Primary, Secondary, Software, Education, Communications, Sale, Prospectus, LLP, Common, Pillsbury Winthrop Shaw Pittman, Immersion Corporation, FC Volna Pinsk, Berkeley Research Group, Common stock, Transaction, Special, Sales management, Subscription business model, Rights, Houlihan Lokey, Immersion, Student, VitalSource, Noble College, Machilipatnam, Security (finance)

The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.

Key Points: 
  • The refinanced ABL Facility will meaningfully enhance BNED’s financial flexibility and reduce its annual interest expense.
  • Additional information regarding the Transactions can be found in the Form 8-K to be filed with the SEC.
  • Paul Hastings LLP is serving as legal advisor and Houlihan Lokey, Inc. and Berkeley Research Group, LLC are serving as financial advisors to BNED.
  • Pillsbury Winthrop Shaw Pittman LLP is serving as legal advisor and BTIG LLC is serving as financial advisor to Immersion Corporation.

G Mining Ventures and Reunion Gold Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

Retrieved on: 
월요일, 4월 22, 2024
Leg, GMS, LLP, Investment, Par value, Endeavour Mining, Webcast, Transaction, Canada Business Corporations Act, Mining, Dundee Corporation, AISC, RBC Capital Markets, TSX, QC, Gold, Franco-Nevada, TSX Venture Exchange, VWAP, Agreement, Gignac, Eldorado Gold, Multilateral, RGD, Minority, Committee, BMO Capital Markets, Good, Toronto Stock Exchange, Newmont, Acquisition, Subscription business model, Guiana Shield, Index, Growth, Security (finance)

The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.

Key Points: 
  • The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.
  • Continues GMIN's strategy of building an Americas focused intermediate gold producer through its Buy, Build, Operate Strategy.
  • The acquisition of Oko West is the second step towards our vision of becoming a leading intermediate gold producer, building on the team's success at Tocantinzinho.
  • Strengthens portfolio and positions GMIN to execute on its strategy of building the next intermediate gold producer leading to further re-rate potential and index inclusion.

Starting today, donors can "subscribe to world change" with World Vision

Retrieved on: 
목요일, 4월 18, 2024
Subscription business model, World Vision International, Hope, Woman, Believer, Partnership, Human, Poverty, Government, Tourism

SEATTLE, April 18, 2024 /PRNewswire/ -- The global Christian humanitarian organization World Vision has launched Subscribe to World Change, an innovative new campaign aimed at disrupting people's expectations about subscription services. Furthermore, it extends an invitation to join Believers for World Change — a community that believes that together we can end extreme poverty in our lifetime. With more than 700 million people worldwide living in extreme poverty, Believers for World Change will empower children and families with the tools and resources they need to create lasting change for themselves.

Key Points: 
  • The Subscribe to World Change campaign prompts potential donors to reflect on this and empowers them to take positive action.
  • "Worldwide, humanitarian needs continue to increase," said Edgar Sandoval Sr., president and CEO of World Vision.
  • Believers for World Change is a community of change makers dedicated to helping end extreme poverty around the world in partnership with World Vision.
  • Every year, World Vision equips tens of millions of people to reach their God-given potential and accelerate progress out of extreme poverty.