ASC

• The Australian Sport Commission (ASC) has appointed Kate Jenkins as its new board chair, replacing Josephine Sukkar, who was the first female chair appointed to the ASC board in 2021.
• Jenkins was an ambassador for the 2020 T20 Women’s World Cup and the 2023 FIFA Women’s World Cup and participated in the Australian Human Rights Commission’s Independent Review of Gymnastics Australia in 2021.

What is Jenkins’ vision with the ASC?

• It was responsible for more than A$222 million in sport-related grants last financial year.
• Jenkins’ vision is for sport “to be safe, fair, accessible and inclusive for everyone.
• “Play Well” focuses on participation in sport by all Australians and safe, fair and inclusive opportunities for all Australians participating in sport.

What else must Jenkins and the ASC prioritise?

• The new chair of the ASC must find a way to boost women’s sport participation, develop elite female sport pathways and ensure sustainability in women’s sport at the highest level.
• Australia now has seven professional women’s sport leagues and young girls can now see future opportunities in elite sport – not just in soccer but in traditionally male-dominated sports.
• Jenkins, previously an Australian sex discrimination commissioner, should also be well placed to fight the discrimination and harassment prevalent in women’s sport.
• Cultural change is needed within sport clubs if younger generations of females want to participate more regularly in these sports.

A brighter future?

• The U.S. E-commerce revenue for the three months ended March 31, 2024 was approximately $1.3 million compared to $989,000 at March 31, 2023.
• For the three months ended March 31, 2024, international revenue was approximately $930,000, a decrease of $274,000, compared to March 31, 2023.
• Gross profit for the first quarter ended March 31, 2024, was $1.7 million or 75% of revenue versus $1.9 million or 73% of revenue for the first quarter ended March 31, 2023.
• Operating loss for the three months ended March 31, 2024, was approximately $(1.5) million versus approximately $(1.3) million for the first quarter ended March 31, 2023.

• During the quarter, shares of Revasum, Inc. (ASX: RVS) were suspended from trading on the Australian Securities Exchange (ASX).
• Effective March 31, 2024, the Fund has entered into a fee waiver agreement with its investment adviser, Firsthand Capital Management, Inc. (“FCM”).
• For the quarter ended March 31, 2024, the Fund reported total investment income of approximately $32 thousand.
• The Fund reported net realized and unrealized losses on investments of approximately $3.9 million for the quarter.

• AVON, Conn., May 14, 2024 /PRNewswire/ -- East Bay Surgery Center ("East Bay") and Middlesex Endoscopy Center ("Middlesex") have been recognized by U.S. News & World Report among the 2024-2025 Best Ambulatory Surgery Centers.
• Both East Bay and Middlesex are operated and jointly owned by Constitution Surgery Alliance ("CSA"), a leading national developer and operator of ambulatory surgery centers (ASCs).
• East Bay, an AAAHC-accredited facility in Swansea, Massachusetts, was named in the Best Ophthalmology category.
• U.S. News awards the designation of "Best Ambulatory Surgery Centers" only to those surgical centers that satisfy U.S. News' statistical assessment of performance.