Financial accounting

China Jo-Jo Drugstores Reports Fiscal Year 2021 Financial Results

Retrieved on: 
Tuesday, June 29, 2021
Financial accounting, Fiscal year

Revenue from the online pharmacy business increased by $8.94 million, or 66.1%, to $22.48 million for the fiscal year ended March 31, 2021 from $13.54 million for the prior fiscal year.

Key Points: 
  • Revenue from the online pharmacy business increased by $8.94 million, or 66.1%, to $22.48 million for the fiscal year ended March 31, 2021 from $13.54 million for the prior fiscal year.
  • Net cash used in operating activities was $0.06 million for the fiscal year ended March 31, 2021, compared to $6.91 million for the prior fiscal year.
  • Net cash used in investing activities was $2.00 million for the fiscal year ended March 31, 2021, compared to $4.84 million for the prior fiscal year.
  • Net cash provided by financing activities was $3.08million for the fiscal year ended March 31, 2021, compared to $19.01 million for the prior fiscal year.

Hillpointe, LLC Announces Promotion of Gabe Shibly to Chief Financial Officer

Retrieved on: 
Tuesday, June 29, 2021
Accounting, Financial accounting, Gabe

WINTER PARK, Fla., June 29, 2021 (GLOBE NEWSWIRE) -- Hillpointe, LLC, a fully integrated real estate development firm, today announces the promotion of Gabe Shibly to the role of Chief Financial Officer.

Key Points: 
  • WINTER PARK, Fla., June 29, 2021 (GLOBE NEWSWIRE) -- Hillpointe, LLC, a fully integrated real estate development firm, today announces the promotion of Gabe Shibly to the role of Chief Financial Officer.
  • Mr. Shibly, based in Hillpointes Winter Park office, leads the firms accounting, financial reporting, and human resource functions.
  • Gabe has been instrumental in furthering the development of an institutional grade accounting department at Hillpointe," noted Steven Campisi, Co-Founder and Managing Partner.
  • In March 2020, Gabe joined Hillpointe as its Controller, coming from Orlando City Soccer Club (OCSC) where he held the same title.

CaseWare® International Announces David Osborne as Chief Executive Officer and Mike Sabbatis as Chair to Drive the Next Phase of Growth

Retrieved on: 
Monday, June 28, 2021
Articles, CaseWare International, Financial accounting, Audit, Digital transformation, Accounting

"I am both excited and honored to lead our organization into its next stage of growth and digital transformation in the accounting and audit industry," said David Osborne, Chief Executive Officer.

Key Points: 
  • "I am both excited and honored to lead our organization into its next stage of growth and digital transformation in the accounting and audit industry," said David Osborne, Chief Executive Officer.
  • "CaseWare has a 32-year history in delivering innovative solutions to solve the complex needs of our audit and accounting customers."
  • Additionally, Mike Sabbatis who over the past months has been serving as a senior advisor to the business has been appointed Chair of the Board.
  • With efficiency, quality and value in mind, CaseWare provides innovative solutions to over 500,000 users, in 130 countries and in 16 languages.

Aethlon Medical Announces Fiscal Year End Financial Results and Provides Corporate Update

Retrieved on: 
Thursday, June 24, 2021
Financial accounting, Fiscal year, NASDAQ, Finance, Corporate finance, Money

SAN DIEGO, June 24, 2021 /PRNewswire/ -- Aethlon Medical, Inc. (Nasdaq: AEMD), a medical technology company focused on developing products to diagnose and treat life and organ threatening diseases,today reported financial results for its fiscal year ended March 31, 2021 and provided an update on recent developments.

Key Points: 
  • SAN DIEGO, June 24, 2021 /PRNewswire/ -- Aethlon Medical, Inc. (Nasdaq: AEMD), a medical technology company focused on developing products to diagnose and treat life and organ threatening diseases,today reported financial results for its fiscal year ended March 31, 2021 and provided an update on recent developments.
  • The manuscript described the use of the Hemopurifier for a total of nine sessions in two critically ill COVID-19 patients.
  • Financial Results for the Fiscal Year Ended March 31, 2021
    At March 31, 2021, Aethlon Medical had a cash balance of approximately $9.9 million.
  • The Company will hold a conference call today, Thursday, June 24, 2021 at 4:30 p.m. Eastern Time to review financial results and recent corporate developments.

Shift Adds Retail Veteran Jason Curtis As Chief Accounting Officer

Retrieved on: 
Thursday, June 24, 2021
Accounting, Financial accounting

SAN FRANCISCO, June 24, 2021 (GLOBE NEWSWIRE) -- Shift (NASDAQ: SFT), a leading end-to-end auto ecommerce platform that is transforming the used car industry with a technology-driven, hassle-free customer experience, today announced the appointment of Jason Curtis as Chief Accounting Officer.

Key Points: 
  • SAN FRANCISCO, June 24, 2021 (GLOBE NEWSWIRE) -- Shift (NASDAQ: SFT), a leading end-to-end auto ecommerce platform that is transforming the used car industry with a technology-driven, hassle-free customer experience, today announced the appointment of Jason Curtis as Chief Accounting Officer.
  • In this newly created role, Curtis will be responsible for all accounting and SEC reporting functions.
  • Curtiss extensive public company finance and accounting experience in the retail industry will support Shifts rapid growth.
  • We are excited to welcome Jason as our first Chief Accounting Officer, said Toby Russell, Shifts co-founder and co-CEO.

Aspen Group Announces Record Revenues of $19.1 Million as Growth Rate Improved to 35% in Fiscal Fourth Quarter 2021

Retrieved on: 
Wednesday, June 23, 2021
Financial accounting, Fiscal year

1Audited full-year fiscal revenue for the year ended April 30, 2021, to be reported on July 13, 2021.

Key Points: 
  • 1Audited full-year fiscal revenue for the year ended April 30, 2021, to be reported on July 13, 2021.
  • "We finished fiscal 2021 fourth quarter on a high note with 35% revenue growth.
  • We exited fiscal year 2021 with good momentum, highlighted by year-over-year enrollments and bookings growth of 22% and 29%, respectively, providing a platform for solid growth.
  • Fiscal 2021 Fourth Quarter Earnings Conference Call Details:
    Aspen Group will host a conference call to discuss its fourth quarter and full-year fiscal 2021 financial results and business outlook on Tuesday, July 13, 2021, at 4:30 p.m. (ET).Aspen Group will issue a press release reporting results after the market closes on that day.

Calibre Announces GDXJ Index Inclusion and Management Changes

Retrieved on: 
Tuesday, June 22, 2021
Accounting, Financial accounting, Chartered Professional Accountant, Corporate governance, Business, Articles, Economy

Calibre was added to the GDXJ Index on June 18, 2021.

Key Points: 
  • Calibre was added to the GDXJ Index on June 18, 2021.
  • In addition to the inclusion into the GDXJ, Calibre is pleased to announce the appointment of David Londono as the new General Manager for the Limon Mine Complex.
  • David has over 35 years of experience in the mining industry, including significant work in mine management and optimization.
  • Mr. Santos is a Chartered Professional Accountant with over 20 years of experience in accounting, financial management and reporting, corporate governance, treasury management and mergers and acquisitions.

AMMO, INC. SETS FISCAL 2021 EARNINGS CALL

Retrieved on: 
Monday, June 21, 2021
Financial accounting, Fiscal year

The Company is also confirming 2021 Fiscal Year revenue guidance of $62 million, representing year-over-year projected revenue growth of 319%.

Key Points: 
  • The Company is also confirming 2021 Fiscal Year revenue guidance of $62 million, representing year-over-year projected revenue growth of 319%.
  • Comparison for Fiscal Fourth Quarter 2021 vs. Fiscal Fourth Quarter 2020
    Revenue guidance for the quarter of $24 million a 400% increase in comparison to the $4.8 million for the Fiscal 2020 quarter.
  • Comparison for Fiscal Year End 2021 vs. Fiscal Year End 2020
    Revenue guidance for the fiscal year 2021 of $62 million a 319% increase in comparison to the $14.8 million for fiscal year end 2020.
  • When requested, please ask for AMMO, Inc. Fiscal 2021 Earnings Call.

Zimmer Energy Transition Acquisition Corp. Announces Closing of $345 Million Initial Public Offering Including Full Exercise of Underwriters’ Over-Allotment Option

Retrieved on: 
Friday, June 18, 2021
Alternative energy, Energy, Professional services, Finance, Corporate finance, Corporations, Financial economics, Finance, Equity securities, Mergers and acquisitions, Stock market, Consolidation, Financial accounting, Warrant, Stock

Each unit consists of one share of the Companys Class A common stock and one-third of one redeemable warrant.

Key Points: 
  • Each unit consists of one share of the Companys Class A common stock and one-third of one redeemable warrant.
  • Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share.
  • Zimmer Energy Transition Acquisition Corp. was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and search for an initial business combination.

CSE Bulletin: Consolidation - New Wave Holdings Corp. (SPOR)

Retrieved on: 
Friday, June 18, 2021
Mergers and acquisitions, Financial accounting, Concentration of media ownership, Imperfect competition, Consolidation, Memory consolidation, Academic disciplines

Toronto, Ontario--(Newsfile Corp. - le 17 juin/June 2021) - New Wave Holdings Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidation common share for every twenty (20) pre-consolidation common shares.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - le 17 juin/June 2021) - New Wave Holdings Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidation common share for every twenty (20) pre-consolidation common shares.
  • As a result, the outstanding shares of the company will be reduced to approximately 5,984,245 common shares.
  • Please note that all open orders will be cancelled at the close of business on June 17, 2021.
  • New Wave Holdings Corp. a annonc une consolidation de ses actions ordinaires mises et en circulation sur la base d'une (1) action ordinaire post-consolidation pour vingt (20) actions ordinaires pr-consolidation.