Earnings before interest, taxes, depreciation, and amortization

Barfresh Provides Second Quarter 2020 Results and Update on Recent Business Expansion

Retrieved on: 
Thursday, August 13, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit

Revenue for the second quarter of 2020 was $506,000, compared to $1.4 million in the second quarter of 2019.

Key Points: 
  • Revenue for the second quarter of 2020 was $506,000, compared to $1.4 million in the second quarter of 2019.
  • Gross margin for the second quarter of 2020 was 23%, compared to last years second quarter gross margin of 62%.
  • Operating loss for the second quarter of 2020 was relatively in-line with the prior year quarter at $1.1 million.
  • Adjusted EBITDA increased to a loss of $888,000 for the second quarter of 2020, compared to a loss of $705,000 for the second quarter of 2019.

HyreCar Announces Second Quarter 2020 Results

Retrieved on: 
Thursday, August 13, 2020
Other Transport, Fleet management, Transport, General Automotive, Automotive, Finance, Fundamental analysis, Money, Profit, Earnings before interest, taxes, depreciation, and amortization, Private equity, Financial ratio, Reconciliation, Economy

By providing a unique opportunity through our safe, secure, and reliable marketplace, HyreCar is transforming the industry by empowering all to profit from TaaS.

Key Points: 
  • By providing a unique opportunity through our safe, secure, and reliable marketplace, HyreCar is transforming the industry by empowering all to profit from TaaS.
  • HyreCar cannot guarantee future results, events, levels of activity, performance or achievements.
  • HYRE uses the non-GAAP financial measures in evaluating its operating results and for financial and operational decision-making purposes.
  • The following table provides a reconciliation of net loss to Adjusted EBITDA for the three and six months ended June 30, 2020 and 2019:

DGAP-News: home24 SE: home24 reports very strong Q2 2020, achieves positive adjusted EBITDA on a twelve-month basis and upgrades its guidance for FY 2020

Retrieved on: 
Thursday, August 13, 2020
Fundamental analysis, Earnings before interest, taxes, depreciation, and amortization, Private equity, Profit

home24 SE: home24 reports very strong Q2 2020, achieves positive adjusted EBITDA on a twelve-month basis and upgrades its guidance for FY 2020

Key Points: 
  • home24 SE: home24 reports very strong Q2 2020, achieves positive adjusted EBITDA on a twelve-month basis and upgrades its guidance for FY 2020
    The issuer is solely responsible for the content of this announcement.
  • home24 reports very strong Q2 2020, achieves positive adjusted EBITDA on a twelve-month basis and upgrades its guidance for FY 2020
    Order intake increased by 71% in Q2 2020 on a currency-adjusted level, despite flat marketing expenses, compared to Q2 2019.
  • Profitability improvement of 18%-points in adjusted EBITDA profitability year-over-year in Q2 2020, with adjusted EBITDA margin at 8%, as operative scale effects materialize.
  • Berlin, 13 August 2020 - In Q2 2020, home24 SE ("home24", the "Company") posted the best quarter in the Company's history.

Pioneer Marine Inc. Announces Financial Results for the Second Quarter and Six Months Ended June 30, 2020

Retrieved on: 
Thursday, August 13, 2020
Articles, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Coronavirus disease, Pandemic

Given these exceptional circumstances, Pioneer remained focused on delivering the best possible results taking advantage of the Companys solid fundamentals and reported a positive EBITDA of $0.8 million for the second quarter of 2020 and $3.3 million for the six months ended June 30, 2020.

Key Points: 
  • Given these exceptional circumstances, Pioneer remained focused on delivering the best possible results taking advantage of the Companys solid fundamentals and reported a positive EBITDA of $0.8 million for the second quarter of 2020 and $3.3 million for the six months ended June 30, 2020.
  • On March 11, 2020, the World Health Organization declared the 2019 Novel Coronavirus (the COVID-19) outbreak a pandemic.
  • Financial Review: Three months ended June 30, 2020
    Adjusted EBITDA totalled $0.8 million for the quarter, decreased as compared to second quarter of 2019 by $1.6 million.
  • TCE rate of $5,101 for the second quarter of 2020, decreased by 20% compared to TCE rate of the same period in 2019.

Tecogen Announces Second Quarter 2020 Results

Retrieved on: 
Thursday, August 13, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit

Gross profit for the second quarter of 2020 was $2.91 million compared to $3.43 million in the second quarter of 2019.

Key Points: 
  • Gross profit for the second quarter of 2020 was $2.91 million compared to $3.43 million in the second quarter of 2019.
  • Net loss was $654 thousand for the second quarter of 2020, compared to $357 thousand for the same period in 2019.
  • Cash and cash equivalents at the end of the second quarter 2020 of $2.86 million compared to $878 thousand at the end of 2019, an increase of 226%
    Adjusted EBITDA(1) was negative $363 thousand for the second quarter of 2020 compared to negative $205 thousand for the second quarter of 2019.
  • Participants should ask to be joined to the Tecogen Second Quarter 2020 earnings call.

Where Food Comes From, Inc. Reports 2020 Second Quarter and Six-Month Financial Results

Retrieved on: 
Thursday, August 13, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit

Second Quarter Results 2020 vs. 2019

Key Points: 
  • Second Quarter Results 2020 vs. 2019
    Revenue in the second quarter ended June 30, 2020, decreased 10% to $4.4 million from $4.9 million in the same quarter last year.
  • Selling, general and administrative expense decreased 3% in the second quarter to $1.6 million from $1.7 million in the same quarter last year.
  • Adjusted EBITDA in the second quarter decreased 5% to $782,000 from $824,000 in the same quarter last year.
  • Financial results for the second quarter and six-month period are not necessarily indicative of future results.

CloudMD Signs Definitive Agreement to Acquire Majority Interest in West Mississauga Medical Clinic

Retrieved on: 
Thursday, August 13, 2020
Articles, Finance, Money, Fundamental analysis, Profit, Earnings before interest, taxes, depreciation, and amortization, Private equity, Amortization, Mississauga, Telehealth

VANCOUVER, British Columbia, Aug. 13, 2020 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the Company or CloudMD), a telemedicine company revolutionizing the delivery of healthcare to patients, announces today that is has entered into a Share Purchase Agreement to acquire a majority interest West Mississauga Medical Ltd. (West Mississauga Medical), a comprehensive family medicine and specialist medical clinic with 8 family doctors and 4 specialists serving over 100,000 patients.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 13, 2020 (GLOBE NEWSWIRE) -- CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the Company or CloudMD), a telemedicine company revolutionizing the delivery of healthcare to patients, announces today that is has entered into a Share Purchase Agreement to acquire a majority interest West Mississauga Medical Ltd. (West Mississauga Medical), a comprehensive family medicine and specialist medical clinic with 8 family doctors and 4 specialists serving over 100,000 patients.
  • As previously announced, on June 16, 2020, the Company entered into a binding term sheet with West Mississauga Medical to acquire 51% of the business, assets and operations.
  • West Mississauga Medical is a well-established medical clinic that has served its community for over 16 years and remained open throughout the COVID-19 pandemic seeing patients via telemedicine and in-person.
  • The acquisition will be immediately accretive to CloudMD as West Mississauga Medical generated more than $1.8 million in revenues with earnings before interest, taxes, depreciation, and amortization (EBITDA) margins exceeding 11% over the last fiscal year ending December 2019.

GrowGeneration Reports Record Financial Results Q2 2020

Retrieved on: 
Thursday, August 13, 2020
Finance, Income, Income statement, Earnings before interest, taxes, depreciation, and amortization, Money, Economy

The Company also reported record GAAP net income of approximately $2.6 million for Q2 2020 compared to net income of $1.1 Million for Q2 2019.

Key Points: 
  • The Company also reported record GAAP net income of approximately $2.6 million for Q2 2020 compared to net income of $1.1 Million for Q2 2019.
  • Same store sales were $25.1 million for Q2 2020 vs $16.9 million for Q2 2019, a 49% increase
    Adjusted EBITDA of $4.6 million for Q2 2020 vs $1.7 million for Q2 2019, an increase of 166%, $.12 per share, basic
    Gross profit was $11.6 million for Q2 2020 vs $5.8 million for Q2 2019, an increase of 99%
    Store operating costs as a percentage of sales was 9.2% for Q2 2020 vs 14% for Q2 2019, a decrease of 34%
    Income from store operations was $7.6 million for Q2 2020 vs $3.1 million for Q2 2019, an increase of 146%
    GAAP net income per share, basic, was $.07 for Q2 2020 vs $.04 for Q2 2019
    Working capital was $35.2 million on June 30, 2020 vs $30.6 million at December 31, 2019
    Cash on June 30, 2020 is $14.8 million, cash on December 31, 2019 was $12.98 million, and cash as of August 12, 2020 was $59.3 million
    On July 2, 2020, the Company completed the offering of 8,625,000 shares of its common stock generating $48.3 million in gross proceeds before deducting the underwriting discounts and commissions and other offering expenses.
  • Adjusted EBITDA was $4.6 million for Q2 2020 compared to $1.7 million for Q2 2019, an increase of 166% or $.12 per share, basic.
  • Income from store operations was $7.6 million for Q2 2020 vs $3.1 million for Q2 2019, an increase of 146%.

DGAP-News: Metalcorp Group proves its resilience during the COVID-19 pandemic in the first half of 2020; full year results expected to be in line with 2019

Retrieved on: 
Thursday, August 13, 2020
Articles, Health, Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, COVID-19 pandemic, Infectious diseases

Metalcorp Group proves its resilience during the COVID-19 pandemic in the first half of 2020; full year results expected to be in line with 2019

Key Points: 
  • Metalcorp Group proves its resilience during the COVID-19 pandemic in the first half of 2020; full year results expected to be in line with 2019
    The issuer is solely responsible for the content of this announcement.
  • The company's priority was to ensure the safety of its people and maintain operations at the same time.
  • Metalcorp is grateful for the tremendous effort of its teams and the support of its customers and suppliers which enabled the Group to achieve this.
  • Based on current order intake, the company expects in the fiscal year 2020 an EBITDA in line or above 2019.

Algeco Releases Second Quarter 2020 Financial Report: Strong Financial Performance Driven by Continued Progress Against Strategic Objectives

Retrieved on: 
Thursday, August 13, 2020
Fundamental analysis, Profit, Earnings before interest, taxes, depreciation, and amortization, Private equity, Password, Articles

Utilisation rose to 83% at the end of the second quarter while units on rent increased by 4,200 in the quarter excluding acquisitions.

Key Points: 
  • Utilisation rose to 83% at the end of the second quarter while units on rent increased by 4,200 in the quarter excluding acquisitions.
  • Organic EBITDA increased 10% (6m) driven by continued progress against Algeco's strategic objectives.
  • Mark Higson, Algeco's Chief Executive Officer, said:"Algeco delivered a strong second quarter for 2020, despite tough market conditions.
  • Algeco has posted its second quarter 2020 financial report and slide presentation to accompany the second quarter 2020 financial results conference call (scheduled for Thursday 13 August 2020 at 3.00pm BST, 10.00am Eastern Time) at https://www.algeco.com/investors/financial-reports.html that includes a password-protection feature.