Yoy

TransUnion Report Indicates Suspected Digital Fraud in Nearly 14% of All Newly Created Global Digital Accounts in 2023

Retrieved on: 
Thursday, March 21, 2024
Travel, TRU, Yoy, TransUnion, Cryptocurrency

The study showed that 13.5% of transactions associated with online account creation were suspected to be digital fraud globally in 2023.

Key Points: 
  • The study showed that 13.5% of transactions associated with online account creation were suspected to be digital fraud globally in 2023.
  • Among the industries that saw the highest percentage of digital account creation transactions suspected to be digital fraud globally in 2023 were retail (44.7%), travel and leisure (36.0%) and video gaming (31.5%).
  • “This early phase new account digital fraud may represent a paradigm shift of sorts among fraudsters,” said Steve Yin, senior vice president and global head of fraud solutions at TransUnion.
  • This aligned with TransUnion’s digital fraud findings, which determined synthetic identity fraud was the fastest-growing type of digital fraud globally from 2022 to 2023.

VEON 4Q23 trading update: Strong organic growth in revenue and EBITDA, solid execution of VEON 2.0 strategy

Retrieved on: 
Thursday, March 21, 2024
VEON, Growth, Health, FY, Education, Capital expenditure, Yoy, Euronext Amsterdam, USD, HQ, Total, LTM, Cryptocurrency

In 4Q23, VEON continued to report growth in revenues in reported currency terms with double digit local currency top-line growth.

Key Points: 
  • In 4Q23, VEON continued to report growth in revenues in reported currency terms with double digit local currency top-line growth.
  • Total revenues reached USD 953 million, an increase of 1.4% YoY in reported currency (+17.9% YoY in local currency normalised for one-offs).
  • VEON has announced its full-year revenue guidance of 16-18% growth in local currency, EBITDA guidance of 18%-20% growth, and outlook for the Group’s capex intensity for 2024 year at 18%-19%.
  • We are pleased to guide the market for continued strong and profitable growth in 2024, maintaining our focus on financial discipline and balance sheet management.”

Epsilon Energy Ltd. Announces Full Year 2023 Results

Retrieved on: 
Wednesday, March 20, 2024
Permian, United States Treasury security, Natural gas, NRI, FCF, EPSN, Acquisition, Adjustment, Yoy, Investment, DeGolyer and MacNaughton, Everette Lee DeGolyer, Barrel (unit), Cryptocurrency

HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported its financial results for the fourth quarter and full-year ended December 31, 2023.

Key Points: 
  • HOUSTON, March 20, 2024 (GLOBE NEWSWIRE) -- Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today reported its financial results for the fourth quarter and full-year ended December 31, 2023.
  • Epsilon’s highlights for full-year 2023 include:
    Net revenue interest (NRI) total production of 9.0 Bcfe (24.6 MMcfe per day) for the year ended December 31, 2023.
  • Free cash flow (FCF) before changes in working capital of $2.7 million for the year ended December 31, 2023.
  • The Texas wells came online in October 2023 and the New Mexico wells came online in May 2023.

fabric and Bounteous x Accolite Deliver Blueprint to Power “Store of the Future”

Retrieved on: 
Monday, March 18, 2024
Unify, Partnership, Risk, OMS, Yoy, Investment, Commerce, Future, Online shopping

Together, fabric and Bounteous x Accolite will deliver a composable commerce framework that lays the groundwork for retailers to enable the ultimate store of the future.

Key Points: 
  • Together, fabric and Bounteous x Accolite will deliver a composable commerce framework that lays the groundwork for retailers to enable the ultimate store of the future.
  • “By partnering with Bounteous on the Composable Commerce Accelerator, we're not just envisioning the Store of the Future – we're building it with a proven approach.
  • “Bounteous x Accolite and fabric have developed a strategic approach for the future of e-commerce and omnichannel, rooted in our joint customer success.
  • To get there quickly, we’ve combined the power of the fabric platform with the proven methodologies of countless implementations with Bounteous.

EHang Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Friday, March 15, 2024
PIN, Transport, Unmanned aerial vehicle, Investment, Aircraft, Telefónica, Telecommunications, Marketing, Research, CAAC, Certification, Partnership, Cluster, Bureau, Smart, SAVI, City, AC, UAM, Quarter, Economic development, AS9100, TC, Tourism, Telephone, UAV, Acquisition, Yoy, Sport, Counties of China, Television, PC, Growth, Urban Air Mobility, Operating cost, Local government, Life, Atmosphere, EIH, GAC Group, Government, European, Total, Video game

During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.

Key Points: 
  • During the fourth quarter of 2023, in which the EH216-S obtained the TC, the Company generated positive cash flow from operations.
  • EHang has delivered 15 units of EH216-S to Hefei in the fourth quarter of 2023.
  • Costs of revenues were RMB20.0 million (US$2.8 million), compared with RMB5.3 million in the fourth quarter of 2022 and RMB10.1 million in the third quarter of 2023.
  • Total operating expenses were RMB114.5 million (US$16.1 million), compared with RMB104.0 million in the fourth quarter of 2022, and RMB89.8 million in the third quarter of 2023.

EverCommerce Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024
Growth, Sale, Adjustment, Yoy, GAAP, Hand, Video game

DENVER, March 14, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading service commerce platform, today announced financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • DENVER, March 14, 2024 (GLOBE NEWSWIRE) -- EverCommerce Inc. ("EverCommerce" or the "Company") (NASDAQ: EVCM), a leading service commerce platform, today announced financial results for the quarter and year ended December 31, 2023.
  • YoY Pro forma revenue growth rate of approximately 4.3% for the quarter ended December 31, 2023.
  • Adjusted EBITDA was $43.1 million for the quarter ended December 31, 2023, compared to $35.2 million for the quarter ended December 31, 2022.
  • EverCommerce’s management team will hold a conference call to discuss our fourth quarter and full year 2023 results and outlook today, March 14, 2024, at 5:00 p.m.

Lily AI Closes $20M Series B-1 Funding Round

Retrieved on: 
Thursday, March 14, 2024
E-commerce, ROI, Lilium, General partnership, J.Crew, AI, Housing, Yoy, Engineering, Commerce, Traction, NEA, Abercrombie & Fitch, ALC

The Lily AI Series B-Prime investment comes 18 months after its initial Series B round; customers have quadrupled during that time resulting from adoption of the Company’s core product attribution platform as well as generative AI solutions such as the recently announced content generation product.

Key Points: 
  • The Lily AI Series B-Prime investment comes 18 months after its initial Series B round; customers have quadrupled during that time resulting from adoption of the Company’s core product attribution platform as well as generative AI solutions such as the recently announced content generation product.
  • Raised at a premium to its last financing, Lily AI will use this latest funding round to extend its leadership into international markets, expand its social and eCommerce platform integrations, and accelerate the engineering team’s ability to ship enterprise-grade AI solutions across the retail value chain.
  • “There is tremendous momentum in the market and we are seeing increased demand from retailers looking to leverage proven AI to enhance customer experiences and improve business efficiency,” said Purva Gupta, Co-founder and Chief Executive Officer, Lily AI.
  • “We’ve benefitted from visionary and supportive investors from day one and are fortunate to continue that trend with Conductive Ventures leading this latest round.

Arq Reports Fourth Quarter & Full Year 2023 Results

Retrieved on: 
Tuesday, March 12, 2024
Carbon, Consultant, Natural gas, Growth, PFAS, Filtration, International, Domestic, Capital expenditure, Acquisition, G&A, Capital, Public expenditure, LSR, Adjustment, EPA, Yoy, Engineering, GAAP, Hand, Economics, GAC, Video game

GREENWOOD VILLAGE, Colo., March 12, 2024 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced its financial and operating results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • "We delivered fourth quarter results that clearly evidence the improving profitability of our existing business.
  • Cost of revenues totaled $14.1 million for the fourth quarter of 2023, compared to $17.5 million in the prior year period.
  • Other operating expenses totaled $10.9 million for the fourth quarter of 2023, compared to $9.3 million in the prior year period.
  • Interest expense was $0.9 million for the fourth quarter of 2023, compared to $0.1 million in the prior year period.

Flexera 2024 State of the Cloud: Managing Cloud Spending is the Top Challenge of Cloud Computing, while AI, FinOps, Security and Sustainability Demand Attention

Retrieved on: 
Tuesday, March 12, 2024
Cloud, Microsoft, Azure, Attention, Google Cloud, Organization, Software as a service, Platform as a service, Data analysis, Oracle Cloud, Alibaba Cloud, IBM, Carbon, AWS, Thought, Amazon Web Services, Yoy, Google Cloud Platform, Video game

The thirteenth annual Flexera State of the Cloud Report explores the thinking of 753 respondents from a survey conducted in late 2023.

Key Points: 
  • The thirteenth annual Flexera State of the Cloud Report explores the thinking of 753 respondents from a survey conducted in late 2023.
  • Organizations are navigating economic uncertainties by investing in generative AI, security and sustainability while prioritizing cost management,” said Brian Adler, Senior Director, Cloud Market Strategy at Flexera.
  • FinOps practices and cloud centers of excellence are growing as companies move toward centralized, strategic cloud management.”
    Managing cloud spending remains the top challenge over security: This year marks the second year in which managing cloud spending is the top challenge facing organizations.
  • In contrast, Oracle Cloud Infrastructure, IBM and Alibaba Cloud usage is substantially lower and relatively unchanged compared to the previous year.

Tradeweb Reports March 2024 Total Trading Volume of $36.2 Trillion and Average Daily Volume of $1.81 Trillion

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Technology, Data Analytics, Finance, Software, Banking, MTF, TBA, EUR, RFM, Growth, ETF, RFQ, Credit, Federal, Yoy, ADV

European government bond volumes continued to be strong in March, with strong growth in average daily trading volume in the institutional EUR and UK Gilts businesses.

Key Points: 
  • European government bond volumes continued to be strong in March, with strong growth in average daily trading volume in the institutional EUR and UK Gilts businesses.
  • Primary market issuance remained robust across Europe and the UK, which generated heavy trading activity from all client types using a wide range of trading protocols.
  • Strong U.S. credit volumes were driven by increased client adoption of Tradeweb protocols, most notably in request-for-quote (RFQ), portfolio trading and Tradeweb AllTrade®.
  • Record European credit volumes were supported by continued growth in client use of Tradeweb Automated Intelligent Execution (AiEX) and portfolio trading.