GAAP

EA Sports™ and Marvel Entertainment Collaborate to Bring Iconic Football Heroes Back to the Pitch in FIFA 23 Ultimate Team™

Retrieved on: 
Monday, August 15, 2022 - 4:00pm

Today, Electronic Arts Inc. (NASDAQ: EA) and Marvel Entertainment announced a collaboration to bring a new cast of FIFA Ultimate Team (FUT) Heroes to the pitch in EA SPORTS FIFA 23, reimagined and inspired by Marvel Comics.

Key Points: 
  • Today, Electronic Arts Inc. (NASDAQ: EA) and Marvel Entertainment announced a collaboration to bring a new cast of FIFA Ultimate Team (FUT) Heroes to the pitch in EA SPORTS FIFA 23, reimagined and inspired by Marvel Comics.
  • View the full release here: https://www.businesswire.com/news/home/20220815005255/en/
    The collaboration will include other vanity items related to the fan favorite heroes being immortalized as Marvel inspired Heroes, including tifos, kits, balls, and more*.
  • Players who pre-order the EA SPORTS FIFA 23 Ultimate Edition by August 21st will also receive a limited time FIFA World Cup Hero Item, alongside a host of other in-game benefits .
  • EA, EA SPORTS, and the EA SPORTS logo are trademarks of Electronic Arts Inc. FIFA and FIFA's Official Licensed Product Logo are copyrights and/or trademarks of FIFA.

AMMO, Inc. Announces Plan to Separate Ammunition and Marketplace Businesses into Two Independent Publicly Traded Companies

Retrieved on: 
Monday, August 15, 2022 - 1:30pm

Outdoor Online, Inc. (Outdoor Online) will be comprised of GunBroker.com and its related online businesses.

Key Points: 
  • Outdoor Online, Inc. (Outdoor Online) will be comprised of GunBroker.com and its related online businesses.
  • The Company expects to create these companies through a tax-free spin-off by AMMO of AOS.
  • As independent and separate companies, AMMO expects each will be better situated to be appropriately valued by the market.
  • The distribution is intended to be tax-free to both companies and their shareholders for U.S. federal income tax purposes.

VerifyMe Reports Significant Revenue Growth in Second Quarter 2022 Results

Retrieved on: 
Monday, August 15, 2022 - 1:00pm

Bear in mind that due to the timing of the acquisition PeriShip's results were roughly 9 weeks of the 12-week quarter.

Key Points: 
  • Bear in mind that due to the timing of the acquisition PeriShip's results were roughly 9 weeks of the 12-week quarter.
  • The increase in revenue is primarily related to the acquisition of the PeriShip business on April 22, 2022.
  • Our legacy VerifyMe Solutions segment revenue increased by $0.1 million or approximately 115%, primarily from new customers using our authentication serialization technology.
  • They may not be indicative of the historical operating results of VerifyMe nor are they intended to be predictive of potential future results.

Mondee Announces Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 15, 2022 - 12:00pm

*Note that second quarter 2022 financial results of Mondee do not give effect to the business combination with ITHAX.

Key Points: 
  • *Note that second quarter 2022 financial results of Mondee do not give effect to the business combination with ITHAX.
  • Mondee completed its business combination with ITHAX on July 18, 2022 and started trading on Nasdaq under the ticker MOND as of July 19, 2022.
  • Mondee will host a conference call today at 5:30 a.m. (PST) / 7:30 a.m. (CST) / 8:30 a.m. (EST) to discuss its financial results with the investment community.
  • We believe these non-GAAP financial measures provide investors and other users of our financial information consistency and comparability with our past financial performance and facilitate period-to-period comparisons of our results of operations.

Columbia Care Reports Second Quarter 2022 Results

Retrieved on: 
Monday, August 15, 2022 - 12:30pm

In addition, the Company expects sequential improvements in market level EBITDA margin in the range of 150-250 basis points per quarter compared to our YTD results.

Key Points: 
  • In addition, the Company expects sequential improvements in market level EBITDA margin in the range of 150-250 basis points per quarter compared to our YTD results.
  • At this time, Columbia Cares 2022 outlook does not assume any additional changes in the regulatory environment in markets where Columbia Care currently operates.
  • ET to discuss financial and operating results for the second quarter.
  • Columbia Care operates 131 facilities including 99 dispensaries and 32 cultivation and manufacturing facilities, including those under development.

DGAP-News: CORRECTING and REPLACING Generation Income Properties Announces Second Quarter 2022 Financial and Operating Results

Retrieved on: 
Saturday, August 13, 2022 - 3:00am

Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") today announced its financial and operating results for the period ended June 30, 2022.

Key Points: 
  • Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") today announced its financial and operating results for the period ended June 30, 2022.
  • Core FFO and Core AFFO are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real estate companies.
  • A complete reconciliation containing adjustments from GAAP net income to Core FFO and Core AFFO are included at the end of this release.
  • The Company will host its second quarter earnings conference call and audio webcast on Monday, August 15, 2022, at 9:00 a.m. Eastern Time.

DGAP-News: Generation Income Properties Announces Second Quarter 2022 Financial and Operating Results

Retrieved on: 
Saturday, August 13, 2022 - 12:01am

Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") today announced its financial and operating results for the period ended June 30, 2022.

Key Points: 
  • Generation Income Properties, Inc. (NASDAQ:GIPR) ("GIPR" or the "Company") today announced its financial and operating results for the period ended June 30, 2022.
  • Core FFO and Core AFFO are supplemental non-GAAP financial measures used in the real estate industry to measure and compare the operating performance of real estate companies.
  • The Company will host its second quarter earnings conference call and audio webcast on Monday, August 15, 2022, at 9:00 a.m. Eastern Time.
  • Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com.

POWER REIT PROVIDES CORPORATE UPDATE

Retrieved on: 
Friday, August 12, 2022 - 9:00pm

Old Bethpage, New York, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”), with a focused “Triple Bottom Line” strategy and a commitment to people, planet, and profit, is providing information regarding its quarterly financial performance, cannabis licensing at is Michigan greenhouse property and other portfolio updates. The information provided below includes highlights from its quarterly report and current business activities as reported on its Form 10Q filed with the SEC.

Key Points: 
  • The amendment was structured to maintain the same level of straight-line accounting for rent for Power REIT.
  • Once there is more certainty around the timing of the ability of the tenant to pay rent, Power REIT will resume recognition of revenue.
  • As previously announced, Power REIT entered into a Debt Facility with initial availability of $20 million with a 5.52% fixed interest rate.
  • Additional information about Power REIT can be found on its website: www.pwreit.com
    This document includes forward-looking statements within the meaning of the U.S. securities laws.

Atlantic American Corporation Reports Second Quarter Results for 2022

Retrieved on: 
Friday, August 12, 2022 - 7:03pm

Operating income (as defined below) increased $3.1 million in the three month period ended June 30, 2022 from the three month period ended June 30, 2021.

Key Points: 
  • Operating income (as defined below) increased $3.1 million in the three month period ended June 30, 2022 from the three month period ended June 30, 2021.
  • For the six month period ended June 30, 2022, operating income increased $6.1 million from the comparable period in 2021.
  • Atlantic American Corporation is an insurance holding company involved through its subsidiary companies in specialty markets of the life, health, and property and casualty insurance industries.
  • Note regarding non-GAAP financial measure: Atlantic American Corporation presents its consolidated financial statements in accordance with U.S. generally accepted accounting principles (GAAP).

FRMO Corp. Announces Results for Fiscal 2022 and Virtual Annual Meeting

Retrieved on: 
Friday, August 12, 2022 - 5:31pm

FRMO Corp. (the Company or FRMO) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2022, ended May 31, 2022.

Key Points: 
  • FRMO Corp. (the Company or FRMO) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2022, ended May 31, 2022.
  • Annual net income (loss) attributable to the Company in the fiscal year ended May 31, 2022 was $2,945,877, or $0.07 per share, compared to $60,158,194, or $1.37 per share, a year earlier.
  • Further details are available in the Companys Consolidated Financial Statements for the fiscal year ended May 31, 2022.
  • Murray Stahl, Chairman and CEO, and Steven Bregman, President and CFO, will host the 2022 Annual Meeting of Shareholders (Meeting) at 3:00 p.m.