Net operating loss

Sow Good Reports Strong Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, March 22, 2024
Cracker Barrel, Target, Gateway Group, Partnership, Candy, Acquisition, Table, Stock, Net operating loss, Adjustment, SKU, GAAP, OTCQB, Video game

IRVING, Texas, March 22, 2024 (GLOBE NEWSWIRE) -- Sow Good Inc. (OTCQB: SOWG) (“Sow Good” or “the Company”), a trailblazer in the freeze dried candy and treat industry, is reporting financial and operating results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • “Our strong 2023 results reflect our swift momentum and progress as a first mover in the freeze dried candy space,” said Claudia Goldfarb, CEO of Sow Good.
  • Same Year-Ago Quarter
    Revenue in the fourth quarter of 2023 increased significantly to $9.5 million compared to $47.1 thousand in the fourth quarter of 2022.
  • Operating expenses in the fourth quarter of 2023 were $1.6 million compared to $6.4 million in the fourth quarter of 2022.
  • Sow Good will conduct a conference call today at 10:00 A.M. Eastern time to discuss its results for the fourth quarter and full year ended December 31, 2023.

Entrada Therapeutics Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Administration, Patient, Regulatory affairs, Research, G&A, EMA, Doctor of Philosophy, DM1, Completeness, Health Canada, Senior, Net operating loss, IND, MHRA, Research and development, Duchenne muscular dystrophy, Clinical trial, Data management, Therapy, Vertex Pharmaceuticals, FDA, DMD, Medication, Pharmaceutical industry

BOSTON, March 13, 2024 (GLOBE NEWSWIRE) -- Entrada Therapeutics, Inc. (Nasdaq: TRDA) is a clinical-stage biopharmaceutical company aiming to transform the lives of patients by establishing a new class of medicines that engage intracellular targets that have long been considered inaccessible. The Company today reported financial results for the fourth quarter and full year ending December 31, 2023, and highlighted recent business updates.

Key Points: 
  • The Company today reported financial results for the fourth quarter and full year ending December 31, 2023, and highlighted recent business updates.
  • “We continue to make significant progress advancing our growing pipeline of intracellular therapeutics,” said Dipal Doshi, Chief Executive Officer of Entrada Therapeutics.
  • Collaboration Revenue: Collaboration revenue was $41.8 million for the fourth quarter of 2023 and $129.0 million for the full year of 2023.
  • The G&A expenses in the fourth quarter of 2023 were lower than the fourth quarter of 2022 primarily due to a decrease in legal and consulting fees.

illumin Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 7, 2024
Investment, TSX, Growth, Adjustment, Entrepreneurship, Human, Income tax, Net operating loss, Video game

TORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- illumin Holdings Inc. (TSX: ILLM) (“illumin” or “Company”), a journey advertising technology company that empowers marketers to make smarter decisions about communicating with online consumers, today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Self-service revenue growth was driven by an increase in new illumin self-service customers and higher illumin self-service platform utilization.
  • illumin self-service revenue was $8.9 million in the quarter, up 75% from $5.1 million in the prior quarter and up 271% versus Q4 2022.
  • This represented 24% of revenue in the fourth quarter, up from 6% in the prior year period, and was driven largely by new customer relationships and by increased illumin platform utilization.
  • The Company onboarded 33 net new illumin self-service clients during the quarter similar to the prior quarter, reflecting sales initiatives targeting higher-spend clients and positioning the Company for further illumin self-service revenue growth in Q1 2024 on a year-over-year basis.

Biodesix Announces Fourth Quarter and Fiscal Year 2023 Results and Business Highlights

Retrieved on: 
Friday, March 1, 2024
Biotechnology, Pharmaceutical, Oncology, Health, Artificial Intelligence, Health Technology, Technology, Other Health, Total, Forecasting, Marketing, Growth, COVID-19 testing, GAAP, COVID-19, Webcast, COVID, Patient, Lung cancer, Bank statement, Net operating loss, Research, Depreciation, Pharmaceutical industry

Biodesix, Inc. (Nasdaq: BDSX), a leading diagnostic solutions and services company, today provided a corporate update and announced its financial and operating results for the fourth quarter and year ended December 31, 2023 (fiscal 2023).

Key Points: 
  • Biodesix, Inc. (Nasdaq: BDSX), a leading diagnostic solutions and services company, today provided a corporate update and announced its financial and operating results for the fourth quarter and year ended December 31, 2023 (fiscal 2023).
  • “I am exceptionally proud of the Biodesix team and our record of accomplishments in 2023,” said Scott Hutton, CEO of Biodesix.
  • I am very pleased with our significant progress on each of these goals.”
    Mr. Hutton continued, “The Biodesix team delivered 65% growth in Lung Diagnostic test volume for the full year 2023 and a sixth straight quarter of over 50% year-over-year growth, with the fourth quarter FY23 growing 54% over the fourth quarter of FY22.
  • Biodesix reported results are presented in accordance with generally accepted accounting principles in the United States (GAAP).

HealthLynked Announces Q3 & Year-to-Date 2023 Financial Results, Highlighted by 8% Revenue Growth and Net Income Turnaround

Retrieved on: 
Wednesday, November 15, 2023
Sale, Yoy, Collection, YTD, ARI, Partnership, Health, Net operating loss, Life insurance, Pharmaceutical industry, Airline

NAPLES, FL, Nov. 15, 2023 /PRNewswire/ -- HealthLynked Corp. (OTCQB: HLYK), a leader in the global healthcare network industry, announced its financial reporting for the quarter and nine-month period ending September 30, 2023.  The nine-month period was marked by revenue growth, operational efficiency, and a move toward profitability.

Key Points: 
  • HealthLynked Announces Q3 & Year-to-Date 2023 Financial Results, Highlighted by 8% Revenue Growth and Net Income Turnaround
    NAPLES, FL, Nov. 15, 2023 /PRNewswire/ -- HealthLynked Corp .
  • Revenue Increase: Achieved an 8% year-over-year (YoY) increase, totaling $4.796 million, compared to $4.45 million in the same period of 2022.
  • Revenue growth was fueled by additional concierge fees and a steady increase in core technology subscription revenue.
  • Dramatic Net Loss Reduction: A 90% decrease in net loss from $1.78 million Q3 2022 to $0.17 million in Q3 2023, underscoring the effectiveness of our recent strategic initiatives.

SuperCom Reports 550% YoY EBITDA Growth and 5-Year-Record Net Profit for the Third Quarter 2023

Retrieved on: 
Tuesday, November 14, 2023
Ministry, EBITDA, Violence, Internet of things, GPS, Domestic violence, Capital, Compare Group, Computer security, Ordane Kanda-Kanyinda, Partnership, E-government, Interior, Net operating loss, House arrest, Growth, Tag (metadata), TEL, Ministry of home affairs, Companding, Working capital, LCA, Cryptocurrency, Tourism, Video game, Airline, Renewable energy, EM

TEL AVIV, Israel, Nov. 14, 2023 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, today reported financial and operating results for the three and nine months ended September 30, 2023. 

Key Points: 
  • Third Quarter Ended September 30, 2023, Financial Highlights (Compared to the Third Quarter of 2022)
    Revenue increased to $6.8 million from $6.3 million, marking a fifth consecutive quarter of year-over-year ("YoY") revenue growth.
  • Net Income improved 107% to $0.15 million compared to Net Loss of ($2.2) million.
  • Non-GAAP Net Profit improved 256% to $1.6 million compared to Net Loss ($1.0) million.
  • A 5-year record net profit, remarkable 550% growth in EBITDA and 74% growth in gross profit margins are clear indicators of the successful execution of our growth strategy.

Mountain Province Diamonds Announces Third Quarter and Nine Months Ended September 30, 2023 Results

Retrieved on: 
Thursday, November 9, 2023
EBITDA, United States dollar, Pressure, Net operating loss, Senior, Hope, Net, COVID-19, Public expenditure, Growth, WD Lab Grown Diamonds, Uncertainty, Capital, Capital expenditure, Adjustment, MPD, Scale Venture Partners, De Beers, Gahcho Kue Diamond Mine, JV, TSX, OTC, News, Rare-earth element, Reinsurance, Cryptocurrency, Maintenance (technical), Jewellery, Gemstone, Beauty salon, Potash, Clothing, Exploration

TORONTO, Nov. 9, 2023 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVDF) announces its financial and operating results for the third quarter ("Q3 2023") and nine months ended September 30, 2023.

Key Points: 
  • TORONTO, Nov. 9, 2023 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVDF) announces its financial and operating results for the third quarter ("Q3 2023") and nine months ended September 30, 2023.
  • 2,395,000 tonnes of ore treated in the nine months ended September 30, 2023; compared to the 2,274,000 tonnes treated for the nine months ended September 30, 2022.
  • Adjusted EBITDA2 of $123.3 million for the nine months ended September 30, 2023, compared to $153.8 million for the nine months ended September 30, 2022.
  • Earnings from mine operations for the nine months ended September 30, 2023 of $76.8 million (for the nine months ended September 30, 2022: $138.9 million).

Mountain Province Diamonds Announces Third Quarter and Nine Months Ended September 30, 2023 Results

Retrieved on: 
Thursday, November 9, 2023
EBITDA, United States dollar, Pressure, Net operating loss, Senior, Hope, Net, COVID-19, Public expenditure, Growth, WD Lab Grown Diamonds, Uncertainty, Capital, Capital expenditure, Adjustment, MPD, Scale Venture Partners, De Beers, Gahcho Kue Diamond Mine, JV, TSX, OTC, News, Rare-earth element, Reinsurance, Cryptocurrency, Maintenance (technical), Jewellery, Gemstone, Beauty salon, Clothing, Exploration

TORONTO, Nov. 9, 2023 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVDF) announces its financial and operating results for the third quarter ("Q3 2023") and nine months ended September 30, 2023. All figures are expressed in Canadian dollars unless otherwise noted.

Key Points: 
  • TORONTO, Nov. 9, 2023 /PRNewswire/ -- Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVDF) announces its financial and operating results for the third quarter ("Q3 2023") and nine months ended September 30, 2023.
  • 2,395,000 tonnes of ore treated in the nine months ended September 30, 2023; compared to the 2,274,000 tonnes treated for the nine months ended September 30, 2022.
  • Adjusted EBITDA2 of $123.3 million for the nine months ended September 30, 2023, compared to $153.8 million for the nine months ended September 30, 2022.
  • Earnings from mine operations for the nine months ended September 30, 2023 of $76.8 million (for the nine months ended September 30, 2022: $138.9 million).

LiveOne Reports Q2 Fiscal Year 2024 Revenue of $28.5M and Adjusted EBITDA* of $2.8M

Retrieved on: 
Thursday, November 9, 2023
Net operating loss, Event, EBITDA, Average cost, Securities and Exchange Commission (Nigeria), Software, Webcast, Capital expenditure, Car rental, LiveOne

PodcastOne revenue was $10.5 million, a 24% increase compared to revenue of $8.5 million in Q2 Fiscal 2023.

Key Points: 
  • PodcastOne revenue was $10.5 million, a 24% increase compared to revenue of $8.5 million in Q2 Fiscal 2023.
  • Q2 Fiscal 2024 Operating Loss was ($2.5) million compared to Operating Loss of ($1.0) million in Q2 Fiscal 2023.
  • Q2 Fiscal 2024 Adjusted EBITDA* of $2.8 million decreased as compared to Q2 Fiscal 2023 Adjusted EBITDA* of $4.4 million, which was primarily driven by settlements in the prior period.
  • Q2 Fiscal 2024 Adjusted EBITDA* was comprised of Slacker Adjusted EBITDA* of $5.0 million and PodcastOne Adjusted EBITDA* of $0.1 million.

 Biodesix Announces Third Quarter 2023 Results and Highlights

Retrieved on: 
Tuesday, November 7, 2023
Medical Devices, Health, Health Technology, Other Health, General Health, Biotechnology, Adjustment, COVID-19 testing, EBITDA, Test management, GAAP, Research, Bank statement, Net operating loss, Growth, COVID, COVID-19, Marketing, Webcast, Depreciation, Forecasting, Collection, Patient, Rare-earth element, Pharmaceutical industry, Bookkeeping, Medicare

“I am pleased to announce yet another impressive quarter of growth at Biodesix,” said Scott Hutton, President and Chief Executive Officer.

Key Points: 
  • “I am pleased to announce yet another impressive quarter of growth at Biodesix,” said Scott Hutton, President and Chief Executive Officer.
  • “The team delivered over 10,400 Lung Diagnostics tests, growing 60% over the 6,500 tests delivered in the third quarter of 2022, the fifth straight quarter of at least 60% year-over-year growth, and 6% improvement over second quarter 2023.
  • Our Biopharma Services business also had a strong quarter, growing 79% year-over-year and 181% over the second quarter.
  • Our third quarter Adjusted EBITDA was ($5.4) million, a 40% improvement over both the third quarter of 2022 and the second quarter of 2023.