Net income

The AZEK Company Announces Fourth Quarter and Full-Year Fiscal 2023 Results

Retrieved on: 
Tuesday, November 28, 2023

The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim and StruXure™ pergolas, today announced financial results for its fourth quarter ended September 30, 2023.

Key Points: 
  • The AZEK Company Inc. (NYSE: AZEK) (“AZEK” or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and railing, Versatex® and AZEK® Trim and StruXure™ pergolas, today announced financial results for its fourth quarter ended September 30, 2023.
  • “The AZEK team delivered strong results this quarter including 27.6% net sales growth year-over-year, a net profit margin of 11.0% and a record fourth quarter Adjusted EBITDA Margin of 27.4%.
  • Our Residential business grew 37.6% in the fourth quarter and 4.6% year-over-year, delivering an eighth straight year of net sales growth,” said Jesse Singh, CEO of The AZEK Company.
  • “I would once again like to thank the entire AZEK team and our partners that support The AZEK Company for each of their contributions to this year’s results,” said Mr. Singh.

Grupo Supervielle Reports 3Q23 Results

Retrieved on: 
Monday, November 27, 2023

Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (“Supervielle” or the “Company”) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and nine-months period ended September 30, 2023.

Key Points: 
  • Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), (“Supervielle” or the “Company”) a universal financial services group headquartered in Argentina with a nationwide presence, today reported results for the three and nine-months period ended September 30, 2023.
  • Starting 1Q20, the Company began reporting results applying Hyperinflation Accounting, in accordance with IFRS rule IAS 29 (“IAS 29”) as established by the Central Bank.
  • Commenting on third quarter 2023 results, Patricio Supervielle, Grupo Supervielle’s Chairman & CEO, noted: “We are pleased to report another quarter with improved profitability and ROAE reaching 18.5% in real terms.
  • On an accumulated basis, we delivered solid results, with ROE in real terms improving to 13% from negative 5% in the year-ago period.

Atkore Inc. Announces Fourth Quarter 2023 Results

Retrieved on: 
Friday, November 17, 2023

Gross profit decreased by $113.0 million to $301.5 million for the fourth quarter of 2023, as compared to $414.5 million for the prior-year period.

Key Points: 
  • Gross profit decreased by $113.0 million to $301.5 million for the fourth quarter of 2023, as compared to $414.5 million for the prior-year period.
  • Adjusted EBITDA decreased $93.1 million, or 28.6%, to $232.0 million for the fourth quarter of 2023, as compared to $325.1 million for the prior-year period.
  • Net income per diluted share was $3.63 for the fourth quarter of 2023, a decrease of $1.55 from the prior-year period.
  • Adjusted net income per diluted share was $4.21 per share for the fourth quarter of 2023 compared to $5.52 for the prior-year period.

Axis Reports Q1 2024 Financial Results

Retrieved on: 
Wednesday, November 15, 2023

Axis Auto Finance Inc. (“Axis” or the “Company”) ( TSX: AXIS ), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the first quarter of fiscal 2024 ending September 30, 2023.

Key Points: 
  • Axis Auto Finance Inc. (“Axis” or the “Company”) ( TSX: AXIS ), a rapidly growing financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the first quarter of fiscal 2024 ending September 30, 2023.
  • The $11.2 million in first quarter automotive loan originations were entirely owned and on balance sheet, as Axis did not originate any near prime volumes managed for Westlake Financial Services (“Westlake”).
  • Equipment finance origination volumes in the quarter were $24.6 million, down 17% from $29.6 million in the comparable quarter of 2023.
  • Axis Reconciliation(3) of Net Income (Loss) to Adjusted Earnings (Loss) – First Quarter & Year to Date September 30, 2023

Corporacion America Airports Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 15, 2023

Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by total revenues.

Key Points: 
  • Adjusted EBITDA Margin is calculated by dividing Adjusted EBITDA by total revenues.
  • Adjusted EBITDA excluding Construction Service (“Adjusted EBITDA ex-IFRIC”) is defined as income for the period before construction services revenue and cost, financial income, financial loss, income tax expense, depreciation and amortization.
  • Percentage variations ex-IAS 29 figures compare results as presented in the prior year quarter before IAS 29 came into effect, against ex-IAS 29 results for this quarter as described above.
  • The impact from “Hyperinflation Accounting in Argentina” is described in more detail page 25 of this report.

Alithya reports second quarter fiscal 2024 results

Retrieved on: 
Tuesday, November 14, 2023

"Our second quarter fiscal 2024 results reflect progress on gross margin performance and a continued focus on reducing selling, general, and administrative spending, both sequentially and year over year.

Key Points: 
  • "Our second quarter fiscal 2024 results reflect progress on gross margin performance and a continued focus on reducing selling, general, and administrative spending, both sequentially and year over year.
  • Our second quarter also encompasses historically slower summer months but our continued strong bookings and growing sales funnel are encouraging.
  • Revenues in Canada decreased by $7.1 million, or 9.5%, to $68.0 million for the three months ended September 30, 2023, from $75.1 million for the three months ended September 30, 2022.
  • More specifically, Alithya has established a three-pronged plan focusing on:
    Increasing scale through organic growth and complementary acquisitions;

MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow. Company Notably Increased Market Share and Customer Base

Retrieved on: 
Wednesday, December 13, 2023

MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow.

Key Points: 
  • MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow.
  • Company Notably Increased Market Share and Customer Base
    MGI - Media and Games Invest SE: Resilient Organic Revenue Growth of 1%, EBITDA Margin Increased to 29% with Strong Free Cashflow.
  • Operating Cashflow amounted to 27.8 mEUR in Q3 2023 (Q3 2022: 22.2 mEUR)
    Operating Cashflow increased by 25% year-over year.
  • MGI increased its total Software Client base by 9%, building a strong base for organic growth in coming periods.

ADMA Biologics Announces Third Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Wednesday, November 8, 2023

ET

Key Points: 
  • ET
    RAMSEY, N.J. and BOCA RATON, Fla., Nov. 08, 2023 (GLOBE NEWSWIRE) -- ADMA Biologics, Inc. (Nasdaq: ADMA) (“ADMA” or the “Company”), an end-to-end commercial biopharmaceutical company dedicated to manufacturing, marketing, and developing specialty plasma-derived biologics, today announced its third quarter 2023 financial results and provided a business update.
  • Third Quarter 2023 Milestones & Objectives:
    Increased Revenue Guidance for Full Years (FY) 2023, 2024, and 2025.
  • 2023 & Long-Term Financial Guidance:
    Updated 2023 Financial Guidance: ADMA now anticipates FY 2023 total revenues to exceed $250 million, increased from $240 million previously.
  • As a result, ADMA achieved a gross margin of 36.6% in the third quarter of 2023 as compared to 23.5% in the third quarter of 2022.

WM Technology, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, November 8, 2023

WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • WM Technology, Inc. (“WM Technology” or the “Company”) (Nasdaq: MAPS), a leading technology and software infrastructure provider to the cannabis industry, today announced its financial results for the third quarter ended September 30, 2023.
  • "We are pleased with our third quarter results as they reflect our commitment to operational efficiency in what continues to be constrained end markets," said Doug Francis, Executive Chair of WM Technology.
  • "I am proud of our team for their continued focus and discipline, allowing us to drive a strong bottom line this quarter."
  • Based on information available as of November 8, 2023, WM Technology is issuing guidance for the fourth quarter of 2023 as follows:
    Revenue is estimated to be $47 million.

 Group Financial Results as of September 30th 2023 Approved Solid Growth Performance in Line With Plan, With Continued EBITDA Margin Expansion

Retrieved on: 
Thursday, November 9, 2023

The Board of Directors of Nexi S.p.A. approved on November 8th the Group’s consolidated financial results as of September 30th 2023.

Key Points: 
  • The Board of Directors of Nexi S.p.A. approved on November 8th the Group’s consolidated financial results as of September 30th 2023.
  • In 9M23 the Group delivered revenues at € 2,448.8 million, +7.0% versus 9M22, and EBITDA at € 1,267.7 million, +10.2% versus 9M22.
  • 3Q23 EBITDA was at € 495.8 million, +8.0% versus 3Q22, with EBITDA Margin at 57%, up by 156 basis points compared to 3Q22.
  • Transactions value growth continued across the Group, primarily driven by international schemes, coupled with continued growth of number of terminals.