Fiscal year

U.S. HOUSE OF REPRESENTATIVES SUPPORTS $20 MILLION FOR PANCREATIC CANCER RESEARCH FUNDING

Retrieved on: 
Friday, September 29, 2023
Pancreatic cancer, Department of Defence, Senate, Pancreatic Cancer Action Network, United States Department of Defense, Cancer, Appropriation bill, MBA, Research, Congress, National Cancer Institute, Patient, Representative, JD, Fiscal year, Federation, Louisiana House of Representatives, NCI, House, NIH, National Institutes of Health, Disease, Pharmaceutical industry, Defense

LOS ANGELES, Sept. 29, 2023 /PRNewswire/ -- The Pancreatic Cancer Action Network (PanCAN), a leading nonprofit in the fight against pancreatic cancer, is thrilled that the U.S. House of Representatives approved an amendment to the Defense Appropriations Bill, increasing funding for the dedicated Pancreatic Cancer Research Program at the Department of Defense (DoD) from $15 to $20 million for the new fiscal year in their version of the bill. In order for this funding increase to get enacted into law, the Senate will need to advance their version of the bill and the increase will need to be kept intact throughout conference negotiations between both chambers.

Key Points: 
  • With Leadership from Pancreatic Cancer Action Network (PanCAN) Champions in Congress, House Defense Appropriations Bill Passes with Increase to Pancreatic Cancer Research Program at Department of Defense
    LOS ANGELES, Sept. 29, 2023 /PRNewswire/ -- The Pancreatic Cancer Action Network (PanCAN), a leading nonprofit in the fight against pancreatic cancer, is thrilled that the U.S. House of Representatives approved an amendment to the Defense Appropriations Bill, increasing funding for the dedicated Pancreatic Cancer Research Program at the Department of Defense (DoD) from $15 to $20 million for the new fiscal year in their version of the bill.
  • As a result of PanCAN's ongoing advocacy efforts, the House Defense Appropriations committee included $15 million for the Pancreatic Cancer Research Program when the Fiscal Year (FY) 24 Defense Appropriations Act was reported out of committee.
  • The full House responded in support and the FY 24 Defense Appropriations Act was passed by the House with $20 million dedicated to pancreatic cancer research.
  • The House-approved funding increase is for the Pancreatic Cancer Research Program administered through the DoD's Congressionally Directed Medical Research Program (CDMRP).

5E Advanced Materials Applauds the U.S. Congress for its Acknowledgement and Support of Boron in the FY 2024 National Defense Authorization Act

Retrieved on: 
Friday, September 15, 2023
Ceramic, National security, United States House Armed Services Subcommittee on Intelligence and Special Operations, NDAA, Boron, ASX, Under Secretary of Defense for Acquisition and Sustainment, Language, Government, Critical infrastructure, National Defense Authorization Act, Congress, Representative, United States House Committee on Armed Services, Chief Management Officer of the Department of Defense, Acquisition, Fiscal year, Louisiana House of Representatives, United, House, Complex, Defense

2670 the FY24 NDAA was passed unanimously by the House Armed Services Committee on June 30, 2023.

Key Points: 
  • 2670 the FY24 NDAA was passed unanimously by the House Armed Services Committee on June 30, 2023.
  • Per the amendment, the language in the NDAA directs the Department of Defense to study the importance of boron to the U.S. defense and its supply chains.
  • This report is also expected to assess the vulnerabilities of boron supply chains and provide a detailed review of domestic producers and processors.
  • The House Armed Services Committee unanimously approved an amendment adding the boron legislation to the FY24 NDAA on June 30, 2023.

Transition to a new structure for the domestic power grids business toward the early realization of a carbon-neutral society and resilient electricity network in Japan, co-creating with customers new values

Retrieved on: 
Tuesday, May 23, 2023
High-voltage direct current, Maintenance, FY, GX, Electricity, Carbon, Quality control, Fiscal year, HVDC, TSE, GIS, Electric power, Renewable energy

Through the integration of the domestic power grids business and Hitachi Energy, Hitachi will provide customer with new values to realize a carbon-neutral society by leveraging Hitachi Energy's world-class technologies with Hitachi's digital technology including Lumada and the extensive experience from our domestic track record.

Key Points: 
  • Through the integration of the domestic power grids business and Hitachi Energy, Hitachi will provide customer with new values to realize a carbon-neutral society by leveraging Hitachi Energy's world-class technologies with Hitachi's digital technology including Lumada and the extensive experience from our domestic track record.
  • a. World-recognized value in power grids equipment such as high-voltage products including gas-insulated switchgear (GIS) portfolio and transformers, all supporting low environmental impact, optimization of maintenance cycles and digitalization.
  • Continue to provide high-quality services including front-end engineering, quality control, and maintenance backed by years of experience in Japan together with new digital solutions.
  • b. Aiming to realize the globalization of our business platform having aligned with customers in Japan and providing them with the value created in the global market.

Briefing on Capitol Hill Urges More Government Action and Investment in the Epilepsies

Retrieved on: 
Wednesday, May 24, 2023
Epilepsy, Seizure, FY, Capitol Hill, Traumatic brain injury, Research program, SCN8A, Quality of life, Human, Tuberous sclerosis, Research, Child, Doctor of Philosophy, Government, Organization, TSC, Congress, National Hospital for Neurology and Neurosurgery, Children's National Hospital, Patient, Epilepsy Foundation, Tuberous sclerosis complex tumor suppressors, Fiscal year, Letter, Neurology, Pharmaceutical industry, SUDEP

WASHINGTON, May 24, 2023 /PRNewswire/ -- In cooperation with the Congressional Epilepsy Caucus, organizations including the Epilepsy Foundation, Epilepsies Action Network, CURE Epilepsy, Rare Epilepsy Network and DEE-P Connections hosted a briefing on Capitol Hill on May 17 to educate about the epilepsies and call for more government action and investment in the epilepsies.

Key Points: 
  • WASHINGTON, May 24, 2023 /PRNewswire/ -- In cooperation with the Congressional Epilepsy Caucus, organizations including the Epilepsy Foundation, Epilepsies Action Network, CURE Epilepsy, Rare Epilepsy Network and DEE-P Connections hosted a briefing on Capitol Hill on May 17 to educate about the epilepsies and call for more government action and investment in the epilepsies.
  • (R-NC-3) and Jim Costa (D-CA-21) spoke about their personal connections to epilepsy and the importance of the caucus.
  • "My son developed epilepsy when he was 14 and it took us months to get the right treatment for him," said Congressman Murphy.
  • The annual total healthcare burden for people living with the epilepsies and/or seizures is at least $54 billion.

Great Elm Group Reports Fiscal 2023 Third Quarter Financial Results

Retrieved on: 
Friday, May 5, 2023
Executive, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., DME, REIT, Financial result, Sale, JPM, Durable medical equipment, Acquisition, Investment, Growth, Adjustment, Monomoy, GEG, Conference, Fiscal year, Cryptocurrency, Security (finance), Pharmaceutical industry, Bookkeeping

WALTHAM, Mass., May 05, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal third quarter ended March 31, 2023.

Key Points: 
  • WALTHAM, Mass., May 05, 2023 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. (“we,” “our,” “GEG,” “Great Elm,” or “the Company”), (NASDAQ: GEG), an alternative asset manager, today announced financial results for its fiscal third quarter ended March 31, 2023.
  • Peter Reed resigned as GEG’s Chief Executive Officer, effective immediately following the filing of GEG’s Form 10-Q for the fiscal quarter ended March 31, 2023.
  • Fee paying assets under management totaled $438.3 million as of March 31, 2023, approximately unchanged from December 31, 2022, and up approximately 7% fiscal year-to-date.
  • Jason Reese, Chief Executive Officer of the Company, stated, “In the third quarter of fiscal 2023, we completed the transformation of Great Elm Group to a simplified business focused on alternative asset management.

IHT INCOME DOUBLES

Retrieved on: 
Tuesday, May 2, 2023
Interest, Engineering, Hydrogen, Ethanol, InnSuites Hospitality, CARB, UPI, Allotment (travel industry), Estrone, IHT, Share repurchase, Book, NG, Water, Natural gas, Fiscal year, Tourism, Hersha Hospitality Trust, NYSE, Security (finance), Fiscal

Earnings Per Share based on this Net Income Attributable to Controlling Interest amount was $0.06, also more than doubling, up $0.03 from the prior year of $0.03.

Key Points: 
  • Earnings Per Share based on this Net Income Attributable to Controlling Interest amount was $0.06, also more than doubling, up $0.03 from the prior year of $0.03.
  • Consolidated Net Income before non-cash depreciation expense was $1,439,437 for the Fiscal Year ended January 31, 2023.
  • These are all positive signs for InnSuites, as progress continues heading in the right direction as the Travel Industry, and InnSuites Hospitality Trust (IHT) specifically, continue to rebound and thrive.
  • IHT holds convertible bonds and warrants that, when fully exercised, could result in IHT holding an approximate 25% ownership stake in UniGen.

Perseus March 2023 Quarter Report

Retrieved on: 
Tuesday, April 18, 2023
Area studies, Mining, Inventory, Satellite, CMA, Heap, Fiscal year, Resource, Perception, Mineral Resources Limited, COVID-19, GOLD, Heap leaching, Front-end loading, Person, Sale, JORC, FID, Report, Mine, Forward, News, AISC, Palladium, Video game, Cryptocurrency, Bank, Uranium mining, Gold, Mineral

Notional cashflow from operations of US$111 million during the quarter, 10% more than last quarter (US$101 million).

Key Points: 
  • Notional cashflow from operations of US$111 million during the quarter, 10% more than last quarter (US$101 million).
  • Perseus’s strong operating performance is forecast to continue in the June 2023 quarter with both gold production and cost guidance for the 2023 June Half Year and Financial Year, expected to be achieved.
  • Results due in the September 2023 quarter.
  • The information in this report that relates to Esuajah North Mineral Resources estimate was first reported by the Company in a market announcement “Perseus Updates Resources & Reserves” released on 28 August 2018.

SMG Industries, Inc. Announces Fiscal Year 2022 Earnings and Record Revenues for 2022

Retrieved on: 
Tuesday, April 18, 2023
SMG, GAAP, Risk, COVID, History, EBITDA, Annual report, Growth, Fiscal year, Transport, Adjustment, Cryptocurrency

HOUSTON, TX, April 18, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – SMG Industries, Inc. (“SMG” or the "Company") (OTCQB:SMGI), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, today announced that its audited results of consolidated revenues from operations for the year ended December 31, 2022 was a record $71,021,862, representing an increase of 36% from $52,113,827 reported for the year ended December 31, 2021. For the year ended December 31, 2022, Adjusted EBITDA, a non-GAAP measure, was a positive $4.8 million compared to a loss in the year ago period showing the significant progress the Company has made compared to recent years.  Additional information regarding Adjusted EBITDA, as well as a reconciliation of this non-GAAP financial measure to the most directly comparable GAAP financial measure of net income (loss), is provided in the “Adjusted EBITDA Non-GAAP Net Income (Loss) Reconciliation Table” section below. 

Key Points: 
  • The Company also saw its brokerage business (known as 5J Logistics Services) launch in 2022 and contribute solid operating revenues as it expanded its footprint and customer base, which was not present during the 2021 comparable period.
  • Additionally, the heavy haul transport of infrastructure including bridge beams, compressors and refinery components contributed to the increase in revenues during 2022.
  • The Company’s asset-light brokerage business, 5J Logistics Services, finished its first full fiscal year and made strong inroads into retail and some industrial customers.
  • SMG is hopeful to achieve further growth via acquisitions this year.

Cities Initiative Commends U.S. EPA for Ensuring Great Lakes States Receive Appropriate Share of Federal Funding for Lead Service Line Replacement

Retrieved on: 
Tuesday, April 4, 2023
Nuclear Cities Initiative, Mayor's Commission on African and Asian Heritage, U.S. EPA, FY, Drinking water, Infrastructure Investment and Jobs Act, Omnibus spending bill, Policy, IIJA, Drinking, EPA, Assessment, Consolidated Appropriations Act, 2018, City, Fiscal year, Bottled water

CHICAGO, April 4, 2023 /PRNewswire/ - The Great Lakes and St. Lawrence Cities Initiative commends the U.S. Environmental Protection Agency (U.S. EPA) for today's announcement that the 7th Drinking Water Infrastructure Needs Survey and Assessment incorporates updated data on lead service line burden, bringing more federal dollars to Great Lakes states.

Key Points: 
  • CHICAGO, April 4, 2023 /PRNewswire/ - The Great Lakes and St. Lawrence Cities Initiative commends the U.S. Environmental Protection Agency (U.S. EPA) for today's announcement that the 7th Drinking Water Infrastructure Needs Survey and Assessment incorporates updated data on lead service line burden, bringing more federal dollars to Great Lakes states.
  • This policy change follows more than a year of advocacy by the Cities Initiative and the Mayors Commission on Water Equity and represents a key milestone in safeguarding the equitable distribution of federal funding for lead service line replacement.
  • By incorporating data on lead service line burden, this latest version will ensure that Great Lakes states – where the nation's remaining lead service lines are most heavily concentrated – receive significant increases in federal funding to replace lead service lines.
  • Per U.S. EPA's announcement, Great Lakes states will receive the following allotments for drinking-water infrastructure in FY23:

Tycoon Group Announces 2022 Annual Results

Retrieved on: 
Wednesday, March 29, 2023
Partnership, Club, Sam's Club, Health, Fiscal year, Marketing, Mannings, Khazanah Nasional, Greater, Wakan, HK3, Herbal, EBITDA, Advertising, Immune system, Growth, Depreciation, Double Eleven, BG, BHD, Property management, Retail, Film industry, Online shopping, Pharmaceutical industry, Tourism

HONG KONG, March 29, 2023 /PRNewswire/ -- Tycoon Group Holdings Limited ("Tycoon Group" or the "Group", Stock Code: 3390.HK), an omnichannel marketing and management service integrator of healthcare and well-being related products in Hong Kong, announced its audited consolidated annual results for the year ended 31 December 2022 (the "Financial Year" or "FY2022").

Key Points: 
  • EBITDA* of the Group for FY2022 was HK$79.7 million, representing a staggering increase of 1,135.8% compared to HK$6.4 million for FY2021.
  • The Group continues to optimise its product portfolio and consolidate the market advantages of its distribution business.
  • HONG KONG, March 29, 2023 /PRNewswire/ -- Tycoon Group Holdings Limited ("Tycoon Group" or the "Group", Stock Code: 3390.HK), an omnichannel marketing and management service integrator of healthcare and well-being related products in Hong Kong, announced its audited consolidated annual results for the year ended 31 December 2022 (the "Financial Year" or "FY2022").
  • The Group will achieve further growth in revenue and record-breaking results, in return for the support of all parties.