IFRS 16

Nuvolo Announces Their First Major Software Release of 2022

Retrieved on: 
Tuesday, February 22, 2022

PARAMUS, N.J., Feb. 22, 2022 /PRNewswire/ -- Nuvolo, the world's fastest-growing workplace software company, today announced the launch of its Q1 2022 updateknown as the Pakistan release.

Key Points: 
  • PARAMUS, N.J., Feb. 22, 2022 /PRNewswire/ -- Nuvolo, the world's fastest-growing workplace software company, today announced the launch of its Q1 2022 updateknown as the Pakistan release.
  • The release reflects Nuvolo's ongoing commitment to continuously meet the ever-changing needs of its customers in all markets they serve.
  • Nuvolo, the world's fastest-growing workplace software company, announces release of its Q1 2022 product update.
  • Nuvolo is headquartered in Paramus, N.J., with a global workforce located throughout North America, Europe and Asia.

Pixium Vision announces its unaudited financial results for 2021 and provides a business update

Retrieved on: 
Tuesday, February 22, 2022

The research tax credit is given to companies by the French tax authorities to encourage them to carry out technical or scientific research.

Key Points: 
  • The research tax credit is given to companies by the French tax authorities to encourage them to carry out technical or scientific research.
  • We received the 2020 research tax credit in 2021 and the 2021 research tax credit will be received in 2022 in accordance with the Community Small and Medium Sized Enterprises (SME) scheme.
  • The expected research tax credit for fiscal year 2021 is recorded as Government Financing for Research Expenditures for an amount of 1.6 million.
  • The tax rate will be gradually lowered to 28% on all profits in 2020 and to 26.5% on all profits in 2021.

Magnit opens hybrid dark store

Retrieved on: 
Thursday, February 17, 2022

Krasnodar, Russia (February 16, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened a hybrid dark store operating in two formats - as a warehouse for picking online orders and as a brick-and-mortar store for customers.

Key Points: 
  • Krasnodar, Russia (February 16, 2022): Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, opened a hybrid dark store operating in two formats - as a warehouse for picking online orders and as a brick-and-mortar store for customers.
  • The dark store has a separate entrance for delivery agents, which enables them to pick up orders directly from the picking area without inconveniencing customers.
  • Customers can choose from a wider assortment compared to a traditional Magnit Convenience store - around 8,000 articles.
  • The hybrid dark store is located in southwestern Moscow (in the Butovo district) and serves the express delivery mission (delivery within one hour).

Magnit announces the results of the Board meeting

Retrieved on: 
Thursday, February 17, 2022

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the unaudited IFRS 16 management accounts results for FY 2021, Magnit had revenues of RUB 1,856 billion and an EBITDA of RUB 214 billion.
  • Any forward-looking statement is based on information available to Magnit as of the date of the statement.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

Magnit announces the transactions by the person closely associated with persons discharging managerial responsibilities

Retrieved on: 
Thursday, February 17, 2022

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the unaudited IFRS 16 management accounts results for FY 2021, Magnit had revenues of RUB 1,856 billion and an EBITDA of RUB 214 billion.
  • Any forward-looking statement is based on information available to Magnit as of the date of the statement.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

Linedata Services: Growth in full-year results EBITDA up 8.9% NET PROFIT up 39.7%

Retrieved on: 
Tuesday, February 15, 2022

It also benefited from a favourable comparison base for the previous year during which 1m of restructuring costs were recognised.

Key Points: 
  • It also benefited from a favourable comparison base for the previous year during which 1m of restructuring costs were recognised.
  • Net profit therefore amounted to 28.3m, up 39.7%, reflecting a net margin of 17.7%.
  • Shareholders' equity increased by 24.3m to 145.8m, primarily due to the impact of net earnings for the year.
  • Headquartered in France, Linedata achieved revenues of EUR 160.2 million in 2021 and is listed on Euronext Paris compartment B FR0004156297-LIN - Reuters LDSV.PA - Bloomberg LIN:FP.

Magnit announces dividend payment update

Retrieved on: 
Tuesday, February 15, 2022

As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.

Key Points: 
  • As of December 31, 2021, Magnit operated 45 distribution centers and 26,077 stores in 3,898 cities and towns throughout 7 federal regions of the Russian Federation.
  • In accordance with the unaudited IFRS 16 management accounts results for FY 2021, Magnit had revenues of RUB 1,856 billion and an EBITDA of RUB 214 billion.
  • Any forward-looking statement is based on information available to Magnit as of the date of the statement.
  • Magnit does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances.

Delta Galil Reports All Time high 4th Quarter and Full Year 2021 Results

Retrieved on: 
Tuesday, February 15, 2022

Isaac Dabah, CEO of Delta Galil, stated: We are very pleased to have completed 2021 with an exceptional quarter, reflecting the successful execution of our growth strategy.

Key Points: 
  • Isaac Dabah, CEO of Delta Galil, stated: We are very pleased to have completed 2021 with an exceptional quarter, reflecting the successful execution of our growth strategy.
  • Effective as of the second quarter of 2021, Delta Galil reorganized its business segments to better reflect and align with its strategic focus.
  • Diluted earnings per share for the fourth quarter of 2021 were $1.60, compared to $0.94 fourth quarter of 2020.
  • Operating cash flow for the fourth quarter of 2021 was $72.0 million, compared to $83.7 million in the fourth quarter of 2020.

Occupier Raises $10.5 Million Series A led by OMERS Ventures and Stage 2 Capital

Retrieved on: 
Wednesday, February 9, 2022

The round was co-led by OMERS Ventures and Stage 2 Capital with participation by seed stage investors Alate Partners and Metaprop.

Key Points: 
  • The round was co-led by OMERS Ventures and Stage 2 Capital with participation by seed stage investors Alate Partners and Metaprop.
  • Occupier plans to double its team, hiring engineering, product, sales, customer success and marketing professionals.
  • Sales teams have Salesforce, finance teams have NetSuite, design teams have Figma, HR teams have Workday and now real estate teams have Occupier."
  • Occupier allows teams to simultaneously collaborate, and it keeps everyone involved in the real estate transaction and portfolio management process.

LeaseQuery Announces Key Appointments to Executive Team

Retrieved on: 
Wednesday, February 9, 2022

Prior to joining LeaseQuery, Gruca served as chief revenue officer for customer marketing software company MessageGears.

Key Points: 
  • Prior to joining LeaseQuery, Gruca served as chief revenue officer for customer marketing software company MessageGears.
  • Ramsey began his LeaseQuery journey by partnering with founder and CEO George Azih more than six years ago.
  • As LeaseQuerys chief revenue officer, Ramsey has played a major role in the expansion of the companys revenue team, channel partnerships and accounting products.
  • As CMO, Marchione will ensure the promotion of a singular, unified marketing strategy that will play a key role in helping LeaseQuery achieve its aggressive goals for growth and expansion.