Budget

Crayon reports 55% gross profit increase in Q3

Retrieved on: 
Tuesday, October 25, 2022

OSLO, Norway, Oct. 25, 2022 /PRNewswire/ -- Crayon announced its financial results for the third quarter today that showed strong growth across all markets, which was largely driven by its customer-centric business model in a global market that has a continued demand for IT services.

Key Points: 
  • Crayon had gross sales that were NOK 7,774m, up 51% YOY, and a gross profit of NOK 993m, up 55% YoY.
  • The Oslo-based company also had an adjusted EBITDA of NOK 127m, up 57% from the year before.
  • Crayon continues to strengthen its international presence with markets outside the Nordics comprising 58% of gross profit for the last 12 months, up from 49% last year and 50% for the full year 2021.
  • Meanwhile, the strongest gross profit growth came from the Asia Pacific, Middle East, and Africa regions.

Forrester's 2023 European Predictions: Citizens' Trust In Their Governments Will Plummet Due To Steep Inflation Rates And Energy Crisis

Retrieved on: 
Tuesday, October 25, 2022

By the end of 2023, only one in five European citizens will still trust their government.

Key Points: 
  • By the end of 2023, only one in five European citizens will still trust their government.
  • In addition, Forrester predicts that rising energy costs, plus financial incentives from governments and utilities companies to reduce energy consumption and adopt a more sustainable lifestyle, will lead to European consumers going greener.
  • Highlights of Forrester's 2023 European Predictions report include:
    One-third of European organisations will have to offer anywhere work to attract and retain talent.Anywhere work is here to stay.
  • "As trust in governments declines, European companies have an opportunity to fill that trust vacuum.

Foria Announces New Executive Team To Lead Brand Growth

Retrieved on: 
Monday, October 24, 2022

LOS ANGELES, Oct. 24, 2022  /PRNewswire-PRWeb/ -- This week, Jon Brandon, CEO & Co-Founder of plant-based sexual wellness company Foria, is excited to introduce a new executive team, strategically assembled to fuel the next phase of the company's growth. Foria welcomes Liz Dolinski as Chief Marketing Officer who will work alongside Gemma DePalma (newly promoted to Chief Operating Officer).

Key Points: 
  • The new executive team will lead the brand's next chapter of national and international growth through a dynamic omnichannel strategy that includes both e-commerce and wholesale.
  • Prior to Foria, Liz was Chief Growth Officer at the DTC sleepwear brand Lunya, where she was responsible for all revenue-driving departments.
  • She joined the Foria team in 2019 as Chief Supply Chain Officer, managing and maintaining executive leadership over the full supply chain team.
  • Discussing the new executive team, Jon shared:
    "As Foria evolves into its 'scale-up' phase, I'm genuinely excited to be surrounded by such a talented executive team.

MOBI CONNECT Products, Including Caregiver Monitoring and Support, Now Available In-Store at Walmart

Retrieved on: 
Monday, October 24, 2022

LOS ANGELES, Oct. 24, 2022 /PRNewswire-PRWeb/ -- MOBI Technologies, Inc., dedicated to building innovative Smart Health & Wellness products that are designed around the needs of individual users with relevance to modern living, is pleased to announce that three MOBI products are now available in-store at Walmart.

Key Points: 
  • Every device within the MOBI CONNECT collection can be controlled from the MOBI SMART app and displayed on your mobile device, which is available for both iOS and Android .
  • For a complete at home clinic, MOBI's free app enables users to monitor & track their health in one place, using MOBI's wide range of integrated health monitoring products .
  • MOBI offers a variety of low-cost subscriptions to fit most budgets and can be expanded with other MOBI products for a complete 360 monitoring solution if needed.
  • The Smart DualScan Ear + Forehead Bluetooth Thermometer offers all the features, accuracy, and reliability you would expect from MOBI, including temperature and fever management using the MOBI app.

Wages Have Failed to Match Inflation, 65% of Employed Consumers are Living Paycheck to Paycheck

Retrieved on: 
Monday, October 24, 2022

SAN FRANCISCO, Oct. 24, 2022 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings from the 15th edition of the Reality Check: Paycheck-To-Paycheck research series, conducted in partnership with PYMNTS.com. The Employment Edition provides an overview of consumers' employment characteristics, changes and expectations and how they affect their financial lifestyles.

Key Points: 
  • As inflation continues to outpace wages, the share of consumers living paycheck to paycheck nears a historic high.
  • Sixty-five percent of employed consumers were living paycheck to paycheck in September 2022 a 5 percentage point rise from a year ago.
  • Among those of working age, consumers who live paycheck to paycheck comfortably are the most likely to be employed.
  • In fact, inactive workers make up a significant share of those who do not live paycheck to paycheck.

Prophix Named a Finalist in the 2022 Ventana Research Digital Leadership Awards

Retrieved on: 
Monday, October 24, 2022

MISSISSAUGA, ON, Oct. 24, 2022 /PRNewswire/ -- Prophix, a global leader in Corporate Performance Management (CPM) software, today announced that Chris Keyser, AVP Integrations at Premise Health, was named a finalist in Ventana Research's 2022 Digital Leadership Award for his organization's use of Prophix's CPM software. The annual awards spotlight the individuals and organizations that have demonstrated leadership and contributions to digitally modernize their operations and the industry.

Key Points: 
  • MISSISSAUGA, ON, Oct. 24, 2022 /PRNewswire/ -- Prophix , a global leader inCorporate Performance Management(CPM) software, today announced that Chris Keyser, AVP Integrations at Premise Health, was named a finalist in Ventana Research's 2022 Digital Leadership Award for his organization's use of Prophix's CPM software.
  • The annual awards spotlight the individuals and organizations that have demonstrated leadership and contributions to digitally modernize their operations and the industry.
  • The Digital Leadership Awards span 10 expertise areas and will include an overall winner selected from the final judging across all categories.
  • Ventana Research provides insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops, and our research and advisory services, Ventana On-Demand.

TikTok Showcases Kendago's Unique Approach To Performance Marketing With Vshred Case Study

Retrieved on: 
Monday, October 24, 2022

TEL AVIV, Israel, Oct. 24, 2022 /PRNewswire/ -- TikTok, the fastest growing social media app today published a case study on performance marketing that will have brands excited about the results.

Key Points: 
  • TEL AVIV, Israel, Oct. 24, 2022 /PRNewswire/ -- TikTok, the fastest growing social media app today published a case study on performance marketing that will have brands excited about the results.
  • Now they've successfully turned TikTok's video entertainment platform into a primary advertising channel for its clients .
  • According to TikTok, Kendago increased Vshred's ROI month-over-month and grew their daily budgets by more than 3 times!
  • Recognized by their peers as an omni-channel, performance advertiser, with 7 figure daily budgets on platforms like Facebook and Google to strong emerging networks like TikTok and Twitter.

TradeUP Adds Fractional Shares to Its Online Trading Platform

Retrieved on: 
Monday, October 24, 2022

ROSELAND, N.J., Oct. 24, 2022 /PRNewswire/ -- TradeUP Securities, Inc., a brokerage firm in Roseland, New Jersey, has expanded its TradeUP online trading platform to include fractional shares. The new fractional shares offering will allow traders to access popular stocks and diversify their portfolios at very low prices. Through TradeUP, you can now trade fractional shares of any stock on the S&P 500 with as little as five dollars with commission-free trades.

Key Points: 
  • The online trading platform now offers fractional shares, removing barriers to entry to the most popular stocks on the market
    ROSELAND, N.J., Oct. 24, 2022 /PRNewswire/ -- TradeUP Securities, Inc., a brokerage firm in Roseland, New Jersey, has expanded its TradeUP online trading platform to include fractional shares.
  • The new fractional shares offering will allow traders to access popular stocks and diversify their portfolios at very low prices.
  • Through TradeUP, you can now trade fractional shares of any stock on the S&P 500 with as little as five dollars with commission-free trades.
  • With fractional shares, you can now choose to buy 0.01 share of a stock, making a diversified portfolio achievable for all investors.

SURVEY: Canadians planning more celebrations and intend to spend the same as last year despite financial challenges

Retrieved on: 
Monday, October 24, 2022

The current financial strains are being felt by 6 in 10 Canadians yet overall, Canadians plan to spend about the same amount, $790, as they anticipated to spend in 2021.

Key Points: 
  • The current financial strains are being felt by 6 in 10 Canadians yet overall, Canadians plan to spend about the same amount, $790, as they anticipated to spend in 2021.
  • This year's survey added applied analyticsto weigh stated behaviours with what will likely actually impact consumer behaviours.
  • Product categories that Canadians will spend the most on have shifted with the anticipation of more in-person gatherings.
  • RCC is a not-for-profit industry-funded association that represents small, medium, and large retail businesses in every community across the country.

Ideal Homes Portugal Introduces Their Services to American Property Investors

Retrieved on: 
Wednesday, October 19, 2022

Ideal Homes Portugal, a real estate company in the Algarve, is helping American citizens

Key Points: 
  • Lagos, Algarve--(Newsfile Corp. - October 19, 2022) - Ideal Homes Portugal introduces their services to American Property investors.
  • They help international clients access mortgages to finance luxury properties by Ideal Homes Portugal.
  • Ideal Homes Portugal helps international clients find their dream home in Portugal, whether as a second home, investment, or primary residence.
  • Ideal Homes Portugal caters to all budgets, covering the whole of the Algarve and every type of property.