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Super Group Reports Financial Results for Fourth Quarter and Full Year 2022

Retrieved on:

Tuesday, March 14, 2023

Profit before tax was €38.3 million for the fourth quarter of 2022 compared to €62.6 million for the fourth quarter of 2021.

Key Points:

Profit before tax was €38.3 million for the fourth quarter of 2022 compared to €62.6 million for the fourth quarter of 2021.
EBITDA, a non-GAAP financial measure, was €56.1 million in the fourth quarter of 2022 compared to €83.2 million in the fourth quarter of 2021.
Operational EBITDA, a non-GAAP financial measure, decreased 39% to €42.3 million in the fourth quarter of 2022 compared to €69.6 million in the fourth quarter of 2021.
Monthly Average Customers for the fourth quarter of 2022 was 3.4 million compared to 2.9 million in the fourth quarter of 2021.

Doctors Across the U.S. Take on the Tea Cups at Walt Disney World--Kicking Off the Month-Long Inaugural Spin to Save Kids! Challenge

Retrieved on:

Sunday, March 5, 2023

ORLANDO, Fla., March 5, 2023 /PRNewswire/ -- More than fifty doctors from hospitals across the United States gathered this past weekend at Disney World's Magic Kingdom in order to call attention to the blatant disparities and inequities in Children's Clinical Trials. The three-day event kicked off the inaugural Spin to Save Kids! Challenge, organized by the Institute for Advanced Clinical Trials for Children (I-ACT), which has already raised almost $100,000 in pre-launch donations and will run through March 31.

Key Points:

The three-day event kicked off the inaugural Spin to Save Kids!
Challenge, organized by the Institute for Advanced Clinical Trials for Children (I-ACT), which has already raised almost $100,000 in pre-launch donations and will run through March 31.
"While it's long overdue that the biopharma and medical communities prioritize kids' trials, in a post-COVID world, the need is inescapably urgent."
I-ACT is the nation's leading nonprofit organization exclusively committed to advancing and accelerating Children's Clinical Trials.

Super Group to Report Fourth Quarter and Full Year 2022 Financial Results

Retrieved on:

Monday, February 27, 2023

Technology, Casino, Gaming, General Sports, Sports, Entertainment, Other Technology, Online, Professional Services, Data Analytics, NYSE, Super Group, SGHC, Webcast, Spin, Broadcasting

Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, will report financial results for the fourth quarter and full year ended December 31, 2022 on Tuesday, March 14, 2023 before the U.S. stock market opens.

Key Points:

Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, will report financial results for the fourth quarter and full year ended December 31, 2022 on Tuesday, March 14, 2023 before the U.S. stock market opens.
Management will host a conference call and webcast on the same day at 8:30 a.m.
A live audio webcast along with a supplemental investor presentation will be available on www.investors.sghc.com .
A replay of the audio call will be available for one year following the live call.

FEMSA Announces Fourth Quarter and Full Year 2022 Results

Retrieved on:

Friday, February 24, 2023

The Coca-Cola Company, FEMSA, Spin, Volaris, OXXO, Partnership, Growth, Digital, Conference, Coca-Cola FEMSA, Drug, Cryptocurrency

“We closed the year on a high note, with our fourth quarter performance continuing the strong momentum seen throughout most of 2022.

Key Points:

“We closed the year on a high note, with our fourth quarter performance continuing the strong momentum seen throughout most of 2022.
Beyond Mexico, Proximity continued to grow at a good pace in most markets, and we are reporting Valora’s results for the first time following its consolidation in early October.
FEMSA Health again delivered stable results against a demanding comparison base while facing a challenging macroeconomic environment, particularly in Chile, while OXXO Gas had another strong quarter on the back of increased volume recovery and strong operating leverage.
Finally, Logistics and Distribution had a strong quarter that was partially overshadowed by one-time charges at Envoy Solutions.

The Worldwide Bike Rental Industry is Estimated to Reach $11.3 Billion by 2031 at a 18.5% CAGR

Retrieved on:

Saturday, January 21, 2023

Propulsion, Operating model, Porter's five forces analysis, Growth, Uber Technologies Inc v Heller, Spin, Transport, Road, Car rental, Ridesharing, Lime

According to this report the bike rental market was valued at $2.1 billion in 2021, and is estimated to reach $11.3 billion by 2031, growing at a CAGR of 18.5% from 2022 to 2031.

Key Points:

According to this report the bike rental market was valued at $2.1 billion in 2021, and is estimated to reach $11.3 billion by 2031, growing at a CAGR of 18.5% from 2022 to 2031.
The report incorporates the study of the global bike rental market that focuses on the bike rental service for short to medium distance commuting for a price or free.
However, high initial investment cost and rise in bike vandalism & theft are the factors expected to hamper the growth of the bike rental market.
The current bike rental market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.

BellRing Brands Reports Results for the First Quarter of Fiscal Year 2023; Raises Certain Fiscal Year 2023 Outlook

Retrieved on:

Monday, February 6, 2023

ST. LOUIS, Feb. 06, 2023 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the first fiscal quarter ended December 31, 2022.

Key Points:

ST. LOUIS, Feb. 06, 2023 (GLOBE NEWSWIRE) -- BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the first fiscal quarter ended December 31, 2022.
Premier Protein RTD shake net sales increased 21.8%, driven by 16.7% improvement in price and 5.1% increase in volume.
Interest expense, net was $16.7 million in the first quarter of 2023, compared to $8.4 million in the first quarter of 2022.
BellRing will host a conference call on Tuesday, February 7, 2023 at 9:00 a.m. EST to discuss financial results for the first quarter of fiscal year 2023 and fiscal year 2023 outlook and to respond to questions.

Srixon Releases Refreshed Z-STAR Series for 2023

Retrieved on:

Monday, January 23, 2023

YelloWhite, Friction, Atmosphere, Wind, Urethane, Golf, XV, Hardness, Spin, Iron, Fireworks, Surveying, Srixon

HUNTINGTON BEACH, Calif., Jan. 23, 2023 (GLOBE NEWSWIRE) -- SRIXON®, a global leader in golf ball technology and innovation, announces the eighth generation Z-STAR Series golf ball.

Key Points:

HUNTINGTON BEACH, Calif., Jan. 23, 2023 (GLOBE NEWSWIRE) -- SRIXON®, a global leader in golf ball technology and innovation, announces the eighth generation Z-STAR Series golf ball.
The Z-STAR Series is scheduled to launch Feb. 15, while the Z-STAR Series DIVIDE is scheduled for Spring 2023.
"Finding the right golf ball for your game is just as important as finding the right irons or driver," said Brian Schielke, General Manager of Srixon.
Included in the Z-STAR Series is the Srixon Z-STAR and Z-STAR XV DIVIDE golf ball.

Super Group Board of Directors Approves $25 Million Share Repurchase Program

Retrieved on:

Wednesday, January 11, 2023

Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced that its Board of Directors has authorized the repurchase of up to $25 million of Super Group ordinary shares through December 31, 2023.

Key Points:

Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced that its Board of Directors has authorized the repurchase of up to $25 million of Super Group ordinary shares through December 31, 2023.
This time frame can also be extended or shortened by the Board of Directors, and Super Group is not obligated to repurchase any shares.
Alinda van Wyk, Chief Financial Officer of Super Group, commented: “Our debt-free balance sheet is strong and we actively consider using cash to drive long-term shareholder value through investment and through returning cash to shareholders.
We believe a modest share repurchase program is an efficient potential use of cash depending on market circumstances.”

Super Group to Participate in the 25th Annual Needham Virtual Growth Conference

Retrieved on:

Monday, January 9, 2023

Entertainment, Sports, Other Sports, Online, Licensing (Sports), Electronic Games, Casino, Gaming, Conference, Super Group, SGHC, NYSE, Spin

Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced that management will participate in the 25th Annual Needham Virtual Growth Conference on Thursday, January 12, 2023.

Key Points:

Super Group (SGHC) Limited (NYSE: SGHC) (“SGHC” or “Super Group”), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced that management will participate in the 25th Annual Needham Virtual Growth Conference on Thursday, January 12, 2023.
Neal Menashe, Chief Executive Officer, Richard Hasson, President & Chief Operating Officer, and Alinda van Wyk, Chief Financial Officer, will present on Thursday, January 12, 2023, at 9:30 a.m.
A live webcast and replay of the presentation will be available on the Super Group Investor Relations website https://sghc.com/investors .
Alinda van Wyk, Chief Financial Officer of Super Group, commented, “We look forward to the Needham Growth Conference where we will present how Super Group remains uniquely positioned in the global online gaming universe.” Ms van Wyk continued, “Despite a variety of headwinds around the world, SGHC remained profitable in 2022 and we believe our results will be in-line with our previously stated guidance.”

Spin Master to Acquire the HEXBUG® Brand and Portfolio of Creative Robotic Technology

Retrieved on:

Tuesday, January 10, 2023

Innovation, Invention, TSX, Science, Creativity, Acquisition, Nature, Spin Master, Life, Robotics, Spin, Toy, Management

HEXBUG products appeal to kids' innate love for remote control and fast-moving creatures that exhibit fascinating life-like behavior.

Key Points:

HEXBUG products appeal to kids' innate love for remote control and fast-moving creatures that exhibit fascinating life-like behavior.
"With this acquisition, Spin Master will combine it's innovation, global reach and diverse portfolio with HEXBUG's innovative excellence to surprise and inspire kids in new ways."
"At Spin Master we are focused on reimagining everyday play and are always looking for opportunities to strengthen our innovative portfolio through meaningful acquisitions," said Max Rangel, Spin Master's Global President & CEO.
"HEXBUG is an evergreen brand with a strong foothold within a niche category, opening an opportunity for Spin Master to own and ultimately grow the popular robotic range's reach through our expanded global footprint while also leveraging this technology across our broader toy offering."