Kum

Bitcoin Depot Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 13, 2023
Sale, Webcast, EBITDA, PIPE, Bitcoin ATM, Kum, Share repurchase, Adjustment, Partnership, Settlement, Subscription business model, Kum & Go, Bookkeeping, Cryptocurrency, Video game, Bitcoin

ATLANTA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the third quarter ended September 30, 2023. Bitcoin Depot will host a conference call and webcast at 11:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com.

Key Points: 
  • Net Income of $1.1 Million, Down 68% Year-over-Year
    Adjusted EBITDA (non-GAAP) of $13.9 Million, Up 21% Year-over-Year
    ATLANTA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the third quarter ended September 30, 2023.
  • “Our results this quarter continue to demonstrate the strength of our business model and how we’re able to deliver strong results irrespective of the market environment or price of Bitcoin,” said Brandon Mintz, CEO and Founder of Bitcoin Depot.
  • Total operating expenses were $19.5 million for the third quarter of 2023, compared to $16.5 million for the third quarter of 2022.
  • Bitcoin Depot will hold a conference call at 11:00 a.m., Eastern time (8:00 a.m. Pacific time), today to discuss its financial results for the third quarter ended September 30, 2023.

Bitcoin Depot Expands Retail Footprint with 400 New Locations Across Iowa and Louisiana via Partnership with InComm Payments

Retrieved on: 
Thursday, August 31, 2023
Bitcoin, Partnership, Bitcoin ATM, Kum, Kum & Go, BTM, Cryptocurrency, Online shopping

ATLANTA, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced the expansion of its BDCheckout program into Iowa and Louisiana through its ongoing partnership with InComm Payments, a leading global payments technology company with a nationwide retail network of over 90,000 locations.

Key Points: 
  • ATLANTA, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced the expansion of its BDCheckout program into Iowa and Louisiana through its ongoing partnership with InComm Payments, a leading global payments technology company with a nationwide retail network of over 90,000 locations.
  • Initially launched in 2022, BDCheckout is an app-based experience facilitating a convenient way for users to load cash to their Bitcoin Depot digital wallets right at the cash register.
  • Through Bitcoin Depot’s partnership with InComm Payments, BDCheckout is now available at 246 total locations in Iowa across a variety of convenience store partners such as Kum & Go , Kwik Trip and Pilot Travel Centers .
  • To use BDCheckout, people must first download or update the Bitcoin Depot mobile app .

Maverik – Adventure’s First Stop – Completes Acquisition of Kum & Go and Solar Transport from Krause Group

Retrieved on: 
Tuesday, August 29, 2023
Trucking, Finance, Transport, Professional Services, Convenience Store, Food, Beverage, Transportation, Retail, Travel, FJ Management, Vegetable, Kum, School, Acquisition, Associate, Kum & Go, Des Moines, Iowa, Hunger, Des Moines Public Library, Management, Maverick

Maverik – Adventure’s First Stop, together with its parent company, FJ Management, today announced that it has completed the acquisition of Kum & Go and Solar Transport from Krause Group.

Key Points: 
  • Maverik – Adventure’s First Stop, together with its parent company, FJ Management, today announced that it has completed the acquisition of Kum & Go and Solar Transport from Krause Group.
  • “We are excited to welcome Kum & Go and Solar Transport Team Members to Maverik,” said Chuck Maggelet, CEO and Chief Adventure Guide of Maverik.
  • I’m confident Kum & Go and Solar Transport are set up for future success with Maverik.
  • Tanner leaves behind a strong legacy from his six years of leadership as President and CEO of Kum & Go.

Kum & Go Launches New App and Rewards Program With SI Partner Orium

Retrieved on: 
Tuesday, August 22, 2023
Kum, POS, Digital technology, Woll, Kum & Go, Commerce, Online shopping

DES MOINES, Iowa, Aug. 21, 2023 /PRNewswire/ - Kum & Go launched their new mobile app and rewards program earlier this month with support from Orium , North America's leading composable commerce specialist.

Key Points: 
  • DES MOINES, Iowa, Aug. 21, 2023 /PRNewswire/ - Kum & Go launched their new mobile app and rewards program earlier this month with support from Orium , North America's leading composable commerce specialist.
  • The upgraded app leverages Orium's React Native Accelerator to create a seamless omnichannel customer experience, bringing ordering, payment, and loyalty into a unified experience that has modern consumer needs at its core.
  • Kum & Go has always been more than a convenience store, and as part of their continuous evolution and drive to improve customer experiences across their stores, the enhanced mobile app will give customers more of what they desire.
  • With the upgraded app, customers can now prepay for fuel, order customized food, browse deals, and get personalized recommendations— plus have all their transactions connected back into Kum & Go's &Rewards program, so they can accumulate points to spend how they want.

Blain’s Farm & Fleet® Announces New President

Retrieved on: 
Monday, August 14, 2023
Other Retail, Office Products, Online Retail, Supermarket, Discount, Variety, Specialty, Department Stores, Food, Beverage, Convenience Store, Retail, Home Goods, BS, University, Culture, Starbucks, Facility, Oklahoma State University–Stillwater, Michelin, Construction, Blain's Farm & Fleet, Customer, MBA, Multimedia, Real estate, Marketing, Target, Kum, Metals Service Center Institute, Kum & Go, Customer demand planning, Growth, Region, Farm, Family, Management, Online shopping, Oklahoma City University

Blain’s Farm & Fleet® has announced the promotion of Mark Hasting to President and Chief Commerce & Operating Officer.

Key Points: 
  • Blain’s Farm & Fleet® has announced the promotion of Mark Hasting to President and Chief Commerce & Operating Officer.
  • View the full release here: https://www.businesswire.com/news/home/20230814362161/en/
    Mark Hasting, Blain's Farm & Fleet President (Photo: Business Wire)
    Jane Blain Gilbertson will remain CEO and sole owner of Blain’s Farm & Fleet and Blain Supply, Inc.
  • He spent over 20 years at Target, where he had many roles including Store Manager, Group Manager, District Team Leader, Group Vice President and Vice President of Store Operations.
  • Tire & Auto Repair Service: Michelin, Goodyear, Cooper
    Visit http://www.farmandfleet.com or download the Blain’s Farm & Fleet mobile app.

Maverik – Adventure’s First Stop to Acquire Kum & Go and Solar Transport from Krause Group

Retrieved on: 
Friday, April 21, 2023
Professional Services, Trucking, Retail, Convenience Store, Transport, Finance, Food, Beverage, LLP, FJ Management, Kirkland & Ellis, Culture, FJ, BofA Securities, Kum, Acquisition, Kum & Go, Pleasure, Growth, Family, Management, Maverick

Maverik – Adventure’s First Stop, together with its parent company, FJ Management, today announced the acquisition of Kum & Go, a family-owned convenience store chain with over 400 locations across 13 states, from Krause Group.

Key Points: 
  • Maverik – Adventure’s First Stop, together with its parent company, FJ Management, today announced the acquisition of Kum & Go, a family-owned convenience store chain with over 400 locations across 13 states, from Krause Group.
  • As part of the transaction, Maverik will also acquire Solar Transport, a tank truck carrier and logistic provider owned by the Krause Group.
  • Chuck Maggelet, President and Chief Adventure Guide of Maverik, said, “We have long admired the Kum & Go brand.
  • We look forward to welcoming Kum & Go and Solar Transport associates and stores to Maverik – Adventure’s First Stop.”
    Kyle Krause, Krause Group President and CEO, said, “Kum & Go has always been driven by a desire to innovate, grow and serve our customers, our communities and our people.

Legion Announces Record Growth and Momentum for Its Workforce Management Platform and Intelligent Automation

Retrieved on: 
Monday, January 16, 2023
Legion, PALO, The, WFM, Organization, Demand forecasting, Growth, Kum, Automation, Workforce, ARR, Renewable energy, Management, Airline, Retail, Demand

PALO ALTO, Calif., Jan. 16, 2023 /PRNewswire-PRWeb/ -- Legion Technologies, an innovator in workforce management (WFM), today announced record growth and momentum, driven by industry demand for workforce management that is intelligent, automated, and employee-centric. The company reported surging revenue growth and customer adoption, industry accolades, and strategic partnerships to fuel growth. "Economic uncertainty has the industry on its toes, sharpening an already acute need for labor optimization and deeper employee engagement through the power of intelligent automation. With Legion's WFM solution, we're uniquely positioned to support this need, which has resulted in this remarkable explosion of growth," said Sanish Mondkar, CEO and Founder of Legion Technologies. "Now, we are growing not only our innovation and product functionality but also our team, enabling us to scale to meet future demand as we face this new and uncertain year."

Key Points: 
  • PALO ALTO, Calif., Jan. 16, 2023 /PRNewswire-PRWeb/ -- Legion Technologies , an innovator in workforce management (WFM), today announced record growth and momentum, driven by industry demand for workforce management that is intelligent, automated, and employee-centric.
  • The company reported surging revenue growth and customer adoption, industry accolades, and strategic partnerships to fuel growth.
  • "Economic uncertainty has the industry on its toes, sharpening an already acute need for labor optimization and deeper employee engagement through the power of intelligent automation.
  • With Legion's WFM solution, we're uniquely positioned to support this need, which has resulted in this remarkable explosion of growth," said Sanish Mondkar, CEO and Founder of Legion Technologies.

Retail Strategist Greg Tornberg Joins Impact 21 as Principal Consultant

Retrieved on: 
Friday, January 6, 2023
Lean Six Sigma, Knowledge, Organization, Grade (consulting), Acquisition, Commercialization, Craig Tornberg, 7-Eleven, Kum, Management, Sales

LEXINGTON, Ky., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Impact 21 , a retail consulting, analytics, and services company, announces that Greg Tornberg joins the team as a Principal Consultant.

Key Points: 
  • LEXINGTON, Ky., Jan. 06, 2023 (GLOBE NEWSWIRE) -- Impact 21 , a retail consulting, analytics, and services company, announces that Greg Tornberg joins the team as a Principal Consultant.
  • Tornberg brings great value to Impact 21 with his strong command of leadership, business operations, and team development with emphasis in foodservice, center store, category management, product development and launch, menu engineering, and Lean Six Sigma.
  • "We are pleased to add Greg to our team with his extensive experience and knowledge.
  • Given his leadership background in convenience retailing, revenue generation and foodservice, we look forward to what Greg will bring to the table with his innovative ideas, for our clients and the industry," says Scott Burchfield, Impact 21 Chief Operations Officer.

Car IQ Partners With BlackBerry IVY For CES: Showcases New Vehicle Wallet That Lets Drivers Pay Right from Their Dash

Retrieved on: 
Friday, January 6, 2023
Kum & Go, BlackBerry, Shell, Corporate development, IVY, Partnership, BB, Credit card, Original equipment manufacturer, BlackBerry Limited, EV, TSX, CES, Sunoco, Consumer Electronics Show, Commerce, NYSE, LVCC, SVP, Sale, Corporation, Kum, Mobile phone, West Hall

SAN FRANCISCO, Jan. 6, 2023 /PRNewswire/ -- Car IQ Inc., the first payment network for cars, today announced it is partnering with BlackBerry Limited (NYSE: BB; TSX: BB) to demonstrate a new in-dash vehicle-wallet at the 2023 Consumer Electronics Show (CES) that connects vehicles to merchants and enables customers to pay right from the dash of their car.  

Key Points: 
  • At the BlackBerry booth (4025, West Hall, LVCC), Car IQ will demonstrate the first embedded vehicle wallet powered by BlackBerry IVY™ that embeds payments directly in the car, providing drivers access to a one stop shop for all vehicle needs including paying for fuel, EV charging, tolls, parking, service & repairs and more.
  • In addition to payments, BlackBerry will also demonstrate how merchants and OEMs can push offers and incentives to drivers and passengers alike.
  • Using Car IQ to refuel is simple: locate the nearest participating gas station, add the pump number to Car IQ Pay, refuel the vehicle, replace the pump and leave.
  • Car IQ Pay facilitates payment and the receipt is sent to the car's account.

Just In Time For the Holidays: Fleet Fintech Payments Platform AtoB Cuts Fuel Costs With 10 Cents/Gallon Savings At All Kum & Go Stores

Retrieved on: 
Tuesday, December 6, 2022
Technology, Trucking, Payments, Automotive, Fintech, Transport, Professional Services, Convenience Store, Retail, Fleet Management, Kum & Go, Kum, Partnership, Visa, Gasoline, Atobe Yoshisuke, Growth, Taxicab, Grocery store

Starting today, AtoB card holders can save ten cents per gallon on all fuel purchases at Kum & Gos 400 stores.

Key Points: 
  • Starting today, AtoB card holders can save ten cents per gallon on all fuel purchases at Kum & Gos 400 stores.
  • Through the partnership, AtoB card holders will automatically receive a discount of ten cents off every gallon of gasoline and diesel purchased.
  • Savings are applied automatically, and operators can apply for AtoBs easy-to use, secure, and flexible fuel card at AtoB.com .
  • AtoB is rapidly growing our partnership network to help our customers maximize savings no matter where the road takes them.