Q2

AgEagle Announces Second Quarter 2022 Financial Results

Retrieved on: 
Tuesday, August 16, 2022 - 1:30pm

WICHITA, Kan., Aug. 16, 2022 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry-leading provider of full-stack drone, sensor and software solutions for commercial and government/defense use, today announced its financial results for the three and six months ended June 30, 2022.

Key Points: 
  • Financial Highlights for the Comparable Three-Month Periods Ended June 30, 2022 and June 30, 2021
    Revenues increased 173% to $5.29 million from $1.94 million.
  • Financial Highlights for the Comparable Six-Month Periods Ended June 30, 2022 and June 30, 2021
    Six-month revenues totaled $9.13 million, up 151% from $3.64 million.
  • Nicole Fernandez-McGovern, AgEagle Chief Financial Officer and Executive Vice President of Operations, stated, We are very pleased with our financial results for the first half of 2022, reflecting strong revenue growth from our combined 2021 acquisition activities and organic growth initiatives.
  • Such statements involve risks and uncertainties that could negatively affect our business, operating results, financial condition, and stock price.

DGAP-News: home24 SE: home24 reports positive adjusted EBITDA in Q2 and continues to deliver on key strategic projects and strengthening profitability

Retrieved on: 
Tuesday, August 16, 2022 - 7:02am

Despite the negative consumer environment, home24 reached revenues of EUR 152 million in Q2 (-9% year-on-year, -12% in constant currency).

Key Points: 
  • Despite the negative consumer environment, home24 reached revenues of EUR 152 million in Q2 (-9% year-on-year, -12% in constant currency).
  • Adjusted EBITDA margin for Q2 2022 at +1% is positive in contrast to market trends, in H1 it is -2%.
  • Launch of a curated marketplace on home24 website increases sales potential without tying up additional capital.
  • The outlook for the full year 2022 is specified by home24 to now currency-adjusted revenue growth of -7% to +3%.

Healthy Extracts Reports Record Second Quarter 2022, Net Revenue up 93% with Strong Subscription-Based Revenue Growth

Retrieved on: 
Tuesday, August 16, 2022 - 12:53am

Net revenue totaled $470,000, up 93%a Q2 record that keeps full year outlook on track for revenue to exceed $3 million.

Key Points: 
  • Net revenue totaled $470,000, up 93%a Q2 record that keeps full year outlook on track for revenue to exceed $3 million.
  • The growth in subscription revenue helps reduce customer acquisition costs and provides greater visibility into future revenue.
  • We made strong operational and financial progress in Q2, commented Duke Pitts, president of Healthy Extracts.
  • Net revenue in the second quarter of 2022 increased 93% to $470,000 from $244,000 in the same year-ago quarter.

Playmaker Capital Inc. Reports Second Quarter 2022 Results Highlighted By Record Revenue and User Engagement and Continued Profitability

Retrieved on: 
Monday, August 15, 2022 - 10:05pm

On the balance sheet side, we completed a financing with Beedie Capital, bringing additional institutional capital into the company.

Key Points: 
  • On the balance sheet side, we completed a financing with Beedie Capital, bringing additional institutional capital into the company.
  • Revenue Revenue was $7.0 million in Q2 2022, compared to $3.0 million in Q2 2021.
  • Operating Income Operating loss was $0.7 million in Q2 2022, compared to operating income of $0.4 million in Q2 2021.
  • Pro Forma Revenue (including all acquisitions to date) Revenue was $7.4 million in Q2 2022, an increase of 10% from $6.7 million in Q2 2021.

FSI ANNOUNCES Second Quarter, 2022 FINANCIAL RESULTS

Retrieved on: 
Monday, August 15, 2022 - 9:15pm

VICTORIA, BRITISH COLUMBIA, Aug. 15, 2022 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE Amex: FSI, FRANKFURT: FXT), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. Today the Company announces financial results for the second quarter (Q2) ended June 30, 2022.

Key Points: 
  • Today the Company announces financial results for the second quarter (Q2) ended June 30, 2022.
  • Mr. Daniel B. OBrien, CEO, states, Second quarter results were very good and combined with Q1, result in record half year revenue and earnings.
  • The conference call title, FSI Second Quarter 2022 Financial Results, may be requested.
  • This financial information is a Non-GAAP financial measure as defined by SEC regulation G. The GAAP financial measure most directly comparable is net income.

Emmaus Life Sciences Reports Q2 2022 Financial Results and Provides Business Update

Retrieved on: 
Monday, August 15, 2022 - 9:30pm

TORRANCE, Calif., Aug. 15, 2022 /PRNewswire/ -- Emmaus Life Sciences, Inc. (OTCQX: EMMA),a commercial-stage biopharmaceutical company and leader in the treatment of sickle cell disease, today reported financial results for the three and six months ended June 30, 2022 and provided a business update.

Key Points: 
  • TORRANCE, Calif., Aug. 15, 2022 /PRNewswire/ -- Emmaus Life Sciences, Inc. (OTCQX: EMMA),a commercial-stage biopharmaceutical company and leader in the treatment of sickle cell disease, today reported financial results for the three and six months ended June 30, 2022 and provided a business update.
  • Net revenues in Q2 2022 increased by $1.1 million, or nearly 33%, from Q1 2022 net revenues of $3.2 million.
  • Loss from operations in Q2 2022 decreased by $1.6 million, or 53.1%, from $3.1 million in Q1 2022 as a result of the increase in net revenues in Q2.
  • Emmaus Life Sciences, Inc. is a commercial-stage biopharmaceutical company and leader in the treatment of sickle cell disease.

4Front Ventures Reports Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 15, 2022 - 9:15pm

ET

Key Points: 
  • ET
    PHOENIX, Ariz., Aug. 15, 2022 /PRNewswire/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company"), a vertically integrated, multi-state cannabis operator and retailer, today announced its financial results for the second quarter ended June 30, 2022 ("Q2 2022").
  • "Throughout the second quarter and now halfway through the third quarter, we are seeing an acceleration of business trends within our growth markets, particularly in Massachusetts and California," said Leo Gontmakher, Chief Executive Officer of 4Front.
  • Systemwide Pro Forma Revenue for Q2 2022 was $34.5 million, up 6% from Q1 2022 and flat from Q2 2021.
  • ET to review its operational and financial results and provide an update on current business trends.

GSE Systems Reports Second Quarter 2022 Financial Results

Retrieved on: 
Monday, August 15, 2022 - 9:05pm

COLUMBIA, Md., Aug. 15, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced financial results for the second quarter ("Q2") ended June 30, 2022.

Key Points: 
  • Conference Call Scheduled for today, August 15, 2022at 4:30pm ET
    COLUMBIA, Md., Aug. 15, 2022 /PRNewswire/ -- GSE Systems, Inc. ("GSE Solutions", "GSE", or "the Company") (Nasdaq: GVP), a leader in advanced engineering and workforce solutions that support the future of clean energy production and overall decarbonization initiatives of the power industry, today announced financial results for the second quarter("Q2") ended June 30, 2022.
  • During Q2 2022, the Company received Employee Retention Credit refunds of $1.6 million, with remaining refunds due of $1.4 million as of June 30, 2022.
  • "I am pleased with the progress made during the second quarter, whereby we continue to see signs of improvement in the industry.
  • GSE Systems has scheduled a conference call for today, August 15, 2022 at 4:30 p.m.

Lincoln Private Market Index Experiences First Decline Since Q1 2020

Retrieved on: 
Monday, August 15, 2022 - 4:30pm

The Lincoln Private Market Index (Lincoln PMI), the only index that tracks changes in the enterprise value of U.S. privately held companies, saw a decline of 0.5% in Q2, its first quarter-over-quarter decline since Q1 2020.

Key Points: 
  • The Lincoln Private Market Index (Lincoln PMI), the only index that tracks changes in the enterprise value of U.S. privately held companies, saw a decline of 0.5% in Q2, its first quarter-over-quarter decline since Q1 2020.
  • Based on data from Lincoln Internationals proprietary database, private companies experienced average quarter-over-quarter growth in LTM revenue of 4.7%.
  • The Lincoln Private Market Index is an informational indicator only and does not constitute investment advice or an offer to sell or a solicitation to buy any security.
  • It is not possible to directly invest in the Lincoln Private Market Index.

Response-Based Email Threats Targeting Corporate Inboxes Are The Highest Since 2020, According To HelpSystems' Latest Agari And PhishLabs Report

Retrieved on: 
Monday, August 15, 2022 - 2:00pm

MINNEAPOLIS, Aug. 15, 2022 /PRNewswire-PRWeb/ -- Response-based attacks targeting corporate inboxes have climbed to their highest volume since 2020, representing 41 percent of all email-based scams targeting employees, during Q2 of this year. This is according to the latest Quarterly Threat Trends & Intelligence Report from Agari and PhishLabs, part of the HelpSystems cybersecurity portfolio.

Key Points: 
  • This is according to the latest Quarterly Threat Trends & Intelligence Report from Agari and PhishLabs , part of the HelpSystems cybersecurity portfolio.
  • From April through June, researchers at Agari and PhishLabs analyzed hundreds of thousands of phishing and social media attacks targeting enterprises and their employees.
  • According to the report, advance-fee scams represented 54 percent of all response-based email threats in Q2.
  • To access the complete Agari and PhishLabs Quarterly Threat Trends & Intelligence Report, visit:
    Agari restores trust to your inbox by increasing overall email deliverability and preserving brand integrity.