Going concern

CE Brands Reports Second Quarter 2024 Financial Results

Retrieved on: 
Wednesday, November 29, 2023

CALGARY, AB, Nov. 28, 2023 /CNW/ - CE Brands Inc. (TSXV: CEBI) (TSXV: CEBI.WT) ("CE Brands", "we", "our", or the "Company"), a data-driven consumer-electronics company, today announced its financial results for the six-months ("Q2 2024") ended September 30, 2023.

Key Points: 
  • CALGARY, AB, Nov. 28, 2023 /CNW/ - CE Brands Inc. (TSXV: CEBI) (TSXV: CEBI.WT) ("CE Brands", "we", "our", or the "Company"), a data-driven consumer-electronics company, today announced its financial results for the six-months ("Q2 2024") ended September 30, 2023.
  • The related financial statements and accompanying notes, and Management's Discussion and Analysis ("MD&A") for Q2 2024 are available on SEDAR+ at www.sedarplus.ca and on CE Brands' website at www.cebrands.ca .
  • Except as otherwise indicated, all amounts in the press release are expressed in Canadian dollars.
  • "The second quarter of fiscal 2024 was challenging for CE Brands as management is worked through the re-organization of the business, but these efforts are being realized in the third quarter" said Kalvie Legat, Interim Chief Executive Officer of CE Brands.

CE Brands Reports First Quarter 2024 Financial and Operational Results

Retrieved on: 
Friday, August 25, 2023

CALGARY, Alberta, Aug. 25, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI) (the "Corporation"), a data-driven consumer-electronics company, today announced its financial results for the three-month period ended June 30, 2023 ("Q1 2024").

Key Points: 
  • CALGARY, Alberta, Aug. 25, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI) (the "Corporation"), a data-driven consumer-electronics company, today announced its financial results for the three-month period ended June 30, 2023 ("Q1 2024").
  • Gross profit of approximately $0.54 million in Q1 2024 compared to gross profit of approximately $0.55 million in Q1 2023, representing a decrease of approximately 2%.
  • Net Income of approximately $8.66 million in Q1 2024 compared to approximately $2.54 million of net loss in Q1 2023, an increase of approximately 441%.
  • The following table discloses certain financial information about the Corporation for Q1 2024 and Q1 2023:

Exicure, Inc. Reports Second Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Friday, August 11, 2023

The Company expects that its cash and cash equivalents will fund its current operations into the fourth quarter of 2023.

Key Points: 
  • The Company expects that its cash and cash equivalents will fund its current operations into the fourth quarter of 2023.
  • Research and Development (R&D) Expense: Research and development expenses were $0.9 million for the quarter ended June 30, 2023, as compared to $6.7 million for the quarter ended June 30, 2022.
  • Going Concern: Management believes that the Company’s existing cash and cash equivalents will fund its operating expenses into the fourth quarter of 2023.
  • The Company seeks to raise capital in the third quarter of 2023 to fund its operations through 2024.

CE Brands Reports Fourth Quarter 2023 and Fiscal Year 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023

CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI) ("CE Brands", "we", "our", or the "Company"), a data-driven consumer-electronics company, today announced its financial results for the three-month period ended March 31, 2023 ("Q4 2023") and the year ended March 31, 2023 ("Fiscal 2023").

Key Points: 
  • CALGARY, Alberta, July 27, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI) ("CE Brands", "we", "our", or the "Company"), a data-driven consumer-electronics company, today announced its financial results for the three-month period ended March 31, 2023 ("Q4 2023") and the year ended March 31, 2023 ("Fiscal 2023").
  • The audited consolidated financial statements for Fiscal 2023 and accompanying notes and Management's Discussion and Analysis for Fiscal 2023 ("MD&A") are available on SEDAR at www.sedar.com and on CE Brands' website at www.cebrands.ca .
  • The total revenue for Fiscal 2023 has been consistent with that of the prior year, being a decrease of 4%.
  • Net loss of approximately $28.0 million in Fiscal 2023, up by 175% compared with $10.0 million in Fiscal 2022.

Exicure, Inc. Reports First Quarter 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Friday, July 14, 2023

The Company expects that its cash and cash equivalents will fund its current operations into the fourth quarter of 2023.

Key Points: 
  • The Company expects that its cash and cash equivalents will fund its current operations into the fourth quarter of 2023.
  • Research and Development (R&D) Expense: Research and development expenses were $2.0 million for the quarter ended March 31, 2023, as compared to $7.1 million for the quarter ended March 31, 2022.
  • Going Concern: Management believes that the Company’s existing cash and cash equivalents will fund its operating expenses into the fourth quarter of 2023.
  • The Company seeks to raise capital in the third quarter of 2023 to fund its operations through 2024.

Thunderbird Resorts 2022 Half-Year / Semi-Annual Report Filed

Retrieved on: 
Friday, September 30, 2022

Copies of the 2022 Half-year report and Unaudited Consolidated Financial Statements Report in the English language will be available at no cost at the Group's website at www.thunderbirdresorts.com.

Key Points: 
  • Copies of the 2022 Half-year report and Unaudited Consolidated Financial Statements Report in the English language will be available at no cost at the Group's website at www.thunderbirdresorts.com.
  • We do expect to announce material progress with net debt by the end of the fiscal year 2022.
  • To be prudent, however, we maintain unchanged our Management Statement on Going Concern as last updated in our 2021 Annual Report.
  • THUNDERBIRD RESORTS, INC. CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Expressed in thousands of United States dollars) for the half-year ended June 30, 2022, were approved by the Board of Directors on September 29, 2022, and are contained in the Half-year Report for 2022 posted at www.thunderbirdresorts.com.

Thunderbird Resorts 2021 Annual Report Filed

Retrieved on: 
Saturday, April 30, 2022

ZURICH, April 30, 2022 (GLOBE NEWSWIRE) -- Thunderbird Resorts Inc. ("Thunderbird") (FSE: 4TR; and Euronext: TBIRD) is pleased to announce that its 2021 Annual Report and Audited Consolidated Financial Statements have been filed with the Euronext ("Euronext Amsterdam") and the Netherlands Authority for Financial Markets ("AFM").

Key Points: 
  • ZURICH, April 30, 2022 (GLOBE NEWSWIRE) -- Thunderbird Resorts Inc. ("Thunderbird") (FSE: 4TR; and Euronext: TBIRD) is pleased to announce that its 2021 Annual Report and Audited Consolidated Financial Statements have been filed with the Euronext ("Euronext Amsterdam") and the Netherlands Authority for Financial Markets ("AFM").
  • Below are certain material excerpts from the full 2021 Annual Report, the entirety of which can be found on our website at www.thunderbirdresorts.com .
  • THUNDERBIRD RESORTS, INC. CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Expressed in thousands of United States dollars) For the year ended December 31, 2021, were approved by the Board of Directors on April 30, 2022, and are contained in the 2021 Annual Report posted at www.thunderbirdresorts.com .
  • Thunderbird Resorts Inc. is an international provider of branded casino and hospitality services, focused on markets in Latin America.

Citizens Financial Group, Inc. Announces Agreement to Acquire Investors Bancorp, Inc.

Retrieved on: 
Wednesday, July 28, 2021

This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans and future performance of Citizens and Investors.

Key Points: 
  • This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the financial condition, results of operations, business plans and future performance of Citizens and Investors.
  • These forward-looking statements are based on Citizens and Investors current expectations and assumptions regarding Citizens and Investors businesses, the economy, and other future conditions.
  • Many possible events or factors could affect Citizens and/or Investors future financial results and performance and could cause the actual results, performance or achievements of Citizens and/or Investors to differ materially from any anticipated results expressed or implied by such forward-looking statements.
  • Citizens Financial Group, Inc. is one of the nations oldest and largest financial institutions, with $185.1 billion in assets as of June 30, 2021.

Allegiant to Acquire Land Adjacent to Recent High-Grade Gold Discovery at Eastside

Retrieved on: 
Wednesday, July 7, 2021

The United States Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements.

Key Points: 
  • The United States Private Securities Litigation Reform Act of 1995 provides a safe harbor for certain forward-looking statements.
  • Forward-looking statements are statements and information regarding possible events, conditions or results of operations that are based upon assumptions about future economic conditions and courses of action.
  • All statements and information other than statements of historical fact may be forward-looking statements.
  • You are cautioned not to place undue reliance on forward-looking statements contained in this press release.

Abitibi Royalties Declares Q3-2021 Dividend Payments

Retrieved on: 
Monday, June 7, 2021

This news release contains certain statements that may be deemed "forward-looking statements".

Key Points: 
  • This news release contains certain statements that may be deemed "forward-looking statements".
  • Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements.
  • Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made.
  • Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.