Q3

HKTDC Export Index 3Q21: COVID, transportation costs dim Christmas sales outlook

Tuesday, September 14, 2021 - 10:00am

The latest survey results indicate perceived uncertainties over Hong Kong's export performance in the coming months, especially during the traditional peak Christmas season.

Key Points: 
  • The latest survey results indicate perceived uncertainties over Hong Kong's export performance in the coming months, especially during the traditional peak Christmas season.
  • HKTDC Director of Research Nicholas Kwan said business confidence in Hong Kong's exports for the near term has been undermined by continuing uncertainties over the COVID-19 pandemic and surging transportation costs.
  • The most-cited pandemic-induced problems include reduced order sizes (59.5%) and order cancellations (28.1%), as well as disruptions to logistics and distribution (58.6%) and increased transportation costs (53.6%).
  • - HKTDC Export Index 3Q21: Threat of Covid-19 Variants Triggers Decline in Exporter Confidence Over the Near Term: https://bit.ly/3k5GEde

Facedrive Provides a Corporate Update

Wednesday, September 1, 2021 - 11:00am

The Companys merchandise sales through Facedrive Foods platform had 2,493 restaurant customers and Facedrive Foods was fulfilling orders at the rate of over 4,000 per month as of June 30, 2021.

Key Points: 
  • The Companys merchandise sales through Facedrive Foods platform had 2,493 restaurant customers and Facedrive Foods was fulfilling orders at the rate of over 4,000 per month as of June 30, 2021.
  • Facedrive intends to continue with its revenue expansion plans with contemplated geographical and additional product line expansion plans for Q3 and Q4 2021.
  • This provides Facedrive Foods, Facedrives food delivery platform, with a cost-effective customer acquisition model, valuable market data, as well as an additional potential revenue stream through in-app advertising.
  • Facedrives service offerings include its: (i) eco-friendly rideshare business, Facedrive Rideshare; (ii) food delivery service, Facedrive Foods; (iii) electric and hybrid vehicle subscription business, Steer; (iv) contact-tracing and connected health technology services, Facedrive Health; (v) e-commerce platform, Facedrive Marketplace; and (vi) e-social platform, Facedrive Social.

DGAP-News: Endor AG: Successful Annual General Meeting 2021 and subdued sales and earnings development in 1st half of 2021

Tuesday, August 31, 2021 - 3:27pm

Landshut, August 31, 2021 - Endor AG was confirmed in its growth course by its shareholders at the virtual Annual General Meeting 2021.

Key Points: 
  • Landshut, August 31, 2021 - Endor AG was confirmed in its growth course by its shareholders at the virtual Annual General Meeting 2021.
  • The Endor Group's net income tripled from EUR 4.2 million to EUR 12.4 million in fiscal 2020, thus meeting all forecasts.
  • This development could not be continued entirely in the first half of 2021.
  • In total, sales in the first half of 2021 were down two percent on the previous year at EUR 35.4 million.

Red White & Bloom Brands Reports Q2 2021

Tuesday, August 31, 2021 - 3:40am

TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. (CSE: RWB and OTCQX: RWBYF) (“RWB” or the “Company”), a multi-state cannabis operator and house of premium brands, is pleased to report select second quarter (Q2, 2021) financial results and subsequent events. The Company will be filing its Q2 2021 financial statements and related Management's Discussion and Analysis (“MD&A”) today.

Key Points: 
  • TORONTO, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Red White & Bloom Brands Inc. ( CSE: RWB and OTCQX: RWBYF ) (RWB or the Company), a multi-state cannabis operator and house of premium brands, is pleased to report select second quarter (Q2, 2021) financial results and subsequent events.
  • The Company will be filing its Q2 2021 financial statements and related Management's Discussion and Analysis (MD&A) today.
  • Revenue for Q2, 2021 was $13.3 million compared to $11.8 million in Q1, 2021, an increase of 13% vs Q1, 2021.
  • For more information about Red White & Bloom Brands Inc., please contact:

Spectra7 Announces Second Quarter Revenue up 185% Year-Over-Year

Monday, August 30, 2021 - 10:15pm

SAN JOSE, Calif., Aug. 30, 2021 /PRNewswire/ -- (TSXV:SEV) (OTCQB:SPVND) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced financial results for its second quarter of 2021. A copy of the unaudited interim consolidated financial statements for the three- and six-month periods ended June 30, 2021, prepared in accordance with International Financial Reporting Standards (IFRS), and the corresponding management's discussion and analysis (MD&A) will be available under the Company's profile on the Canadian Securities Administrator's SEDAR website at www.sedar.com. All amounts reported are in U.S. dollars unless otherwise noted.

Key Points: 
  • Revenue for Q2 2021 was $0.73 million, representing an increase of approximately 30% from Q1 2021, and an increase of approximately 185% over the second quarter of the prior year.
  • Gross margin1 as a percentage of revenue for Q2 2021 was 59%, representing an increase of approximately 2% over the prior quarter, and an increase of 3% over the second quarter of the prior year.
  • Led by strong data center order backlog and supply availability, the Company expects continued revenue growth for the second half of 2021.
  • Spectra7 currently estimates total revenue in the second half of 2021 will be between $4.0 million and $5.0 million, with sequential increases in both Q3 and Q44.

UAT Group Inc. Acquires Additional 6% of Next Casting Technologies

Thursday, August 26, 2021 - 1:00pm

Tampa, FL, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc. (OTC Pink: UATG) announced today that it has purchased an additional 6% of the Austin, Texas based medical company Next Casting Technologies.

Key Points: 
  • Tampa, FL, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Umbra Applied Technologies Group, Inc. (OTC Pink: UATG) announced today that it has purchased an additional 6% of the Austin, Texas based medical company Next Casting Technologies.
  • Next Casting Technologies (NCT), is a research and design-centric, biomedical technology company, with an expanding portfolio of intellectual property.
  • For more information about Next Cast go here: https://www.nextorthocast.com/
    About Umbra Applied Technologies Group, Inc.:
    The firm is located in Tampa Florida and focuses on advanced technologies across many disciplines.
  • Umbra Applied Technologies Group does not assume the obligation to update any forward-looking statement, except as required by applicable law.

Comvita Announces Strong Earnings Improvement

Thursday, August 26, 2021 - 2:31am

TAURANGA, New Zealand, Aug. 26, 2021 /PRNewswire/ -- Comvita (NZX:CVT) today released its full year audited results for the year ending 30thJune 2021, reporting a full year EBITDA at the top end of its market guidance at $25.5M. This represents an increase of +511% versus the prior corresponding period (PCP) driven by strong performance in its focus growth markets, focus channels and categories, underpinned by $12.1M of benefits from its transformation programme over the last 18 months.

Key Points: 
  • Comvita Chair Brett Hewlett commented, "As I shared at the Annual Shareholder Meeting in October 2020, FY21 was a crucial year for Comvita as we looked to prove the significant potential that exists to all stakeholders.
  • We are pleased to report strong earnings growth at the top end of guidance, good management of cash and working capital and to be able to reward our shareholders with the resumption of dividends.
  • Despite increasing marketing investment by 139% versus PCP, net contribution increased by 25% as top line growth translated to strong earnings improvement.
  • Comvita continued its strong performance in both its focus Mnuka honey category and in the digital channel with both recording double digit top and bottom-line growth.

Comvita Announces Strong Earnings Improvement

Thursday, August 26, 2021 - 2:13am

TAURANGA, New Zealand, Aug. 25, 2021 /PRNewswire/ -- Comvita (NZX:CVT) today released its full year audited results for the year ending 30thJune 2021, reporting a full year EBITDA at the top end of its market guidance at $25.5M. This represents an increase of +511% versus the prior corresponding period (PCP) driven by strong performance in its focus growth markets, focus channels and categories, underpinned by $12.1M of benefits from its transformation programme over the last 18 months.

Key Points: 
  • Comvita Chair Brett Hewlett commented "As I shared at the Annual Shareholder Meeting in October 2020, FY21 was a crucial year for Comvita as we looked to prove the significant potential that exists to all stakeholders.
  • We are pleased to report strong earnings growth at the top end of guidance, good management of cash and working capital and to be able to reward our shareholders with the resumption of dividends.
  • Despite increasing marketing investment by 139% versus PCP, net contribution increased by 25% as top line growth translated to strong earnings improvement.
  • Comvita continued its strong performance in both its focus Mnuka honey category and in the digital channel with both recording double digit top and bottom-line growth.

Mastermind Posts $415,000 in Net Income for Q3 2021

Tuesday, August 24, 2021 - 6:19pm

Mastermind, Inc. (OTC QB: MMND), a leading vertically-integrated digital marketing company that designs, creates and activates marketing initiatives for global brands, today announced financial results for Q3, ended June 30, 2021.

Key Points: 
  • Mastermind, Inc. (OTC QB: MMND), a leading vertically-integrated digital marketing company that designs, creates and activates marketing initiatives for global brands, today announced financial results for Q3, ended June 30, 2021.
  • Dan Dodson, CEO of Mastermind, commented, Results for Q3 2021 were strong and reflected solid revenue from clients in Influencer Marketing, Social, and Mobile.
  • Mastermind is also having M&A discussions with a number of agencies of varying size across the US.
  • Revenue for 9 months ended 2021 was $2,905,000 vs. $2,876,000
    Net Income for the 9 months ended 2021 was $415,000, an increase of $167,000 over 2020
    Detailed financial information can be found in Masterminds Quarterly Report on Form 10-Q for the period ended June 30, 2021 and filed with the Securities Exchange Commission on August 23, 2021.

Confluent Launches Q3 ʼ21 Release, Making It Easier Than Ever for Any Organization to Set Data in Motion

Tuesday, August 17, 2021 - 4:30pm

Confluent, Inc. , the platform to set data in motion, today announced the Confluent Q3 21 Release.

Key Points: 
  • Confluent, Inc. , the platform to set data in motion, today announced the Confluent Q3 21 Release.
  • Existing data architectures were designed for data at rest, so they simply arent equipped for continuous, real-time flows of data.
  • The Confluent Q3 21 Release helps companies harness data as its generated across more business applications and cloud environments at global scale to build a reliable, central nervous system for data in motion.
  • The Confluent Q3 21 release aims to help organizations break data silos, reliably share data between different environments, and simplify how organizations use data to react, respond, and adapt in real time.