YTD

Karooooo Demonstrates Its Ability to Grow at Scale, Expand Margins and Deliver Record Earnings

Retrieved on: 
Monday, January 22, 2024

“These results extend the group’s track record of robust growth at scale, profitability and cash generation over more than a decade.

Key Points: 
  • “These results extend the group’s track record of robust growth at scale, profitability and cash generation over more than a decade.
  • The group’s success is underpinned by an entrepreneurial, innovative, agile and customer-centric culture with a prudent capital allocation strategy focused on growth.
  • In Q3 2024, our subscription revenue grew 17% to ZAR904 million (Q3 2023: ZAR772 million) and ARR grew 20% to ZAR3,711 million (Q3 2023: ZAR3,097 million).
  • Cartrack continues to build on its track record of growing at scale and experienced strong customer acquisition in the quarter.

LTIMindtree Delivers 3.5% YoY USD Revenue Growth

Retrieved on: 
Wednesday, January 17, 2024

For the quarter, we reported a revenue of USD 1.08 billion, a 3.5% YoY growth in USD terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY.

Key Points: 
  • For the quarter, we reported a revenue of USD 1.08 billion, a 3.5% YoY growth in USD terms, an EBIT margin of 15.4%, an increase of 150 bps YoY, and a PAT margin of 13%, an increase of 140 bps YoY.
  • LTIMindtree will drive transformation across the technology landscape through multiple services including Cloud Migration, End User Services, Security, and Application Development and Support.
  • A US-based premier oil and gas producer selected LTIMindtree as their strategic partner for end-to-end technology services.
  • LTIMindtree recognized as a Major Contender in Everest Group's Digital Interactive Experience (IX) Services PEAK Matrix® Assessment 2023 – North America.

RENTING A HOME STILL MORE AFFORDABLE THAN OWNING ACROSS U.S. EVEN AS BOTH REMAIN FINANCIAL STRETCH

Retrieved on: 
Thursday, January 18, 2024

IRVINE, Calif., Jan. 18, 2024 /PRNewswire/ -- ATTOM, a leading curator of land, property and real estate data, today released its 2024 Rental Affordability Report, which shows that median three-bedroom rents in the U.S. are more affordable than owning a similarly-sized home in nearly 90 percent of local markets around the nation.

Key Points: 
  • Those two data sources were combined with average wage figures from the Bureau of Labor Statistics (see full methodology below).
  • "Finding an affordable home remains a daunting prospect around the country for average workers, regardless of whether they want to buy or rent.
  • "But the latest data shows that even as rents are growing faster, they remain more affordable than owning."
  • Renting a three-bedroom home, while still difficult for average workers, is most affordable in 2024 compared to owning a median-priced single-family home in the nation's largest counties.

DocSend 2023 Year-End Data Indicates Positive Fundraising Momentum Going Into 2024

Retrieved on: 
Wednesday, January 17, 2024

SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- DocSend, a secure document sharing platform and Dropbox (NASDAQ: DBX) company, released a new data analysis of startup fundraising showing positive momentum for the first time in six quarters, based on investor engagement with pitch decks. The Pitch Deck Interest (PDI) metrics prompt hope for increased dealmaking in Q1, due to encouraging year-over-year (YoY) investor interest and founder activity.

Key Points: 
  • SAN FRANCISCO, Jan. 17, 2024 /PRNewswire/ -- DocSend , a secure document sharing platform and Dropbox (NASDAQ: DBX) company, released a new data analysis of startup fundraising showing positive momentum for the first time in six quarters, based on investor engagement with pitch decks.
  • Conversely, founders were less active in sending out their pitch decks to investors in Q4, with activity dropping almost 6% QoQ.
  • Investor time spent reviewing decks continuously decreased over 2023, hitting an all-time low in Q4 of two minutes and 24 seconds.
  • "As we enter 2024, we are seeing glimmers of hope for founders seeking funding," said Justin Izzo, lead data and trends analyst at Dropbox DocSend.

Mercedes-Benz USA Reports Q4 2023 Total Sales of 90,014 Vehicles

Retrieved on: 
Thursday, January 11, 2024

Additionally, Mercedes-Benz Vans reported Q4 2023 sales of 17,701 units, bringing MBUSA to a total of 90,014 vehicles for the quarter.

Key Points: 
  • Additionally, Mercedes-Benz Vans reported Q4 2023 sales of 17,701 units, bringing MBUSA to a total of 90,014 vehicles for the quarter.
  • Sales in the Top-End segment is up 15% for 2023 compared to 2022 with a total of 94,391 units sold.
  • “Our 2023 sales results demonstrate another year of strong brand and volume growth for Mercedes-Benz USA.
  • Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 137,518 vehicles for 2023, an increase of 2% versus 2022.

Telegram Crypto Innovator TG.Casino $TGC Token Launches on DEX Today at 6pm UTC

Retrieved on: 
Thursday, January 4, 2024

This comes after the breakout of the TG.Casino presale , in which $5,000,000 was raised, representing 100% of the fundraising goal.

Key Points: 
  • This comes after the breakout of the TG.Casino presale , in which $5,000,000 was raised, representing 100% of the fundraising goal.
  • TG.Casino holders will also welcome the news that the gaming platform has surpassed the significant $100m wagering milestone two-months earlier than expected.
  • Quickly become a trending coin on popular trading sites such as DEXtools, marking TG.Casino a prime candidate for watch lists.
  • And this is without considering the long-term growth potential of the most exciting GameFi token launch of 2024, due to the rising interest in crypto casinos.

Telegram Crypto Innovator TG.Casino $TGC Token Launches on DEX Today at 6pm UTC

Retrieved on: 
Thursday, January 4, 2024

This comes after the breakout of the TG.Casino presale , in which $5,000,000 was raised, representing 100% of the fundraising goal.

Key Points: 
  • This comes after the breakout of the TG.Casino presale , in which $5,000,000 was raised, representing 100% of the fundraising goal.
  • TG.Casino holders will also welcome the news that the gaming platform has surpassed the significant $100m wagering milestone two-months earlier than expected.
  • Quickly become a trending coin on popular trading sites such as DEXtools, marking TG.Casino a prime candidate for watch lists.
  • And this is without considering the long-term growth potential of the most exciting GameFi token launch of 2024, due to the rising interest in crypto casinos.

Daythree Achieves Remarkable Growth, with a Record RM66.3 Million in Revenue

Retrieved on: 
Thursday, November 23, 2023

KUALA LUMPUR, Nov 23, 2023 - (ACN Newswire) - Daythree Digital Berhad ("Daythree" or the "Group"), a leading Global Business Services ("GBS") provider, has announced a robust year-to-date ("YTD") revenue of RM66.3 million, eclipsing the total revenue of RM65.1 million for FY2022.

Key Points: 
  • KUALA LUMPUR, Nov 23, 2023 - (ACN Newswire) - Daythree Digital Berhad ("Daythree" or the "Group"), a leading Global Business Services ("GBS") provider, has announced a robust year-to-date ("YTD") revenue of RM66.3 million, eclipsing the total revenue of RM65.1 million for FY2022.
  • This impressive performance is anchored by the Energy and Utilities segment, contributing RM28.9 million, or 43.6% of the total revenue, demonstrating Daythree's resilient revenue growth amidst challenging market conditions.
  • Daythree reported a gross profit of RM5.0 million in Q3, down from RM6.3 million in the preceding quarter.
  • The Group's profit before taxation ("PBT") stood at RM1.8 million, a decrease from RM3.6 million in the preceding quarter, primarily due to non-recurring listing expenses of RM1.2 million.

EQS-News: Photon Energy Group Achieves Record Electricity Generation in Challenging Third Quarter of 2023

Retrieved on: 
Saturday, December 30, 2023

In the first nine months of 2023, the Company’s unaudited consolidated revenues amounted to EUR 59.456 million, down by 12.3% YoY.

Key Points: 
  • In the first nine months of 2023, the Company’s unaudited consolidated revenues amounted to EUR 59.456 million, down by 12.3% YoY.
  • Amsterdam – 14 November 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (the ‘Group’ or the ‘Company’) has announced its unaudited financial results for the nine months ended on September 30, 2023, as well as recent operational developments.
  • ‘The third quarter has confirmed that 2023 is a very challenging year in many of our key business areas.
  • Revenues from electricity generation amounted to EUR 18.663 million, down by 40.6% YoY, mainly due to lower realised electricity prices and unfavourable weather conditions.

Appia Re-Evaluates Potential of Its Elliot Lake Uranium Deposits in View of Increased Uranium Prices, Confirmation of Significant Rare Earth Mineralization and Bulk Mining Potential

Retrieved on: 
Thursday, November 16, 2023

REEs have also attracted strong interest due to supply chain issues and concerns about China's dominance of REEs processing.

Key Points: 
  • REEs have also attracted strong interest due to supply chain issues and concerns about China's dominance of REEs processing.
  • "The Company holds a large ground position in Elliot Lake with a historical resource (non-compliant) totalling approximately 199 million lbs.
  • The increased interest in uranium and REEs, plus the cost-savings potential of bulk mining bode well for Appia's Elliot Lake Project."
  • The total rare earth metal content was increased by approximately 6 times the uranium content.