Marketing Accountability Standards Board

ALPHAMIN ANNOUNCES INTERIM FY2023 DIVIDEND/ Q2 OPERATIONAL AND FINANCIAL UPDATE

Retrieved on: 
Monday, July 24, 2023

4This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.

Key Points: 
  • 4This is not a standardized financial measure and may not be comparable to similar financial measures of other issuers.See “Use of Non-IFRS Financial Measures” below for the composition and calculation of this financial measure.
  • Alphamin achieved excellent tin production of 3,151 tonnes for the quarter ended June 2023.
  • The Alphamin project team, together with the existing site team, remains focussed on operational readiness preparation.
  • The Board has declared an interim FY2023 cash dividend of CAD$0.03 per share on the common shares (approximately US$29 million in the aggregate) (the “Dividend”).

Atlas Energy Solutions Announces First Quarter 2023 Results

Retrieved on: 
Monday, May 8, 2023

Bud Brigham, Founder, Executive Chairman and CEO, commented, “This was a tremendous quarter for Atlas and a great start to the year.

Key Points: 
  • Bud Brigham, Founder, Executive Chairman and CEO, commented, “This was a tremendous quarter for Atlas and a great start to the year.
  • First quarter 2023 service sales decreased by $2.7 million, or 9.7%, sequentially, to $25.3 million.
  • Net income for the first quarter of 2023 increased $0.3 million, or 0.5%, as compared to the fourth quarter of 2022, to $62.9 million.
  • Adjusted EBITDA for the first quarter of 2023 increased by $8.8 million, or 11.7%, as compared to the fourth quarter of 2022, to $84.0 million.

Warrior Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

Warrior Met Coal, Inc. (NYSE: HCC) (“Warrior” or the “Company”) today announced results for the first quarter of 2023.

Key Points: 
  • Warrior Met Coal, Inc. (NYSE: HCC) (“Warrior” or the “Company”) today announced results for the first quarter of 2023.
  • Warrior reported net income for the first quarter of 2023 of $182.3 million, or $3.51 per diluted share, representing a 25% increase over net income of $146.2 million, or $2.83 per diluted share, in the first quarter of 2022.
  • “We are pleased to share another extremely strong quarter, both in terms of financial results and better-than-expected sales and production volumes,” commented Walt Scheller, CEO of Warrior.
  • Cost of sales for the first quarter of 2023 were $232.6 million compared to $135.3 million for the first quarter of 2022.

EVERI REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Retrieved on: 
Wednesday, March 1, 2023

LAS VEGAS, March 1, 2023 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company") today announced results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • FinTech revenues for the 2022 fourth quarter increased 23% to $92.2 million compared to $75.0 million in the fourth quarter of 2021, reflecting 10% growth in financial access services, an 18% gain in software and other revenues, and a 102% increase in hardware sales.
  • Software and other revenues, which include Loyalty and RegTech software, product subscriptions, kiosk maintenance services, and other revenues, rose 18% to $21.2 million in the fourth quarter of 2022 compared to $17.9 million in the fourth quarter 2021.
  • Approximately 79% and 76% of software and other revenues were of a recurring nature in the 2022 and 2021 fourth quarter periods, respectively.
  • The Company will host an investor conference call to discuss its 2022 fourth quarter and full year results at 11:00 a.m. EST (8:00 a.m. PST) today.

Coterra Energy Reports Fourth-Quarter and Full-Year 2022 Results, Provides 2023 Outlook and Updates Shareholder Return Strategy

Retrieved on: 
Wednesday, February 22, 2023

Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported fourth-quarter and full-year 2022 financial and operating results.

Key Points: 
  • Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported fourth-quarter and full-year 2022 financial and operating results.
  • Adjusted net income (non-GAAP) for fourth-quarter 2022, excluding non-recurring items, was $905 million, or $1.16 per share.
  • Coterra's 2022 return strategy targeted 50%+ of Free Cash Flow (non-GAAP) paid via cash dividends (base + variable).
  • Coterra will host a conference call tomorrow, Thursday, February 23, 2023, at 9:00 AM CT (10:00 AM ET), to discuss fourth-quarter and full-year 2022 financial and operating results and its 2023 outlook.

Warrior Met Coal Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, February 15, 2023

Warrior Met Coal, Inc. (NYSE:HCC) (“Warrior” or the “Company”) today announced results for the fourth quarter and full-year 2022.

Key Points: 
  • Warrior Met Coal, Inc. (NYSE:HCC) (“Warrior” or the “Company”) today announced results for the fourth quarter and full-year 2022.
  • Warrior reported fourth quarter 2022 net income of $99.7 million, or $1.93 per diluted share, compared to net income of $138.5 million, or $2.68 per diluted share, in the fourth quarter of 2021.
  • While sales volumes were flat quarter over quarter, average net selling prices were 17% lower in the fourth quarter of 2022 compared to 2021, primarily due to stronger met coal market pricing in late 2021.
  • The Company produced 1.5 million short tons of met coal in the fourth quarter of 2022 compared to 1.1 million short tons in the fourth quarter of 2021.

ALPHAMIN ANNOUNCES RECORD ANNUAL TIN PRODUCTION AND EBITDA GUIDANCE/ DECLARATION OF FINAL FY2022 DIVIDEND

Retrieved on: 
Monday, January 30, 2023

Alphamin achieved record tin production of 12,493 tonnes for the year ended December 2022, exceeding market guidance of 12,000 tonnes.

Key Points: 
  • Alphamin achieved record tin production of 12,493 tonnes for the year ended December 2022, exceeding market guidance of 12,000 tonnes.
  • Sales volumes for FY2022 and Q4 were in line with production at an average achieved tin price of US$30,636/t and US$21,436/t, respectively.
  • The record estimated FY2022 EBITDA saw an average tin price achieved of US$30,636/t, in line with current tin prices of around US$30,000/t.
  • The Board has declared a final FY2022 cash dividend of CAD$0.03 per share on the common shares (approximately US$28.7m in the aggregate) (the “Dividend”).

Boxed, Inc. Announces Exploration of Strategic Alternatives

Retrieved on: 
Thursday, January 5, 2023

In addition, the Company is, in parallel, actively exploring capital raising initiatives, and is targeting the announcement of additional funding within the next 45 days.

Key Points: 
  • In addition, the Company is, in parallel, actively exploring capital raising initiatives, and is targeting the announcement of additional funding within the next 45 days.
  • The Board has retained Cowen and Solomon Partners Securities, LLC as its financial advisors and Freshfields Bruckhaus Deringer (US) LLP as its legal advisor to assist with the strategic alternatives process.
  • There can be no assurance that any offers will be made or accepted, that any agreement will be executed, or that any transaction will be consummated, in connection with the strategic alternatives or capital raising processes.
  • Boxed does not intend to make further announcements about the strategic alternatives or capital raising processes unless and until the Board has approved a specific transaction or otherwise determines that further disclosure is appropriate or necessary.

Ancora Issues Letter to IAA’s Board of Directors Regarding the Need for a Leadership Change or Sale Process

Retrieved on: 
Tuesday, March 15, 2022

Ancora Holdings Group, LLC today released the below letter that has been sent to IAA Inc.s Board of Directors.

Key Points: 
  • Ancora Holdings Group, LLC today released the below letter that has been sent to IAA Inc.s Board of Directors.
  • Since being spun off from KAR Auction Services, Inc. (KAR) in 2019, IAA has dramatically underperformed the broader market, relevant peers and Copart.
  • In our view, Chief Executive Officer John Kett bears significant responsibility for these unacceptable missteps and results.
  • If the Board is unwilling to act with urgency to improve leadership, it should run a formal sale process to sell the Company.

TikTok Named World's Fastest-Growing Brand by Brand Finance Global 500 2022 Report

Retrieved on: 
Wednesday, January 26, 2022

DALLAS, Jan. 26, 2022 /PRNewswire/ -- TikTokhas been named the world's fastest-growing brand by a new report published today.

Key Points: 
  • DALLAS, Jan. 26, 2022 /PRNewswire/ -- TikTokhas been named the world's fastest-growing brand by a new report published today.
  • Claiming 18th spot among the world's top 500 most valuable brands, it is the highest new entrant to the Brand Finance Global 500 2022 ranking.
  • The world's top 500 most valuable and strongest brands are included in the annual Brand Finance Global 500 ranking now in its 16th year and the United States' top 500 most valuable and strongest brands are included in the Brand Finance US 500 ranking .
  • Breaking the results down to country level, brands from the United States and China continue to dominate the Brand Finance Global 500 .