Total

The Beachbody Company, Inc. Announces Q4 and FY 2023 Financial Results; Expects Positive Cash Flow from Operating Activities and Free Cash Flow in Q1 2024

Retrieved on: 
Monday, March 11, 2024
General Health, Health, Fitness & Nutrition, Operating cost, Bodi, Nutrition, Total, Digital, Video game

We expect to have positive cash flow from operating activities and free cash flow in the first quarter.”

Key Points: 
  • We expect to have positive cash flow from operating activities and free cash flow in the first quarter.”
    Total revenue was $119.0 million compared to $148.2 million in the prior year period and exceeded the high end of the guidance range.
  • Operating loss increased by $12.2 million to $60.4 million compared to an operating loss of $48.1 million in the prior year period.
  • Operating loss decreased by $62.2 million to $141.0 million compared to an operating loss of $203.2 million in the prior year.
  • Total cash used in operating activities minus the purchase of property and equipment, which we call free cash flow, was $29.1 million compared to $73.7 million in the prior year.

Sonendo Inc. Reports Fourth Quarter and Full Year 2023 Financial Results and Issues Full Year 2024 Revenue Guidance

Retrieved on: 
Monday, March 11, 2024
Software, Hardware, General Health, Health, Medical Devices, Health Technology, Technology, Dental, TDO, Console, Webcast, Growth, Investment, OTCQX, Sale, Total, Depreciation, Video game

GentleWave Console revenue was $2.9 million for the fourth quarter of 2023, a decrease from $3.9 million for the fourth quarter of 2022.

Key Points: 
  • GentleWave Console revenue was $2.9 million for the fourth quarter of 2023, a decrease from $3.9 million for the fourth quarter of 2022.
  • Gross margin for the fourth quarter of 2023 was 33%, compared to 27% for the fourth quarter of 2022.
  • Total operating expenses for the fourth quarter of 2023 were $13.7 million, compared to $18.1 million for the fourth quarter of 2022.
  • Loss from operations was $9.9 million for the fourth quarter of 2023, compared to $14.8 million for the fourth quarter of 2022.

BlackBerry Reports Fourth Quarter and Full Fiscal Year 2024 Results

Retrieved on: 
Wednesday, April 3, 2024
MIH, SDP, ARR, Internet of things, Sale, BlackBerry Limited, Deployment environment, QNX, Record, AWS, TSX, Investment, Computer security, Stellantis, GAAP, BlackBerry, Total, Corporation, Bank

WATERLOO, Ontario, April 3, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months and fiscal year ended February 29, 2024 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).

Key Points: 
  • WATERLOO, Ontario, April 3, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today reported financial results for the three months and fiscal year ended February 29, 2024 (all figures in U.S. dollars and U.S. GAAP, except where otherwise indicated).
  • "BlackBerry delivered a solid finish to the fiscal year, setting a number of new records in the process.
  • "We also took small, but important steps forward for the Cybersecurity division, with ARR stabilizing and even increasing by 3% sequentially.
  • IoT revenue was an all-time quarterly record $66 million, a 25% year-over-year increase; IoT gross margin remained at 85%.

Quhuo Reports Unaudited Financial Results for the Second Half and Full Year 2023

Retrieved on: 
Wednesday, April 3, 2024
Research, Growth, RMB, COVID-19, Housekeeping, Internet, QH, Total, Video game

Net income was RMB6.0 million (US$0.8 million) in 2023, compared with net loss of RMB16.4 million in 2022.

Key Points: 
  • Net income was RMB6.0 million (US$0.8 million) in 2023, compared with net loss of RMB16.4 million in 2022.
  • Total revenues were RMB1,966.1 million (US$276.9 million), compared with total revenues of RMB1,956.6 million in the second half of 2022.
  • Net income attributable to Quhuo Limited was RMB13.0 million (US$1.8 million), compared with net income attributable to Quhuo Limited of RMB11.8million in the second half of 2022.
  • Adjusted EBITDA was RMB24.1 million (US$3.4 million), compared with adjusted EBITDA of RMB47.8 million in the second half of 2022.

GSE Systems Reports Fourth Quarter and Fiscal 2023 Financial Results

Retrieved on: 
Monday, April 1, 2024
Conference, Interest, Average cost, CFO, Operating cost, Wind, T&M, Workforce, Total, Beauty salon

COLUMBIA, Md., April 1, 2024 /PRNewswire/ -- GSE Solutions. ("GSE Systems, Inc.", "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 fourth quarter ("Q4") and fiscal year ended December 31, 2023.

Key Points: 
  • ("GSE Systems, Inc.", "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 fourth quarter ("Q4") and fiscal year ended December 31, 2023.
  • Backlog at December 31, 2023, was $34.5 million, including $29.0 million of Engineering backlog, and $5.5 million of Workforce Solutions backlog.
  • Emmett Pepe, CFO of GSE Systems, added, "As expected, we continued our improvement in reducing operating expenses as reflected in the reductions both quarter-over-quarter and year-over-year.
  • Operating expenses in Q4 2023 were $4.1 million compared to $4.1 million in Q4 2022, the cost cutting measures implemented during FY 2023 offset the goodwill impairment of $0.5 million recorded in Q4 2023.

CleanSpark Releases March 2024 Bitcoin Mining Update

Retrieved on: 
Monday, April 1, 2024
Bitcoin, Miner, Season, Total, Acquisition, Cryptocurrency

LAS VEGAS, April 1, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2024.

Key Points: 
  • The Company mined 806 bitcoin in March, up 24% from February; total bitcoin holdings now at 5,021
    LAS VEGAS, April 1, 2024 /PRNewswire/ -- CleanSpark Inc. (Nasdaq: CLSK), America's Bitcoin Miner™, today released its unaudited bitcoin mining and operations update for the month ending March 31, 2024.
  • The result was a record amount of bitcoin mined in the last full month before halving," said Zach Bradford, CEO.
  • "I'm also pleased to report that our bitcoin treasury has grown to over 5,000 bitcoin.
  • Total bitcoin holdings as of March 31: 5,021
    Total bitcoin sold in March: 3.37
    The Company sold 3.37 bitcoin in March 2024 at an average of approximately $58,800 per bitcoin.

Ellomay Capital Reports Results for the Fourth Quarter and Full Year of 2023

Retrieved on: 
Sunday, March 31, 2024
Shekel, Season, Tax, Agreement, Dorad Power Station, SWAP, Sale, P-50, Depreciation, Disclosure, Bank statement, RDL, Electricity, Klahim, Legislation, AMPA, Iron, Public expenditure, Good, Israeli new shekel, PPA, Zorlu, Komemiyut, Bank Mizrahi-Tefahot, Acquisition, PV, EBIDTA, Loss, D&O, Greenhouse, Government, Total, Renewable energy

•  Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.

Key Points: 
  • •  Operating expenses were approximately €22.9 million for the year ended December 31, 2023, compared to approximately €23.7 million for the year ended December 31, 2022.
  • •  Project development costs were approximately €4.5 million for the year ended December 31, 2023, compared to approximately €3.8 million for the year ended December 31, 2022.
  • During 2023, the Ellomay Solar project (28 MW) produced revenues from the sale of electricity and green certificates of approximately €4 million.
  • The Company's EBITDA may not be indicative of the Company's historic operating results; nor is it meant to be predictive of potential future results.

Nuvve Provides Fourth Quarter and Full Year 2023 Financial Update

Retrieved on: 
Thursday, March 28, 2024
Research, EV, Growth, SAN, Travel, Insurance, AC, Marketing, Total, Cryptocurrency

SAN DIEGO, March 28, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform designed to enable electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a fourth quarter and full-year 2023 update.

Key Points: 
  • SAN DIEGO, March 28, 2024 /PRNewswire/ -- Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a green energy technology company that provides a globally-available, commercial vehicle-to-grid (V2G) technology platform designed to enable electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provides other grid services, today provided a fourth quarter and full-year 2023 update.
  • Research and development expenses was flat at $2.0 million for the three months ended December 31, 2023 and 2022, respectively.
  • Net loss attributable to non-controlling interest was $0.04 million and $0.08 million for the three months ended December 31, 2023 and 2022, respectively.
  • Nuvve will hold a conference call to review its financial results for the fourth quarter of 2023, along with other company developments at 5:00 PM Eastern Time (2:00 PM PT) today, Thursday, March 28, 2024.

DarioHealth Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results

Retrieved on: 
Thursday, March 28, 2024
Nexus, DTS, Sanofi, Growth, Partnership, Diabetes, Webcast, Ratio, Research, Acquisition, Diabetes Technology Society, Prediabetes, Traction, Depreciation, GAAP, Hypertension, Total, Medicine, Marketing, Video game

NEW YORK, March 28, 2024 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the "Company"), a leader in the global digital health market, today reported financial results for the fourth quarter 2023 and the full year 2023 and provided a corporate and commercial update.

Key Points: 
  • NEW YORK, March 28, 2024 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the "Company"), a leader in the global digital health market, today reported financial results for the fourth quarter 2023 and the full year 2023 and provided a corporate and commercial update.
  • Gross profit as a percentage of revenues decreased to 3.7% in the fourth quarter of 2023, from 40.1% in the fourth quarter of 2022, and 17.3% in the third quarter of 2023.
  • Total operating expenses for the fourth quarter ended December 31, 2023, were $14.3 million compared with $11.7 million for the fourth quarter ended December 31, 2022, and $16.1 million for the third quarter of 2023, an increase of $2.6 million, or 22.2%, compared to the fourth quarter of 2022, and a decrease of $1.8 million, or 11.2%, compared to the third quarter of 2023.
  • Total operating expenses excluding stock-based compensation, acquisition expenses and depreciation for the fourth quarter of 2023 were $9.9 million compared to $10 million for the fourth quarter of 2022, and $10.9 million for the third quarter of 2023.

Keep Inc. Announces 2023 Annual Results

Retrieved on: 
Thursday, March 28, 2024
Research, PIN, Growth, Environment, Call Me, MAU, Acquisition, Maus, Cloud computing, Marketing, Advertising, Total

Supported by the continuous growth of our virtual sports events, average monthly revenues per MAU also increased by 17.6% year-over-year in 2023.

Key Points: 
  • Supported by the continuous growth of our virtual sports events, average monthly revenues per MAU also increased by 17.6% year-over-year in 2023.
  • Revenues from self-branded fitness products were RMB946.1 million in 2023, a decrease of 16.8% from RMB1,137.0 million in 2022.
  • Cost of revenues was RMB1,176.2 million in 2023, a decrease of 10.3% from RMB1,311.2 million in 2022.
  • Adjusted net loss (non-IFRS measure) was RMB295.4 million in 2023, compared with adjusted net loss of RMB666.9 million in 2022.