NTR

NaaS Technology Inc. Reports Unaudited 2023 Fourth Quarter and Full Year Financial Results

Retrieved on: 
Thursday, March 28, 2024

2023 Fourth Quarter Financial Results:

Key Points: 
  • 2023 Fourth Quarter Financial Results:
    Total revenues reached RMB64.4 million (US$9.1 million) for the fourth quarter of 2023, representing an increase of 119% year over year.
  • Total cost of revenues increased 114% from RMB22.3 million for the fourth quarter of 2022 to RMB47.7 million (US$6.7 million) for the fourth quarter of 2023.
  • Total operating expenses increased from RMB128.8 million for the fourth quarter of 2022 to RMB415.5 million (US$58.5 million) for the fourth quarter of 2023.
  • Net margin decreased from negative 431% for the fourth quarter of 2022 to negative 770% for the fourth quarter of 2023 and non-IFRS net margin decreased from negative 380% for the fourth quarter of 2022 to negative 494% for the fourth quarter of 2023.

Nutrien to Host Investor Day on June 12

Retrieved on: 
Monday, March 25, 2024

Nutrien Ltd. (TSX and NYSE: NTR) announced today it is hosting an Investor Day in New York on June 12, 2024, at 10:00 a.m.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today it is hosting an Investor Day in New York on June 12, 2024, at 10:00 a.m.
  • Nutrien’s Executive Leadership team will provide an update on the company’s outlook, strategic plans and capital allocation priorities.
  • In-person attendance is reserved for institutional shareholders and sell-side analysts.
  • The meeting will be webcast and a replay made available following the event.

Stellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth and 14-Fold Gross Profit Surge, Underpinning Upgraded Analytic Capabilities in Scale-up Connectivity

Retrieved on: 
Thursday, March 28, 2024

These results demonstrated the company's "exponential growth and expanding prowess in energy management and storage solutions" as stated by CEO Wang Yang.

Key Points: 
  • These results demonstrated the company's "exponential growth and expanding prowess in energy management and storage solutions" as stated by CEO Wang Yang.
  • As reported, NaaS' 2023 revenue reached RMB320.1 million (US$45.1 million), hitting a 245% YoY growth.
  • Gross margin increased noticeably from 6.6% to 27.7%, with the gross profit grew 14.4 times to RMB88.8 million (US$12.5 million) in 2023.
  • A 74% YoY growth of gross transaction value amounted to RMB4.7 billion (US$661.6 million) and a total of 213.8 million orders demonstrated 75% YoY growth.

Cibus and Loveland Products Collaborate to Develop and Sell Rice Traits in the US

Retrieved on: 
Monday, February 26, 2024

Cibus has agreed to collaborate with Loveland Products to provide traits into Loveland’s elite rice seed genetics.

Key Points: 
  • Cibus has agreed to collaborate with Loveland Products to provide traits into Loveland’s elite rice seed genetics.
  • “Loveland Products is constantly striving to bring innovative solutions to the marketplace across the agricultural industry,” says Rob Dunlop, Vice President of North America seed at Nutrien.
  • “We are excited to collaborate with Cibus to help address some of the most pressing weed management challenges of US rice growers.”
    “We are thrilled to work with the Loveland Products and Dyna-Gro teams to deliver new herbicide management options to rice growers,” stated Norm Sissons, Senior Vice President Commercial at Cibus.
  • “Importantly, our recent results using our Trait MachineTM to add traits like herbicide tolerance in rice show we can provide collaborators with new traits in their elite genetics on an accelerated timescale.”

Nutrien Releases 2023 Global Sustainability Report

Retrieved on: 
Thursday, March 7, 2024

Nutrien Ltd. (TSX and NYSE: NTR) released its Global Sustainability Report today, detailing Nutrien’s performance and progress on its sustainability initiatives for the year ending 2023.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) released its Global Sustainability Report today, detailing Nutrien’s performance and progress on its sustainability initiatives for the year ending 2023.
  • “Nutrien has a critical role to play in helping provide the food, fuel and fiber the world needs.
  • Key highlights from the Global Sustainability Report include:
    Measured, documented and calculated sustainable outcomes on approximately two million sustainably engaged acres in North America, South America and Australia.
  • To view Nutrien’s Global Sustainability Report, please click here .

Nutrien Files 2023 Annual Disclosures

Retrieved on: 
Friday, March 1, 2024

Nutrien Ltd. (TSX and NYSE: NTR) announced today that its 2023 Annual Report, including Management's Discussion and Analysis and Audited Consolidated Financial Statements, as well as its Annual Information Form are available on the EDGAR section of the US Securities and Exchange Commission's website at www.sec.gov and the Canadian Securities Administrators' website at www.sedarplus.ca .

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today that its 2023 Annual Report, including Management's Discussion and Analysis and Audited Consolidated Financial Statements, as well as its Annual Information Form are available on the EDGAR section of the US Securities and Exchange Commission's website at www.sec.gov and the Canadian Securities Administrators' website at www.sedarplus.ca .

Nutrien Announces TSX Approval for Its Renewed Share Repurchase Program

Retrieved on: 
Tuesday, February 27, 2024

The actual number of common shares that may be purchased under the NCIB and the timing of any such purchases will be determined by Nutrien.

Key Points: 
  • The actual number of common shares that may be purchased under the NCIB and the timing of any such purchases will be determined by Nutrien.
  • As of February 16, 2024, Nutrien had 494,563,180 common shares outstanding and, therefore, is permitted to repurchase up to 24,728,159 of its outstanding common shares pursuant to the NCIB.
  • Subject to exceptions for block purchases, Nutrien will limit daily purchases of common shares on the TSX in connection with the NCIB to no more than twenty-five percent (290,908 common shares) of the average daily trading volume of the common shares on the TSX (1,163,632 common shares) during any trading day.
  • As of February 16, 2024, Nutrien repurchased an aggregate of 5,375,397 common shares at a weighted-average price of US$69.76 per share, for an aggregate of US$374,998,896 under the prior NCIB.

Nutrien Increases Quarterly Dividend and Announces Intent to Launch a New Share Repurchase Program

Retrieved on: 
Wednesday, February 21, 2024

This represents an approximately two percent increase from the prior dividend declared on November 1, 2023 and equates to an annualized dividend of US$2.16 per share.

Key Points: 
  • This represents an approximately two percent increase from the prior dividend declared on November 1, 2023 and equates to an annualized dividend of US$2.16 per share.
  • However, registered shareholders of Nutrien may elect to change the currency of their dividend payments to US dollars or Canadian dollars, as applicable.
  • In addition, Nutrien offers registered shareholders direct deposit by electronic funds transfer for dividend payments.
  • All dividends paid by Nutrien are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as eligible dividends.

NaaS Technology Inc. Records Fifth Consecutive Month of Net Take Rate Growth

Retrieved on: 
Friday, March 8, 2024

Achieved a positive NTR of 0.75% in February 2024, records fifth consecutive month of Net Take Rate growth.

Key Points: 
  • Achieved a positive NTR of 0.75% in February 2024, records fifth consecutive month of Net Take Rate growth.
  • Showcased exceptional business expansion with an 80% increase in charging volume in 2023.
  • BEIJING, March 8, 2024 /PRNewswire/ -- NaaS Technology Inc. (Nasdaq: NAAS) ("NaaS" or the "Company"), the first U.S. listed EV charging service company in China, today announced that the net take rate (NTR)[1] for its interconnectivity services (as part of its charging services)  reached 0.75% in February 2024, following its first positive NTR in January.
  • In 2023, the Company witnessed an 80% year-over-year growth in charging volume for its charging services.

MCAP Inc. Reports Fourth Quarter 2023 EPS of $0.12 Per Share

Retrieved on: 
Monday, March 4, 2024

ORLANDO, Fla., March 4, 2024 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology company, today reported fourth quarter 2023 earnings of $0.12 per share.

Key Points: 
  • ORLANDO, Fla., March 4, 2024 /PRNewswire/ -- MCAP Inc. (OTC: MCAP), a financial technology company, today reported fourth quarter 2023 earnings of $0.12 per share.
  • Quarterly gross revenue was $43mm with NTR of $20mm, resulting in quarterly EBITDA of $4.3mm and after-tax net income of $2.8mm.
  • MCAP continues to expand through its investment in customer relationships, application software development, securities execution platforms and diversification of business lines.
  • The Company also seeks additional M&A opportunities that are aligned with the Company's core competencies while creating long-term shareholder value.