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Avante Logixx Inc. Announces Financial Results For The Second Fiscal Quarter Ended September 30, 2022

Retrieved on: 
Friday, November 25, 2022

TORONTO, Nov. 25, 2022 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for its second fiscal quarter ended September 30, 2022 (all amounts in Canadian dollars thousands, unless otherwise indicated).

Key Points: 
  • F21 means the fiscal year ended March 31, 2021; F22 means the fiscal year ended March 31, 2022; and F23 means the fiscal year ended March 31, 2023.
  • The Avante Security segment reported Adjusted EBITDA of $723 during the three-month period ended September 30, 2022, versus $840 during the first fiscal quarter ended June 30, 2022.
  • This represented a decrease of $(226) versus the $(274) Adjusted EBITDA net of central costs during the first fiscal quarter ended June 30, 2022.
  • During first quarter ended June 30 2022, Discontinued Operations reflected two months of operations from the Logixx Security Segment, whereas the first quarter of the prior fiscal year reflected three months.

DSM provides nine months 2022 trading update

Retrieved on: 
Tuesday, November 1, 2022

Animal Nutrition & Health volumes were in-line with a strong prior year that had delivered 14% volume growth.

Key Points: 
  • Animal Nutrition & Health volumes were in-line with a strong prior year that had delivered 14% volume growth.
  • DSM has lowered its full year 2022 outlook, and now expects its Adjusted EBITDA for Continuing Operations (Health, Nutrition & Bioscience and Corporate Activities) to increase by a low-single digits.
  • 1 Continuing Operations reflects the results of DSM's Health, Nutrition & Bioscience and Corporate Activities as of 1 January 2022.
  • Details on how to access this call can be found on the DSM website, www.dsm.com .

AVANTE LOGIXX INC. ANNOUNCES FINANCIAL RESULTS FOR THE FIRST FISCAL QUARTER ENDED JUNE 30, 2022

Retrieved on: 
Tuesday, August 30, 2022

TORONTO-Ontario, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for its first fiscal quarter ended June 30, 2022 (all amounts in Canadian dollars thousands, unless otherwise indicated).

Key Points: 
  • F21 means the fiscal year ended March 31, 2021; F22 means the fiscal year ended March 31, 2022; and F23 means the fiscal year ended March 31, 2023.
  • The Avante Security segment reported increased Adjusted EBITDA of $765 during the first fiscal quarter ended June 30, 2023, versus $293 during the first fiscal quarter ended June 30, 2022.
  • During first quarter ended June 30 2022, Discontinued Operations reflected two months of operations from the Logixx Security Segment, whereas the first quarter of the prior fiscal year reflected three months.
  • During the first quarter ended June 30, 2022, Adjusted EBITDA of Discontinued Operations was $526, compared to $2,371 during the first quarter ended June 30, 2021, a decrease of $1,845.

DGAP-News: exceet Group SCA: Financial Result First Half-Year 2022

Retrieved on: 
Thursday, August 4, 2022

These costs amount in H1 2022 to EUR -1.1 million (H1 2021: EUR -1.3 million).

Key Points: 
  • These costs amount in H1 2022 to EUR -1.1 million (H1 2021: EUR -1.3 million).
  • The financial results comprises administrative costs for the cash deposits in H1 2022 about EUR -0.3 million (H1 2021: EUR 0.0 million) and FX results for this period about EUR -0.2 million (H1 2021: EUR 0.2 million).
  • As of 30 June 2022, the total assets of exceet Group amounted to EUR 118.9 million, compared to EUR 122.5 million as of 31 December 2021.
  • For these companies exceet Group plans an operating loss of about EUR 1.5 million without costs related to planned investments and divestments.

DSM reports H1 2022 results

Retrieved on: 
Tuesday, August 2, 2022

On April 20, 2022 DSM announced that it had reached an agreement to sell its Protective Materials business to Avient Corporation for an Enterprise Value of 1.44 billion.

Key Points: 
  • On April 20, 2022 DSM announced that it had reached an agreement to sell its Protective Materials business to Avient Corporation for an Enterprise Value of 1.44 billion.
  • On May 31, 2022 DSM announced that it had reached an agreement to sell its Engineering Materials business to Advent International and LANXESS for an Enterprise Value of 3.85 billion.
  • DSM and Firmenich anticipate that the proposed combination will close in H1 2023.
  • During the first half of 2022 DSM made further progress on its path to reaching net-zero greenhouse gas emissions across its value chain by 2050.

Avante Logixx Inc. Announces Financial Results for its Fiscal Year Ended March 31, 2022

Retrieved on: 
Saturday, July 30, 2022

TORONTO, July 29, 2022 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its financial results for the fiscal year ended March 31, 2022 (all amounts in Canadian dollars thousands, unless otherwise indicated).

Key Points: 
  • Similar trends occurred on a year-over-year basis in respect of the entire fiscal year ended March 31, 2022.
  • The Companys total Adjusted EBITDA, including discontinued operations, decreased $2.5 million from $6.7 million during fiscal 2021 to $4.5 million during fiscal 2022.
  • The Avante Security segment reported reduced Adjusted EBITDA of $1.4 million during fiscal 2022, versus $1.8 million during fiscal 2021.
  • During Fiscal 2022, Adjusted EBITDA of Discontinued Operations was $4.2 million, compared to $7.4 million during fiscal 2021, a decrease of $3.1 million.

Extendicare Completes Sale of Esprit Retirement Communities

Retrieved on: 
Tuesday, May 17, 2022

The purchase price was settled in cash of $254.1 million and assumption of mortgages by Sienna-Sabra LP of $53.4 million on certain retirement communities.

Key Points: 
  • The purchase price was settled in cash of $254.1 million and assumption of mortgages by Sienna-Sabra LP of $53.4 million on certain retirement communities.
  • Cash proceeds were used to repay all remaining outstanding indebtedness related to the retirement living operations of $117.1 million.
  • Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands.
  • Extendicare proudly employs approximately 19,000 qualified, highly trained and dedicated individuals who are passionate about providing high quality care and services to help people live better.

DGAP-News: exceet Group SCA: Financial Result Q1 2022

Retrieved on: 
Thursday, May 5, 2022

These costs amount in Q1 2022 to EUR -0.8 million (Q1 2021: EUR -0.5 million).

Key Points: 
  • These costs amount in Q1 2022 to EUR -0.8 million (Q1 2021: EUR -0.5 million).
  • The financial results comprises administrative costs for the cash deposits in Q1 2022 about EUR -0.2 million (Q1 2021: EUR 0.0 million) and FX results for this period about EUR -0.1 million (Q1 2021: EUR 0.2 million).
  • The profit of the discontinued business in Q1 2022 amounts to EUR 0,1 million, compared to EUR 1.8 million in Q1 2021 (Q1 2021 still includes GS Swiss PCB AG and exceet Secure Solutions GmbH).
  • As of 31 March 2022, the total assets of exceet Group amounted to EUR 118.9 million, compared to EUR 122.5 million as of 31 December 2021.

Bassett Announces Fiscal First Quarter Results

Retrieved on: 
Thursday, March 31, 2022

Consolidated revenue grew by 16% and wholesale shipments increased by 19% in the quarter.

Key Points: 
  • Consolidated revenue grew by 16% and wholesale shipments increased by 19% in the quarter.
  • In our income statement, we will classify Zenith results as Income from Discontinued Operations, meaning that Bassett is back to being a pure play furniture manufacturer, wholesaler and retailer.
  • Zenith went out with a bang in its final full quarter under Bassett ownership, recording a net profit of $1.3 million.
  • In many cases, Bassett cannot predict what factors would cause actual results to differ materially from those indicated in the forward looking statements.

DLC Releases Q3-2021 Results; Achieves Over $75 Billion in Funded Mortgage Volumes for the Twelve Months Ending September 30, 2021

Retrieved on: 
Tuesday, November 16, 2021

Gary Mauris, Executive Chairman and CEO, commented, We are very proud of our franchisees and mortgage professionals.

Key Points: 
  • Gary Mauris, Executive Chairman and CEO, commented, We are very proud of our franchisees and mortgage professionals.
  • Similar to Q2,2021, the Q3,2021 results for funded volumes, revenues and Adjusted EBITDA are the highest quarterly financial and operating results in the DLC Groups 15-year history.
  • Below are the highlights of our financial results for the three and nine months ended September 30, 2021.
  • The discontinued operations are only included in net income and net earnings (loss) per Common Share.