IFRS

DGAP-News: W&W Group: Strong operational performance in first half of 2022​​​​​​​ 

Retrieved on: 
Friday, August 12, 2022

Strong home loan savings business with best new business in Wstenrots history growth of 40 per cent.

Key Points: 
  • Strong home loan savings business with best new business in Wstenrots history growth of 40 per cent.
  • The Wstenrot & Wrttembergische Group (W&W) continued the successful trajectory of its operating activities in the first six month of 2022.
  • For 2022 as a whole, the company is still striving for a consolidated net profit of around 250 million.
  • It had more than 300,000 customers as at the end of the first half of 2022.

Halo Collective Appoints Katie Field as Chairman of the Board

Retrieved on: 
Friday, August 12, 2022

TORONTO, Aug. 12, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced the appointment of Katie Field, Chief Executive Officer of Halo, to Chairman of the board of directors of the Company (the "Board"), effective immediately.

Key Points: 
  • TORONTO, Aug. 12, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) today announced the appointment of Katie Field, Chief Executive Officer of Halo, to Chairman of the board of directors of the Company (the "Board"), effective immediately.
  • Current Chairman Ryan Kunkel has resigned from the Board to focus on other professional endeavors.
  • Cassidy McCord, Director, said, "It was an obvious decision to appoint Katie as Chairman of the Board.
  • Concluded Ms. Field, "On behalf of the entire Board, I thank Ryan for his exceptional guidance and incredible commitment to Halo over the past several years.

High Arctic Announces 2022 Second Quarter Financial and Operating Results

Retrieved on: 
Friday, August 12, 2022

CALGARY, Alberta, Aug. 11, 2022 (GLOBE NEWSWIRE) -- High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its’ second quarter results today.

Key Points: 
  • High Arctic is well positioned in PNG given high barriers to entry due to the technical expertise required to operate the heli-portable drilling rigs in frontier remote locations.
  • On July 28, 2022 High Arctic announced the closing of the sale of High Arctics Canadian well servicing business and the sale of High Arctics Canadian snubbing business.
  • High Arctic also retains its minority holding in the Seh Chene partnership where committed operations will continue through 2022.
  • High Arctic uses these financial measures to assess performance and believes these measures provide useful supplemental information to shareholders and investors.

mdf commerce reports First Quarter of Fiscal 2023 Financial Results

Retrieved on: 
Friday, August 12, 2022

Refer to the 11 - Non-IFRS Financial Measures and Key Performance Indicators section of the MD&A for the first quarter ended June 30, 2022.

Key Points: 
  • Refer to the 11 - Non-IFRS Financial Measures and Key Performance Indicators section of the MD&A for the first quarter ended June 30, 2022.
  • Refer to the 11 - Non-IFRS Financial Measures and Key Performance Indicators section of the MD&A for the first quarter ended June 30, 2022.
  • Refer to the 11 - Non-IFRS Financial Measures and Key Performance Indicators section of the MD&A for the first quarter ended June 30, 2022.
  • In this press release, mdf commerce, the Corporation or the words we, our and us refer, depending on the context, either to mdf commerce inc. or to mdf commerce inc. together with its subsidiaries and entities in which it has an economic interest.

Intermap Announces 100% Quarterly Revenue Growth Led by Government Sales

Retrieved on: 
Thursday, August 11, 2022

Government sales improved to $1.7 million compared with $0.2 million for the prior year.

Key Points: 
  • Government sales improved to $1.7 million compared with $0.2 million for the prior year.
  • Commercial sales recognized a 39% increase in subscription-based revenue compared with the second quarter of 2021.
  • Intermap took advantage of the COVID period to extend its direct-sales model, adding key personnel and accelerating its evolution towards recurring solution-driven revenue.
  • Intermap played an important role at the request of the Thai government in supporting the courageous rescue effort.

GCM Mining Announces Second Quarter and First Half 2022 Results

Retrieved on: 
Thursday, August 11, 2022

GCMs gold production from its Segovia Operations totaled 53,198 ounces in the second quarter of 2022, up 2% over the second quarter last year.

Key Points: 
  • GCMs gold production from its Segovia Operations totaled 53,198 ounces in the second quarter of 2022, up 2% over the second quarter last year.
  • For the first half of 2022, gold production was 103,149 ounces compared with 103,684 ounces in the first half last year.
  • Adjusted EBITDA NG amounted to $45.9 million for the second quarter of 2022 compared with $48.0 million in the second quarter last year.
  • The Company reported net income of $39.0 million ($0.40 per share) in the second quarter of 2022 compared with $29.8 million ($0.41 per share) in the second quarter last year.

Cipher Pharmaceuticals Reports Second Quarter 2022 Financial Results

Retrieved on: 
Thursday, August 11, 2022

(All figures are in U.S. dollars)

Key Points: 
  • (All figures are in U.S. dollars)
    Strong balance sheet with $24.2 million in cash at June 30, 2022
    MISSISSAUGA, ON, Aug. 11, 2022 /CNW/ - Cipher Pharmaceuticals Inc. (TSX: CPH) ("Cipher" or "the Company") today announced its financial and operating results for the three and six month periods endedJune 30, 2022.
  • Craig Mull, Interim CEO commented,"We are pleased to report that Cipher delivered another strong quarter, generating positive net income and cash from operating activities.
  • Cipher will hold a conference call onAugust 12, 2022, at8:30 a.m. (ET)to discuss its financial results and other corporate developments.
  • Cipher Pharmaceuticals (TSX: CPH) is a specialty pharmaceutical company with a robust and diversified portfolio of commercial and early to late-stage products.

Glacier Reports Second Quarter 2022 Results

Retrieved on: 
Thursday, August 11, 2022

Consolidated revenue for the period ended June 30, 2022, was $43.1 million, up $2.1 million or 5.2% from the same period in the prior year.

Key Points: 
  • Consolidated revenue for the period ended June 30, 2022, was $43.1 million, up $2.1 million or 5.2% from the same period in the prior year.
  • Consolidated EBITDA for the quarter was $0.6 million, down $3.6 million from $4.3 million for the prior year.
  • These results include wage subsidies, regular and special Aid to Publishers (ATP) at varying levels and other grants and subsidies in both years.
  • In April 2022, the Company implemented a share-based compensation plan in certain business units resulting in a non-cash expense of $2.1 million in the quarter, of which $1.7 million related to the initial implementation of the plan.

D-BOX Technologies Reports First Quarter Results for FY 2023

Retrieved on: 
Thursday, August 11, 2022

LONGUEUIL, Quebec, Aug. 11, 2022 (GLOBE NEWSWIRE) -- D-BOX Technologies Inc. (“D-BOX” or the “Corporation”) (TSX: DBO) a world leader in haptic and immersive experiences, announced today financial results for the first quarter of fiscal 2023 ended June 30, 2022. All dollar amounts are expressed in Canadian currency.

Key Points: 
  • Rights for use, rental and maintenance revenues surged 356% year-over-year to $2.8 million in the first quarter of fiscal 2023, while revenues related to system sales improved 69% to $4.3 million.
  • Selling and marketing expenses totaled $1.5 million, or 22% of sales in the first quarter of fiscal 2023 compared to $1.1 million, or 36% of sales, in the first quarter of2022.
  • Profit totaled $29 thousand in the first quarter of fiscal 2023 compared to a loss of $1.3 million in the first quarter of 2022.
  • Adjusted EBITDA amounted to $0.6 million in the first quarter of fiscal 2023 compared to -$0.6 million in the same period of 2022.

Adecoagro reported Adjusted EBITDA in 2Q22 of $118 million, 16.7% higher year-over-year.

Retrieved on: 
Thursday, August 11, 2022

Adjusted net income reached $44.0 million in 2Q22 and $58.7 million in 6M22, presenting an outperformance compared to the same period of last year.

Key Points: 
  • Adjusted net income reached $44.0 million in 2Q22 and $58.7 million in 6M22, presenting an outperformance compared to the same period of last year.
  • Adjusted EBITDA in our Sugar, Ethanol & Energy business reached $104.4 million in 2Q22 and $161.6 million in 6M22, marking a year-over-year increase of 41.8% and 22.7%, respectively.
  • EBITDA per ton crushed amounted to 31.6 USD/Tn in 2Q22 and 45.3 USD/Tn in 6M22, 49.2% and 90.9% higher compared to the same period of last year, respectively.
  • Lower Adjusted EBITDA generation was driven by our Rice and Crops businesses, which fully offset the improved performance in our Dairy business.