IFRS

Antelope Enterprise Announces First Half 2022 Financial Results

Retrieved on: 
Thursday, September 29, 2022
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JINJIANG, China, Sept. 29, 2022 /PRNewswire/ -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise" or the "Company"), a Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, and which engages in business management, information systems consulting, and online social commerce and live streaming, today announced its financial results for the six months ended June 30, 2022.

Key Points: 
  • JINJIANG, China, Sept. 29, 2022 /PRNewswire/ -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise" or the "Company"), a Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, and which engages in business management, information systems consulting, and online social commerce and live streaming, today announced its financial results for the six months ended June 30, 2022.
  • Ms. Meishuang Huang, Chief Executive Officer of Antelope Enterprise, commented, "For the first half of fiscal 2022, we continued to execute upon our strategic plan to diversify our business into new technology sectors.
  • Inventory turnover was 327 days as of June 30, 2022, as compared to 183 days as of December 31, 2021.
  • The exchange rate refers to the historical rate as set forth in the H.10 statistical release published by www.federalreserve.gov on June 30, 2022.

Fix Price opens second warehouse in Novosibirsk

Retrieved on: 
Thursday, September 29, 2022
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29 September 2022 - Fix Price, the largest variety value retailer in Russia, has reopened its second distribution centre in Novosibirsk in September.

Key Points: 
  • 29 September 2022 - Fix Price, the largest variety value retailer in Russia, has reopened its second distribution centre in Novosibirsk in September.
  • Earlier, it was suspended after Fix Price signed a lease for and opened a new, larger facility in the city.
  • As for the DC that is currently on lease in Novosibirsk, it will supply Fix Price stores in Novosibirsk, as well as Russian and Kazakhstan franchisees."
  • Fix Price offers its customers a unique and constantly refreshed product assortment of non-food goods, personal care and household products and food items at low fixed price points.

Board of Directors Approves Half-Year Financial Report as of June 30, 2022

Retrieved on: 
Wednesday, September 28, 2022
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In the same period, liquidity increased from 92,593 thousand as of March 31, 2022 to 98,339 thousand as of June 30, 2022, showing an increase of approximately 6.2%.

Key Points: 
  • In the same period, liquidity increased from 92,593 thousand as of March 31, 2022 to 98,339 thousand as of June 30, 2022, showing an increase of approximately 6.2%.
  • Current and non-current financial debt decreased from 16,248 thousand as of March 31, 2022, to 16,225 thousand as of June 30, 2022, showing a decrease of approximately 0.14% resulting from the progress of existing amortization schedules.
  • Opening of new centers in Germany, Spain, Italy and Poland for the European Phase III study of first-line soft tissue sarcoma.
  • The Board of Directors approved the Group Sustainability Brochure, referring to the year 2021, which will be published on the Company's website ( https://www.philogen.com) in the "Governance" section.

Affluent Medical : Financial results for H1 2022 and significant progresses in 2022.

Retrieved on: 
Wednesday, September 28, 2022
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Affluent Medical : Financial results for H1 2022 and significant progresses in 2022.

Key Points: 
  • Affluent Medical : Financial results for H1 2022 and significant progresses in 2022.
  • Since the beginning of the year, Affluent Medical has successfully managed new patient recruitment timelines to be able to continue its clinical studies for its three medical devices.
  • On September 20, Affluent Medical announced a successful capital increase through the issue of New Shares with Preferential Subscription Rights maintained.
  • Dr. Giot, who joined Affluent Medical last July, has medical practice experience in hospitals, particularly in the field of vascular diseases.

InPlay Oil Corp. Announces Operations Update with Record Corporate Production, a Long-Term Forecast and Return to Shareholder Strategy

Retrieved on: 
Wednesday, September 28, 2022
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Throughout this press release and other materials disclosed by the Company, InPlay uses certain measures to analyze financial performance, financial position and cash flow.

Key Points: 
  • Throughout this press release and other materials disclosed by the Company, InPlay uses certain measures to analyze financial performance, financial position and cash flow.
  • Refer to the Forward Looking Information and Statements section for a calculation of forecast Net Debt to EBITDA.
  • InPlay and its management believe that the FOFI has been prepared on a reasonable basis, reflecting management's best estimates and judgments.
  • Except as required by applicable securities laws, InPlay undertakes no obligation to update such FOFI.

Algoma Steel Provides Fiscal Second Quarter 2023 Guidance

Retrieved on: 
Tuesday, September 27, 2022
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MARIE, Ontario, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal second quarter 2023.

Key Points: 
  • MARIE, Ontario, Sept. 27, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today provided guidance for its fiscal second quarter 2023.
  • Fiscal second quarter 2023 Adjusted EBITDA is expected to be in a range of $75 million to $80 million.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.

Recurly Enhances Revenue Recognition Solution, Helping Subscription Businesses Automate Complex Accounting Processes

Retrieved on: 
Tuesday, September 27, 2022
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Recurly, Inc. , a leading subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a global revenue recognition and forecasting solution.

Key Points: 
  • Recurly, Inc. , a leading subscription management and billing platform for high-growth brands, has announced an agreement to acquire LeapRev, a global revenue recognition and forecasting solution.
  • This acquisition will create a single source for subscription management, recurring billing, and revenue management that empowers Recurly customers to better focus on driving growth among increasingly complex and evolving revenue accounting and reporting standards.
  • We are delighted to welcome the talented team at LeapRev and deliver a best-in-class solution for the automation of revenue recognition to the worlds most successful subscription businesses.
  • The acquisition of LeapRev enhances the revenue recognition capabilities of the Recurly platform, streamlining the complex revenue reporting processes associated with subscription contracts, including FASB (ASC 606/340-40/842) and IASB (IFRS 15) guidelines.

Grab targets Group Adjusted EBITDA breakeven by H2 2024 as it accelerates path to profitability

Retrieved on: 
Tuesday, September 27, 2022
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Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second half of 2024, as it accelerates its path to profitability.

Key Points: 
  • Grab Holdings Limited (NASDAQ: GRAB) announced today at its first Investor Day that it is targeting to achieve breakeven on a Group Adjusted EBITDA1 basis by the second half of 2024, as it accelerates its path to profitability.
  • This document also includes references to non-IFRS financial measures, which include: Adjusted EBITDA, Segment Adjusted EBITDA and Segment Adjusted EBITDA margin.
  • Segment Adjusted EBITDA is a non-IFRS financial measure, representing the Adjusted EBITDA of each of our four business segments, excluding, in each case, regional corporate costs.
  • Segment Adjusted EBITDA margin is a non-IFRS financial measure calculated as Segment Adjusted EBITDA divided by Gross Merchandise Value.

Mazars Names Seven New Partners in the US, Expanding the Firm's Expertise Across Key Practice Segments

Retrieved on: 
Monday, September 26, 2022
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"We're excited to announce that these phenomenal leaders have been named to our partnership," said Victor Wahba, Mazars in the US Chairman and CEO.

Key Points: 
  • "We're excited to announce that these phenomenal leaders have been named to our partnership," said Victor Wahba, Mazars in the US Chairman and CEO.
  • Toby Akrab has been at Mazars for nearly three years as a key member of the Mazars Quality & Risk Management Team and has over 16 years of experience providing audit and advisory services.
  • As the Mazars North America regional quality leader, she actively participates in various networks and other technical groups as a key quality liaison across the US and globally.
  • Mazars USA LLP is an independent member firm of Mazars Group, an international audit, tax and advisory organization with operations in over 90 countries.

Hammerhead Resources Inc. and Decarbonization Plus Acquisition Corporation IV Announce C$1.39 billion Business Combination; Combined Company to be Listed on Nasdaq

Retrieved on: 
Monday, September 26, 2022
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The transaction was unanimously recommended and approved by the Special Committees and boards of directors of both Hammerhead and DCRD.

Key Points: 
  • The transaction was unanimously recommended and approved by the Special Committees and boards of directors of both Hammerhead and DCRD.
  • It remains subject to the approval of DCRD's and Hammerhead's shareholders and the satisfaction or waiver of other customary conditions.
  • Upon closing, the combined company is expected to feature a seven-person board of directors.
  • Hammerhead Resources is a Calgary, Canada-based energy company, with assets and operations in Alberta targeting the Montney formation.