YOY

Sono-Tek Announces Preliminary Net Sales for Q4 and FY2024 and Provides Preliminary Sales Guidance for Q1 FY2025 and FY2025

Retrieved on: 
Monday, April 8, 2024

MILTON, N.Y., April 08, 2024 (GLOBE NEWSWIRE) -- Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced preliminary net sales and backlog for the fourth quarter of fiscal year 2024, ended February 29, 2024, and for the full fiscal year.

Key Points: 
  • Preliminary net sales for the fourth quarter of FY2024 were approximately $4.8 million, compared to net sales of $3.7 million for the fourth quarter a year ago, an increase of approximately 30%.
  • Preliminary net sales for the twelve months of FY2024, were approximately $19.7 million, an increase of approximately 31% from net sales of $15.1 million in FY2023.
  • Net sales for the first quarter of FY2025, ending May 31, 2024, are expected to increase approximately 35%-40% year-over-year, compared to a weaker supply chain constrained period in last year’s first quarter.
  • Record shipments drove the increase, reflecting robust orders and delivery of several large orders which were delayed by Covid-related supply chain issues of the previous year.

Onfolio Holdings Inc. Announces Fourth Quarter and Year-End 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Tuesday, April 2, 2024

WILMINGTON, Del., April 02, 2024 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) ("Onfolio" or the "Company"), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, announces financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • WILMINGTON, Del., April 02, 2024 (GLOBE NEWSWIRE) -- Onfolio Holdings Inc. (NASDAQ: ONFO, ONFOW) ("Onfolio" or the "Company"), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, announces financial results for the fourth quarter and full year ended December 31, 2023.
  • Launched a $2.5MM joint venture with private investors to acquire more B2B marketing agencies aimed at helping ONFO reach profitability, in March 2024.
  • “2023 was a formative year for us as we navigated our first full year as a public company.
  • The operational results improved considerably as the year went on, and this was reflected gradually in our financial results, although not at the pace we would’ve like to see.

Florida-based Commercial Painting Company Grows Through Last Two Recessions: Now Offering Franchise Opportunities

Retrieved on: 
Monday, April 8, 2024

JACKSONVILLE, Fla., April 8, 2024 /PRNewswire-PRWeb/ -- Performance Painting, a renowned leader in the commercial painting industry, proudly announces the launch of its innovative franchising opportunity specifically tailored for the commercial painting market. This strategic move is set to redefine the industry by leveraging Performance Painting's 23 year track record of growth through two major recessions. In a significant shift from the industry norm – that predominantly focuses on residential painting – Performance Painting's new franchise model is uniquely designed for commercial painting. This launch, scheduled for 4/8/24 in Jacksonville, FL, marks a pivotal moment in the company's history by offering entrepreneurs a chance to be part of a franchise with great unit economics and a focus on commercial projects.

Key Points: 
  • In a significant shift from the industry norm – that predominantly focuses on residential painting – Performance Painting's new franchise model is uniquely designed for commercial painting.
  • Jason added, "With this franchising opportunity we're extending this mission to our franchisees by providing unparalleled support and a proven business model that prioritizes commercial painting excellence."
  • Performance Painting has established itself as a leader in the commercial painting industry, known for its exceptional quality and efficient service.
  • The new franchising model is built on this foundation of success by offering operational training, marketing strategies, sales, technology, and ongoing comprehensive business support to ensure franchisees thrive in the commercial painting market.

Used Aircraft Inventory Levels Continue Upward Trend

Retrieved on: 
Monday, April 8, 2024

LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.

Key Points: 
  • LINCOLN, Neb., April 8, 2024 /PRNewswire/ -- Last month, Sandhills Global reported that used aircraft inventory levels were resuming an upward trend.
  • "Although the bulk of available used aircraft in the market is five years old or older, we've seen an uptick in used late-model aircraft inventory levels over the past few months," says Controller Department Manager Brant Washburn.
  • Inventory levels of used piston single aircraft decreased 1.53% M/M and 18.71% YOY in March and continue to trend downwards.
  • Inventory levels of used turboprop aircraft increased 8.33% M/M and 15.64% YOY and are now trending sideways.

Worldwide Data Center Colocation Market Report - Investment Prospects in 9 Regions and 51 Countries - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 26, 2024

The "Worldwide Data Center Colocation Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Worldwide Data Center Colocation Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.
  • The worldwide data center colocation market by investment is expected to grow at a CAGR of 7.25% from 2022-2028, from USD 30.42 Billion in 2022 to reach USD 46.3 Billion in 2028.
  • The U.S. and China markets continued to dominate the worldwide data center colocation market in terms of colocation revenue and investments across the globe.
  • Brazil takes the lead as the dominant data center colocation market in Latin America, commanding over 45% of the region's investments.

PublicSquare Reports Year-End 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024

PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), a leading marketplace of patriotic, pro-family businesses and consumers, today announced financial results for the year-end of 2023.

Key Points: 
  • PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSquare,” or the “Company”), a leading marketplace of patriotic, pro-family businesses and consumers, today announced financial results for the year-end of 2023.
  • The PublicSquare ecosystem is truly a marketing engine that powers the entirety of our vendor audience.
  • PublicSquare has utilized the Say Technologies platform to allow shareholders to submit questions to management in advance of the webcast.
  • PublicSquare will participate in the 36th Annual ROTH Conference taking place on March 17 - 19, 2024 in Laguna Niguel, CA.

Homes.com Residential Network Reaches All-Time High of 149 Million+ Unique Monthly Visitors in February 2024

Retrieved on: 
Thursday, March 14, 2024

The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.

Key Points: 
  • The Homes.com Residential Network reached more than 149 million unique visitors in February, cementing Homes.com’s position as the second-most trafficked homebuying portal.
  • The February traffic figures more than double Realtor’s 66 million average unique monthly visitors and triple Redfin’s 44 million average unique monthly visitors.
  • * Based on unique visits in February 2024 to the Homes.com Residential Network (which includes the Homes Network and the Apartments Network) and the Land Network, according to Google Analytics.
  • ** Based on a comparison of year-over-year changes in unique monthly users for Homes.com comparing February 2024 to February 2023, as measured by Google Analytics.

Gong Cha Announces Introduction of Direct Franchising & the Signing of Its First Direct Franchisees

Retrieved on: 
Tuesday, March 19, 2024

As Gong cha enters its 10th year of franchising in the U.S., the brand will begin offering direct franchising for its remaining U.S. territories, including Hawaii, Arizona, Nevada, Illinois, and Tennessee, amongst others, to further accelerate its rapid growth.

Key Points: 
  • As Gong cha enters its 10th year of franchising in the U.S., the brand will begin offering direct franchising for its remaining U.S. territories, including Hawaii, Arizona, Nevada, Illinois, and Tennessee, amongst others, to further accelerate its rapid growth.
  • Direct franchising will allow experienced partners to begin building markets in parallel—with each fulfilling multi-store, multi-year development plans—further accelerating Gong cha’s U.S. expansion in new territories.
  • “After many years of inquiries, we’re thrilled to be able to finally offer direct franchise relationships,” says Geoff Henry, President of Gong cha Americas.
  • In addition to direct franchising, Gong cha will continue to offer master franchise opportunities in select regions, primarily focused in Latin America.

Major shift in global IPO market share from the past five years

Retrieved on: 
Thursday, March 28, 2024

For Q1 2024, the global IPO market saw 287 deals raise US$23.7b, a 7% decrease but a 7% increase year-over-year (YOY), respectively.

Key Points: 
  • For Q1 2024, the global IPO market saw 287 deals raise US$23.7b, a 7% decrease but a 7% increase year-over-year (YOY), respectively.
  • In Q1 2024, a majority of key IPO markets witnessed a significant number of newly issued IPOs whose current share prices surpassed their offer prices.
  • The global IPO market has experienced significant shifts in geographical composition, driven by ongoing macroeconomic and geopolitical dynamics.
  • The IPO market thus far in 2024 has shown signs of vigor, with an upswing in IPO activity.

Major shift in global IPO market share from the past five years

Retrieved on: 
Thursday, March 28, 2024

For Q1 2024, the global IPO market saw 287 deals raise US$23.7b, a 7% decrease but a 7% increase year-over-year (YOY), respectively.

Key Points: 
  • For Q1 2024, the global IPO market saw 287 deals raise US$23.7b, a 7% decrease but a 7% increase year-over-year (YOY), respectively.
  • In Q1 2024, a majority of key IPO markets witnessed a significant number of newly issued IPOs whose current share prices surpassed their offer prices.
  • The global IPO market has experienced significant shifts in geographical composition, driven by ongoing macroeconomic and geopolitical dynamics.
  • The IPO market thus far in 2024 has shown signs of vigor, with an upswing in IPO activity.