JETS | Jotup

U.S. Global Investors Reports Strong Results for December Quarter

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Thursday, February 8, 2024

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Global Investors, Inc. ( NASDAQ: GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold mining to airlines, today reported net income of $1.2 million, or $0.09 per share, in the quarter ended December 31, 2023.

Key Points:

Global Investors, Inc. ( NASDAQ: GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors from gold mining to airlines, today reported net income of $1.2 million, or $0.09 per share, in the quarter ended December 31, 2023.
That was up from a net loss of $176,000, or $0.01 per share, in the previous quarter and represents a 45% increase from the same quarter a year earlier.
Operating revenues during the quarter were $2.8 million, while total assets under management (AUM) at quarter end were $2.1 billion, down from AUM of $2.4 billion a year ago.
The Company has scheduled a webcast for 7:30 a.m. Central time on Friday, February 9, 2024, to discuss the Company’s key financial results for the quarter.

U.S. Global Investors Reports Financial Results for the First Quarter of 2024 Fiscal Year

Retrieved on:

Thursday, December 14, 2023

Average assets under management (AUM) for the three-month period ended September 30, 2023, were $2.1 billion, a decrease of $835 million, or 28%, from the same quarter a year earlier.

Key Points:

Average assets under management (AUM) for the three-month period ended September 30, 2023, were $2.1 billion, a decrease of $835 million, or 28%, from the same quarter a year earlier.
Global Jets ETF ( NYSE: JETS ), which saw net outflows totaling $668 million from January 2023 to September 2023 as mostly foreign investors, fearing a global recession, cut their exposure to ETFs,” says Frank Holmes, the Company’s CEO and Chief Investment Officer.
This is almost five times the number of shares that the Company repurchased during the same period a year earlier.
“Despite the macro challenges, the global luxury market has demonstrated great resilience in 2023, generating an estimated €1.5 trillion (about $1.6 trillion) in sales.

U.S. Global Investors Launches Gold Royalty GOAU ETF on Peru’s Lima Stock Exchange, Provides Update on Share Buyback Program

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Wednesday, December 6, 2023

Copper, Natural Resources, Gross domestic product, Share repurchase, JETS, Wheaton Precious Metals, Mining, GDP, Gold, Language, GOLD, Franco-Nevada, Hochschild Mining, ETF, Royal Gold, Lima Stock Exchange, Metal, Gold Fields, Silver

Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.

Key Points:

Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.
Global GO GOLD and Precious Metal Miners ETF ( NYSE: GOAU ), is now listed on Peru’s Bolsa de Valores de Lima (Lima Stock Exchange).
The new listing expands GOAU’s global footprint and provides Peruvian investors access to the fund.
I believe this makes it an ideal destination for GOAU, which provides investors access to not just gold mining companies but also, strategically, royalty companies.

U.S. Global Investors Announces Solid Financial Results for Fiscal Year 2023, with Net Income Per Share of $0.22, 23% Operating Margin and Increased Working Capital

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Thursday, November 16, 2023

ETF, Allianz Global Investors, NYSE, SAN, Gold, Risk, Delta Air Lines, JETS, Atmosphere, Face, Cryptocurrency, Airline, American Airlines

For the 12-month period, net income was $3.1 million, or $0.22 per share, and operating income was $3.5 million.

Key Points:

For the 12-month period, net income was $3.1 million, or $0.22 per share, and operating income was $3.5 million.
Operating margin was a healthy 23% on operating revenues of $15.1 million, despite average assets under management (AAUM) declining 35.6%, from $3.9 million during fiscal 2022 to $2.5 million during the fiscal year ended June 30, 2023.
As of June 30, 2023, the Company had net working capital of approximately $37.4 million, over a 10% increase from June 30, 2022.
Now that this 10-K is filed, the Company will begin working diligently on the September 10-Q.

U.S. Global Investors Launches Gold Royalty GOAU ETF on Mexican Stock Exchange, Expanding Global Footprint in Latin America

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Wednesday, November 1, 2023

Allianz Global Investors, Gold, GOLD, Mining, All Japan Federation of Metal Miners' Unions, NYSE, Royal Gold, ETF, JETS, Mexican Stock Exchange, Metal, BMV, Wheaton Precious Metals, Palladium, Franco-Nevada

Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.

Key Points:

Global Investors, Inc. ( NASDAQ : GROW ) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that its gold mining and royalty ETF, the U.S.
Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU), is now listed on the Mexican Stock Exchange (BMV).
The new listing expands GOAU’s global footprint and allows investors in Mexico to access the fund.
“We’ve witnessed the strength behind the gold royalty model, particularly in the three largest royalty positions in GOAU: Wheaton Precious Metals, Franco-Nevada and Royal Gold,” Mr. Holmes says.

Leonardo DRS Awarded Contract for Prototype Next-Generation Joint Effects Targeting System II for Forward Observers

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Monday, October 30, 2023

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Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to produce a prototype of the next-generation Joint Effects Targeting System II (JETS II) multi-sensor targeting technology for Forward Observers.

Key Points:

Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has been awarded a contract to produce a prototype of the next-generation Joint Effects Targeting System II (JETS II) multi-sensor targeting technology for Forward Observers.
The 30-month performance prototype contract was awarded by the U.S. Army.
The updated JETS II hand-held precision laser targeting system provides Forward Observers the capability to call in precision munitions in a wide range of combat scenarios, leading to higher target success rates and greater protection for our warfighters on the ground.
The system improves upon and adds enhanced technologies for the users, significantly reducing weight and improving precision accuracy making the system a battlefield multiplier.

Powertranz and Miura Launch Semi-Integrated Solution

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Thursday, September 14, 2023

Powertranz , the leader in Card Present gateway and payment processing in the Caribbean, and global payment technology leader and mobile point-of-sale pioneer, Miura Systems , today announced the launch of a unique semi-integrated payment solution in the Caribbean and Central America.

Key Points:

Powertranz , the leader in Card Present gateway and payment processing in the Caribbean, and global payment technology leader and mobile point-of-sale pioneer, Miura Systems , today announced the launch of a unique semi-integrated payment solution in the Caribbean and Central America.
The M010 mPOS device provides lots of flexibility and scalability for merchants and their customers.
“We are pleased to partner with Miura to bring the power and flexibility of the M010 device to the Caribbean and Central American markets.”
Fred Nelson, Miura’s vice president of channel development, said, “Miura is thrilled to partner with Powertranz to offer a versatile, secure, and affordable semi-integrated payment solution to businesses in the Caribbean and Central America.
The Powertranz gateway combined with our M010 payments terminal is a winning combination.”

It's Absolutely Paw-some: K9 JETS Announces Limited-Time Route Between Los Angeles and London for the 2023 Holiday Season

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Wednesday, September 13, 2023

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NEW YORK, Sept. 13, 2023 /PRNewswire/ -- Due to high demand and just in time for holiday travels, K9 JETS, the world's first pay-per-seat pet charter service, is launching a direct route between Los Angeles and London for passengers from the City of Angels to travel in luxury with their furry friends.

Key Points:

On December 20, families with dogs or cats looking for a London holiday getaway will be able to hop aboard a flight from Van Nuys airport in Los Angeles and return on January 1.
Similarly, British counterparts will be able to head out to Los Angeles from the Farnborough airport on December 23, with a return date of January 3.
Of the launch, Co-founder, Adam Golder, states, "K9 JETS believes pet family members deserve to travel in comfort and style alongside their owners.
The one-of-a-kind travel experience also offers multiple routes between London and New Jersey, East and West Coast America, Paris, New Jersey, Dubai and Lisbon.

U.S. Global Investors Ramps Up Share Repurchases Amid Promising Domestic Airline Earnings; Continues Monthly Dividends

Retrieved on:

Friday, August 11, 2023

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The Board approved payment of the $0.0075 per share per month dividend beginning in July 2023 and continuing through September 2023.

Key Points:

The Board approved payment of the $0.0075 per share per month dividend beginning in July 2023 and continuing through September 2023.
The record dates are August 14 and September 11, and the payment dates will be August 28 and September 25.
On a final note, the Company is excited to share details of the domestic airline industry’s record-setting quarter ended June 30.
For investors who may be seeking a way to gain exposure to this travel boom, I believe JETS to be an excellent choice.”

U.S. Global Investors Increased Share Repurchases in June 2023, Continues Dividends and Provides an Update on JETS

Retrieved on:

Monday, July 10, 2023

Transportation Security Administration, GROW, JETS, Transport, Assam Global Investors' Summit, ETF, Growth, Weather, Health, NYSE, TSA, Cryptocurrency, Airline

This represents an increase of approximately 78% from the number of shares purchased the same month in 2022.

Key Points:

This represents an increase of approximately 78% from the number of shares purchased the same month in 2022.
The Company has significantly increased the amount of stock it repurchases.
This comes despite there being flight disruptions at the end of June due to inclement weather on the East Coast.
JETS currently trades not just in New York but also in Europe, Mexico and Peru.”