The SafePoint Trust

SoundThinking, Inc. Reports Third Quarter 2023 Financial Results

Retrieved on: 
Tuesday, November 7, 2023
ShotSpotter, Adjustment, Midpoint, Growth, ARR, ESG, EBITDA, GAAP, Harbor, Weapon, Biophysical environment, Acquisition, The SafePoint Trust, City, Violence, Depreciation, Uncertainty, Clothing, Pharmaceutical industry, Video game, Bank, Bookkeeping, Reinsurance, Communications satellite

FREMONT, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI) a leading public safety technology company, today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • GAAP net loss totaled $1.9 million, compared to GAAP net income of $4.0 million for the same quarter of 2022.
  • Adjusted EBITDA1 was $4.3 million (18% of revenues), compared to $3.1 million (16% of revenues) for the same quarter of 2022.
  • Total operating expenses for the third quarter of 2023 were $15.2 million, compared to $6.2 million for the same period in 2022.
  • Adjusted EBITDA for the third quarter of 2023 totaled $4.3 million, compared to $3.1 million in the same period last year.

SoundThinking Announces Expansion of its Leadership Team

Retrieved on: 
Thursday, August 31, 2023
Bill Bain (consultant), Human resources, IBM, RealNetworks, Interim, Customer support, Central Square, Senior, AT, Engineering, Form 10-K, Field service management, Microsoft, Intuit, Risk, Nasim, Marketing, PwC, AQuantive, Siemens, School, Hospital, Project management, Museum, The SafePoint Trust, ShotSpotter, Annual report, SVP, InsWeb, Accenture, Corporate development, Management

After rebranding earlier this year, launching the SafetySmart ™ platform, and recently acquiring SafePointe , SoundThinking has expanded its leadership team to position itself for the expanding growth opportunities it believes it has ahead.

Key Points: 
  • After rebranding earlier this year, launching the SafetySmart ™ platform, and recently acquiring SafePointe , SoundThinking has expanded its leadership team to position itself for the expanding growth opportunities it believes it has ahead.
  • Greg Holifield, founder and CEO of SafePointe, has joined SoundThinking’s leadership team as Managing Director.
  • “SoundThinking is excited to welcome this talented group into their new leadership positions,” said Ralph Clark, President and CEO of SoundThinking.
  • “I am personally looking forward to collaborating with this world-class leadership team to capitalize on expanding growth opportunities we see for the company into 2024 and beyond.”
    To learn more about SoundThinking and its team, visit www.SoundThinking.com.

SoundThinking Acquires Intelligent Weapons Detection Provider, SafePointe

Retrieved on: 
Tuesday, August 22, 2023
Acceleration, Weapon, Heart, Software as a service, Violence, Education, Workplace, Form 10-K, Risk, Firearm, Organization, School, Hospital, Acquisition, Traction, Museum, The SafePoint Trust, Artificial intelligence, Low Profile, CFO, Annual report, Economics, Retail, Risk management

FREMONT, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI) (formerly ShotSpotter, Inc.), a leading public safety technology company that combines data-driven solutions and strategic advisory services for law enforcement and community assistance groups, acquired SafePointe, LLC (SafePointe), an innovator in intelligent weapons detection technology, on August 18, 2023.

Key Points: 
  • SafePointe Extends SoundThinking’s SafetySmart™ Platform with Proven Artificial Intelligence (AI)-based Low Profile, Frictionless Weapons Detection Solution
    FREMONT, Calif., Aug. 22, 2023 (GLOBE NEWSWIRE) -- SoundThinking, Inc. (Nasdaq: SSTI) (formerly ShotSpotter, Inc.), a leading public safety technology company that combines data-driven solutions and strategic advisory services for law enforcement and community assistance groups, acquired SafePointe, LLC (SafePointe), an innovator in intelligent weapons detection technology, on August 18, 2023.
  • SafePointe specializes in intelligent weapons detection technology developed with strong roots in U.S. military defense programs.
  • Extends SoundThinking’s SafetySmart™ platform with a proven weapons (firearms, tactical knives, explosives) detection solution that identifies potential threats.
  • According to the February 2023 report, the $20 billion intelligent weapons detection market remains underpenetrated.

Loomis makes strategic acquisition within Automated Solutions by acquiring Cima S.p.A.

Retrieved on: 
Tuesday, July 18, 2023
APM Automation Solutions, The SafePoint Trust, EUR, EBITDA, Acquisition, Growth, Automation, Sales, Bank

Cima is a technology-driven developer of automated cash handling devices that recognize, count, process, secure cash notes and coins.

Key Points: 
  • Cima is a technology-driven developer of automated cash handling devices that recognize, count, process, secure cash notes and coins.
  • With the acquisition of Cima and their complete solution, we have taken a significant step in expanding our offer of automated solutions.
  • The acquisition of Cima strengthens Loomis' offer of automated solutions in line with the communicated strategy to add new technology and competencies to complement the existing business.
  • The contribution from the acquisition should be seen as an addition to Loomis' financial targets for the strategic period ending 2024.

Loomis U.S. Raises $12,000 for Breast Cancer Awareness Month

Retrieved on: 
Friday, October 28, 2022
Breast cancer, Organization, Awareness, The SafePoint Trust, Caregiver, Multimedia, Woman, Breast Cancer Awareness Month, Life, Disease, Birth control

HOUSTON, Oct. 28, 2022 /PRNewswire/ -- On Friday, Oct. 28th, Loomis U.S. presented a $12,000 check to Janice Workcuff, the founder of Angels Surviving Cancer, in honor of Breast Cancer Awareness Month.

Key Points: 
  • HOUSTON, Oct. 28, 2022 /PRNewswire/ -- On Friday, Oct. 28th, Loomis U.S. presented a $12,000 check to Janice Workcuff, the founder of Angels Surviving Cancer, in honor of Breast Cancer Awareness Month.
  • Angels Surviving Cancer is a Houston-based non-profit organization that assists women who are fighting breast cancer through the entire spectrum of needs including advocacy, financial, emotional, and spiritual support.
  • Therefore, Loomis finds it important to support organizations like Angels Surviving Cancer, which have stepped up to help women win the battle against breast cancer.
  • Therefore, for many Loomis team members, including myself, there is a personal continuous grind month after month to support them not only in October."

Loomis Interim Report January - September 2022

Retrieved on: 
Friday, October 28, 2022
Tourism, Travel, The SafePoint Trust, EBITA, Society, Group, Solution, Video game, Renewable energy, Retail

STOCKHOLM, Oct. 28, 2022 /PRNewswire/ -- Loomis achieved all-time high revenues and operating profit in the third quarter. Revenues in Europe and Latin America have returned to pre-pandemic levels with the opening of societies and increased tourism and travel. The automated solutions with SafePoint in the USA have continued to be successful. Loomis Pay transaction volumes continued to grow and the pilot project in Spain developed according to plan.

Key Points: 
  • The automated solutions with SafePoint in the USA have continued to be successful.
  • Loomis Pay transaction volumes continued to grow and the pilot project in Spain developed according to plan.
  • The margin was positively impacted by increased volumes but slightly impacted by labor shortages as well as general supply chain issues.
  • Excluding Loomis Pay, the operating margin reached 13.1 percent (12.0).

Loomis U.S. Welcomes Björn Züger as New President and Chief Executive Officer

Retrieved on: 
Wednesday, October 5, 2022
Efficiency, Growth, Region, Multimedia, Country, The SafePoint Trust, Goal, VIA, Management

HOUSTON, Oct. 5, 2022 /PRNewswire/ -- Loomis U.S. is proud to announce that Bjrn Zger has joined the team as the new President and Chief Executive Officer as of September 23, 2022.

Key Points: 
  • HOUSTON, Oct. 5, 2022 /PRNewswire/ -- Loomis U.S. is proud to announce that Bjrn Zger has joined the team as the new President and Chief Executive Officer as of September 23, 2022.
  • Prior to joining Loomis U.S., Zger served as the Country President of Loomis Switzerland and Regional Vice President for Austria, Germany, and Switzerland.
  • Zger is dedicated to leading Loomis U.S. into its next chapter with a strong focus on efficiency, quality, and excellence.
  • "I am honored and excited to join Loomis U.S.," says Bjrn Zger, President and Chief Executive Officer of Loomis U.S. "I look forward to working alongside our customers and the U.S. team by continuing our commitment to excellence and the Loomis values, as well as driving our position as a tech-focused cash management industry leader."

MERRITT PROPERTIES SIGNS FIRST FLORIDA LEASE

Retrieved on: 
Tuesday, September 27, 2022
Jacksonville Port Authority, I-95, The SafePoint Trust, ESFR, Jacksonville International Airport, Multimedia, Property management, Bank

JACKSONVILLE, Fla., Sept. 27, 2022 /PRNewswire/ -- Merritt Properties, a full-service commercial real estate developer with offices in Florida, Maryland, North Carolina and Virginia, announced today that it has signed its first lease at Imeson Landing Business Park located in Jacksonville, Florida. With the first three buildings scheduled to deliver this fall, Loomis US has signed on as the park's first tenant, leasing 29,000 square feet to expand local operations.

Key Points: 
  • JACKSONVILLE, Fla., Sept. 27, 2022 /PRNewswire/ -- Merritt Properties , a full-service commercial real estate developer with offices in Florida, Maryland, North Carolina and Virginia, announced today that it has signed its first lease at Imeson Landing Business Park located in Jacksonville, Florida.
  • Merritt Properties Prepares to Deliver First Three Light Industrial Buildings in Jacksonville, FL.
  • Established over 50 years ago in 1967, Merritt Properties owns and manages the largest privately held commercial real estate portfolio in the region, with nearly 19 million square feet of Class A office, flex, warehouse, industrial, retail and build-to-suit in Maryland, Virginia, North Carolina and Florida.
  • Merritt Properties is part of Merritt Companies, which also includes Merritt Construction Services and Merritt Clubs.

Loomis US Launches New Career Site to Attract and Engage with Candidates

Retrieved on: 
Friday, July 29, 2022
People, Multimedia, Marketing, Acquisition, The SafePoint Trust, Culture, Acqui-hiring, Veteran, Industry, Management, Online shopping

The new site highlights the Loomis US culture and benefits for potential candidates while also outlining the recruitment process and making it easy to apply for jobs across the country.

Key Points: 
  • The new site highlights the Loomis US culture and benefits for potential candidates while also outlining the recruitment process and making it easy to apply for jobs across the country.
  • "The goal of our new career website is to give potential job candidates a transparent look at what it is like to work at Loomis here in the US," says, Emily Wiley, Vice President of Marketing at Loomis US.
  • "We understand that the current job market is very tight, and candidates have a lot of options.
  • This is why we have taken the time to expertly craft a positive recruitment experience that begins the moment someone visits our career website."

Loomis Interim Report January - June 2022

Retrieved on: 
Friday, July 22, 2022
Society, Group, EBITA, The SafePoint Trust, Video game, Weapon

Loomis' strong development is supported by the opening of societies post the pandemic in Europe, and continued success for SafePoint in the USA.

Key Points: 
  • Loomis' strong development is supported by the opening of societies post the pandemic in Europe, and continued success for SafePoint in the USA.
  • Loomis Pay transaction volumes show an encouraging development, and we have now initiated a pilot in Spain.
  • In terms of organic growth Loomis Group have now reported three consecutive quarters with higher revenue than before the pandemic started.
  • The quarter's positive development confirms Loomis strength despite significant macroeconomic and geopolitical uncertainties.