Fundamental analysis

Ackroo releases 2019 Audited Financial Results reporting 18% YoY growth

Retrieved on: 
Wednesday, April 29, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit, Economy

HAMILTON, Ontario, April 29, 2020 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the Company or Ackroo), a loyalty marketing, gift card and payments technology and services provider, has filed its financial results for the year ended December 31, 2019.

Key Points: 
  • HAMILTON, Ontario, April 29, 2020 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the Company or Ackroo), a loyalty marketing, gift card and payments technology and services provider, has filed its financial results for the year ended December 31, 2019.
  • The results for the year ended December 31, 2019 reflect 18% year over year revenue growth from 2018 and a 7-year cumulative average growth rate of 36% per year since inception in 2012.
  • The results also include a 25% increase in subscription revenue and a 51% increase in EBITDA over 2018.
  • 2019 was a great year for the Company, said Steve Levely, CEO at Ackroo.

Clean Harbors Announces First-Quarter 2020 Financial Results

Retrieved on: 
Wednesday, April 29, 2020
Other Energy, Environment, Utilities, Oil, Gas, Alternative energy, Energy, Finance, Fundamental analysis, Economy, Earnings before interest, taxes, depreciation, and amortization, Private equity, Profit, Financial markets, Income, Generally Accepted Accounting Principles, Clean Harbors, GAAP, Accounting

Clean Harbors, Inc. (Clean Harbors) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the first quarter ended March 31, 2020.

Key Points: 
  • Clean Harbors, Inc. (Clean Harbors) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the first quarter ended March 31, 2020.
  • Our market leadership, financial liquidity and positive free cash flow will enable us to navigate this global crisis.
  • Clean Harbors reports Adjusted EBITDA, which is a non-GAAP financial measure and should not be considered an alternative to net income or other measurements under generally accepted accounting principles (GAAP), but viewed only as a supplement to those measurements.
  • Clean Harbors believes that Adjusted EBITDA provides additional useful information to investors since the Companys loan covenants are based upon levels of Adjusted EBITDA achieved and management routinely evaluates the performance of its businesses based upon levels of Adjusted EBITDA.

DGAP-News: Krones AG: Krones improves profitability in first quarter of 2020 despite slightly lower revenue

Retrieved on: 
Wednesday, April 29, 2020
Profit, Fundamental analysis, Economy, Finance, Money, Earnings before interest, taxes, depreciation, and amortization, Private equity, Earnings

Earnings before interest, taxes, depreciation and amortisation (EBITDA) went up, despite the lower revenue, to 89.5 million.

Key Points: 
  • Earnings before interest, taxes, depreciation and amortisation (EBITDA) went up, despite the lower revenue, to 89.5 million.
  • Krones' business was affected in the first quarter of 2020 by the initial impacts of the COVID-19 situation.
  • In the first quarter of 2020, Krones' order intake fell by 19.3% year-on-year, from 1,041.6 million to 841.1 million.
  • The measures are beginning to take effect and have contributed to earnings being higher in the first quarter of 2020 despite lower revenue.

Boyd Gaming Reports Preliminary First-Quarter 2020 Results

Retrieved on: 
Tuesday, April 28, 2020
Fundamental analysis, Profit, Finance, Money, Economy, Earnings before interest, taxes, depreciation, and amortization, Private equity, Financial ratio, GAAP

The financial information provided for first quarter 2020 is preliminary and subject to change.

Key Points: 
  • The financial information provided for first quarter 2020 is preliminary and subject to change.
  • The final financial results for the quarter will be provided in a Form 10-Q expected to be filed with the SEC on or before May 11, 2020.
  • The use of EBITDA, Adjusted EBITDA, EBITDAR, Adjusted EBITDAR, Adjusted Earnings, Adjusted EPS and certain other non-GAAP financial measures has certain limitations.
  • EBITDA, Adjusted EBITDA, EBITDAR, Adjusted EBITDAR, Adjusted Earnings, Adjusted EPS and certain other non-GAAP financial measures are used in addition to and in conjunction with results presented in accordance with GAAP.

PRGX Global, Inc. Announces First Quarter 2020 Financial Results

Retrieved on: 
Tuesday, April 28, 2020
Earnings before interest, taxes, depreciation, and amortization, Fundamental analysis, Private equity, Profit

The first quarter of 2020 marks the Companys highest first quarter Adjusted EBITDA in seven years, continuing the momentum we saw in the fourth quarter of last year, which was our strongest in over ten years.

Key Points: 
  • The first quarter of 2020 marks the Companys highest first quarter Adjusted EBITDA in seven years, continuing the momentum we saw in the fourth quarter of last year, which was our strongest in over ten years.
  • Unaudited Consolidated Results from Continuing Operations for the Three Months Ended March31, 2020
    Consolidated revenue for the first quarter of 2020 was $36.8million, compared to $38.8million for the same period in 2019, a decrease of 5.1%.
  • On a constant dollar basis adjusted for changes in foreign exchange rates, revenue decreased by 3.3% in the first quarter of 2020 compared to the same period in the prior year.
  • As previously announced, management will hold a conference call later today at 5:00 PM (Eastern time) to discuss the Companys first quarter 2020 financial results.

Schneider Upgrades Carrier Payment Process With Pairing of TriumphPay and Transflo

Retrieved on: 
Tuesday, April 28, 2020
Professional services, Trucking, Technology, Logistics, Supply chain management, Transport, Software, Finance, Accounts receivable, Corporate finance, Factoring, Fundamental analysis, Working capital management, Economy, Freight transport, Schneider, TriumphPay, Transflo

Schneiders pairing of these two tools also increases flexibility and ease of fund transfer in an industry where every minute matters.

Key Points: 
  • Schneiders pairing of these two tools also increases flexibility and ease of fund transfer in an industry where every minute matters.
  • Introducing TriumphPay to a suite of carrier technologies that already includes Transflo helps them streamline and automate payments saving significant time and allowing carriers to do their job more efficiently.
  • TriumphPay is a leading provider of carrier and vendor payment solutions to the supply chain industry.
  • TriumphPay simplifies the management of carrier payments for brokers and shippers including managing verification and collection calls from factoring companies.

The Global Factoring Market is expected to grow by USD 1308.4 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period

Retrieved on: 
Tuesday, April 28, 2020
Business, Economy, Working capital management, Articles, Accounts receivable, Corporate finance, Factoring, Fundamental analysis, Market analysis, Trend

The analyst has been monitoring the factoring market, and it is poised to grow by USD 1308.4 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period.

Key Points: 
  • The analyst has been monitoring the factoring market, and it is poised to grow by USD 1308.4 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period.
  • Our reports on factoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment.
  • The factoring market analysis includes segmentation by type and geographic landscape.

Synchronoss Technologies, Inc. Reports Inducement Grants to Employees Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Tuesday, April 28, 2020
Corporate finance, Stock market, Finance, Financial economics, Money, Employee stock ownership, Fundamental analysis, Restricted stock, Executive compensation, Stock

Each of these grants was an inducement award that was approved by the Compensation Committee of Synchronoss Board of Directors, and granted as an inducement equity award under the Company's 2017 New Hire Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).

Key Points: 
  • Each of these grants was an inducement award that was approved by the Compensation Committee of Synchronoss Board of Directors, and granted as an inducement equity award under the Company's 2017 New Hire Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4).
  • Synchronoss granted the twelve newly hired employees an aggregate of 9,413 time-based restricted stock awards.
  • In addition, the employees received an aggregate of 3,137 time-based stock option awards.
  • Synchronoss secure, scalable and groundbreaking new technologies, trusted partnerships and talented people change the way TMT customers grow their business.

DGAP-News: SYZYGY AG: SYZYGY generates sales of EUR 14.9 million and grows by 6 per cent in core German market

Retrieved on: 
Tuesday, April 28, 2020
Profit, Earnings before interest and taxes, Fundamental analysis, ebit, Net income

The SYZYGY Group's business grew again by 6 per cent in the core German market, with sales of around EUR 12.3 million and a continuing strong EBIT margin of 13 per cent.

Key Points: 
  • The SYZYGY Group's business grew again by 6 per cent in the core German market, with sales of around EUR 12.3 million and a continuing strong EBIT margin of 13 per cent.
  • Internationally, there was a significant decline in sales, leading to a loss of EUR 0.2 million.
  • The SYZYGY Group's operating income (EBIT) came in at EUR 1.1 million, with the EBIT margin declining from 9.2 per cent to 7.4 per cent.
  • Financial income was slightly negative at EUR -0.1 million, meaning that total net income after taxes is around EUR 0.7 million.

RevoluGROUP Canada Inc. Remittance Business Update

Retrieved on: 
Tuesday, April 28, 2020
Business, Economy, Accounts receivable, Corporate finance, Factoring, Fundamental analysis, Working capital management, Invoice, Remit, Revo, Articles

VANCOUVER, British Columbia, April 28, 2020 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ) in light of the recent news concerning the PSD2 Banking License, the company is pleased to provide an update to the RevoluPAY remittance business.

Key Points: 
  • VANCOUVER, British Columbia, April 28, 2020 (GLOBE NEWSWIRE) -- RevoluGROUP Canada Inc. (TSX-V: REVO ), (Frankfurt: IJA2 ) in light of the recent news concerning the PSD2 Banking License, the company is pleased to provide an update to the RevoluPAY remittance business.
  • From the outset, it was clear to the company that merely disrupting the remittance business was not enough.
  • RevoluGROUP Canada Inc. is a multi-asset, multidivisional publicly traded Canadian company deploying advanced technologies in the; Online Travel, Vacation Resort, Mobile Apps, Money Remittance, Mobile Phone Top-Ups, EGaming, Healthcare Payments, Esports, Invoice factoring, Blockchain Systems, and Fintech app sectors.
  • For further information on RevoluGROUP Canada Inc. (TSX-V: REVO) visit the Companys website at www.RevoluGROUP.com .