Fundamental analysis

Centaurus Energy Inc. Announces 2020 Financial Results and Operational Update

Retrieved on: 
Wednesday, July 14, 2021
Corporate finance, Cash flow, Fundamental analysis, Finance, Money, Economy, S&P/TSX 60

(All dollar figures are expressed in United States Dollars)

Key Points: 
  • The reconciliation between funds flow from continuing operations and cash flows from operating activities can be found in the MD&A.
  • Management uses working capital to measure liquidity and to evaluate financial resources.
  • Centaurus is an independent upstream oil and gas company with both conventional and unconventional oil and gas operations in Argentina.
  • The Company's shares trade on the TSX Venture Exchange under the symbol CTA and on the OTCQB under the symbol CTARF.

Inscape Announces Fourth Quarter and Full Year 2021 Financial Results

Retrieved on: 
Thursday, July 15, 2021
Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Private equity, Profit

HOLLAND LANDING, Ontario, July 15, 2021 (GLOBE NEWSWIRE) -- Inscape (TSX: INQ), a leading designer and manufacturer of furnishings and movable wall systems for the workplace, today announced its results of operations for the fourth quarter and full year ended April 30, 2021.

Key Points: 
  • HOLLAND LANDING, Ontario, July 15, 2021 (GLOBE NEWSWIRE) -- Inscape (TSX: INQ), a leading designer and manufacturer of furnishings and movable wall systems for the workplace, today announced its results of operations for the fourth quarter and full year ended April 30, 2021.
  • Fiscal Year 2021 results reflect a full year of operations impacted by the COVID-19 pandemic and, as such, any comparison to prior fiscal years is of little value.
  • Total sales for the fourth quarter of fiscal 2021 were $8.1 million, compared to $14.4 million for the same period of fiscal 2020.
  • Non-GAAP EBITDA for the fourth quarter was negative $1.3 million, compared to negative $4.0 million, for fiscal 2020.

Chintai Institutional Beta Program Opens July 31, 2021

Retrieved on: 
Thursday, July 15, 2021
Beta, Fundamental analysis, Mathematical finance, Academic disciplines

SINGAPORE, July 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire- Chintai, a Singapore-based SaaS company that specializes in compliant digital asset technology for capital markets, has announced the launch of its Institutional Beta Program.

Key Points: 
  • SINGAPORE, July 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire- Chintai, a Singapore-based SaaS company that specializes in compliant digital asset technology for capital markets, has announced the launch of its Institutional Beta Program.
  • The Beta Program has already been very positively received across the industry, with several of the worlds top investment banks and asset managers committed to participating.
  • To learn more, view a demo of the platform and for details about participating in the institutional beta, please contact Chintai directly at [email protected] .
  • Chintai is currently accepting clients into our pilot program for tokenized real estate, funds, debt, and other financial instruments.

Airgain® Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Thursday, July 15, 2021
Consumer electronics, Technology, Mobile, Wireless, Telecommunications, Networks, Hardware, Finance, Financial markets, Money, Corporate finance, Employee stock ownership, Fundamental analysis, Restricted stock, Stock market, Inducement rule, NASDAQ

The awards were made on July 15, 2021 under Airgains 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Airgain as an inducement to join the company.

Key Points: 
  • The awards were made on July 15, 2021 under Airgains 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Airgain as an inducement to join the company.
  • The inducement awards to the 11 new employees consist of options to purchase an aggregate of 23,500 shares of Airgain common stock, and 16,700 restricted stock units (RSUs).
  • The awards were approved by the Compensation Committee of Airgains Board of Directors, as required by Nasdaq Rule 5635(c)(4), and were granted as an inducement material to the new employees entering into employment with Airgain in accordance with Nasdaq Rule 5635(c)(4).
  • Airgain and the Airgain logo are registered trademarks of Airgain, Inc.
    Airgain cautions you that statements in this press release that are not a description of historical facts are forward-looking statements.

ThermoCredit Creates Credit Facility for ASC Partners

Retrieved on: 
Wednesday, July 14, 2021
Working capital management, Corporate finance, Accounts receivable, Factoring, Fundamental analysis, ASC, Finance, Money, Economy

TAMPA, Fla., July 14, 2021 /PRNewswire-PRWeb/ -- Thermo Credit LLC has entered into an agreement with ASC Partners to provide a rapid access credit facility.

Key Points: 
  • TAMPA, Fla., July 14, 2021 /PRNewswire-PRWeb/ -- Thermo Credit LLC has entered into an agreement with ASC Partners to provide a rapid access credit facility.
  • The $250,000 factoring facility has been created for ASC Partners to continue growth of other business interests.
  • "ASC Partners approached ThermoCredit about a creating a credit facility to help fund other business opportunities and we were only too happy to be their finance company of choice," said Seth Block, ThermoCredit's Executive Vice President.
  • "Clients like ASC Partners are the kinds of companies ThermoCredit works with every day.

Logansport Financial Corp. Reports Net Earnings for the Quarter Ended June 30, 2021

Retrieved on: 
Wednesday, July 14, 2021
Geography of Indiana, Fundamental analysis, Financial ratios, Corporate finance, Logansport, Indiana, Earnings per share, Logansport Whitecaps, LOGANSPORT, INDIANA, States of the United States

LOGANSPORT, Ind., July 14, 2021 (GLOBE NEWSWIRE) -- Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended June 30, 2021 of $665,000 or $1.09 per diluted share, compared to earnings in 2020 of $879,000 or $1.44 per diluted share.

Key Points: 
  • LOGANSPORT, Ind., July 14, 2021 (GLOBE NEWSWIRE) -- Logansport Financial Corp., (OTCQB, LOGN), parent company of Logansport Savings Bank, reported net earnings for the quarter ended June 30, 2021 of $665,000 or $1.09 per diluted share, compared to earnings in 2020 of $879,000 or $1.44 per diluted share.
  • Year to date the company reported net earnings of $1,598,000 for 2021 compared to $1,492,000 for 2020.
  • Diluted earnings per share for the six months ended June 30, 2021 were $2.63 compared to $2.44 for the six months ended June 30, 2020.
  • Total assets at June 30, 2021 were $243.4 million compared to total assets at June 30, 2020 of $221.6 million.

Q.E.P. Co., Inc. Reports Fiscal 2022 First Quarter Financial Results

Retrieved on: 
Wednesday, July 14, 2021
Profit, Finance, Money, Economy, Fundamental analysis, Income statement, Net income, Earnings before interest, taxes, depreciation and amortization, Income, Amortization, Earnings, Non-operating income

As a percentage of net sales, gross margin was 27.4% in the first quarter of fiscal 2022, as compared to 27.5% in the first quarter of fiscal 2021.

Key Points: 
  • As a percentage of net sales, gross margin was 27.4% in the first quarter of fiscal 2022, as compared to 27.5% in the first quarter of fiscal 2021.
  • The provision for income taxes as a percentage of income before taxes was 28.0% for both the first quarter of fiscal 2022 and the first quarter of fiscal 2021.
  • Net income for the first quarter of fiscal 2022 was $2.6 million or $0.79 per diluted share, compared to $0.7 million or $0.21 per diluted share for the first quarter of fiscal 2021.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) for the first quarter of fiscal 2022 was $5.0 million as compared to $2.5 million for the first quarter of fiscal 2021.

Earnings in the U.S. Middle Market Are Booming, Even Compared to Strong, Pre-Covid Q2 2019 Results

Retrieved on: 
Tuesday, July 13, 2021
Finance, Golub Capital, Fundamental analysis, Money, Investment, Earnings before interest, taxes, depreciation and amortization, Golub, Valuation, Financial ratios

NEW YORK, July 13, 2021 /PRNewswire/ -- Golub Capital today published a special edition of the Golub Capital Middle Market Report for Q2 2021.

Key Points: 
  • NEW YORK, July 13, 2021 /PRNewswire/ -- Golub Capital today published a special edition of the Golub Capital Middle Market Report for Q2 2021.
  • The report compared the April and May 2021 revenue and earnings of middle market private companies in the Golub Capital Altman Index to revenue and earnings in April and May 2019.
  • Middle market private companies in the Golub Capital Altman Index experienced EBITDA growth of 31% and revenue growth of 21% in April and May 2021 compared to their April and May 2019 earnings and revenue.
  • Revenue and earnings growth in April and May 2021 were remarkably strong relative to April and May 2019, which was also a strong period.

Media and Games Invest signs transforming acquisition of Smaato, a leading digital advertising platform, adding on a pro forma FY 2020 basis 51% revenues and 140% EBITDA to its Verve Group

Retrieved on: 
Tuesday, July 13, 2021
Finance, Fundamental analysis, Valuation, Money, Earnings before interest, taxes, depreciation and amortization, Private equity, Profit, Financial ratio, EV/EBITDA, Economy

FY 2021 revenue guidance for Smaato are expected revenues of EUR 39 million and an expected adjusted EBITDA of EUR 13 million, which represents a 33 percent adjusted EBITDA margin.

Key Points: 
  • FY 2021 revenue guidance for Smaato are expected revenues of EUR 39 million and an expected adjusted EBITDA of EUR 13 million, which represents a 33 percent adjusted EBITDA margin.
  • EBITDA grows on a pro forma FY 2020 basis from EUR 29 million to EUR 37 million following the Transaction, the media segments adj.
  • EBITDA grows on a pro forma FY 2020 basis from EUR 6 million to EUR 14 million while the EBITDA margin of the media segment increases from 9% to 15%.
  • Based on growth expectations for 2022, which includes realization of substantial synergies with Verve Group, the EV/EBITDA multiple is expected to be at 6.8x.

EVmo Announces Closing of $15 Million Debt Financing to Drive Fleet and Market Expansion

Retrieved on: 
Monday, July 12, 2021
Finance, Private equity, Money, Earnings before interest, taxes, depreciation and amortization, Fundamental analysis, Profit, Corporate finance, Economy

With further financing we will endeavor to deploy 10,000 vehicles over an 18 - 24 month period, commented Stephen Sanchez, CEO of EVmo.

Key Points: 
  • With further financing we will endeavor to deploy 10,000 vehicles over an 18 - 24 month period, commented Stephen Sanchez, CEO of EVmo.
  • We have continually said that we will lean on debt and other non-dilutive financing in addition to equity capital.
  • This is a high EBITDA model that supports debt financing that we believe will create proportionately greater returns to shareholders.
  • We believe our financing will accelerate EVmo to become a leader in the electric car rental market.