Depreciation

PASSUR Aerospace Announces Four Consecutive Quarters of Income from Operations, with Income from Operations of $609,000 and $1,126,000 for the Six Months and the Last Twelve Months Ended April 30, 2021

星期四, 六月 17, 2021 - 6:14pm

The prior period losses were after the impairment charge of $9,874,000 noted above.

Key Points: 
  • The prior period losses were after the impairment charge of $9,874,000 noted above.
  • For the last twelve months, ended April 30, 2021, the Company's revenues were $7,285,000, and income from operations was $1,126,000, after deducting $1,068,000 in depreciation, amortization, and stock-based compensation.
  • Our collaborative framework uniquely enhances data sharing, communications, and decision-making within and between stakeholders in an operations ecosystem.
  • PASSUR provides its solutions to the largest airlines and airports globally including in the United States, Canada, and Latin America.

BeWhere Holdings Inc. Reports First Quarter 2021 Financial Results, Business Update and Announces Grant of Options

星期四, 五月 27, 2021 - 1:36pm

Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, and other non-recurring gains and losses.

Key Points: 
  • Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, and other non-recurring gains and losses.
  • Management believes that Adjusted EBITDA is a useful measure that facilitates period to period operating comparisons.
  • As the application of its monitors becomes better known, BeWhere is well positioned to serve an increasingly broader market.
  • BeWhere Holdings Inc. (the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law.

Parkit Enterprise Reports First Quarter 2021 Financial Results

星期四, 五月 27, 2021 - 3:37am

Toronto, Ontario--(Newsfile Corp. - May 26, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), an industrial real estate growth vehicle and parking platform, is pleased to highlight recent business activity and provides its financial results for the first quarter ended March 31, 2021.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - May 26, 2021) - Parkit Enterprise Inc. (TSXV: PKT) (OTC: PKTEF) ("Parkit" or the "Company"), an industrial real estate growth vehicle and parking platform, is pleased to highlight recent business activity and provides its financial results for the first quarter ended March 31, 2021.
  • In February 2021 and March 2021, Parkit completed two private placements for aggregate proceeds of $125,261,003 less fees through the issuance of 115,928,390 common shares of the Company at a price of $0.95 for the February 2021 private placement and $1.50 per share for the March 2021 private placement.
  • The loss for the quarter ended March 31, 2021 resulted from one time transaction costs and land transfer taxes on the purchase of its investment properties, a loss from its equity-accounted investees, higher than normal general and administration costs, depreciation and finance costs during the quarter ended March 31, 2021.
  • A summary of the results of operations for the quarter ended March 31, 2021 and the quarter ended April 30, 2020 are set forth below:

Scott+Scott Attorneys at Law LLP Investigates Ryder System, Inc.’s Directors and Officers for Breach of Fiduciary Duties – R

星期四, 五月 20, 2021 - 2:41pm

b'Scott+Scott Attorneys at Law LLP (\xe2\x80\x9cScott+Scott\xe2\x80\x9d), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Ryder System, Inc. (\xe2\x80\x9cRyder\xe2\x80\x9d) (NYSE: R) breached their fiduciary duties to Ryder and its shareholders.

Key Points: 
  • b'Scott+Scott Attorneys at Law LLP (\xe2\x80\x9cScott+Scott\xe2\x80\x9d), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Ryder System, Inc. (\xe2\x80\x9cRyder\xe2\x80\x9d) (NYSE: R) breached their fiduciary duties to Ryder and its shareholders.
  • If you are a Ryder shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or jpettigrew@scott-scott.com .\nScott+Scott is investigating whether members of Ryder\xe2\x80\x99s Board of Directors (the \xe2\x80\x9cBoard\xe2\x80\x9d) made, or caused Ryder to make, false and/or misleading statements, as well as failed to disclose material adverse facts, about Ryder\xe2\x80\x99s business, operations, prospects, and financial health.
  • \xc2\xa0Specifically, Scott+Scott is investigating whether the Board failed to disclose material information, including whether: (1) Ryder inflated its financial results by systematically overstating the residual value of its trucking fleet;\xc2\xa0and (2) as a result, statements about Ryder\xe2\x80\x99s business, operations, and prospects lacked a reasonable basis.\nOn July 30, 2019, Ryder drastically reduced its full-year 2019 earnings forecast, which management attributed primarily to declining valuations of its trucks.\xc2\xa0 On October 29, 2019, Ryder significantly lowered the residual value of its trucking fleet and incurred $177 million in additional depreciation expense in the third quarter of 2019.\xc2\xa0 On February 13, 2020, Ryder reported that, based on the significant reductions to the residual value of its fleet, it had incurred a total of $357 million in additional depreciation expense for 2019, as well as a loss of $58 million on the sale of used vehicles.\xc2\xa0 Ryder also announced that, for 2020, it expected to incur an additional $275 million in depreciation expense on its fleet, and an additional $20 million estimated loss on used vehicle sales.\xc2\xa0 As a result of these\xc2\xa0disclosures, the price of Ryder common stock declined precipitously.\nIf you are a Ryder shareholder, you may have legal claims against Ryder\xe2\x80\x99s directors and officers.\xc2\xa0 If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at 844-818-6982 or jpettigrew@scott-scott.com .\nScott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States.\xc2\xa0 The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, Virginia, and Ohio.\n'

Spark Networks SE Reports First Quarter 2021 Financial Results

星期一, 五月 17, 2021 - 2:00pm

b"1Contribution is defined as revenue, net of refunds and credit card chargebacks, less direct marketing.

Key Points: 
  • b"1Contribution is defined as revenue, net of refunds and credit card chargebacks, less direct marketing.
  • This includes: depreciation and amortization, share-based compensation, asset impairments, gains or losses on foreign currency transactions and net interest expense, acquisition related costs and other costs.
  • The exclusion of these charges and costs in future periods will have a significant impact on our Adjusted EBITDA.
  • Average paying subscribers for each month are calculated as the sum of the paying subscribers at the beginning and the end of the month, divided by two.

Sugarbud Launches New Website Feature – "Know Your Sugarbud" – Expands Consumer Access to Product Information

星期一, 五月 17, 2021 - 12:00pm

When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements.

Key Points: 
  • When used in this document, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements.
  • The forward-looking statements are founded on the basis of expectations and assumptions made by Sugarbud.
  • Please refer to Sugarbud\'s AIF and MD&A for additional risk factors relating to Sugarbud, which can be accessed under Sugarbud\'s profile on www.sedar.com.
  • EBITDA (meaning earnings before interest, taxes, depreciation and amortization) is not a recognized measure under IFRS.

thredUP Announces First Quarter 2021 Results

星期三, 五月 12, 2021 - 9:06pm

b"OAKLAND, Calif., May 12, 2021 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the world\xe2\x80\x99s largest resale platforms for women\xe2\x80\x99s and children\xe2\x80\x99s apparel, shoes, and accessories, announced today its financial results for the first quarter ended March 31, 2021.\n\xe2\x80\x9cthredUP is pleased to share our strong first quarter 2021 results and report for the first time as a public company,\xe2\x80\x9d said CEO and co-founder James Reinhart.

Key Points: 
  • b"OAKLAND, Calif., May 12, 2021 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP), one of the world\xe2\x80\x99s largest resale platforms for women\xe2\x80\x99s and children\xe2\x80\x99s apparel, shoes, and accessories, announced today its financial results for the first quarter ended March 31, 2021.\n\xe2\x80\x9cthredUP is pleased to share our strong first quarter 2021 results and report for the first time as a public company,\xe2\x80\x9d said CEO and co-founder James Reinhart.
  • In 2018, we extended our platform with thredUP Resale-As-A-Service (RaaS), which facilitates modern resale for a number of the world\xe2\x80\x99s leading brands and retailers.
  • However, for the second quarter of 2021 and full year 2021 depreciation and amortization is expected to be $2 million and $8 million, respectively.
  • In addition, for the second quarter of 2021 and full year 2021 stock-based compensation expense is expected to be $3 million and $11 million, respectively.

Oak Street Health Reports First Quarter 2021 Financial Results

星期一, 五月 10, 2021 - 9:05pm

However, for fiscal year 2021, depreciation and amortization is expected to be $15.0 million.\nThe Company will conduct a conference call Tuesday, May 11, 2021 at 8:00 AM Eastern Time to discuss these results and management\xe2\x80\x99s outlook for future financial and operational performance.

Key Points: 
  • However, for fiscal year 2021, depreciation and amortization is expected to be $15.0 million.\nThe Company will conduct a conference call Tuesday, May 11, 2021 at 8:00 AM Eastern Time to discuss these results and management\xe2\x80\x99s outlook for future financial and operational performance.
  • A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call at https://investors.oakstreethealth.com .\nFounded in 2012, Oak Street Health is a network of value-based primary care centers for adults on Medicare.
  • Oak Street Health currently operates more than 80 centers across 13 states.
  • These forward-looking statements include statements regarding our future growth and our financial outlook for the second quarter and fiscal year 2021.

Harvest Health & Recreation Inc. Reports First Quarter 2021 Financial Results

星期一, 五月 10, 2021 - 12:00pm

b'(1)Includes $4 and $166 of interest reported in cost of sales.\n(2)Includes $990 and $784 of depreciation reported in cost of sales.\nThis press release contains "forward-looking statements," within the meaning of United States and Canadian securities laws.

Key Points: 
  • b'(1)Includes $4 and $166 of interest reported in cost of sales.\n(2)Includes $990 and $784 of depreciation reported in cost of sales.\nThis press release contains "forward-looking statements," within the meaning of United States and Canadian securities laws.
  • These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein.
  • Harvest does not undertake to update any forward-looking statements that are included herein, except in accordance with applicable securities laws.\nAbout Harvest Health & Recreation Inc.\nHeadquartered inTempe, Arizona, Harvest Health & Recreation Inc. is a vertically integrated cannabis company and multi-state operator.
  • We hope you\'ll join us on our journey: https://harvesthoc.com\n'

First Eagle Alternative Capital BDC Reports First Quarter 2021 Financial Results and Declares a Dividend of $0.10 Per Share

星期四, 五月 6, 2021 - 9:05pm

The realized loss on Alex Toys, LLC was completely offset by the reversal of unrealized depreciation.

Key Points: 
  • The realized loss on Alex Toys, LLC was completely offset by the reversal of unrealized depreciation.
  • As of March 31, 2021, borrowings outstanding had a weighted average interest rate of 5.36 percent.
  • We plan to retire all shares of common stock that we purchase in the future in connection with the program.
  • The replay will also be available on the Company\xe2\x80\x99s website.\nFirst Eagle Alternative Capital BDC\xe2\x80\x99s filings with the Securities and Exchange Commission, press releases, earnings releases, investor presentation and other financial information are available on its website at www.FEACBDC.com .\nFIRST EAGLE ALTERNATIVE CAPITAL BDC, INC. AND SUBSIDIARIES\n'