Fundamental analysis

1st Commercial Credit Funds over $35 Million in USDA Poultry and Dairy Contracts

星期五, 六月 18, 2021 - 10:15pm

AUSTIN, Texas, June 18, 2021 /PRNewswire/ -- 1st Commercial Credit, LLC is an invoice factoring and trade payable finance company based out of Austin, TX.

Key Points: 
  • AUSTIN, Texas, June 18, 2021 /PRNewswire/ -- 1st Commercial Credit, LLC is an invoice factoring and trade payable finance company based out of Austin, TX.
  • Primary buyers of the food supply are sometimes referred to as prime contractors that have been awarded the agreements by the USDA.
  • 1st Commercial Credit makes this type of transaction funding easy for clients to pay food suppliers within terms, while offering the primary buyers 14 to 30 day credit terms.
  • 1st Commercial Credit continues to get inquiries from poultry and beef importers that need more cash flow due to the high demand and higher than usual price increases.

DGAP-News: VERIANOS SE reports preliminary figures for the 2020 financial year

星期五, 六月 18, 2021 - 1:03pm

EBITDA expected to be EUR -2.7 million (previous year: EUR -1.3 million)

Key Points: 
  • EBITDA expected to be EUR -2.7 million (previous year: EUR -1.3 million)
    Cologne, 18 June 2021 - VERIANOS SE (ISIN: DE000A0Z2Y48) has published its preliminary figures for the 2020 financial year.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) are expected to amount to EUR -2.7 million (previous year: EUR -1.3 million).
  • The company's capital resources per balance sheet date as of December 31, 2020 remain solid with a preliminary equity ratio of around 42%.
  • Furthermore, VERIANOS SE announces that Board member Ole Sichter will leave the group for personal reasons on June 30, 2021.

DGAP-News: Ekotechnika AG stays on growth track in H1 2020/21

星期五, 六月 18, 2021 - 10:00am

EBITDA (earnings before interest, taxes, depreciation and amortization) showed a clearly positive trend and reached EUR 6.3 million (H1 2019/20: EUR -2.2 million.).

Key Points: 
  • EBITDA (earnings before interest, taxes, depreciation and amortization) showed a clearly positive trend and reached EUR 6.3 million (H1 2019/20: EUR -2.2 million.).
  • The same applies to earnings before interest and taxes (EBIT), which amounted to EUR 4.8 million (H1 2019/20: EUR -3.6 million).
  • Bjoerne Drechsler, member of the Executive Board of Ekotechnika AG: "The first six months of the 2020/21 financial year were very satisfactory for the Ekotechnika Group.
  • Ekotechnika AG, Walldorf, is the German holding company of the EkoNiva-Technika Group, the largest distributor of agricultural machinery in Russia.

Amid Factoring Boom, Industry Leader Reminds Business Owners to Examine Funding Offers Carefully

星期四, 六月 17, 2021 - 11:00am

HOUSTON, June 17, 2021 /PRNewswire/ --Leading factoring company Charter Capital is urging business owners to explore their funding options carefully as they ramp up post-pandemic recovery operations.

Key Points: 
  • HOUSTON, June 17, 2021 /PRNewswire/ --Leading factoring company Charter Capital is urging business owners to explore their funding options carefully as they ramp up post-pandemic recovery operations.
  • Coming out of the pandemic is similar, though the need is much greater due to the extended closures and economic uncertainty.
  • By evaluating these types of benefits alongside traditional considerations such as fees, business owners will get more growth potential from their partnership, Brown notes.
  • Business owners should explore their funding options carefully as they ramp up post-pandemic recovery operations.

Ellington Financial Announces Estimated Book Value Per Common Share as of May 31, 2021

星期三, 六月 16, 2021 - 9:10pm

Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per common share of $18.23 as of May 31, 2021.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced its estimated book value per common share of $18.23 as of May 31, 2021.
  • Estimated book value per common share is subject to change upon completion of the Company's month-end and quarter-end valuation procedures relating to its investment positions, and any such change could be material.
  • Examples of forward-looking statements in this press release include statements regarding the Company's book value per common share.
  • Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

European businesses see outlook improving - now hungry for growth

星期三, 六月 16, 2021 - 9:05am

Nevertheless, many companies are under pressure and are now hungry for a new phase of growth.

Key Points: 
  • Nevertheless, many companies are under pressure and are now hungry for a new phase of growth.
  • "Despite government support having prevented businesses from failing, half of the surveyed companies acknowledge that they are lucky to have survived 2020.
  • A large part of European businesses are enthusiastic about the future, planning bold strategic initiatives as well as securing cash flow and liquidity.
  • *The European Payment Report describes the impact of late payments on businesses' outlook, growth, and development.

2CRSi SA: Estimated 2020/2021 consolidated annual results. Positive momentum in early 2021/2022.

星期二, 六月 15, 2021 - 11:01pm

Estimated payroll costs amounted to (19.4)m, at 11.9% of Group revenue, compared with (16.8)m and 11.9% of pro forma 2019/20 revenue.

Key Points: 
  • Estimated payroll costs amounted to (19.4)m, at 11.9% of Group revenue, compared with (16.8)m and 11.9% of pro forma 2019/20 revenue.
  • In particular, the sales and sales support teams were strengthened in the Middle East, the United States and Europe.
  • Estimated EBITDA for the financial year was 7.3m, up 6.2m compared to the pro forma for financial year 2019/20.
  • The first months of 2021/22 were in line with the second half of the previous financial year, with positive commercial momentum.

Cleveland-Cliffs Announces Increase to Second-Quarter and Full-Year 2021 Financial Guidance

星期二, 六月 15, 2021 - 12:00pm

Cleveland-Cliffs Inc. (NYSE: CLF) today provided updated financial guidance based on its most recent 2021 financial forecast.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) today provided updated financial guidance based on its most recent 2021 financial forecast.
  • The Company will announce its full second-quarter 2021 earnings results before the U.S. market open on Thursday, July 22, 2021.
  • The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that address.
  • * Adjusted EBITDA is a non-GAAP financial measure that management uses in evaluating operating performance.

4iG (4iG): Executing at pace on its five-year plan

星期二, 六月 15, 2021 - 8:02am

The group continues to scale in Hungary, with a target to become the market leader, but we also expect 4iG to develop a more diversified regional footprint in FY21 and FY22.

Key Points: 
  • The group continues to scale in Hungary, with a target to become the market leader, but we also expect 4iG to develop a more diversified regional footprint in FY21 and FY22.
  • On top of 39% revenue growth in FY20, we estimate 44% revenue growth in FY21, even before considering the contribution from DIGI Group (FY20 revenues HUF70bn, EBITDA HUF19bn).
  • About Edison: Edison is a leading research and investor relations consultancy, connecting listed companies to the widest pool of global investors.
  • Having been the first in-market 17 years ago, Edison now has more than 100 analysts covering every economic sector.

Fortune Global 500 B2B Companies Stand to Miss Out on $1 Trillion in Profits

星期一, 六月 14, 2021 - 3:00pm

DENVER, June 14, 2021 /PRNewswire/ --A new white paper predicts that B2B companies within the Fortune Global 500 will potentially fail to capture a staggering one trillion dollars in profits over the next five years.

Key Points: 
  • DENVER, June 14, 2021 /PRNewswire/ --A new white paper predicts that B2B companies within the Fortune Global 500 will potentially fail to capture a staggering one trillion dollars in profits over the next five years.
  • The white paper, "$1 Trillion on the Table: What B2B Companies Stand to Lose Without Price Optimization and Management Software," was researched and written by Robert Irwin and Mitchell D Lee, consultants at global price optimization and management solutions provider Vendavo.
  • The shortfall, they say, is because only 14% of companies apply PO&M tools or methodology.
  • This leads to them missing out on profits and margins during what many predict to be a strong rebound from the disruptions of 2020.