Podcasts about adjusted ebitda

Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins us to review the Q1 financial and operations results from the San Albino Mine in Nicaragua, along with some ongoing residual leaching during the period from the recently acquired Moss Mine in Arizona.  We also unpack the anticipated mining to begin at the Moss Mine later this month in June, and what to anticipate for the several months of ramp up of increased production.  Additionally, we delve into the next key steps for derisking and development work at the Eagle Mountain Gold Project in Guyana to be in production there about 2 years out.   This is a longer-format interview where we get into many nuances of operations in all 3 jurisdictions.   The Company's financial results for Q1 2025 reflect record gold sales from its San Albino and Moss Mine of $31.8 million (vs. $19.2 million in Q1 2024), which generated $19.9 million in Mine Operating Cash Flow, $16.1 million in Adjusted EBITDA, and $9.4 million in Net Income. The Company sold 10,817 oz of gold at an average price of $2,915/oz with a $1,239 Cash Cost and $1,411 All-In Sustaining Cost ("AISC") ($/oz sold). Subsequent to March 31, 2025 Mako delivered the final installment of 13,500 oz of silver on the Sailfish Silver Loan.     Q2 2025 (through May 31st) - Mako Mining Financial Highlights   $25.1 million in Revenue from 7,409 oz of gold at $3,327/oz and 13,529 oz of silver at $33.03/oz $22.0 million in Cash and Receivables and $3.3 million in Restricted Cash (50% will become unrestricted in June 2025)   There is also a substantial exploration program underway all around the San Albino Project in Nicaragua, around the San Albino Mine, as the Las Conchitas concessions, and of particular interest at the El Golfo concessions. Drill hole EJ25-RC53 at El Golfo intersected a wide, high-grade interval of 39.15 g/t Au and 27.8 g/t Ag over 8.0 m (5.9 m ETW), 19.2 m below surface.    Akiba points out that the Moss mine has been producing gold the last few month through residual leaching at its beneficiation facilities, but their team is going to start mining again starting at the end of June, and then it will take several months for new materials moved onto the leach pads to charge up increased production again. A technical report is slated to be put out later in the year around September, after a few months of ramping up mining and assessing the resources in place. When the Moss Mine has been debottlenecked over time from a mining and permitting perspective and is producing at the grade and rate they believe is possible,  it could almost double their current production profile with approximately another 40,000 ounces of gold production per year out of Arizona.   Mako is also currently derisking their Eagle Mountain project in Guyana, and working on the next key deliverable of an agreement between the government and local stakeholders, and doing all the background environmental and engineering work to being the process for their EIA permit.  Once it is received back and a construction decision is made, there will be roughly a 1 year build, and then production is slated for Q2 of 2027 at an estimated 65,000 ounces per year.  When this added to the production out of Nicaragua and Arizona there is clear line of sight to growing into a mid-tier gold producer.     If you have any further questions for Akiba regarding Mako Mining, then please email them into us at either Fleck@kereport.com or  Shad@kereport.com.     In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording and may choose to buy or sell more shares at any time.   Click here for a summary of the recent news out of Mako Mining.

James Anderson, CEO of Guanajuato Silver (TSX.V:GSVR – OTCQX:GSVRF), joins me to review the solid Q1 2025 financials and operational metrics, demonstrating that the Company has reached a strong inflection point.  We also discuss the growth plans for the company through operational efficiencies at their 4 producing mines in Mexico, ongoing exploration initiatives, and the potential future development at Pinguico to augment throughput at their El Cubo mill.   Selected Q1 2025 Highlights:   Record mine operating income of $4,845,773 was up 82% over the previous quarter; the Company's mining operations have now successfully generated four consecutive quarters of positive mine operating income. Record revenue for the quarter of $21,330,483 was up 12% over the previous quarter. Guanajuato Silver is a primary precious metals producer with over 90% of the Company's revenue derived from the production and sale of silver and gold. Operating costs continued to improve over the quarter; cash cost of $19.19 per AgEq ounce was 3% lower than the previous quarter; All-In Sustaining Cost ("AISC")* was $23.41 per AgEq ounce - a 6% improvement over Q4, 2024. Production for the quarter was 738,006 silver equivalent ounces ("AgEq"), which was a 1% increase over the previous quarter. Production consisted of 380,406 ounces of silver, 3,347 ounces of gold, 699,294 pounds of lead, and 909,029 pounds of zinc. Adjusted EBITDA was up 135% over the previous quarter to $4,104,669.   James reviewed the out-sized leverage that Guanajuato has to the price of precious metals, and the operations returned record income and the highest quarterly revenue in the last quarter, as working efficiencies continue to show marked improvements at all four of their producing assets in Mexico.     Guanajuato Silver produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mining centers are located within the state of Guanajuato, which has an established 480-year mining history. In addition, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The operations team is also augmenting material at the Cata processing facility in Guanajuato with ore from both the historic Horcon Mine project, located in the state of Jalisco, and from stockpiles at the Pinguico mine.  James outlines that the company is working to get a permit to be able to extract more ore from the Pinguico underground mine, and is looking to launch a more comprehensive exploration and development work program at the Horcon Mine.     If you have any follow up questions for James on Guanajuato Silver, then please email them into me at Shad@kereport.com.   In full disclosure, Shad is a shareholder of Guanajuato Silver at the time of this recording and may choose to buy or sell shares at any time.   Click here to follow the latest news from Guanajuato Silver

Arrow Exploration CEO Marshall Abbott joined Steve Darling from Proactive to provide a comprehensive update on the company's operational and financial performance for the year ended December 31, 2024, along with a preview of its ambitious 2025 plans. Abbott announced that Arrow achieved a 65% increase in total oil and gas revenue, reaching $73.7 million (net of royalties), driven by strong production growth across key assets. The company reported net income of $13.2 million, which includes a $0.7 million reversal of impairment charges. Adjusted EBITDA rose sharply to $48 million—an impressive 78% increase compared to the previous year—highlighting improved operational efficiency and favorable market conditions. Operationally, Arrow made significant strides in 2024, drilling seven horizontal and five vertical wells at its Carrizales Norte field. These wells materially boosted output and enhanced the company's production profile. In addition, Arrow successfully drilled an exploratory well in the Alberta Llanos field within the Tapir Block, expanding its resource potential in the region. Looking ahead, the company has hit the ground running in 2025. So far this year, Arrow has drilled three development wells on the Carrizales Norte field and two more in the Alberta Llanos field. One of these, the AB-2 well, is currently being recompleted as a water disposal well. The remaining wells have been brought online and are producing at restricted rates to manage reservoir pressure and prevent early water breakthrough. Arrow's fully funded 2025 capital program totals $51 million and targets the drilling of up to 23 wells, primarily within the Tapir Block. This includes the company's first horizontal wells in the Alberta Llanos area, as well as newly identified prospects in the Mateguafa Attic. These initiatives underscore Arrow's commitment to unlocking value across its growing asset base and further enhancing shareholder returns. #proactiveinvestors #arrowexplorationinc #aim #axl #tsxv #axl #OilAndGas #MarshallAbbott #ColombiaEnergy #EnergyStocks #OilDrilling #JuniorOilandGas #CashFlow #Netback #TapirBlock #SeismicSurvey #InvestorUpdate

Made Tech CEO, Rory MacDonald and CFO, Neil Elton present the group's results for the six months ended 30 November 2024, followed by a Q&A session. Rory MacDonald, CEO & Founder 00:16 Introduction 00:59 H1 FY25 Highlights Neil Elton, CFO 04:55 H1 FY25 Financial highlights 06:39 Revenue and Gross Profit 10:17 Sales bookings 11:01 Adjusted EBITDA bridge 12:24 Balance sheet 13:55 Cash flow Rory MacDonald, CEO & Founder 14:53 Market opportunity 19:17 Clients and Industries 20:37 Case studies 25:02 Service Lines 28:03 Software products 29:02 People 31:20 ESG 32:49 Outlook 34:45 Q&A Made Tech is a provider of digital, data and technology services, which enable central government, healthcare, local government organisations and other regulated industries to digitally transform. Made Tech's purpose is to "positively impact the future of society by improving public services technology". To achieve this the company has four key strategic missions: Modernise legacy technology and working practices; Accelerate digital service and technology delivery; Drive better decisions through data and automation; and Enable technology and delivery skills to build better systems. The Group operates from four locations across the UK - London, Manchester, Bristol, and Swansea. More information is available at https://investors.madetech.com/

417: Am Beispiel von Palantir führt Pip detailliert durch Income Statement, Balance Sheet und Cash Flow Statement und erklärt, was die einzelnen Positionen bedeuten und warum es überhaupt 3 Berichte braucht. Worauf achtet Pip beim Lesen der Zahlen besonders? Was steckt auf Yahoo Finance unter Valuation Measures & Financial Highlights? Wieso berechnet Pip in unserem Sheet kein Discounted Cash Flow (DCF) Modell? Entdecke die Angebote unserer Werbepartner auf doppelgaenger.io/werbung. Vielen Dank! Philipp Glöckler und Philipp Klöckner sprechen heute über: (00:00:00) Intro (00:05:55) Earnings Report  (00:19:00) 3 Pflichtbestandteile (00:20:45) Income Statement: Gewinn- und Verlustrechnung (00:50:45) Balance Sheet: Bilanz (01:04:40) Cash Flow Statement: Kapitalflussrechnung (01:13:40) Non Gaap (01:16:30) Free Cashflow (01:17:40) Adjusted Ebitda (01:19:30) welche Kennzahlen schaut Pip sich an (01:25:00) Discounted Cashflow (01:35:15) Enterprise vs Equity Value  Shownotes Palantir CEO Nordic Walking: Youtube

On this Company episode of The Synopsis we cover Perimeter Solutions. Perimeter Solutions is the sole provider of a key fire fighting product, as well as other fire safety solutons. They went public through an acquistion vehicle controlled by Transdigm Founder and Billionaire, Nick Howley, as well as "The Outsiders" Author, William Thorndike. Nick Howley wants to apply the same model that made Transdigm so succesful to Perimeter Solutions.  Access the Free Portion of our Perimeter Solutions Exploratory Report Here  For full access to all of our in-depth research reports, become a Speedwell Member here.  If you need help getting Speedwell Research to become an approved research vendor, so you can expense your subscription, please email info@speedwellresearch.com  -*-*-*-*-*-*-*-*-*-*- Show Notes (0:47) Background Story on their Main Firefighting Product (4:42) — Corporate History and Everarc SPAC (7:57) — Aren't SPACs a red flag? Weird Compensation Agreement (13:03) — Business High Level Overview: Fire Safety and Specialty Products (18:45) — Adjusted EBITDA??? (20:30) — Figures and Margins (24:30) — Competitive Advantages of each Business Lines (40:17) — Growth Opportunities (53:22) — Capital Allocation and Transdigm Parallels (1:04:53) — ROIC (1:07:55) — Odd Compensation Arrangement (1:15:47) — Valuation (1:17:34) — You Should Know This -*-*-*-*-*-*-*-*-*-*- Become a Speedwell Member here to gain access to *all* of our in-depth research reports and more!   Sign up for Speedwell's free newsletter and weekly memos here *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discusessed. Furthermore, accounts contributors advise on may also have positions in companies discussed. At the time of recording contributors had a position in Perimeter Solutions. Furthermore, accounts contributors advise on also may have  a position in Perimeter Solutions. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

José M. García, CEO and Director of Silver X Mining (TSX.V:AGX – OTCQB:AGXPF), joins me to review the Q3 2024 financials and operations from the Tangana Mine at the Nueva Recuperada Project, located in central Peru.  We also look ahead to Q4 operations thus far, and the plans to expand the mill capacity to grow production, in tandem with exploration success raising the grade profile and factoring into an updated Resource Estimate in Q1.   We start off by having José outline some of the key takeaways from the Third Quarter 2024 financials and operations announced to the market on November 28th. He points out the mine performed well, despite having challenges and interrupting some production in September, and that the All-In Sustaining Costs were affected by capital invested into Tangana in Q3.   Revenues of $5.0 million (3Q24) vs. $2.1 million (3Q23), an increase of $2.9 million. Significant EBITDA improvement: Adjusted EBITDA of negative $0.1M (3Q24) vs. Adjusted EBITDA of negative $1.0M (3Q23). Cash costs of $21.5 per AgEq ounce produced and AISC of $26.2 per AgEq ounce produced, reflective of the sustaining capital expenditure invested in the development of the Tangana mining unit ($1.0 million adding $3.9 per AgEq ounce produced to the AISC). Cash cost per tonne was $100 in 3Q24 compared to $148 per tonne in 3Q23, a reduction of 32.3%.   Next we get into a discussion on the current plant capacity of 720 tpd, but that there is an initiative in place to get access to some healthy corporate debt to expand the plant and also build a second plant, which would allow for a large increase in throughput, which would bring costs down with better efficiencies.   José also points to the upcoming update to the Resource Estimate due out in Q1, where it will show increasing the deposit size and grade.  We also discuss all the exploration upside the Company has across its district scale land package, not just at the Tangana Mining Unit, but also at both the Plata Mining Unit and Red Silver Mining Unit.   If you have any questions for José regarding Silver X Mining, then please email me at Shad@kereport.com, and we'll get those addressed by management or covered in future interviews.   In full disclosure, Shad is a shareholder of Silver X Mining at the time of this recording.   Click here to follow the latest news from Silver X Mining

Wishpond Technologies CEO Ali Tajskandar and Chief Financial Officer Adrian Lim joined Steve Darling from Proactive to share news the company has announced its Q3-2024 interim financial results, showcasing its most profitable quarter since 2022. The company that it has achieved an Adjusted EBITDA of $0.6 million, a 79% increase compared to Q3-2023. This milestone underscores the company's strong financial performance and the effectiveness of recent cost optimizations and sales team restructuring efforts. Wishpond also reported an Adjusted EBITDA margin of 11% for the quarter, alongside positive cash flow from operations of $0.2 million. These results highlight the company's focus on maintaining profitability while delivering growth. Looking ahead, Wishpond plans to leverage its SalesCloser virtual sales agent to enhance internal sales processes, reduce hiring costs, and further improve profitability. Tajskandar noted that the integration of SalesCloser aligns with the company's 2025 strategy to emphasize profitable growth and continue building on its 2024 successes. “Q3-2024 marks a turning point for Wishpond,” said Tajskandar. “We've optimized operations and built a strong foundation for long-term success. SalesCloser will play a crucial role in driving new sales and ensuring sustained margin improvements.” With plans to expand its product portfolio and refine its operational efficiencies, Wishpond is positioned to capitalize on emerging opportunities and deliver value to its stakeholders in the year ahead. #proactiveinvestors #wishpondtechnologieslet #tsxv #wish #otcqx #wpndf #FinancialResults #AIInnovation #SalesCloserAI #Q3Results #Profitability #BusinessGrowth #TechSolutions #RevenueGrowth#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Delivra Health Brands CEO Gord Davey joined Steve Darling from Proactive to discuss the company's Q1 fiscal 2025 financial results, highlighting its continued focus on growing its portfolio of health-focused products, including Dream Water and LivRelief, which address sleeplessness, chronic pain, and anxiety. The company reported breakeven adjusted EBITDA of $16 for the quarter, compared to $683 in the same period last year. This was attributed to lower sales due to the timing of purchase orders but was offset by strategic investments in marketing initiatives aimed at expanding brand awareness and equity. Despite the temporary dip, Delivra Health reaffirmed its confidence in achieving year-over-year sales growth for fiscal 2025, driven by ongoing marketing campaigns. For the quarter ended September 30, 2024, Delivra Health achieved a gross profit of $1,598 with a gross margin of 51%, compared to $1,922 and 52% in the prior year. The decline in gross profit and margin was linked to reduced sales volume and higher online sales fees, reflecting the company's increased advertising and marketing investments. Davey emphasized that these investments are part of a long-term strategy to bolster sales and market presence, with the company on track to deliver growth in fiscal 2025 while maintaining its commitment to addressing common health challenges through its innovative product lines. #proactiveinveestors #delivrahealthbrandsinc #tsxv #dhb #otcqb #dhbuf #DreamWater #GlobalExpansion #UAE #MiddleEastMarket #SleepAid #HealthAndWellness #PharmacyProducts #RegulatoryCompliance #DubaiWarehouse #ProductLaunch #MarketGrowth #InternationalBusiness #HealthSupplements #LabelTranslation #Pharmaceuticals #ConsumerProducts #GlobalStrategy #HealthBrands #ExpansionNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Hive Digital Technologies Chief Financial Officer Darcy Daubaras joined Steve Darling from Proactive to share news the company generated $22.6 million in revenue for Q2 2024, primarily from digital currency mining and high-performance computing (HPC) hosting services. The HPC sector has been a growing focus for Hive, now at an annualized run rate of $9.0 million, enhancing the company's position in the HPC market. During the quarter, Hive successfully mined 340 Bitcoin, further bolstering its substantial digital asset holdings. As of September 30, the company held $165.2 million in digital assets, including 2,604 Bitcoin, aligning with its strategy to strengthen its HODL position. Using a Bitcoin price of $63,300 at quarter-end, Hive's reserves have doubled over the past year. The company reported an Adjusted EBITDA of $5.6 million, signaling strong operational management and financial performance. Hive's dedication to green energy use in digital currency mining also positions it favorably as global regulatory frameworks around digital assets become more supportive. Looking ahead, Hive aims to reach 2% of the global Bitcoin mining network by late 2025, reflecting its commitment to sustainable growth and leadership in the evolving digital asset industry. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #BitcoinMining #Cryptocurrency #GreenEnergy #ParaguayExpansion #Blockchain #SustainableMining #CryptoNews #RenewableEnergy #Bitcoin#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

VerticalScope President COO Chris Goodridge joined Steve Darling from Proactive to share the company's Q3 2024 financial results, highlighting notable growth and increased engagement. VerticalScope, a technology company operating a cloud-based platform for online communities, reported a 15% rise in revenue, reaching $17.8 million, attributed to a 22% increase in Digital Advertising. This uptick in advertising revenue stemmed from successful programmatic channel partnerships and a 21% boost in monthly active users (MAU), which hit a record 122 million for the platform. Goodridge noted that Adjusted EBITDA rose by 9% to $7.4 million, achieving a 42% margin. Additionally, free cash flow reached $6.4 million, a 7% improvement, driven by a high conversion rate of 86%. Earnings per share (EPS) grew to $0.06, marking an $0.08 improvement over the prior year. VerticalScope's success lies in its vast portfolio of over 1,200 online communities, which fosters genuine user engagement across high-consumer-spending categories. This authenticity, Laidlaw explained, attracts advertisers and continues to fuel the company's growth, as more users seek trusted insights from its interest-based communities. #proactiveinvestors #verticalscopeholdingsinc #tsx #fora #otcqx #vforf #DigitalAdvertising #ProgrammaticAds #CommunityPlatform #RevenueGrowth #ChrisGoodridge #ProactiveInvestors #InvestorUpdate #EnthusiastCommunities #DigitalMarketing #EBITDA #AudienceGrowth#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Curious about how much your business is actually worth?In this episode of The Blackletter Podcast, host Tom Dunlap is joined by valuation experts Sharon Eaton and Wright Lewis for an in-depth discussion on one of the most pressing questions for business owners: how much is your company worth? They break down the factors that influence valuation, such as industry norms, EBITDA, and the art and science behind determining the right multiple. The team explores the importance of networking capital, adjusted EBITDA, and the role of seller notes and earnouts in finalizing deals. Whether you're preparing your business for sale or just curious about how valuations work, this episode offers essential insights to guide you through the process.

Delivra Health Brands CEO Gord Davey joined Steve Darling from Proactive to share news shared updates with Proactive regarding the company's financial and operating results for the fiscal year ending June 30, 2024. Delivra Health, known for its Dream Water® and LivRelief™ brands, which address health concerns like sleeplessness, chronic pain, and anxiety, continues to show financial growth and stability. For the second consecutive year, the company achieved positive Adjusted EBITDA and positive cash flow. Total net revenue rose by 26%, driven by strong sales in the U.S. and Canada due to increased customer orders and consumer demand. The company's gross profit margin increased to 52%, with a gross profit margin improvement of 49%. Additionally, Adjusted EBITDA saw a 68% year-over-year increase, credited to better customer mix, enhanced profit margins, and streamlined administrative functions. Delivra Health remains committed to further growth as it continues to strengthen its market presence. #proactiveinveestors #delivrahealthbrandsinc #tsxv #dhb #otcqb #dhbuf #DreamWater #GlobalExpansion #UAE #MiddleEastMarket #SleepAid #HealthAndWellness #PharmacyProducts #RegulatoryCompliance #DubaiWarehouse #ProductLaunch #MarketGrowth #InternationalBusiness #HealthSupplements #LabelTranslation #Pharmaceuticals #ConsumerProducts #GlobalStrategy #HealthBrands #ExpansionNews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Made Tech CEO, Rory MacDonald and CFO, Neil Elton present the group's results for the year ended 31 May 2024, followed by Q&A. Rory MacDonald, CEO 00:16 - Introduction 01:04 - FY24 highlights Neil Elton, CFO 04:32 - FY24 financial highlights 06:13 - Diversification & client rentention 08:52 - Bookings & Revenue 09:43 - Adjusted EBITDA bridge 11:58 - Balance sheet 12:39 - Cashflow Rory MacDonald, CEO 13:47 - Operational highlights 16:02 - Clients & Industries 17:11 - Services 19:59 - Case studies 22:40 - Software products 26:03 - Case studies 28:32 - Outlook 29:44 - Q&A Made Tech is a provider of digital, data and technology services, which enable central government, healthcare, local government organisations and other regulated industries to digitally transform. Made Tech's purpose is to "positively impact the future of society by improving public services technology". To achieve this the company has four key strategic missions: Modernise legacy technology and working practices; Accelerate digital service and technology delivery; Drive better decisions through data and automation; and Enable technology and delivery skills to build better systems. The Group operates from four locations across the UK - London, Manchester, Bristol, and Swansea. More information is available at https://investors.madetech.com/

CT Automotive CEO, Simon Phillips and CFO, Anna Brown present the group's results for the half year ended 30 June 2024, followed by Q&A. Simon Phillips, CEO 00:16 - Introduction 00:34 - About CT Automotive Anna Brown, CFO 03:16 - HY24 Financial highlights Simon Phillips, CEO 05:18 - HY24 Operational highlights Anna Brown, CFO 07:06 - Income statement 09:13 - Revenue bridge 10:41 - Gross profit margin bridge 12:26 - Adjusted EBITDA bridge 13:47 - Balance sheet 14:42 - Net debt bridge 16:17 - ESG Simon Phillips, CEO 17:09 - Operational review 19:23 - Automation 20:31 - Outlook 22:00 - Q&A CT Automotive is engaged in the design, development and manufacture of bespoke automotive interior finishes (for example, dashboard panels and fascia finishes) and kinematic assemblies (for example, air registers, arm rests, deployable cup holders and storage systems), as well as their associated tooling, for the world's leading automotive original equipment suppliers ("OEMs") and global Tier One manufacturers. The Group is headquartered in the UK with a low cost manufacturing footprint. Key production facilities are located in Shenzhen and Ganzhou, China complemented by additional manufacturing facilities in Mexico, Türkiye and Czechia. CT Automotive's operating model enables it to pursue a price leadership strategy, supplying high quality parts to customers at a lower overall landed cost than competitors. This has helped the Group build a high-quality portfolio of OEM customers, both directly and via Tier One suppliers including Forvia and Marelli. End customers include volume manufacturers, such as Nissan, Ford, GM and Volkswagen Audi Group, and premium luxury car brands such as Bentley and Lamborghini. In addition, the Group supplies all our customer base with a range of products for PHEV and BEV platforms and supplies electric car manufacturers, including Rivian and a US based major EV OEM. The Group currently supplies component part types to over 57 different models for 22 OEMs. Since its formation, the Group has been one of the very few new entrants to the market, which is characterised by high barriers to entry.

James Anderson, CEO of Guanajuato Silver (TSX.V:GSVR – OTCQX:GSVRF), joins us to provide a comprehensive Q2 financial and operational update from their 4 producing silver-gold mines and 3 processing facilities in central Mexico, where the company saw record revenues.  We expand on some of the equipment and personnel changes the company has invested in to continue optimizing future production.  We also get into the dual focus of both production growth initiatives as well as lowering costs to generate larger revenues.   The Company produces silver and gold concentrates from the El Cubo Mine Complex, Valenciana Mines Complex, and the San Ignacio mine; all three mines are located within the state of Guanajuato, which has an established 480-year mining history. In addition, the Company produces silver, gold, lead, and zinc concentrates from the Topia mine in northwestern Durango. The operations team is also augmenting material at the Cata processing facility in Guanajuato with ore from both the historic Horcon Mine project, located in the state of Jalisco, and from stockpiles at the Pinguico mine. This effectively means they are seeing production from 6 of their mines, even though only the 4 primary mines have active ongoing underground mining.      Q2 2024 (Three Month Period) Highlights:   Record revenue for the quarter of $20.5M representing a 16% increase over the previous quarter, and a 22% increaseover Q2 2023. Consolidated revenue for the quarter was generated by a realized average price of $28.78 per silver ounce, $2,334 per gold ounce, $0.98 per pound of lead, and $1.29 per pound of zinc. Positive mine operating income of $947,433. During the quarter, the Company posted its first ever positive income from mining operations. Positive EBITDA* of $2,007,907 represents the first positive EBITDA* reported by the Company and demonstrates improving cash flow from mining operations. EBITDA showed a notable $6.5M improvement from the previous quarter. Adjusted EBITDA* was also positive at $1,916,933 for the quarter. Production for the quarter of 823,679 silver-equivalent ounces ("AgEq") derived from 398,685 ounces of silver, 4,255 ounces of gold, 806,295 pounds of lead and 1,067,538 pounds of zinc. (See note to table below for details regarding the Company's AgEq calculations). Guanajuato Silver remains a primary silver and gold producer with over 90% of revenues being derived from the sale of precious metals. All lead and zinc production comes exclusively from the Company's Topia mine located in northwest Durango.   At the Topia Mine, the commissioning of a new filter system for silver-gold-lead concentrates has been successfully completed. This new filter system is one of two that will be installed at the mine site; the second concentrator will be for silver-zinc concentrate production. At the San Ignacio Mine, located approximately 20km from the Company's Cata Processing facility, a new ore sorter, which arrived on site in July, is rapidly approaching the commissioning phase. The NUCTECH MC2000NF Intelligent Mineral Sorting System provides high-tech sorting accuracy, large processing capacity, environmental friendliness, and high reliability through a system that utilizes X-ray and structured light imaging technology to intelligently identify and then separate high-grade silver and gold material. The ore sorter is expected to improve overall efficiencies at San Ignacio, raising the grade of transported material to the Cata mill. The San Ignacio mine accounted for approximately 15% of total silver-equivalent production during Q2, 2024.   We reviewed that in Q1 that there was a fair bit of material processed at their El Cubo mill from 3rd party sources, and while there was a pause on those contracts in Q2 and Q3, that they are encouraged about adding in more contracted 3rd-party material into the mill later in the year and moving forward, but don't have a definitive start date at this time.   Wrapping up, James discusses how important to the growth initiatives that the addition of Carlos Silva, as the new Chief Operating Officer in 2024 has been, and mentions that the company is still considering other bolt on operations or stockpiles in the greater Guanajuato area of Mexico to process at their facilities.  He also points out that in addition to investing in growth that the Company is making significant strides in paying down outstanding debt, and that they will continue to do so in the quarters to come.   If you have any follow up questions for James on Guanajuato Silver, then please email me at Shad@kereport.com and we'll get those addressed by management or in future interviews.   * In full disclosure, Shad has a position in Guanajuato Silver at the time of this recording.   Click here to visit the Guanajuato Silver website to read over the recent news releases we discussed.

Wishpond CEO Ali Tajskandar and Chief Financial Officer Adrian Lim joined Steve Darling from Proactive to share exciting news about the company's financial performance in the second quarter of 2024. Wishpond achieved its highest-ever Adjusted EBITDA for a second quarter, reflecting a remarkable 151% improvement compared to the same period last year. The company reported a positive Adjusted EBITDA of $541,610, up from $215,926 in Q2 2023, representing a significant increase and an Adjusted EBITDA margin of 9%. In addition to this financial success, Wishpond's quarterly revenue reached $5,828,709 in Q2 2024, marking a 3% increase from the $5,639,417 generated during the same period in 2023. This growth was primarily driven by organic expansion, fueled by stronger product demand and the introduction of new products. Tajskandar expressed confidence in the company's future, anticipating record revenue and Adjusted EBITDA for the full year of 2024. This optimism is based on the growing traction of Wishpond's new Propel IQ bundled product and fresh sales generated by the recently launched SalesCloser AI virtual agent. The company continues to see robust demand for its offerings and maintains an active pipeline of sales opportunities. #proactiveinvestors #wishpondtechnologieslet #tsxv #wish #otcqx #wpndf #BusinessGrowth #PropelIQ #SalesCloserAI #EBITDA #RevenueGrowth #MarketingTechnology #CFO #CEO #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Arturo Prestamo, Executive Chairman and CEO of Santacruz Silver Mining, provided an in-depth update on the company's financial and operational performance during the second quarter of 2024. Speaking with Steve Darling from Proactive, Prestamo highlighted the company's solid financial results, which were driven by strong production and revenue figures. Santacruz Silver Mining reported $70 million in revenue for Q2 2024, contributing to a total of $123 million in revenue for the first half of the year. The company also achieved nearly $16 million in gross profit during the quarter, underscoring the robust operational performance of its mining activities. However, Prestamo noted that the company's net income was affected by a non-cash charge of $6.9 million in the quarter. This charge was related to fair value changes on the contingent value rights, a financial instrument that was impacted by the rise in zinc prices from March to June. Despite this, the company maintained strong financial metrics, including an Adjusted EBITDA of $8.9 million for Q2 2024 and $8.6 million for the first half of the year. On the production side, Santacruz Silver Mining processed a total of 500,755 tonnes of material during the second quarter, contributing to a total of 971,504 tonnes processed in the first half of 2024. This led to the production of 4.8 million silver equivalent ounces in Q2, with a total of 9.3 million silver equivalent ounces produced in the first half of the year. Prestamo emphasized the company's commitment to maintaining strong operational performance while navigating the challenges posed by market fluctuations, such as the changes in zinc prices. Santacruz Silver Mining remains focused on optimizing its production processes and financial management to continue delivering value to its shareholders. As the company looks ahead to the remainder of 2024, it is poised to build on its successes from the first half of the year, with a continued focus on maximizing production efficiency and financial performance. #proactiveinvestors #santacruzsilverminingltd #tsxv #scz #mining #MiningIndustry #Q2Results #ArturoPréstamo #SilverAndZinc #CommodityPrices #ProactiveInvestors #MiningNews #Glencore #FinancialGrowth #MexicoMining#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

In diesem Podcast erwarten euch neben aktuellen Nachrichten auch regelmäßige Deep-Dives zu Aktien aus dem Nano-, Micro- und Small-Cap-Bereich. Dabei werden wir auch regelmäßig interessante Gäste aus diesem Bereich einladen und in "Break the Thesis" kritische Fragen stellen.Unser Ziel ist es, alle relevanten Informationen zur Verfügung zu stellen, damit sich jeder ein eigenes Bild machen kann.Thema: #22 - Ideengenerierung und Bewertung mit Paul und Updates zu Innovative Food Holdings ($IVFH)Wir setzen den Updatemarathon fort und diskutieren mit euch über die neuesten Quartalszahlen von Innovative Food Holdings ($IVFH). Außerdem haben wir heute einen ganz besonderen Gast: Paul von Investmentideen, der uns etwas über sein Microcap-Investing-Framework erzählen wird. Dazu gehört wie man überhaupt zu einer Aktie kommt und diese entsprechend bewertet. Gast: Paul (auf X)Ein großes Dankeschön gilt auch unserer Community für die Unterstützung![00:00] Intro + Vorstellung Gast[05:38] Wie bewertet Paul eine neu gefundene Aktie[18:33] Circle of Competence[24:43] Adjusted EBITDA als wichtige Kennzahl[30:33] Wann ist eine Aktie "billig"[40:45] Value-Traps[46:10] Was ist ein Faires Multiple?[01:04:02] Wie finde ich einen eigenen Case?[01:14:13] Konkretes Beispiel: Kinovo PLC ($KINO.L)[01:23:34] Long-Term oder Special Situations01:25:34] Innovative Food Holdings Update ($IVFH)[01:52:10] Community Feedback[02:10:49] Disclaimer⚠️ Disclaimer: Dieser Podcast ist ausschließlich zu Informations- und Unterhaltungszwecken gedachtund stellt weder eine Anlageberatung noch eine Aufforderung zum Kauf/Verkauf von Aktien dar.Weitere ausführliche Informationen hierzu unter: https://www.hiddenreturns.eu/about

Hive Digital Technologies Executive Chairman Fran Holmes joined Steve Darling from Proactive to discuss the company's results for the first quarter ended June 30, 2024. The company reported $29.6 million in revenue from digital currency mining, which included mining rewards of 449 Bitcoin. Additionally, Hive earned $2.6 million from its high-performance computing hosting operations, resulting in a gross operating margin of $11.4 million, or a 35% operating margin. The company's SG&A expenses for the quarter were $3.4 million, leading to a positive corporate margin on a cash basis of $8.0 million. Hive achieved an Adjusted EBITDA of $14.9 million for the quarter and net income of $4.2 million before tax. Holmes highlighted that Hive increased its Bitcoin mining ASIC hashrate by 4% during the quarter, growing from 4.7 Exahash in March 2024 to 4.9 Exahash in June 2024. As of June 30, 2024, Hive had 2,496 Bitcoin on its balance sheet, valued at $153.9 million, with all Bitcoin being unencumbered, unleveraged, and mined through the company's green energy-focused operations. The company's production of 449 Bitcoin this quarter was lower than the 658 Bitcoin produced in the prior quarter ended March 31, 2024, primarily due to the Bitcoin Halving on April 20, 2024. The Halving reduced block rewards from 6.25 Bitcoin to 3.125 Bitcoin, but Hive had prepared for this event by upgrading its ASIC miners, contributing to the positive results for the quarter. Additionally, Hive has identified 30 MW of capacity in its existing Bitcoin mining facilities, which it plans to convert to Tier 3 infrastructure for GPU operation. This conversion is expected to yield 20 MW of Tier 3 compute, with upgrades potentially being completed within 6-9 months from the start of construction. The necessary power distribution and internet redundancy are already in place. #proactiveinvestors #hivedigitaltechnologieslet #tsxv #hive #nasdaq #hive #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

MACRO & MICRO - WEDNESDAY 31ST JULY 2024 A daily podcast covering UK Macro & Micro News To receive my weekly tips visit www.sharepickers.com/tips MACRO NEWS "I think we will have to increase taxes in the Budget," Rachel Reeves told the News Agents podcast. She was responding to a question about raising money following her claim on Monday that the previous government left a £22bn "hole" in the public finances. Labour said repeatedly during the election campaign there would be no tax rises on "working people", but the Conservatives had insisted Labour would increase them. Ms Reeves reiterated that the government would not raise VAT, national insurance or income tax, as promised in Labour's manifesto, but she did not rule out increasing inheritance tax, capital gains tax or pension reform. £9BN OF THAT £22BN WAS THE WAGE INCREASES SHE AWARDED TO PUBLIC SECTOR WORKERS! In the last financial year, to March 2024, the government borrowed £122.1bn.  The most recent monthly figures show that borrowing was £14.5bn in June , £3.2bn less than in the same month last year.  The national debt is currently about £2.7 trillion. Business confidence rebounded sharply in July, a survey revealed, as firms felt a renewed sense of optimism about the UK's economic prospects. Overall business confidence jumped by nine points to 50 per cent this month, according to Lloyds' Business Barometer. The rebound in confidence during July brought business confidence back up to May's level, which was the highest level since before the Brexit referendum. Firms reported a much stronger outlook for their trading prospects, with 62% of businesses reporting stronger activity, up from 53 per cent in June. Wider economic optimism, meanwhile, rebounded with 62% of respondents feeling more confident about the economy's prospects. This was up from 55%. The government is set to significantly raise the budget for this year's renewable energy auction, following calls from industry for more support. Energy Secretary Ed Miliband will announce today that the budget will be increased to £1.5bn, up by £500m from last year. The majority of the funding will be available to develop offshore wind power, which the Labour government says it wants to quadruple by 2030. INTEREST RATE DECISION TOMORROW AT MIDDAY The forecast is for a 25 basis point reduction bringing interest rates from 5.25% to 5%. MICRO NEWS COLEFAX GROUP #CFX, an international designer and distributor of furnishing fabrics & wallpapers and owns a leading interior decorating business.  £52M Preliminary Results for the year ended 30 April 2024 Sales increased by 2% to £107m (2023 - £105m) and by 4.8% on a constant currency basis Pre-tax profit decreased by 10% to £7.7m (2023 - £8.5m) - mainly due to higher Fabric Division operating costs and a weaker US Dollar exchange rate Share buyback returned £7.2m of surplus capital to shareholders in September 2023 Cash at 30 April 2024 of £17.8m (2023 - £19.8m) Board is proposing a final dividend of 2.9p (2023 2.8p) making a total for the year of 5.6p (2023 - 5.4p) Fadel Partners, Inc #FADL, the developer of cloud-based brand compliance and rights and royalty management software, provides a trading update for the six months ended 30 June 2024 (1H24). £27M  Half Year Trading Update 1H 24 Financial Highlights Total revenue of $5.3M (1H23: $5.4M). Recurring revenue declined 21% to $3.4m (1H23: $4.3m) Adjusted EBITDA loss increased in 1H FY24 to $3.6M (1H FY23: 2.0M) Cash and cash equivalents stood at $1.9m as of 30 June 2024. Inspiration Healthcare Group #IHC, the global medical technology company, pioneering, specialist neonatal intensive care medical devices, announces its audited results for the year ended 31 January 2024  MCAP = £24m Financial Highlights Group revenue of £37.6m (FY2023: £41.2m) Loss before tax of £5.7m they say £4.5m is non-recurring Net debt increased to £6.0m (FY2023: £3.8m) Light Science Technologies Holdings #LST, comprising three divisions: controlled environment agriculture; contract electronics manufacturing ("CEM") and passive fire protection, announces its unaudited interim results for the six months ended 31 May 2024. MCAP = £9M Financial Highlights Revenue of £5.2m for the Period, up 19.3% (H1 2023: £4.4m) Gross margins increased to 26.6%, a rise of 27.3% (H1 2023: 20.9%) Loss before tax reduced by 58.4% to £0.3m (H1 2023: £0.8m) Agreed new terms with Close Brothers for £850,000 Group debt facility which will enable further growth capabilities Group cash at 31 May 2024 was £1.05m with additional undrawn funds availability of approximately £0.5m under debt facilities with Close Brothers.     Narf Industries #NARF, the cybersecurity group specialising in high-end threat intelligence and critical infrastructure security, announce that its Audited Financial Results for the 15-month period ended 31 March 2024    £18M OVERVIEW Increased total revenue 200% to $7.6 million LBT $1.4M Extended line of credit with the CEO to 31 July 2025 and increased facility from $2 million to $2.5 million They do say they will probably need to raise funds either via joint venture or via equity fundraise. To receive my weekly tips visit www.sharepickers.com/tips PLEASE DO YOUR OWN RESEARCH. NOTHING I WRITE IN THE BLOG SHOULD BE CONSIDERED AS INVESTMENT ADVICE OR AN ENDORSEMENT OF THE COMPANIES MENTIONED. I PERSONALLY HOLD A POSITION IN THIS COMPANY BUT I HAVE A DIVERSIFIED PORTFOLIO AND A STRATEGY THAT MANAGES MY RISK. ANY COMMENTARY SHOULD BE CONSIDERED SUBJECTIVE. THIS SHOULD BE THE STARTING POINT OF YOUR RESEARCH, NOT THE BE-ALL AND END-ALL.

Hive Digital Technologies CEO Aydin Kilic joined Steve Darling from Proactive to discuss the company's robust financial results for the full year ended March 31, 2024. The company reported impressive revenue from digital currency mining, totaling $111 million for the fiscal year. This revenue, combined with the company's high-performance computing (HPC) operations, resulted in a gross operating margin of $40.3 million, representing a 36% operating margin. The company's selling, general, and administrative (SG&A) expenses for the fiscal year were $13.2 million, leading to a positive corporate margin on a cash basis of $23.7 million. Hive achieved an Adjusted EBITDA of $37.5 million for the fiscal year. Kilic highlighted that Hive significantly expanded its Bitcoin mining operations, growing its ASIC hashrate by 57% over the fiscal year, from 3.0 Exahash in March 2023 to 4.7 Exahash in March 2024. During this period, the company mined 3,123 Bitcoins, including digital assets mined from GPUs. As of March 31, 2024, Hive held 2,287 Bitcoins on its balance sheet, valued at approximately $161.3 million. These Bitcoins are unencumbered, unleveraged, and were all mined through Hive's green energy-focused operations. These results reflect Hive Digital Technologies' strategic growth and efficient operations, positioning the company for continued success in the digital currency mining industry while maintaining a strong focus on sustainability. #proactiveinvestors #hivedigitaltechnologies #tsxv #hive #nasdaq #hive #bitcoin #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Wishpond Technologies CEO Ali Tajskandar and CFO David Pais joined Steve Darling from Proactive to announce the company's consolidated financial statements for Q1 2024, representing the three months ended March 31, 2024. Wishpond achieved quarterly revenue of $6,050,263 in Q1 2024, an 8% increase from $5,623,817 in the same period of 2023. This revenue growth was primarily driven by organic growth, increased sales and marketing activities, and new product introductions. The company reported a gross profit of $4,128,922 in Q1 2024, a 12% increase from Q1 2023. Wishpond's gross margin percentage for Q1 2024 was 68%. The company achieved positive Adjusted EBITDA of $290,304 in Q1 2024, a 39% increase from Q1 2023. Wishpond has over $2 million in cash on hand, with the reduction in net cash due to earnout payments for businesses acquired in 2022, investments in the business, and changes in working capital. The company also announced the beta launch of its proprietary AI-powered sales platform, SalesCloser AI. The beta program has already seen several hundred businesses sign up. The platform can work 24/7 to engage leads, close deals, and service customers in ten different languages. SalesCloser can be adapted for use across various industries, including software/SaaS, professional services, financial services, education, travel and hospitality, insurance, and more. Wishpond expects to achieve record revenue and Adjusted EBITDA in 2024, driven by the increasing traction of its new Propel IQ bundled product, an expanded sales team, and new sales from the recently launched SalesCloser AI virtual agent. The company continues to have an active pipeline of sales opportunities and robust demand for its products. #proactiveinvestors #wishpondltd #tsxv #wish #otcqx #wpndf #Q12024Results #RevenueGrowth #SalesCloser #PropellerIQ #EBITDA #FinancialResults #TechCompany #CostManagement #BusinessGrowth #InboundInterest #ProductDevelopment #Seasonality #RevenueDriver #AdjustedEBIT #FinancialPerformance #TechInnovation #MarketExpansion #CashFlow #CustomerRetention #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

This report contains an analysis of the latest financial reporting from BJ's Wholesale Club - BJ. The earnings report is for the first quarter of 2024, and the report was shared on an earnings call on May 23, 2024.Company Report & OutlookComp Sales Reporting in Q1 2024 Earnings CallDuring BJ's Wholesale Club's Q1 2024 earnings call, the company reported the following regarding comparable (comp) sales:Comp Sales Growth:* Comparable club sales, excluding gas sales, grew by 0.6% in the first quarter. This performance was noted as particularly significant given the tough comparison to last year's high inflation dynamics.Traffic Contribution:* Strong traffic was a major driver, contributing 3 percentage points to the comp sales in the quarter, maintaining a trend similar to the fourth quarter of the previous year.Inflation and Unit Volume:* Inflation was about flat during the quarter.* There was growth in unit volumes, especially in the perishables, grocery, and sundries divisions.Performance in Perishables, Grocery, and Sundries:* The perishables, grocery, and sundries division experienced comp growth of over 1%.* The strongest growth within this division was in perishables, particularly in unit volumes, led by categories such as fresh produce and dairy.General Merchandise:* The general merchandise segment delivered a slightly negative comp in Q1.* Weather-sensitive categories had a significant impact, with about a 10-point variance in performance across markets with different weather conditions.* Despite these challenges, specific categories like consumer electronics, apparel, and home textiles showed positive comp growth. Home categories, including home textiles, experienced nearly 7% comp growth, turning positive for the first time in a while.Overall, BJ's Wholesale Club highlighted continued momentum and strong comp sales growth, supported by robust traffic, unit growth, and strategic initiatives despite a challenging retail environment.AnalysisCurrent State of BJ's Wholesale ClubMembership and Market Share Growth:* Membership Fees: The company saw robust growth in membership fees by 8.6% year-over-year.* Market Share: Continued growth in market share, particularly in perishables, grocery, and sundries.* Renewal Rate: Exceptionally strong at 90%.* New Memberships: Growth was driven significantly by digital platforms.Sales and Traffic:* Comp Sales: Comparable club sales excluding gas grew by 0.6% in Q1 despite difficult comparisons due to last year's inflation.* Traffic and Unit Growth: Strong traffic trends contributed positively to sales, with a noted increase in unit growth particularly in perishables like fresh produce and dairy.* General Merchandise: Faced challenges due to weather-sensitive categories but reported positive comps in consumer electronics and apparel, with a notable 7% growth in home categories.Digital Engagement:* Digitally Enabled Sales: Continued double-digit growth in digital sales, with a 21% year-over-year increase in digitally enabled comp sales.* Convenience Initiatives: Enhanced digital capabilities like buy online, curbside pickup, and inventory management improvements to further assist shopping convenience.Gasoline Business:* Traffic Driver: Gas promotions and value offerings drove traffic, leading to a 6% growth in comp gallons sold, outpacing the down-trending broader U.S. market.* Profit Margins: Faced margin headwinds in Q1 due to rising costs, but expected to recover in Q2.Financial Performance:* Gross Margins and SG&A: Merchandise gross margin rate slightly decreased. SG&A increased year-over-year due to new openings and strategic investments.* Overall Financial Health: Ended the first quarter with strong inventory management, balancing new unit growth and strategic investments.Future OutlookStrategic Priorities:* Member Loyalty: Focus on increasing the quality and quantity of memberships, with an emphasis on high-spending, high-loyalty segments.* Shopping Experience: Continuous improvement through initiatives like Fresh 2.0 to enhance the quality and selection of fresh produce.* Digital and Convenience: Further development of digital tools to streamline shopping and increase member satisfaction.* Footprint Growth: Aggressive expansion with 11 new clubs expected in H2 of fiscal 2024 in both new and existing markets.Growth Projections:* Comp Sales Guidance: Expect comp sales growth to range between 1%-2% for fiscal 2024 with improved performance in the back half of the year.* Gross Margin Expansion: Anticipates a 20 basis point improvement in merchandise gross margin rate for the year driven by cost management and own-brand growth.* Membership Fee Income: Although Q1 showed high growth, the company expects a moderate but steady increase throughout the year.Industry and Economic Context:* Consumer Sentiment: Acknowledgement of consumer discretion in spending and a focus on high value and essential items.* Competitive Landscape: Awareness of competitive pricing actions but confidence in BJ's intrinsic value proposition and strategic promotional efforts.GuidanceThe leadership team at BJ's Wholesale Club provided the following specific guidance for investors regarding their business:* Comparable Sales: They expect fiscal 2024 comparable sales, excluding gas, to range from 1% to 2%. They anticipate an improving performance as the year progresses, with a particularly strong performance expected in the back half of the year.* Inflation: They are assuming a slightly inflationary year, with a robust consumable business led by traffic, units, and market share.* Membership Fee Income: The company noted that the year-over-year membership fee income increase of 8.6% in the first quarter will probably be the highest growth rate for the year. However, they anticipate it will continue to grow but at a more moderate rate.* Merchandise Gross Margin: They forecast an improvement in the merchandise gross margin rate by approximately 20 basis points for fiscal 2024, driven by strong cost management and continued growth in their own brands.* SG&A: Continued SG&A deleverage is expected as they invest in growth initiatives, particularly in unit growth as new club sales ramp up over a multi-year period. They are also lapping variable compensation tailwinds from fiscal 2023.* Tax Rate: They are planning for an effective tax rate of approximately 28% for the remaining three quarters of the fiscal year.* EPS Guidance: The company continues to expect to deliver adjusted earnings per share (EPS) in the range of $3.75 to $4.00.* Expansion: BJ's plans to open 11 more clubs in the back half of the fiscal year 2024 in both new markets like Louisville, Knoxville, Southern Pines, and Myrtle Beach, as well as existing markets like New York metro and Florida. They also mentioned ongoing investments into their existing footprint with upgrades and remodels.* Gasoline Business: While the first quarter faced margin headwinds due to rising costs, they expect the gasoline business to recover somewhat in the second quarter. They remain confident in the overall profitability and growth potential of this segment on an annual basis.This guidance provided the investors with a clear outlook on how BJ's Wholesale Club expects to perform financially in the coming months and outlined the strategic initiatives they are pursuing to ensure continued growth and return on investment.Change Since Last QuarterComparative Analysis of BJ's Wholesale Club Earnings ReportsThe recent earnings report shows continued growth in membership, digital sales, and market share, with a particular emphasis on digital engagement and convenience improvements. Challenges in general merchandise and gasoline margins were noted, but the outlook remains positive with strategic expansions and new club openings. The previous report emphasized membership growth and long-term value, with concerns about disinflation affecting perishables. Both reports highlight investments in digital capabilities and a steady focus on member loyalty and expanding the company's footprint.Analyst ResponseAnalysisKey Topics from Analysts' Questions* Membership Fee Income (MFI) Growth:* Analyst: Peter Benedict (Baird)* Topic: Why MFI growth is expected to step down after Q1 and whether BJ's leadership is considering increasing membership fees given the strong performance.* Inventory and Merchandising Margins:* Analyst: Peter Benedict (Baird)* Topic: Efforts in getting inventory in line, its progress, and expectations for merchandising margins through the year.* Promotional Environment and Pricing Actions:* Analyst: Kate McShane (Goldman Sachs)* Topic: Current promotional environment and how BJ's is addressing competitive pricing actions to maintain their competitive price gap.* Discrepancy between MFI Growth and Club Growth:* Analyst: Simeon Gutman (Morgan Stanley)* Topic: Drivers behind the high MFI growth and its sustainability, especially with new club openings throughout the year.* New vs. Existing Member Spending:* Analyst: Simeon Gutman (Morgan Stanley)* Topic: Comparison of spending habits across different product categories between new and existing members.* New Market Clubs Performance:* Analyst: Robby Ohmes (Bank of America)* Topic: Performance of new market clubs versus expectations and reasons behind any observed differences.* Fresh 2.0 and Coolers Initiative:* Analyst: Robby Ohmes (Bank of America)* Topic: Details about the Fresh 2.0 initiative and the impact of placing coolers at the front of clubs.* General Merchandise and Seasonal Categories:* Analyst: Chuck Grom (Gordon Haskett)* Topic: Dynamics within the general merchandise segment and the impact of seasonal categories, including services and ancillary products.* Gross Margin Expansion Drivers:* Analyst: Chuck Grom (Gordon Haskett)* Topic: Future drivers of gross margin expansion including inventory management, SKU rationalization, and own brand efforts.* Gasoline Segment Profits:* Analyst: Greg Melich (Evercore ISI)* Topic: Decline in gas profit margins and expectations for improvement.* Impact of Credit Card Transition:* Analyst: Greg Melich (Evercore ISI)* Topic: Effects of last year's credit card transition on current margins, overall sales, and SG&A.* Monthly Sales Trends:* Analyst: Michael Baker (D.A. Davidson)* Topic: Monthly sales trends within the quarter and their relationship to comp expectations throughout the year.* Income Cohort Performance:* Analyst: Edward Kelly (Wells Fargo)* Topic: Performance of different income cohorts, especially the improvement in spending among lower-income members.* Unit Improvement and Own Brands:* Analyst: Chuck Cerankosky (Northcoast Research)* Topic: Unit sales improvement indicating overall club performance and impact of own brand sales on comps and margins.Key ThemesHere are the key terms and phrases used by the BJ's Wholesale Club executives in the earnings call:* Membership fee income (MFI) - This refers to the revenue BJ's earns from membership fees, which is a key driver of their business.* Comparable club sales/comps - This measures the sales growth at stores open for at least 13 months, excluding the impact of gas sales.* Perishables, grocery and sundries - This is a key division of BJ's business focused on food and everyday household items.* General merchandise - This refers to the non-grocery/household items like electronics, apparel, home goods etc.* Fresh 2.0 initiative - This is a program to improve the quality, selection and presentation of BJ's produce offerings.* Own brands (Wellsley Farms, Berkley Jensen) - BJ's private label brands which they are focused on growing as they offer higher margins.* Digitally-enabled sales - Sales driven through online/app ordering and services like curbside pickup.* Merchandise gross margin - The profitability on the merchandise BJ's sells, excluding the gas business.* Strategic priorities - The four key focus areas for BJ's: member loyalty, unbeatable shopping experience, value convenience, and footprint growth.The executives highlighted the company's strong membership growth, gains in market share, improvements in merchandising, and continued investment in digital capabilities as key drivers of their business performance.Financial Reporting Summary* Net Sales: Approximately $4.8 billion, growing 4% over the prior year.* Comparable Club Sales: Up 1.6% year-over-year, led by gallons sold.* Merchandise Comp Sales (excluding gas sales): Increased by 0.6% year-over-year and by 6.3% on a two-year stack.* Digital Sales: Digitally enabled comp sales for the first quarter grew 21% year-over-year and 40% on a two-year stack.* Membership Fee Income (MFI): Grew 8.6% to approximately $111.4 million.* Gross Margins:* Merchandise gross margin rate (excluding gasoline) decreased by approximately 50 basis points year-over-year.* Expected merchandise gross margin rate improvement of approximately 20 basis points for fiscal 2024.* SG&A Expenses: Approximately $721.8 million, with a year-over-year increase attributed to new unit growth and other investments.* Adjusted EBITDA: $236.4 million for the first quarter.* Effective Tax Rate: 24.4% for the quarter.* Adjusted Earnings Per Share (EPS): $0.85, flat year-over-year.* Inventory: Ended the first quarter with inventory about flat year-over-year.* Net Leverage: Ended the first quarter with 0.6 turns of net leverage.* Share Repurchases: 405,000 shares for $30.2 million, with $159 million remaining under the current authorization.* Guidance for Fiscal Year 2024:* Comp sales, excluding gas, expected to range from 1% to 2%.* Merchandise gross margin rate expected to improve by approximately 20 basis points.* Effective tax rate of approximately 28% for the remaining three quarters of the fiscal year.* Adjusted EPS expected in the $3.75 to $4 range. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit theearningscall.substack.com

ISC CEO Shawn Peters joined Steve Darling from Proactive to discuss the company's impressive financial performance in the first quarter of 2024, coinciding with the launch of its ambitious five-year growth plan. The company recorded a revenue of $56.4 million, marking a 15 percent increase compared to the first quarter of 2023. This growth is attributed to fee adjustments within the Saskatchewan Registries division implemented in the third quarter of 2023, as well as consistent customer and transaction growth in the Services' Regulatory Solutions division and the advancement of project work on both existing and new solutions in the Technology Solutions division. Peters also highlighted that the Adjusted EBITDA for the quarter rose to $19.4 million, up from $14.5 million in the same period last year. This increase was primarily driven by the aforementioned fee adjustments in the Registry Operations' Saskatchewan Registries division, in line with the Extension Agreement and annual CPI adjustments. Additionally, the Technology Solutions division saw an increase in its Adjusted EBITDA, which grew due to increased revenue from ongoing and new solution definition and implementation contracts. The Adjusted EBITDA margin significantly improved to 34.5 percent, up from 29.5 percent in the first quarter of 2023, reflecting the positive impact of the pricing strategies implemented. #proactiveinvestors #iformationservicescorporation #tsx #isc #GrowthStrategy #RevenueGrowth #BusinessExpansion #OrganicGrowth #CEOInterview #BusinessUpdate #InvestorNews #FinancialResults #ContractExtension #Saskatchewan #Ontario #PropertyTaxAnalysis #StableGrowth #ServicesSegment #RegistryBusiness #CorporateStrategy #LongTermVision #BusinessPerformance #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Delivra Health Brands CEO Gord Davey joined Steve Darling from Proactive to announce the financial and operating results for the three and nine months ended March 31, 2024. The company reported a total net revenue from continued operations of $8,792, reflecting a 36% increase compared to the same period last year, driven by higher sales of Dream Water in the US and Canada, along with increased sales of LivRelief. Additionally, Davey told Proactive, Delivra saw a healthy rise in its gross profit margin, reaching 52%, up from 44% in the same period last year. This improvement contributed to positive Adjusted EBITDA, attributed to management's focus on customer mix, gross profit margin enhancement, and efficient administrative and selling support functions. #proactiveinveestors #delivrahealthbrandsinc #tsxv #dhb #otcqb #dhbuf #Q3Earnings, #FinancialSuccess, #GordDavey, #EBITDA, #RevenueGrowth, #ProductLaunch, #Canada, #USMarket, #Innovation, #HealthBrands, #SleepGummies, #ImmunityBoost, #TravelRetail, #AirportSales, #MiddleEastExpansion, #Kuwait, #Jordan, #SaudiArabia, #HealthcareIndustry, #NewProducts#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Diversified Energy Company CEO Rusty Hutson Jr. joined Steve Darling from Proactive to announce that the company is on track with its expectations and is witnessing tangible outcomes. In the first quarter of 2024, the company recorded an average production of 723 MMcfepd, with an exit rate of 742 MMcfepd. Additionally, Diversified Energy achieved 1Q24 Adjusted EBITDA of $102 million and Free Cash Flow of $74 million. Notably, the company realized a 48% Adjusted EBITDA Margin and a TTM Free Cash Flow Yield of 31%. The prudent hedging program also yielded $22 million in gains on settled derivatives, contributing to a 28% uplift to Adjusted EBITDA. Hutson expressed satisfaction with the solid operational and financial results, attributing them to the company's strategic focus on cost reduction opportunities. This focus translated into a notable 7% sequential quarterly operating cost improvement. Moreover, he announced the commencement of operations at the Black Bear processing facility, marking a strategic milestone for the company. This achievement underscores Diversified Energy's ability to leverage its in-house expertise to unlock value and generate meaningful cash flow. The Black Bear facility, integrated with the company's natural gas production, is expected to contribute approximately $9 million in additional margin creation annually. Furthermore, it offers potential upside through the processing of third-party gas and accretive bolt-on acquisitions in the Cotton Valley and Haynesville region. #proactiveinvestors #diversifiedenergycompanyplc #lse #dec #nyse #dec #oil #gas #EnergyCompany, #RustyHutson, #BlackBearFacility, #GasProduction, #FreeCashFlow, #EconomicGrowth, #OperationalEfficiency, #USMarket, #Russell2000, #EnergySector, #BusinessStrategy, #FinancialPerformance, #Investment, #StockMarket, #CorporateGrowth, #NaturalGas, #EnergyProduction, #MergersAndAcquisitions, #ShareholderValue #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proactive to announce the company's financial results for the fiscal year and fourth quarter ended December 31, 2023. Nakhla began by highlighting the company's revenue growth, with total revenue reaching $19.39 million, marking an 8.8% increase compared to the previous fiscal year. This growth was attributed to various factors, including an expansion in software and service fees driven by an increased number of properties on the Tribe platform, higher financial services revenue associated with banking partnerships, software licensing fees, and the acquisition of Meritus. Additionally, Nakhla noted a significant improvement in gross profit, which amounted to $6.63 million for fiscal 2023 compared to $5.75 million in the previous year. This increase in gross profit and gross profit percentage was attributed to the addition of service contracts through organic growth, acquisitions, and restructuring efforts. Adjusted EBITDA for fiscal 2023 showed improvement as well, with an outflow of $6.56 million, representing a 19.8% improvement compared to the previous fiscal year. This improvement was driven by increased revenue and cost-cutting initiatives. Looking ahead to 2024, Nakhla expressed optimism about the company's prospects for improved revenue growth, profitability, and expanding margins. Tribe aims to achieve this through various strategies, including increasing monthly recurring revenue by securing new property management agreements, onboarding more communities onto the Tribe platform, winning new software licensing agreements, and boosting digital services revenue. The company also has a robust pipeline of profitable acquisition opportunities. Furthermore, Tribe remains committed to investing in its software platform and adding functionality to its suite of products to maintain its industry leadership position and continue providing innovative solutions to its clients. With its strong financial performance and strategic initiatives in place, Tribe Property Technologies is well-positioned to capitalize on growth opportunities in the property management sector and drive value for its shareholders. #proactiveinvestors #tribepropertytechnologies #tsxv #trbe #otcqb #trptf #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

- Oriental Land Co. - which owns and operates the Tokyo Disney Resort - announced this week that it will close its Buzz Lightyear's Astro Blasters ride in October to make way for a new ride based on Wreck it Ralph to open in 2026. - The Tokyo Disney Resort announced that "Vacation Jamboree" will run at the Country Bear Playhouse from May 17 through November 7. It's the first time in five years that the show has run at the resort. - A government filing in Shanghai has revealed Disney's plans for its first-ever Spider-Man-themed roller coaster. The new coaster will be the previously announced new attraction to be built next to Shanghai's Zootopia land, which opened last December. The plans also state that an official announcement of the project is set to be May 2nd. - Universal's theme parks reported a modest increase in income, coupled with a decline in earnings, for the first three months of 2024. Comcast reported that its theme parks segment saw a 1.5% increase in revenue for the quarter, to $1.979 billion. Higher operating costs drove Adjusted EBITDA down 3.9% for the parks during the first quarter of 2024, to $632 million. - Lots of Pixar is happening at Disneyland resort with the return of Together Forever – A Pixar Nighttime Spectacular, new parade, Better Together: A Pixar Pals Celebration! and an interactive Dug meet and Greet forming part of the Pixar Fest running through to August 4th. - Fifteen people had minor injuries from a tram crash at Universal Studios Hollywood last week. A Universal spokesperson released the following statement to local media: "There was a tram incident at the theme park tonight that resulted in multiple minor injuries, confirmed by the LA County Fire Dept. We are working to support our guests and understand the circumstances that led to the accident." - Ryan Gosling has turned out for the preview of Universal Hollywood's The Fall Guy Stuntacular Preshow. The special version of the pre-show also featured "The Fall Guy" film director David Leitch, and two of Gosling's stunt doubles from the movie, Ben Jenkin and Logan Holladay. - Cedar Point will enforce a strict "no loose items" policy on its Top Thrill 2 roller coaster when it opens for the season on May 4th. But the park will not be providing free lockers or bins for riders to store the items they cannot take on the ride. The park said on its website. "Due to the later revision, the integration of lockers into the queue, similar to those at Steel Vengeance, was not possible. We encourage riders to leave any loose articles with a non-rider. If you wish to rent a locker, they will be near the entrance for a nominal fee." - Europa Park has opened it's new Voltron Nevera roller coaser this week. Anchoring the park's Croatia land and themed to Croatian inventor Nikola Tesla, Voltron's theme is that you are being transformed into electrical energy. The coaster features a recreation of Tesla's Wardenclyffe Tower, which the inventor built to test his plans for wireless transmission of electricity. - Legoland California have announced the stars of their Lego World Parade Fire Chief Freya, who will lead the parade on a Lego City firetruck float, Scuba Diver, who will ride aboard her Lego City Deep Sea Adventure-inspired float, Scallywag Pirate, who will be seeking treasure aboard his pirate ship float, Lloyd, a ninja who will appear on the Lego Ninjago Dragon float, Hopsy, who is a bright red Lego Duplo who will ride on the float at the "tail end" of the parade. - Efteling in the Netherlands has announced it's create electric powered fake steam trains for the next trains for it's historic Steam Train attraction. Efteling has set goals of becoming climate-neutral by 2030 and climate-positive by 2032, neither of which would be possible with an authentic coal-burning steam train ride in the park.

Mark Growing CEO of Zinc Media #ZIN discusses their Final Results for the Year Ended 31st December 2023: Financial Highlights: Full year revenue increased by 34% to £40.2m (FY22: £30.1m), ahead of market expectations. o  Revenue growth was driven by 19% organic growth in television revenues of £3.9m alongside a full year contribution of The Edge which was acquired in August 2022. o  The Group has significantly outperformed the UK television production sector with revenues growing by £23m in two years, a compound annual growth rate (CAGR) of 52%. o  80% of revenue was delivered from existing customers, in line with FY22. •     Gross margins have increased from 34.0% to 39.5%, driven by higher margin TV work and the full year impact of The Edge. •     Adjusted EBITDA[1] of £1.0m (FY22: £0.1m), the highest for 13 years and in line with market expectations. o  Profitability was suppressed by some of the Group's businesses still being in an investment stage, where they are delivering rapid revenue growth but are yet to reach profitability and made a combined loss of £1.2m. •     Robust balance sheet with cash of £4.9m as at 31 December 2023 (31 December 2022: £3.6m), a £1.3m increase on FY22 driven by the positive trading performance and working capital inflows. Cash as at 19 April 2023 was £5.8m. •     Loss before tax narrowed considerably to £2.0m (FY22: £3.3m). The loss is largely driven by non-cash items including amortisation related to previous acquisitions, depreciation and one-off costs related to share options. https://zincmedia.com/

Wishpond Technologies CEO Ali Tajskandar and CFO David Pais joined Steve Darling from Proactive to present the company's financial achievements for the fiscal year ended December 31st, 2023. The company reported record annual revenue of $23.1 million for fiscal year 2023, marking a 13% increase compared to fiscal year 2022. In Q4-2023, Wishpond achieved revenue of $6.1 million, representing an annualized revenue run-rate of over $24 million. This growth was primarily driven by sales of the company's next-generation marketing platform, Propel IQ. Additionally, Wishpond achieved Adjusted EBITDA of $0.8 million in fiscal year 2023, marking the sixth consecutive quarter of positive Adjusted EBITDA. The company expects to further accelerate its growth in 2024, driven by increased Propel IQ sales and the launch of SalesCloser AI, a virtual AI sales agent capable of conducting sales calls and demos in multiple languages with minimal human intervention. Looking ahead, Wishpond anticipates an improvement in its cash position in 2024 as revenue continues to grow and the company has fulfilled all earn-outs related to prior acquisitions. The company expresses confidence in its ability to fund future growth through cash flow from operations and its $6 million credit facility, with additional financing only necessary for executing acquisition opportunities. #proactiveinvestors #wishpondltd #tsxv #wish #otcqx #wpnd #PropelIQ, #AliTajskandar, #DavidPais, #TechCEO, #CFOInsights, #MarketingTech, #AIProducts, #RevenueGrowth, #FinancialPerformance, #TechInnovation2023, #StartupGrowth, #EBITDA, #TechLeaders, #DigitalMarketing, #SaaS, #BusinessStrategy, #GrowthHacking, #AIIntegration, #MarketingAutomation, #EnterpriseSolutions, #CustomerAcquisition, #TechTrends, #BusinessOptimization, #OperationalEfficiency #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

James van den Bergh, Chief Executive Officer of TruFin #TRU discusses their Trading Update for the year for the 12 months ended 31 December 2023 where he says each company is doing incredibly well the current forecasts showing 150% upside are conservative. Financial Highlights - Revenue is expected to be no less than £20.2m representing year-on-year growth in excess of 32% - Adjusted EBITDA loss is expected to be ahead of prior expectations at no more than £(3.0)m, representing an improvement of more than 47% year-on-year. - Cash at year end is no less than £9m, of which unrestricted cash is no less than £5.5m, and the Group is fully funded to profitability Oxygen - Number one position in the market in 2023 & profitable growth - Scaling revenue and profitability in 2024 and beyond - Early Payment clients purchased two or more products in 2023 - Pipeline exceeding 100 potential Early Payment clients Satago - Lloyds Banking Group existing Bank clients are expected to migrate during 2024 - First 'new to Bank' customer onto the platform.  - Interest in its digitised proposition both from UK and overseas banks.  - Revenue increased more than 70% to £3.8m.  - The number of paying subscribers more than doubled to 967 (FY22: 430). Significant subscriber growth is expected to continue in 2024 and beyond. Playstack  - Launched three critically acclaimed games, The Last Faith, AK-Xolotl and CityScapes: Sim Builder.  - It also secured six platform deals across five separate titles.  - Revenue for 2023 was no less than £8.0m (FY22: £6.3m).  - This was short of expectations due to platform deal delays.  - Despite these delayed platform deals, Playstack achieved its target of EBITDA profitability in 2023 after postponing some budgeted costs to mitigate the impact of the revenue shortfall.  - Playstack remains in advanced negotiations on the delayed platform deals.  - In 2021, 85% of Playstack's revenue was generated from one game; in 2023 Playstack generated 85% of its revenue from eight games.  - With a healthy back catalogue and a further six major games slated for release in 2024, this trend of revenue diversification is set to continue. About Trufin  TruFin plc is the holding company of an operating group comprising three growth-focused technology businesses operating in niche markets: early payment provision, invoice finance and mobile games publishing.

Watches of Switzerland Group plc demonstrated its recent growth via their financial results, announcing notable momentum in the United States market. As outlined in the earnings call by CEO Brian Duffy, the company experienced a significant uptick in domestic sales compared to the previous financial year. Concurrently, international sales took a hit due to the Brexit-impacted removal of tax-free shopping in the UK. Nevertheless, the company has been able to offset any losses by strengthening its focus on domestic affairs. The first half of the fiscal year showed how the company has faced the challenging economic environment by displaying growth in both the UK and the US markets. The company declared a group revenue increase of 2% at constant currency, while the US reported an even more commendable figure of 11% growth at constant currency. Watches of Switzerland Group plc's successful navigation amidst adversity has been credited to certain key drivers. These include a substantial net cash position of GBP60 million, acquisitions of luxury showrooms from Ernest Jones, and the introduction of Rolex certified pre-owned watches. Another element of their growth strategy has been the significant expansion in showroom space and a marked focus on e-commerce, a testament to their adaptability to the digital landscape. However, growth hasn't been without a few roadblocks. Adjusted EBITDA did decline by 8% at constant currency and 10% at reported rates. This is attributable mainly to changes in product mix and costs associated with interest-free credit, leading to net margin reduction. Additionally, Brexit has had a negative impact on international sales due to the removal of tax-free shopping in the UK. Despite these challenges, the company has elaborated on their strategies for growth. The emphasis has been on showroom expansion and investment in luxury designs to provide an enhanced offering to their customers. The company has also introduced Rolex certified pre-owned watches and expanded into luxury branded jewelry to diversify offerings. In addition to this, a new store in Manchester has been opened. Looking ahead, Watches of Switzerland Group plc intends to continue investing in showroom expansions and refurbishments, planning substantial capital investments. Expanding into the luxury branded jewelry market is identified as an attractive growth avenue, as well as focusing on e-commerce. With predicted sales and profits to double by the fiscal year 2028, the company is dedicated to sustained growth over the next five years, solidifying its position as a key player in the industry. WOSG Company info: https://finance.yahoo.com/quote/WOSG/profile For more PSFK research : www.psfk.com  This email has been published and shared for the purpose of business research and is not intended as investment advice.

Data Center Frontier editors Matt Vincent and David Chernicoff recently caught up with Cyxtera's Field CTO Holland Barry on the occasion of Cyxtera and Hewlett Packard Enterprise (HPE) announcing a new collaboration to help simplify customers' hybrid IT strategies. Cyxtera is now leveraging HPE's GreenLake edge-to-cloud platform to support an enterprise bare metal platform. The podcast discussion extends to how Cyxtera is presently focused on supporting AI workloads in data centers and collaborating with HPE to offer a multi-hybrid cloud strategy. Barry revealed during the podcast that Cyxtera already supports 70 kilowatt racks in 18 markets, and is discussing expanded deployments with its customers and partners. Barry added that many present customers are considering moving to private cloud platforms, due to rising public cloud costs and unexpected fees. Barry said, "My function here at Cyxtera deals largely with the technologies that we both implement internally and also that we deploy within the data centers themselves to make sure that experience of being in the data center colo facility is seamless, feels as much like cloud as it can in terms of the provisioning of services, how we bill for things, things like that." He added, "Generally speaking, I'm a technologist at heart and I just want to make sure that what we're building is what's useful for the market to consume." Here's a list of key points discussed on the podcast: 2:01 - Barry talks about Cyxtera's vision for supporting AI workloads in data centers, including cooling technologies, network speed, power designs, and accommodating adjacencies with edge and public cloud platforms. 4:18 - DCF's Chernicoff asks if Cyxtera will offer 70 kilowatt racks a la Digital Realty. Barry explains that Cyxtera already supports this capacity in 18 of its markets, and is in active discussions with customers and partners over an expansion. 5:40 - Barry discusses how Cyxtera's collaboration with HPE addresses rising cloud costs and furthers a multi-hybrid cloud strategy, including Cyxtera's new enterprise bare metal platform and options for opex financing models. 7:53 - Use cases for customers moving to the HPE GreenLake solution via Cyxtera are discussed, including repatriating cloud workloads and tech refreshes. 15:03 - Asked about the convergence of cloud and hybrid IT strategies, Barry says that Cyxtera views themselves as part of such transformations and says the provider is up front with its customers about what workloads are best suited for their platform. The trend of recalibrating workloads from the public cloud to data centers for better cost management is also discussed. 18:22 - Barry expounds on how egress fees and other unexpected costs can lead to a "death by 1000 cuts" situation for public cloud users, driving them to consider private cloud options 19:57 - Barry observes that many customers are realizing the costs of the public cloud and considering moving to a private cloud solution, and emphasizes the importance of Cyxtera making this transition as easy as possible through technology choices and partnerships. 21:57 - Barry comments on the new Cyxtera partnership with HPE in the context of providing choices and solutions to make moving customer workloads to their venue as easy as possible, with the goal of building a multi-hybrid cloud reality in the future. Background on Cyxtera Cyxtera Technologies operates a global network of 60 data centers, supports 2,300 customers, and had $746 million in revenue in 2022. The company was formed in 2016 when Medina Capital, led by former Terremark CEO Manuel Medina, teamed with investors including BC Partners to buy the data center portfolio of CenturyLink for $2.15 billion. It was at that time one of several data center players seeking to build a colocation business atop a portfolio of data centers spun off by telecom companies. This April, Data Center Frontier's Rich Miller reported that Cyxtera Technologies was reportedly fielding interest from suitors as it sought to reduce its debt load. Data Center Dynamics at that time shared that Cyxtera was exploring options for a sale or capital raise, citing a Bloomberg story that said private equity suitors were studying the company's operations. Shares of Cyxtera had fallen sharply in value during that timeframe and were trading at 31 cents a share at one point, giving the company a market capitalization of about $55 million, a far cry from the $3.4 billion valuation placed on the company when it went public in 2021 through a merger with Starboard Value Acquisition Corp. In May, as shares of Cyxtera fell to new lows, DCF reported lenders for the company said they would provide the colocation provider with $50 million in new funding, allowing it more time to arrange a sale or line up new capital. In June, the colocation provider filed for Chapter 11 bankruptcy. After working for months to find a buyer or reduce its debt load, the company decided it would now restructure through a pre-packaged bankruptcy. The Chapter 11 filing was part of an arrangement with its lenders, who retained the right to gain a controlling equity interest in the company under terms of a restructuring agreement. At the time of the bankruptcy filing, some of the company's lenders committed to provide $200 million in financing to enable Cyxtera to continue operating as it restructures. "Cyxtera expects to use the Chapter 11 process to strengthen the company's financial position, meaningfully deleverage its balance sheet and facilitate the business's long-term success," the company said in a press release." More details have been made available on Cyxtera's restructuring web site. Cyxtera subsidiaries in the United Kingdom, Germany and Singapore are not included in the bankruptcy case, which was filed in New Jersey. Dgtl Infra's Mary Zhang has done significant recent reporting over the summer on the story of Cyxtera's existing lease rejections in wake of the bankruptcy filing, as well as charting the company's timeline extension for its bankruptcy-led sale process into late September. In his June reporting on Cyxtera's bankruptcy filing, DCF's Miller noted that: "Since Cyxtera leases many of its data centers, Cyxtera's Chapter 11 filing creates a potential challenge for its landlords. Cyxtera leases space in 15 facilities operated by Digital Realty, representing $61.5 million in annual revenue, or about 1.7 percent of Digital's annual revenue. It also leases space in 6 data centers owned by Digital Core REIT, a Singapore-based public company sponsored by Digital Realty. That includes two sites in Los Angeles, three in Silicon Valley and one in Frankfurt. The $16.3 million in annual rent from Cyxtera represents 22.3 percent of revenue for Digital Core REIT. A bankruptcy filing provides debtors with the opportunity to reject leases to reduce their real estate costs. In its press release, Cyxtera noted that it "is continuing to evaluate its data center footprint, consistent with its commitment to optimizing operations." An August report from Bloomberg stated that Cyxtera had drawn interest for its assets from multiple parties, including Brookfield Infrastructure Partners and Digital Realty Trust Inc., according to people with knowledge of the situation. as reported by Bloomberg's Reshmi Basu. In a recent email to this editor regarding Cyxtera, DCF's Miller opined further: "The key questions for Cyxtera are really all about the bankruptcy outcome, and where that stands. The future could be very different for Cyxtera depending who the winning bidder is and whether they would reject leases. For example, Digital Realty is reported to be one of the bidders. That makes sense, as Cyxtera leases 12 facilities from them and DLR has a vested interest in protecting that income. But if Digital wins the auction, do they keep leasing space in Cyxtera's many non-Digital sites? Or do they reject those leases and consolidate? The auction winner will guide future strategy for Cyxtera. And it could be very different if it's a private equity firm vs. a strategic buyer like Digital Realty." On August 7, concurrent with its business update for Q2, Cyxtera announced that it had reached a key milestone in its Chapter 11 process by filing a proposed plan of reorganization with the U.S. Bankruptcy Court for the District of New Jersey, and said it had reached an agreement with its lenders to optimize the company's capital structure and reduce its pre-filing funded debt by more than $950 million. In its Q2 update, the company said it had delivered solid growth in total revenue, recurring revenue, core revenue and transaction adjusted EBITDA. Cyxtera's August 7 press release added that negotiations around the company's sale alternative remained active. According to a press release, the proposed reorganization plan is supported by certain of Cyxtera's lenders who collectively hold over two-thirds of the company's outstanding first lien debt, and are parties to Cyxtera's previously announced restructuring support agreement. The company said the proposed plan provides flexibility for the company to pursue a balance sheet recapitalization or a sale of the business. Cyxtera noted that if the plan is approved and a recapitalization is consummated, the lenders have committed to support a holistic restructuring of the company's balance sheet. Such a restructuring would eliminate more than $950 million of Cyxtera's pre-filing debt and provide the company with enhanced financial flexibility to invest in its business for the benefit of its customers and partners. For Q2 of 2023, Cyxtera said its total revenue increased by $14.9 million, or 8.1% YoY, to $199.0 million in the second quarter of 2023. On a constant currency basis, the company's total revenue increased by $15.1 million, or 8.2% YoY. Recurring revenue increased by $15.8 million, or 9.1% YoY, to $190.0 million in the second quarter. Cyxtera added that its core revenue increased by $17.4 million, or 10.3% YoY, to $186.2 million in the second quarter. Finally, the company said its transaction Adjusted EBITDA increased by $6.4 million, or 10.7%, to $66.4 million and increased by $6.5 million, or 10.9% YoY, on a constant currency basis, in the second quarter. Carlos Sagasta, Cyxtera's Chief Financial Officer, said, “We are pleased to have delivered another quarter of solid growth across the business, underscoring the strength of our offering and the value we create for our global customers. We expect to continue building on this momentum as we successfully complete the process to strengthen our financial position for the long term.” The press release added that in either a recapitalization or sale scenario, the company remains on track to emerge from the court-supervised process no later than the fall of this year. The company said it had received multiple qualified bids to date. Final bids from interested parties in the sale process were originally due on August 18, a deadline which came and went. An auction slated for August 30 was also cancelled. Nelson Fonseca, Cyxtera's Chief Executive Officer, commented, “We continue to make important progress in our court-supervised process, while demonstrating solid performance across our business. Filing this plan with the support of our lenders provides us a path to emerge in a significantly stronger financial position.” Here are links to some recent DCF articles on Cyxtera: Colocation Provider Cyxtera Files for Chapter 11 Bankruptcy Cyxtera Gets $50 Million Funding, More Time to Seek a Buyer As Stock Price Slumps, Cyxtera Reportedly Mulling Capital Raise or Sale Cyxtera Goes Public as Starboard SPAC Acquisition Closes Cyxtera to Go Public Through $3.4 Billion Merger With Starboard SPAC

One Model, a people analytics software company, announced the successful completion of its growth funding round, securing a $41 million investment led by Riverwood Capital, a leading global investor in high-growth technology companies. https://hrtechfeed.com/people-analytics-software-raises-41-million/ SeekOut, the Talent Intelligence Platform, announced two new innovations to help recruiters achieve better results. First, the company made SeekOut Assist, GPT-powered recruiting, publicly available to customers following a brief early access period. SeekOut Assist is a new generative AI technology that enables recruiters to go from a job description to initial contact with qualified candidates in a matter of moments. https://hrtechfeed.com/seekout-announces-general-availability-of-gpt-powered-assist/ Ziprecruiter and indeed both reported earnings, lets start with Zip Ziprecruiter... Quarterly revenue $170.4 million, down 29% y/y Net income of $14.4 million, or net income margin of 8% Adjusted EBITDA of $43.3 million, or Adjusted EBITDA margin of 25% https://hrtechfeed.com/ziprecruiter-revenue-down-29-yoy/ Recruit Holdings Co., Ltd. today reported the first quarter financial results for FY2023. This includes the HR Tech Segment comprised of Indeed and Glassdoor. Revenue for Q1 FY2023 decreased 9.1%. On a US dollar basis, revenue decreased 14.2%. The supply and demand mismatch between job seekers and employers continued to ease, with global labor markets normalizing, particularly in the US. https://hrtechfeed.com/q1-fy2023-financial-results-newsroom-recruit-holdings/  

Gold did not get much of bounce from the favorable job numbers, noted mining audiences manager Michael McCrae.  On Friday McCrae recorded Kitco Roundtable with Kitco correspondent Paul Harris.  U.S. nonfarm payrolls rose by 187,000 last month, according to the Bureau of Labor Statistics, which released the numbers on Friday. The monthly figure was below the market consensus estimates of 205,000.The gold market didn't react much. December gold futures last traded at $1,970 an ounce, roughly unchanged on the day.Companies are releasing their second quarter financial results. In its outlook, uranium giant Cameco raised its revenue forecast due to momentum in the nuclear sector and supply risk caused by geopolitical developments.Albemarle, a leading global producer of specialty chemicals, reported net sales of $2.4 billion in Q2. In its outlook the lithium miner said net sales are expected to increase 40% to 55% over the prior year, primarily driven by the continued global shift to electric vehicles. The year-over-year increase in Adjusted EBITDA is expected to be in the range of 10% to 25%, primarily due to higher energy storage pricing.

What happened to the Builders Build podcast? Was there a falling out? A growing rift between the boys? A takeover coup by the interns? It could have been any of those things, and you'll never know. What you do know is Builders Build is back, without any expectations for the future, with another flaming hot podcast upload. As one does after taking 4 months off, the gang regroups and recaps the last several months. They cover: Colin's (re)acquisition of LTRMN Oren's entry into the influencer game James' foray's into the newsletter business Twitter is still a complete mess

On this episode, Brett Dearing and Corey Massella, Managing Director from UHY-Advisors, discusses the importance of conducting a Quality of Earnings on your business before you sell. The key benefits are: Having a clear understanding of company financials Stress test the revenue trends of your business Accurately establish Adjusted EBITDA, Cash Flow and Working Capital Have someone that can protect and defend your financials when going through a due diligence process.  The podcast covers the key reasons of conducting a Quality of Earnings while covering the benefits  and impact to business valuations. 

The DraftKings (DKNG) stock is up in the post-market session after their earnings report was released. The sports betting company reported record revenue. DraftKings lost $0.53 per share in the quarter versus the estimate of $0.59. DraftKings also improved its projections for full-year 2023 Adjusted EBITDA. "I am very pleased with how we concluded 2022, with continued top-line growth and a strong focus on expense management,” DraftKings CEO and co-founder Jason Robins said in a release.

Michael Girdley (@Girdley), and Bill D'Alessandro (@BillDA) review a business that liquidates old voice-over IP telephones. They have 32% margins and only 11 employees while doing $4M in revenue. Impressive.We also steered away from the deal to talk about how to convince a broker that you're not a tire kicker, how to make deals with celebrities, pricing a business with upcoming unforeseeable risks, different structures to share risk with the seller in a deal, and much more!Company:                 Highly Profitable Supplier of Used & Refurbished Telecom EquipmentLocation:                   United StatesStated Financials:     Revenue ‘22  $ 4,000,000   |   ‘22 Adjusted EBITDA   $ 1,300,000Asking Price:             Contact the broker-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(0:00) - Introduction(0:57) - Our Sponsor is Cloudbookkeeping.com(2:25) - Update on Michael's Spanish lessons (4:52) - Deal & financials: Highly Profitable Supplier of Used & Refurbished Telecom Equipment(6:05) - What do these guys do?(7:00) - How might Covid have affected this?(8:48) - What do we think about the customers and the operational structure?(15:56) - How to convince a Broker that you're not a tire kicker?(18:58) - What happens when you try to make a deal with a celebrity?(20:44) - What is the elephant in the room for this deal?(21:18) - Are there headwinds for this? Should you be scared about it?(24:05) - How would we price this business, and why?(25:30) - What is the most important thing of Due Diligence for this business?(27:05) - Audience request: How would we structure this? What are the depreciation benefits? (30:52) - What are the challenges to estimating the risk here? How would we split the risk with the seller?(33:26) - Why are entrepreneurs in liquidations so rich?-----Additional episodes you might enjoy:#166 - A legal tech business doing $7mm a year #165 - Should we buy this airplane ad business?#164 - Annual Report Filing Software#163 - Make $2.3M/yr owning a Flight School#162 - Cleaning up crime scenes for big money!#161 - How to spot red flags in eCommerce listings? Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Michael Girdley (@Girdley), and Bill D'Alessandro (@BillDA) review a business that liquidates old voice-over IP telephones. They have 32% margins and only 11 employees while doing $4M in revenue. Impressive.We also steered away from the deal to talk about how to convince a broker that you're not a tire kicker, how to make deals with celebrities, pricing a business with upcoming unforeseeable risks, different structures to share risk with the seller in a deal, and much more!Company:                 Highly Profitable Supplier of Used & Refurbished Telecom EquipmentLocation:                   United StatesStated Financials:     Revenue ‘22  $ 4,000,000   |   ‘22 Adjusted EBITDA   $ 1,300,000Asking Price:             Contact the broker-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(0:00) - Introduction(0:57) - Our Sponsor is Cloudbookkeeping.com(2:25) - Update on Michael's Spanish lessons (4:52) - Deal & financials: Highly Profitable Supplier of Used & Refurbished Telecom Equipment(6:05) - What do these guys do?(7:00) - How might Covid have affected this?(8:48) - What do we think about the customers and the operational structure?(15:56) - How to convince a Broker that you're not a tire kicker?(18:58) - What happens when you try to make a deal with a celebrity?(20:44) - What is the elephant in the room for this deal?(21:18) - Are there headwinds for this? Should you be scared about it?(24:05) - How would we price this business, and why?(25:30) - What is the most important thing of Due Diligence for this business?(27:05) - Audience request: How would we structure this? What are the depreciation benefits? (30:52) - What are the challenges to estimating the risk here? How would we split the risk with the seller?(33:26) - Why are entrepreneurs in liquidations so rich?-----Additional episodes you might enjoy:#166 - A legal tech business doing $7mm a year #165 - Should we buy this airplane ad business?#164 - Annual Report Filing Software#163 - Make $2.3M/yr owning a Flight School#162 - Cleaning up crime scenes for big money!#161 - How to spot red flags in eCommerce listings? Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about a Legal Technology Provider. What makes this a great teaser? We dig into this deal to find the catch; why are we the lucky buyers? Is there a case for a strategic? Could you aim to build rather than buy it?Company:                 Legal Technology Provider Opportunity ReviewLocation:                   United StatesStated Financials:     2022 Sales  $ 7mm   |   2022 Adjusted EBITDA   $2.4mmAsking Price:          Contact the broker-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(00:49) - Our Sponsor is CloudBookKeeping.com(04:23) - Deal & financials: Legal Technology Provider(08:17) - What do we like?(09:37) - If EBITDA is BS earnings, what is adjusted EBITDA?(11:52) - What is the catch with this recurring income?(14:43) - Is there a strategic buyer for this business?(15:09) - What is @girdley's pain-in-the-a** factor theory?(17:57) - What is the most interesting part of this teaser?(18:24) - What are the dynamics you will face if you want to purchase a business like this? (20:04) - Why does this business still have a bizarre dynamic?(25:14) - Where will you find the best value in today's market?(26:55) - Send over some Deals!Additional episodes you might enjoy:#165 - Should we buy this airplane ad business?#164 - Annual Report Filing Software#163 - Make $2.3M/yr owning a Flight School#162 - Cleaning up crime scenes for big money!#161 - How to spot red flags in eCommerce listings? Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about a Legal Technology Provider. What makes this a great teaser? We dig into this deal to find the catch; why are we the lucky buyers? Is there a case for a strategic? Could you aim to build rather than buy it?Company:                 Legal Technology Provider Opportunity ReviewLocation:                   United StatesStated Financials:     2022 Sales  $ 7mm   |   2022 Adjusted EBITDA   $2.4mmAsking Price:          Contact the broker-----Thanks to our sponsors!CloudBookkeeping offers adaptable solutions to businesses that want to focus on growth with a “client service first” approach. They offer a full suite of accounting services, including sophisticated reporting, QuickBooks software solutions, and full-service payroll options.-----Show Notes:(00:00) - Introduction(00:49) - Our Sponsor is CloudBookKeeping.com(04:23) - Deal & financials: Legal Technology Provider(08:17) - What do we like?(09:37) - If EBITDA is BS earnings, what is adjusted EBITDA?(11:52) - What is the catch with this recurring income?(14:43) - Is there a strategic buyer for this business?(15:09) - What is @girdley's pain-in-the-a** factor theory?(17:57) - What is the most interesting part of this teaser?(18:24) - What are the dynamics you will face if you want to purchase a business like this? (20:04) - Why does this business still have a bizarre dynamic?(25:14) - Where will you find the best value in today's market?(26:55) - Send over some Deals!Additional episodes you might enjoy:#165 - Should we buy this airplane ad business?#164 - Annual Report Filing Software#163 - Make $2.3M/yr owning a Flight School#162 - Cleaning up crime scenes for big money!#161 - How to spot red flags in eCommerce listings? Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about a company that offers services related to aerial advertising. We discuss the deal structure, margins, and the significant pricing power enjoyed by businesses that operate billboards. Is there a moat around this business? Do we think it's better to rent a billboard?Company:   Aerial Advertising Service ProviderLocation:   21 States - USStated Financials:   2022 TTM $ 3.5M    |   2022 Adjusted EBITDA   $ 610,000Asking Price:   Unlisted-----Thanks to our sponsor!Acquira - your acquisition in a box service. Acquira offers training to help you find, evaluate, and close on a small business. All in under a year.    Their team has bought over 30 businesses across  3 different portfolios. Whether you're just beginning your business search, actively pursuing a specific deal, or looking to grow your existing company, Acquira's training and team of experts can help. Their M&A advisors provide individualized support through the entire process. They will provide guidance toward your offer structure, drafting your LOI, in-depth due diligence, and securing funding for your deal.  They will even fly out to the business with you.  Once you acquire a business, they can help you grow it too.Acquira's ACE Framework will help you transition that business from owner-operated to management-led, increasing profits and allowing you to step away from the daily operations and enjoy doing more of what you love.  And if “more of what you love” is buying and growing more businesses, they can help you build a portfolio of businesses, and eventually get liquidity from that portfolio by selling it to a financial buyer, or selling it to its employees.Space is limited each month, so if you're looking to acquire a cash-flowing business this year, sign up now at acquira.com/pod-lander-----Show Notes:(00:00) - Introduction(00:54) - Our Sponsor is Acquira.com(02:26) - We are looking to do more larger deals!(03:46) - Deal & financials: Aerial Advertising Service Provider(07:34) - What's happening to the margins?(08:38) - How do billboard businesses earn a lot of pricing power?(10:24) - What is this company's buy vs. build thesis? (13:34) - The low Total Addressable Market Moat(14:12) - How would we build a moat around this business?(17:54) - What's the case for medieval times?(20:42) - Is it better to rent a normal billboard?(23:03) - Will drones be a good idea?(24:26) - What may have affected this business to grow in revenue?Additional episodes you might enjoy:#164 - Annual Report Filing Software#163 - Make $2.3M/yr owning a Flight School#162 - Cleaning up crime scenes for big money!#161 - How to spot red flags in eCommerce listings? Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

Michael Girdley (@Girdley) and Mills Snell (@thegeneralmills) talk about a company that offers services related to aerial advertising. We discuss the deal structure, margins, and the significant pricing power enjoyed by businesses that operate billboards. Is there a moat around this business? Do we think it's better to rent a billboard?Company:   Aerial Advertising Service ProviderLocation:   21 States - USStated Financials:   2022 TTM $ 3.5M    |   2022 Adjusted EBITDA   $ 610,000Asking Price:   Unlisted-----Thanks to our sponsor!Acquira - your acquisition in a box service. Acquira offers training to help you find, evaluate, and close on a small business. All in under a year.    Their team has bought over 30 businesses across  3 different portfolios. Whether you're just beginning your business search, actively pursuing a specific deal, or looking to grow your existing company, Acquira's training and team of experts can help. Their M&A advisors provide individualized support through the entire process. They will provide guidance toward your offer structure, drafting your LOI, in-depth due diligence, and securing funding for your deal.  They will even fly out to the business with you.  Once you acquire a business, they can help you grow it too.Acquira's ACE Framework will help you transition that business from owner-operated to management-led, increasing profits and allowing you to step away from the daily operations and enjoy doing more of what you love.  And if “more of what you love” is buying and growing more businesses, they can help you build a portfolio of businesses, and eventually get liquidity from that portfolio by selling it to a financial buyer, or selling it to its employees.Space is limited each month, so if you're looking to acquire a cash-flowing business this year, sign up now at acquira.com/pod-lander-----Show Notes:(00:00) - Introduction(00:54) - Our Sponsor is Acquira.com(02:26) - We are looking to do more larger deals!(03:46) - Deal & financials: Aerial Advertising Service Provider(07:34) - What's happening to the margins?(08:38) - How do billboard businesses earn a lot of pricing power?(10:24) - What is this company's buy vs. build thesis? (13:34) - The low Total Addressable Market Moat(14:12) - How would we build a moat around this business?(17:54) - What's the case for medieval times?(20:42) - Is it better to rent a normal billboard?(23:03) - Will drones be a good idea?(24:26) - What may have affected this business to grow in revenue?Additional episodes you might enjoy:#164 - Annual Report Filing Software#163 - Make $2.3M/yr owning a Flight School#162 - Cleaning up crime scenes for big money!#161 - How to spot red flags in eCommerce listings? Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.

 RecruiterSpot, a directory and marketing platform for recruitment agencies, staffers, and headhunters, opens its doors for agencies to list a featured profile at no cost for a limited period of time. https://hrtechfeed.com/recruiterspot-launches-recruitment-directory-with-automated-job-listing-invites-agencies-to-list-for-free/ WICHITA, Kan. — WorkTorch, a fast-growing service industry career platform, announces a $2.2 million seed round, led by Tenzing Capital out of Wichita, Kansas. This funding investment comes as October employment numbers show people are leaving their careers faster than new hires are coming in the door. https://hrtechfeed.com/worktorch-announces-2-2m-in-additional-funding-and-rebrand-from-quickhire/ ZipRecruiter®, a leading online employment marketplace, today announced financial results for the quarter ended September 30, 2022.  Quarterly revenue $227.0 million, up 7% y/y Company raises revenue guidance to $897M – $903M, or 21% YoY Growth Company raises Adjusted EBITDA guidance to $173M – $179M, or 20% margin https://hrtechfeed.com/ziprecruiter-announces-third-quarter-2022-results/

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Every Monday, Grace and Alex scour the news and record notes on what's going on to kick off the week.Happily once again we did not start the day by talking about Elon Musk and Twitter, though the news was not really very good:Stocks are down sharply around the world. And crypto prices, which track larger asset prices, are also sharply lower in the last day, and week.Uber's CEO told his company that things are changing. Adjusted EBITDA is out, FCF is in. Hiring? Going to slow. Capital expenses? Those will get harder looks, and so on. During the show, we asked about the slowdown, and how it may, or may not impact the bouyant crypto startup market.Neat funding rounds from Pyramid, which raised $120 million, and Paymob, which raised $50 million.We are recording live this weekend, so catch the show on Thursday as we record our Friday episode! Chat soon!

This week's list of top stories in fintech: How Visa-Mastercard Russian bank ban will disrupt commerce On Monday V & MC blocked access to their networks for a large share of Russian market Did not name specific banks but three banks make up 50% of the market There are 300m credit and debit cards in Russia V & MC control 72% of card market there Russians have to rely now on cash primarily, although getting money from ATMs will be difficult War in the time of crypto Crypto is flowing in to both sides but it has a learning curve. Ukraine ranks 4th in the world now in crypto adoption Can Russia use it to avoid sanctions? “it is structurally impossible at scale” Companies like Chainalysis can detect nefarious activity from Russia.  There is a spike it Rubles->BTC transactions Home field advantage: SoFi stock pumps on earnings Revenue was $985m in 2021, up 74% over 2020 Most of the revenue ($764m) was lending related Adjusted EBITDA was $30m for the year Added 1.6 million members last year The Growing Domination Of Chime, Cash App, And PayPal In Banking The shift is happening, more people call digital banks their primary checking account 28% of Gen Z, 31% of millennials, 22%of Gen X Chime, PayPal and Cash App account for 60% of those with a digital bank Community banks show growth, credit unions do not “Digital banks aren't the “challenger” banks, anymore. They won. “ Zip buying Sezzle as pressures on BNPL fintechs mount