logo
JIVA Technologies Announces Filing of Interim Financial Statements for Nine Months Ended December 31, 2024

JIVA Technologies Announces Filing of Interim Financial Statements for Nine Months Ended December 31, 2024

Yahoo27-02-2025

VANCOUVER, BC, Feb. 27, 2025 /PRNewswire/ -- JIVA Technologies Inc . (CSE: JIVA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("JIVA" or the "Company"), a leader in building niche online wellness communities and creating immersive physical environments, has announced the filing of its unaudited condensed interim consolidated financial statements, management's discussion and analysis (MD&A), and related officer certifications for the nine months ended December 31, 2024 (the "Q3 Filing"). The Q3 Filing is available on the Company's profile at www.sedar.com.
Financial Highlights for the Nine Months Ended December 31, 2024:
Gross Revenue: $3,651,671 reflecting the Company's commitment to creating innovative wellness solutions (December 2023: $9,184,678).
Cost of Goods Sold: $1,326,083, demonstrating improved operational efficiencies (December 2023: $5,165,266).
Net Loss: $1,980,741, a significant reduction compared to the same period last year (December 2023: $5,699,913).
These results showcase JIVA's progress in optimizing its operations and aligning its business strategies with long-term growth in the wellness industry.
"Our third-quarter results underscore the strides JIVA is making in strengthening its business foundations and adapting to the evolving wellness market," said Lorne Rapkin CEO of JIVA Technologies. "We remain focused on scaling our innovative platforms and creating transformative experiences, both online and in-person, while delivering sustainable value for our stakeholders.
Additional Information
The Company's complete financial statements and management's discussion & analysis ("MD&A") for 2024 are available on JIVA's website (www.plantx.com) and SEDAR (www.sedar.com).
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release or has in any way approved or disapproved of the contents of this press release.
About JIVA Technologies
JIVA Technologies is dedicated to building niche online wellness communities and creating immersive physical environments. With a proven track record in e-commerce marketplaces, bolstered by expert UI/UX design and SEO, JIVA now focuses on joint ventures to support wellness brands in developing their online presence. The company owns and operates Bloombox Club, an online plant delivery marketplace serving the United States, Germany, the United Kingdom, Austria, the Republic of Ireland, France, Spain, and Italy, as well as The Locavore Bar and Grill, a vibrant dining and gathering destination in Squamish, BC. Recently, JIVA became a shareholder in VEG House, a leader in the plant-based space, through a share exchange agreement. Committed to e-commerce, marketing, and wellness, JIVA's mission is to cultivate online communities of like-minded consumers through education and collaboration. The company is actively pursuing joint ventures, such as the recently announced partnership with LIV3 for SugarShield, to empower wellness brands online by building their websites and managing all digital marketing.
Contact:Lorne RapkinChief Executive Officer(416) 419-1415
Forward-Looking Information
This press release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may," "will," "expect," "likely," "should," "would," "plan," "anticipate," "intend," "potential," "proposed," "estimate," "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, the revocation of the CTO by the BCSC and the resumption of trading of the common shares on the Canadian Securities Exchange.
By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate; that assumptions may not be correct; and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release. For a detailed description of applicable risks, please see risk factors described more fully in the Company's filings which have been filed on SEDAR.
Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
Logo - https://mma.prnewswire.com/media/2554030/5190001/Jiva_Technologies_Logo.jpg
View original content to download multimedia:https://www.prnewswire.com/news-releases/jiva-technologies-announces-filing-of-interim-financial-statements-for-nine-months-ended-december-31-2024-302387942.html
SOURCE JIVA Technologies Inc.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Inverite to Complete 6:1 Consolidation
Inverite to Complete 6:1 Consolidation

Yahoo

time34 minutes ago

  • Yahoo

Inverite to Complete 6:1 Consolidation

Vancouver, British Columbia--(Newsfile Corp. - June 10, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) ("Inverite" or the "Company"), a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers, announces that it will consolidate (the "Consolidation") its common shares on the basis of six pre-consolidation common shares for 1 new post-consolidation share. Outstanding options, warrants and other convertible securities will likewise be adjusted for the Consolidation, with the number of underlying common shares and exercise prices being adjusted accordingly. No fractional common shares will be issued, and fractions of less than one-half of a share will be cancelled and fractions of at least one-half of a share will be converted to a whole common share. Following the Consolidation and subject to rounding adjustment, the Company expects to have approximately 41,528,721 common shares issued and outstanding, and approximately 13,297,928 common shares reserved for issuance. The Company expects that the CSE will issue a bulletin in due course, confirming the date on which the Company's common shares will commence trading on the CSE on a post-Consolidation basis. There will be no change to the Company's name or trading symbol. The new CUSIP/ISIN for the post-Consolidation common shares is 46125M203 / CA46125M2031. Letters of Transmittal will be mailed shortly to registered shareholders who hold share certificates, with instructions for the exchange of existing share certificates for new share certificates. Shareholders holding uncertificated shares (such as BEO, NCI and DRS positions) will not receive a Letter of Transmittal but will have their holdings adjusted electronically by the Company's transfer agent and need not take any further action to exchange their pre-Consolidation shares for post-Consolidation shares. About Inverite Insights Inc. Inverite Insights Inc. ("Inverite") (CSE: INVR) (OTC Pink: INVRF) (FSE: 2V00) is a Vancouver-based, AI-driven software provider specializing in real-time Holistic Financial Intelligence for the alternative credit economy. With a vast database of over 27.5 billion financial data points from more than seven million unique Canadian consumers transactions, The Company transacts with over 150,000 consumers monthly seeking credit. Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance. For further information about Inverite, please visit: ON BEHALF OF THE BOARD,Mike Marrandino, Executive ChairmanT: (855) 661-2390 ext. 104 Email: ir@ Neither the Canadian Securities Exchange nor its Regulation Services Provider/Market Maker (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release, nor has in any way passed upon the merits of the proposed transaction nor approved or disapproved the contents of this press release. Forward-Looking Statements This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes that any forward-looking statements in this news release are reasonable, there can be no assurance that any such forward-looking statements will prove to be accurate. The Company cautions readers that all forward-looking statements, are based on assumptions none of which can be assured and are subject to certain risks and uncertainties that could cause actual events or results to differ materially from those indicated in the forward-looking statements. Such forward-looking statements represent management's best judgment based on information currently available. Readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Reddy launches the #1 simulation training platform at CCW Las Vegas
Reddy launches the #1 simulation training platform at CCW Las Vegas

Yahoo

timean hour ago

  • Yahoo

Reddy launches the #1 simulation training platform at CCW Las Vegas

LAS VEGAS, June 10, 2025 /PRNewswire/ -- Reddy, the AI coaching platform redefining how customer experience (CX) teams train and develop their agents, today announced the launch of their Reddy 2.0 at Customer Contact Week (CCW) Las Vegas. This marks Reddy's second year of sponsoring at the world's largest CX event, and the most advanced set of features ever released for simulation training across the industry. Reddy 2.0 introduces a major leap forward in enterprise training with fully automated simulation creation, enhanced cross-functional collaboration tools for L&D and QA teams, further security and compliance certifications, and a brand refresh that embodies the platform's vision: transforming customer service agents into high-performing all-stars. Agent Training in the AI Era While much of the industry has rushed toward automation, research has raised caution. A Salesforce study released this week found that AI automation of customer service drops to just a 35% success on any interactions that require more than one step to resolve. This comes on the heels of Klarna's recent announcement that their pivot to full AI automation needed to be scaled back in order to restore human agents to their support model. While working on solving the long-term challenge of creating the complex, multi-turn AI agents of tomorrow, Reddy has bridged the gap with automation of training for better human agents today. In conjunction with the launch of their new features, Reddy also today signed their largest partner to date with over 2K global agents, after having validated gains in new hire performance during an initial piloting period that resulted in a 38x return on investment. Reddy 2.0 Launch Reddy's new features and branding are all designed around connecting various teams within enterprise CX organizations, allowing them to work together more easily to create the highest impact training programs for agents. Automated Simulation Authoring – L&D teams can now generate tailored simulations entirely using AI, with the ability to drop in existing materials to create realistic sandboxes of their complex interactions and systems. Changes to training programs and SOPs can now take instant effect inside of simulations, with the ability to test, version and publish across large content teams. Enterprise Collaboration Suite – Reddy has developed custom-built Learning Management, Knowledge Base and Project Management Systems that all reside inside of the platform and integrate with other common tools. This allows teams to consolidate information and updates in one streamlined workflow, ensuring that agents are always armed with the most up-to-date processes and materials. AI Privacy and Security – This week, Reddy received their SOC 2 Type 2 certification to go along with their HIPAA certification and PCI compliance. Reddy prides itself on the ability to pair software with change management, and in working closely together with Infosec and Procurement teams to navigate evolving policies around Generative AI. "Reddy brings together every team inside the contact center — from L&D to QA to team leads — making it easier than ever to turn agents into all-stars," said Adam Levin, Reddy's CEO and Co-Founder. "Our new design represents those connections, with a dynamic arrow-based system symbolizing the connections we create inside of one platform, and the forward momentum that Reddy helps agents achieve. They're handling more calls with confidence, resolving complex issues at a higher rate, and delivering happier customers for the brand." See It in Action Attendees at CCW Las Vegas can visit Reddy at Booth #1400 to explore the solution and see live demonstrations of its AI coaching platform in action, or learn more at View original content to download multimedia: SOURCE Reddy

Rockefeller Foundation Announces First Class of Big Bets Fellows Focused on Asia-Pacific
Rockefeller Foundation Announces First Class of Big Bets Fellows Focused on Asia-Pacific

Yahoo

timean hour ago

  • Yahoo

Rockefeller Foundation Announces First Class of Big Bets Fellows Focused on Asia-Pacific

12 changemakers driving bold, community-led solutions across 26 countries in the Asia-Pacific region, including Aitutaki, Australia, Bangladesh, Cambodia, China, Cook Islands, Fiji, India, Indonesia, Japan, Laos, Malaysia, Maldives, Mongolia, Nepal, New Zealand, Pakistan, Papua New Guinea, Philippines, Samoa, Solomon Islands, Sri Lanka, Thailand, Tonga, Vanuatu, and Viet Nam. BANGKOK, June 11, 2025 /PRNewswire/ -- The Rockefeller Foundation announced a new class of Big Bets Fellows – the first focused on the Asia-Pacific region – bringing together 12 visionary leaders who are pioneering scalable, locally rooted solutions to address some of the most pressing challenges of our time, from water scarcity to sustainable agriculture, marine conservation, disaster risk reduction, digital innovation and more. Over the four-month fellowship, these Asia-Pacific Big Bets Fellows will participate in intensive programming, peer learning, and global networking designed to amplify their potential impact and help translate their bold ideas into lasting systems change. Their immediate efforts encompass 26 countries in the region, including India, Indonesia, New Zealand, Bangladesh, Nepal, the Pacific Islands, Thailand, and Viet Nam. "Our 12 Asia-Pacific Big Bets Fellows are working toward bold, transformative change in a region that will shape all of our futures," said Dr. Rajiv J. Shah, President of The Rockefeller Foundation. "These ambitious, creative young leaders are precisely the types of changemakers The Rockefeller Foundation has always proudly supported. We're thrilled to be working with them as they advance economic opportunity in their communities, build sustainable ecosystems, and so much more." This Asia-Pacific cohort follows the successful launches of previous Big Bets Fellowships in Latin America and the Caribbean (2024) and the United States (2025), and reflects The Rockefeller Foundation's commitment to supporting locally-led innovation to tackle global challenges. "Our Asia-Pacific Big Bets Fellows are lighting the path to the future with bold ideas rooted in deep commitment to their communities," said Deepali Khanna, Head of Asia at The Rockefeller Foundation. "Whether on remote islands or in rapidly growing cities, these leaders are blending their experience and expertise with modern innovation to create a more resilient and hopeful future. We are proud to walk alongside them as they take on the region's toughest challenges with determination and heart." The 2025 Asia-Pacific Fellows are implementing a wide range of ambitious initiatives: Aafreen Siddiqui, Our Common Air: Catalyze collective action through stronger commitments, smarter investments, and streamlined accountability to combat air pollution across Asia-Pacific for better public health and economic growth. Alexia Hilbertidou, GirlBoss New Zealand: Empower a growing community of more than 17,000 young women across the Pacific to solve local problems at scale, teaching them practical skills in science, technology, and sustainability. Anusha Meher Bhargava, Tech4Good Community: Safeguard natural habitats and support biodiversity by harnessing the latest open-source technology and creating a new digital platform for conservationists, researchers, and policymakers to share data, monitor ecosystems, and improve environmental outcomes. Bobuchi Ken-Opurum, Barefoot Story x Re-HOUSED: Equip low-income individuals who build their own homes in India with the tools, data, and know-how to improve safety, comfort, and resilience to heat stress. Eshrat Waris, British Asian Trust: Support smallholder farmers as they transition to sustainable agriculture practices, which de-risks this traditionally high-cost period, enables greater credit flow in these communities, and supports smallholder networks in communities. Gaurav Godhwani, CivicDataLab: Unlock data collaborations and AI innovations to protect the most vulnerable regions in the Asia-Pacific. Mustika Wijaya, Solar Chapter: Expand the use of innovative solar-powered water pumping systems to reduce food insecurity, address water scarcity, and improve livelihoods in Indonesia. Ristika Putri Istanti, Lingkar Temu Kabupaten Lestari: Boost economic opportunity while conserving natural landscapes and resources in regional areas in Indonesia. Supatchaya Techachoochert, Mae Fah Luang Foundation: Generate economic opportunities and strengthen communities in Thailand by disincentivizing the deforestation that accompanies the production of monoculture crops. Uttam Pudasaini, NAXA: Leverage the latest technology, including artificial intelligence and geospatial analytics, to enhance anticipatory action by focusing on household-level risk assessments, delivering targeted and inclusive early warnings for climate-induced hazards, ultimately protecting lives and livelihoods, starting in Bangladesh and Nepal, and expanding to climate-vulnerable countries in the Asia-Pacific. Yasser Naqvi, CSEP: Foreground evidence and build capacity to raise awareness among policy stakeholders on environmental issues in India. Yumi Son, BOBLME II: Restore marine habitats and coastal ecosystems, reduce overfishing and illegal fishing, strengthen governance, ensure broad community participation, and support sustainable, long-term livelihoods in the Asia-Pacific. These leaders were selected from a diverse pool of changemakers nominated through the Big Bets community and external networks. Their work spans technology, finance, governance, and environmental initiatives, which will directly impact millions of underserved communities across the Asia-Pacific. Elizabeth Yee, Executive Vice President of Programs at The Rockefeller Foundation, who formally announced the Fellows during the Big Bets Live 2025 event in New York, said, "I am thrilled to congratulate this class of Fellows and can't wait to see what more they'll accomplish. We're proud to support their big bets that will define humanity's future." The occasion marked the Foundation's 112th anniversary, celebrating the power of bold, collaborative action and honoring the changemakers and partners turning ambitious ideas into breakthrough solutions. Since its founding in 1913, The Rockefeller Foundation has supported transformative initiatives in public health, food security, and equitable economic opportunity around the world. The Big Bets Fellowship is a cornerstone of this legacy, investing in leaders who bet big on a better future, and back it up with bold, data-driven action. About The Rockefeller FoundationThe Rockefeller Foundation is a pioneering philanthropy built on collaborative partnerships at the frontiers of science, technology, and innovation that enable individuals, families, and communities to flourish. We make big bets to promote the well-being of humanity. Today, we are focused on advancing human opportunity and reversing the climate crisis by transforming systems in food, health, energy, and finance. For more information, sign up for our newsletter at and follow us on X @RockefellerFdn and LinkedIn @the-rockefeller-foundation. View original content: SOURCE The Rockefeller Foundation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store