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Yahoo
15-05-2025
- Business
- Yahoo
BioHarvest Sciences Reports First Quarter 2025 Financial Results
First Quarter Revenues Grew 47% to $7.9 Million, Exceeding Management Guidance Rehovot, Israel--(Newsfile Corp. - May 15, 2025) - BioHarvest Sciences Inc. (NASDAQ: BHST) (FSE: 8MV0) ("BioHarvest" or the "Company"), a company pioneering its patented Botanical Synthesis technology platform, today reported its financial and operational results for the first quarter ended March 31, 2025. First Quarter & Subsequent 2025 Operational HighlightsAll figures stated in this news release are in U.S. dollars unless stated otherwise. Total revenues for the first quarter of 2025 increased 47% year-over-year to $7.9 million, exceeding management guidance, with gross margins expanding by 227 basis points to 58.5% of revenue. Management expects second quarter 2025 revenues of at least $8.5 million and expects to reach adjusted EBITDA breakeven in the second half of 2025. Total VINIA® subscribers surpassed 50,000 as of February 2025, with $50M of cumulative revenue realized since launch. Announced completion of Stage 1 development for the Contract Development and Manufacturing Organization (CDMO) contract with a Nasdaq-listed pharmaceutical company, successfully validating the botanical synthesis platform for a variety of molecule types. Announced that in vitro testing shows the Company's proprietary olive cell compound reduces fat accumulation in human liver cells, with the expectation that consumer sales begin in 2026. Presented at leading small-cap investor conferences including the 37th Annual ROTH Conference and the WeBull Consumer Stocks Webinar Management Commentary Ilan Sobel, CEO of BioHarvest Sciences, said: "Our first quarter of 2025 was highlighted by a step change in revenue growth and financial performance with continued momentum in our Products and CDMO business units. Revenues for the quarter again exceeded guidance, increasing 47% to $7.9 million, driven by growth in the VINIA® business which exceeded 50,000 active subscribers as of February 2025. We are aggressively operationalizing our strategy to broaden the reach of VINIA® into new consumer segments with our expanded portfolio of VINIA® product offerings while also reinforcing our core value proposition with existing customers anchored in delivering the multiple benefits of VINIA® for approximately $1 per day. "We continue to expand our VINIA® Inside strategy with additional VINIA® product lines such as VINIA® SuperFood Tea in K Cup® compatible pods, VINIA® Espresso in Nespresso®-compatible pods, and soon to be launched VINIA® 2X Formula Daily Chews, which are addressing a highly incremental, younger consumer base enabling the Company to capture incremental revenue from this important market segment. As part of this effort, we are activating incremental marketing channels, such as podcast integrations, TikTok, and a Health & Wellness Influencer Program. "In our CDMO division, we are accelerating our path to develop, manufacture and democratize life-changing molecules that will improve the Health & Wellness of millions of people while preserving the planet for generations to come. We are using our proven technology capabilities, which now include a robust lab infrastructure and custom AI tools that optimize R&D processes. to develop plant-based non-GMO biologic compounds for pharma, nutraceutical, nutrition and cosmetics companies. We recently announced that our pharma CDMO contract successfully moved to Stage 2 of our R+D process, and we have commenced Stage 1 tissue culture work for our contract with Tate & Lyle to develop a next-generation of non-nutritive plant-based sweetener. Both of these projects serve as major validations of our Botanical Synthesis platform. These agreements lay the groundwork for future expansion into additional high-value molecule categories, leveraging our ability to produce plant-derived compounds sustainably and at scale. In addition to the ongoing agreements, we have a robust near-term contract pipeline, and we are actively advancing discussions with additional strategic partners in other targeted industry verticals, where we expect to sign several additional CDMO clients through year-end. "Looking ahead, we anticipate continued growth in both our Products and Services business units - growing our "VINIA® inside" product lines and subscriber bases and adding new CDMO partners. The need for life-changing compounds, enabled by our proprietary Botanical Synthesis platform, will only accelerate given global consumer health and wellness trends, and our ability to balance profitability with scale ensures we can continue to invest in innovative R&D processes, and AI-driven CDMO efficiencies. Taken together, we believe we are well positioned for further growth and increased shareholder value through a diversified, high-margin business model with significant levels of built-in operating leverage," concluded Sobel. First Quarter 2025 Financial Results All figures stated in this news release are in U.S. dollars unless stated otherwise. Revenues for the first quarter of 2025 increased 47% to $7.9 million - which exceeded management's revenue guidance - as compared to $5.3 million in the first quarter of 2024. The increase was a result of the continued success of the Company's VINIA® family of products. Gross profit increased 53% to $4.6 million, or 58.5% of total revenue, in the first quarter of 2025, as compared to $3.0 million, or 56.2% of total revenue, in the same year-ago quarter. The increase in gross margin was primarily attributable to the benefits of increased manufacturing scale and improved manufacturing yields. Total operating expenses for the first quarter totaled $6.3 million, as compared to $4.4 million in the same year-ago quarter. The increase in operating expenses was primarily due to increased marketing spend which was reduced as a percentage of revenue to 46.8% of revenue, as compared to 48.0% in the same year ago quarter - and higher expenses from the CDMO services division. General and administrative expenses increased 67% in the first quarter but declined by 6% as compared to the fourth quarter of 2024, reflecting increased operating leverage as the Company continues to scale. Net loss for the first quarter of 2025 totaled $2.3 million, or $0.13 per basic and diluted share, as compared to a net loss of $6.6 million, or $0.48 per basic and diluted share, in the same year-ago quarter. Adjusted EBITDA loss - a non-IFRS measure - totaled $1.4 million in the first quarter of 2025, as compared to an adjusted EBITDA loss of $1.1 million in the same year-ago quarter. During the quarter, the Company raised $3.9 million in debt financing, primarily from existing investors. Cash and cash equivalents as of March 31, 2024, totaled $3.4 million, as compared to $2.4 million as of December 31, 2024. First Quarter 2025 Results Conference Call Management will host an investor conference call and webcast at 4:30 p.m. Eastern time today to discuss the Company's first quarter 2025 financial results, provide a corporate update, and conclude with a question-and-answer session from telephone participants. To participate, please use the following information: Date: Thursday, May 15, 2025Time: 4:30 p.m. Eastern timeU.S./Canada Dial-in: 1-877-300-8521International Dial-in: 1-412-317-6026Conference ID: 2552254Webcast: BHST Q1 2025 Earnings Conference Call Please dial in at least 10 minutes before the start of the call to ensure timely participation. A telephone playback of the call will be available through Thursday, May 29, 2025. To listen, call 1-844-512-2921 within the United States and Canada or 1-412-317-6671 when calling internationally, using replay pin number 10198733. A webcast replay will also be available at the webcast link above. About BioHarvest Sciences Inc. BioHarvest Sciences Inc. (NASDAQ: BHST) (FSE: 8MV0) is a leader in Botanical Synthesis, leveraging its patented technology platform to grow plant-based molecules, without the need to grow the underlying plant. BioHarvest is leveraging its botanical synthesis technology to develop the next generation of science-based and clinically proven therapeutic solutions within two major business verticals; as a contract development and production organization (CDMO) on behalf of customers seeking complex molecules, and as a creator of proprietary nutraceutical health and wellness products, which includes dietary supplements. To learn more, please visit Use of Non-IFRS Financial Measures This press release includes the following non-IFRS measure - Adjusted EBITDA, which is not a measure of financial performance under IFRS and should not be considered as an alternative to net income as a measure of financial performance. Adjusted EBITDA represents net income (loss) before interest, taxes, depreciation and amortization adjusted for stock-based compensation and fair value adjustment of convertible loan and or warrants as well as issuance of warrants. The company believes this non-IFRS measure, when considered together with the corresponding IFRS measures, provides useful information to investors and management regarding financial and business trends relating to the company's results of operations. However, this non-IFRS measure has significant limitations in that it does not reflect all the costs and other items associated with the operation of the company's business as determined in accordance with IFRS. In addition, the company's non-IFRS measures may be calculated differently and are therefore not comparable to similar measures by other companies. Therefore, investors should consider non-IFRS measures in addition to, and not as a substitute for, or superior to, measures of financial performance in accordance with IFRS. A reconciliation of Adjusted EBITDA to net income, its corresponding IFRS measure, is shown below. IFRS NET INCOME (LOSS) TO ADJUSTED EBITDA RECONCILIATION(Unaudited)(U.S dollars in thousands)Three-month period ended March 31, 2025 2024Net (loss) ($ 2,338 ) ($ 6,581 ) Depreciation and Amortization 399 205 Taxes 38 - Interest, net 361 97 Fair Value adjustment of derivative liability - Convertible loan - 4,618 Fair Value adjustment of derivative liability - Warrants - 408 Share Based Payment 132 133 Adjusted EBITDA (Non-IFRS) ($1,408 ) ($1,120 ) Forward-Looking Statements Information set forth in this news release might include forward-looking statements that are based on management's current estimates, beliefs, intentions, and expectations, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Launching new products is subject to risks and uncertainties including the risk that the market will not accept the product or that government approvals required for sale or import of the products will not be obtained. There is never an assurance that any product set will successfully disrupt established product categories. There is no assurance that shareholder value will increase or that the Company will maintain or improve current financial performance, as revenues and margins are dependent on a combination of factors such as supply chain efficiencies, input cost stability, marketing efficiencies and uncertain consumer preferences. Revenue projections are estimates and there is no assurance will occur when estimated as the timing is dependent on consumer acceptance and cost stability and other factors beyond company control. For the CDMO Services Business Unit, there is no assurance of additional future contracts, and readers are cautioned that increased revenue is not necessarily an increase in net income or profitability as costs will likely increase as well. All forward-looking statements are inherently uncertain and actual results may be affected by a number of material factors beyond our control. Readers should not place undue reliance on forward-looking statements. BHST does not intend to update forward-looking statement disclosures other than through our regular management discussion and analysis disclosures. There is no assurance that our initiatives such as digitization of production processes, increased capacity bioreactors, and consolidation of operations will enhance profitability which is subject to risks and uncertainties including changes in consumer demand, unexpected cost increases, unanticipated production disruptions and a myriad of other unpredictable factors that may impact profitability. Note: VINIA® has no affiliation with Keurig Dr. Pepper Inc. or Nespresso®. "Keurig®" and "K-Cup®" are registered trademarks of Keurig Dr. Pepper Inc. BioHarvest Corporate Contact:Dave Ryan, VP Investor Relations+1 (604) 622-1186info@ Investor Relations Contact:Lucas A. ZimmermanManaging DirectorMZ Group - MZ North America+1 (949) 259-4987BHST@ BioHarvest Sciences Statements of Financial PositionU.S. dollars in thousandsAs at March 31, 2025 As at December 31,2024 Assets Current assets Cash and cash equivalents $ 3,401 $ 2,390 Trade accounts receivable 1,476 1,116 Other accounts receivable 754 695 Inventory 4,012 3,655 Total current assets 9,643 7,856 Non-current Restricted cash 361 371 Property, plant and equipment, net 7,984 7,750 Right-of-use assets, net 8,603 9,024 Total non-current assets 16,948 17,145 Total assets$ 26,591$ 25,001 Liabilities Current liabilities Trade accounts payable$ 3,734$ 3,525 Other accounts payable 3,817 3,609 Deferred revenue 1,129 906 Lease liabilities 1,057 772 Loans 7,497 3,905 Liability for Agricultural Research Organization 1,482 1,140 Accrued liabilities 217 401 Total current liabilities 18,933 14,258 Non-current liabilities Lease liability 8,534 9,141 Liability to Agricultural Research Organization - 272 Total non-current liabilities 8,534 9,413 Shareholders' equity (deficit) Share capital and contributed surplus 97,880 97,748 Accumulated deficit (98,756 ) (96,418 ) Total Shareholders' equity (deficit) (876 ) 1,330 Total liabilities and shareholders' equity deficit$ 26,591$ 25,001 BioHarvest Sciences Statements of Loss and Other Comprehensive LossU.S. dollars in thousands, except per share dataThree-month period ended March 31, 2025 2024 Revenues $ 7,860 $ 5,344 Cost of revenues 3,265 2,341 Gross profit 4,595 3,003 Operating expenses Research and development 1,245 1,034 Sales and marketing 3,681 2,564 General and administrative 1,388 829 Total operating expenses (6,314 ) (4,427 ) Operating loss (1,719 ) (1,424 ) Finance income - - Finance expenses 581 5,157 Net loss before tax (2,300 ) (6,581 ) Taxes on income 38 - Net loss and comprehensive loss$ (2,338 ) $ (6,581 ) Basic and Diluted loss per share (0.13 ) (*) (0.48 ) Weighted Average Number of Shares Outstanding 17,327,716 (*) 13,745,997 BioHarvest Sciences Statements of Cash FlowsU.S. dollars in thousandsThree months period ended March 31, 2025 2024 Cash flows from operating activities: Net loss $ (2,338) $ (6,581) Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and Amortization 399 202 Fair value adjustments of Convertible loans - 4,618 Fair value adjustments of derivative liability - Warrants - 408 Interest over Agricultural Research Organization liability 70 92 Finance expense, net 299 70 Share based payment 132 133 Changes in assets and liabilities items: Change in trade accounts receivable (360 ) 53 Change in other accounts receivable (59 ) (266 ) Change in inventory (357 ) (210 ) Changes in trade accounts payable, other accounts payable and accrued liabilities 563 (134 ) Changes in deferred revenue 224 61 Cash used in operations (1,427 ) (1,554 ) Interest paid - (24 ) Net cash used in operating activities (1,427 ) (1,578 ) Cash flow from investing activities: Purchase of property and equipment (684 ) (222 ) Deposit of restricted cash for bank guarantee, net of drawing 4 - Net cash used in investing activities (680 ) (222 ) Cash flow from financing activities Repayments of lease liabilities (221 ) (129 ) Proceeds from drawing loans, net of repayments 3,343 - Exercise of options and warrants by employees and consultants - 13 Proceeds from issuance of units of securities - - Proceeds from issuance of convertible loans - - Repayments of principal and interest of convertible loans - - Net cash (used in) provided by financing activities 3,122 (116 ) Exchange rate differences on cash and cash equivalents (4 ) (3 ) Increase (decrease) in cash and cash equivalents 1,015 (1,916 ) Cash and cash equivalents at the beginning of the year 2,390 5,355 Cash and cash equivalents at the end of the year$ 3,401 $ 3,436 Significant non-cash transactions: Conversion of Convertible loans into shares - 17,170 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
Yahoo
17-04-2025
- Business
- Yahoo
ROTH Conference Celebrates 25 Years in Dana Point with Unforgettable Community Partnerships and Recognition
NEWPORT BEACH, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- via IBN -- The 37th Annual ROTH Conference welcomed thousands of participants from around the globe to Dana Point, California, where the event has been proudly hosted for the past 25 years. This year marked more than just another successful gathering of institutional investors, company executives, and industry visionaries. It was also a milestone in Roth Capital Partners, LLC's (ROTH) enduring commitment to the local community that has helped shape the event's identity over the last quarter-century. One of the most meaningful moments of the conference took place on March 17, when the City of Dana Point formally recognized Bryon Roth, Ted Roth, and Gordon Roth for their 25-year contribution to the city's cultural, economic, and philanthropic landscape. The recognition ceremony, coordinated by the Eco Yacht Group in collaboration with Dana Point officials, brought together mayors, community leaders, nonprofit founders, and ROTH team members to celebrate the positive local impact made possible by this long-standing partnership. Mayor Matthew Pagano and Mayor Pro Tem John Gabbard presented official certificates of recognition, applauding the Roth family's dedication to fostering opportunity, economic development, and charitable contributions since the conference began its residency in Dana Point. The honorees received custom gift baskets curated with premium items from local and sponsor partners including El Septimo cigars and cognac, Kindred Wines, Hook Hand Rum, Perduret Champagne, Once Upon A Coconut premium beverages, and several other thoughtful tokens of appreciation that reflect both the spirit of Dana Point and the caliber of the 'ROTH Experience'. Throughout the weekend, the conference's connection to the Dana Point community was woven into a number of thoughtfully planned experiences. In partnership with the City of Dana Point, Visit Dana Point, the Dana Point Chamber of Commerce, and local businesses such as the Dana Cliffs Marriott, attendees were welcomed not just as guests, but as contributors to a shared community story. ROTH worked with a local artist to create a custom welcome card that was placed in each hotel room, offering a heartfelt introduction to Dana Point's coastal heritage and creative spirit. A Dana Point Heritage Walk, held in conjunction with the Challenged Athletes Foundation charity event, gave guests the chance to explore the town's cultural and historical landmarks while engaging directly with local partners. The spirit of giving was further highlighted through support of the California Love Drop initiative, which provides meals and supplies to first responders and communities affected by California wildfires. ROTH's support of this initiative was represented by longtime partner Wing Lam, founder of Wahoo's Fish Tacos, and exemplifies the company's ongoing dedication to social impact initiatives that extend far beyond the financial sector. Two signature gatherings helped deepen the sense of connection between conference attendees and community leaders. The Eco Yacht Group's VIP 'Tide to Table' Dinner at Glasspar Seafood & Steakhouse and the Tide to Table Yacht Luncheon in Dana Point Harbor brought together a diverse group of innovators, creatives, ocean conservationists, and executives. These experiences were supported by local sponsors including Once Upon A Coconut, Luxicon, and Stillwater Spirits & Sounds. Guests enjoyed meaningful conversations around sustainability, entrepreneurship, and shared responsibility in a setting that was both elegant and grounded in community values. Among the many distinguished guests in attendance were ROTH CEO Sagar Sheth, CMO Isabel Mattson-Pain, ROTH Sustainability Banking Senior Advisor John Cavalier, Meta World Peace, Roma Stibravy, President of NGO Sustainability and UN Advisor to ROTH, Herbert (Beto) Bedolfe III, Founder of OCEANA, Executive Director of the Marisla Foundation, and Board Member of SIMA, Scott Kitcher, CEO of Sustain SoCal, Grammy-winning producer Jimmy Thomas, and leadership from organizations including Cox Communications, the Plastic Pollution Coalition, and the Surf Industry Manufacturers Association. Their presence spoke volumes about the type of environment ROTH continues to foster—one that blends innovation and investment with purpose and connection. 'The Dana Point community has been an incredible partner to us over the last 25 years,' said ROTH CFO Gordon Roth. 'We are honored and deeply grateful for the recognition from the city. But more importantly, we are proud of the meaningful relationships we've built and the positive impact we've been able to make together. From local nonprofits and small businesses to civic leaders and artists, this conference is a success because of the people who come together to make it so.' The ROTH Conference continues to be one of the premier investor events in the country, yet its strength lies in the relationships it cultivates—both in boardrooms and in the heart of Dana Point. As ROTH looks ahead to the next chapter, it remains committed to growing those relationships and deepening its impact as a partner, neighbor, and responsible corporate citizen. About ROTHROTH is a relationship-driven investment bank focused on serving growth companies and their investors. Our full-service platform provides capital raising, high-impact equity research, macroeconomics, sales and trading, technical insights, derivatives strategies, M&A advisory, and corporate access. Headquartered in Newport Beach, California, ROTH is a privately held, employee-owned organization and maintains offices throughout the U.S. For more information on ROTH, please visit Investor Contact:Roth Capital PartnersIsabel Mattson-PainManaging Director, Chief Marketing Officer949.720.7117, imattson-pain@ – Member FINRA/SIPC – Media Contact:IBNAustin, OfficeEditor@ in to access your portfolio
Associated Press
17-03-2025
- Business
- Associated Press
ConnectM to Present at the 37th Annual ROTH Conference
MARLBOROUGH, Mass., March 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ('ConnectM' or the 'Company'), a high-growth technology company on the leading edge of the electrification economy, will participate in the 37th Annual ROTH Conference being held March 16 to March 18, at the Laguna Cliffs Marriott Resort in Dana Point, California. ConnectM management will host one-on-one investor meetings during the event and will be available to hold meetings throughout the Los Angeles area through Wednesday, March 19. To schedule a meeting with Company executives, please contact Michael Serrano at RedChip at 1-407-644-4256 or via email at [email protected]. 'We look forward to meeting with investors this week,' said Bhaskar Panigrahi, Chairman and CEO of ConnectM. 'The recent 13G filing by an institutional investor, representing 6.9% of our outstanding shares, is a testament to the confidence in our growth strategy and the tremendous potential ahead. We are seeing strong momentum across all areas of our business, including our EV Solutions, building electrification, and expanding international presence. With our continued focus on high-margin, recurring revenue streams and the recently announced further reduction of liabilities, ConnectM is in an excellent position to deliver long-term value for our shareholders as we lead the way in the transition to a more electrified and sustainable economy.' The ROTH Conference, hosted by Roth Capital Partners, includes 1-on-1 and small group meetings, analyst-led fireside chats, industry keynotes and panel discussions featuring approximately 450 private and public companies in a variety of growth sectors including: Business Services, Consumer, Healthcare, Industrial Growth, Insurance, Resources, Sustainability, Technology, and Media & Entertainment. To learn more, visit About ConnectM Technology Solutions, Inc. ConnectM is a constellation of companies powering the next generation of electrified equipment, mobility and distributed energy—thus enabling a faster, smarter transition to a modern energy economy. The Company provides residential and light commercial service providers and original equipment manufacturers with a proprietary Energy Intelligence Network platform to accelerate the transition to all-electric heating, cooling, and transportation. Leveraging technology, data, artificial intelligence, and behavioral economics, ConnectM aims to lower energy costs and reduce carbon emissions globally. For more information, please visit: Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as 'may,' 'should,' 'could,' 'would,' 'expect,' 'plan,' 'anticipate,' 'intend,' 'believe,' 'estimate,' 'continue,' 'project' or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the 'Cautionary Note Regarding Forward-Looking Statements' section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2024. Such filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Contact: Investor Relations Dave Gentry, CEO
Yahoo
17-03-2025
- Automotive
- Yahoo
The Shyft Group to Participate in the 37th Annual ROTH Conference
NOVI, Mich., March 17, 2025 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, announced that management will attend the 37th Annual ROTH Conference in Dana Point, California on March 17, 2025 and will be hosting one-on-one meetings with institutional investors. About The Shyft GroupThe Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles and Services™ and Shyft Specialty Vehicles™. Today, its family of brands include Utilimaster®, Blue Arc™ EV Solutions, Royal® Truck Body, DuraMag® and Magnum®, Strobes-R-Us, Spartan® RV Chassis, Builtmore Contract Manufacturing™, and Independent Truck Upfitters. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 2,900 employees and contractors across campuses, and operates facilities in Arizona, California, Florida, Indiana, Iowa, Maine, Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo, Mexico. The Company reported sales of $786 million in 2024. Learn more at CONTACTS MEDIASydney MacheskyDirector, Corporate 586.413.4112 INVESTORS Randy Wilson Vice President, Investor Relations and Treasury 248.727.3755 View original content to download multimedia: SOURCE The Shyft Group, Inc. Sign in to access your portfolio
Associated Press
14-03-2025
- Business
- Associated Press
Rumble Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call as well as Investor Conference Participation
Rumble's Founder and CEO Chris Pavlovski to Hold a Post-Earnings Call Live Stream with Matt Kohrs LONGBOAT KEY, FL, March 14, 2025 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ: RUM) ('Rumble' or the 'Company'), the video-sharing platform and cloud services provider, today announced that it will release financial results for the fiscal quarter and full year ended December 31, 2024 before market open on Tuesday, March 25, 2025. The Company will host a conference call on the same day at 11:00 a.m. Eastern Time. Access to the live webcast and replay of the conference call, along with related earnings release materials, will be available here and on Rumble's Investor Relations website at Following the earnings call, Chris Pavlovski, Chairman, Founder and CEO of Rumble, will be interviewed by Matt Kohrs. The interview will be streamed live on the Matt Kohrs Rumble channel at using Rumble's streaming platform, Rumble Studio. Viewers will be able to submit questions to Mr. Pavlovski in the comments section of the live stream. Upcoming Investor Conference Rumble management will attend the 37th Annual ROTH Conference which will be held March 16-18, 2025, at The Laguna Cliffs Marriott in Dana Point, CA and participate in a fireside chat on Monday, March 17 at 1:00 p.m. PT. The fireside chat will be available in the Company Events section of Rumble's Investor Relations website at Shannon Devine 203-741-8811
