Latest news with #Management
IOL News
8 hours ago
- General
- IOL News
Celebrating the legacy of Mrs Sarmah or "Mummy" to her pupils: a guiding light in education
Shameena Sarmah, right, with her best friends and colleagues from the last three decades, from left, Nadeera Bhugwandass (principal) and Shona Singh. Image: Supplied Shameena Sarmah, a teacher at Isnembe Secondary, recently retired after 31 years. A former pupil, Dr Niksha Rajaram, who is now based in Germany, pays tribute to her. AS THE month of May drew to a close at Isnembe Secondary School, the air was tinged with both celebration and a touch of sadness. This year, we said goodbye to a pillar of our school community — the beloved Mrs Shameena Sarmah — who retired after an extraordinary 31 year career in education. Her departure marks the end of a deeply meaningful chapter in the life of the school and in the lives of those lucky enough to be taught by her. Mrs Sarmah's story is not just one of dedication to teaching, but of personal perseverance and inspiration. Before stepping into the classroom, she was a full-time housewife, a devoted mother and partner. But her aspirations didn't end there. With quiet determination, she pursued higher education later in life, earning her qualifications and proving that it's never too late to follow your dreams. Her journey from homemaker to highly-respected educator makes her a role-model for young women everywhere — a testament to strength, resilience, and the power of reinvention. Shameena Sarmah signed out for the last time on May 30. Image: Supplied Born in Chatsworth, Mrs Sarmah married Mr Tukal Sarmah and raised two daughters, while balancing her studies and her growing passion for teaching. She would go on to dedicate her professional life to Isnembe Secondary, where she taught English, technology, and Economic and Management Sciences with depth, warmth, and a motherly touch that endeared her to generations of pupils. I had the privilege of being one of those students from 2001 to 2008. During those years, Mrs Sarmah wasn't just my form teacher — she was a safe place, a guiding hand, and a nurturing presence. We affectionately called her 'Mummy,' and the name suited her perfectly. She stood by us fiercely and lovingly, never letting a child feel unseen or unheard. Her classroom was a sanctuary of calm in the often-chaotic world of was never one to raise her voice; or command respect through fear. Her strength was quieter, deeper — built on kindness, fairness, and genuine care. Even those children who struggled felt capable under her gentle guidance. She believed in us when we didn't yet believe in ourselves. Now a grandmother to four, Mrs Sarmah continues to nurture and care with that same unwavering tenderness. When she's not spending time with her family, you'll find her tending to her beloved roses — flowers that, like her, bloom with grace and resilience.I echo the sentiments of the principal, the SGB, staff and pupils of Isnembe Secondary when I say, she will be missed dearly. But her legacy of motherhood, mentorship, and empowerment will live on in every child she encouraged, every young woman she inspired, and every life she touched. Thank you, Mrs Sarmah. Thank you for being more than a teacher. Thank you for being our 'Mummy,' our guide, and our example of what it means to lead with love. THE POST
Yahoo
3 days ago
- Business
- Yahoo
Real Announces $150 Million Share Repurchase Authorization
MIAMI, May 30, 2025--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX), a technology platform reshaping real estate for agents, home buyers, and sellers, today announced that its Board of Directors has authorized a new share repurchase program for up to the lesser of $150 million in value, or 35 million in shares. "This new authorization reflects our Board's confidence in Real's long-term strategy, and our commitment to delivering value to shareholders," said Tamir Poleg, Chairman and Chief Executive Officer of Real. "We remain focused on disciplined capital allocation, including investing in innovation, supporting our agents, and returning capital to shareholders." The timing and total amount of stock repurchases will depend upon market conditions and may be made from time to time in open market purchases. This program has no termination date provided it continues to comply with exemptions from the issuer bid requirements of applicable Canadian securities laws at the applicable time. The program may be suspended or discontinued at any time and does not obligate the company to acquire any amount of common shares. About Real Real (NASDAQ: REAX) is a real estate experience company working to make life's most complex transaction simple. The fast-growing company combines essential real estate, mortgage and closing services with powerful technology to deliver a single seamless end-to-end consumer experience, guided by trusted agents. With a presence in all 50 states throughout the U.S. and Canada, Real supports over 27,000 agents who use its digital brokerage platform and tight-knit professional community to power their own forward-thinking businesses. Additional information can be found on its website at Forward-Looking Statements Some of the statements in this press release are "forward-looking statements," as that term is defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the stock repurchase authorization. These forward-looking statements are subject to risks, uncertainties and assumptions, including the risk that no shares are repurchased. Accordingly, these forward-looking statements should be evaluated with consideration given to the many risks and uncertainties that could cause actual results and events to differ materially from those in the forward-looking statements. They include the risks discussed under the heading "Risk Factors" in the Company's Annual Information Form dated March 6, 2025, and "Risks and Uncertainties" in the Company's Quarterly Management's Discussion and Analysis for the period ended March 31, 2025, copies of which are available under the Company's SEDAR+ profile at It is not possible for management to predict all the possible risks that could affect Real or to assess the impact of all possible risks on Real's business. View source version on Contacts Ravi JaniChief Financial Officerinvestors@ 908.280.2515For media inquiries, please contact:Elisabeth WarrickSenior Director, Marketing, Communications & Brandelisabeth@ 201.564.4221
Cision Canada
3 days ago
- Business
- Cision Canada
QYOU Media Reports Q1 FY 2025
Adjusted EBITDA Improves 26% Completes Strategic Re-Alignment Forming a Creator Economy and Social Media Marketing-Focused Business Model TORONTO, MUMBAI, India and LOS ANGELES, May 30, 2025 /CNW/ - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, is reporting financial results for the three months and quarter (Q1 FY 2025) ended March 31, 2025. Strategic Repositioning and Discontinued Operations On March 31, 2025, the Company completed the sale of its "Q" India Channel Business as part of a broader strategic realignment aimed at concentrating resources on its core influencer marketing businesses in North America and India. The repositioning initiative began in the third quarter of fiscal 2024, with the Company initiating the discontinuation of the Maxamtech mobile gaming business. The divestiture of the "Q" India Channel Business completes the Company's re-alignment strategy and enhances its long-term profitability profile. These actions have resulted in a short-term decrease in both quarterly revenue and operating expenses. Management views them as a proactive and intentional step toward optimizing the Company's financial performance. By focusing on the influencer marketing business, Management believes that the Company is better positioned to achieve sustainable and meaningful profitability. As a result of these discontinued operations, comparisons of financial performance for the first quarter of 2025 and future periods will exclude the discontinued business units. Year-over-year comparisons will be adjusted accordingly to reflect the Company's new strategic focus. The company recorded quarterly revenue of $5,726,804, a decrease of 12% compared to the same period prior year. This was primarily related to paused and delayed campaigns in the US business in response to global and market uncertainty in the quarter. Management believes that this shortfall will be recovered over the course of the 2025 fiscal year. For the period ended March 31, 2025 compared to the same period prior year, the Adjusted EBITDA of the continuing operations improved by $58,924 or 26% driven by the strategic cost control in all business units while continuing strategic investments in the workforce and relationships in the social media space. Cash increased by $306,891 or 32% to $1,253,675 as at March 31, 2025, compared to $946,784 as at December 31, 2024. Cash provided by continuing operating activities for the period ended March 31, 2025 was $683,523 compared to $169,233 in the same period prior year. The Company started generating working capital from the meaningful returns of the strategic investments made to the workforce and new relationships in the social media space combined with operating efficiencies across the Company. Net Loss from Continuing Operations grew 8% or $45,691. QYOU Media CEO and Co-Founder Curt Marvis commented, "There is a great deal of excitement throughout the company now that we have completed our strategic mission to focus 100% of our efforts on Influencer and Social Media Marketing, all the while surrounded by the burgeoning and undeniable growth in what has become known globally as the Creator Economy. When coupled with our continued efforts to move closer to becoming the first Influencer Marketing listed company in India on the BSE (formerly the Bombay Stock Exchange) via our India subsidiary, Chatterbox Technologies, all management shares in the enthusiasm for the positive opportunities that lie ahead. It has been a team effort all along the way and we could not be more excited about what the future holds for all employees and shareholders in the second half of 2025 and beyond". *Note on Adjusted EBITDA: To supplement our consolidated financial statements, which are prepared and presented in accordance with International Financial Reporting Standards ("IFRS"), we present Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA") which is a non-IFRS financial measure. The presentation of non-IFRS financial measurement are not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss or net income (loss) or any other performance measures derived in accordance with IFRS or as an alternative to net cash provided by operating activities or any other measures of cash flows or liquidity. We define earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") as revenue minus operating expenses excluding non-cash and or non-recurring operating expenses of stock-based compensation, marketing credits, depreciation and amortization (interest and taxes are not included in the Company's operating expenses). Adjusted EBITDA is used as an internal measure to evaluate the performance of our operating segments. We believe that information about this non-IFRS financial measure assists investors by allowing them to evaluate changes in operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and other factors that affect reported results. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Furthermore, this measure may vary among companies; thus Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies. About QYOU Media Among the fastest growing creator driven media companies, QYOU Media operates in India and the United States through its subsidiaries, producing, distributing and monetizing content created by social media influencers and digital content stars. Our influencer marketing business in India, Chtrbox, is an influencer and marketing platform and agency, connecting brands/products and social media influencers. In the United States, we power major film studios, game publishers and brands to create content and market via creators and influencers. Founded and managed by industry veterans from Lionsgate, MTV, Disney, Sony and TikTok. QYOU Media's millennial and Gen Z-focused content has reached more than one billion consumers. Experience our work at and Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of applicable securities laws. Words such as "expects'', "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein may include, but are not limited to, information concerning the completion of future investments, the approval of the Exchange of the investments, the approval of the Reserve Bank of India of future investments, the expected use of proceeds from the investment, and statements relating to the business and future activities of QYOU. These forward-looking statements are based on QYOU's current projections and expectations about future events and other factors management believes are appropriate. Although QYOU believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that the offering and the closing thereof will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond QYOU's control. Additional risks and uncertainties regarding QYOU are described in its publicly-available disclosure documents, filed by QYOU on SEDAR ( except as updated herein. The forward-looking statements contained in this news release represent QYOU's expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. QYOU undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
Yahoo
3 days ago
- Business
- Yahoo
QYOU Media Reports Q1 FY 2025
Adjusted EBITDA Improves 26% Completes Strategic Re-Alignment Forming a Creator Economy and Social Media Marketing-Focused Business Model TORONTO, MUMBAI, India and LOS ANGELES, May 30, 2025 /CNW/ - QYOU Media Inc., (TSXV: QYOU) (OTCQB: QYOUF) a company operating in India and the United States producing and distributing content created by social media stars and digital content creators, is reporting financial results for the three months and quarter (Q1 FY 2025) ended March 31, 2025. Strategic Repositioning and Discontinued Operations On March 31, 2025, the Company completed the sale of its "Q" India Channel Business as part of a broader strategic realignment aimed at concentrating resources on its core influencer marketing businesses in North America and India. The repositioning initiative began in the third quarter of fiscal 2024, with the Company initiating the discontinuation of the Maxamtech mobile gaming business. The divestiture of the "Q" India Channel Business completes the Company's re-alignment strategy and enhances its long-term profitability profile. These actions have resulted in a short-term decrease in both quarterly revenue and operating expenses. Management views them as a proactive and intentional step toward optimizing the Company's financial performance. By focusing on the influencer marketing business, Management believes that the Company is better positioned to achieve sustainable and meaningful profitability. As a result of these discontinued operations, comparisons of financial performance for the first quarter of 2025 and future periods will exclude the discontinued business units. Year-over-year comparisons will be adjusted accordingly to reflect the Company's new strategic focus. The company recorded quarterly revenue of $5,726,804, a decrease of 12% compared to the same period prior year. This was primarily related to paused and delayed campaigns in the US business in response to global and market uncertainty in the quarter. Management believes that this shortfall will be recovered over the course of the 2025 fiscal year. For the period ended March 31, 2025 compared to the same period prior year, the Adjusted EBITDA of the continuing operations improved by $58,924 or 26% driven by the strategic cost control in all business units while continuing strategic investments in the workforce and relationships in the social media space. Cash increased by $306,891 or 32% to $1,253,675 as at March 31, 2025, compared to $946,784 as at December 31, 2024. Cash provided by continuing operating activities for the period ended March 31, 2025 was $683,523 compared to $169,233 in the same period prior year. The Company started generating working capital from the meaningful returns of the strategic investments made to the workforce and new relationships in the social media space combined with operating efficiencies across the Company. Net Loss from Continuing Operations grew 8% or $45,691. QYOU Media CEO and Co-Founder Curt Marvis commented, "There is a great deal of excitement throughout the company now that we have completed our strategic mission to focus 100% of our efforts on Influencer and Social Media Marketing, all the while surrounded by the burgeoning and undeniable growth in what has become known globally as the Creator Economy. When coupled with our continued efforts to move closer to becoming the first Influencer Marketing listed company in India on the BSE (formerly the Bombay Stock Exchange) via our India subsidiary, Chatterbox Technologies, all management shares in the enthusiasm for the positive opportunities that lie ahead. It has been a team effort all along the way and we could not be more excited about what the future holds for all employees and shareholders in the second half of 2025 and beyond". *Note on Adjusted EBITDA: To supplement our consolidated financial statements, which are prepared and presented in accordance with International Financial Reporting Standards ("IFRS"), we present Earnings Before Interest Tax Depreciation and Amortization ("Adjusted EBITDA") which is a non-IFRS financial measure. The presentation of non-IFRS financial measurement are not intended to be considered in isolation from, or as a substitute for, or superior to, operating loss or net income (loss) or any other performance measures derived in accordance with IFRS or as an alternative to net cash provided by operating activities or any other measures of cash flows or liquidity. We define earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") as revenue minus operating expenses excluding non-cash and or non-recurring operating expenses of stock-based compensation, marketing credits, depreciation and amortization (interest and taxes are not included in the Company's operating expenses). Adjusted EBITDA is used as an internal measure to evaluate the performance of our operating segments. We believe that information about this non-IFRS financial measure assists investors by allowing them to evaluate changes in operating results of our business separate from non-operational factors that affect operating income (loss) and net income (loss), thus providing insights into both operations and other factors that affect reported results. A limitation of the use of Adjusted EBITDA as a performance measure is that it does not reflect the periodic costs of certain amortizing assets used in generating revenue in our business. Furthermore, this measure may vary among companies; thus Adjusted EBITDA as presented herein may not be comparable to similarly titled measures of other companies. About QYOU Media Among the fastest growing creator driven media companies, QYOU Media operates in India and the United States through its subsidiaries, producing, distributing and monetizing content created by social media influencers and digital content stars. Our influencer marketing business in India, Chtrbox, is an influencer and marketing platform and agency, connecting brands/products and social media influencers. In the United States, we power major film studios, game publishers and brands to create content and market via creators and influencers. Founded and managed by industry veterans from Lionsgate, MTV, Disney, Sony and TikTok. QYOU Media's millennial and Gen Z-focused content has reached more than one billion consumers. Experience our work at and Forward-Looking Statements This press release contains certain forward-looking statements within the meaning of applicable securities laws. Words such as "expects'', "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. The forward-looking statements contained herein may include, but are not limited to, information concerning the completion of future investments, the approval of the Exchange of the investments, the approval of the Reserve Bank of India of future investments, the expected use of proceeds from the investment, and statements relating to the business and future activities of QYOU. These forward-looking statements are based on QYOU's current projections and expectations about future events and other factors management believes are appropriate. Although QYOU believes that the assumptions underlying these forward-looking statements are reasonable, they may prove to be incorrect, and readers cannot be assured that the offering and the closing thereof will be consistent with these forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements as a result of numerous factors, including certain risk factors, many of which are beyond QYOU's control. Additional risks and uncertainties regarding QYOU are described in its publicly-available disclosure documents, filed by QYOU on SEDAR ( except as updated herein. The forward-looking statements contained in this news release represent QYOU's expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. QYOU undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. View original content to download multimedia: SOURCE QYOU Media Inc. View original content to download multimedia: Sign in to access your portfolio
Arabian Post
3 days ago
- Automotive
- Arabian Post
AVIS Singapore Leads Car Rental Industry with ISO 45001 Certification
AVIS sets a safety precedent, becoming Singapore's sole car rental firm certified to ISO 45001, meeting global standards. SINGAPORE – Media OutReach Newswire – 30 May 2025 – AVIS Singapore is the only car rental company in the country to have achieved ISO 45001 certification in December 2024, an international standard equivalent to Singapore's bizSAFE Star, demonstrating its commitment to the highest levels of occupational health and safety. AVIS Singapore personnel and their modern fleet, reflecting a commitment to safety, quality, and sustainable mobility solutions. Path to ISO 45001 Certification ADVERTISEMENT The attainment of ISO 45,001 reflects AVIS Singapore's dedication to robust health, safety, and operational standards, aligning with its 'Driven by Better' brand promise. This certification was enabled by implementing structured internal safety systems for proactive risk management across vehicle handling, premises, and customer interactions, ensuring a comprehensive approach to safety. A key enabler was a leadership-driven culture prioritising the safety, well-being, and accountability of all stakeholders. This was actively supported by systematic employee engagement through regular training and feedback mechanisms. Furthermore, comprehensive adherence to local regulatory requirements and globally recognised best practices in occupational health and safety management was ensured through a strategic partnership with certified consultants. Commitment to Quality and Environmental Responsibility Building on its priority of safety, AVIS Singapore also adheres to recognised standards in other key areas. Holding ISO 9,001 for Quality Management and ISO 14,001 for Environmental Management, the company affirms its focus on providing reliable car rentals with a continuous emphasis on service quality, maintaining a safe and healthy workplace for its employees, and proactively working to minimise its carbon footprint. In line with its environmental responsibility, AVIS Singapore is actively integrating vehicles with enhanced fuel efficiency into its fleet. This includes an increasing adoption of hybrid and electric vehicles (EVs), a focus aimed at offering customers renting cars in Singapore sustainable mobility solutions with reduced emissions and improved fuel economy. Upholding Service Excellence AVIS Singapore's ISO 45,001, ISO 9,001, and ISO 14,001 certifications assure customers of high standards across all services. Whether you require short-term car rental with well-maintained and reliable vehicles from a diverse fleet, car leasing with consistent quality for extended transportation needs across Singapore and into Malaysia, or chauffeur service ensuring secure and professional transport throughout the region, AVIS Singapore's commitment to safety, quality, and sustainability benefits every journey. Learn more at AVIS Singapore's website. Hashtag: #CarRental #Avis #ISO45001 The issuer is solely responsible for the content of this announcement. AVIS Singapore AVIS Singapore, part of Avis Budget Group since 1961, leads the local car rental market. Located strategically at Changi Airport (Terminals 2 and 3) and Havelock Road, AVIS offers reliable rental solutions. As a member of the globally recognised Avis Budget Group — operating in 180 countries with over $12B in revenue — AVIS Singapore embodies the group's commitment to innovation, customer focus, and sustainable mobility.
