Latest news with #NTG
Yahoo
5 days ago
- Entertainment
- Yahoo
Ariana Grande Gets Calmly Abducted by a UFO in ‘Supernatural' Video
Ariana Grande is keeping the Eternal Sunshine era alive. On Monday, she dropped a new video for 'Supernatural,' repurposing a sci-fi scene from her Brighter Days Ahead short film for the visual. The Christian Breslauer and Ariana Grande-directed video sees Grande, dressed in a silk cream dress, walking through the debris of a city on fire. The pop star sings the lyrics as she looks at the aftermath of a disaster. More from Rolling Stone Connie Francis Reacts to Going Viral on Tiktok for 1961 B-Side 'Pretty Little Baby' Noah Cyrus Rides Into Nature's Depths in 'I Saw the Mountains' Video Brray, Feid Welcome De La Rose, NTG, Yan Block on 'Te Colaboro' Remix 'This love's possessin' me, but I don't mind at all/It's like supernatural,' Grande sings. 'It's takin' over me, don't wanna fight the fall/It's like supernatural.' Toward the end of the video, Grande walks toward a UFO-like beaming light. As she approaches it, Grande begins to levitate. 'Supernatural' is the fourth single off of Eternal Sunshine, which received a deluxe edition (and the accompanying short film) in March. 'Letting go is harder work than it seems, even when Grande's turning her pain into music,' read a Rolling Stone review of the deluxe album and film. 'But that's what makes these songs — like the rest of Eternal Sunshine — reach so deep.' Grande led the album with 'Yes, And?' in January 2024 and 'We Can't Be Friends (Wait for Your Love)' in March of that year. Following the LP's release, she dropped a video starring Penn Badgley for 'The Boy Is Mine' in June last year. In mid-April, the singer released a behind-the-scenes video of Brighter Days Ahead, her short film inspired by the 2004 indie classic Eternal Sunshine of the Spotless Mind. 'When we are young, sometimes we want to erase certain things or rewrite certain things that seem painful to us in the moment, but when we grow older, we would do anything to relive those moments,' Grande said in the clip. Best of Rolling Stone The 50 Greatest Eminem Songs All 274 of Taylor Swift's Songs, Ranked The 500 Greatest Albums of All Time
Yahoo
31-05-2025
- Business
- Yahoo
NTG Clarity Achieves Record Topline Performance in Q1 2025
Raises Full Year Revenue Guidance to Reflect Q1 Performance Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - NTG Clarity Networks Inc. (TSXV: NCI) (OTC Pink: NYWKF); NTG Clarity ("NTG" or the "Company") today reports its first quarter results for the quarter ended March 31, 2025 (all figures in Canadian Dollars). Q1 2025 HighlightsAll comparisons below are to the quarter ended March 31, 2024, unless otherwise noted Revenue grew 68% year-over-year to $19.7 million, driven by strong growth of offshore services, which grew 268% and the accelerating growth of NTGapps, which grew 151%. Gross Profit rose 51% year-over-year to $6.7 million, representing 34% of revenue, compared to $4.5 million and 38% in the prior year. Gross margin saw temporary pressure due to upfront travel and relocation costs associated with new client engagements—costs that are expected to normalize in future periods. Net Income was $2.1 million, or 11% of revenue, compared to $2.4 million or 20% in the prior year. The year-over-year decline reflects proactive investment in long-term growth initiatives, including expansion of our sales and account management teams—as well as the initiation of income tax provisions amounting to $1.2 million for the quarter. Net Income Before Income Taxes grew by 56% year-over-year. Adjusted EBITDA grew 45% to $2.9 million, or 15% of revenue, compared to $2.0 million or 17% of revenue in the prior year. Operating Cash Flow of $397 thousand. Free Cash Flow used of $17 thousand. "We've started 2025 by continuing our strong growth trajectory, fueled by the increasing demand for our offshore services and the momentum in our higher-margin software business, NTGapps," said Adam Zaghloul, Vice President of Strategy & Planning at NTG Clarity. "We're making strategic investments in sales, marketing, and operations today to support this growth and sustain our track record of top-line performance." "We are executing on our 2025 strategic priorities by leveraging the cost advantages and high-quality offerings of our offshore platform to deepen relationships with customers. At the same time, customer trials of NTGapps are starting to convert into full contracts. We also secured new clients this quarter through our referral network and look forward to demonstrating why NTG should play a larger role in supporting their digital transformation strategies." Financial Outlook for 2025 The strong start to 2025 gives us confidence to increase our full year revenue guidance to $78 million. The performance this quarter is also consistent with our Adjusted EBITDA margin range which provides us greater flexibility in hiring, onboarding, and training the talent needed to meet growing demand as well as expanding our sales team to continue driving outsized growth. While our current Adjusted EBITDA is tracking below the lower end of the target range, we anticipate margin improvement over the course of the year. This will be driven by near-term growth investments beginning to scale more efficiently relative to revenue. Revenue: Expected to be approximately $78 million Adjusted EBITDA Margin: Forecasted in the range of 16% - 20% In 2025 our strategic priorities are: Expand and solidify our position as an integral part of clients' long-term digital strategy, leveraging our superior cost structure, quality offerings, and trusted relationships built over multiple years of service. Win new customers through the expanding network effect of recommendations from current and past clients. Increase adoption and traction of NTGapps, positioning them as essential tools within our clients' digital ecosystems. Conference Call Details On Thursday, May 29, 2025, at 11:00 AM ET, management will host a conference call webcast to discuss the Company's financial and operating results. What: NTG Clarity Q1 2025 Earnings CallWhen: Thursday, May 29, 2025, at 11:00 AM ETWhere: Live webcast can be accessed from the Events page of NTG's website: Management will be hosting a Q&A at the end of the call; however, to streamline the earnings conference call, we ask any questions to be emailed along with the asker's name and company, if applicable, by the end of the day Wednesday, May 28, 2025, to: Adam Zaghloul, Vice President, Strategy & PlanningEmail: adam@ Income Statement Highlights for the Quarter Ended March 31, 2025 and 2024March 31, 2025 March 31, 2024 REVENUE $ 19,699,129 $ 11,755,520 COST OF SALES12,966,584 7,302,609 GROSS PROFIT $ 6,732,545 $ 4,452,911 Operating Expenses3,392,598 2,284,411 Other Expenses161,835 136,739 Exchange loss (gain) on translation(88,718 ) (346,105 ) Provision for income taxes1,172,168 0 Comprehensive Income $ 2,094,661 $ 2,377,866 per share (basic) $ 0.05 $ 0.06 per share (fully diluted) $ 0.04 $ 0.06 Balance Sheet Highlights March 31, 2025 December 31, 2024 Total Assets $ 30,859,346 $ 28,292,859 Total Liabilities $ 15,981,000 $ 15,691,675 Shareholder's Equity $ 14,878,345 $ 12,601,184 Non-GAAP Financial Measures NTG references Adjusted EBITDA, which is a non-IFRS (non-GAAP) measure and Adjusted EBITDA margin, which is a non-GAAP ratio. Adjusted EBITDA means adjusted earnings before interest, taxes, depreciation and amortization. EBITDA is equal to net income (loss) before income taxes plus finance costs plus depreciation. Adjusted EBITDA is equal to EBITDA before other discretionary expenses and expenses outside of the control of NTG. In NTG's case these are other income, share-based payments, and expenses related to foreign exchange. Adjusted EBITDA margin is Adjusted EBITDA as a percentage of total revenue. Adjusted EBITDA and Adjusted EBITDA margin are not recognized measures under IFRS. Management believes that in addition to net income (loss), Adjusted EBITDA and Adjusted EBITDA margin are useful supplemental measures as they provide an indication of the results generated by the Company's primary business activities prior to consideration of how those activities are financed, amortized, or how the results are taxed and consolidated in various jurisdictions and currencies as well as the cash generated by the Company's primary business activities without consideration of the timing of the monetization of non-cash working capital items. NTG also references Free Cash Flow, which is a non-IFRS (non-GAAP) measure. Free Cash Flow means cash provided by operating activities less capital expenditures. In NTG's case, Free Cash Flow is equal to net cash from operating activities as reported in the consolidated statements of cash flows, reduced by the purchase of property and equipment. Free Cash Flow is not a recognized measure under IFRS. Management believes that in addition to net cash from operating activities, Free Cash Flow is a useful supplemental measure as it provides insight into the cash generated by the Company's primary business activities after funding required capital expenditures, and it reflects the Company's ability to pursue strategic growth, repay debt, or return capital to shareholders. Readers should be cautioned, however, that Adjusted EBITDA and Adjusted EBITDA margin should not be construed as an alternative to net income determined in accordance with IFRS as an indicator of the Company's performance. Neither should Free Cash Flow be construed as an alternative to net cash from operating activities as determined in accordance with IFRS as an indicator of the Company's performance. The Company's method of calculating Adjusted EBITDA, Adjusted EBITDA margin, and Free Cash Flow may differ from other organizations and, accordingly, Adjusted EBITDA, Adjusted EBITDA margin, and Free Cash Flow may not be comparable to measures used by other organizations. The non-IFRS measures referenced in this release reconcile to the IFRS measures reported in the Consolidated Financial Statements as follows, unless reconciled elsewhere:For the three months ended Adjusted EBITDA March 31, 2025 March 31, 2024 Net Income (Margin) $ 2,094,661 $ 2,377,866 (11% ) (20% ) Add back: (Gain) loss on foreign exchange (594,623 ) (312,992 ) Depreciation 182,231 50,659 Amortization $ 132,183 132,183 Interest, net 60,095 74,374 Taxes 1,185,877 55,332 Other income (94,200 ) (66,001 ) Share-based payment 0 22,375 Loss on joint venture 0 0 Loss on disposal of assets 0 0 Exchange gain arising on translation of foreign operations [88,718 ] [346,105 ] Adjusted EBITDA (Margin) $ 2,877,506 $ 1,987,691 (15% ) (17% ) For the three months ended Free Cash Flow March 31, 2025 March 31, 2024 TOTAL CASH IN-FLOW FROM OPERATING ACTIVITIES $ 396,770 $ 798,118 Less: Purchase of property, plant and equipment 414,075 234,741 Free Cash Flow $ (17,305 ) $ 563,377 About NTG Clarity Networks Clarity Networks' vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking, and IT solutions to large enterprises including financial institutions and network service providers. More than 1,100 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises. For Further Information:Adam Zaghloul, Vice President, Strategy & PlanningNTG Clarity Networks 905-305-1325Fax: 905-752-0469Email: adam@ Forward-Looking InformationCertain statements in this release, other than statements of historical fact, are forward-looking information that involve various risks and uncertainties. Forward-looking information includes, but is not limited to, statements with respect to: 2025 financial guidance including anticipated revenue and adjusted EBITDA margin; anticipated activity levels and operating results; projections based on current backlog; corporate strategies; customer demand and competitive conditions in the markets in which the Company operates. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: future demand for the Company's products and services; the results of research and development activities; access to capital; intellectual property protection; general business, economic, competitive, political and social uncertainties; delays in obtaining governmental approvals; failure to obtain regulatory approvals; reliance on key personnel; stock market volatility; fluctuations in interest rates and exchange rates; and the impact of new laws and regulatory requirements. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. This press release contains future-oriented financial information and financial outlook information (collectively, "FOFI") about estimated annual revenue and adjusted EBITDA margin, all of which are subject to the same assumptions, risk factors, limitations, and qualifications as set out in the above paragraph. The actual financial results of the Company may vary from the amounts set out herein and such variation may be material. NTG and its management believe that the FOFI has been prepared on a reasonable basis, reflecting management's best estimates and judgments. However, because this information is subjective and subject to numerous risks, it should not be relied on as necessarily indicative of future results. Except as required by applicable securities laws, the Company undertakes no obligation to update such FOFI. FOFI contained in this news release was made as of the date hereof and was provided for the purpose of providing further information about the Company's anticipated future business operations on an annual basis. Readers are cautioned that the FOFI contained in this news release should not be used for purposes other than for which it is disclosed herein. Neither 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. 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
22-05-2025
- Business
- Yahoo
NTG to Announce First Quarter Financial Results on May 28, 2025 with Earnings Call to Follow
Toronto, Ontario--(Newsfile Corp. - May 22, 2025) - NTG Clarity Networks Inc. (TSXV: NCI) (OTC Pink: NYWKF) ("NTG" or the "Company") today announced that it expects to report its financial results for the three months ended March 31, 2025, before the opening of the market on Wednesday, May 28, 2025. On Thursday, May 29, 2025, at 11:00 AM ET, management will host a conference call webcast to discuss the Company's financial and operating results. What: NTG Clarity Q1 2025 Earnings CallWhen: Thursday, May 29, 2025, at 11:00 AM ETWhere: Live webcast can be accessed from the Events page of NTG's website: Management will be hosting a Q&A at the end of the call; however, to streamline the earnings conference call, we ask any questions to be emailed along with the asker's name and company, if applicable, by the end of the day Wednesday, May 28, 2025, to: Adam Zaghloul, Vice President, Strategy & PlanningEmail: adam@ About NTG Clarity Networks Inc. NTG Clarity Networks' vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking, and IT solutions to large enterprises including financial institutions and network service providers. More than 1000 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises. Forward Looking Information Certain statements in this release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The company assumes no obligation to update forward looking statements should circumstances or management's estimates or opinions change. For Further Information:Adam Zaghloul, Vice President, Strategy & PlanningNTG Clarity Networks 905-305-1325Fax: 905-752-0469Email: adam@ Neither 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. 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
12-05-2025
- Business
- Yahoo
NTG Nordic Transport Group publishes interim report for Q1 2025
Company announcement no. 8 – 2512 May 2025 NTG Nordic Transport Group publishes interim report for Q1 2025 The interim report for Q1 2025 is enclosed. In connection with publication of the results for Q1 2025, a conference call will be hosted on 13 May 2025 at 10:00 AM CEST. The conference call will be held in English and can be followed live via NTG's website; Additional information For additional information, please contact: Investor relations and press:Sebastian Rosborg,Head of Investor Relations +45 42 12 80 99 ir@ Attachments NTG interim report Q1 2025 Attachments Company announcement no. 8 2025 NTG Interim Report Q1 2025
Yahoo
09-04-2025
- Business
- Yahoo
NTG to Announce Fourth Quarter and Year End Financial Results on April 15, 2025 with Earnings Call to Follow
Toronto, Ontario--(Newsfile Corp. - April 9, 2025) - NTG Clarity Networks Inc. (TSXV: NCI) (OTC Pink: NYWKF); NTG Clarity ("NTG" or the "Company") today announced that it expects to report its financial results for the fourth quarter and year ended December 31, 2024, before the opening of the market on Tuesday, April 15, 2025. On Wednesday, April 16, 2024, at 11:00 AM ET, management will host a conference call webcast to discuss the Company's financial and operating results. What: NTG Clarity Year End 2024 Earnings CallWhen: Wednesday, April 16, 2024, at 11:00 AM ETWhere: Live webcast can be accessed from the Events page of NTG's website: Management will be hosting a Q&A at the end of the call; however, to streamline the earnings conference call, we ask any questions to be emailed along with the asker's name and company, if applicable, by the end of the day Tuesday, April 15, 2024, to: Adam Zaghloul, Vice President, Strategy & PlanningEmail: adam@ About NTG Clarity Networks Inc. NTG Clarity Networks' vision is to be a global leader in digital transformation solutions. As a Canadian company established in 1992, NTG Clarity has delivered software, networking, and IT solutions to large enterprises including financial institutions and network service providers. More than 1000 IT and network professionals provide design, engineering, implementation, software development and security expertise to the industry's leading enterprises. Forward Looking Information Certain statements in this release, other than statements of historical fact, are forward looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The company assumes no obligation to update forward looking statements should circumstances or management's estimates or opinions change. For Further Information: Adam Zaghloul, Vice President, Strategy & PlanningNTG Clarity Networks 905-305-1325Fax: 905-752-0469Email: adam@ Neither 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. To view the source version of this press release, please visit Sign in to access your portfolio
