Latest news with #NewsFeed
Cision Canada
a day ago
- Business
- Cision Canada
PUDO Inc. reports FY 2025 results
TORONTO, June 2, 2025 /CNW/ - PUDO Inc. ("PUDO" or the "Company") (CSE: PDO) (OTCQB: PDPTF), today filed audited financial results and operational highlights for the Fiscal 2025 year ended February 28, 2025 ("FY 2025"). * Comprehensive loss position decreased 77.6% Commented Elliott Etheredge, PUDO CEO, "We are very pleased with the revenue growth of more than 27% we experienced in FY 2025 and, in particular, with the increased momentum of the fourth quarter with revenue increasing by almost 70% year-over-year. Additionally, we are excited to report that the significant increase in operating cash flow, which was a positive $259,630, and the capital raise completed in March of 2025 has meaningfully enhanced our cash position and balance sheet strength. The PUDO team has been working very aggressively during the year to expand our customer base, our geographic coverage, and our service capabilities. During the course of FY 2025 we saw continued improvement in top line growth, cash generation, and the level of engagement with our customers. We are encouraged that this will continue into next year PUDO continues to scale the reach and capacity of its parcel services, solidifying its role as a vital component in modern e-commerce logistics. By expanding its network of participating PUDOpoints and forming strategic partnerships with leading retailers, SaaS platforms and 3PL providers, PUDO is streamlining the delivery and returns process for both merchants and consumers. These efforts are enabling a more flexible, customer-centric experience while simultaneously optimizing last-mile logistics for PUDO's partners. A complete copy of the audited consolidated financial statements and the Management's Discussion and Analysis Report for the year ended February 28, 2025, can be found on the CSE website at and on SEDAR at To signup for the PUDO News Feed please subscribe at For more information, please visit About PUDO Inc. PUDO Inc. is North America's only independent parcel pick-up and drop-off counter network. PUDO has created a Network of more than 1,200 storefront partners known as PUDOpoint Counters, strategically located very near to where people live, work and play. PUDO partners with retailers and logistics providers to offer a last-mile pick-up and returns network for ecommerce shoppers that reduces cost, increases convenience and provides package security to the last-mile of package logistics. Visit: Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO's technology and possible future expansions of PUDO's operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO's ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words "anticipate", "believe", "expect", "plan", "intend", "can", "will", "should", and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company's public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management's reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation 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 law.
Yahoo
a day ago
- Business
- Yahoo
PUDO Inc. reports FY 2025 results
TORONTO, June 2, 2025 /CNW/ - PUDO Inc. ("PUDO" or the "Company") (CSE: PDO) (OTCQB: PDPTF), today filed audited financial results and operational highlights for the Fiscal 2025 year ended February 28, 2025 ("FY 2025"). Year over Year FY 2025 FY 2024 % Change Revenue from Operations $4,150,465 $3,257,696 +27.4 % Gross Profit $1,429,868 $1,295,840 +10.3 % Comprehensive loss for the period ($106,078) ($499,676) -77.6 % Cash provided by operating activities $259,630 $18,810 1,280 % * Comprehensive loss position decreased 77.6% Commented Elliott Etheredge, PUDO CEO, "We are very pleased with the revenue growth of more than 27% we experienced in FY 2025 and, in particular, with the increased momentum of the fourth quarter with revenue increasing by almost 70% year-over-year. Additionally, we are excited to report that the significant increase in operating cash flow, which was a positive $259,630, and the capital raise completed in March of 2025 has meaningfully enhanced our cash position and balance sheet strength. The PUDO team has been working very aggressively during the year to expand our customer base, our geographic coverage, and our service capabilities. During the course of FY 2025 we saw continued improvement in top line growth, cash generation, and the level of engagement with our customers. We are encouraged that this will continue into next year PUDO continues to scale the reach and capacity of its parcel services, solidifying its role as a vital component in modern e-commerce logistics. By expanding its network of participating PUDOpoints and forming strategic partnerships with leading retailers, SaaS platforms and 3PL providers, PUDO is streamlining the delivery and returns process for both merchants and consumers. These efforts are enabling a more flexible, customer-centric experience while simultaneously optimizing last-mile logistics for PUDO's partners. A complete copy of the audited consolidated financial statements and the Management's Discussion and Analysis Report for the year ended February 28, 2025, can be found on the CSE website at and on SEDAR at . To signup for the PUDO News Feed please subscribe at For more information, please visit About PUDO Inc. PUDO Inc. is North America's only independent parcel pick-up and drop-off counter network. PUDO has created a Network of more than 1,200 storefront partners known as PUDOpoint Counters, strategically located very near to where people live, work and play. PUDO partners with retailers and logistics providers to offer a last-mile pick-up and returns network for ecommerce shoppers that reduces cost, increases convenience and provides package security to the last-mile of package logistics. Visit: Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO's technology and possible future expansions of PUDO's operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO's ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words "anticipate", "believe", "expect", "plan", "intend", "can", "will", "should", and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company's public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management's reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation 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 law. SOURCE PUDO Inc. View original content to download multimedia: 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
Cision Canada
27-05-2025
- Business
- Cision Canada
PUDO Inc announces earnings call for FY 2025
TORONTO, May 27, 2025 /CNW/ - PUDO Inc. ("PUDO" or the "Company") (CSE: PDO) (OTCQB: PDPTF), today announced that it will report its fiscal year 2025 financial results on June 2, 2025, after market close. The Company will issue its audited consolidated financial results via a news release at approximately 4:00 PM ET. Management will host a live webcast at 4:30 PM ET to discuss the results. The webcast will include a presentation by Elliott Etheredge, CEO, followed by a question-and-answer session. The live webcast can be accessed at or on the Company's website at Company News - Pudo Point Counters . To signup for the PUDO News Feed please subscribe at For more information, please visit About PUDO Inc. PUDO Inc. is North America's only independent parcel pick-up and drop-off counter network. PUDO has created a Network of more than 1,200 storefront partners known as PUDOpoint Counters, strategically located very near to where people live, work and play. PUDO partners with retailers and logistics providers to offer a last-mile pick-up and returns network for ecommerce shoppers that reduces cost, increases convenience and provides package security to the last-mile of package logistics. Visit: Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO's technology and possible future expansions of PUDO's operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO's ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words "anticipate", "believe", "expect", "plan", "intend", "can", "will", "should", and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company's public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management's reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation 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 law.
Yahoo
15-05-2025
- Business
- Yahoo
MangoApps Launches NewsFeed App for Microsoft Teams
The new app seamlessly integrates employee engagement, right where work happens. ISSAQUAH, WASHINGTON / / May 15, 2025 / MangoApps, the all-in-one AI-powered hub for employees, has launched its NewsFeed app for Microsoft Teams. This milestone further strengthens MangoApps' deep integration across Microsoft 365 and reinforces its mission to bring essential tools directly into employees' daily flow of work. The Newsfeed app adds a layer of employee engagement for organizations that rely on Teams for real-time communication. It brings company news, department updates, employee recognition, and social engagement into the same space where teams already collaborate-reducing the need to toggle between apps for broader organizational communication. "We've always believed that the best tools are the ones employees barely notice-they just work," said Anup Kejriwal, founder and CEO of MangoApps. "This launch brings our powerful engagement capabilities right into the heart of where collaboration already happens in Microsoft Teams, helping companies cut through the clutter and actually connect." The average desk worker toggles between 11 apps a day, losing nearly four hours a week to context switching. That constant disruption makes it harder to find what matters as 47% of digital workers say they struggle to locate the information they need. The NewsFeed app helps cut through this clutter by delivering updates, recognition, and company-wide communication in the flow of work. "We're pleased to see partners like MangoApps building innovative solutions that meet employees where they are," said Pete Daderko, Senior Director of Microsoft Teams Marketing at Microsoft. "By bringing critical communication updates directly into Microsoft Teams, MangoApps is helping organizations streamline workflows, improve engagement, and empower their workforce to stay connected and informed-all within the tools they already use every day." Highlights of the NewsFeed App for Teams: Integrated News Feed - A personalized "Recommended View" within Teams, keeps employees updated with relevant content without switching platforms. In-App Post Viewer - Engage with posts seamlessly inside Teams for immediate reactions and comments. Secure File Viewer - View attachments with a built-in file viewer that maintains security by restricting downloads. Fully White-Label Ready - Customize and deploy under your brand, offering a tailored experience for partners and clients. Seamless Cross-Platform Experience - Maintain consistent access across Teams Web and Desktop apps, Microsoft Outlook, and M365 environments. In addition to the NewsFeed app for Teams, MangoApps offers integrations with Outlook, SharePoint, OneDrive, and more. Download the comprehensive MangoApps + Microsoft Integration Guide, which outlines how organizations can create a more unified digital experience using tools they already rely on. To explore the Newsfeed app for Teams and start using it today, visit the MangoApps Listing in the AppSource Marketplace. About MangoApps MangoApps is the all-in-one AI-powered Employee Hub that combines communication, collaboration, training, and knowledge-sharing in one seamless experience. Built for both desk and frontline workers, it keeps everyone connected, informed, and productive. Trusted by leading enterprises around the world, MangoApps creates a smarter digital workplace for all your employees. Learn more at Contact Information Andy Tolton VP, Marketingandyt@ 681-2770 SOURCE: MangoApps View the original press release on ACCESS Newswire 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
Indian Express
12-05-2025
- Business
- Indian Express
Meet Fidji Simo, Instacart's turnaround specialist now incharge of ChatGPT at OpenAI
OpenAI has hired Instacart's CEO Fidji Simo to run its customer-facing products including ChatGPT, DALL-E, and GPT Store. Simo will be stepping into the new full-time role as CEO of Applications at OpenAI later this year. Applications is one of the three operational divisions at the Microsoft-backed startup, besides Research and Compute. All three verticals will continue to be overseen by Sam Altman, who said that he would remain in his position as CEO of the company. Simo will report directly to Altman while OpenAI COO Brad Lightcap, CFO Sarah Friar, and CPO Kevin Weil will report to her, according to a report by Bloomberg. The 39-year-old executive will be transitioning out of her role as head of the online grocery delivery platform over the next few months. 'Joining OpenAI at this critical moment is an incredible privilege and responsibility. This organisation has the potential of accelerating human potential at a pace never seen before and I am deeply committed to shaping these applications toward the public good,' Simo was quoted as saying by TechCrunch. In a post on X, she also clarified that she will continue to serve as chair of the Instacart board. Simo's move to OpenAI was announced just days after the ChatGPT maker revealed it is scrapping its controversial plan to become a for-profit company. As part of OpenAI's latest governance plan, the non-profit board will retain control over the public benefit corporation and become a major shareholder in it. 'Applications brings together a group of existing business and operational teams responsible for how our research reaches and benefits the world, and Fidji is uniquely qualified to lead this group,' Altman wrote in a blog post, adding that Simo has already contributed a great deal to the company since joining OpenAI's board last year. She also sits on the board of Shopify. so excited that @fidjissimo is joining openai in a new role: ceo of applications, reporting to me. i'll remain ceo of openai, but in this new configuration i'll be able to increase my focus on research, compute, and safety. these are critical as we approach superintelligence. — Sam Altman (@sama) May 8, 2025 So, what is Simo's background and career history? Will it help her turn OpenAI's consumer products into key revenue drivers? What is likely to be on her agenda as the head of applications? Take a look. Simo is originally from Sète, a small port city in the south of France. She grew up in a family of fishermen and was the first to graduate from high school, according to a report by Fortune. When she was 20 years old, she interned as a lobbyist for the fishing industry, as per a 2019 report by Marie Claire. Simo has a master of management degree from the HEC Paris business school. She spent four years working as a strategy manager at e-commerce company eBay. In 2011, Simo joined Facebook to run the company's advertising programme and launch ads on News Feed. A few years later, she became Facebook's director of product development and spearheaded the company's mobile-ad products. In 2019, Simo was chosen to be the head of the Facebook app, during which time she supervised the News Feed as well as Marketplace, Ads, Groups, Video, Stories, and more. She helped monetise the Facebook app and build the tech giant's advertising business during her stint at Meta (formerly Facebook). After joining Instacart's board in February 2021, Simo was tapped to be the CEO of the company a few months later. When she took over the reins as CEO, Instacart was facing intense competition from the likes of Amazon, Walmart and DoorDash. Its pandemic hyper-growth had stalled and valuations were collapsing. But Simo successfully steered the company back to growth amid the COVID-19 pandemic. She is credited with transforming the delivery service into a retail tech giant with a profitable advertising business. Under Simo's leadership, Instacart's self-serve advertising platform evolved from a basic ad offering to a retail media network that generated nearly $1 billion in annual revenue in 2024. She oversaw the launches of Carrot Ads and Carrot Insights as part of a broader retail media strategy that reportedly led to the platform being used by over 220 retailer banners and more than 7,000 CPG brands. In January last year, Instacart started showing customers personalised ads on its AI-powered smart shopping carts in physical stores. In 2023, Instacart became a publicly traded company with its IPO set at $30. It raised over $660 million at a valuation of $10 billion. Simo is considered to be the architect of Instacart's financial turnaround as she implemented various measures including freezing headcount, renegotiating cloud contracts, etc. As for Instacart's AI strategy, Simo announced the launch of Smart Shop in March this year. Smart Shop is designed to offer a personalised shopping experience for customers by leveraging advanced machine learning to understand their shopping habits and identify patterns in their dietary preferences. 'I think with AI, we're going to have way more ability to connect a lot more data, to mine that data to find better insights, and then to use those insights to tell people how to change their behavior,' Simo said in a 2024 interview with Fortune. Envisioning the use of AI in healthcare, Simo said at a conference, 'The beauty of AI is in the past, these data sets were very siloed, and even if you wanted to analyse a ton of genomics data, that was a huge endeavor that could take many months, let alone if you wanted to do it across all the data points I mentioned. But now, because we have these tools that allow us to analyse giant data sets, we're going to be able to understand patterns we couldn't understand before.' In 2023, Simo founded the Metrodora Institute after being diagnosed with postural orthostatic tachycardia syndrome (POTS), which is a disorder that reportedly affects the nervous system. Several doctors and neurologists had previously misdiagnosed her as a 'tired mom'. Metrodora partners with patients to enroll them in research and gather various data points on them such as their genetics, immune profiling, reported symptoms, environment, etc. Conversational shopping assistants and advertising tools are expected to be the next phase of AI development. Based on her past experience in retail media and advertising, Simo is uniquely positioned to build and expand OpenAI's offerings in this regard. Last month, ChatGPT's search functionality was upgraded to provide an improved and personalised online shopping experience for users. Now, users who look for products online using the Search feature in ChatGPT will see images of products as well as details such as pricing and reviews. The AI-generated search results will also include direct links to websites where they can buy those products. Aside from retail and advertising, Simo also brings monetisation expertise to the table as OpenAI looks to balance hyper-growth with rising compute costs.
