Latest News from Akhbar Elsyaha
Yahoo
32 minutes ago
- Business
- Yahoo
Enablence Technologies Inc. Announces Third Quarter Fiscal 2025 Financial Results
Ottawa, Ontario--(Newsfile Corp. - May 30, 2025) - Enablence Technologies Inc. (TSXV: ENA) ("Enablence" or the "Company"), a leading provider of optical chips and sub systems that perform communications, sensing and computing datacom, telecom, automotive and artificial intelligence (AI) applications has filed its audited financial statements for the third quarter ending March 31, 2025 and related management's discussion and analysis and certifications (collectively, the "Financial Statements"). Electronic copies of the Financial Statements are available on SEDAR ( under Enablence's issuer profile. Commenting on the Company's third quarter, fiscal year 2025 performance, CEO, Todd Haugen stated, "The macro-economic outlook has been disrupted by recent, short-term geo-political events that impacted supply chain operations of Enablence and the industry at large. Despite the challenges posed by these extraordinary events, I am pleased to report that we have been able to minimize the global impact of these events on our operational plan for the time-being and can report another strong quarter. Consequently, we remain committed to the lower end of the previously stated guidance in respect of our revenue target for Fiscal Year 2025." "Our order book is strong, and we continue to grow revenue in our core datacom business which is strengthening in line with expectations," said Haugen. "In addition, we are gaining new market share and customers in artificial intelligence and advanced vision businesses, especially in the LiDAR space as evidenced by the recent Light IC announcement unveiling the first FMCW chip for LiDAR applications. In terms of our strategic growth plan, I can report that demand continues to be strong across all three businesses – optical communications, optical sensing, and optical compute." Financial Highlights Enablence is pleased to provide the following highlights for the third quarter 2025FY (all dollar figures are expressed in thousands of United States dollars): Revenue Growth: Revenue for the three months ended March 31, 2025 was $1,248 as compared to $412 for the same period in the prior year, an increase of $836 or 203%. For the nine months ended March 31, 2025, revenue was $2,869, up 294% from $977 in the same period last year. Gross Margin Improvement: The company's gross margin declined by $172, with a reported gross margin of $(782) for the quarter, compared to $(610) in the previous year. While there was a nominal decline, the gross margin percentage improved significantly as capacity increased. Net Loss Increase: Enablence reported a net loss of $3,023, compared to a $2,069 net loss in the same quarter last year, an increase of 46%. The slightly higher loss was driven by investments in Sales & Marketing, R&D and investments in capacity. Improved Comprehensive Loss Position: The company's comprehensive loss increased to $4,384 for the quarter, compared to $2,954 in the same period last year. Stronger Cash Position: Enablence ended the quarter with $3,422 in cash and cash equivalents, a significant increase from $614 as of March 31, 2024, supporting its ongoing operations and future growth initiatives. Continuing Investment: Investors injected another $4,528 in new funding over the period as the Company continues to invest in manufacturing capacity and R&D as its products continue to gain significant traction. Outlook Based on the Company's current business outlook, management expects the overall performance for Fiscal Year 2025 to be as follows: Guidance in respect of our revenue target for FY25 remains $6M +/- $0.5M Based on current updated projections, we expect to become gross margin positive in calendar year 2025. The "Financial Highlights" above are qualified in their entirety by the Financial Statements, which are available on SEDAR ( under Enablence's issuer profile. For additional information on the Company, please refer to the investor presentation of the Company, which is available on Enablence's website ( in the "Corporate - Investors" tab. About Enablence Technologies Inc. Enablence is a publicly traded company listed on the TSX Venture Exchange (TSXV: ENA) that designs, markets and sells optical chips and sub systems, primarily in the form of planar lightwave circuits (PLC), on silicon-based chips for datacom, telecom, automotive and artificial intelligence (AI) applications. Enablence products serve a global customer base, primarily focused today on data center and other rapidly growing end markets. Enablence also works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR, and virtual and augmented reality headsets. In select strategic circumstances, the Company also uses its proprietary, non-captive fabrication plant in Fremont, California to manufacture chips designed by third party customers. For more information, visit: For more information contact: Stan Besko, MBA, CFOEnablence Technologies Todd Haugen, CEOEnablence Technologies Ali MahdaviCapital Markets & Investor Relationsam@ Media and AnalystsAlison ParnellHill and Kincaid Marketing & PRpress@ Cautionary Note Regarding Forward-Looking Information This news release contains forward-looking statements regarding the Company based on current expectations and assumptions of management, which involve known and unknown risks and uncertainties associated with our business and the economic environment in which the business operates. All such statements are forward-looking statements under applicable Canadian securities legislation. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. These statements are based on current expectations that involve several risks and uncertainties which could cause actual results to differ from those anticipated. Although the Company believes that the expectations reflected in the forward-looking statements contained in this news release, and the assumptions on which such forward-looking statements are made, are reasonable, there can be no assurance that such expectations will prove to be correct. We caution our readers of this news release not to place undue reliance on our forward-looking statements as a few factors could cause actual results or conditions to differ materially from current expectations. Additional information on these and other factors that could affect the Company's operations are set forth in the Company's continuous disclosure documents that can be found on SEDAR ( under Enablence's issuer profile. Enablence does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether because of new information, future events or otherwise. 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. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. To view the source version of this press release, please visit
Miami Herald
32 minutes ago
- General
- Miami Herald
Two boaters are rescued by helicopter after vessel overturns near Homestead
Two boaters were rescued off the coast of Homestead after their vessel overturned early Friday morning, authorities said. Around 3:40 a.m., Miami-Dade Fire Rescue responded to an emergency call about a boat that had people onboard and had overturned about three miles east of Homestead's Bayfront Park, 9698 SW 328th St., MDFR said. An air-rescue helicopter crew began searching for the stranded boaters and soon found them next to their small, overturned boat. Using a hoist basket, an air-rescue crew member was lowered into the water to secure the boaters and they were lifted into the chopper, fire rescue said. The boaters were taken back to the Herbert Hoover Marina at the park and did not suffer any injuries.
The Guardian
32 minutes ago
- General
- The Guardian
Women's Nations League: Wales and Scotland both relegated after defeats
Wales and Scotland both had their likely relegations confirmed while the Republic of Ireland enjoyed a late winner on a dramatic night of Women's Nations League action. Wales lost 1-0 away to Denmark in controversial fashion in Group A4. Rhian Wilkinson's team had realistically required victory in Odense to avoid being sent down to League B but Pernille Harder's 48th-minute strike consigned them to a third defeat of the campaign and bottom spot. It could have been a different story had Jess Fishlock's first-half effort been awarded, with her follow-up shot seemingly crossing the line but not given by the officials and with no VAR in operation, Wales went down narrowly. A 2-1 home loss to Denmark in April put Wales on the verge of relegation from the top tier and they got off to a poor start with defender Mayzee Davies forced off after only six minutes. The 18-year-old sustained a knee issue which could put in doubt her participation in this summer's European Championship. The Welsh did regroup and a moment of controversy occurred midway through the half when Ceri Holland was denied by Maja Bay Østergaard and Fishlock sent an effort towards goal, but Stine Ballisager got back to clear. Replays later appeared to show the ball had crossed the line, but it remained goalless at the break after Amalie Vangsgaard squandered a fine opportunity for Denmark and Harder was twice thwarted in quick succession. It would not take Harder long after half-time to break the deadlock, though, as the Danish forward slotted home in the 48th minute. Wales had chances but relegation to League B was confirmed. Melissa Andreatta began her tenure as Scotland head coach with a 1-0 defeat by Austria which confirmed their relegation and meant they are without a point from their five games to date. The lacklustre home side were fortunate to go into the interval level at Hampden Park with goalkeeper Lee Gibson in fine form. However, the more dominant visitors broke the deadlock in the 62nd minute of the Group A1 clash when ever-dangerous attacker Julia Hickelsberger glanced in a header from a corner. Scotland picked up later in the second half but ended the game still bottom of the tabl. Their final fixture of the campaign comes against the Netherlands on Tuesday for their final fixture, which will also be the final international outing of their captain Rachel Corsie, who came on as a substitute on Friday. Barcelona star Ewa Pajor scored twice within the opening nine minutes as Poland romped to a 4-0 Group B1 win over Northern Ireland in Belfast. Pajor celebrated her 100th senior international cap with a quickfire double at Seaview before Paulina Tomasiak and Adriana Achcinska put the game beyond Tanya Oxtoby's side, who travel to Bosnia and Herzegovina on Tuesday needing a point to finish second behind the Euro 2025-bound Poles. Sign up to Moving the Goalposts No topic is too small or too big for us to cover as we deliver a twice-weekly roundup of the wonderful world of women's football after newsletter promotion The hosts enjoyed a huge escape inside the opening 60 seconds when Pajor lobbed advancing goalkeeper Jackie Burns and saw her attempt bounce over the bar and on to the roof of the vacant net. However, the respite proved temporary and Pajor gave Poland a fifth-minute lead and then doubled her tally four minutes later after catching the keeper in possession. Paulina Tomasiak made is 3-0 before Adriana Achcinska added a fourth shortly after the restart. Northern Ireland finished strongly with Rebecca Holloway and Rebecca McKenna both going close to a consolation goal before substitute Emily Wilson hit the bar at the death. Substitute Emily Murphy's first senior international goal handed the Republic of Ireland a 2-1 comeback victory in Turkey to secure second spot in Group B2. Murphy's 89th-minute winner, which came after Busem Seker's own goal had cancelled out Kader Hancar's opener at the Esenler Stadium, sent Ireland into Tuesday night's home clash with group leaders Slovenia just three points adrift.
Western Telegraph
34 minutes ago
- Business
- Western Telegraph
Tuesday's EuroMillions estimated £199m jackpot would be UK record
The jackpot is an estimated £199 million and would be the largest prize the UK has seen, National Lottery operator Allwyn said. No-one won the EuroMillions jackpot on Friday, meaning the top prize rolls over into Tuesday's draw. Check those tickets, the EuroMillions results for Fri 30 May are: 4, 7, 14, 33 and 36, Lucky Stars 1 and 5. View draw details: — EuroMillions (@UK_EuroMillions) May 30, 2025 Andy Carter, senior winners' adviser at Allwyn – operator of The National Lottery, said: 'We are now on the verge of creating the biggest National Lottery winner this country has ever seen, as the EuroMillions jackpot will be an estimated £199 million this Tuesday. 'If a single UK ticket-holder wins the lot, they'll instantly become richer than the likes of Dua Lipa and Harry Kane whilst landing at the number one spot of The National Lottery's biggest wins. 'Get your tickets early to ensure you'll be in with a chance of a massive life-changing win.' An Anonymous UK ticket-holder scooped the existing record jackpot of £195 million on July 19 2022, while just two months earlier, Joe and Jess Thwaite, from Gloucester, won £184,262,899 with a Lucky Dip ticket for the draw on May 10 2022. The UK's third biggest win came after an anonymous ticket-holder scooped the £177 million jackpot in the draw on November 26 last year, while the biggest this year was £83 million in January.
Yahoo
34 minutes ago
- General
- Yahoo
Alcaraz wobbles but reaches French Open last 16
Carlos Alcaraz suffered a mid-match wobble before getting through to the last 16 (Dimitar DILKOFF) Reigning champion Carlos Alcaraz stumbled his way into the last 16 of the French Open on Friday with a 6-1, 6-3, 4-6, 6-4 win over Bosnian world number 69 Damir Dzumhur. Second seed Alcaraz broke twice in each of the first two sets and seemed to be cruising but a dogged Dzumhur refused to roll over and pinched the third set. Advertisement The 33-year-old Dzumhur had failed to get past the first round of qualifying at Roland Garros in his last four attempts, but he broke to open the fourth set and give Alcaraz greater cause for concern. Alcaraz's frustration grew when three break points slipped beyond his grasp the very next game. He eventually got back on serve at 3-3 though before another break put him within sight of victory. The Spaniard couldn't close it out initially but then earned a pair of match points on Dzumhur's serve, finally getting across the line at the second attempt to end his rival's spirited effort. "Today I honestly didn't enjoy it that much. I suffered quite a lot," said a relieved Alcaraz. Advertisement "That's why doing a really good result in a Grand Slam is really difficult because you have to maintain a really high level for three to four hours." Alcaraz said he had to dig deep after admitting his energy levels dropped after a dominant first two sets. "It was really difficult for me to boost myself. I had to give everything I had inside me. In the end I'm just proud about getting the win." Four-time Grand Slam winner Alcaraz advances to face US 13th seed Ben Shelton for a place in the quarter-finals after picking up his 18th win in 19 matches on clay this season. Australian Open semi-finalist Shelton is one of four Americans still in the men's draw. He knocked out Italian qualifier Matteo Gigante in straight sets after receiving a walkover in the second round. mw/nr
