Archive for April 2023
Foraco International reports record first quarter 2023 revenue and 22% EBITDA margin
Foraco International SA has announced its first quarter 2023 results. The company set an all-time revenue record of US$ 88.4 million in the first quarter of 2023 compared to US$ 67.7 million in the first quarter of 2022, an increase of 30%. The last twelve months revenue reached a new high of US$ 351 million.…
Read MoreAdvanced Health Intelligence Ltd: Secures Convertible Note Facility
Advanced Health Intelligence Ltd. has advised shareholders that the company has placed AUD$1,976,000 via a convertible note offering to sophisticated investors. The company intends to raise up to USD$10,000,000 under the facility, and this amount is the first funding to be received from investors from active negotiations. AHI has a number of parties currently in…
Read MoreCannara Biotech Inc. reports Q2 2023 Financial Results with quarterly net revenues of $13 million, a 76% increase
Cannara Biotech Inc. has announced its fiscal second quarter 2023 financial and operating results for the three and six-month periods ended February 28, 2023. Six-month net revenues of $23.4 million were recorded, a 67% increase compared to first half 2022. The company had its eighth consecutive quarter of positive Adjusted EBITDA of $3.2M, a 1500%…
Read MoreViemed Accelerates Growth Through Acquisition of Tennessee Based Home Medical Products, Inc.
Viemed Healthcare, Inc. has announced entering into a definitive agreement to acquire Tennessee based Home Medical Products, Inc., a large regional provider of respiratory focused home medical solutions. The purchase of HMP is intended to launch the company’s acquisition growth initiatives with a stellar organization that has an extraordinary reputation with patients, payors, and physicians.…
Read MoreARHT Media Secures $0.5 Million Contract with Global Fortune 50 Client
ARHT Media Inc. has announced signing a new $0.5 million contract with a leading global Fortune 50 client. ARHT anticipates revenue from this contract in 2023. The company is excited to partner with this esteemed global brand on a worldwide activation that will seamlessly combine pre-recorded and live holographic streaming, ARHT is a global leader…
Read MoreHaivision Rejects Revised Non-Binding Expression of Interest
Haivision Systems Inc. announced that its board of directors has unanimously determined that the unsolicited, revised non-binding expression of interest received from Evertz Technologies Limited on April 14, 2023 is not in the best interests of Haivision and its stakeholders, and that Haivision should remain focused on executing its business plan and growth strategy. Haivision…
Read MoreHamilton Thorne to Participate in Bloom Burton & Co. Healthcare Investor Conference on April 25-26, 2023
Hamilton Thorne Ltd., a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, will participate in the Bloom Burton & Co. Healthcare Investor Conference on April 25-26, 2023. David Wolf, President and CEO and Francesco Fragasso, CFO of Hamilton Thorne Ltd., will represent the…
Read MoreCEMATRIX Announces 2022 Record Fourth Quarter and Annual Revenue
CEMATRIX Corporation announced the release of its consolidated financial results for the year ended December 31, 2022. It was a record year in terms of revenue and record sales in difficult circumstances. Revenues in 2022 grew 28% year over year. Most of the increase in revenues were derived from tunnel grouting applications. CEMATRIX Corporation, a…
Read MoreForaco International exits Russia
Foraco International SA announced it has signed a Preliminary Agreement with its partners to dispose of its participation in Russia. Foraco was present in Russia through a 50% stake into Eastern Drilling Company. Since 2010 the Company has been providing technical and out of the country support services to EDC until the beginning of 2022.…
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