Annual Results 2025
Globenewswire· 2026-02-27 05:00
Core Insights - Schweiter Technologies reported a decline in net sales by 11% to CHF 904 million, with an adjusted decline of 8% when accounting for currency fluctuations [1][4][5] - The company generated an adjusted EBITDA of CHF 74 million, representing a margin of 8.3%, down from 9.4% in the previous year [1][4][5] - A free operating cash flow of CHF 39 million was achieved, and the net cash position improved to CHF 56 million, supported by effective working capital management [1][5] Business Performance - The divestment of the loss-making Bus & Rail business unit on July 31, 2025, streamlined the company's portfolio, resulting in a recognized loss of CHF 31 million [2] - The Display business faced lower sales due to weak economic conditions in Europe and North America, with a focus on innovation and sustainability in product offerings [6] - The Core Materials business performed solidly, driven by the wind energy sector, particularly in China, while profitability remained above the Group average [7] - The Architecture business experienced slightly lower sales, with regional variations, and aimed to transform from a facade panel manufacturer to a facade system solution provider [8] - The Transport & Industry business faced subdued customer demand but introduced new material solutions to enhance its offerings [9] Strategic Focus - The company is focusing on lightweight composite materials to address customer trends such as weight reduction and sustainability [3] - A strong emphasis on operational excellence and procurement measures has been implemented to optimize material expenses relative to net sales [3] Outlook - The short-term outlook remains challenging with limited visibility across key markets, but an upswing in Core Materials is expected in the second half of the year [11] - The company is committed to progressing its product portfolio transformation and maintaining cost optimization initiatives to safeguard margins [11]
Duos Technologies Group, Inc. Announces Pricing of $65 Million Public Offering of Common Stock
Globenewswire· 2026-02-27 01:02
Core Viewpoint - Duos Technologies Group, Inc. has announced a public offering of 8,666,666 shares of common stock, aiming to raise approximately $65 million in gross proceeds to support the expansion and commercialization of its Edge Data Center business [1][2]. Group 1: Offering Details - The public offering consists of 8,666,666 shares priced to generate about $65 million in gross proceeds, excluding underwriting discounts and expenses [1]. - Underwriters have a 30-day option to purchase an additional 1,299,999 shares to cover over-allotments at the public offering price [1]. - The offering is expected to close on or about March 2, 2026, pending customary closing conditions [1]. Group 2: Use of Proceeds - Net proceeds from the offering will be allocated to expand and accelerate the Edge Data Center business, as well as for working capital and general corporate purposes [2]. Group 3: Regulatory Information - The offering is made under a shelf registration statement on Form S-3, which was filed with the SEC on February 11, 2026, and declared effective on February 12, 2026 [3]. - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC and are available on their website [3]. Group 4: Company Overview - Duos Technologies Group, Inc. is based in Jacksonville, Florida, and specializes in intelligent technology solutions for Machine Vision and AI applications, including Edge Data Centers [5].
Renewal Fuels, Inc. (OTC: RNWF), Operating as American Fusion, Provides Update on Washington State Legal Matters
Globenewswire· 2026-02-27 01:01
SOUTHLAKE, Texas, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Renewal Fuels, Inc. (OTC: RNWF) (“RNWF”, “American Fusion” or the “Company”), provides the following update regarding its pending civil action in King County Superior Court (Case No. 25-2-32689-6). On February 26, 2026, the Court entered an order dismissing all claims against Justin Costello pursuant to Civil Rule 41. Because Mr. Costello is no longer a party to the action, the Court struck his Emergency Motion for Stay of All Proceedings. The Court separa ...
Enrollment Opens for K12-Powered Virtual Public Schools Serving Students Across Indiana
Globenewswire· 2026-02-27 00:25
Core Insights - Enrollment is now open for the 2026–2027 school year at tuition-free K12-powered virtual public schools in Indiana, including Hoosier College and Career Academy (HCCA), Indiana Digital Learning School (INDLS), and Indiana Gateway Digital Academy (INGDA) [1][5] Enrollment Information - Families can apply for enrollment at the respective school websites or by calling a dedicated phone number [2] - Enrollment is available to students statewide in Indiana [2] Program Features - The online public schools are tuition-free and provide a full-time education taught by Indiana-certified teachers, following a structured academic schedule [3][4] - Students engage in live instruction, independent coursework, and receive regular teacher support, simulating a public school experience at home [3] - The schools are accredited and students earn diplomas recognized by the state of Indiana [4] Student Engagement and Support - Parents are not required to teach; state-certified teachers deliver lessons while parents support daily learning [4] - Students can socialize through virtual clubs, group projects, competitions, field trips, and in-person events [4][8] School Specifics - HCCA serves grades 7–12 and focuses on career pathways, offering industry-relevant coursework and dual-credit options [9] - INDLS serves grades K–12 and provides a flexible learning environment with personalized instruction [10] - INGDA specializes in flexible education solutions for K-12 students, including those with unique needs [11] Company Background - K12, a Stride, Inc. portfolio brand, has been a leader in online public education for 25 years, supporting tuition-free virtual public schools across the nation [12]
Aura Declares Dividend of US$0.66 Per Share and US$0.22 Per BDR Based on Q4 2025 Results, Resulting in a Dividend Yield of 6.2%¹ in the LTM
Globenewswire· 2026-02-26 23:41
Core Viewpoint - Aura Minerals Inc. has declared a dividend of US$0.66 per common share, totaling approximately US$55.1 million, exceeding the minimum set in its Dividend Policy [1][4]. Dividend Announcement - The dividend will be paid in US dollars on March 18, 2026, to shareholders of record as of March 11, 2026 [2]. - Holders of Brazilian Depositary Receipts (BDRs) will receive US$0.22 per BDR, with payment expected around March 26, 2026 [3]. Financial Performance - In Q4, the company achieved record-high production at stable costs, supported by higher gold prices, resulting in record EBITDA [4]. - The trailing 12-month dividend and buyback yield stands at 6.2%, positioning Aura among leading gold miners for total shareholder returns [4]. Strategic Milestones - The company declared commercial production at Borborema, completed the MSG acquisition, secured an early-works license for Era Dorada, advanced the Matupá project, and signed a road-relocation agreement at Borborema [4]. Company Overview - Aura Minerals focuses on the development and operation of gold and base metal projects in the Americas, with six operating assets and several projects in various stages of development [6].
MOZAYYX Acquisition Corp. Announces Closing of Upsized $300,000,000 Initial Public Offering
Globenewswire· 2026-02-26 23:40
Company Overview - MOZAYYX Acquisition Corp. is a blank check company incorporated under the laws of the Cayman Islands, aiming to engage in mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities [3]. Initial Public Offering (IPO) Details - The company closed its upsized initial public offering of 30,000,000 units at a price of $10.00 per unit, resulting in gross proceeds of $300 million before deducting underwriting discounts and estimated offering expenses [1]. - The offering included the issuance of 3,900,000 units due to the underwriter's partial exercise of its overallotment option [1]. - The units began trading on the New York Stock Exchange under the ticker symbol "MZYX.U" on February 25, 2026 [1]. Unit Composition - Each unit consists of one Class A ordinary share and one-quarter of one redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at a price of $11.50 per share [2]. - Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols "MZYX" and "MZYX.WS," respectively [2]. Underwriting and Regulatory Information - Cantor Fitzgerald & Co. acted as the sole book-running manager for the offering [3]. - A registration statement on Form S-1 relating to the offering was filed with the SEC and declared effective on February 24, 2026 [5].
Veea Inc. Launches TerraFabric, Paving the Way to Operate AI and Autonomous Systems at the Edge
Globenewswire· 2026-02-26 23:26
Core Insights - Veea Inc. has introduced TerraFabric, a control plane designed to automate management of distributed edge environments, enabling organizations to manage AI workloads across multiple devices and locations efficiently [1][5][6] Group 1: Product Overview - TerraFabric is currently available for early deployments as both a standalone platform and as part of VeeaONE, Veea's edge computing platform [2] - The control plane enhances coordination among multi-vendor networks, allowing operators to enforce policies and manage software lifecycles effectively [1][6] - TerraFabric integrates with prpl LCM, an open-source lifecycle management engine, which has been successfully used to manage over 12 million AT&T gateways [8][9] Group 2: Industry Challenges - The edge computing industry has excelled in deploying hardware but faces challenges in operating it efficiently, particularly in managing multiple sites with varying requirements [3][4] - Organizations struggle with maintaining consistent security policies and software updates across different locations, leading to increased risks and manual workloads [4][5] Group 3: Features and Benefits - TerraFabric allows operators to define policies that are enforced uniformly across all levels, optimizing workload placement based on specific use cases [7] - The platform supports controlled software rollouts with health checks and rollback capabilities, ensuring system stability during updates [7][10] - It introduces "governed autonomy," allowing AI agents to operate within defined boundaries, enhancing trust in autonomous systems [11][12] Group 4: Immediate Value Proposition - On day one, operators can utilize TerraFabric to roll out AI model updates, publish network policies, and coordinate workflows across sites without manual integration [13][14] - The platform is designed to address common challenges faced during the transition from pilot to production in edge deployments [14] Group 5: Deployment Options - TerraFabric can be deployed as a standalone control plane or integrated within VeeaONE, allowing for flexibility in managing diverse infrastructure [15] - It can bridge VeeaONE and non-Veea environments, enabling organizations to automate their infrastructure as a single coordinated system [15] Group 6: Availability - TerraFabric is currently available for pilot deployments, with organizations encouraged to request early access or explore partnership opportunities [16]
Aura Announces Q4 2025 and FY 2025 Financial and Operational Results
Globenewswire· 2026-02-26 23:15
Core Insights - Aura Minerals Inc. reported record financial results for 2025, driven by higher production, increased metal prices, and stable costs, achieving an Adjusted EBITDA of US$547 million and a record average realized gold price of US$3,446/oz [2][3]. Financial Performance - Q4 2025 total production reached 82,067 gold equivalent ounces (GEO), an 11% increase from Q3 2025 and a 23% increase from Q4 2024 [5][13]. - FY 2025 total production was 280,414 GEO, up 5% from 2024, achieving the upper half of the guidance range [14]. - Q4 2025 net revenue was US$321.7 million, a 30% increase QoQ and an 88% increase YoY, with FY 2025 net revenue reaching US$921.7 million, up 55% YoY [15][16]. - Q4 2025 gross profit was US$202.9 million, a 36% increase QoQ and a 150% increase YoY, with a gross margin of 63% [21][23]. - Adjusted EBITDA for Q4 2025 was US$207.9 million, marking a 37% increase QoQ and a 162% increase YoY, with an Adjusted EBITDA margin of 65% [29][30]. Production and Sales - Q4 2025 sales volumes were 80,447 GEO, up 7% QoQ and 16% YoY, primarily driven by higher production [5][15]. - The average realized gold price in Q4 2025 was US$4,090/oz, a 21% increase QoQ and a 58% increase YoY [5][16]. - The company completed the acquisition of the MSG Gold Mine, contributing 4,761 GEO in December 2025 [6][8]. Cost Management - Q4 2025 cash cost was US$1,143/GEO, a 3% increase QoQ, while the All-in Sustaining Cost (AISC) was US$1,521/GEO, up 9% QoQ [17][19]. - FY 2025 AISC reached US$1,458/GEO, a 10% increase YoY, with guidance prices indicating a lower end of US$1,374 to US$1,492 [20]. Strategic Developments - The company announced the feasibility study results for the Era Dorada Project, projecting production of 111,000 GEO for the first four years [7]. - Aura received a construction license for the Era Dorada project and began early works, marking a significant milestone [10]. - An agreement was signed to relocate a federal road at Borborema, potentially increasing its reserves by 82% to 1.5 million ounces [11].
Clarus Sets Fourth Quarter and Full Year 2025 Conference Call for Thursday, March 5, 2026, at 5:00 p.m. ET
Globenewswire· 2026-02-26 23:15
Company Overview - Clarus Corporation is a global leader in designing and developing equipment and lifestyle products for outdoor enthusiasts, headquartered in Salt Lake City, Utah [3] - The company aims to provide safe, simple, effective, and aesthetically pleasing products to enhance outdoor pursuits and adventures [3] - Clarus markets its products under well-known brands such as Black Diamond®, Rhino-Rack®, MAXTRAX®, TRED Outdoors®, and RockyMounts®, sold through various channels including outdoor specialty retailers and online platforms [3] Upcoming Financial Results - Clarus Corporation will hold a conference call on March 5, 2026, at 5:00 pm ET to discuss its financial results for the fourth quarter and full year ended December 31, 2025 [1][2] - The financial results will be released in a press release after the close of regular stock market trading hours on the same day as the conference call [1]
Stellantis Publishes 2025 Annual Report and Files Form 20-F
Globenewswire· 2026-02-26 23:05
Stellantis Publishes 2025 Annual Report and Files Form 20-F AMSTERDAM, February 26, 2026 – Stellantis N.V. announced today that it published its 2025 Annual Report and filed its 2025 Form 20-F with the United States Securities and Exchange Commission. Stellantis’ Annual Report and Form 20-F are available under the Investors section of the Stellantis corporate website, where they can be viewed and downloaded1. Shareholders may request a hard copy of these materials, free of charge, by writing to investors.r ...