A Closer Look Into Golden Matrix Group's (GMGI) Sweepstakes Business Segments: Adding to Meridianbet's Success
Sliema, Malta--(Newsfile Corp. - December 13, 2024) - Golden Matrix Group, Inc. (NASDAQ: GMGI), the parent company of renowned brands such as Meridianbet, has seen significant contributions from its sweepstakes business segments as well - RKings Competitions and Classics for a Cause. These two brands have emerged as strong performers within the company's portfolio, blending entertainment with broader impact and adding notable value to its overall operations. To view the full announcement,...
2024-12-13 9:04 AM EST
VueReal Highlights Revolutionary MicroLED Solutions at CES 2025
Waterloo, Ontario--(Newsfile Corp. - December 12, 2024) - VueReal, a pioneer in MicroSolid Printing technology, is excited to showcase its latest innovations for consumer electronics at CES 2025, January 7-10, in Las Vegas. These cutting-edge advancements are poised to redefine the future of displays and human-machine interfaces (HMI) for various devices, including TVs, tablets, IT displays, smartwatches, smartphones, automotive, and more. To view the full announcement, including downloadable...
2024-12-12 10:58 AM EST
Stonegate Capital Partners Updates Coverage on Aemetis, Inc. (AMTX) Q3 2024
Dallas, Texas--(Newsfile Corp. - December 11, 2024) - Aemetis, Inc. (NASDAQ: AMTX): Stonegate Capital Partners updates coverage on Aemetis, Inc. (NASDAQ: AMTX). Aemetis outlined a 5-year plan to reach $2.0B in revenue and $644M in adjusted EBITDA by 2028 vs F23 revenue and adjusted EBITDA of $186.7M and $(22.4)M. respectively. While this is a long-term plan, AMTX has demonstrated its capability to achieve its targets with several key developments this quarter. The Company has successfully...
2024-12-11 6:20 PM EST
Okogen Inc. Secures $3.3M to Advance Phase 2b Clinical Program for Pink Eye (Acute Infectious Conjunctivitis)
Plano, Texas--(Newsfile Corp. - December 11, 2024) - Okogen Inc., a company specializing in innovative eyecare solutions, today announced the successful completion of $3.3 million in financing. The funding will advance the company through the completion of the Phase 2b clinical program for acute infectious conjunctivitis ("AIC") and the development of an AI-driven image based evaluation platform designed for telehealth and at home application. These initiatives reinforce Okogen's mission to...
2024-12-11 8:14 AM EST
Stonegate Updates Coverage on Hooker Furniture Corporation (HOFT) Q3 FY25
Dallas, Texas--(Newsfile Corp. - December 6, 2024) - Hooker Furniture Corporation (NASDAQ: HOFT): Stonegate Capital Partners updates their coverage on Hooker Furniture Corporation (NASDAQ: HOFT). HOFT reported revenue, operating income, and adj EPS of $104.4M, ($7.3)M, and ($0.39), respectively. This compares to our/consensus estimates of $102.8M/$101.4M, $6.8M/$3.3M, and $0.53/$0.28. It is noted that revenues were slightly above consensus estimates this quarter, despite consolidated revenues...
2024-12-06 4:34 PM EST
Stonegate Capital Partners Updates 3Q24 Report on Steppe Gold Ltd. (STGO)
Dallas, Texas--(Newsfile Corp. - December 5, 2024) - Steppe Gold Ltd. (TSX: STGO): Stonegate Capital Partners Updates Coverage on Steppe Gold Ltd. (TSX: STGO). In April of 2024 the Company announced an agreement to acquire Boroo Gold from Boroo Singapore with closing announced on August 1, 2024, bringing the Boroo Mine located in Mongolia under the Steppe umbrella and creating the leading gold producer in Country. The Boroo Mine currently produces approximately 65Koz to 70Koz of gold per year...
2024-12-05 4:34 PM EST
Groundbreaking Research from UPMC Highlights Opioids' Suppressive Impact on Immune Checkpoint Inhibitors and the Potential of Axelopran, an Opioid Antagonist to Reverse It
San Francisco, California--(Newsfile Corp. - December 4, 2024) - Glycyx, a clinical-stage biopharmaceutical company advancing axelopran, a novel solution to improve outcomes for cancer patients undergoing immunotherapy, today spotlighted a significant new publication in the Journal for ImmunoTherapy of Cancer (JITC), that underscores the urgent need to address opioid-induced immunotherapy failure (OIIF). To view the full announcement, including downloadable images, bios, and more, click here....
2024-12-04 8:08 AM EST
Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 1Q 2025
Dallas, Texas--(Newsfile Corp. - December 2, 2024) - Incannex Healthcare Inc. (NASDAQ: IXHL): Stonegate Capital Partners updates their coverage on Incannex Healthcare Inc. (NASDAQ: IXHL). During 1Q 2025 the Company reported research and development costs of $2.9M, an increase of $0.3M from 1Q24. We expect R&D costs to continue to climb as the Company focuses on getting its drug candidates across the finish line. IXHL recovered 28.0% of these costs with an R&D tax incentive of $0.8M. We expect...
2024-12-02 4:48 PM EST
Golden Matrix Group (GMGI) Balances 85% Insider Ownership with Growing Institutional Backing Following Meridianbet Acquisition
Sliema, Malta--(Newsfile Corp. - November 29, 2024) - High insider ownership is often seen as a double-edged sword, but it also reflects strong leadership commitment. Following the acquisition of Meridianbet, 85% of shares in Golden Matrix Group (NASDAQ: GMGI) are held by insiders—a clear indication of alignment between leadership and shareholder interests. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Strong Insider Ownership with...
2024-11-29 7:44 AM EST
Stonegate Capital Partners Updates Coverage on Electro Optics Systems Holdings Ltd (EOS) 3Q 2024
Dallas, Texas--(Newsfile Corp. - November 22, 2024) - Electro Optics Systems Holdings Ltd (ASX: EOS): Stonegate Capital Partners updates their coverage on Electro Optics Systems Holdings Ltd (ASX: EOS). In November of 2024 EOS announced the signing of a binding agreement to divest the Company's EM Solutions segment for an enterprise value of $144.0M to Cohort, a UK based company. We note that this transaction triggers the repayment of its current debt facility. We estimate that following the...
2024-11-22 4:16 PM EST
Stonegate Updates Coverage on Burcon Nutrascience Corporation (BU) FY25 Q2
Dallas, Texas--(Newsfile Corp. - November 21, 2024) - Burcon Nutrascience Corporation (TSX: BU): Stonegate Capital Partners updates their coverage on Burcon Nutrascience Corporation (TSX: BU). In the second quarter of 2025, Burcon made significant strides in its strategic initiatives. The Company successfully ramped up commercial production of its canola protein isolate, marking a pivotal milestone in its go-to-market strategy. With over 80 prospective customers evaluating its protein...
2024-11-21 5:30 PM EST
Octaviant Financial Announces Strategic Initiative with Starr Insurance
New Brunswick, New Jersey--(Newsfile Corp. - November 21, 2024) - Octaviant Financial, Inc. (OFX), a recognized innovator in drug warranty and payment models, announced today that Starr Insurance will join Octaviant and Marsh, the world’s leading insurance broker and risk advisor, in offering drug warranty services that enable pharmaceutical companies to stand behind the effectiveness of high-cost therapies. Octaviant will provide its drug warranties under the terms of the partnership through...
2024-11-21 12:26 PM EST
Meridianbet (GMGI) and Crvena Zvezda Seal Euroleague's First Logo Integration Deal
Sliema, Malta--(Newsfile Corp. - November 21, 2024) - Meridianbet, a global sports betting and gaming brand, part of the Golden Matrix Group Inc. (NASDAQ: GMGI), has advanced its strategic partnership with Euroleague basketball powerhouse Crvena Zvezda. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: First permanent logo integration in European basketball Strong, ongoing partnership with a top-tier Euroleague club Strategic amid NBA's...
2024-11-21 12:22 PM EST
Boston Realty Advisors Manages Sale of 961 Commonwealth Avenue
Boston, Massachusetts--(Newsfile Corp. - November 18, 2024) - Boston Realty Advisors, the largest independent commercial real estate brokerage in the Boston area, represented 961 Commonwealth Avenue LLC in the sale of the retail property at 961 Commonwealth Ave., home to Boston Halal Restaurant and Brigham & Women's Hospital. To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: The property benefits from a fresh 15-year lease for Boston...
2024-11-18 1:19 PM EST
Stonegate Capital Partners Initiates Coverage on EnSilica PLC (ENSI)
Dallas, Texas--(Newsfile Corp. - November 14, 2024) - EnSilica PLC (AIM: ENSI): Stonegate Capital Partners initiates their coverage on EnSilica PLC (AIM: ENSI). To view the full announcement, including downloadable images, bios, and more, click here. Key Takeaways: Revenues increased by 23% to lb25.3 million (FY 2023: lb20.5 million). ASIC supply contract worth over $7 million in the e-mobility market. Organic investment of lb6.4 million in Intellectual Property ("IP") assets.
2024-11-14 4:20 PM EST
B2i Digital Announced as Marketing Partner for ROTH's 13th Annual Technology Conference
New York, New York--(Newsfile Corp. - November 11, 2024) - B2i Digital, Inc. is proud to announce its role as the marketing partner for the 13th Annual Technology Conference, hosted by ROTH at the Hard Rock Hotel in New York City on November 19 - 20, 2024. This invitation-only event will feature 1-on-1 and small group meetings with executives from over 100 public and private companies spanning the software and enterprise applications, data, analytics and AI, digital media, semiconductors,...
2024-11-11 10:52 AM EST
Stonegate Updates Coverage on BlackSky Technology, Inc. (BKSY) 3Q24
Dallas, Texas--(Newsfile Corp. - November 8, 2024) - BlackSky Technology, Inc. (NYSE: BKSY): Stonegate Capital Partners updates their coverage on BlackSky Technology, Inc. (NYSE: BKSY). BlackSky reported revenue, adj EBITDA, and EPS of $22.5M, $0.7M, and ($0.66), respectively. This compares to our/consensus estimates of $29.2M/$27.5M, $3.7M/$3.1M, and ($0.08)/($0.49). This marks the fourth quarter in a row of positive adjusted EBITDA, driven by revenue growth and strong operating leverage....
2024-11-08 9:18 AM EST
Stonegate Capital Partners Updates 3Q24 Report on OppFi, Inc. (OPFI)
Dallas, Texas--(Newsfile Corp. - November 8, 2024) - OppFi, Inc. (NYSE: OPFI): Stonegate Capital Partners updates coverage on OppFi (NYSE: OPFI). OppFi reported revenue, adj. Net Income, and adj. EPS of $136.6M, $31.5M, and $0.36, respectively. This compares to our/consensus estimates of $130.1M/$130.8M, $17.9M/$17.2M, and $0.21/$0.20. Net revenue margin was 66.7% for the quarter, which was a year over year margin expansion of 992 bps from 3Q23. The impressive performance this quarter is...
2024-11-08 9:11 AM EST
Stonegate Capital Partners Updates Coverage on Aquafil Group (ECNL.MI) Q3 2024
Dallas, Texas--(Newsfile Corp. - November 6, 2024) - Aquafil Group (MI: ECNL): Stonegate Capital Partners updates coverage on Aquafil Group (ECNL.MI). In 3Q24, ECNL observed continued improvement within the macro environment in both EMEA and Asia markets, with volumes growing year over year and aligning with company expectations. The Company experienced volume headwinds in North America, but signs of recovery were noted in both fiber product lines despite the impacts of Hurricane Helene in...
2024-11-06 12:21 PM EST
Stonegate Capital Partners Updates Coverage on Civeo Corporation (CVEO) 2024 Q3
Dallas, Texas--(Newsfile Corp. - November 5, 2024) - Civeo Corporation (NYSE: CVEO) Stonegate Capital Partners updates their coverage on Civeo Corporation. Civeo has consistently generated positive free cash flow every year since 2014 and continues to do so. In 3Q24, CVEO produced $28.3M in FCF, building on the $30.9M achieved in 2Q24. This quarter's FCF, while slightly lower than the previous quarter, still represents a strong performance. CVEO remains optimistic about maintaining positive...
2024-11-05 5:20 PM EST