Beauty salon

EQS-News: LION E-Mobility AG reaches revenue target for FY 2023 and forecasts revenue growth in 2024

Retrieved on: 
Wednesday, April 10, 2024

The robust and road-proven battery technology powers a diverse array of applications spanning various forms of mobility to energy storage.

Key Points: 
  • The robust and road-proven battery technology powers a diverse array of applications spanning various forms of mobility to energy storage.
  • Dr. Joachim Damasky, CEO von LION: “LION is steadfast in its commitment to its sustainable growth trajectory.
  • Alessio Basteri, Chairman of the Board of Directors of LION: ”Looking ahead, we are optimistic about our revenue prospects for the fiscal year 2024.
  • We are commited to sustained growth and see a huge potential of our business operations in the mid to long term.”

EQS-News: 1&1 with successful fiscal year 2023

Retrieved on: 
Wednesday, April 10, 2024

Revenue rose in 2023 by 3.4 percent to €4,096.7 million (2022: €3,963.7 million).

Key Points: 
  • Revenue rose in 2023 by 3.4 percent to €4,096.7 million (2022: €3,963.7 million).
  • EBITDA 2023 (earnings before interest, taxes, depreciation and amortisation) at €653.8 million (2022: €693.3) is in line with the company's forecast.
  • EBIT amounted to €455.8 million (2022: €534.9 million) in 2023, as expected 14.8 percent below previous year's figure.
  • Assuming 176.3 million shares entitled to dividend (as per 31/12/2022), this would result in a total disbursement of €8.8 million for fiscal 2022.

Prodware: Strong increase in Current Operating Income: €49.1 million (+68%) - Net Profit impacted by exceptional items

Retrieved on: 
Wednesday, April 10, 2024

With the product mix of recent acquisitions leaning towards more trading, EBITDA margin reached 18.7% in 2023.

Key Points: 
  • With the product mix of recent acquisitions leaning towards more trading, EBITDA margin reached 18.7% in 2023.
  • With reduced depreciation and provision expenses (€20.3 million in 2023 compared to €21.5 million in 2022), Current Operating Income saw a stronger increase to €49.1 million, resulting in a robust operating margin of 12.9%.
  • Financial Result stands at - €19.9 million in 2023, down by - €8.8 million from 2022.
  • This decrease is due to higher interest rates and an increase in debt resulting from acquisitions made during the year.

Exela Technologies Holdings, Inc. Reports Full Year 2023 Results

Retrieved on: 
Thursday, April 4, 2024

“2023 was a challenging year with focus on stabilizing revenues and recovering from the effects of our network outage in 2022.

Key Points: 
  • “2023 was a challenging year with focus on stabilizing revenues and recovering from the effects of our network outage in 2022.
  • We maintained our focus on cost management and leveraging automation, and have 2023 initiatives in process continuing into 2024 to achieve our margin improvement goals.
  • We improved gross margins and operating income, however we did not accomplish all of our goals in 2023 and have room to grow,” said Par Chadha, Executive Chairman of Exela Technologies.
  • Net Loss: Net loss for 2023 was $124.4 million ($125.1 attributable to Exela Technologies Inc), an improvement of $291.4 million compared with a net loss of $415.6 million in 2022.

Universal Stainless Reports Record Sales; Full Year 2023 Net Income Highest Since 2018

Retrieved on: 
Thursday, March 28, 2024

Net sales were up 12% to a record $79.8 million in the 2023 fourth quarter compared with the third quarter of 2023.

Key Points: 
  • Net sales were up 12% to a record $79.8 million in the 2023 fourth quarter compared with the third quarter of 2023.
  • Full year 2023 net sales increased 42%, to a record $285.9 million from $202.1 million in 2022.
  • Fourth quarter 2023 aerospace sales increased 15% sequentially to a record $61.9 million, or 77.6% of sales, compared with $54.0 million, or 75.7% of sales, in the third quarter of 2023.
  • Operating income rose 9% to $4.8 million in the fourth quarter of 2023 from $4.4 million in the 2023 third quarter.

Ivanti Recognizes Outstanding Partners with 2023 Partner of the Year Awards

Retrieved on: 
Tuesday, April 9, 2024

Ivanti , the tech company that breaks down barriers between IT and security so that Everywhere Work can thrive, today announced the winners of its 2023 Partner of the Year Awards.

Key Points: 
  • Ivanti , the tech company that breaks down barriers between IT and security so that Everywhere Work can thrive, today announced the winners of its 2023 Partner of the Year Awards.
  • The Partner of the Year awards honor Ivanti's top-performing partners and recognize their exceptional contributions to customers and business impact.
  • “2023 was a highly anticipated year for many of us, as it marked the much-awaited return to growth for our partners.
  • The awards spanned various categories and regions — each honoring exceptional achievements by Ivanti partners in their respective fields:
    Global Channel Sales Partner of the Year 2023: Softcat
    Global Distribution Partner of the Year 2023: Carahsoft
    EMEA Channel Sales Partner of the Year 2023: Softcat
    AMS Channel Sales Partner of the Year 2023: CDW
    APAC Channel Sales Partner of the Year 2023: Service Quality Australia
    EMEA Distribution Partner of the Year 2023: Infinigate
    AMS Distribution Partner of the Year 2023: Carahsoft
    APAC Distribution Partner of the Year 2023: Macnica Japan
    EMEA Services Partner of the Year 2023: MarXtar
    AMS Services Partner of the Year 2023: NCSi
    APAC Services Partner of the Year 2023: Crossroad Consulting Pte Ltd
    EMEA Breakout Partner of the Year 2023: Clever Choice
    EMEA Breakout Partner of the Year 2023: Invent
    AMS Breakout Partner of the Year 2023: Empower Solutions
    APAC Breakout Partner of the Year 2023: Acceron Infosol Pvt Ltd
    Award winners will be honored at the Ivanti Partner Summit on April 9, 2024 during the Ivanti Solutions Summit .

REKLAIM LTD Announces Q4 & 2023 Outcomes: Achieving Profitability with $872K in Profit and a 74% Surge in Annual Revenue

Retrieved on: 
Tuesday, April 9, 2024

Key Highlights from Reklaim's 2023 Performance:

Key Points: 
  • Key Highlights from Reklaim's 2023 Performance:
    Reklaim achieved 74% year-over-year revenue growth, reaching $4,111,927 in 2023 compared to $2,361,110 in 2022.
  • Q4 2023 revenue reached an all-time high of $1,416,230, marking an impressive 97% surge compared to the same period in 2022.
  • Sequentially, Q4 2023 revenue increased to $1,416,230 from $923,966 in Q3 2023, demonstrating a robust 53% growth.
  • Recurring Revenue and Operational Efficiency:
    Achieved a recurring revenue rate of 92% in 2023, a notable increase from 86% in 2022.

Zenoti releases The 2024 Beauty and Wellness Benchmark Report, the industry's definitive collection of essential data and business trends

Retrieved on: 
Monday, April 8, 2024

BELLEVUE, Wash., April 8, 2024 /PRNewswire-PRWeb/ -- Zenoti, the leading technology provider for the beauty and wellness industry, has released The 2024 Beauty and Wellness Benchmark Report, the only source of definitive benchmark data for salons, spas, and medical spas. This marks the third year Zenoti has developed the report as a critical growth resource for businesses across the industry.

Key Points: 
  • - Sudheer Koneru, Zenoti co-founder and CEO
    The 2024 report highlights eight key metrics reflecting revenue growth, provider performance, and customer engagement.
  • For each metric, Zenoti identifies data at three benchmark levels: top-earning businesses (the top 10%), high achievers (the top 25%), and the industry average.
  • The 2024 Beauty and Wellness Benchmark Report covers seven business segments: salons , barbershops , nail salons , membership-focused spas , non-membership spas, medical spas , and waxing centers .
  • This degree of segmentation makes it easy for nearly every beauty and wellness business to find benchmark data relevant to them.

CLICS Technology to Power Goldwell Digital Depot System

Retrieved on: 
Monday, April 8, 2024

SAN DIEGO, April 8, 2024 /PRNewswire/ -- Today, CLICS, LLC announced that it has reached a multi-year agreement to supply technology and services to power Kao Salon Division's breakthrough Goldwell Digital Depot System (DDS). CLICS has developed the first digitally controllable professional salon hair color line and automated Color-as-a-Service (CaaS). Under the agreement, CLICS is supplying its dispenser, mobile app, automated color supply chain, AI color matching technology, and service to Kao Salon Division.

Key Points: 
  • SAN DIEGO, April 8, 2024 /PRNewswire/ -- Today, CLICS, LLC announced that it has reached a multi-year agreement to supply technology and services to power Kao Salon Division's breakthrough Goldwell Digital Depot System (DDS).
  • Under the agreement, CLICS is supplying its dispenser, mobile app, automated color supply chain, AI color matching technology, and service to Kao Salon Division.
  • The ecologically friendly Goldwell canisters are placed in IoT Dispensers developed by CLICS which are controlled by a Goldwell Powered by CLICS App designed for Apple and Android compatible mobile phones and tablets.
  • Trevor Attenborough, Vice President of Kao Salon Division Americas said, "The Goldwell Digital Depot System represents one of the first truly transformative innovations in professional salon hair color in the last 40-years.

UTStarcom Reports Unaudited Financial Results for Second Half and Full Year 2023

Retrieved on: 
Friday, March 22, 2024

Equipment gross profit for the second half of 2023 was $0.8 million, compared to negative $0.3 million in the corresponding period in 2022.

Key Points: 
  • Equipment gross profit for the second half of 2023 was $0.8 million, compared to negative $0.3 million in the corresponding period in 2022.
  • Service gross profit for the second half of 2023 was $1.8 million, compared to $1.6 million in the corresponding period in 2022.
  • Operating loss for the second half of 2023 was $2.8 million, compared to $1.6 million in the corresponding period in 2022.
  • Net interest income for the second half of 2023 was $1.3 million, compared to $1.3 million in the corresponding period in 2022.