NetworkNewsBreaks Archive - Page 117 of 2117

FridayAug 15, 2025 9:00 am

NetworkNewsBreaks – GlobalTech Corporation (OTCID: GLTK) Posts 23% Revenue Growth in Q2 2025 on Strong Telecom Performance

GlobalTech (OTCID: GTLK), a technology holding company specializing in artificial intelligence and big data solutions, reported Q2 2025 revenue of $5.63 million, up 23.3% from $4.56 million in the prior-year quarter, driven by a 39% year-over-year increase in international termination minutes. Net loss narrowed to $1.12 million, or $0.008 per share, from $1.23 million, or $0.009 per share, a year ago. Adjusted EBITDA loss improved to $1.84 million from $2.45 million, reflecting operational efficiencies and lower finance costs. Loss from operations was $0.96 million versus $0.92 million in Q2 2024, while non-GAAP loss from operations held flat at $0.69 million.…

ThursdayAug 14, 2025 3:37 pm

NetworkNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Narrows Q2 Loss 66% as E-Commerce Growth Offsets Healthcare Headwinds

NextPlat (NASDAQ: NXPL, NXPLW), a global consumer products and services company in healthcare and technology, reported Q2 2025 revenue of $13.2 million versus $17.0 million a year ago, reflecting strong e-commerce growth offset by declines in healthcare operations from lower prescription volumes and reduced 340B contract revenue. Gross margin fell to 21.8% from 34.5% on mix shifts and industry drug price pressures. Operating expenses dropped to $4.7 million from $16.8 million on the absence of prior-year non-recurring charges and cost-cutting measures, producing a net loss of $1.8 million, or ($0.07) per share, compared to a $5.3 million loss last year.…

ThursdayAug 14, 2025 2:46 pm

NetworkNewsBreaks – Lahontan Gold Corp. (TSX.V: LG) (OTCQB: LGCXF) Stands Distinct Against Walker Lane Backdrop

Lahontan Gold (TSX.V: LG) (OTCQB: LGCXF) is positioned as investors view the Walker Lane corridor in Nevada as a prime destination for gold development. A recent article discussing this reads, “Lahontan Gold Corp. stands out, not only for its robust land position, but also for the company’s focus on projects that blend historical production with scalable exploration and metallurgy. LGCFX’s flagship project is the Santa Fe Mine, a former producer in operation from 1988 to 1995, yielding 359,202 ounces of gold and 702,067 ounces of silver via open-pit heap leach. Santa Fe holds a NI 43-101 indicated resource of 1.539 million ounces of gold…

ThursdayAug 14, 2025 2:23 pm

NetworkNewsBreaks – Solowin Holdings (NASDAQ: SWIN) Targets $1 Billion AUM for Tokenized USD Money Market Product by Year-End 2025

Solowin (NASDAQ: SWIN), a financial services firm bridging traditional and digital assets, announced an initiative to reach US$1 billion in assets under management for its USD Money Market Real Yield Token (RYT) by the end of 2025. Launched April 15, 2025, through wholly owned subsidiary Solomon JFZ (Asia) Holdings Limited in collaboration with Standard Chartered, China Asset Management (Hong Kong), Libeara, and AlloyX, RYT offers institutional investors a compliant, yield-generating tokenized product with daily liquidity and multi-chain interoperability via partnerships with Polygon, Arbitrum, Solana, and Kucoin. Executives said the initiative reflects Hong Kong’s drive to become a global hub for…

ThursdayAug 14, 2025 1:46 pm

NetworkNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Signs LOI for Exclusive Nimbus Boats Distribution on Florida’s West Coast

Vision Marine Technologies (NASDAQ: VMAR), a leader in premium on-water experiences and owner of Florida-based dealership network Nautical Ventures, announced Nautical Ventures has signed a Letter of Intent with Nimbus Boats USA to exclusively distribute Nimbus powerboats on Florida’s West Coast. The agreement, expected to be finalized by March 31, 2026, would authorize Nautical Ventures to promote, sell and service Nimbus’s Tender, Commuter, Weekender and Coupe series beginning August 1, 2025. The move aims to broaden Vision Marine’s product portfolio, strengthen its Florida presence and capture demand in the fast-growing adventure-style boat segment. Florida remains the largest U.S. market for…

ThursdayAug 14, 2025 1:23 pm

NetworkNewsBreaks – ECGI Holdings Inc. (OTC: ECGI) Invests in AI Sales and Marketing Platform AuraChat Ahead of Major Product Launch

ECGI Holdings (OTC: ECGI), announced that its investment arm, Uplist Ventures, has made a strategic investment in AuraChat.ai, a sales and marketing automation platform powered by more than 25 proprietary AI models. The deal comes ahead of AuraChat’s planned September 2025 launch of AuraConnect™ 2.0, a competitive-intelligence upgrade expanding into sectors including automotive, real estate, and retail. AuraChat provides AI-driven voice, video, and messaging solutions in over 50 languages, delivering 24/7 customer service, lead follow-up, scheduling, and analytics. With nearly $400,000 in annual recurring revenue and recognition as one of UCLA Anderson School of Business’s Top 10 Startups, the company’s…

ThursdayAug 14, 2025 12:01 pm

NetworkNewsBreaks – SuperCom Ltd. (NASDAQ: SPCB) Q2 2025 Results Show Record First-Half Profitability, Strong U.S. Contract Wins

SuperCom (NASDAQ: SPCB), a global provider of secured e-Government, IoT, and cybersecurity solutions, reported Q2 2025 revenue of $7.14 million, with gross margin rising to 59.1% from 49.6%. Q2 operating income grew 187% to $1.1 million, while EBITDA rose 56% to $2.5 million. First-half 2025 net income climbed 79.5% to $5.3 million on gross margin expansion to 61.2% and doubled operating margins. The company ended Q2 with $15 million in cash and working capital of $40.8 million. Recent wins include over 30 new U.S. electronic monitoring contracts since mid-2024—expanding into 11 states—and national projects in EMEA. Management said strong execution,…

ThursdayAug 14, 2025 11:00 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) to Present at Webull Financial Biotech/MedTech Webinar Series

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharma company developing novel treatments for primary and metastatic cancers in the brain and central nervous system, announced it will present at the Webull Financial Corporate Connect Webinar Series: Biotech/MedTech, taking place virtually Aug. 19–21, 2025. To view the full press release, visit https://nnw.fm/NzZ1Q About CNS Pharmaceuticals, Inc. CNS Pharmaceuticals is a clinical-stage pharmaceutical company developing a pipeline of anti-cancer drug candidates for the treatment of primary and metastatic cancers of the brain and central nervous system. The Company's drug candidate TPI 287 is an abeotaxane, which stabilizes microtubules and inhibits cell division, causing apoptosis…

ThursdayAug 14, 2025 10:50 am

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Showcases Emergency Command Platform at Indonesia Disaster Expo

FingerMotion (NASDAQ: FNGR) announced that its subsidiary, Shanghai JiuGe Information Technology Co., Ltd., is presenting its Advanced Mobile Integrated Command and Communication Platform (C2 Platform) at the 2nd Indonesia International Emergency, Disaster Reduction and Rescue Expo, held Aug. 13–15, 2025, in Jakarta. The system integrates satellite communications, high-definition video, intelligent conferencing, UAV capabilities, and multi-network connectivity to enable uninterrupted command during crises, even without public networks. Already deployed in emergency vehicles across several Chinese cities, the platform has attracted interest from Indonesia’s National Disaster Management Agency and National Search and Rescue Agency. FingerMotion said the event marks a key step…

ThursdayAug 14, 2025 10:48 am

NetworkNewsBreaks – Newton Golf Company Inc. (NASDAQ: NWTG) Q2 2025 Revenue Jumps 154% on Strong Demand for Motion and Fast Motion Shafts

Newton Golf Company (NASDAQ: NWTG), a technology-forward golf company delivering physics-based performance innovations, reported Q2 2025 revenue of $2.1 million, up 154% from $813,000 in the year-ago quarter, with gross margin improving to 67.6% from 60.1%. First-half 2025 revenue rose 182% to $3.3 million, while net loss narrowed to $2.1 million from $2.4 million. The company cited rapid adoption of its new Fast Motion shaft—launched April 29—which generated more than $696,000 in gross sales in its first two months and has already surpassed 2,200 units sold in Q3. Additional highlights included surpassing 50 professional users across major tours, expanding global…

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