Latest news with #AVI
Business Wire
06-06-2025
- Business
- Business Wire
AVI Calls for Changes at Gerresheimer
LONDON--(BUSINESS WIRE)--Asset Value Investors ('AVI') has sent an open letter to the Supervisory Board of Gerresheimer AG ('Gerresheimer') calling for it to make changes to its financial leadership. You can find the published letter here. AVI invested in Gerresheimer in 2024 and manages a 3.5% stake on behalf of institutional clients. Gerresheimer holds a valuable position in the Containment Solutions & Delivery Systems industry, with high barriers to entry and attractive long-term growth prospects. These have been reaffirmed in 2025 with reports of private equity interest in Gerresheimer. This value is not currently reflected in its shares, which trade at a substantial discount to their sum-of-the-parts. The shares now sit some -56% below their 52-week high. Shareholder value is at risk. AVI believes that: New financial leadership is required to repair the relationship with the market and restore credibility. Gerresheimer should establish a capital allocation committee to oversee and review the Company's capital allocation and capital structure. Gerresheimer should look to exit Moulded Glass. Time is of the essence and a new and improved plan for Gerresheimer should be presented at a capital markets day later this year. Joe Bauernfreund, CEO and CIO of AVI, commented: 'Gerresheimer is a leading player in the Containment Solutions and Delivery Systems industry, which offers attractive growth. We believe that Gerresheimer should benefit from this. 'We understand the market's scepticism surrounding Gerresheimer and we believe that these steps are the key to unlocking value and repairing its relationship with the market.' Wilfrid Craigie, Senior Investment Analyst at AVI, added: 'Despite the strategic transformation to move Gerresheimer higher up the value chain, we believe that the market is assigning Gerresheimer a large discount, leading to its current valuation. 'We believe that Gerresheimer's current valuation is being dragged down by Moulded Glass, and the best way to improve its financial profile and valuation is to perform a swift strategic review to exit it.' About Asset Value Investors: AVI is an investment management company established in London, United Kingdom, in 1985. AVI has invested in Global and Japanese equities for nearly 40 years. AVI manages AVI Global Trust plc ("AGT"), AVI Japan Opportunity Trust plc ("AJOT"), and MIGO Opportunities Trust ("MIGO"). AGT, AJOT, MIGO are public companies whose shares are listed and traded on the main market of the London Stock Exchange.
Business Wire
30-05-2025
- Business
- Business Wire
Everybody Loves Languages Reports Financial Results for the First Quarter Ended March 31, 2025
TORONTO--(BUSINESS WIRE)-- Everybody Loves Languages Corp. (' ELL ') (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), an edtech language learning edutainment and content development company, announces its financial results for the first quarter ended March 31, 2025. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted. Operational Highlights Online English Language Learning: AcadeMe Junior Launched AVI - an AI based online tutor Added Gameficiation throughout the platform Added a teacher feature to enable flexible lesson assignment Developed 90 new lessons focusing on grammar and vocabulary Portuguese Course Refreshed material and developed additional lessons for the advanced levels English for Success Initiated a native app development project Content Based Learning: Continued to receive feedback from the Ministry of Education in China and teachers to adjust and modify content as required Q1 2025 Financial Highlights Revenue for the first quarter ended March 31, 2025 totalled $362,953 as compared to $149,977 in Q1 2024. Operating and development expenses for the quarter ended March 31, 2025, totalled $521,276 compared to $492,225 in Q1 2024. Net loss for the quarter ended March 31, 2025, totalled $(171,434) or $(0.00) loss per share (basic) based on 35.6 million shares or $(0.00) loss per share (diluted) based on $36.1 million shares as compared to a net loss of $(300,461) for 2024 or $(0.01) loss per share (basic and fully diluted). Loss before amortization, share-based payments, depreciation, finance charges and taxes was $(158,323) compared to $(436,754) in 2024. 'Everybody Loves Languages has introduced several important new features, most notably an AI-based tutor named AVI. We remain committed to enhancing our platform and are optimistic about a positive response from the market,' said Gali Bar-Ziv, President & CEO of Everybody Loves Languages. The interim condensed financial statements for the quarter ended March 31, 2025, and Management Discussion & Analysis are available at About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA): Everybody Loves Languages Corp. is an edtech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. The company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide innovative SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China. Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and China, and continues to expand its product offerings and extend its market reach. Follow Everybody Loves Languages on social media: Portions of this press release may include "forward-looking statements" within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Everybody Loves Languages has tried to identify these forward-looking statements by using words such as "may," "should," "expect," "hope," "anticipate," "believe," "intend," "plan," "estimate" and similar expressions. Everybody Loves Languages' expectations depend upon general economic conditions, the continued and growth in demand for its products, retention of its key management and operating personnel, its need for and availability of additional capital and other uncontrollable or unknown factors. No assurance can be given that the actual results will follow the forward-looking statements. Except as otherwise required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, changed circumstances or any other reason. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian securities regulators available on
Yahoo
30-05-2025
- Business
- Yahoo
Everybody Loves Languages Reports Financial Results for the First Quarter Ended March 31, 2025
TORONTO, May 30, 2025--(BUSINESS WIRE)--Everybody Loves Languages Corp. ("ELL") (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), an edtech language learning edutainment and content development company, announces its financial results for the first quarter ended March 31, 2025. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted. Operational Highlights Online English Language Learning: AcadeMe Junior Launched AVI - an AI based online tutor Added Gameficiation throughout the platform Added a teacher feature to enable flexible lesson assignment Developed 90 new lessons focusing on grammar and vocabulary Portuguese Course Refreshed material and developed additional lessons for the advanced levels English for Success Initiated a native app development project Content Based Learning: Continued to receive feedback from the Ministry of Education in China and teachers to adjust and modify content as required Q1 2025 Financial Highlights First Quarter Ended March 31st 2025 2024 Revenue $ 362,953 $ 149,977 Operating and development expenses 521,276 492,225 Loss before amortization, share-based payments, depreciation, finance charges and taxes (158,323) (436,754) Amortization, share-based payments, and depreciation 10,163 14,408 Finance charges, taxes and foreign exchange 2,948 (56,195) Net loss (171,434) (300,461) Loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (164,424) (293,480) Total comprehensive income (170,506) (312,327) Total comprehensive loss for the period attributable to: Non-controlling interest (7,010) (6,981) Shareholders of Everybody Loves Languages Corp. (163,496) (305,346) Earnings per share (basic) $ (0.00) $ (0.01) Earnings per share (fully diluted) $ (0.00) $ (0.01) Revenue for the first quarter ended March 31, 2025 totalled $362,953 as compared to $149,977 in Q1 2024. Operating and development expenses for the quarter ended March 31, 2025, totalled $521,276 compared to $492,225 in Q1 2024. Net loss for the quarter ended March 31, 2025, totalled $(171,434) or $(0.00) loss per share (basic) based on 35.6 million shares or $(0.00) loss per share (diluted) based on $36.1 million shares as compared to a net loss of $(300,461) for 2024 or $(0.01) loss per share (basic and fully diluted). Loss before amortization, share-based payments, depreciation, finance charges and taxes was $(158,323) compared to $(436,754) in 2024. "Everybody Loves Languages has introduced several important new features, most notably an AI-based tutor named AVI. We remain committed to enhancing our platform and are optimistic about a positive response from the market," said Gali Bar-Ziv, President & CEO of Everybody Loves Languages. The interim condensed financial statements for the quarter ended March 31, 2025, and Management Discussion & Analysis are available at About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA): Everybody Loves Languages Corp. is an edtech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. The company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide innovative SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China. Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and China, and continues to expand its product offerings and extend its market reach. Follow Everybody Loves Languages on social media: Facebook: Twitter: twitter@elltechnologies YouTube: Everybody Loves Languages (ELL) LinkedIn: Portions of this press release may include "forward-looking statements" within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Everybody Loves Languages has tried to identify these forward-looking statements by using words such as "may," "should," "expect," "hope," "anticipate," "believe," "intend," "plan," "estimate" and similar expressions. Everybody Loves Languages' expectations depend upon general economic conditions, the continued and growth in demand for its products, retention of its key management and operating personnel, its need for and availability of additional capital and other uncontrollable or unknown factors. No assurance can be given that the actual results will follow the forward-looking statements. Except as otherwise required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, changed circumstances or any other reason. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian securities regulators available on NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTUREEXCHANGE ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE View source version on Contacts Corporate Communications Khurram QureshiTel: (647) 831-1462Email: kqureshi@
Business Wire
07-05-2025
- Business
- Business Wire
AVI Urges Wacom To Make Governance Changes
LONDON--(BUSINESS WIRE)--Asset Value Investors Limited ('AVI') launches a campaign calling for Wacom Corporation ('Wacom') to be more conscious of the capital market, and announces that AVI has submitted shareholder proposals ahead of Wacom's upcoming AGM in June. AVI has published a detailed presentation on a dedicated website. AVI invested in Wacom in August 2021 and has sought to engage in dialogue with the company as the largest shareholder, sending letters and presentations with the aim of improving corporate value in a sustainable manner. AVI is deeply concerned by the sluggish performance of the Branded Business segment, which has posted a cumulative loss of more than Y10bn since the fourth quarter of the fiscal year ended 31 March 2022. The company has fallen far short of its mid-term plan targets and significantly underperformed the TOPIX index over this period. Considering these circumstances, AVI has initiated a public campaign and submitted shareholder proposals at this year's Annual General Meeting with the aim of supporting the sustainable enhancement of corporate value. AVI's shareholder proposals this year include: Establishment of a Transformation Plan Supervisory Committee Appointment of one outside director with capital markets background Amendment to the Articles of Incorporation regarding the handling of acquisition proposals based on the 'Guidelines for Corporate Takeovers' by Ministry of Economy, Trade and Industry Kazunari Sakai, AVI Japan's Head of Research, commented: 'To improve alignment with investor expectations and shareholder interests, Wacom should go beyond the current Board's monitoring role by appointing directors with capital market experience, establishing a supervisory committee, and amending the Articles of Incorporation to align with METI's Guidelines for Corporate Takeovers.' 'Although the Branded Business segment continues to face challenges, we are confident that through shortening the product development cycle for entry-level products and strengthening e-commerce channels, Wacom can further reinforce its position as the global leader.' About Asset Value Investors (AVI): AVI is an investment management company established in London, United Kingdom, in 1985. AVI has invested in Japanese equities for nearly 40 years. AVI manages AVI Global Trust (AGT) and AVI Japan Opportunity Trust (AJOT) and other funds, collectively investing Y120bn into the Japanese market. AGT and AJOT are public companies whose shares are listed and traded on the main market of the London Stock Exchange.
Associated Press
29-04-2025
- Health
- Associated Press
Expanded Real-World Data Presented at INS 2025 Reinforces Better Outcomes with Access Vascular's Hydrophilic Midline Catheter
BILLERICA, Mass.--(BUSINESS WIRE)--Apr 29, 2025-- Access Vascular, Inc. (AVI), a leader in advanced vascular access technology, today announced the presentation of new, expanded real-world data at the 2025 Infusion Nurses Society (INS) Annual Meeting in Las Vegas. The data reinforces significant improvements in midline catheter outcomes associated with AVI's proprietary hydrophilic biomaterial (HBM), building on findings previously shared at the Association for Vascular Access Annual Meeting in 2024. The study was independently designed and conducted by an acute care hospital in Montana and evaluated outcomes across 288 patients. It compared a conventional chlorhexidine gluconate (CHG)-coated polyurethane catheter to Access Vascular's HydroMID® HBM-based catheter. Key findings announced at INS 2025: 'With more than 125 catheters in each study arm, these findings add to the growing body of evidence that our hydrophilic biomaterial platform delivers tangible benefits where it matters most: improved outcomes for patients,' said Jim Biggins, CEO of Access Vascular. 'Fewer complications, longer dwell times, and higher rates of therapy completion all support a safer, more efficient experience for patients and providers alike.' Unlike traditional polyurethane catheters, AVI's devices are constructed from MIMIX®, a proprietary hydrogel-based material designed to reduce thrombus formation and bacterial adhesion. This fundamental material change targets the root causes of vascular access device failure. 'Concerns relating to frequent complications with our previous midline device kept growing. We felt defeated in our efforts to get our patients to the end of their therapy – we knew we could do better for them,' said Kelsey Pearson, RN, VA-BC at Benefis Hospital. 'We have noticed a significant improvement in our outcomes and provided a better patient experience since switching to the HydroMID® catheter.' About Access Vascular Access Vascular, Inc. (AVI) is redefining vascular access by engineering devices from a fundamentally better material. The MIMIX® hydrogel platform is designed to reduce the complications associated with traditional catheters, helping clinicians keep lines in place, improving the patient experience and delivering value to hospitals. For more information, please visit and follow us on LinkedIn. View source version on CONTACT: Media Contact: Brad Perriello Circle Hill Communications [email protected] 617.817.1385 KEYWORD: UNITED STATES NORTH AMERICA NEVADA MASSACHUSETTS INDUSTRY KEYWORD: NURSING MEDICAL SUPPLIES HEALTH MEDICAL DEVICES HOSPITALS HEALTH TECHNOLOGY CARDIOLOGY SOURCE: Access Vascular, Inc. Copyright Business Wire 2025. PUB: 04/29/2025 07:06 AM/DISC: 04/29/2025 07:06 AM
