Latest news with #financialgrowth
Yahoo
11 hours ago
- Business
- Yahoo
PPIH Stock Soars 46% as Q1 Earnings Rise Y/Y on Solid MENA Growth
Shares of Perma-Pipe International Holdings, Inc. PPIH have surged 45.5% since the company released its earnings for the quarter ended April 30, 2025. This robust advance notably outpaced the S&P 500 index, which declined by 1% during the same period. Over the past month, PPIH's momentum accelerated further with a 63.8% gain, while the S&P 500 posted a modest 1% increase. Perma-Pipe posted earnings per share of 61 cents in the first quarter of fiscal 2025, which rose from 18 cents in the prior-year quarter on the back of both volume growth and enhanced project execution. (See the Zacks Earnings Calendar to stay ahead of market-making news.) The company's net sales of $46.7 million marked a 36.2% jump from $34.3 million in the same quarter last year. Net income attributable to common stock soared to $5 million from $1.4 million, marking a 243% year-over-year increase. Gross profit improved to $16.7 million, representing 36% of net sales, up from $10.5 million or 31% of sales in the year-ago period. Income from operations more than doubled to $7.9 million, reinforcing the company's improved operational leverage. Perma-Pipe International Holdings, Inc. price-consensus-eps-surprise-chart | Perma-Pipe International Holdings, Inc. Quote The performance was buoyed by increased sales volumes in both the Middle East and North America, suggesting diversified demand across key operating geographies. Management highlighted that the Americas and the MENA region delivered comparable results, contributing significantly to the overall performance uptick. The combination of higher sales volumes and improved product mix led to better margins, helping gross profit expand by $6.2 million. General and administrative costs rose $1.6 million to $7.7 million, driven by higher payroll and professional fees. Selling expenses remained steady year over year. Meanwhile, net interest expense and other non-operating costs were essentially flat compared to the prior-year quarter. President and CEO Saleh Sagr characterized the quarter as 'unprecedented,' noting that both net sales and net income attributable to common stock reached their highest levels for a first quarter since the company's rebranding in 2017. Sagr emphasized that first-quarter net income already represents approximately 55% of the company's total earnings for fiscal 2024, hinting at strong momentum heading into the remaining quarters of fiscal 2025. He also expressed confidence in the company's competitive positioning and strategy, particularly in its ability to participate in development initiatives in the MENA region and to expand its market share in North America. Perma-Pipe's improved financial results were primarily driven by increased project volumes and effective execution strategies. The higher margin performance is credited to a more favorable product mix and enhanced project management practices. These operational improvements are especially noteworthy given the inflationary and geopolitical uncertainties affecting global infrastructure markets. Management commentary suggested a bullish outlook for the remainder of fiscal 2025, citing a strong sales pipeline and sustained market activity across regions. The company's ability to maintain robust backlog levels is expected to support this growth trajectory. Backlog as of April 30, 2025, stood at $131.1 million, more than double the $63.1 million reported at the same point last year, despite a sequential dip from $138.1 million at the end of January 2025. This year-over-year growth of 108% in backlog signals a robust demand environment and underpins management's optimism about near-term business prospects. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Perma-Pipe International Holdings, Inc. (PPIH): Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
13 hours ago
- Business
- Yahoo
Visa Shares Up 2,655% Since Big Money Bought In
V is one of the world's largest payment networks, collecting fees from debit and credit cards around the world. It operates in more than 200 countries and processed nearly 316 billion transactions in the year ending March 31 ($16.1 trillion in total volume). Visa is also growing its business via direct global payments and tie-ins with cryptocurrencies. As for earnings, V's second-quarter fiscal 2025 report showed 9% year-over-year revenue growth and per-share earnings growth of 10%. Overall payments volume grew by 8%, while U.S. volume grew by 6%, and overseas volume grew by 9%. The company returned $1.2 billion to shareholders as dividends and conducted $4.5 billion in share repurchases. It's no wonder V shares are up almost 13% this year – and they could rise more. MoneyFlows data shows how Big Money investors are betting heavily on the forward picture of the stock. Institutional volumes reveal plenty. In the last year, V has enjoyed strong investor demand, which we believe to be institutional support. Each green bar signals unusually large volumes in V shares. They reflect our proprietary inflow signal, pushing the stock higher: Plenty of financials names are under accumulation right now. But there's a powerful fundamental story happening with Visa. Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, V has had strong sales and earnings growth: 3-year sales growth rate (+14.3%) 3-year sales EPS rate (+20.1%) Source: FactSet Also, EPS is estimated to ramp higher this year by +12.5%. Now it makes sense why the stock has been powering to new heights. V has a track record of strong financial performance. Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term. Visa has been a top-rated stock at MoneyFlows since 2009. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis. It's made the rare Outlier 20 report multiple times since 2009. The blue bars below show when V was a top pick…boosted over 2,655% by Big Money inflows: Tracking unusual volumes reveals the power of money flows. This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. The V rally isn't new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio. Disclosure: the author owns V in personal and managed accounts at the time of publication. If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level and follow our free weekly MoneyFlows insights. This article was originally posted on FX Empire Should You Invest in European Stocks Now? Rare Bullish Inflow Signals Cause IMAX to Nearly Double US Foods Seeing Inflows From Tariffs to Tags: The Price Hike Reality for US Shoppers (Part 1) Should You Invest in the US Stock Market Now? Bulgaria on Track to Adopt the Euro, Supporting the Economic Outlook
Zawya
2 days ago
- Business
- Zawya
South Africa: From local to international, Vukile's impressive 2025 earnings leap
Vukile Property Fund has emerged from a transformative year with more than 60% of its income now derived offshore, a result of bold expansion into Portugal and strategic capital rotation in Spain — moves that have cemented its presence in two of Europe's most resilient consumer economies. Backed by operational excellence and a clear capital strategy, the group delivered strong financials for the year ended 31 March 2025. Laurence Rapp, chief executive officer of Vukile Property Fund, said he was pleased with the results in what he described as "a transformative year, distinguished by accretive strategic growth and capital rotation". "This outstanding performance validates Vukile's strategy, expands its earnings base and positions the business for compounding future growth,' he said. Delivering on its market guidance, Vukile achieved 3% growth in full-year funds from operations (FFO) per share and increased its dividend per share (DPS) by 6%. This mainly due to its superior dealmaking, ongoing operational excellence, and decisive and disciplined capital deployment. Furthermore, it announced upgraded FY26 guidance, forecasting growth of at least 8% in both FFO per share and DPS. It's total property assets now exceed R50bn, reflecting an ambitious yet tightly focused investment strategy. Iberian expansion accelerates During the year, Vukile grasped a golden window of opportunity that expanded its Iberian direct asset base by nearly 60%, consolidating its footprint across two of Europe's most resilient consumer economies. Now, 65% of the group's assets, and an expected 60% of its net property income is derived offshore. Vukile entered Portugal during the year through its 99.6% held Spanish subsidiary Castellana Properties. The fully-funded multi-asset entry capitalises on Portugal's strong economic growth and fragmented retail property sector that is ripe for consolidation, mirroring opportunities seized in Spain. Continuing its creative dealmaking, in Spain Vukile exited its investment in Lar España with a capital profit of €82m, concurrently redeploying the proceeds into acquiring the Bonaire Shopping Centre in Valencia with a cash-on-cash return exceeding 8% thereby enhancing sustainable earnings. Retail portfolio resilience Vukile closed the year with an investment portfolio of 33 urban, commuter, township and rural malls in South Africa,15 shopping centres and retail parks in Spain and five shopping centres in Portugal. 'In South Africa, Vukile's robust operating platform yet again delivered outstanding results,' notes Rapp. Valued at R16.7bn, Vukile's defensive, dominant South African retail portfolio delivered strong performance and growth. The value of its retail portfolio rose by 8.5%, while like-for-like net operating income increased by 6.4%. Vacancies remain exceptionally low at 1.7%, supported by active letting, with positive rental reversions of 2.4%. Notably, 85% of leases were signed at the same or higher rental levels, with tenant retention at 91%. Growth, efficiency, sustainability The total portfolio recorded trading density growth of 5.2% - with its township and rural portfolio outperforming at 6.7% - driven by Vukile's shopper-first approach, which continues to boost footfall and sales. The portfolio's cost-to-income ratio was 15.3% - its lowest level in a decade – reflecting proactive cost management, with the benefit of solar energy contributing to significant efficiency gains. Vukile's solar PV rollout in South Africa has been highly successful, boosting margins and advancing its path to carbon neutrality. Over the year, solar capacity grew by 67%, with 14.4MWp added to the existing 21.6MWp. Solar power now supplies 27% of the portfolio's energy needs. Vukile has identified a further 10.6MWp of solar projects for FY26 and is finalising the agreements for two wheeling projects totalling 2MWp. Adding value to its South African portfolio through acquisitions and developments, Vukile's R113m redevelopment of Mall of Mthatha (formerly BT Ngebs), in which Vukile acquired a 50% stake in May 2024, has delivered strong early performance, with the vacancy rate dropping from 16% when acquired to just 2%. The highly accretive project is set for completion in September 2025. The comprehensive R141m Bedworth Centre strategic upgrade in Vanderbijlpark, delivered a high-convenience, community-focused retail destination with enhanced tenant mix, aesthetics, amenities, access and security. Vukile's well-established investment in Spain, together with its new investment in Portugal has clearly cemented Castellana's position as a market leader, capitalising on the advantages of the region's status as a European growth powerhouse. The Economist ranked Spain as Europe's top-performing economy in 2024, with GDP growth of 3.2% and forecasts of 2.3% in 2025. The country's economic growth is fuelled by strong household spending. Disposable income rose by 8.7%, supported by higher salaries, employment and savings levels. Additionally, tourism hit a record €126bn with 94 million visitors. Portugal's economy outperformed expectations with 1.9% growth in 2024, driven mainly by household consumption, with record-high employment levels, real wages increasing and high disposable income. Private consumption rose 3.2% in 2024. Growth is forecast at 2.3% in 2025. Like Spain, Portugal is benefiting from easing inflation, projected to fall to 2.3% in 2025. Castellana's R32.9bn, 20-asset Iberian portfolio remains effectively fully let, with marginal vacancies of around 1% and 95% of space let to blue-chip international and national tenants. Portfolio like-for-like net operating income grew 6.4%. It achieved high positive rental reversions and new lettings of 17.31%. The portfolio has a weighted average lease expiry of 8.8 years. Excellent trading metrics featured across the portfolio, with footfall up 2.4% and sales increasing by 4.3%. 'Castellana's on-the-ground presence and expertise has added substantial value to the Iberian portfolio. This year has been one of rapid growth in the region, and our priority is to crystalise potential in our newly acquired assets and deepen value within our existing footprint.' says Rapp. Strength, stability, strategy Vukile's balance sheet remains exceptionally strong, with a stable LTV of 40.95% and an increased ICR of 2.9-times. The REIT enters FY26 with a well-hedged balance sheet and minimal debt maturities of less than 2% of group debt in FY26, as well as a very healthy liquidity position, with cash and undrawn facilities of R4.6bn. Vukile has an AA(ZA) corporate rating reaffirmed by GCR with a positive outlook. Fitch has awarded Castellana an international investment-grade credit rating of BBB- also with a positive outlook. Over the year, Vukile increased its green and sustainability-link debt by 69% from R1.3bn to R2.2bn, aligning its funding strategy with its continued commitment to ESG goals. Rapp concludes, 'Vukile is in a strong position, underpinned by a clear strategy, a proven operating platform, a strong balance sheet, high-quality assets and disciplined capital management. "It is well placed to deliver sustainable real growth by maintaining operational excellence, advancing value-added projects within existing portfolios and pursuing further opportunities in our core markets. We are committed to our proven scalable consumer-led model to create value for all our stakeholders.' All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Associated Press
2 days ago
- Business
- Associated Press
Organto Foods Announces C$1.0 M Private Placement Financing with a Strategic Investor
TORONTO, ON AND BREDA, THE NETHERLANDS / ACCESS Newswire / June 18, 2025 / Organto Foods Inc. (TSXV:OGO)(OTC PINK:OGOFF) ('Organto' or the 'Company') today announced it plans to complete a non-brokered private placement of up to 4,000,000 units of the Company (the 'Units') at a price of $0.25 per Unit (the 'Private Placement'), with each Unit consisting of one Common Share in the capital of the Company (a 'Common Share') and one-half common share purchase warrant of the Company (a 'Warrant'). Each full Warrant shall entitle the holder thereof to acquire one Common Share (a' Warrant Share') at a price per Warrant Share of C$0.35 for a period of 18 months from the closing date of the Private Placement. 'We're very pleased with our operational performance, having realized first quarter sales growth of 193.5%, gross profit dollar growth of 298.1%, our lowest cash operating costs as a percentage of sales in our history and our first-ever positive EBITDA quarter. Our business has continued to accelerate through the second quarter, which is quite encouraging, and we believe is a reflection of the strong momentum in our business. These results are the direct outcome of the extensive restructuring and strategic realignment we've executed over the past 18 months, laying a solid foundation for sustained growth, stability, and a clear path to profitability. With our continued growth and improvement in our share price, we believe it is prudent to complete this Private Placement as we conservatively manage our balance sheet.' commented Steve Bromley, Chair and Chief Executive Officer. The Company may pay finders' fees in connection with the Private Placement. The net proceeds from the Private Placement will be used to fund general working capital. Certain directors and officers of the Company may acquire securities under the Private Placement. Any such participation would be considered to be a 'related party transaction' as defined under Multilateral Instrument 61-101 ('MI 61-101"). The transaction will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any units issued to or the consideration paid by such persons will exceed 25% of the Company's market capitalization. Completion of the Private Placement will be subject to the prior approval of the TSX Venture Exchange as well as all other requisite corporate, regulatory and security holder approvals, as applicable. Further, all securities issued pursuant to the Private Placement described above will be subject to a minimum hold period of four months and one day from their date of issuance. There can be no assurance that the Company will be successful in completing the Private Placement. ON BEHALF OF THE BOARD Steve Bromley Chairman and CEO For more information, contact: Investor Relations John Rathwell, Senior Vice President, Investor Relations & Corporate Development 647 629 0018 [email protected] ABOUT ORGANTO Organto is a leading provider of branded, private label, and distributed organic and non-GMO fruit and vegetable products using a strategic asset-lighter business model to serve a growing socially responsible and health-conscious consumers. Organto's business model is rooted in its commitment to sustainable business practices focused on environmental responsibility and a commitment to the communities where it operates, its people, and its shareholders. FORWARD LOOKING STATEMENTS This news release may include certain forward-looking information and statements, as defined by law, including without limitation, Canadian securities laws and the 'safe harbor' provisions of the US Private Securities Litigation Reform Act ('forward-looking statements'). In particular, and without limitation, this news release contains forward-looking statements respecting Organto's business model and markets; Organto's belief that the Company has made solid progress in the restructuring and realignment of its business focused on a clear path to profitability, sustained growth and long-term stability; Organto's belief that the impact of restructuring and realignment efforts was a key driver of its first quarter results; and Organto's belief it is prudent to complete this Private Placement as the Company conservatively manages its balance sheet. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including, without limitation, the assumption that the Company will be able to complete the Private Placement and obtain all regulatory and requisite approvals in a timely manner and on acceptable terms. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in forward-looking statements in this news release include, among others, regulatory risks; risks related to market volatility and economic conditions; risks related to unforeseen delays; and risks that necessary financing will be unavailable when needed. For further information on these and other risks and uncertainties that may affect the Company's business, see the 'Risks and Uncertainties' and 'Forward-Looking Statements' sections of the Company's annual and interim management's discussion and analysis filings with the Canadian securities regulators, which are available under the Company's profile at Except as required by law, Organto does not assume any obligation to release publicly any revisions to forward-looking statements contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. SOURCE: Organto Foods, Inc. press release
Yahoo
3 days ago
- Business
- Yahoo
Equifax's Q1 Earnings Call: Our Top 5 Analyst Questions
Equifax's first quarter results were shaped by broad-based growth across non-mortgage segments and positive momentum in new product rollouts, leading to a market reaction that reflected investor approval. Management credited the strong performance to the accelerated adoption of its cloud-native platform and the introduction of proprietary solutions, such as the 'TWIN-powered' mortgage tool that combines employment, income, and credit data. CEO Mark Begor stated, 'Our strong first quarter is a proof point to the power of the Equifax cloud as our team can now fully focus on growth, innovation and customers.' Is now the time to buy EFX? Find out in our full research report (it's free). Revenue: $1.44 billion vs analyst estimates of $1.42 billion (3.8% year-on-year growth, 1.7% beat) Adjusted EPS: $1.53 vs analyst estimates of $1.40 (9% beat) Adjusted EBITDA: $423.1 million vs analyst estimates of $404.4 million (29.3% margin, 4.6% beat) The company slightly lifted its revenue guidance for the full year to $5.97 billion at the midpoint from $5.95 billion Management reiterated its full-year Adjusted EPS guidance of $7.45 at the midpoint Operating Margin: 16.4%, in line with the same quarter last year Market Capitalization: $33.22 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Jeff Meuler (Baird) asked about the scale and risks of federal government opportunities for TWIN. CEO Mark Begor emphasized constructive discussions in Washington and sees 'significant opportunities for future growth' as states and agencies focus on program integrity. Andrew Steinerman (JPMorgan) questioned the seasonality in free cash flow. CFO John Gamble explained that first-quarter free cash flow is always lower due to the timing of variable compensation payments, but normalized growth would exceed 20% year-over-year. Kyle Peterson (Needham & Company) pressed on whether recent volatility was fully reflected in guidance. Begor responded that the outlook incorporates current run rates and mortgage market trends observed through late April, but uncertainty in the second half drove a cautious stance. Shlomo Rosenbaum (Stifel) inquired about financial clients' behavior under macro uncertainty. Begor said banks are monitoring subprime delinquencies and consumer confidence, but have not yet tightened credit or initiated significant portfolio reviews. Arthur Truslove (Citi) asked how much cloud transformation contributed to USIS's non-mortgage acceleration. Begor attributed most of the improvement to post-cloud execution, noting increased commercial focus and new product momentum. The StockStory team will watch for (1) adoption and revenue growth from new TWIN-powered products in mortgage, auto, and personal loans; (2) further penetration into government and state agency contracts, especially as the Social Security Administration agreement ramps; and (3) the sustainability of operating margins as cloud transformation benefits are realized. Execution on the capital return strategy and resilience in recurring revenue streams will also serve as key indicators of business health. Equifax currently trades at $267.45, up from $215.01 just before the earnings. At this price, is it a buy or sell? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
