Revenues – Open MRTD http://openmrtd.org/ Sat, 02 Jul 2022 14:11:16 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://openmrtd.org/wp-content/uploads/2022/01/icon-2022-01-31T171458.103-150x150.png Revenues – Open MRTD http://openmrtd.org/ 32 32 Japan’s tax revenue for fiscal year 2021 Total record 67 T. Yen: Sources https://openmrtd.org/japans-tax-revenue-for-fiscal-year-2021-total-record-67-t-yen-sources/ Sat, 02 Jul 2022 03:59:08 +0000 https://openmrtd.org/japans-tax-revenue-for-fiscal-year-2021-total-record-67-t-yen-sources/ Newfrom Japan Policy Jul 2, 2022 12:59 (JST) Tokyo, July 2 (Jiji Press)–The Japanese government’s tax revenue for fiscal year 2021, which ended in March, totaled about 67 trillion yen, hitting a record high for the second consecutive year, reported informed sources revealed. This figure is higher than the total of 60.8 trillion yen for […]]]>

Policy

Tokyo, July 2 (Jiji Press)–The Japanese government’s tax revenue for fiscal year 2021, which ended in March, totaled about 67 trillion yen, hitting a record high for the second consecutive year, reported informed sources revealed.

This figure is higher than the total of 60.8 trillion yen for fiscal year 2020. The Ministry of Finance will soon release the official results for fiscal year 2021.

Over the past fiscal year, corporate tax revenue is reported to have risen sharply on the back of a recovery in corporate profits following the weakening of the yen. Consumption tax revenues are also believed to have increased on the back of higher consumption in value terms amid rising prices.

Total tax revenue for fiscal year 2021 was estimated at 57.4 trillion yen when the initial budget for fiscal year 2021 was adopted, and the estimate was revised to 63.9 trillion yen when drawing up of a supplementary budget at the end of last year.

The actual total is now expected to exceed even the revised estimate by some 3 trillion yen.

[Copyright The Jiji Press, Ltd.]

Jiji Press

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Eason reports record online revenue but in-store sales well below pre-Covid level – The Irish Times https://openmrtd.org/eason-reports-record-online-revenue-but-in-store-sales-well-below-pre-covid-level-the-irish-times/ Fri, 01 Jul 2022 16:19:04 +0000 https://openmrtd.org/eason-reports-record-online-revenue-but-in-store-sales-well-below-pre-covid-level-the-irish-times/ Irish book retailer Eason saw a 12.5% ​​increase in turnover last year as Covid lockdown restrictions were lifted, but revenue was still just under 10% below levels. ‘before Covid, Chairman David Dilger told shareholders. At the store level, Eason’s comparable revenue was 34% lower than before the pandemic as the sector continued to feel the […]]]>

Irish book retailer Eason saw a 12.5% ​​increase in turnover last year as Covid lockdown restrictions were lifted, but revenue was still just under 10% below levels. ‘before Covid, Chairman David Dilger told shareholders.

At the store level, Eason’s comparable revenue was 34% lower than before the pandemic as the sector continued to feel the effects of changing consumer behavior. By contrast, Eason’s online business has posted record revenues and “high levels of profitability” and has retained much of its market share since the lifting of Covid restrictions, Mr Dilger said.

Eason’s revenue from continuing operations was €104 million for the year to the end of January 2022, compared to €93 million the previous year. He said the company’s operating profit for the year was at its “highest level in several years” due to changes in the business.

Dilger said state wage subsidies, landlord rent concessions, staff and management pay cuts and other cost reductions were “essential” to “ensure the viability of all of our points of sale” during the year.

He said the Dubray book business, acquired by Eason in February 2020, continues to “perform well”. The Dubray business had to close due to Covid restrictions for the first four months of 2022 and was not eligible for wage supports beyond the middle of the year. Most of Dubray’s retail staff have been laid off during the shutdowns, with all of their revenue coming from online.

New Dubray stores opened in Cork and Dundrum in November and the business had a “good Christmas”, shareholders informed.

Mr Dilger said footfall in the malls and the high street was well down from 2019 levels, although there was a “significant improvement” in average spending. Downtown footfall was down 35%, while non-downtown locations were down 4%.

Supply chain issues

On current trading, Dilger said the retail environment remains “challenging”, citing the impact of soaring inflation and supply chain issues. He said Eason’s revenue between March and May was “highly contested” but has started to recover recently. About 30 employees signed a voluntary redundancy plan in May as the company continues to “monitor” its cost base.

Eason reached a pay deal with its unions until November 2023, which included a one-time lump sum payment in “recognition of the contribution made by staff during the Covid period”.

Eason has also taken over its franchise store in Carlow and is planning two similar deals in the third quarter. And he has agreed terms for a Dubray store on Dublin’s Henry Street while work on his new Cork City outlet is underway and is due to open in September. In addition, the company is planning a relaunch of the Dubray site in the coming weeks.

Mr Dilger said Eason was on track to meet its financial targets for the current year, but added that the full effects of the war in Ukraine have yet to “unfold” and “will create significant pressures at the over the next few months”.

“I am certain that we are doing everything without our control to mitigate these impacts,” he said.

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Walgreens Boots (WBA) Best estimates for third quarter earnings, lack of revenue https://openmrtd.org/walgreens-boots-wba-best-estimates-for-third-quarter-earnings-lack-of-revenue/ Thu, 30 Jun 2022 17:53:00 +0000 https://openmrtd.org/walgreens-boots-wba-best-estimates-for-third-quarter-earnings-lack-of-revenue/ Walgreens Boots Alliance, Inc. WBA reported adjusted earnings per share (EPS) from continuing operations of 96 cents in the third quarter of fiscal 2022, down 36.4% year-over-year (down 28.9% at constant exchange rate or CER). The figure topped Zacks’ consensus estimate of 1.1%. GAAP EPS from continuing operations for the third quarter of fiscal 2022 […]]]>

Walgreens Boots Alliance, Inc. WBA reported adjusted earnings per share (EPS) from continuing operations of 96 cents in the third quarter of fiscal 2022, down 36.4% year-over-year (down 28.9% at constant exchange rate or CER). The figure topped Zacks’ consensus estimate of 1.1%.

GAAP EPS from continuing operations for the third quarter of fiscal 2022 was 33 cents compared to $1.27 in the prior year quarter. The metric fell 74% year over year.

Total sales

Walgreens Boots reported total sales of $32.59 billion for the fiscal third quarter, down 4.2% year-over-year and 2.8% at CER. The top line also missed the Zacks consensus estimate by 0.4%.

Quarterly details

During its first quarter fiscal 2022 earnings call, Walgreens Boots announced the creation of a new operating segment, Walgreens Health, in line with the introduction of its new consumer-centric healthcare strategy. In light of the announcement, the company split its business into three reportable segments – United States, International and Walgreens Health – at the start of the fiscal year.

United States

Segment sales totaled $26.69 billion for the fiscal third quarter, down 7.1% year-over-year.

Comparable sales increased 1.8% from the prior year quarter, reflecting a 2% increase in comparable drug store sales and a 1.4% increase in comparable retail sales.

Walgreens Boots Alliance, Inc. Price, Consensus and Surprise EPS

Walgreens Boots Alliance, Inc. price-consensus-eps-surprise-chart | Walgreens Boots Alliance, Inc. Quote

On a comparable store basis, the total number of prescriptions filled decreased 2.5% from the prior year quarter, including vaccinations adjusted to 30-day equivalents.

Drugstore sales were down 9.7% from the prior year quarter, negatively impacted by an 11 basis point (bps) headwind from AllianceRx Walgreens business.

Retail sales increased 1% and comparable retail sales increased 1.4% year over year. Same-store retail sales (excluding tobacco and e-cigarettes) also increased 2.4% from the prior year quarter.

Sales of health and wellness products rose 7.9%, supported by COVID-19 home testing and cough flu.

Personal care rose 2.6%, partially offset by beauty and consumables and general merchandise, which fell 0.4% and 1.9%, respectively.

International

International Division revenue increased 0.3% year on year and 9.3% at CER to $5.31 billion for the third fiscal quarter.

UK boot sales were up 13.5% year-on-year. Wholesale sales in Germany increased by 6.8% in the third fiscal quarter.

Boots UK comparable retail sales increased 24%, driven by market share gains across all categories, led by beauty.

However, Boots UK comparable pharmacy sales were down 0.4% year-on-year as National Health Service (NHS) comparable volume growth was more than offset by a favorable timing for the reimbursement from the NHS in the quarter of the previous year.

Walgreens Health

The Walgreens Health segment reported revenue of $596 million in the fiscal third quarter.

Within the segment, the Shields business grew 47% on a pro forma basis compared to its standalone results in the prior year quarter. The increase was driven by key contracts won, continued partnership growth and a strong focus on execution. Meanwhile, VillageMD grew 69% due to growth of existing clinics and expanding footprint.

Margins

Gross profit for the reported quarter fell 8.1% year-over-year to $6.57 billion. Gross margin contracted by 86 basis points to 20.2%.

Selling, general and administrative expenses increased 14.8% year over year to $7.02 billion.

The company reported an adjusted operating loss of $447 million in the quarter under review.

Financial condition

Walgreens Boots ended the third quarter of fiscal 2022 with cash and cash equivalents of $2.29 billion, compared to $1.89 billion recorded at the end of the second quarter of the fiscal year. Total debt was $13.46 billion at the end of the third quarter of fiscal year, compared to $13.31 billion at the end of the second quarter of fiscal 2022.

Net cash provided by operating activities at the end of the third quarter of fiscal 2022 was $3.81 billion, down from $4.31 billion in the prior year period.

The company has a 5-year annualized dividend growth rate of 4.7%.

Directions for the 2022 financial year

The company maintained adjusted EPS guidance for the full year at low single digit growth. The Zacks consensus estimate for the same is pegged at $5.06.

Our opinion

Walgreens Boots ended the third quarter of fiscal 2022 with better-than-expected earnings. The Boots business continued its recovery in the third fiscal quarter, with robust sales growth on Boots UK and Boots.com. The company saw increased online growth momentum, with digital sales up 25% in the United States. Additionally, sales contributions from the new Walgreens Health segment are raising investor optimism.

Walgreens Boots also played a significant role in COVID-19 vaccinations and testing, administering 4.7 million vaccinations and 3.9 million tests in the reported quarter and more than 16 million recalls to date. The rollout of VillageMD continued to progress well during the third fiscal quarter. VillageMD had 315 total clinics open at the end of the quarter, indicating an increase of 97 clinics over the prior year period.

Walgreens Boots’ revenue in the fiscal third quarter was below estimates and was down year-over-year. Revenue performance was impacted by lower sales at AllianceRx Walgreens. The contraction in the gross margin does not bode well. The company also reported an operating loss in the quarter, raising apprehensions.

Zacks Ranking and Key Picks

Walgreens Boots currently wear a Zacks Rank #3 (Hold).

Here are a few companies you might want to consider, as our model shows that they have the right combination of elements to show a pace of profit:

Quidel Corp. QDEL currently has an ESP on gains of +9.17%. The company sports a Zacks rank #1 (Strong Buy). You can see the full list of today’s Zacks #1 Rank stocks here.

Quidel’s earnings return of 15.44% compares favorably to the industry (-2.57%).

Quest Diagnostics Inc. DGX currently has a +5.37% Earnings ESP and sports a Zacks Rank #2 (Buy). The company is expected to release its second-quarter 2022 results on July 21, before the market opens.

Quest Diagnostics has an historic earnings growth rate of 22.4%. DGX’s earnings yield of 6.77% compares favorably to the industry’s 3.57%.

Merck & Co., Inc. MRK currently has an ESP on earnings of +19.05% and carries a Zacks rank of No. 2. Merck is expected to report Q2 2022 results on July 28, before markets open.

Merck’s long-term earnings growth rate is estimated at 10.1%. MRK’s earnings yield of 7.91% compares favorably to the industry’s 7.52%.

Zacks names ‘only one best choice for doubling up’

From thousands of stocks, 5 Zacks experts have each picked their favorite to skyrocket by +100% or more in the coming months. Of these 5, Research Director Sheraz Mian selects one to have the most explosive advantage of all.

It’s a little-known chemical company that’s up 65% year-on-year, but still very cheap. With relentless demand, rising earnings estimates for 2022 and $1.5 billion for stock buybacks, retail investors could jump in at any moment.

This company could rival or surpass other recent Zacks stocks which are expected to double, such as Boston Beer Company which jumped +143.0% in just over 9 months and NVIDIA which jumped +175.9% in one. year.

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To read this article on Zacks.com, click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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State revenue breaks 12-year record by exceeding 100% target https://openmrtd.org/state-revenue-breaks-12-year-record-by-exceeding-100-target/ Thu, 30 Jun 2022 13:38:23 +0000 https://openmrtd.org/state-revenue-breaks-12-year-record-by-exceeding-100-target/ The 2021 budget deficit remains under control at a level of 4.57% of GDP (gross national domestic product) Jakarta (ANTARA) – State revenue achievement in 2021 exceeded the 100% target for the first time in the past 12 years, Finance Minister Sri Mulyani has said. The achievement of state revenue in 2021 exceeded Rs 2,011.3 […]]]>

The 2021 budget deficit remains under control at a level of 4.57% of GDP (gross national domestic product)

Jakarta (ANTARA) – State revenue achievement in 2021 exceeded the 100% target for the first time in the past 12 years, Finance Minister Sri Mulyani has said.

The achievement of state revenue in 2021 exceeded Rs 2,011.3 trillion, which is 115.35% of the target set in the 2021 state budget, she noted at the meeting. an online plenary meeting with the House of Representatives (DPR) accessible from Jakarta on Thursday.

Sri Mulyani remarked that the realization of state revenue in 2021 has also increased by 22.06% from the previous year.

State revenue in 2021 comprised Rp 1,547.8 trillion from taxes, Rp 458.5 trillion from non-tax state revenue and Rp 5 trillion from grants.

Related News: Government issues coal mining tax regulations to boost state revenue

Tax revenue in 2021 reached 107.15% of the target set in the state budget and returned to the pre-pandemic level of 1,546.1 trillion rupees recorded in 2019, she noted. .

The Minister further noted that the state expenditure for 2021 has reached Rs 2,786.4 trillion which is 101.32% of the target set in the state budget.

Related News: State revenue rises 37.7% to 302.4 trillion rupees in February

State expenditure comprised central government expenditure worth Rs 2,000.7 trillion and transfer to regions and village funds amounting to Rs 785.7 trillion.

With state revenue reaching 2,011.3 trillion rupees and state expenditure exceeding 2,786.4 trillion rupees, the budget deficit reached 775.06 trillion rupees in 2021.

“The 2021 budget deficit remains under control at a level of 4.57% of GDP (gross national domestic product),” she said.

Besides, the budget deficit is also below the 5.70 percent target set in the 2021 state budget, she noted.

Related News: Government seeks 11.1-11.7% increase in state revenue next year

Related News: State revenue from upstream oil and gas industry hits $4.4 billion

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Precast Concrete Market Revenue to Reach USD XX Billion by 2030 – Komatsu Ltd, Kiewit Corporation, Laing O’Rourke, Balfour Beatty plc, ACS Group https://openmrtd.org/precast-concrete-market-revenue-to-reach-usd-xx-billion-by-2030-komatsu-ltd-kiewit-corporation-laing-orourke-balfour-beatty-plc-acs-group/ Wed, 29 Jun 2022 11:32:36 +0000 https://openmrtd.org/precast-concrete-market-revenue-to-reach-usd-xx-billion-by-2030-komatsu-ltd-kiewit-corporation-laing-orourke-balfour-beatty-plc-acs-group/ The report on the Global precast concrete market which was recently released by Brainy Insights includes a Competitive Quadrant, which is an important tool to help new entrants assess and analyze the market standing over the past few years and the expected market growth over the forecast period. The report also helps to understand companies […]]]>

The report on the Global precast concrete market which was recently released by Brainy Insights includes a Competitive Quadrant, which is an important tool to help new entrants assess and analyze the market standing over the past few years and the expected market growth over the forecast period. The report also helps to understand companies based on their market position and performance scores. This report uses various factors to study the market, such as drivers, restraints, opportunities, and growth. Other factors considered for the report include financial performance of market players over the past three years, innovation score, new product launches, growth strategies, market share growth, investments, etc

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Some of the major companies covered in this report:

Komatsu Ltd, Kiewit Corporation, Laing O’Rourke, Balfour Beatty plc, ACS Group, Julius Berger Nigeria Plc, Red Sea Housing Services, Bouygues Construction, Taisei Corporation, Larsen & Toubro Limited, Elematic, LafargeHolcim, Julius Berger Nigeria, Cemex

Additionally, the report contains a comprehensive analysis of important segments such as market opportunities, import/export details, market dynamics, major manufacturers, growth rate and key regions. The Precast Concrete market report categorizes the market based on manufacturers, regions, type, and application. The Precast Concrete Market reports offer a detailed evaluation of the Precast Concrete, including enabling technologies, current market status, market assumptions, and restraining factors.

Main classifications based on types: This report displays the production, revenue, price, market share, and growth rate of each type:

by type of construction:

  • Permanent modular buildings
  • Elementary construction
  • Rechargeable buildings

per element:

  • Columns and beams
  • Floors & Roofs
  • Pipes
  • paving slabs
  • Utility vaults
  • Beams
  • Walls and barriers
  • Others

Main classifications based on applications: This report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application:

by end-use sector:

  • Residential
  • Infrastructure
  • Non-residential

Regions covered in the Precast Concrete report include:

  • Latin America (Argentina, Brazil and Colombia)
  • Europe (Spain, Great Britain, Italy, Germany, France, Russia and Benelux countries)
  • North America (United States, Canada and Mexico)
  • Asia Pacific (South East Asia, Japan, China, India and Australia)
  • And the others remaining

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Report Features

  • The report includes Precast Concrete market information and data for historical years, base year and forecast year (2022-2030).
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  • Potential growth prospects along with product penetration rate analysis are covered in the global Precast Concrete market report.
  • The global precast concrete market report also includes the data related to revenue, demand, cost and supply.

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The following chapters are covered in the Precast Concrete market study:

Chapter 1 provides an overview of the Precast Concrete market, including global revenue and CAGR. This chapter also includes forecast and analysis of Precast Concrete market by type, application, and region.

Chapter 2 discusses the market landscape and major players. It describes the competitive scenario and the state of market concentration along with basic information about these players.

chapter 3 introduces the industrial chain of Precast Concrete market. This chapter examines the industry chain, raw materials (suppliers, price, supply and demand, market concentration rate), and downstream buyers.

Chapter 4 focuses on manufacturing analysis, which includes cost structure analysis and process modeling, resulting in an in-depth study of manufacturing costs.

Chapter 5 gives comprehensive insights into market dynamics, impact of COVID-19 on Precast Concrete market business, and examination of consumer behavior.

Chapter 6 gives a comprehensive study of major industry players of the Precast Concrete Market. Essential information, along with product profile, applications and specifications, and business overview are provided.

Chapter 7 focuses on the sales, revenue, price and gross margin of the Precast Concrete market in various regional markets. This report examines the global market sales, revenue, price and gross margin.

Chapter 8 provides a global overview of the Precast Concrete market. It covers type-specific sales, revenue, price, market share, and growth rates.

Chapter 9 focuses on the Precast Concrete market application, valuation, consumption and growth rates for each application.

Chapter 10 forecasts the whole Precast Concrete market, including the global sales and revenue forecast as well as the regional forecast. It also predicts the precast concrete market in terms of type and application.

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Donor Prospect Research Software Market Expected to Generate Explosive Revenues by 2030 | DonorSearch, Kimbia, Millennium – Indian Defense News https://openmrtd.org/donor-prospect-research-software-market-expected-to-generate-explosive-revenues-by-2030-donorsearch-kimbia-millennium-indian-defense-news/ Tue, 28 Jun 2022 17:46:29 +0000 https://openmrtd.org/donor-prospect-research-software-market-expected-to-generate-explosive-revenues-by-2030-donorsearch-kimbia-millennium-indian-defense-news/ This major report presents a clear view of the current performance of the global Lead Research Software market and its likely development in the coming years. The key findings of the Global Lead Research Software Market report focus on changing Global Lead Research Software market dynamics, substantial new opportunities, critical forces likely to aid […]]]>

This major report presents a clear view of the current performance of the global Lead Research Software market and its likely development in the coming years. The key findings of the Global Lead Research Software Market report focus on changing Global Lead Research Software market dynamics, substantial new opportunities, critical forces likely to aid market growth world of lead research software, both in late-stage and developing economies.

This report focuses on the major players in the Global Donor Prospect Research Software Market:
DonorSearch, Kimbia, Millennium, Target Analytics, WealthEngine, EverTrue, iWave, CharityCAN, DonorScape, Wealth-X, Agilon

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The report undertakes research and analysis that helps market players understand the global Lead Research Software market status in advanced and developing economies, future market scenarios, opportunities and identify solutions on how to organize and operate in the global lead research software market. The report begins by examining how the global lead research software market has evolved through the pandemic to this point post-pandemic, key forces at work, business implications of the covid-19 pandemic and policy makers. Most importantly, the report has performed an in-depth analysis of the selected segments and countries.

A detailed analysis of the capital-intensive market companies, their strategic trends and their impacts on industry production and growth are studied in the report. The objective of the report is to showcase forces that would be impacting different parts of the current global Donor Prospect Research Software industry. The report aims to map the risks faced by different regions, countries, and segments operating in the market, along with offering a range of options and responses. It recommends best practices to improve efficiency, protect against future risks as well as supply chains against possible threats. Finally, the report helps market players to anticipate trends and seize market opportunities through the data and forecast provided in the report.

Donor Prospect Research Software Industry: Main Product Form:
Cloud-based, web-based

Apps containing:
Large Companies, SMEs

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  • What is the global economic outlook of Donor Prospect Research Software industry?
  • What are the key performance indicators of the Donor Prospect Research Software industry between 2019 and 2020?
  • How are market players recovering from the covid-19 pandemic?
  • What is the road to recovery from the covid crisis?
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    CIG sees $180 million surplus due to record revenues https://openmrtd.org/cig-sees-180-million-surplus-due-to-record-revenues/ Tue, 28 Jun 2022 00:33:45 +0000 https://openmrtd.org/cig-sees-180-million-surplus-due-to-record-revenues/ Deputy Prime Minister Chris Saunders at Thursday’s press conference (CNS): The outlook for public finances “remains sunny”, Finance Minister Chris Saunders said on Friday as he released the Cayman Islands government’s unaudited financial results for the first five months of the year. Saunders revealed record revenue for the public purse and a surplus more than […]]]>
    Deputy Prime Minister Chris Saunders at Thursday’s press conference

    (CNS): The outlook for public finances “remains sunny”, Finance Minister Chris Saunders said on Friday as he released the Cayman Islands government’s unaudited financial results for the first five months of the year. Saunders revealed record revenue for the public purse and a surplus more than $30 million better than expected, mainly due to stamp duties fueled by soaring house prices and the financial services sector. The extra money will be used to help people cope with soaring electricity costs, the minister said.

    Total revenue had surpassed the half-billion mark by the end of April 2022, which is an unprecedented achievement. Total central government operating revenue for the four-month period ended April 30, 2022 totaled $509.5 million, marking the first time revenue exceeded half a billion dollars in the first four months. of a financial year.

    While inflation helps fill government coffers, it cleans out ordinary people’s bank accounts, but Premier Wayne Panton said the surplus would help Cayman navigate the choppy waters of the global economy.

    With an operating surplus for the public sector as a whole of more than $179.5 million, the government is well ahead of the budget forecast, which projected a surplus of less than $150 million. However, the CIG has already raised the bulk of the financial services money for this year, meaning the government is on track to maintain the cash cushion. The minister said this would allow the government to easily fund the energy aid package announced in parliament earlier this month.

    “With oil, and therefore energy, prices showing no sign of any significant reduction in the local market and indeed globally, we will use some of the surplus to help our people meet the challenges this cost of living has caused,” Saunders said. said. “We are fortunate to be able to take this initiative and others as announced by the Prime Minister and we look forward to offering this additional support during such a difficult time to provide much needed financial assistance to our people.”

    He said May’s numbers followed this year’s trend for higher-than-expected earnings. “I maintain cautious optimism as most government revenue collected in any given year occurs in the first half due to various financial service fee structures. However, the May year-to-date figures reinforce our positive position heading into a historically leaner second half.”

    Inflation may also at some point affect spending, which so far is largely in line with the planned budget outlay of $381.6 million. Actual expenditures were $381.7 million, a figure that exceeds last year by $31.3 million.

    But performance has been much better than expected in several areas, including financial services, where fees so far are more than C$11.5 million higher than expected, as well as land-sharing fees and rights. stamp. With the tourism sector beginning to recruit again, an additional C$5.5 million over budget was also collected in work permit fees.

    The government’s cash position as of May 31, 2022 was $469.4 million. This amount is represented by cash from operations of $304.5 million, of which $284.2 million is held in fixed deposits, and reserves and restricted cash of $164.9 million.

    Government operating revenue is much better than last year, which Saunders says reflects confidence in Cayman’s financial services sector, a high volume of real estate sales and steady growth in permit fees as tourism is beginning a slow recovery.

    “The tourism sector is obviously not recovering as quickly as we had hoped, particularly due to the late start following the emergence of the Omicron variant earlier this year,” Saunders said. “However, I expect tourist numbers to start to increase once further travel restrictions are lifted and we enter peak season towards the end of the year. Despite some shortfalls in some revenue items, the overall outlook Public finances remain supportive, and we are monitoring the numbers closely and monitoring upward and downward movements on a monthly basis in order to be as nimble as possible and react quickly to any unexpected issues.

    Panton said the PACT government’s commitment to fiscal discipline, a strong and resilient economy and continued investor confidence led to the surplus, also helped by the civil service which is keeping spending under control.

    “This larger-than-surplus fiscal surplus will help us navigate the choppy waters of the global economy that lie ahead while allowing us to responsibly help members of our society who need support,” said the Prime Minister. “We intend to continue to be fiscally disciplined as we aggressively build on our existing strengths to realize Cayman’s potential as a global sustainability leader and one of the best places of the planet to live, work, visit and invest.”

    Breakdown of revenue collected over the first five months of the year into several categories with a comparison with previous years:

    2019 2020 2021 2022
    Revenue from import duties $76,739,000 $67,488,000 $76,597,000 $90,044,000
    General registry fees $140,223,000 $136,467,000 $148,508,000 $159,088,000
    Fees collected by CIMA for the government $89,369,000 $81,728,000 $133,358,000 $143,554,000
    Income from work permits $35,611,000 $21,906,000 $31,770,000 $44,255,000
    Property income $30,775,000 $28,339,000 $50,734,000 $44,616,000
    Tourism-related income $26,419,000 $9,768,000 $539,000 $7,412,000
    Other coercive income $32,177,000 $27,367,000 $38,666,000 $42,453,000

    May 2022 year-to-date financial performance comparison vs. previous 3 years:

    2019 2020 2021 2022
    Revenue $481,095,000 $408,618,000 $517,946,000 $568,857,000
    Operating expenses, financing costs and non-operating costs $274,461,000 $308,614,000 $350,341,000 $381,685,000
    Central administration operating surplus $206,634,000 $100,004,000 $167,605,000 $187,172,000
    Surplus/(Deficit) Achieved by Statutory Authorities and Public Enterprises $4,174,000 ($190,000) ($12,893,000) ($7,715.00)
    Total public sector surplus $210,808,000 $99,814,000 $154,712,000 $179,457,000
    Total bank account balances $711,387,000 $603,209,000 $549,803,000 $469,445,000

    ]]>
    Greenwave generates record revenue of over $10 million in Q2 2022 https://openmrtd.org/greenwave-generates-record-revenue-of-over-10-million-in-q2-2022/ Mon, 27 Jun 2022 11:11:00 +0000 https://openmrtd.org/greenwave-generates-record-revenue-of-over-10-million-in-q2-2022/ Greenwave Technology Solutions, Inc. The Company generated revenues in excess of $10 million in the second quarter of 2022 and expects to generate positive cash flow from operations for the six months ending June 30, 2022 Empire quarterly revenue Quarterly revenue from Empire Services, Inc., a wholly owned subsidiary of Greenwave Technology Solutions, Inc. CHESAPEAKE, […]]]>

    Greenwave Technology Solutions, Inc.

    The Company generated revenues in excess of $10 million in the second quarter of 2022 and expects to generate positive cash flow from operations for the six months ending June 30, 2022

    Empire quarterly revenue

    Quarterly revenue from Empire Services, Inc., a wholly owned subsidiary of Greenwave Technology Solutions, Inc.

    Quarterly revenue from Empire Services, Inc., a wholly owned subsidiary of Greenwave Technology Solutions, Inc.

    CHESAPEAKE, Va., June 27, 2022 (GLOBE NEWSWIRE) — Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) (OTCPink: GWAV) is pleased to announce that effective June 24, 2022, the Company generated record revenues of over $10 million for the quarter ending June 30, 2022. Additionally, the Company expects to generate positive cash flow from operations for the six months ending June 30, 2022. June 2022.

    Greenwave generated revenues of $9.92 million during the first quarter of 2022, an increase of 66.91% over the revenues of $5.94 million that Empire Services, Inc. (“Empire”) generated during the same period in 2021. Greenwave, through its subsidiary Empire, operates 11 metal recycling facilities in Virginia and North Carolina.

    The Company is currently installing a second crusher to process cars, appliances and industrial products, as well as a downstream system to increase its recovery yields for copper, aluminum, brass, steel and metal. other metals. These systems are on track to go live in Q3 2022 and are expected to double the company’s processing capacity while increasing profit margins.

    “Greenwave continues to aggressively grow revenue – even exceeding our own internal targets – while responsibly managing cash flow and making strategic investments in our infrastructure to facilitate future growth,” said Danny Meeks, CEO of Greenwave. “We would like to thank Greenwave shareholders for their continued confidence in our company and look forward to updating you on our progress.”

    On May 4, 2022, Greenwave submitted its application for listing on NASDAQ and believes it will meet the listing requirements without further capital raising. The successful listing of Greenwave common stock on a national stock exchange could result in a significant increase in institutional interest and liquidity in the market for the Company’s stock. For more information, please see Greenwave Outlook 2022.

    About Greenwave
    Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc. (“Empire”), is a leading operator of 11 metal recycling facilities in Virginia and North Carolina. At these facilities, Empire collects, grades and processes raw scrap metal (ferrous and non-ferrous) for recycling. Steel is one of the most recycled products in the world with the ability to be remelted and remelted many times while offering significant economic and environmental benefits over virgin materials. For more information, please visit https://www.greenwavetechnologysolutions.com/.

    Forward-looking statements
    This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, but are not limited to, statements about its revenue growth, the opening of additional sites and a listing on a senior exchange. swap. These statements are identified by the use of the words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, ” predict”, “potential”, “project” and similar expressions intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected or implied by the forward-looking statements are reasonable, we cannot guarantee that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and current expectations or projections. Actual results may differ materially from those in forward-looking statements and the market price of our common stock may fluctuate significantly. Forward-looking statements are also affected by the risk factors described in our filings with the United States Securities and Exchange Commission. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unforeseen events. events.

    Contact information:
    Danny Meeks
    757-966-1432

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/992b19c0-06e5-4186-8ed4-b37daec1b3a2

    ]]>
    Anti-Theft Bike Carrier Market Expected to Generate Explosive Revenue by 2030 | Thule Group, SARIS CYCLING GROUP, Curt – Indian Defense News https://openmrtd.org/anti-theft-bike-carrier-market-expected-to-generate-explosive-revenue-by-2030-thule-group-saris-cycling-group-curt-indian-defense-news/ Sun, 26 Jun 2022 16:39:20 +0000 https://openmrtd.org/anti-theft-bike-carrier-market-expected-to-generate-explosive-revenue-by-2030-thule-group-saris-cycling-group-curt-indian-defense-news/ This major report presents a clear view of the current performance of the global Anti-Theft Bike Carrier market and its likely development in the coming years. The key findings of the Global Anti-Theft Bike Carriers Market report focus on changing Global Anti-Theft Bike Carriers Market dynamics, substantial new opportunities, critical forces likely to contribute […]]]>

    This major report presents a clear view of the current performance of the global Anti-Theft Bike Carrier market and its likely development in the coming years. The key findings of the Global Anti-Theft Bike Carriers Market report focus on changing Global Anti-Theft Bike Carriers Market dynamics, substantial new opportunities, critical forces likely to contribute to the growth of the Global Anti-Theft Bike Carriers Market. anti-theft bike rack. in both advanced and developing economies.

    This report focuses on the key players in the global Anti-Theft Bike Carrier market:
    Thule Group, SARIS CYCLING GROUP, Curt, CAR MATE, Allen Sports, Yakima Products, Atera GmbH, Uebler, Rhino-Rack, Hollywood Racks, VDL Hapro, Mont Blanc Group, Cruzber, Swagman, Kuat, Alpaca Carriers, RockyMounts

    Get a sample PDF copy of the report for FREE @ https://marketstrides.com/request-sample/anti-theft-bicycle-racks-market

    The report undertakes research and analysis that helps market players understand the global Anti-Theft Bike Carriers market status in advanced and developing economies, future market scenarios, opportunities and identify solutions on how to organize and operate in the Global Anti-Theft Bike Rack. market. The report begins by examining how the global Anti-Theft Bike Carriers market has evolved through the pandemic to this post-pandemic point, key forces at work, implications of the covid-19 pandemic on businesses and policymakers policies. Most importantly, the report has performed an in-depth analysis of the selected segments and countries.

    A detailed analysis of the capital-intensive market companies, their strategic trends and their impacts on the production and growth of the industry are studied in the report. The objective of the report is to showcase the forces that would impact different parts of the current global Anti-Theft Bike Racks industry. The report aims to map the risks faced by different regions, countries, and segments operating in the market, along with offering a range of options and responses. It recommends best practices to improve efficiency, protect against future risks as well as supply chains against possible threats. Finally, the report helps market players to anticipate trends and seize market opportunities through the data and forecast provided in the report.

    Anti-theft bicycle rack industry: product main form:
    Rear & Hitch Bike Carriers, Roof Mounted Bike Carriers, Others

    Apps containing:
    Domestic, commercial, utility, other

    Global Anti-Theft Bike Carriers Market Research Report Offers–

    — The report discusses the main mergers and acquisitions, organic investments including R&D.
    — The report presents a study on the response of major manufacturers to understand the elasticity of target markets.
    – The report provides a detailed assessment of the long-term outlook for the global Anti-Theft Bike Carriers market.
    – The report assesses business segments, products, services, and supply channels of the global Anti-Theft Bike Carrier Market.
    – The report highlights challenges faced by players in the global Anti-Theft Bike Carriers market in expanding new sectors, trading in certain goods or commodities during pandemic, and expanding into new consumer segments.
    – The report highlights both opportunities and threats shaping the global Anti-Theft Bike Carriers market, especially the consumption segments.
    – The report examines the Global Anti-Theft Bike Racks Market financial structure, business and operating models.
    — The report identifies innovation strategies adopted by well-established companies in the global Anti-Theft Bike Carriers market.

    Key questions answered by the report include:

  • Which new builders are strongly growth oriented and likely to achieve aggressive growth in the years to come?
  • What is the largest geography of the global Anti-theft Bicycle Carrier market?
  • How has the pandemic diversely impacted the GDP of the Global Anti-Theft Bike Carriers Market in selected countries?
  • What is the global economic outlook of Anti-Theft Bicycle Carriers industry?
  • What are the performance indicators of the Anti-theft Bicycle Carriers industry between 2019 and 2020?
  • How are market players recovering from the covid-19 pandemic?
  • What is the road to recovery from the covid crisis?
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    ]]> NHL revenue hits record high on boost to sponsorships and licensing deals https://openmrtd.org/nhl-revenue-hits-record-high-on-boost-to-sponsorships-and-licensing-deals/ Sat, 25 Jun 2022 14:21:45 +0000 https://openmrtd.org/nhl-revenue-hits-record-high-on-boost-to-sponsorships-and-licensing-deals/ Financially speaking, the NHL is much closer to putting the downturn of the COVID-19 pandemic behind it. The league is expected to generate record revenue for the 2021-22 season, likely around $5.3 billion, if not more, according to NHL Commissioner Gary Bettman when hockey-related revenue (HRR) is officially compiled. Returning fans without the limitations of […]]]>

    Financially speaking, the NHL is much closer to putting the downturn of the COVID-19 pandemic behind it.

    The league is expected to generate record revenue for the 2021-22 season, likely around $5.3 billion, if not more, according to NHL Commissioner Gary Bettman when hockey-related revenue (HRR) is officially compiled.

    Returning fans without the limitations of COVID-19 certainly helped, but another key driver for the NHL in terms of a record amount of revenue came from sponsorships and the residual effects of the new national television contract in the United States. .

    NHL sponsorship revenue jumped to $1.4 billion this season, a league record, and a massive increase from sponsorship revenue of $623 million in the 2021-22 season. This number includes both individual and league-wide team sponsorship and licensing deals, which are combined when counting HRR.

    According to Keith Wachtel, NHL chief commercial officer and executive vice president of global partnerships, the new television contract in the United States was a determining factor. Viewership for the sport has grown on both traditional and digital platforms, and the partnership with ESPN and Turner has made the league a more attractive and viable partner for many sponsors, particularly in the financial industry.

    “Turner and ESPN brought in new viewers,” Wachtel said. “For example, we’ve increased something like 66% in female viewership, so it’s not just the avid fan who has come back for those who missed it on ESPN. But it’s the fans casuals who are increasingly in tune with the NHL.The result is that the whole value of the league increases and partnerships are more valuable.

    Adding a team to Seattle also helped sell sponsorships locally and gave the NHL another base in one of the top 10 media markets.

    Exact numbers weren’t disclosed, but according to SponsorUnited, financial institutions contributed more than $150 million in sponsorship spending with league and individual NHL teams.

    Beer brands were the NHL’s second biggest spender and more than doubled their spending from the 2020-21 season. Health care companies spent the third amount, while sports betting companies and casinos are now among the biggest financial contributors to the NHL.

    Sports betting has become part of NHL life and is a financial foundation that many teams will rely on in the future as it gradually moves towards universal legality in NHL markets. This was an expected result for the league, while the additional spending in other more traditional sectors, such as beer, can be directly linked to the valuation created by Turner and ESPN.

    According to Wachtel, and supported by multiple team sources, the valuation of all sponsorship assets increased after the ESPN and Turner deals were signed. In-ice advertising, for example, became more valuable and more attractive to sponsors as the number of potential viewers increased.

    The streaming portion of the TV deal with ESPN+ has also created buzz for NHL business. While streaming numbers for out-of-market games and ESPN+/Hulu exclusives are not made public due to Disney policy, ESPN+ subscriptions have increased due to the NHL deal according to the president of ‘ESPN, Jimmy Pitaro, who only helped the return of the NHL- investment thrust to sponsors. It also contributes to the NHL’s common claim that it has one of the most tech-savvy fanbases in North American sports.

    For the NHL, the belief is that this is the baseline and will only serve as a launching pad for additional revenue in future seasons.

    The league recently signed a non-fungible token (NFT) agreement with Sweet that will go into effect next season and is already one of the largest licensing deals in league history according to Dave Lehanski, NHL Executive Vice President of Business Development and Innovation.. The league recently renewed its deal with PepsiCo., and is expected to announce a major sports drink partnership in the coming weeks.

    Next season will also be the first for shirt sponsorship, with teams being allowed to sell crests on the chest or on the shoulder of the shirt. Some teams have already sold their patch. The Washington Capitals, who sold it to Caesars Sports Book, were the first, and the influx of revenue from the helmet advertising program has NHL executives excited that the jersey patch program will do for the bottom line.

    The league is also implementing league-wide electronic scoreboards for the 2022-23 season. The exact parameters of his appearance are still under wraps, but it’s something that team and league officials say is sparking serious — and valuable — conversation with sponsors.

    “We are creating an opportunity that will be extremely valuable from a brand perspective,” Wachtel said. “Not necessarily from a revenue perspective, but for the whole sports ecosystem.”

    The extra income is encouraging for players, who, in theory, are now closer to getting an appropriate market rate on salaries. The NHL’s salary cap isn’t fixed, but it can only increase slightly — $1 million per season — until players’ debt is repaid to owners through escrow. Under the current collective agreement, players and owners split revenue 50-50. When 50% of revenue does not cover player salaries, as has been the case in the previous two seasons, the difference becomes player debt. The debt is repaid by taking a set percentage of players’ salaries and putting it into receivership.

    That debt was close to $1 billion before this season, and the escrow was set at 17.2%. It is set at 10% for the 2022-23 season and at 6% for the following three seasons.

    NHL and NHLPA officials believe the debt will be paid off during this time, hopefully avoiding an automatic extension of the current CBA with a higher escrow rate in 2026, but growth trends revenue is cause for optimism for the league and its players.

    (Photo by Patrick Gorsky / Sportswire icon via Getty Images)

    ]]>