World Class Provides Pineapple Express Delivery Revenue Update

~ Pineapple Express Delivery's revenue total $6,130,375 January - July 2021
 
VANCOUVER, BC  / September 8, 2021 / World-Class Extractions Inc. (CSE:PUMP)(FRA:WCF)(OTCQB:WCEXF) ("Company" or "World-Class"), is pleased to provide an update on Pineapple Express Delivery Inc. ("Pineapple Express Delivery" or "PED"), a company in which World-Class has a controlling interest. PED is a leading logistics technology company offering compliant and secure delivery of controlled substances and regulated products, including medical and recreational cannabis delivery in Ontario, Manitoba and Saskatchewan, and liquor delivery in certain jurisdictions in Saskatchewan.
 
Pineapple Express Delivery - Highlights
 
The following PED revenues comprise of delivery services of medical and recreational cannabis within Ontario and Manitoba to various Business-to-Consumer and Business-to-Business licensed producer companies and liquor deliveries in Saskatchewan:
 
Revenue from January to July 2021 totaled $6,130,375.
Total revenue for May-July 2021 totaled $2,568,486 (unaudited) (February-April 2021 - $2,636,478 - audited) with gross margin for May-July 2021 of 23% (unaudited) (February-April 2021 - 24% - audited).
During the period May-July 2021, the number of deliveries was 157,365 compared to 184,498 February-April 2021. This is due to the (normal) yearly dip in summer deliveries.
Published: 08 September 2021
Written by Editor
Financial Results   CSE  
Read more: World-Class Extractions ( PUMP )

Appliance Recycling Centers of America Announces Second Quarter 2017 Financial Results

MINNEAPOLIS, Aug. 21, 2017  -- Appliance Recycling Centers of America, Inc. (Nasdaq: ARCI) ("ARCA" or the "company"), a leading provider of utility appliance recycling programs, announces today its financial results for the second quarter of 2017.
 
Highlights, which are comparable to the same period of 2016, include:
 
Revenues of $25.7 million, an increase of 4.1 percent
Gross profit of $8.7 Million, an increase of 35 percent
Operating Income of $2.5 Million, compared to a loss of $1.1 Million
Published: 21 August 2017
Written by Editor
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Read more: Appliance Recycling Centers of America ( ARCI )

Intersections Inc. Receives Proposal From Loeb Holding Corporation to Acquire its Pet Health Monitoring (VOYCE™) Segment

CHANTILLY, Va., Oct. 28, 2016 -- Intersections Inc. (INTX) ("Intersections, Inc. or the "Company") announced today that its Board of Directors has received a non-binding proposal from Loeb Holding Corporation ("LHC"), the Company's largest stockholder, to acquire the Company's Pet Health Monitoring Segment. LHC's proposal is set forth in an amendment to its Schedule 13D filed today with the SEC.
 
The process of evaluating the proposal and negotiation of any transaction will be overseen by a Special Committee of three independent directors: Thomas G. Amato, Steve Bartlett and John H. Lewis. The Special Committee has selected Baker Botts LLP to serve as its independent legal advisor and expects to retain an independent financial advisor to assist the Special Committee in evaluating the proposal. 
Published: 31 October 2016
Written by Editor
Nasdaq   Up on News  
Read more: Intersections Inc ( INTX )

Cardtronics to Acquire DirectCash Payments

HOUSTON, TX and CALGARY, AB--(October 03, 2016) - Cardtronics plc(CATM) - Highlights
 
DirectCash Payments is a leading operator of approximately 25,000 ATMs across Australia, Canada, the United Kingdom, New Zealand and Mexico
Acquisition includes DCPayments' acquisition of 3,500 ATMs in Australia from First Data Corporation, completed on September 30, 2016
Establishes Australia and New Zealand as new markets for Cardtronics
Significantly scales presence in Canada and the United Kingdom
Addition of new marquis financial institution and retail customers in multiple markets
Expected to be accretive to Cardtronics adjusted net income per share after closing
Published: 03 October 2016
Written by Editor
TSX   M & A   Up on News  
Read more: DirectCash Payments Inc ( DCI )

EZCORP Enters Into Agreement to Sell Grupo Finmart

Continued progress in executing three year plan
 
AUSTIN, Texas, July 06, 2016 -- EZCORP, Inc. (EZPW) today announced that it has entered into a definitive agreement to sell Prestaciones Finmart, S.A.P.I. DE C.V., SOFOM, E.N.R. (“Grupo Finmart”) to Alpha Holding, S.A. de C.V. (“AlphaCredit”), a leader in consumer lending in Mexico and Colombia.  EZCORP currently owns 94% of Grupo Finmart, a provider of consumer loans to government agency employees in Mexico.
 
The decision to divest Grupo Finmart is a result of the continued execution of EZCORP’s three-year strategic plan and is expected to provide EZCORP with additional capital to invest in its U.S. and Mexico pawn businesses. 
 
EZCORP Chief Executive Officer Stuart Grimshaw said: “We have been consistently executing the three year strategic program we announced in July 2015 to focus on meeting our customers’ need for cash better than anyone else in the industry, optimizing our pawn businesses and achieving returns on investment above our cost of equity.  After the sale of Grupo Finmart, 99% of our revenue will be generated from our U.S. and Mexico pawn businesses.”
Published: 07 July 2016
Written by Editor
Nasdaq   Up on News  
Read more: EZCORP Inc ( EZPW )
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