GAP Airports presents 2024 Sustainability Report
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Business Wire
11 hours ago
- Business Wire
Jack Nathan Health Announces Its Q4 and Year End Fiscal 2025 Financial Results
TORONTO--(BUSINESS WIRE)-- Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF) ('Jack Nathan Health', 'JNH' or the 'Company') announced today its audited consolidated annual financial results for the fourth quarter of fiscal 2025, and fiscal year ended January 31, 2025. Jack Nathan Health's financial statements are prepared in accordance with International Financial Reporting Standards ('IFRS'). Disclosure Regarding Filing Timing As previously disclosed in a press release issued on June 9, 2025, the Company was unable to file its annual financial statements, MD&A, and related CEO and CFO certifications for the fiscal year ended January 31, 2025, by the prescribed filing deadline of May 31, 2025. The delay was due to operational restructuring, resource realignment, and transition impacts following the divestiture of its Canadian primary care operations and the winding down of Mexico operations. The Company is pleased to confirm that it has now completed the filings within the 90-day permitted period, and all required documents are available on SEDAR+. Management Commentary Mike Marchelletta, Chief Executive Officer, commented: 'Fiscal 2025 was a pivotal year of transition for Jack Nathan Health. We successfully completed the divestiture of our Canadian primary care and licensee business, which significantly improved our balance sheet and eliminated legacy obligations. Following year-end, we also ceased all clinic operations in Mexico after the termination of our agreement with Walmart Mexico. With both legacy business segments now exited, our current focus is on internal restructuring, stabilizing our operations, and preserving cash while evaluating future strategic opportunities. We believe these actions have positioned the Company for a more focused path forward.' Financial Highlights for the fiscal year ended January 31, 2025 For the fiscal year ended January 31, 2025, total consolidated revenues were $19.1 million, consistent with the prior year. Revenues from continuing operations increased 26% to $8.7 million driven by the full-year contribution from MedSpa operations and the continued activity of the Mexico division through fiscal year-end. MedSpa revenues were $1.03 million, up 90% year-over-year. Discontinued operations contributed $10.4 million in revenue prior to the sale of the Canadian medical clinic and licensee business on December 1, 2024. Note on Mexico Operations: The 2025 financial statements reflect the Mexico clinic operations as part of continuing operations, as these locations were active through January 31, 2025. However, subsequent to year-end, all operations in Mexico were fully ceased as of June 30, 2025 following the formal termination of the Company's agreement with Walmart Mexico. As such, the Mexico division is no longer part of Jack Nathan Health's active business going forward. The Company reported a loss from continuing operations of $2.5 million, compared to $1.3 million in the prior year. However, discontinued operations yielded a net gain of $9.99 million, largely driven by a $16.4 million gain on the sale of the Canadian operations. Balance Sheet as of January 31, 2025 Cash of $2.2 million (January 31, 2024 - $3.06 million) Total assets of $3.54 million (January 31, 2024 - $11.19 million) Total liabilities of $2.22 million (January 31, 2024 - $17.13 million) Working capital improved to $1.4 million, compared to a working capital deficit of $0.5 million the year prior. Shares Outstanding As of January 31, 2025, the Company had 87,099,159 common shares outstanding, 1,650,000 stock options outstanding and 335,004 DSUs outstanding. For further information regarding the Company's financial results for fiscal year ended January 31, 2025, please refer to the audited annual consolidated financial statements of the Company as at and for the 12 months ended January 31, 2025 together with the corresponding MD&A, available at and the JNH website https// About Jack Nathan Medical Corp. Jack Nathan Health® is a provider of MedSpa services in Canada and a former operator of one of the largest retail medical clinic networks in North America. Established in 2006 the Company expanded its international footprint, delivering exceptional, state-of-the-art, turn-key medical centers in 253 locations globally, with 193 corporately owned and operated. In Canada, the Company grew to 82 locations, including 80 clinics in Walmart locations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec and 2 independent locations, with 22 corporate owned and operated clinics of which 3 included Rehab services and 6 included MedSpa services. In Mexico, the Company grew to 171 corporate owned clinics across Mexico within 3 divisions, including 165 retail clinics, 5 clinics inside Walmart Distribution Centers servicing Walmart Associates, and 1 multidisciplinary clinic. In December 2024, Jack Nathan Health restructured its Canadian medical operations through an asset sale to Well Health Technologies Corp. Following the exit from its Walmart Mexico operations in May 2025, the Company continues to operate its Canadian MedSpa clinics and is actively evaluating strategic opportunities for its future business in Canada, Mexico & USA. For more information, visit https// or Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Appendix: Certain statements contained in this press release constitute "forward-looking information" as such term is defined in applicable Canadian securities legislation. The words "may", "would", "could", "should", "potential", "will", "seek", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions as they relate to Jack Nathan are intended to identify forward- looking information. All statements other than statements of historical fact may be forward- looking information. Such statements reflect the Company's current views and intentions with respect to future events, and current information available to them, and are subject to certain risks, uncertainties, and assumptions Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Such factors include but are not limited to: changes in economic conditions or financial markets; increases in costs; litigation; legislative and other judicial, regulatory, political, and competitive developments; and operational difficulties. This list is not exhaustive of the factors that may affect forward-looking information. These and other factors should be considered carefully, and readers should not place undue reliance on such forward- looking information. Should any factor affect the Company in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, the Company does not assume responsibility for the accuracy or completeness of such forward- looking information. The forward-looking information included in this press release is made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward- looking information, other than as required by applicable law.
Business Wire
2 days ago
- Business Wire
Nebius Group 2024 Sustainability Report highlights importance of sustainability to long-term value creation in AI infrastructure
AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. (NASDAQ: NBIS), a leading AI infrastructure company, today published its 2024 Sustainability Report, reinforcing its position as a sector leader in transparency around sustainability issues and underscoring how sustainability delivers wins for Nebius, our customers, and society more broadly. Prepared referencing European Sustainability Reporting Standards (ESRS), the report shows how Nebius embraces sustainability as a core element of its business strategy. This translates directly into competitive advantages including operational cost leadership through energy efficiency; regulatory readiness for emerging standards; and differentiation in an increasingly sustainability-conscious market. John Boynton, Chairman of Nebius, said: "Sustainability is not something we do on the side — it is integral to how we are building our business to be competitive. This is a strategic approach in which every efficiency gain we engineer into our infrastructure translates directly into better performance. When we save 10 GWh of energy through hardware optimization or achieve a PUE of 1.1 at our data centers, we are delivering superior economics that enable long-term value creation while reducing environmental impact." The 2024 Sustainability Report shows how Nebius's strong performance across key sustainability metrics translates directly to business advantages. The company achieved approximately 20% lower TCO through infrastructure efficiencies, including resilient hardware design and energy efficiency solutions, while its custom-designed servers saved 10 GWh of energy in 2024 alone compared to off-the-shelf alternatives. Nebius's flagship data center in Mäntsälä, Finland, showcases the company's approach to marrying high performance with outstanding efficiency in its infrastructure, including in-house designed hardware optimized for thermal management, water- and refrigerant-free air cooling, and recycling of server heat. The data center's innovative heat recovery system covers 65% of the local municipality's heating needs, transforming what other providers consider waste into a valuable community resource. The Company's commitment to low-carbon operations is reflected in its energy sourcing, with 94% of electricity consumed coming from low-carbon sources. This results in a market-based emissions intensity of just 0.04 tCO₂-eq per 1 MWh of energy used — among the lowest reported in the technology sector. Nebius also recycled nearly 100% of its retired hardware, addressing growing concerns over e-waste as GPU generations evolve rapidly. You can read more about Nebius's comprehensive approach to sustainability — including our approach to sustainable computing, social impact through educational initiatives, and how our highly performant infrastructure integrates the highest standards of security and reliability — in our 2024 Sustainability Report, available at About Nebius Group Nebius (NASDAQ: NBIS) is a technology company building full-stack infrastructure to service the rapid growth of the global AI industry, including large-scale GPU clusters, cloud platforms, and tools and services for developers. Headquartered in Amsterdam and listed on Nasdaq, the company has a global footprint with R&D hubs across Europe, North America, and Israel. Nebius's AI Cloud has been built from the ground up for intensive AI workloads. With proprietary software and hardware designed in-house, Nebius gives AI builders the compute, storage, managed services and tools they need to build, tune and run their models. As well as its core AI infrastructure business, Nebius Group also operates additional businesses under their own distinctive brands: Avride — one of the most experienced teams developing autonomous driving technology for self-driving cars and delivery robots. TripleTen — a leading edtech player in the U.S. and certain other markets, re-skilling people for careers in tech. It also holds equity stakes in other businesses including ClickHouse (open-source column-oriented DBMS) and Toloka (a data partner for AI development).
Business Wire
2 days ago
- Business Wire
Eaton continues to progress on its sustainability targets, as outlined in new report
DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced in its 2024 Sustainability Report that the company is progressing toward its sustainability targets. Furthering its goals beyond 2030, the report also details Eaton's new commitment to becoming net zero by 2050—a target validated by the Science Based Targets initiative (SBTi). Highlights from Eaton's sustainability report include: Reducing greenhouse gas (GHG) emissions by 35%, up from 31% in 2023, in its operations since 2018 through energy efficiency projects, energy conservation, and shifts to renewable energy. Eaton's goal is to reduce 50% of GHGs from its operations by 2030 and become net zero by 2050. Certified 83% of manufacturing sites as zero waste to landfill, up from 79% in 2023—advancing toward the goal of 100% certification by 2030. Certified 21% of manufacturing sites as zero water discharge, up from 16% in 2023, surpassing its goal to certify 10% of its sites in water-stressed areas by 2030. Invested $1.7 billion in research and development for solutions aligned with the company's Positive Impact Framework since 2020, up from $1.3 billion in 2023, and progressing toward its goal to invest $3B by 2030. 'We're proud to demonstrate meaningful progress on our sustainability journey,' said Harold Jones, chief sustainability officer and executive vice president, Eaton Business System, Eaton. 'Powered by the dedication of our global teams and our ongoing commitment to support customers, partners and the communities in which we live and work, we're turning our vision for a more sustainable future into reality.' Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we're helping to solve the world's most urgent power management challenges and building a more sustainable society for people today and generations to come. Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit Follow us on LinkedIn.
