Latest news with #SpringHealth
Yahoo
11-07-2025
- Business
- Yahoo
Kinnevik AB (KNEVF) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Net Asset Value (NAV): Up 2% to 36.8 billion SEK or 133 SEK per share at the end of Q2 2025. Private Portfolio Fair Value: Increased by 3% in SEK and 5% in constant currencies. Net Cash Position: 9.6 billion SEK after investing 0.9 billion SEK. Investment Pace: 860 million SEK in Q2, with 0.7 billion SEK in new portfolio additions. Core Companies Revenue Growth: Over 35% year-over-year in the first half of 2025. EBITDA Margin Improvement: Increased by 4 percentage points year-over-year. Travel Perk Revenue: Annualized revenues reached $275 million in Q2, up from $200 million at the start of the year. Core Companies Valuation: Up 3% in SEK and 7% in constant currencies. Currency Impact: Negative impact of 0.7 billion SEK on NAV due to currency movements. Core Companies Future Outlook: Expected average growth of 30-40% over the next 12 months with an EBITDA margin between break-even and 5%. Warning! GuruFocus has detected 3 Warning Sign with KNEVF. Release Date: July 08, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Kinnevik AB (KNEVF) reported a 2% increase in net asset value, reaching 36.8 billion SEK at the end of the second quarter. The private portfolio's fair value increased by 3% in SEK and 5% in constant currencies. The company maintains a strong net cash position of 9.6 billion SEK, providing flexibility for future investments. Core companies like Spring Health, Travel Perk, and Pleo demonstrated solid operational performance, with revenue growth over 35% on average. Tandem Health, a new portfolio addition, is expanding rapidly with its AI medical assistant, showing significant potential for growth across Europe. Currency fluctuations negatively impacted the net asset value by 0.7 billion SEK in the quarter. The US dollar depreciation and Euro appreciation led to a 2.5% decrease in the private portfolio's currency basket value. City Block's valuation faced a 1% decline due to multiple contractions despite solid performance. The market environment for transactions within the existing portfolio was limited in Q2, affecting capital deployment. Recursion Pharmaceuticals' stock performance has been weak, down nearly 30% this year, despite positive developments in partnerships. Q: Could you explain the almost 10% point difference between peer multiples and your multiples? A: Samuel Sjostrom, CFO: The strong operating performance this quarter allowed us to increase the discounts across the portfolio. We aim to let other investors re-rate our businesses, similar to what happened with Travel Perk earlier this year. Q: What is the market opportunity for Tandem Health, and how can it become a unicorn? A: Georgi Ganev, CEO: Tandem Health has significant traction with its AI medical assistant already adopted across Europe. The potential lies in expanding the product suite to integrate with healthcare systems, which presents a large market opportunity, especially in the fragmented European market. Q: How does the IPO of Hinge Health impact Spring Health's valuation? A: Samuel Sjostrom, CFO: We include Hinge Health in the peer set but do not overweight it. Spring Health is growing faster, but we account for a potential IPO discount to ensure we're on the right side of valuations. Q: Could you elaborate on Spring Health's profitability and client retention? A: Samuel Sjostrom, CFO: Spring Health is profitable on a cash flow basis, slightly behind Hinge Health in margins but growing faster. There has been no churn in major clients; the changes in highlighted clients reflect Spring's communication preferences. Q: What is the outlook for City Block given recent US Medicaid cuts? A: Georgi Ganev, CEO: Despite potential short-term turbulence, City Block's long-term growth potential remains intact due to its small market share and proven cost reductions. We have not changed our 2-3 year growth plan for City Block. Q: Will Kinnevik consider utilizing the buyback mandate given the current market conditions? A: Georgi Ganev, CEO: While we have the buyback tool available, current investment opportunities within our portfolio and focus sectors are prioritized. The timing of any buyback will be considered carefully. Q: How does Kinnevik plan to manage its cash position if the IPO market opens up in 2026? A: Georgi Ganev, CEO: We see opportunities to invest in new and existing businesses. An IPO does not necessarily mean divestment; we may remain long-term holders if the company is attractive. Our cash position is a strategic asset in the current market. Q: What is the nature of the smaller investments made this quarter? A: Samuel Sjostrom, CFO: The significant investment was in a tech bio company, with details to be announced later. We also invested in an early-stage AI native software business, identified through our core companies' usage. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Health
- Yahoo
One dad opened up about the fatherhood mental load—then the internet had a lot to say
When dad and podcast guest Nick Mulenos started talking about the 'father mental load,' it wasn't supposed to go TikTok viral. But a clip from the Haven! podcast—where he and host Haven Weits unpacked the pressures fathers often carry—sparked heated commentary after it was posted. With over 56,000 views, some viewers said the conversation offered a refreshing glimpse into how men carry unseen stress. Others argued it sidestepped the real issue: women have been naming and managing the mental load for decades—and they're still waiting for tangible support. So what happens when both parents feel unseen? Related: Mom of four explains why some men aren't prepared for modern fatherhood in viral video In the original clip, Mulenos described the pressure many men feel to be stoic and self-sufficient. 'There's also an expectation among men that we handle our own stuff and we handle our own problems,' he said. That comment resonated with some. @Roberto wrote, 'As a man & provider, I live with the constant fear that I am one mistake or one event away from my family being homeless, hungry, and afraid.' But others pushed back. 'Anddddd how many of those things does the wife need to remind/ask him to do on a weekly basis ' @ replied, pointing out that many women juggle careers and the bulk of daily domestic responsibilities. Even Haven's husband, Aaron Weits, said his version of the mental load looks different. He's often thinking about 'big-picture' concerns—how to keep the family financially stable, where the kids will go to school, how to stay safe in their Los Angeles neighborhood. 'It can be less tangible and sometimes because of that, it's harder to talk about,' he said. 'It's just a natural expression as a dad.' That distinction—day-to-day logistics vs. long-term planning—is one that many couples may relate to. But it can also lead to misunderstanding, especially when one partner's load is invisible by design. According to USA Today, Dr. Mill Brown, chief medical officer at Spring Health, the emotional labor that both partners carry deserves more attention. He notes that today's dads are more involved than ever, but they're still navigating societal messages that discourage vulnerability. 'Just because dads don't show their emotions as much as moms, doesn't mean that their feelings and stress do not exist in their family,' Brown said. But here's the challenge: expressing that stress without erasing what moms are already carrying. 'If they're bringing up 'Hey, I need help with what I'm carrying,' and your response is 'Look at what I'm carrying,' that can be invalidating,' Mulenos acknowledged. Mental health professionals suggest couples build rituals for communication—shared calendars, weekly check-ins, and regular time to reconnect without kids in tow. These are small tools that help couples stay aligned on their shared goals—and their unseen burdens. The truth is, no one wins when we frame parental stress as a competition. As more moms work outside the home, and as more dads try to show up differently than the generations before them, the mental load is shifting—and so are the stories we tell about it. One thing hasn't changed: parenting is still hard. The difference is that we now have more language—and more opportunities—to name the load before it breaks us. Mulenos hopes dads don't stay silent. 'I want them to be transparent with their feelings,' he said. 'But I just want it to be seen as we're carrying our family forward.' Related: I'm defined by fatherhood right now—and it's been a huge adjustment There's room in the conversation for both moms and dads—if we listen to be understood, not just heard. The mental load looks different in every household, but one truth is nearly universal: when both parents feel seen and supported, families thrive. Let's keep talking.
Yahoo
15-06-2025
- Health
- Yahoo
The 'father's mental load' and why men don't feel comfortable expressing it
The term "mental load" is commonly used to describe the responsibilities that women and mothers often bear for their families. But what about the mental load fathers carry? Haven Weits, 33, explored the topic in an episode of her podcast 'Haven!' with her friend Nick Mulenos, 35. 'Yes, we have things that we carry that the other partner may not carry,' he said on the May 5 episode. 'There's also an expectation among men that we handle our own stuff and we handle our own problems.' The clip, which amassed more than 53,000 views on TikTok, prompted some controversy in the comment section about the father mental load, whether it exists and why men don't feel comfortable expressing it. "Men use the same five chores as some sort of rebuttal to minimize their wives' work in the home while the majority of moms ALSO have a job," one Instagram user commented. "What many women don't get is the constant stress and fear that men are under constantly," another user commented. "There is no room for failure because if I fail, we all fail." There's no question fathers and men carry their own version of the mental load, said Dr. Mill Brown, chief medical officer at Spring Health, a mental health platform. And today's dads are more engaged and involved with their children than fathers in previous generations, research has shown. But societal pressure, a lack of male role models and a disregard for men's mental health have made it difficult for them to share their anxieties. 'Dads have been influenced by society to be tough, stoic, strong and hold these feelings in,' he said. 'Just because dads don't show their emotions as much as moms, doesn't mean that their feelings and stress do not exist in their family.' While Haven's mental load typically consists of daily tasks, her husband tends to think big-picture. Aaron Weits, 36, worries about long-term goals like where the family will live in five years, where the children will go to school and how to financially support those goals. 'It can be less tangible and sometimes because of that, it's harder to talk about,' he said. He also bears the burden of how to keep the family safe where they live in Los Angeles. He remembers his father doing the same thing and automatically assumed that role when he had children. 'Even if I'm hovering at the mall, I'm always keeping an eye on everyone,' Aaron said. 'It's not something I share, but it's almost innate. It's just a natural expression as a dad.' On top of household tasks and financial security, Mulenos said part of his mental load is how he can better support his wife and offload some of her mental stress. He also worries that expressing his mental load would inadvertently invalidate his wife's experiences and struggles. 'If they're bringing up 'Hey, I need help with what I'm carrying,' and your response is 'Look at what I'm carrying' – that can be invalidating,' he said. 'Even though that's not the intent, they don't want to push down what their wife is expressing to them.' A new age of parenting has created various pressures and challenges for both moms and dads, mental health experts said. Both parents tend to worry about income stability, financial issues, job performance and keeping track of a busy family. 'Trying to be a modern parent comes with its own pressures, especially when compared to traditional societal expectations for the role,' Brown said. Couples can share the parenting load by having a shared calendar, setting up regular family meetings to align on tasks and consistently sharing what responsibilities each partner is taking on, he said. Date nights and one-on-one time have helped Haven and Aaron be more receptive to each other's needs when sharing the responsibilities for their family. Though he wants more men to be able to effectively communicate their needs, Mulenos hopes both men and women can recognize the importance of understanding each other's mental load. 'What I want is for the conversation around the mental load – in general – to be continued and magnified,' he said. 'It's not that I want fathers to stay silent, I want them to be transparent with their feelings but I just want it to be seen as we're carrying our family forward.' Adrianna Rodriguez can be reached at adrodriguez@ This article originally appeared on USA TODAY: Father's Day and what to know about the male 'mental load'
Associated Press
12-06-2025
- Business
- Associated Press
Southwire Celebrates Inaugural Sustainability Week
View the original article at In honor of the company's 75th anniversary and in celebration of Earth Month, Southwire hosted its first ever Sustainability Week in April. The sustainability team hosted a week of communications, education and activities to engage team members across the globe. 'In order for Southwire to continue to be generationally sustainable for the next 75 years and beyond, we need everyone on board,' said Burt Fealing, Southwire's EVP, General Counsel and Chief Sustainability Officer. 'We hope that Sustainability Week helped all of our team members, 9,000 plus strong, better understand how they can get involved in sustainability and how they can be a leader in these efforts at home, at work and in their communities.' Each day of Sustainability Week was focused on one of Southwire's five core tenets of sustainability: Growing Green Monday highlighted success stories from the sustainability champions at Southwire's Denton, Tx., Lafayette, In., and North Campus, Ga. sites. Sustainability champions are volunteer roles at each site who are responsible for furthering local energy, water and waste efficiency projects. Living Well Tuesday featured health and wellness benefits available to all Southwire team members, including free therapy and coaching sessions from Spring Health, digital musculoskeletal therapy for back and joint pain from Hinge Health, webinars and resources for National Stress Awareness Month & Substance Abuse Awareness Month and more. Giving Back Wednesday promoted volunteer events in April including electronics recycling and our annual Walk for Water fundraiser. The day also highlighted Southwire's Dollars for Doers program, which enables team members to earn donation credits for volunteer hours served, redeemable to any 501(c)(3) nonprofit of their choice. Doing Right Thursday told the story of how Southwire's ethics & compliance program was built from the ground up and how it contributed to Southwire being named one of the World's Most Ethical Companies® by Ethisphere for the second year in a row. Building Worth Friday included an educational presentation on sustainable innovations happening within Southwire, as well as a panel discussion on Building a STEM Career in Green Technology in partnership with Georgia Tech and Envision Racing, one of the founding and most successful teams in Formula E racing. During Earth Month, Southwire also distributed nearly 400 trees to team members to plant at home or at a facility. Through the Arbor Day Foundation's community canopy program, team members signed up to have trees delivered directly to their home or to their manufacturing or distribution site, with web-based tools to help them identify the ideal planting location to maximize energy savings and carbon sequestration. Southwire also partnered with Neighborhood Forest to gift trees to students at our two 12 for Life facilities in Carrollton, Ga. and Florence, Al. to plant with their families at home. To learn more about sustainability initiatives at Southwire, visit Visit 3BL Media to see more multimedia and stories from Southwire
USA Today
12-06-2025
- Health
- USA Today
One dad talked about the 'father's mental load.' Then the backlash hit.
One dad talked about the 'father's mental load.' Then the backlash hit. Show Caption Hide Caption The surprising origins of Father's Day The very first Father's Day in America was celebrated on June 19, 1910, in the state of Washington. unbranded - Lifestyle The term "mental load" is commonly used to describe the responsibilities that women and mothers often bear for their families. But what about the mental load that fathers carry? Haven Weits, 33, explored the topic in an episode of her podcast 'Haven!' with her friend, Nick Mulenos, 35. 'Yes, we have things that we carry that the other partner may not carry,' he said on the May 5 episode. 'There's also an expectation among men that we handle our own stuff and we handle our own problems.' The clip, which amassed more than 53,000 views on TikTok, prompted some controversy in the comment section about the father mental load, whether it exists and why men don't feel comfortable expressing it. "Men use the same five chores as some sort of rebuttal to minimize their wives' work in the home while the majority of moms ALSO have a job," one Instagram user commented. "What many women don't get is the constant stress and fear that men are under constantly," another user commented. "There is no room for failure because if I fail, we all fail." There's no question that fathers and men carry their own version of the mental load, said Dr. Mill Brown, chief medical officer at Spring Health, a mental health platform. And today's dads are more engaged and involved with their children than fathers in previous generations, research has shown. However, societal pressure, a lack of male role models and a disregard for men's mental health have made it difficult for them to share their anxieties. 'Dads have been influenced by society to be tough, stoic, strong and hold these feelings in,' he said. 'Just because dads don't show their emotions as much as moms, doesn't mean that their feelings and stress do not exist in their family.' What does the 'father mental load' look like? While Haven's mental load typically consists of daily tasks, her husband tends to think big picture. Aaron Weits, 36, worries about long-term goals like where the family will live in five years, where the children will go to school and how to financially support those goals. 'It can be less tangible and sometimes because of that, it's harder to talk about,' he said. He also bears the burden of how to keep the family safe where they live in Los Angeles. He remembers his dad doing the same thing and automatically assumed that role when he had children. 'Even if I'm hovering at the mall, I'm always keeping an eye on everyone,' Aaron said. 'It's not something I share but it's almost innate. It's just a natural expression as a dad.' On top of household tasks and financial security, Mulenos said part of his mental load is how he can better support his wife and offload some of her mental stress. He also worries that expressing his mental load would inadvertently invalidate his wife's experiences and struggles. 'If they're bringing up, 'hey, I need help with what I'm carrying,' and your response is, 'look at what I'm carrying' – that can be invalidating,' he said. 'Even though that's not the intent, they don't want to push down what their wife is expressing to them.' Recognizing the mental load in both partners A new age of parenting has created various pressures and challenges for both moms and dads, mental health experts said. Both parents tend to worry about income stability, financial issues, job performance and keeping track of a busy family. 'Trying to be a modern parent comes with its own pressures, especially when compared to traditional societal expectations for the role,' Brown said. Couples can share the parenting load by having a shared calendar, setting up regular family meetings to align on tasks and consistently sharing what responsibilities each partner is taking on, he said. Date nights and one-on-one time have helped Haven and Aaron be more receptive to each other's needs when sharing the responsibilities for their family. While he wants more men to be able to effectively communicate their needs, Mulenos hopes both men and women can recognize the importance of understanding each other's mental load. 'What I want is for the conversation around the mental load – in general – to be continued and magnified,' he said. 'It's not that I want fathers to stay silent, I want them to be transparent with their feelings but I just want it to be seen as we're carrying our family forward.' Adrianna Rodriguez can be reached at adrodriguez@
