[ad_1] Base Carbon Inc. TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Base Carbon Inc. (Cboe CA: BCBN) (OTCQX: BCBNF) with operations through its wholly-owned subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”, together, with affiliates, “Base Carbon”, or the “Company”), is pleased to announce its first-quarter 2025 consolidated financial results and operational highlights. The Company will host an investor update call on Tuesday, May 27th at 11:00 a.m. Eastern Time, with registration instructions provided below. All financial references are denominated in U.S. dollars, unless otherwise noted. Company Highlights for the Three Months Ended March 31, 2025: Q1 2025 normal course issuer…
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[ad_1] Base Carbon (BCBNF) has reported its Q1 2025 financial results, marking its 4th consecutive quarter of carbon credit sales. The company generated $0.8 million in net cash proceeds from Vietnam water purifier carbon credit monetization and reported total assets of $112.3 million, including $13.4 million in cash and $25.6 million in carbon credit inventory.The company achieved a comprehensive income of $518,000 for Q1 2025, compared to a loss of $19.8 million in Q1 2024. Base Carbon repurchased over 0.7 million shares during Q1, with an additional 3.75 million shares repurchased post-quarter, reducing total outstanding shares to 104.75 million. The…
[ad_1] Image source: Getty Images For many years, some investors have believed that utilities are a safe haven, with regulated prices and monopolistic markets hopefully allowing them to raise their dividends endlessly. But I do not share that view. SSE cut its dividend a few years back, as if to prove the point, and I have long had concerns about the dividend payout sustainability at power network operator National Grid (LSE: NG). I have avoided buying National Grid shares because I feared its growing debt pile and high capital expenditure requirements meant it might not be able to keep growing…
[ad_1] California companies send millions out of state for dubious carbon offsets that could… [ad_2] Source link
[ad_1] Microsoft Corp. has agreed to finance the extraction of 18 million tons of carbon dioxide from the atmosphere, in what’s set to be one of the largest-ever purchases of carbon removal credits.The cloud computing and AI behemoth has entered into an agreement with Rubicon Carbon, a company run by former Bank of America Corp. executive, Tom Montag, and backed by TPG Inc.’s Rise Climate fund. The deal entails delivery of carbon credits generated from projects that sequester CO2 by planting trees or restoring degraded land, according to a statement on Thursday. [ad_2] Source link
[ad_1] Image source: Getty Images International Consolidated Airlines’ (LSE: IAG) share price is down 14% from its 7 February 12-month traded high of £3.68. This is despite the 9 May release of Q1 2025 results showing a 191% year-on-year rise in operating profit to €191m (£161m). It was also way ahead of consensus analysts’ forecasts of €158m for the period. This came on the back of a 9.6% rise in total revenue to €7.044bn and an 18% drop in net debt to €6.129bn. Its operating margin more than doubled to 2.8% from 1.1%. The figures showed continued improvement over the…
[ad_1] Image source: Getty Images Over the last couple of years the Burberry (LSE: BRBY) share price has been on a huge rollercoaster ride. After losing 79% of its value, and finding itself relegated to the FTSE 250, it finally bottomed last September at 556p. Then, in a few short months the stock doubled in price before losing virtually all of the gains in the tariff-induced sell-off. But progress against the strategy certainly excited investors yesterday (14 May). Terrible numbers Of course, before I get too carried away, its full-year results were truly awful. Virtually every important metric was down…
[ad_1] French climatetech Riverse, which provides a carbon crediting standard and platform for engineered climate solutions, has raised €5 million in Seed funding to expand its platform and better connect businesses with relevant carbon credits. The round was co-led by Alven and Racine, an impact fund managed by Serena and Makesense, with participation from previous investor SpeedInvest and Spanish VC Kfund. The fresh capital follows a pre-seed round that enabled the company to build its core product and establish the Riverse Standard, a scientifically rigorous framework for measuring and verifying emissions reductions and removals. With its new funding, the startup…
[ad_1] Early investor Spark Capital scored a massive $530 million gain as trading platform eToro (NASDAQ: ETOR) made a spectacular entrance into public markets on Wednesday, with shares closing 29% above their initial offering price. The Israel-based investment platform closed at $67 per share, well above its $52 IPO price, giving the company a market valuation exceeding $5.5 billion and delivering a 29-fold return on Spark’s original $19 million investment made 15 years ago.eToro Shares Jump After $620 Million IPOYoni Assia, the CEO of eToroThe trading platform and some of its backers raised nearly $620 million in an upsized public…
[ad_1] Image source: Getty Images The National Grid (LSE: NG) share price jumped 2.8% this morning (15 May) after it released a solid set of full-year results, offering a welcome lift for long-term shareholders. For years, the energy transmissions giant has been seen as one of the FTSE 100’s most dependable stocks. A core holding for cautious investors seeking stability, steady growth and reliable dividend income. As a regulated utility, it doesn’t often excite the market, but that’s part of the attraction, I suppose. I’ve never been excited enough to buy it myself. Today’s full-year results to 31 March see…