Med spas together with hospital systems have started compressing private practices; Dr. Meegan Gruber urges patients to prioritize safety.
TAMPA, FLORIDA / ACCESS Newswire / August 13, 2025 / Board-Certified Plastic Surgeon Dr. Meegan Gruber, MD, PhD, has launched an alert about the fast transformation of private practice ownership from physicians to large hospital systems and fast-growing med spas. The AMA conducted a benchmark survey which revealed that private practice physicians decreased from 60.1% in 2012 to 42.2% in 2024. Patients require ongoing medical care with personal physician supervision. The current market dynamics override medical expertise when it comes to determining both the delivery sites and methods of aesthetic care, according to Dr. Gruber.
The medical landscape has transformed into a hospital and corporate employment-based structure — a national analysis by the Physicians Advocacy Institute and Avalere found hospital and corporate employment rates reached 77.6% by January 2024. The same study indicates hospital employment increased to 55.1% while corporate employment reached 22.5% because of intense consolidation, which weakens patient-physician decision-making.
Med spas have both proliferated in numbers and generated substantial revenue growth during the same period. Medical spas in the United States now operate above $17 billion annually while their market grows at a rate exceeding $1 billion yearly, according to the American Med Spa Association. The American Med Spa Association reports that the medical spa industry now generates $17 billion in revenue annually and adds $1 billion each year to its market value. New medical spa establishments increased by 18% during 2023, according to recent data. Medical standards that lack uniformity will produce inconsistent treatment results according to Dr. Gruber. Multiple states experienced hospitalizations because federal investigations revealed multiple cases of counterfeit botulinum toxin and mishandled injections in non-regulated medical settings.
Price and convenience will never replace the importance of medical training and established protocols, according to Dr. Gruber. Patients should verify the identity of the procedure performer and the supervising physician’s board certification and confirm emergency readiness at the facility. She suggests patients check for ABMS-recognized board certification in plastic surgery and insist on meeting the surgeon personally and verify where they source injectables.
Dr. Gruber provides awake surgery under local anesthesia to qualified candidates as an option that reduces general anesthesia exposure and enables real-time team communication. She stated that the patient needs to be the correct choice while the procedure needs to be appropriate for the patient and the treatment must occur in an appropriate environment.
At Gruber Plastic Surgery patients can discover more information about physician-led care that maintains continuity and learn about awake surgery and schedule a safety oriented consultation by contacting us.
About Gruber Plastic Surgery
Gruber Plastic Surgery, located in Tampa, FL, is led by Dr. Meegan Gruber, Ph.D., board-certified plastic surgeon renowned for her pioneering work in awake plastic surgery. Dr. Gruber, also the star of “Awake Surgery,” which you can stream today on TLC GO, HBO MAX, Hulu, Discovery+, and other streaming platforms, integrates advanced techniques and cutting-edge technology to deliver safe, comfortable, and natural-looking results with minimized recovery time. Specializing in awake surgeries, the clinic offers a range of state-of-the-art procedures. Dr. Gruber is committed to innovation and education, ensuring precision and safety in every treatment, while enhancing patient confidence through individualized care and surgical expertise.
Dispatch continues to scale last-mile logistics through strategic investments in AI, talent, and customer success.
BLOOMINGTON, MN / ACCESS Newswire / August 13, 2025 / Dispatch is proud to announce its inclusion on the 2025 Inc. 5000 list of America’s fastest-growing private companies for the fourth consecutive year. This prestigious recognition highlights Dispatch’s sustained growth and technological innovation within the highly competitive logistics and transportation sector.
“Being named to the Inc. 5000 once again is an incredible achievement and speaks to our ongoing commitment to scaling last-mile delivery for businesses of all sizes,” said Andrew Leone, CEO and Co-Founder of Dispatch. “This recognition reflects the hard work our team has invested in expanding our capabilities, particularly in areas like AI, company culture, and customer retention. As the industry continues to evolve, we remain focused on driving impactful change in the logistics space.”
Key Growth Drivers
Over the past year, Dispatch has experienced significant growth, driven by strategic investments in technology, talent, and customer success. The company has expanded its AI-driven solutions, enabling an efficient and scalable last-mile delivery platform for businesses across various industries. Dispatch has also strengthened its team, focusing on fostering a positive culture and promoting internal talent, which has been critical to maintaining operational excellence. As a result, Dispatch has seen a remarkable increase in both its customer base and revenue, with a 68% three-year growth rate.
Inc. Methodology
Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent – not subsidiaries or divisions of other companies – as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc.: Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the
ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.
About Dispatch: Dispatch is redefining last-mile delivery for the modern business. As the premier B2B delivery platform, Dispatch empowers organizations with scalable, technology-driven solutions that streamline logistics, enhance visibility, and improve customer satisfaction. Through its robust delivery management software, seamless API integrations, and a reliable network of independent contractor drivers, Dispatch enables businesses of all sizes to simplify and optimize their last-mile operations.
Media Contact:
For more information about Dispatch, please contact the media representative at:
Achieves Strong Financial Performance; Continuing To Deliver Shareholder Value
VANCOUVER, BC / ACCESS Newswire / August 13, 2025 / Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6) a long-standing silver producer in Mexico, announces its unaudited consolidated interim financial results for the second quarter of 2025. All amounts are in U.S. dollars unless stated otherwise.
“We are very pleased to report another quarter of strong financial performance for Avino,” said David Wolfin, President and CEO. “The second quarter of 2025 reflects the positive impact of improved mill availability and the operational discipline demonstrated by our team. Revenue and profitability were supported by higher-than-forecasted tonnes milled and continued improvements in plant efficiency. With two strong quarters behind us, we are firmly on track to meet our 2025 financial and operational targets. At La Preciosa, development and blasting activities continue to advance toward the Abundancia vein structure and we are progressing towards the milestone of bringing La Preciosa material into production. With solid financial results from the Avino Mine and continued progress at La Preciosa, we remain on track with our transformational growth strategy.”
Second Quarter 2025 Financial Highlights (compared to Q2 2024)
Robust Revenues: Avino realized revenues of $21.8 million, representing a 47% increase from $14.8 million, primarily as a result of increased metal prices and consistent production. At the end of the quarter, there was $5.2 million in concentrate sales receivable converted to cash subsequent to quarter end.
Quarterly Profits: Net income after taxes was $2.9 million, or $0.02 per share, an increase from $1.2 million, or $0.01 per share.
Operating Margins Remain Elevated: Gross profit, or mine operating income, was $10.2 million and represented an increase of 118% from $4.8 million. The significant improvement was a result of meaningful unit cost reductions from economies of scale, with 36% higher tonnes milled. This is the third consecutive quarter of over $10 million in mine operating income reported.
Strong EBITDA and Adjusted Earnings: The Company realized earnings before interest, taxes, depreciation and amortization, or EBITDA, of $7.4 million, up 118% from $3.4 million. Adjusted earnings3 was $8.8 million, or $0.06 per share, an increase of 103% from $4.3 million and $0.03 per share.
Improved Costs per Ounce Metrics: Cash costs per silver equivalent payable ounce sold1,2,3 was $15.11, and all-in sustaining cash costs per silver equivalent payable ounce sold1,2,3 was $20.93, a reduction of 7% and 8%, respectively.
Increased Working Capital from Cash Flow: The Company’s balance sheet continued to strengthen with working capital1 increasing to $40.6 million, up $9.2 million, or 30% from $31.3 million at the end of Q1 2025, as a result of another quarter of cash generation. Cash provided by operating activities of $8.3 million or $0.06 per share. Prior to working capital movements, cash generated from operating activities was $6.3 million, or $0.04 per share.
Index Inclusion in Q2 2025: Early July, Avino was included in the S&P/TSX Global Mining Index having been officially recognized as part of a global benchmark for the mining sector. In addition, as announced on May 1, 2025, Avino received inclusion into the Solactive Global Silver Miners Index, further solidifying Avino as an established silver producer with a growing production profile. Avino expects further index inclusion in the coming months which should provide additional liquidity and opportunities for increasing institutional ownership.
Operational and Financial Highlights
HIGHLIGHTS
(In US$, unless otherwise noted)
Second
Quarter 2025
Second
Quarter 2024
Change
YTD 2025
YTD 2024
Change
Tonnes Milled
190,987
140,934
36
%
358,840
310,529
16
%
Silver Ounces Produced
283,619
292,946
-3
%
549,300
543,589
1
%
Gold Ounces Produced
1,774
1,514
17
%
3,999
3,292
21
%
Copper Pounds Produced
1,461,980
1,305,549
12
%
3,065,323
2,652,659
16
%
Silver Equivalent Ounces1 Produced
645,602
616,571
5
%
1,324,060
1,246,053
6
%
Concentrate Sales and Cash Costs
Silver Equivalent Payable Ounces Sold2
676,453
537,037
26
%
1,244,334
1,147,914
8
%
Cash Cost per Silver Equivalent Payable
Ounce1,2,3
$
15.11
$
16.29
-7
%
$
13.97
$
15.55
-10
%
All-in Sustaining Cash Cost per Silver
Equivalent PayableOunce1,2,3
$
20.93
$
22.74
-8
%
$
20.54
$
21.40
-4
%
Financial Operating Performance (in 000’s)
Revenues
$
21,805
$
14,787
47
%
$
40,641
$
27,180
50
%
Mine operating income
$
10,224
$
4,697
118
%
$
20,786
$
7,036
195
%
Net income
$
2,864
$
1,240
131
%
$
8,481
$
1,839
361
%
Earnings before interest, taxes and amortization (“EBITDA”)3
$
7,432
$
3,409
118
%
$
17,130
$
5,122
234
%
Adjusted earnings3
$
8,837
$
4,348
103
%
$
18,592
$
6,404
190
%
Cash provided by operating activities
$
8,350
$
1,078
675
%
$
9,108
$
3,425
166
%
Mine operating cash flow beforetaxes3
$
11,273
$
5,877
92
%
$
22,670
$
9,037
151
%
Per Share Amounts
Earnings per share
$
0.02
$
0.01
100
%
$
0.06
$
0.01
500
%
Adjusted earnings per share3
$
0.06
$
0.03
100
%
$
0.12
$
0.05
140
%
Liquidity & Working Capital (in 000’s)
June 30,
2025
March 31,
2025
Change
June 30,
2025
December 31,
2024
Change
Cash
$
37,279
$
26,627
40
%
$
37,279
$
27,317
36
%
Working capital3
$
40,615
$
31,339
30
%
$
40,616
$
25,235
61
%
2nd Quarter Operating Highlights (Compared to Q2 2024)
Silver Equivalent Production Increased 5%: Avino produced 645,602 silver equivalent ounces in Q2 2025, representing a 5% increase from Q2 of 2024. This increase was driven by significantly improved mill availability, with our highest quarterly mill throughput in history. This record throughput was partially offset by lower feed grades in all three metals (silver, gold and copper), as we moved through a lower grade section of the mine plan.
Record Mill Throughput: In Q2 2025, Avino achieved 36% higher mill throughput versus Q2 2024, totalling a quarterly record of 190,987 tonnes of material. These throughput levels were a result of previous upgrades and automation enhancements made by our operations team, demonstrating significant improvements in mill availability.
Gold Production Increased 17%: Q2 2025 production of 1,774 gold ounces represented a 17% increase compared to Q2 2024. This improved production resulted from the increased tonnes processed, alongside significant improvements in gold recoveries to 74% from 70% in Q2 of 2024.
Copper Production Increased 12%: Avino produced 1.5 million pounds of copper in Q2 2025, a 12% increase compared to Q2 2024.
Silver Production decreased 3%: Silver production for Q2 2025 was 283,619 ounces, representing a 3% decrease compared to Q2 2024.
La Preciosa Update
Blasting and construction of the relatively short 360 meter San Fernando main access decline is underway, and equipment mobilization has been swift, allowing development to advance on plan. The new jumbo drill is working on this ramp as it progresses toward intercepting the Gloria and Abundancia veins. Site services have been installed and an existing building has been renovated for site personnel. Recent photos showcasing the work at La Preciosa are available on the Avino website – click here to view them.
2025 Capital Expenditures
Capital expenditures for the first half of 2025, including lease and loan payments on equipment, were $6.9 million, compared to $4.4 million for the same period in 2024, on track for our capital expenditure guidance previously disclosed in our 2025 outlook news release.
ESG Initiatives
Avino follows the ESG Standards and the United Nations Sustainable Development goals. There are 17 Sustainable Development Goals (SDGs), which were developed as a call to action by all countries developed and developing in a global partnership.
Avino has published it’s Inaugural Sustainability Report on the website, click here to view. This marks a major milestone in our journey toward greater accountability and responsible growth and it reflects our commitment to transparency, continuous improvement, and long-term value creation for all stakeholders.
Strategic projects in the communities that commenced during the second quarter include: Delivery of low cost water tanks and cisterns, a trench was formed to channel rainwater from the mine, a 5 hectare community reforestation has been approved, a total of 67 families in the communities received solar boilers at reduced cost, made possible through company-led facilitation of a subsidy program, and a donation was made to the Mining and History Museum in the City of Durango.
Mexican nationals account for 100% of our mine work force. Currently, we have approximately 483 direct jobs which includes the workers at the mine site and in our Durango offices.
The earnings should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the corresponding period, which can be viewed on the Company’s website at www.avino.com, or on SEDAR+ at www.sedarplus.ca or on EDGAR at www.sec.gov.
Qualified Person
Peter Latta, P. Eng, MBA, VP Technical Services, Avino, who is a qualified person within the context of National Instrument 43-101, has reviewed and approved the technical data in this news release.
Non-IFRS Accounting Standards Measures
The financial results in this news release include references to non-IFRS Accounting Standards measures. These measures are used by the Company to manage and evaluate the operating performance of the Company’s mining operations and are widely reported in the silver and gold mining industry as benchmarks for performance, but do not have standardized meanings prescribed by IFRS. For a reconciliation of non-GAAP and GAAP measures, please refer to the “Non-IFRS Accounting Standards Measures” section of the Company’s MD&A dated August 13, 2025 for the six months ended June 30, 2025, which is incorporated by reference within this news release and available on SEDAR+ at www.sedarplus.ca.
Conference Call and Webcast
The Company’s unaudited condensed consolidated interim financial statements for the Second Quarter 2025, will be released after the market closes on Wednesday, August 13, 2025.
A conference call to discuss the Company’s Q2 2025 operational and financial results will be held on Thursday, August 14, 2025, at 8:00 a.m. PT / 11:00 a.m. ET. To participate in the conference call or follow the webcast, please see the details below.
Shareholders, analysts, investors, and media are invited to join the webcast and conference call by logging in here Avino’s Q2 2025 Financial Results or by dialing the following numbers five to ten minutes prior to the start time.
Participants will be greeted by an operator and asked for the access code. If a caller does not have the code, they can reference the company name. Participants will have the opportunity to ask questions during the Q&A portion.
The conference call and webcast will be recorded, and the replay will be available on the Company’s website later that day.
About Avino
Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the pre-feasibility Study on the Oxide Tailings Project was completed. This study is a key milestone in our growth trajectory. As part of Avino’s commitment to adopting sustainable practices, we have been operating a dry-stack tailings facility for more than two years with excellent results. We are committed to managing all business activities in a safe, environmentally responsible, and cost-effective manner, while contributing to the well-being of the communities in which we operate. We encourage you to connect with us on X (formerly Twitter) at @Avino_ASM and on LinkedIn at Avino Silver & Gold Mines. To view the Avino Mine VRIFY tour, please click here.
This news release contains “forward-looking information” and “forward-looking statements” (together, the “forward looking statements”) within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including the mineral resource estimate for the Company’s Avino Property, including La Preciosa, located near Durango in west-central Mexico (the “Avino Property”) with an effective date of October 16, 2023 and can be viewed within Avino’s latest technical report dated February 5, 2024 for the Pre-feasibility Study and references to to Measured, Indicated Resources, and Proven and Probable Mineral Reserves referred to in this press release. This information and these statements, referred to herein as “forward-looking statements” are made as of the date of this document. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to: (i) the estimated amount and grade of mineral reserves and mineral resources, including the cut-off grade; (ii) estimates of the capital costs of constructing mine facilities and bringing a mine into production, of operating the mine, of sustaining capital, of strip ratios and the duration of financing payback periods; (iii) the estimated amount of future production, both ore processed and metal recovered and recovery rates; (iv) estimates of operating costs, life of mine costs, net cash flow, net present value (NPV) and economic returns from an operating mine; and (v) the completion of the full Technical Report, including a Preliminary Economic Assessment, and its timing. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “envisages”, “assumes”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. These forward-looking statements are made as of the date of this news release and the dates of technical reports, as applicable. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have based these forward-looking statements on our expectations about future events at the date that such statements were prepared, the statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements.
Cautionary note to U.S. Investors concerning estimates of Mineral Reserves and Mineral Resources
All reserve and resource estimates reported by Avino were estimated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition Standards. The U.S. Securities and Exchange Commission (“SEC”) now recognizes estimates of “measured mineral resources,” “indicated mineral resources” and “inferred mineral resources” and uses new definitions of “proven mineral reserves” and “probable mineral reserves” that are substantially similar to the corresponding CIM Definition Standards. However, the CIM Definition Standards differ from the requirements applicable to US domestic issuers. US investors are cautioned not to assume that any “measured mineral resources,” “indicated mineral resources,” or “inferred mineral resources” that the Issuer reports are or will be economically or legally mineable. Further, “inferred mineral resources” are that part of a mineral resource for which quantity and grade are estimated on the basis of limited geologic evidence and sampling. Mineral resources which are not mineral reserves do not have demonstrated economic viability.
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Footnotes:
In Q2 2025, AgEq was calculated using metal prices of $33.64 per oz Ag, $3,280 per oz Au and $4.32 per lb Cu. In Q2 2024, AgEq was calculated using metals prices of $28.86 oz Ag, $2,331 oz Au and $4.43 lb Cu. For YTD 2025, AgEq was calculated using metal prices of $32.77 per oz Ag, $3,071 per oz Au and $4.28 per lb Cu. For YTD 2024, AgEq was calculated using metal prices of $26.11 oz Ag, $2,205 oz Au and $4.13 lb Cu. Calculated figures may not add up due to rounding.
“Silver equivalent payable ounces sold” for the purposes of cash costs and all-in sustaining costs consists of the sum of payable silver ounces, gold ounces and copper tonnes sold, before penalties, treatment charges, and refining charges, multiplied by the ratio of the average spot gold and copper prices to the average spot silver price for the corresponding period.
Non-IFRS Accounting Standard measure. These measures are widely used in the mining industry as a benchmark for performance, but do not have a standardized meaning under IFRS Accounting Standards and the calculation methods may differ from methods used by other companies with similar reported measures. See Non-IFRS Accounting Standards Measures section for further information and detailed reconciliations.
Local favorite returns to the Quad Cities; doors now open at 4650 Utica Ridge Rd.
DAVENPORT, Iowa — Aug. 11, 2025 — QC Fuel, a locally loved Quad Cities coffee shop, officially reopened this morning under new ownership at 4650 Utica Ridge Rd., Davenport, IA 52807. The comeback follows the brand’s late-2024 closure and anchors a new chapter for QC Fuel on Davenport’s growing east-side corridor, welcoming commuters, students, and neighborhood regulars back to a familiar name with a renewed focus on service and consistency.
“QC Fuel is back—and we’re here to do more than pour a great cup of coffee,” said Dara Dietrich, owner of QC Fuel. “Reopening in Davenport with a community-first mindset means every guest should feel recognized, every drink should be consistent, and every visit should be easy. Whether you’re headed to work, meeting a friend, or taking a quick break, we want QC Fuel to be your daily stop.”
The Utica Ridge Road café brings QC Fuel’s streamlined workflow to the morning rush and a comfortable, relaxed atmosphere throughout the day. Guests will find handcrafted coffee and espresso drinks alongside a selection of teas and other café staples, with an emphasis on friendly, efficient service and a welcoming environment for quick visits and casual meetups alike. The brand’s return highlights what local owners can bring to a neighborhood: hospitality that feels personal, an eye for consistency, and a simple promise to be reliable seven days a week.
“Small businesses thrive when they listen,” Dietrich added. “The message from the Quad Cities has been clear: people miss places that make their day easier. We’re grateful for the support and excited to serve Davenport from our new home on Utica Ridge.”
QC Fuel’s operating hours are designed around local routines: Monday–Friday 6:00 a.m.–3:00 p.m., Saturday 7:00 a.m.–3:00 p.m., and Sunday 8:00 a.m.–3:00 p.m. Guests can check www.qcfuel.com for updates and follow QC Fuel on Facebook at facebook.com/qcfuel for announcements and behind-the-scenes looks at the shop. As the team expands its digital footprint, information will continue to be centralized on the website to make it easy for customers and the media to find hours, location details, and contact information in one place.
Today’s opening also underscores the role of local entrepreneurship in neighborhood momentum. Reviving a known brand within the Quad Cities not only restores a daily ritual for coffee drinkers but also signals steady confidence in Davenport’s retail and dining mix. QC Fuel’s emphasis on consistency and hospitality is intended to meet the region’s practical needs—good coffee, friendly service, dependable hours—while creating a space that contributes to everyday community life.
Fast Facts:
What: QC Fuel is officially open under new ownership
When: Reopened Aug. 11, 2025
Where: 4650 Utica Ridge Rd., Davenport, IA 52807
Hours: Mon–Fri 6:00 a.m.–3:00 p.m.; Sat 7:00 a.m.–3:00 p.m.; Sun 8:00 a.m.–3:00 p.m.
The brand’s return allows QC Fuel to focus on what made it a local favorite in the first place: a straightforward menu of handcrafted coffee and tea, a staff committed to friendly service, and a commitment to consistency that respects customers’ time. While the café builds out additional community partnerships and programming over time, the immediate priority is delivering an experience that guests can count on every day.
Media inquiries, collaborations, and interview requests can be directed to Dara Dietrich at the contact information below.
About QC Fuel
QC Fuel is a locally owned Davenport coffee shop dedicated to friendly service, consistent quality, and community connection. Reopened on Aug. 11, 2025, QC Fuel serves the Quad Cities from its new location at 4650 Utica Ridge Rd., Davenport, IA 52807. Learn more at www.qcfuel.com or call (708) 548-5021.
Arrowhead Clinic in Lithia Springs is excited to share its latest blog post titled “Beyond Your Neck: A Complete Guide to Comprehensive Chiropractic Care.” This article gives readers a look into the full capabilities of chiropractic treatment, moving beyond just neck and back issues to show how chiropractic care can benefit other areas.
This blog post is meant for anyone curious about the wide range of services chiropractic treatment can provide. It takes a detailed look at various conditions and injuries that can be successfully managed with chiropractic care. The goal is to inform readers about the benefits and uses of chiropractic treatment for different health concerns.
Dr. Kristian Rainge-Campbell, a leading chiropractor at the clinic, mentioned, “This blog post aims to break down the misconceptions about chiropractic care being limited to just neck and back issues. Our goal is to highlight the full potential of holistic chiropractic treatments to improve overall health and wellbeing.”
With this new blog post, Arrowhead Clinic in Lithia Springs aims to reach a broader audience. The clinic hopes to empower people with information that could help them make better health choices. The post also tackles common myths and highlights care aspects that patients might not know. This effort is part of the clinic’s ongoing commitment to patient education and community involvement.
Testimonials from Lithia Springs Arrowhead Clinic reviews indicate many patients have had positive results through various chiropractic techniques offered at the clinic. This suggests the value of having accessible information to help guide potential patients as they consider chiropractic care for their health issues.
The blog also talks about the importance of preventive care and regular check-ups, which are key for keeping long-term health benefits. By explaining the advantages of regular chiropractic visits, the post informs readers about how being proactive with their care can help maintain physical health and prevent future problems.
Dr. Rainge-Campbell stated, “We believe that knowledge is power. Our blog post provides essential insights that help people make informed decisions about their health care options. It’s about expanding their awareness of how chiropractic care can complement traditional treatments.”
The post starts by introducing readers to the basics of chiropractic care, then dives into areas some might not know about. These include its role in sports medicine, prenatal health, and overall pain management strategies. By showing the full scope of chiropractic care, the post aims to raise awareness of its potential benefits for various health needs and lifestyles.
Additionally, the blog showcases Arrowhead Clinic’s integrated approach to healthcare, highlighting how chiropractors work with other healthcare providers to offer comprehensive patient care. This team-focused method ensures each patient’s care plan is tailored to their specific needs, helping optimize recovery.
Those interested can read the blog post “Beyond Your Neck: A Complete Guide to Comprehensive Chiropractic Care” online at https://arrowheadclinic.blogspot.com/2025/07/beyond-your-neck-complete-guide-to.html. This piece is part of Arrowhead Clinic’s continuous efforts to provide valuable information and resources to the community. The clinic is dedicated to promoting a better understanding of chiropractic care and its role in holistic health and well-being. Through blog posts and educational resources, Arrowhead Clinic supports people on their path to better health. Learn more about their comprehensive care options and community services at their website.
T.D.E. Wedding has announced its commitment to meeting the growing demand for Chinese wedding planners in the diverse San Francisco Bay Area. As luxury Chinese weddings gain popularity, T.D.E. Wedding stands out, offering authentic and personalized experiences.
In areas like Millbrae, Palo Alto, Hillsborough, and Redwood City, T.D.E. Wedding is known for blending traditional Chinese customs with modern touches in their wedding celebrations. They hold a strong reputation for quality, providing a wide range of services like floral arrangements, photography, videography, and custom decor. These elements ensure that each wedding aligns with the couple’s unique vision.
The Chinese wedding planner San Francisco community is changing, focusing more on authenticity and luxury. Today, couples want personalized services that reflect who they are while honoring their cultural roots. T.D.E. Wedding is adapting to this shift with specialized services in planning and coordination, committed to creative execution.
Otis Fang, the founder of T.D.E. Wedding, shares the company’s mission: “Recognizing the different customs in Chinese weddings is crucial for us. We aim to create not just memorable celebrations, but ones that truly reflect the couple’s cultural background.”
T.D.E. Wedding’s comprehensive approach covers all aspects — from lighting and music to photo booths — ensuring everything matches the desired theme and personal style. This method resonates with clients in places like Millbrae, Palo Alto, and Menlo Park, where the desire for culturally rich weddings with personal touches is increasingly popular.
Chinese weddings have always been known for their vibrant colors, detailed designs, and rich traditions. Lately, there’s been a shift towards luxury, with couples choosing top-tier venues, gourmet catering, and a blend of Eastern and Western elements. T.D.E. Wedding excel in creating these special experiences by merging traditional customs like tea ceremonies and dragon dances with modern trends.
“Providing top-notch services that respect Chinese wedding traditions allows us to exceed expectations,” says Otis Fang. “We keep adapting to new trends, always mindful of the cultural importance of these events.”
By concentrating on authentic traditions and luxury aesthetics, T.D.E. Wedding is expanding its influence in the Bay Area. They tailor their offerings to not just meet but exceed the desires of sophisticated clients in Hillsborough, Portola Valley, and San Mateo, offering a seamless and elegant full-service experience.
As T.D.E. Wedding grows its presence in San Carlos and nearby areas, it is dedicated to crafting unique events that reflect each couple’s personal journey. Through their work, T.D.E. Wedding sets the standard for what it means to be a premier Chinese wedding planner in San Francisco. Each event showcases its commitment to creativity, quality, and cultural appreciation.
T.D.E. Wedding positions itself at the forefront of the luxury Chinese wedding trend in the Bay Area, blending tradition with modern elegance. Their extensive range of services and attention to personalized celebrations highlight their significant role in this thriving market. For more details on their services, one can visit their official website.
Competitive and recreational swimmers and divers face unique challenges when it comes to vision correction. Glasses are incompatible with aquatic sports, and contact lenses can lead to discomfort, instability, and serious health risks when exposed to water. In a new resource titled “EVO ICL for Swimmers and Divers: What You Need to Know“, Waite Vision provides detailed information about how EVO ICL offers a safe, effective, and long-term solution for athletes who rely on clear, stable vision both above and below the surface.
EVO ICL, or Implantable Collamer Lens, is a vision correction procedure in which a thin, biocompatible lens is placed inside the eye, between the iris and the natural lens. Unlike LASIK, EVO ICL does not reshape the cornea with a laser, making it an excellent option for patients with myopia or astigmatism, including those with thin or irregular corneas. Because the prescription is built into the lens and the lens is completely internal, patients experience permanent, maintenance-free vision correction that is unaffected by water exposure, pressure changes, or movement. This stability is especially valuable for athletes competing in high-pressure aquatic environments, such as deep dives or competitive swimming events.
One of the most significant advantages of EVO ICL for swimmers and divers is its safety in water. Contact lenses, which rest on the surface of the eye, can trap bacteria, viruses, or parasites like Acanthamoeba, which are often present in pool water, lakes, and oceans. This can result in painful and potentially vision-threatening infections. EVO ICL eliminates this risk because the lens is placed inside the eye and sealed away from external contaminants. Once the initial healing process is complete—typically within a week—patients can return to swimming, scuba diving, and other water sports without the restrictions or concerns associated with contact lenses.
Vision stability is another critical factor for athletes in aquatic sports. Contact lenses can shift, cloud, or even wash out under water, disrupting performance and forcing wearers to make constant adjustments. EVO ICL provides consistent, high-quality vision that remains unchanged regardless of water pressure, movement, or lighting conditions. Whether competing in a pool or exploring open water, patients can focus fully on their sport without worrying about their corrective lenses.
For outdoor athletes, EVO ICL also offers built-in UV protection thanks to the Collamer material used in the lens. Prolonged sun exposure, particularly in reflective environments like water, increases the risk of long-term eye damage. EVO ICL provides consistent and complete UV protection without requiring special contact lenses. Waite Vision still recommends pairing the procedure with high-quality sunglasses that block 100% of UVA and UVB rays to protect the entire eye from sun exposure.
Recovery from EVO ICL surgery is straightforward, with most patients able to return to aquatic activities after one week, provided the eyes have healed and no complications are present. During the first week, it is essential to keep pool, ocean, lake, or hot tub water out of the eyes to minimize the risk of infection. Dr. Waite evaluates each patient individually and provides specific guidance on when it is safe to resume swimming, diving, or other water sports. Once cleared, patients can participate in these activities without restrictions.
For athletes who want to eliminate the ongoing expense and maintenance of glasses or contact lenses, EVO ICL offers a reliable solution. Patients no longer need to budget for frequent eye exams, prescription updates, or the constant replacement of corrective lenses. Instead, they enjoy the freedom of clear vision without the physical and practical limitations of traditional eyewear.
Dr. Aaron Waite, founder of Waite Vision, frequently recommends EVO ICL for athletes engaged in aquatic sports because it offers lasting freedom and confidence. “Our swimmer and diver patients often tell us it’s life-changing,” said Dr. Waite. “They no longer have to deal with the hassle, irritation, or risks that come with contacts or the incompatibility of glasses in the water. EVO ICL gives them clear, stable vision and the freedom to focus entirely on their performance.”
By providing clear, science-based information on EVO ICL for swimmers and divers, Waite Vision aims to help athletes and active individuals make informed decisions about their vision correction options. Those considering EVO ICL can schedule a consultation to determine whether they are a good candidate and to learn how the procedure can be tailored to meet their specific visual and lifestyle needs.
For more information about “EVO ICL for Swimmers and Divers: What You Need to Know” or to schedule an interview with Dr. Waite, visit Waite Vision’s website or call the office directly.
Revenue increased 67% y/y to $17.1M with Positive Adjusted EBITDA1 for Ninth Consecutive Quarter
Adjusted EBITDA1 increased 387% y/y to $2.9M or 17% of revenue
Net Profit for the quarter of $0.9M and EPS of $0.02
Reaffirms Fiscal 2025 Revenue Guidance Exceeding $60M, Driven by Strong Order Pipeline
TORONTO, ONTARIO / ACCESS Newswire / August 13, 2025 / Electrovaya Inc. (“Electrovaya” or the “Company”) (Nasdaq:ELVA)(TSX:ELVA), a leading lithium-ion battery technology and manufacturing company, today reported its financial results for the third quarter of the fiscal year ending September 30, 2025 (“Q3 2025”). All dollar amounts are in U.S. dollars unless otherwise noted.
Financial Highlights:
Revenue for Q3 2025 was $17.1 million, compared to $10.3 million in Q3 2024, an increase of 67%. Year to date revenue was $43.3 million compared to $33.0 million in the prior year, an increase of 31%
Gross margin was 30.8% in Q3 2025. Battery system margins remained strong at 30.9% for the quarter.
Adjusted EBITDA1 was $2.9 million or 17% of revenue with growth of 387% year over year.
Net profit for the quarter was $0.9 million, compared to a net loss in the prior year of $0.3 million. Year to date net profit was $1.3 million compared to a net loss of $1.4 million in the prior year.
Earnings per share for the quarter was $0.02.
Key Operational and Strategic Highlights – Q3 2025
Continued Growth from OEM Partners and Leading End-Customers: Electrovaya maintained strong momentum with its key OEM partners and end customers in the material handling sector. In Q3, the Company secured more than $21 million in orders, bringing total orders to over $66 million in the nine months ending June 30th 2025. The Company continues to expand its robust sales pipeline, leveraging long-standing relationships with major OEMs and top-tier end customers.
Expanded Manufacturing Capacity and Output: To meet growing demand, Electrovaya implemented a second production shift at its Mississauga facility in mid-June and commenced assembly operations in Jamestown, NY in May. These initiatives will increase output for material handling battery systems and support the launch of new products for additional vertical markets
Infinity Technology Advancements: The Company continued to enhance its Infinity product line, achieving UL certification for more than 400 battery systems equipped with its latest high-capacity lithium-ion cells. New models feature improved ergonomics and AI-enabled capabilities, further strengthening Electrovaya’s competitive edge.
Development of New Products for Emerging Verticals: Electrovaya is leveraging its industry-leading Infinity technology to expand into a broader range of high-growth applications, including:
Robots and Autonomous Vehicles: The Company has introduced multiple battery system products for new robotic vehicle platforms across three distinct OEM customers. Applications range from material handling to surveillance systems. This initiative is part of a major product development program aimed at capturing share in the rapidly growing robotics market.
Airport Ground Equipment: Recently, Electrovaya launched products targeting the airport ground support segment and plans to showcase these solutions at the upcoming GSE Expo in Las Vegas this September.
Class 8 Trucks: As one of the largest potential markets for electrification, this segment represents a significant growth opportunity. Electrovaya has entered into a partnership with Janus Electric Holdings Limited, an Australian pioneer in heavy-vehicle electrification. The Company is developing custom high-voltage battery systems for a unique battery-swapping application in both U.S. and Australian markets.
Construction and Mining Equipment: Through its partnership with Sumitomo Corporation Power and Mobility, Electrovaya is pursuing opportunities with multiple Japan-based OEMs in these sectors.
Defense Applications: The Company continues to expand its collaboration with a global defense contractor on various electrification projects. With its superior safety and cycle life advantages, combined with upcoming U.S.-based lithium-ion battery manufacturing, Electrovaya is positioned to target the defense sector on a larger scale in the near term.
Jamestown Cell Manufacturing Update: The Company remains on track for start of cell manufacturing in mid calendar year 2026. Output from the Jamestown facility will remain eligible for 45X under the OBBB Act (2025).
Management Commentary:
“Our Q3 FY2025 results reflect the strong momentum we’ve built, with continued growth in both revenue and profitability, while advancing our industry-leading Infinity technology into a broader range of applications,” said Dr. Raj DasGupta, Electrovaya’s CEO. “The market is increasingly recognizing the exceptional advantages of our innovations. Electrovaya’s unique lithium-ion technology delivers the ideal solution for the most demanding equipment in the world. With the rise of AI and rapid expansion across sectors like e-commerce and robotics, we are well-positioned to provide superior battery solutions that power these high-growth industries.”
“FY Q3 2025 quarter was our ninth consecutive quarter of positive adjusted EBITDA1 and also our second consecutive quarterly net profit. Margins remained robust at above 30%, a trend that we expect to continue and strengthen over time.,” stated John Gibson, Electrovaya’s CFO. “Our second shift at our Mississauga operations, combined with the start up of assembly operations in Jamestown will continue to support increased manufacturing output as we complete our fiscal year and prepare for FY2026. We are confident in our ability to exceed $60 million in revenue for FY 2025 while advancing profitability and scaling operations.”
Positive Financial Outlook & Fiscal 2025 Guidance:
The Company anticipates strong growth into FY 2025 with estimated revenues to exceed $60 million driven by renewed demand from the Company’s largest end users of material handling batteries. This guidance considers its existing purchase orders, along with anticipated orders in its pipeline from key end users and customers. This guidance also takes into consideration a percentage of anticipated revenue that may be deferred to FY 2026 (please see Forward Looking Statements for further clarification).
Selected Financial Information for the quarters ended June 30, 2025 and 2024:
Results of Operations
(Expressed in thousands of U.S. dollars)
Adjusted EBITDA1
(Expressed in thousands of U.S. dollars)
1 Non-IFRS Measure: Adjusted EBITDA is defined as income/(loss) from operations, plus stock-based compensation costs and depreciation and amortization costs. Adjusted EBITDA does not have a standardized meaning under IFRS. Therefore it is unlikely to be comparable to similar measures presented by other issuers. Management believes that certain investors and analysts use adjusted EBITDA to measure the performance of the business and is an accepted measure of financial performance in our industry. It is not a measure of financial performance under IFRS, and may not be defined and calculated in the same manner by other companies and should not be considered in isolation or as an alternative to IFRS measures. The most directly comparable measure to Adjusted EBITDA calculated in accordance with IFRS is income (loss) from operations.
Summary Financial Position
(Expressed in thousands of U.S. dollars)
The Company’s complete Financial Statements and Management Discussion and Analysis for the quarter and nine months ended June 30, 2025 are available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov, as well as on the Company’s website at www.electrovaya.com.
To help ensure that the conference begins in a timely manner, please dial in 10 minutes prior to the start of the call.
For those unable to participate in the conference call, a replay will be available for two weeks beginning on August 13, 2025 through August 27, 2025. To access the replay, the dial-in number is 877-481-4010 and 919-882-2331. The replay passcode is 52770.
Investor and Media Contact:
Jason Roy VP, Corporate Development and Investor Relations Electrovaya Inc. jroy@electrovaya.com / 905-855-4618
About Electrovaya Inc.
Electrovaya Inc. (NASDAQ:ELVA)(TSX:ELVA) is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries without compromising energy and power. The Company has extensive IP and designs, develops and manufactures proprietary lithium-ion batteries, battery systems, and battery-related products for energy storage, clean electric transportation, and other specialized applications. Electrovaya has two operating sites in Canada and a 52-acre site with a 135,000 square foot manufacturing facility in Jamestown New York state for its planned gigafactory. To learn more about how Electrovaya is powering mobility and energy storage, please explore www.electrovaya.com.
Forward-Looking Statements
This press release contains forward-looking statements, including statements that relate to, among other things, revenue growth and revenue guidance of approximately $60 million in FY 2025, other financial projections, including projected sales, cost of sales, gross margin, working capital, cash flow, and overheads anticipated in FY 2025, the expected timing of deliveries of pre-production battery modules in Japan, anticipated cash needs and the Company’s requirements for additional financing, purchase orders, mass production schedules, funding from EXIM and the ability to satisfy the conditions to drawing on any facility entered into with EXIM,, use of proceeds of the EXIM facility,, ability to deliver to customer requirements. Forward-looking statements can generally, but not always, be identified by the use of words such as “may”, “will”, “could”, “should”, “would”, “likely”, “possible”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “plan”, “objective” and “continue” (or the negative thereof) and words and expressions of similar import. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors and assumptions are applied in making forward looking statements, and actual results may differ materially from those expressed or implied in such statements. In making the forward-looking statements included in this news release, the Company has made various material assumptions, including but not limited to assumptions with respect to the Company’s customers deploying its products in accordance with communicated intentions, the Company’s customers completing new distribution centres in accordance with communicated expectations, intentions and plans, anticipated new orders in FY 2025 based on customers’ historical patterns and additional demand communicated to the Company and its partners, but not yet provided as a purchase order together with the Company’s current firm purchase order backlog totaling approximately $80 million, a discount of approximately 25% used in the revenue modeling applied to the overall expected order pipeline to account for potential delays in customer orders, expected decreases in input and material costs combined with stable selling prices in FY 2025, delivery of ordered products on a basis consistent with past deliveries, and that the Company’s customer counterparties will meet their production and demand growth targets, ]the Company’s ability to successfully execute its plans and intentions, including with respect to the entry into new business segments and servicing existing customers, the availability to obtain financing on reasonable commercial terms, including any EXIM facility. Factors that could cause actual results to differ materially from expectations include but are not limited to customers not placing orders roughly in accordance with historical ordering patterns and communicated intentions, macroeconomic effects on the Company and its business, and on the lithium battery industry generally, not being able to obtain financing on reasonable commercial terms or at all, including not being able to satisfy any condition of drawdowns under any EXIM facility if entered into, that the Company’s products will not perform as expected, supply and demand fundamentals for lithium-ion batteries, the risk of interest rate increases, persistent inflation in the United States and Canada and other macroeconomic challenges, the political, economic, and regulatory and business stability of, or otherwise affecting, the jurisdictions in which the Company operates, including new tariff regimes. There have been indications from the United States government of potential tariffs on Canada, Mexico and other countries, which if enacted would have a material impact on the Company. Additional information about material factors that could cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements may be found in the Company’s Annual Information Form for the year ended September 30, 2024 under “Risk Factors”, and in the Company’s most recent annual and interim Management’s Discussion and Analysis under “Qualitative And Quantitative Disclosures about Risk and Uncertainties” as well as in other public disclosure documents filed with Canadian securities regulatory authorities and filed or furnished with the SEC. The Company does not undertake any obligation to update publicly or to revise any of the forward looking statements contained in this document, whether as a result of new information, future events or otherwise, except as required by law.
Revenue guidance for FY2025 described herein constitutes future‐oriented financial information and financial outlooks (collectively, “FOFI“), and generally, is, without limitation, based on the assumptions and subject to the risks set out above under “Forward‐Looking Statements”. Although management believes such assumptions to be reasonable, a number of such assumptions are beyond the Company’s control and there can be no assurance that the assumptions made in preparing the FOFI will prove accurate. FOFI is provided for the purpose of providing information about management’s current expectations and plans relating to the Company’s future performance, and may not be appropriate for other purposes.
The FOFI does not purport to present the Company’s financial condition in accordance with IFRS, and it is expected that there may be differences between audited results and preliminary results, and the differences may be material. The inclusion of the FOFI in this news release disclosure should not be regarded as an indication that the Company considers the FOFI to be a reliable prediction of future events, and the FOFI should not be relied upon as such.
ARLINGTON, VA / ACCESS Newswire / August 13, 2025 / FriskaAi announced today an agreement with DexCom, Inc., the global leader in glucose biosensing, to integrate data from Dexcom G7 and Dexcom G6 Continuous Glucose Monitoring (CGM) Systems into the FriskaAi platform. Under the agreement, data from Dexcom CGMs will be integrated with Friska Ai, the company’s groundbreaking AI-powered healthcare platform supporting physicians and patients with actionable personalized care management programs.
FriskaAi is a physician-directed health and wellness platform that supports the management of diabetes and other chronic diseases by helping providers take an evidence-based approach to preventive care. The EHR-agnostic FriskaAi platform leverages advanced AI and mobile technology to generate personalized health insights and recommendations, empowering patients to take control of their health journey in partnership with their clinical team.
“Impacting more than 38 million Americans, diabetes has emerged as a major public health problem, and its effective management has become a foundational element of preventive medicine,” says Shaji Nair, CEO of FriskaAi. “Dexcom’s pioneering CGMs are vital tools not only for diabetes management but also for informing broader care decisions. FriskaAi is excited about the potential this integration with Dexcom presents to the physicians relying on our platform for chronic disease management and the patients seeking greater control over their health and wellness.”
Dexcom CGMs use a small, wearable sensor to continuously measure and send glucose levels wirelessly to a smart device or receiver in real-time, without the need for fingerpricks. Dexcom CGMs also offer a suite of customizable alerts that can warn of high or low glucose levels and send predictive alerts to help users spend more time in range.
The FriskaAi mobile app securely integrates with Dexcom CGMs and other smart devices, as well as health apps, for analysis by the powerful HIPAA-compliant FriskaAi platform. That data, along with other clinical data and studies, is continuously monitored by sophisticated AI-powered algorithms that alert the patient when action is recommended and generate actionable reports for use by the clinician at the point of care to inform care decisions.
Aggregated health data is also analyzed within the FriskaAI platform to help physicians identify trends and risks within their patient populations, enabling more proactive and preventive care strategies.
About FriskaAi
FriskaAi is a powerful AI-enabled EHR-agnostic platform that helps physicians and other providers take an evidence-based approach to preventive care. The physician-initiated platform leverages advanced AI- and mobile technology to provide patients with personalized health insights and recommendations, empowering them to take control of their health journey in partnership with their clinical team. This aggregated health data, including information from patients’ glucometers, other smart devices, and health apps, is continuously analyzed by advanced evidence-based algorithms that alert the patient when action is needed and provide clinicians with actionable reports to inform care decisions. FriskaAi also supports population health strategies by analyzing aggregated health data to identify trends and risks within a defined patient population. For more information, visit www.friska.ai.
Media Contact: Michele Nachum NPC Creative Services michele@npccs.com
BROOKLYN, NY / ACCESS Newswire / August 13, 2025 / IEH Corporation (OTC:IEHC) yesterday filed with the Securities and Exchange Commission (SEC) its quarterly report on Form 10-Q for the 1st fiscal quarter ended June 30, 2025.
Highlights include:
11% Decrease in Revenue as compared to first quarter of Fiscal Year 2025
$755,306 loss in Operating Income
Cash 43% higher than first quarter of Fiscal Year 2025
Backlog increase of 25% since beginning of Fiscal Year 2026
Over $2.5 million in orders supporting missile defense programs booked in recent weeks
For the quarter ended June 30, 2025, IEH had revenues of $6,308,155 as compared to $7,104,977 for the quarter ended June 30, 2024 reflecting an 11% decrease; an operating loss of $755,306 for 1st quarter fiscal year 2026 as compared to an operating gain of $332,979 for 1st quarter fiscal year 2025; a net loss of $654,618 for 1st quarter fiscal year 2026 as compared to a net gain of $392,787 for 1st quarter fiscal year 2025; and a basic loss per share of $.27 for 1st quarter fiscal year 2026 as compared to a basic gain per share of $.17 for 1st quarter fiscal year 2025.
Dave Offerman, President and CEO of IEH Corporation commented, “As forecasted in prior communications, while our long-term trajectory continues to trend upwards, our results from one quarter to the next may be uneven. This is reflected in our first quarter, as revenue was lower than the last few quarters due primarily to customer schedule delays, along with the still slow recovery of the commercial aircraft sector.
However, the long-term projections, especially in our largest sector, defense, remain strong. Indeed, we recently booked over $2.5 million in orders in support of various missile defense programs, including PATRIOT, AMRAAM, LTMADS and others. Our sales pipeline indicates more orders are on the horizon. Our commercial space launch business continues to grow, and we continue to eagerly anticipate a return to pre-COVID levels of business in the commercial aerospace sector. Initiatives to grow our product lines and markets served via organic and inorganic growth continue, and we look forward to sharing more good news in the coming quarters.
On behalf of the management team and staff of IEH, we again wish to express our sincere gratitude for the support of our valued shareholders.”
About IEH Corporation
For over 80 years and 4 generations of family-run management, IEH Corporation has designed, developed, and manufactured printed circuit board (PCB) connectors, custom interconnects and contacts for high performance applications. With its signature Hyperboloid technology, IEH supplies the most durable, reliable connectors for the most demanding environments. The Company markets primarily to companies in defense, aerospace, medical, space and industrial applications, in the United States, Canada, Europe, Southeast and Central Asia and the Mideast. The Company was founded in 1941 and is headquartered in Brooklyn, New York.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Certain statements contained in this press release, and in related comments by the Company’s management, include “forward-looking statements.” All statements, other than statements of historical facts, including, without limitation, statements or expectations regarding our financial condition, statements or expectations regarding our revenues, cash and backlog, expectations regarding future cash requirements, revenue and revenue recovery, including for fiscal year 2026 and beyond, projected timelines for making our SEC filings or successfully preventing our registration from suspension or revocation and expectations regarding our efforts and ability to resolve our inventory accounting issues are forward-looking statements. These statements often include words such as “believe,” “expect,” “estimate,” “plan,” “will,” “may,” “would,” “should,” “could,” or similar expressions, although not all forward-looking statements contain such identifying words. These statements are based on certain assumptions that the Company has made on its current expectations and projections about future events. The Company believes these judgments are reasonable, but you should understand that these statements are not guarantees of performance or results, and you should not place undue reliance on any forward-looking statements. The Company’s actual performance or results could differ materially from those expressed in the forward-looking statements due to a variety of important factors, both positive and negative, as they will depend on many factors about which we are unsure, including many factors beyond our control. Among other items, such factors could include: any claims, investigations or proceedings arising as a result of our past due periodic reports, including changes in the proceedings related to the SEC’s Order Instituting Administrative Proceedings and Notice of Hearing pursuant to Section 12(j) of the Securities and Exchange Act of 1934, as amended; our ability to remediate our inventory accounting issue; our ability to reduce costs or increase revenue; changes in the macroeconomic environment or in the finances of our customers; changes in accounting principles, or their application or interpretation, and our ability to make accurate estimates and the assumptions underlying the estimates; our ability to attract and retain key employees and key resources; and other risk factors discussed from time to time in our filings with the SEC, including those factors discussed under the caption “Risk Factors” in our most recent annual report on Form 10-K, filed with the SEC on June 12, 2025, and in subsequent reports filed with or furnished to the SEC. Additional information concerning these and other factors can be found in our filings with the SEC. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. Except as may be required by applicable law, we do not undertake or intend to update or revise our forward-looking statements, and we assume no obligation to update any forward-looking statements contained in this press release as a result of new information or future events or developments. Thus, you should not assume that our silence over time means that actual events are bearing out as expressed or implied in such forward-looking statements. You should carefully review and consider the various disclosures we make in our filings with the SEC that attempt to advise interested parties of the risks, uncertainties and other factors that may affect our business.
