Lazr revenues

Dr Veerapol says Medeze is committed to delivering new options that enable people to live a longer and better life. Leading stem cell firm Medeze Group reported more than 500 million baht in revenue in 2021, a 25% increase from the previous year. The company, which focuses on body deterioration rehabilitation, said it was able to increase the number of clients to an average of 3-4 people per family in response to the trend of health awareness following the pandemic. Dr Veerapol Khemarangsan, executive director and chairman of Medeze Group's board, said the company is committed to delivering new options that enable people to live longer, better lives. "Net profit totalled 123 million baht, growing more than 20% from the same period last year," he said. "Our significant income boost is attributed to the total amount of stem cell deposits from adipose tissue, which increased the number of customers more than threefold on average, or 3-4 people per family, compared with only one … [Read more...] about Medeze Group posts in excess of B500m revenue in 2021

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Motilal Oswal's research report on Petronet LNG PLNG reported a beat in absolute terms, even as operational numbers were below our 4QFY22 estimates. Throughput at Dahej stood at 80%, with a utilization of ~19% at Kochi. The company recorded 'use or pay charges' of INR832m in 4QFY22. It has been given a credit note of INR1,781m with respect to lower regasification tariff for the Kochi terminal with its customers. Since the latter have now committed additional volumes, the tariff has been revised accordingly. Despite the challenges, we remain confident that PLNG will see a utilization of 105%/30% in FY23E. Spot LNG prices fell to USD24.5/mmBtu in Apr'22 v/s USD29.4/mmBtu in 3QFY22 and USD35.4/mmBtu in Mar'22 Kochi tariff has been cut to INR70/mmBtu (from INR79/mmBtu) from Apr'19. The company … [Read more...] about Buy Petronet LNG; target of Rs 300: Motilal Oswal

Share to Twitter Share to Linkedin The Middle East’s aviation sector appears to be finally putting the Covid-19 crisis behind it, with carriers around the region reporting healthy profits and surging passenger numbers for the opening months of this year. A recent spate of positive news was led by FlyDubai, which said on May 8 that passenger numbers in the first quarter of 2022 had more than doubled year-on-year. The carrier said it had carried 2.35 million passengers from January to March this year, an increase of 114% compared to the same period in 2021. The airline did not give any indications of its financial performance, but it had already moved into positive territory last year, with a $229 million profit recorded in 2021 after a loss of $194 million the year before. Others have also been reporting good numbers this year. A day after FlyDubai’s update, Turkish Airlines said it had made a net profit of $161 million in the first quarter, on … [Read more...] about Middle East Airlines Take Off Again, As Profits And Passenger Numbers Soar

Share to Twitter Share to Linkedin How can venture capital finance be disrupted and better harnessed to finance the transition to net-zero? Danijel Visevic, Co-founder of the recently launched World Fund – Europe’s biggest climatetech venture capital fund – set out to find answers. Together with Co-founders Tim Schumacher – who was awarded Best Male investor in 2020, Daria Saharova – who was awarded Best Female Investor in 2020 by the German Startup Award Association, and Craig Douglas – a 15-year climatetech and investing veteran, he set up the World Fund . “We did a pre-closing, that's something very unique. Usually, as a venture capital fund, you have a first closing, then you invest, and you have a final closing a year later. “But we knew if we want to raise 350 million Euros as a first-time fund, we need a portfolio, otherwise, those institutional investors who can invest 10-20-30 million won't invest. So we needed a portfolio and we … [Read more...] about Europe’s Largest Climatetech VC Fund Offers Investment Insights

Share to Twitter Share to Linkedin Is Elon Musk a climate hero that the climate movement and its allies should embrace, or does his libertarian (or conservative) politics turn him into an object of scorn? Musk poses a deeper question that the movement must confront: should climate politics get subsumed under the broader liberal-versus-conservative conflict, or should it be guided by bipartisanship? There is no easy answer because there is a political logic to both partisanship and bipartisanship. Many climate activists are frustrated (and rightly so) with the slow pace of progress on climate issues and blame it on Republicans or conservative Democrats. They believe that the “other” side does not act in good faith and cannot be trusted in making political compromises. Furthermore, the movement’s internal dynamic favors partisanship. Social media, which shapes the political discourse of young climate activists, views bipartisanship as selling out. Indeed, … [Read more...] about Climate Policy And Partisan Wars: Elon Musk And Twitter

The government last week reported that the economy, as measured by the country’s gross domestic product (GDP), expanded by a stronger-than-expected 8.3 percent in the first quarter, the fastest pace in the region that brought the Philippines’ output back to pre-pandemic levels. The growth has been traced to increased consumer spending following the reopening of more business establishments, as well as increased production as more economic sectors—especially manufacturing, wholesale and retail trade, and transportation — escalated operations. While the robust first-quarter economic performance puts the country on track to hit the 7-9 percent GDP growth target for 2022, Socioeconomic Planning Secretary Karl Kendrick Chua pointed out the need for the succeeding administration to continue the policy reforms instituted by the Duterte administration. To avoid a possible reversal in economic growth, Chua suggested that the incoming Ferdinand Marcos Jr. administration should build on the … [Read more...] about First task: Fixing the economy

So your home loan has finally been disbursed and you can now proudly call yourself a homeowner. This is indeed one of the most cherished and expensive investments you’ll make in your life. But have you ever thought of the possibility of something happening to you before you pay your full home loan? Your liabilities will be handed over to your family members, leaving them under financial stress. While there are various things to consider before investing in a house, we often neglect important add-ons such as an insurance policy that covers your home loan repayments. There are two ways to prevent your family from the burden of such liabilities – home loan insurance or a term insurance policy . Both policies provide cover against financial stress. The main difference between them is that a home loan covers the property, while a term policy covers a person’s life. Let’s dig deeper to understand the differences. Premium charges Close Depending on needs and … [Read more...] about Securing a home loan liability: Home loan insurance or term policy?

Truemeds founders Akshat Nayyar and Kunal Wani Truemeds is a tele-health platform that helps patients with chronic diseases find top quality medicines in India at reasonable prices. According to the founders, its customers save an average of 47 percent on their monthly medicine bills and the company is determined to increase these savings to about 70 percent. In an interview with Moneycontrol , founders Akshat Nayyar and Kunal Wani said they aim to use the $22 million raised from WestBridge Capital and other investors to accelerate growth and triple the number of fulfilment centres across the country in six months. Edited excerpts: Q1: Take us through the journey of your company. How did you come up with the idea of Truemeds? Akshat Nayyar: We founded Truemeds in 2019 to address a very big challenge among the Indian middle class, i.e., affordability of medicines. With over 25 crore (250 million) chronic patients needing medicines each month, India is one of the few … [Read more...] about Truemeds aims to become household name for medicines at true prices: Founders

Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Anand Rathi's research report on Ajanta Pharma Ajanta’s Q4 FY22 sales grew 15% to Rs8.7bn. Its India and Africa branded divisions and Asia reported stellar growth. More price erosion and keener competition, however, led to muted US business. Its gross margin slid 531bps to 72.5% y/y due to higher raw material prices and a one-time impact (1.5% of sales due to flu-related products written back, and 1.5% more due to price erosion in the US). Adjusting for this, the gross margin contracted 280bps y/y to 75%. Higher other expenses squeezed the EBITDA margin 1053bps to 23.7%. PAT fell 5.1% to Rs1.5bn. With launches, continuing momentum in India, other branded markets and a pick-up in the US, Ajanta would deliver 12% revenue/PAT growth each over FY22-24. Outlook We retain our Buy … [Read more...] about Buy Ajanta Pharma; target of Rs 2378: Anand Rathi

The research firm ICICI Securities believes earnings of apparel brands and retail companies under their coverage may surprise positively from Q3FY22E as the likely demand recovery may result in better than expected margin performance. Some of the costs savings achieved during pandemic may sustain and coupled with high operating leverage may lead to higher than pre-covid margins from Q3FY22E.  Stocks like Trent, V-Mart and Aditya Birla Fashion and Retail are the preferred picks backed by their strong and consistent track record of execution. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Anand Rathi's research report on Firstsource Solutions FSOL was faced with challenges in mortgages (22% of revenue) with 30-40% declines expected ahead. Management expects stabilisation here by H2 FY23. In the other divisions (78% of revenue), … [Read more...] about Buy Firstsource Solutions; target of Rs 145: Anand Rathi