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Abcourt Mines Inc. is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2018) and a positive P.E.A. study (2012). Abcourt is focusing on the exploitation of the Elder mine. The Abcourt-Barvue property has silver–zinc resources (2014). A feasibility study was completed in 2007 by Roche / Genivar. An update is being prepared now. In 2016, Abcourt acquired the Sleeping Giant mine and mill, located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. The mill has a capacity of 700 to 750 tonnes per day. A NI 43-101 resource estimate was recently filed. To know more about Abcourt Mines Inc. (TSXV: ABI), please visit our web site at www.abcourt.com and consult our filings under Abcourt’s profile on www.sedar.com. This press release was prepared by Mr. Renaud Hinse, Engineer and President of Abcourt Mines Inc. Mr. Hinse is a “Qualified Persons” under the terms of Regulation 43- 101. Mr. Hinse has approved the scientific and technical disclosure.
NHL selects William Hill (WIMHY) as an official sports betting partner finance.yahoo.com Such commercial deals between sports leagues and bookmakers have been coming quickly since the U.S. Supreme Court ruled last May to allow states to legalize, regulate and tax sports wagering.
Eight states now offer legal sports betting, including Nevada, which was never subject to the prior federal ban and has sanctioned sports wagering for years.
William Hill already has partnership deals with two NHL teams, the Vegas Golden Knights and the New Jersey Devils.
Zuora Reports Record Fourth Quarter and Full Year Fiscal 2019 Results
Fourth quarter subscription revenue grew 35% year-over-year; total revenue grew 29% year-over-year Full year subscription revenue and total revenue grew 40% year-over-year Customers with annual contract value (ACV) equal to or greater than $100,000 increased to 526 customers, or 27% year-over-year Dollar based retention rate was 112% investor.zuora.com
GOOSEHEAD INSURANCE, INC. ANNOUNCES FIRST QUARTER 2019 RESULTS ir.gooseheadinsurance.com - Revenues Grew 59% Over Prior-Year Period to $23.1 Million - - Net Income Increased 94% Over Prior-Year Period to $7.3 Million - - Adjusted EBITDA Rose 86% Over Prior-Year Period to $9.5 Million - - Total Written Premiums Placed Increased 45% Over Prior-Year Period - - Total Operating Franchises Grew 47% Over Prior-Year Period -
“During the first quarter of 2019 we continued to demonstrate the strength and sustainability of our business and our growth strategy, as evidenced by organic revenue growth of 59% over the prior-year period,” stated Mark E. Jones, Chairman and Chief Executive Officer of Goosehead. “Our ongoing investments in quality control produced highly profitable business for our carrier partners which, in turn, facilitated strong contingent commission results for us. We are also proud that we delivered Adjusted EBITDA margin for the quarter of 41%, a strong increase from the prior-year period even while continuing to invest broadly in our business and absorbing over 350 basis points of public company costs during the quarter.”
“Additionally, we maintained our 88% client retention rate and our world-class service delivery pushed our Net Promoter Score higher again to 90,” continued Mr. Jones. “With our successful first full year as a public company now behind us, our unique business model and capabilities continue to enhance our position to drive sustained and elevated levels of productivity, growth, and margin expansion over the long term.”
2019 Outlook The Company is maintaining its full-year 2019 outlook with respect to written premiums and revenue:
Total written premiums placed for 2019 of between $700 million and $725 million, representing organic growth of 38% on the low end of the range to 42% on the high end of the range. Total revenues for 2019 of between $80 million and $85 million, representing organic growth of 33% on the low end of the range to 41% on the high end of the range.
Invitae Reports 47% Growth in Quarterly Revenue and Volume Year-Over-Year ir.invitae.com -- On track to deliver more than 500,000 test samples and more than $220 million in revenue in 2019 -- Signed eight new biopharma partnerships in the quarter, expanding the breadth of the genome network
Wow i forgot all about Shopify. If i am not mistaken Shopify is essentially a site that allows Ma and Pa to set up a small business store fronts,with managed check outs, without any knowledge of coding. What surprises me, however, is that the stock price has soared from $26 in 2015 to over $350 today. I can't help but wonder if there is a market ceiling for them on small businesses who would want to use that service instead of preferring to be closer to potential customers via say a social network site like Facebook (set up a business page there) or simply opening up a storefront on Amazon themselves. I was reading an interesting article on Canadian Profiteer the other day regarding a small online specialty store dealing in light bulbs saying something to the effect that there is nothing worse than having a storefront that no one visits whereby they spent thousands of dollars on development but when it went live it was a lot of hoping/waiting/depending that customers somehow would find their new url among the sea of other specialty stores like them. Being on a big site, like Amazon, that has massive visitors just roaming for anything, including light bulbs, to me would be more confident because there would be a greater chance of being found. Just my opinion.
Being a programmer, i also know that Shopify is not much more than the equivalent of a skinned template, a WordPress account, and WooComerce plugin. With just those three i can have my own shopify client up and running in about 30 mins. The longest part would be to populate each product in my store. What i am getting at is, I wonder if Shopify isn't as walled off from a potential market collapse over night when there are other debatably more appealing services for small businesses.
New Relic Announces Fourth Quarter and Full Fiscal Year 2019 Results finance.yahoo.com
“FY19 was a very productive year for New Relic. Our focus on the high end of the market drove expansion within our enterprise customer base and contributed to top and bottom line results that exceeded our guidance ranges,” said Lew Cirne, CEO and founder of New Relic. “We are kicking off FY20 with the launch of New Relic One, the industry’s first entity-centric observability platform, designed to help our customers with complex environments find, visualize and understand everything they need to create more perfect software. New Relic One is also our platform for delivering brand new innovations to market -- and we expect to end the year with at least nine paid products.”
E-commerce platform Shopify has quietly made an acquisition to continue its expansion of the services and products that merchants can sell and purchase through its platform. It has acquired Handshake, a New York startup that offers a commerce platform for businesses that sell wholesale goods.
The opportunity that Handshake had identified, and now Shopify is targeting, is the area of the e-commerce market where brands and other merchants sell items wholesale, potentially alongside retail efforts also focused on consumers.
This is big business: a recent report found that B2B e-commerce sales in the U.S. alone passed $1 trillion for the first time in 2018. As with consumer-focused sales, platforms like Handshake’s offer merchants the ability to handle these sales directly, rather than handing off the sales to third-party marketplaces, where the merchant also needs to pay a commission to the third party and need to play by its rules. techcrunch.com
Analysts say this hot online company can compete with Amazon and will help others to do so too cnbc.com “At scale, Shopify expects fulfillment will allow merchants to deliver to 99% of the continental USA within two days or less, making it more competitive with Amazon,” Goldman Sachs said. “In our view, Shopify is getting to point at which breadth of product, vibrancy of partner ecosystem, and general retail scale will enable the firm to pull away at an exponential pace,” analysts at Canaccord said.