WildBrain reported a 35% rise in licensing revenue to $25.1 million, driven mainly by strong performance from Strawberry Shortcake, which helped offset a decline in studio revenue due to project timing after selling the Peanuts franchise. This growth led to a 38% increase in EBITDA to $5.8 million. The company holds $113 million in cash with no debt and is actively buying back shares, trading below six times its projected FY26 EBITDA. Cost reductions and clearer business segment reporting are expected to further enhance value, positioning the stock for significant gains by year-end.
Atlas Salt Inc. announced a $10 million bought deal financing agreement with Ventum Financial Corp. and Raymond James Ltd. to sell 8.33 million shares at $1.20 each, with an option to sell an additional 15%. The funds will support site preparation, e...
Attackers exploited the Ethereum Alephium TokenBridge by compromising three of four guardian keys, enabling them to forge Verified Action Approvals (VAAs) and drain $815,000 in just seven minutes. They minted 13.76 million wrapped ALPH tokens without...
Oil prices climbed sharply on Monday after Israel ordered its troops to advance further into Lebanon, escalating tensions with the Iran-backed Hezbollah group. This move threatens the fragile ceasefire brokered by the U.S. between Washington and Tehr...
Ethereum (ETH) has fallen 12.5% in the past month and is struggling to stay above $2,000, with historical data showing June often brings losses for ETH. Open interest in ETH futures hit a record high, signaling bullish positioning despite recent weak...
The US Department of Commerce has closed a loophole that allowed advanced AI chips from Nvidia and AMD to be exported to Chinese companies operating outside China, such as in Malaysia. This move strengthens US efforts to restrict China's access to cr...
