Category business

Challenges Arena: The expansionary trend continued; revenue grew 21x since its launch and 62 cumulative customer agreements by Q3FY23

Bengaluru, 7th February 2023: OnMobile Global Limited (“OnMobile”), the global leader in mobile entertainment, today announced the financial results for the Third quarter and Nine months FY23 ended December 31, 2022.

Highlights:

• Challenges Arena: Revenue increased by almost 52% on a QoQ and ~7x on a YoY basis and grew ~21x over the last 7 quarters
• Challenges Arena: 62 cumulative customer confirmations and 35 customers live as on Q3FY23
• Challenges Arena: 13.64 Mn gross subscribers as on Q3FY23
• Challenges Arena: By Q3FY23, the Net active base increased to 3.1 Mn from 1.98 Mn in September 2022
• ONMO B2B: 18 customers confirmed and 4 customers live as on Q3FY23. Revenue grew 77% QoQ
• Q3FY23 revenues at INR 1,369 Mn, flat QoQ. Gross profit stood at INR 706 Mn a growth of 3.4%. Gross margin improved by 170 basis points QoQ (~53.9% gross margin in Q3FY23)
• 9MFY23 revenues at INR 4,145 Mn, up by 0.8%; Gross profit stood at INR 2,101 Mn, a growth of 4.3% YoY basis. Gross margin improved by 150 basis points YoY (~52.9% gross margin in 9MFY23)
• Q3FY23 PAT grew by 555% QoQ to INR 41 Mn from INR 6 Mn in Q2FY23
• In Q3FY23 Marketing cost grew by 10.5% QoQ and 87.3% YoY primarily due to investments in new launches

Commenting on Q3FY23 results, Sanjay Baweja, CEO & MD, OnMobile, said, “Revenue was flat on a sequential basis. According to our strategy, we will continue to invest in marketing to increase our profitability in the long run. The worst is behind us, and CA and ONMO are gaining traction. We are well-positioned to achieve our goal of creating cutting-edge mobile gaming solutions thanks to our targeted execution and continued efforts to digitize our core B2B businesses.”

Asheesh Chatterjee, Global Group CFO, said, “EBITDA saw substantial growth from last quarter, lead by improvement in gross margins on account of revenue mix increasing in favor of CA which has higher margin. We are making good progress in both CA & ONMO and would see CA contributing to profitability and ONMO towards revenue growth in the coming quarters.”

Orange Egypt has signed a partnership agreement with Fawry, the leading provider of e-payments and digital finance solutions in Egypt, to enhance digital payment services and expand the features of Orange Cash wallet.

The collaboration strengthens Orange Cash’s position as Egypt’s leading digital payment service, providing customers with a comprehensive money management solution answering their needs with a reliable, secured, and fully compliant platform relying on the highest international technologies and security standards.

Money transfer, electricity, water, and gas bills, insurance premiums, union payments, clubs, schools, and universities, donations, ticket purchases, traffic fines, online purchases, real estate installments, bank loan settlement and merchant payments are just a few of the many services offered by Orange Cash.

Fawry is constantly looking to form lasting strategic alliances with important companies and institutions that provide e-payment services through their smart wallets. As Fawry owns the most developed systems for creating and managing e-wallets as well as the most advanced and secure fintech tools in order to support the Central Bank of Egypt’s initiatives and keep up with the digital transformation to achieve a cashless society.

This partnership fortifies Orange Cash’s role in serving customers by expanding the provision of new services and products while adhering to all regulations and regulatory requirements set by the Central Bank of Egypt.

On this occasion, Yasser Shaker, CEO at Orange Egypt said: “Today’s partnership with Fawry reaffirms the company’s strategy and commitment to accelerate financial inclusion and help turn the economy into a cashless one while ensuring that all payment needs of Egyptians are met through a comprehensive platform in cooperation with prominent local partner in this sector. Following our recent partnership with the National Bank of Egypt, this new partnership with Fawry combined with Orange’s worldwide expertise in mobile money and digital banking makes Orange Cash the strongest mobile wallet solution of Egypt with the strongest partners of the sector.”

He added: “Orange Cash provides now its customers with unprecedented digital payment capabilities in the field of e-wallets in Egypt, in a way that allows its customers to benefit from the latest global trends in this sector in a faster, safer, and more efficient way”.

Eng. Ashraf Sabry, CEO of Fawry, stated: “In response to the state’s tendency to increasingly rely on e-payment solutions in financial transactions, which has become absolutely necessary in recent years to keep up with digital transformation, Fawry has made significant investments, allowing it to serve as the strategic partner for digital transformation services as well as the development and management of mobile wallet platforms. We are pleased that all of the services and solutions offered by Fawry were created by Egyptians”.

“In order to give customers a unique, secure, and efficient experience, our partnership with Orange will greatly accelerate the development of e-payment solutions in Egypt through the widespread use of digital solutions”, he added.

Sabry emphasized Fawry’s commitment to fostering an e- payment culture throughout Egyptian society by utilizing a variety of electronic payment channels and methods for all transactions and day-to-day services. This came in line with Egypt’s Vision 2030, which aims to expand the financial sector, support and improve digital operations, and draw in new customer demographics in order to promote financial inclusion.

Thornton, CO, February 07, 2023 — Fulton Books author Paul Myhre, who has studied many ministers and godly men with the guidance of the Holy Spirit, has completed his most recent book, “Canceling the Ten Commandments”: an eye-opening exploration at how modern society is seeking to persecute those who wish to follows God’s holy laws as outlined within the Ten Commandments.

“In the following pages, I will show and demonstrate the current political climate to cancel the Ten Commandments and religion altogether,” writes Myhre. “Persecution of Christians goes on all over the world and is just beginning here. Anyone who thought that Christians and other religions were free from persecution here in America is simply fooling themselves.”

Myhre continues, “My hope is that this writing will raise people from their sleeping and begin to answer God’s call to battle. Be sure we are in a battle for the hearts, minds, and souls of everyone, and it is the duty and responsibility of Christians everywhere to spread the good news and fight the forces of Satan.”

Published by Fulton Books, Paul Myhre’s book is an enlightening read that highlights how Christians are being treated around the world, specifically in America as society holds less and less regard for God’s laws. Through his writings, Myhre calls out to his fellow followers of God in the hopes of uniting in the fight against Satan and restoring the moral code of the Ten Commandments.

Readers who wish to experience this inspiring work can purchase “Canceling the Ten Commandments” at bookstores everywhere, or online at the Apple iTunes store, Amazon, Google Play, or Barnes and Noble.

Please direct all media inquiries to Author Support via email at support@fultonbooks.com or via telephone at 877-210-0816.
Contact
Fulton Books
Media Relations
800-676-7845
www.fultonbooks.com

Houston, TX, February 07, 2023  MUDLabs™ brings the latest fluid performance technologies to the digital oilfield. announced today that it has completed a major rebranding. Joining forces with Cutpoint, Inc. they are launching new and improved ways to reduce drilling operators’ non-productive time when drilling.

Founded in 2014, the MUDLabs™ proven technologies are packaged, designed, and field tested to ensure the maximum drilling performance during your drilling program. MUDLabs™ deploys state-of-the-art proprietary technologies to enhance Drilling Fluids Performance and Hydraulic Fracture Performance for myriad clients. Their new partner Cutpoint, Inc. has served the upstream E&P industry for over 30 years. Cutpoint’s approach is to streamline “backyard” operations, track meaningful KPIs, and put dashboards in place that allow drilling management to “run the backyard by the numbers.”

The rebranding will offer a new approach with NPTLabs™ developing additional technologies that enhances drilling operators’ companies’​ environmental efficiency and performance whether locally or across the world with a suite of proprietary products and services. This rebranding has the mission to reduce cost, minimize environmental footprint, and improve the performance of fluid-related drilling operations. The new logo will carry the same MUDLabs™ colors, and the new website will expand sections on engineering and consulting services.

Bob Troy, NPTLabs™ COO said, “The concept of NPTLabs just like the name says is to reduce the Non-Productive Time for drilling operators to improve performance with drilling fluid measurement services. NPTLabs™ designs oilfield equipment and processes to satisfy drilling requirements. We specialize in harsh and remote environments. We apply engineering fundamentals to optimize the performance of Mud Tank Systems, Shale Shakers, Centrifuges, Thermal Desorption Equipment, and Cuttings Handling Equipment.”

Using appropriate measures and procedures like mud tests, you can protect your downhole tools, improve drilling fluids performance, increase savings, have better knowledge of the time to dilute, and ultimately avoid non-productive time. It is all in the fluid lab reading. The company is no longer just a van for on-call mobile laboratories, they are the one-stop-shop for any drilling operator to run their mud tests, engineer solutions, and train their personnel to maximize drilling performance.

Visit them to explore the new website, brand, and office.
Contact
NPTLABS
Robert Troy
844-683-5227
www.nptlabs.ai

Baltimore, MD, February 07, 2023 — On January 7, 2023, five Black police officers from the Memphis Police Department beat up a 29-year-old black man Tyre Nichols, during a traffic stop. He was hospitalized and died 3 days later.

In response to the tragedy, President Everett Winchester of the UNIA-ACL Baltimore Division 106 Barca-Clarke released the following statement:

“First of all, we are sending love and prayers to the family, friends, and associates of our young brother Tyre Nichols. Our UNIA-ACL Division 106 Barca-Clarke just protested Thursday, 1/26/2023 for officers to be charged in the death of the unarmed young man Donnell Rochester. Donnell was shot and killed unarmed. Then to see the video footage of our young brother Tyre, I can only explained it as an execution! While more information comes out about the unlawful traffic stop, to see the gruesome video was horrendous. I can only envision the thoughts, fear, and bewilderment he had. No one deserves such a brutal and unjustified beating. The police are suppose to protect our rights. It was an abuse of authority, power, and a lack of respect for the community.

“We demand justice. This incident did not happen because of a lack of judgement. This was not a simple mistake. This was an example of bad policing. This shows a police culture that deals with black people differently from other races. There is no other way to call it. It was torture! It was an unnecessary beating of a man. The police showed no ethics, and from the beginning of the traffic stop the police were immoral. We are asking that the black communities everywhere stand up and show support for the family. We cannot be quiet while this type of abuse is happening on the daily. This murder is not just a civil rights issue. The culture of the police needs to me more than questioned, it needs to be changed. You would think that black police officers would have a better understanding. I am afraid that our community will start normalizing Police brutality just as it seems we have normalized the violence in our community. This incident seems to be a police culture and training issue. We must fight for truth and fight for what the laws should be doing. Protecting us!

“One God! One Aim! One Destiny!

“The Universal Negro Improvement Association- African Communities League (UNIA-ACL) is a charitable, educational, friendly, humanitarian, institutional, social, constructive, expansive society Founded by the honorable Marcus Garvey. The motto of the organization is ‘One God! One Aim! One Destiny!’ Therefore, let justice be done to all mankind, realizing that if the strong oppresses the weak confusion and discontent will ever mark the path of man, but with love, faith and charity towards all the reign of peace and plenty will be heralded into the world and the generations of men shall be called blessed. The Baltimore division is named after General Hannibal Barca and Dr. John Henrik Clarke. Our Baltimore division has main mission is attending to the task of helping and healing our people in the Baltimore Metropolitan Area.

“We follow the teachings of The Honorable Marcus Garvey to build Solidarity, Strength and Self-Sufficiency in our Communities. In the Spirit of Hannibal Barca and in the footsteps of John Henrik Clarke, we will Inspire, Activate and Educate our people about their African History and The Pan-African Liberation Struggle.”

President Everett Winchester
443-466-0433
Everett@uniabarcaclarke.com
www.uniabarcaclarke.com
Contact
UNIA-ACL Baltimore Division 106
President Everett Winchester
443-466-0433
www.uniabarcaclarke.com

St. Louis, MO, February 07, 2023 — Mayor Tishaura O. Jones to issue an Optimist Day Proclamation on Thursday, February 2, 2023. On this day, the community can be an Optimist themselves in action by joining us to honor the Optimist Club of St. Louis and its 106+ years of helping the community and youth of St. Louis, Missouri.

“Today is a day to celebrate Optimist Day and optimism! As part of the organization’s ongoing mission, the Optimist Club of St. Louis is delighted to receive this proclamation from Mayor Tishaura O. Jones and the City of St. Louis, in recognizing Optimist Day and the Club for its over 106+ years of contributions to the community. With optimism as a cornerstone, the Club members hope to inspire others to embrace the positive and pass that on to others.” – Jennifer Bagwell, President of Optimist Club of St. Louis, MO.

Each year, Optimist Clubs around the world volunteer their time and skills in programs to improve their communities and provide opportunities for the youth of all ages. They provide leadership, scholarship, wellness, safety, arts, and sports programs. Optimist members look to the future with hope, and on Optimist Day please celebrate the volunteers who share their enthusiasm, skills, and talent to make tomorrow a vibrant and peaceful one.

The Optimist Club of St. Louis started in 1916 and has supported local youth in the city of St. Louis for over 106 years through programs and service projects that the Club is involved in. Additionally, the Club awards annual grants to other organizations in the community, all in the name of Optimism.
Contact
Optimist Club of St. Louis
Jennifer Bagwell
314-954-4613
stloptimists.org

Natick, MA, February 07, 2023 – According to a January 2023 survey of 200 AE firm executives conducted by management consulting firm, Morrissey Goodale, 70% of the AE firm respondents are anticipating that 2023 will be “an even better year than 2022,” which was a record year for many AE industry firms across the country.

In the survey, 77% of respondents say talent acquisition and retention is the primary constraint on performance. As a result, AE firms expect they will continue to increase salary compensation. Respondents did reveal that bonuses may not increase at the same rate as they did in 2022.

Other AE firm survey respondent highlights include:

AE Firms Plan Salary Budget Increases for 2023:

• · Over half (55%) of respondents plan salary increases of between 6% to 9%.
• · Forty-one percent of firms are budgeting raises of between 1% to 5%.
• · Three percent of firms plan on salary increases of 10% or more.
• · Architecture and AE firms are planning for lighter raises in the 1% to 5% range than their Engineering and EA peers who are budgeting 6% to 9%.
• · A greater percentage of firms with 1,000 employees or more are budgeting in the 1% to 5% range, compared with their smaller peers.
• · Surveying/Mapping firms anticipate a 6% to 9% increase raise in raises this year.

AE Firms Predict 2023 Bonus Environment to be Same as 2022:

• · Nearly half (48%) percent of respondents anticipate that bonuses will be about the same in 2023 as they were in 2022.
• · Ten percent of respondents expect their payout for bonuses to be lower.
• · Forty-two percent anticipate spending more on bonuses in 2023 compared with 2022.

“The AE industry continues to navigate unprecedented change at the intersection of four generational trends – not enough talent to meet demand, a great and on-going recapitalization, rapid technological advances, and massive public sector demand for services,” says Mick Morrissey, managing principal at Morrissey Goodale. “The winners will be those firms that make the investments needed now to secure the talent to meet short-term production needs and longer-term leadership development and firm transition initiatives.”

About Morrissey Goodale LLC
Morrissey Goodale LLC is a leading management consulting firm to the Architecture Engineering (AE) and Environmental Consulting industry. Headquarters are located at 209 West Central Street, Suite 317, Natick MA, 01760. The company can be reached at 508-254-3914 or on the web at www.morrisseygoodale.com. Morrissey Goodale also has offices in Denver, CO, Chicago, IL, Irvine, CA, Rochester, NY, Houston, TX, and Atlanta, GA.
Contact
Morrissey Goodale
Tricia Washington
714-592-0557

Homepage

Mark Goodale
508-254-3914
mgoodale@morrisseygoodale.com

Houston, TX, February 07, 2023 — VisiumKMS is partnering with DREEM, in an effort to provide environmental and sustainability software solutions to customers. Visium will be selling and implementing DREEM software alongside the DREEM team to ensure federal, and state environmental regulations as well as sustainability and ESG metrics can be followed smoothly.

“We are extremely excited to partner with DREEM Solutions,” said Karen Barnes, Managing Director of VisiumKMS. “Our customers value environmental, social and governance practices and now they can seamlessly include ESG practices with their EHS practices in one integrated solution. DREEM Solutions is quickly becoming an important provider in the ESG market, which made them an ideal partner for VisiumKMS.”

Organizations that are subject to mandatory or voluntary environmental and sustainability reporting need a simple solution that is agile, intuitive, and user-friendly, which is what DREEM can provide. Alongside Visium, which holds environmental, social and governance practices at the heart of their developments, sustainability and compliance will be assured.

“We are thrilled to be partnering with Visium,” said Khal Rabadi, DREEM’s Founder and CEO. “Their reputation for delivering outstanding software and services is well-known in the industry, and we are excited to partner with Visium to offer DREEM software to their customers. We believe that this partnership will help us to better serve the EHS market and to continue growing our business.”

Both Visium and DREEM believe that their solutions go hand in hand in ensuring the industry can find viable solutions for the long term.

About Visium

VisiumKMS delivers simplicity to global enterprises who contend with regulated processes and complex engineering assets. We break the shackles that outmoded, and subsequently high-risk processes impose on progress.

Developed over the course of the last 30 years, VisiumKMS has evolved as heavy industry has evolved, responding to growing complexity with a solution that offers a simple approach to systematic management.

Our team brings direct industry experience to bear in solving problems we fully understand, with solutions we develop with passion – a belief in our ability to take you to the next level of efficiency in the areas of your operations most critical to success and compliance; your unique aspirations and goals.

About DREEM

Data Reporting and Enterprise Environmental Management Solutions (DREEM) is a cloud-hosted solution that brings simplicity & powerfulness to the day-to-day tasks of the sustainability world; by simplifying the user experience while maintaining the capability to crunch, manipulate, analyze & report on data.

DREEM specifically targets sustainability, ESG, and environmental management, and incorporates features enabling users to track, analyze, and report upon events with sustainability and environmental implications. This includes both required governmental and management reporting.
Contact
VisiumKMS
Karen Barnes
(713) 492-7290

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Portland, OR, February 7, 2023 –— Nova USA Wood Products, Inc., a leading supplier of high-quality wood products and accessories, has been named the exclusive provider of Rhino Wood in North America. Rhino Wood is a modified timber produced through a patented two-stage process that uses thermal modification and pressure to impregnate the original wood right to the core with a proprietary compound. This patented process results in the perfect sustainable alternative to hardwoods like Ipe. Rhino Wood achieves the same high-density, low-maintenance, and Class 1 durability characteristics as Ipe hardwood while aging beautifully into a silver-grey color over time.

“Rhino Wood is the ideal complement to our premium line of exotic hardwood decking and siding products,” said Steve Getsiv, the company’s CEO. “Many of the hardwoods that were previously used throughout the marketplace are now either scarce or prohibitively expensive. Rhino Wood is the latest example of our efforts to meet customer needs with high-quality woods that will stand the test of time with beauty and great structural integrity.”

“Nova USA Wood Products offered everything we wanted in a U.S. partner,” added Steven Suntup, Rhino Wood’s U.S. representative. “They have an extensive distribution network that extends from the U.S. into Mexico and Canada. Plus, they know the true value of innovation and the need to continually meet client needs with premium products that look great and perform exceptionally well no matter the climate. This includes providing a large variety of cost-effective alternatives to the hardwoods that are increasingly becoming cost-prohibitive and less available.”

Rhino Wood’s patented thermal heat and pressure impregnation process was specifically developed to double the hardness and density of sustainably-sourced South African Pine species. Durable and stable, Rhino Wood is the ideal choice for outdoor applications with products including decking, fencing, and siding, as well as posts, laminated beams, and custom patterns such as beaded ceilings and T&G porch flooring. Rhino Wood will be offered in patterns that fit perfectly with Nova’s patented line of hidden decking clips and rain screen siding clips.

In addition to being biodegradable and containing zero toxins and no volatile organic compounds (VOCs), Rhino Wood can also be disposed of like any other untreated wood. Other advantages include the ability to resist dents, scratches, surface damage, moisture, swelling, shrinkage, insects, UV degradation, rot, and decay.

Rhino Wood will be available from Nova USA Wood Products in early 2023. For more information, please visit www.novausawood.com or call 503-419-6407.

About Nova USA Wood Products
Launched in 2005, Nova is dedicated to the supply of superior, high-quality wood products and accessories available at the most competitive prices in today’s marketplace. This includes the company’s Real Wood Solutions like its proprietary line of ExoShield Wood Stains, ExoDek® QuickClip® hidden fasteners, ExoClad® QuickClip™ Rainscreen Siding Clips, and premium tropical hardwood decking and siding products.
Contact
StarrComm Strategies
William Chelak
732-541-8471
www.novausawood.com/