Brookfield Asset Management Inc: Reports $6.4 billion of Investment Gains in First Quarter on $13 billion of Asset Sales
(US$ millions, except per share amounts)
Three Months Ended
2
2,3
2. Excludes amounts attributable to non-controlling interests.
3. 2020 per share amounts have been adjusted to reflect BAM s three-for-two stock split effective April 1, 2020.
4. See Basis of Presentation on page 8 and a reconciliation of net income (loss) to FFO on page 5.
Funds from operations (FFO) in the quarter were a record $2.8 billion and net income was $3.8 billion. This was due to strong financial results in our operations, the ongoing growth in our asset management franchise and increased asset sale activity. Growth in FFO from our invested capital was strong despite a lagging impact of our property results from the global shutdowns, but as economies normalize our affected assets are all coming back.
voxeljet AG (NASDAQ: VJET) (the "Company", or "voxeljet"), a provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, today announced consolidated
Sandstorm Gold Royalties Releases 2020 Sustainability Report, Acquires Nevada Royalty Package, and Provides Asset Update
News provided by
Share this article
DESIGNATED NEWS RELEASE
VANCOUVER, BC, May 13, 2021 /PRNewswire/ - Sandstorm Gold Ltd. ( Sandstorm Gold Royalties , Sandstorm or the Company ) (NYSE: SAND) (TSX: SSL) is pleased to announce the release of the 2020 Sustainability Report, the acquisition of 21 royalties on properties primarily in Nevada, and provide an update of recent developments from the Company s royalty portfolio.
SANDSTORM RELEASES 2020 SUSTAINABILITY REPORT
Sandstorm is pleased to announce the release of its 2020 Sustainability Report. The Company is committed to the responsible development of mineral projects and the sustainable extraction of metals and recognizes its influence on projects through its financial investments. This report is designed to provide shareholders and interested parties with a clear understanding of Sandstorm s corporate res
Basis of Presentation
This news release and accompanying financial statements are based on International Financial Reporting Standards (“IFRS”), as issued by the International Accounting Standards Board (“IASB”), unless otherwise noted.
We make reference to
Funds from Operations (“FFO”). We define FFO as net income attributable to shareholders prior to fair value changes, depreciation and amortization, and deferred income taxes, and includes realized disposition gains that are not recorded in net income as determined under IFRS. FFO also includes the company’s share of equity accounted investments’ FFO on a fully diluted basis. FFO consists of the following components:
FFO from Operating Activities represents the company’s share of revenues less direct costs and interest expenses; excludes realized carried interest and disposition gains, fair value changes, depreciation and amortization and deferred income taxes; and includes our proportionate share of FFO from
Globant Reports 2021 First Quarter Financial Results
News provided by
Share this article
First
IFRS Diluted EPS of $0.53 for the first quarter
Non-IFRS Diluted EPS of $0.83 for the first quarter
LUXEMBOURG, May 13, 2021 /PRNewswire/ Globant (NYSE: GLOB),
a
digitally native technology services company, today announced results for the three months ended March 31, 2021.
Please see highlights below, including certain Non-IFRS measures. Note that reconciliations between Non-IFRS financial measures and IFRS operating results are disclosed at the end of this press release.
First Quarter 2021 Financial Highlights
Revenues rose to $270.2 million, representing 41.0% year-over-year growth compared to the first quarter of 2020.
IFRS Gross Profit margin was 38.2% compared to 37.7% in the first quarter of 2020.