Earnings https://www.benzinga.com/views/taxonomy/term/16888 en CloudMD Reports Solid Performance with Third Quarter 2021 Financial Results; Record Revenue of $39.2M and First Quarter with Positive Adjusted EBITDA https://www.benzinga.com/pressreleases/21/11/g24344637/cloudmd-reports-solid-performance-with-third-quarter-2021-financial-results-record-revenue-of-39-2 <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <ul> <li style="text-align:left;"><strong>Q3 2021 is the first quarter that fully recognizes the financial results from all previously announced and closed acquisitions</strong><br /></li> <li><strong>Record Q3 2021 revenue of $39.2 million; an increase of 150% compared to Q2 2021 and an increase of 1066% compared to Q3 2020 </strong></li> <li><strong>First quarter with positive Adjusted EBITDA of $0.8 million compared to a loss of $0.7 million in Q2 2021 and a loss of $1.3 million in Q3 2020 </strong></li> <li><strong>Increased annualized revenue run rate to over $185 million demonstrating strategic capital allocation and strong organic growth</strong></li> <li><strong>Increased engagement on the Comprehensive Integrated Health Platform; added an additional 300,000 employees and family members, resulting in a total of 560,000 individuals </strong></li> <li><strong>Positive client outcomes with Net Promoter Score of 80, 98% satisfaction rate and 164 new clients added in the quarter</strong></li> <li><strong>Program with Sun Life delivered proven data-driven individual health outcomes including: </strong><br /> <ul type="circle"> <li><strong>89% of those experiencing depression and 91% of those experiencing anxiety noticed ‘major improvements&#039;</strong></li> <li><strong>82% said they would recommend the service based on their own experience</strong></li> <li><strong>46% increase in plan members utilizing their mental health benefits for the first time</strong></li> </ul> </li> </ul> <p align="justify">VANCOUVER, British Columbia, Nov. 29, 2021 (GLOBE NEWSWIRE) -- CloudMD Software &amp; Services Inc. (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/DOC#TSXV" rel="nofollow">DOC</a>, OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/DOCRF#OTCQB" rel="nofollow">DOCRF</a>, Frankfurt: 6PH)) (the "<strong>Company</strong>" or "<strong>CloudMD</strong>"), a healthcare technology company revolutionizing the delivery of care, announced its financial results for the third quarter ended September 30, 2021. All financial information is presented in Canadian dollars unless otherwise indicated.</p> <p align="justify">"<em>This was a milestone quarter for CloudMD as it&#039;s the first quarter we recognized full revenue contributions from all the recently closed acquisitions and clearly demonstrated that our whole-person, patient-centric approach to healthcare is working. We&#039;ve onboarded 560,000 individuals onto our Comprehensive Integrated Health Platform and are providing valuable data-driven outcomes, which is proven by our successful program with Sun Life where 89% of those experiencing depression and 91% of those experiencing anxiety noticed major improvements. We&#039;ve also achieved positive client outcomes across engagement, attachment rate, and net promoter scores," </em><strong><em>said </em></strong><strong>Dr. Essam Hamza, CEO of CloudMD.</strong> "<em>I am extremely proud of the Company&#039;s progress and the team&#039;s ability to execute on our growth strategy across all divisions, which is evident by new clients wins, rapid growth and improved profitability. Our unique, proprietary healthcare offering is an industry first, and I&#039;m confident that we will be able to continue our North American and global expansion."</em></p> <p><strong>Third Quarter 2021 Financial Highlights</strong></p> <ul type="disc"> <li style="text-align:justify;">Q3 2021 revenue was $39.2 million, compared to $15.7 million in Q2 2021 and $3.4 million in Q3 2020. The increase is primarily attributable to acquisition growth with 4 acquisitions completed in the preceding quarter, and 14 acquisitions completed in the last 12 months.<br /></li> </ul> <ul type="disc"> <li style="text-align:justify;">Q3 2021 gross margin<sup>1</sup> was 34.0%, compared to 35.5% in Q2 2021 and 37.5% in Q3 2020. The decrease is due to revenue mix where the Company&#039;s patient support programs and online eyewear platform, currently lower-margin businesses, represented 32% of revenues for the current quarter. The Company expects its gross margin to increase due to ongoing efforts to integrate its acquisitions and increase its operational efficiency.<br /><br /></li> <li style="text-align:justify;">Net comprehensive loss attributable to equity holders of the Company in Q3 2021 was $4.2 million or $0.02 per share, compared to $6.2 million or $0.03 per share in Q2 2021 and $2.7 million or $0.02 per share in Q3 2020.<br /><br /></li> <li style="text-align:justify;">Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (<strong>"Adjusted EBITDA</strong><sup><strong>1</strong></sup><strong>"</strong>) was $0.8 million in Q3 2021, compared to a loss of $0.7 million in Q2 2021 and a loss of $1.3 million in Q3 2020. <br /><br /></li> <li style="text-align:justify;">Cash and cash equivalents were $53.7 million as at September 30, 2021, compared to $60.9 million at June 30, 2021 and $59.7 million at December 31, 2020. The decrease for the period was primarily attributable to payments related to the acquisitions completed near the end of June 2021, which will not reoccur in the future.<br /></li> </ul> <p align="justify"><strong>Third Quarter &amp; Subsequent Corporate Highlights </strong></p> <ul type="disc"> <li style="text-align:justify;">On September 14, 2021, the Company announced a partnership with 19 new post-secondary institutions across Canada to provide its Aspiria Student Assistance Program and multi-layered mental health resources to over 167,000 additional students. <br /><br /></li> <li style="text-align:justify;">On September 28, 2021, the Company announced the appointment of KPMG LLP as the Company&#039;s independent auditors to hold office until the end of the next annual general meeting of shareholders.<br /><br /></li> <li style="text-align:justify;">On October 5, 2021, the Company announced the appointment of Angel Paravicini as Senior Vice President of Business Development and Customer Success to drive expansion in the United States and globally.<br /><br /></li> <li style="text-align:justify;">On October 27, 2021, the Company announced that through one of its subsidiaries, it has received U.S. Patent Approval for its Real Time Intervention Platform ("RTIP") which is the technology backbone for CloudMD&#039;s comprehensive healthcare platform that addresses all points of a patients care from one, connected platform.<br /><br /></li> <li style="text-align:justify;">On November 9, 2021, the Company announced the appointment of Duncan Hannay and Karen Adams to the Board of Directors of CloudMD.<br /><br /></li> <li style="text-align:justify;">On November 15, 2021, the Company announced it had entered into a definitive agreement (the "<strong>Arrangement Agreement</strong>") with MindBeacon Holdings Inc. ("<strong>MindBeacon</strong>") pursuant to which CloudMD agreed to acquire all of MindBeacon&#039;s issued and outstanding common shares for cash and shares of the Company. Under the terms of the Arrangement Agreement, each common share of MindBeacon will be exchanged for $1.22 cash and 2.285 common shares of CloudMD. Closing of the transaction is subject to a number of customary closing conditions, including approval by at least two-thirds of the votes cast at a special meeting of MindBeacon&#039;s shareholders, as well as court and regulatory approval. The MindBeacon shareholder meeting is expected to be held on or about January 10, 2022 and, subject to the satisfaction or waiver of the other closing conditions, closing is expected to occur shortly thereafter, on or about January 14, 2022.<br /><br /></li> <li style="text-align:justify;">On November 29, 2021, the Company announced it has partnered with Sun Life to expand the seven month pilot program and start rolling out its Mental Health Coach as part of Sun Life&#039;s Group Benefits offering. Findings from the pilot include (1) 89% of those experiencing depression and 91% of those experiencing anxiety noticed ‘major improvements&#039;; (2) 82% said they would recommend the service based on their own experience; and, (3) 46% increase in plan members utilizing their mental health benefits for the first time.<br /></li> </ul> <p align="justify"><strong>Outlook</strong></p> <p align="justify">CloudMD is creating innovation in the delivery of healthcare services, by leveraging technology to improve access to care leading to better health outcomes. Through its team-based, patient-centric approach, CloudMD provides one, connected platform for patients, healthcare practitioners, and enterprise clients to address whole-person, coordinated care. The Company has a multi-pronged growth strategy which focuses on organic growth, accretive mergers and acquisitions and leveraging assets across all divisions.</p> <p align="justify">The Company&#039;s long term growth will be largely driven by: (1) continuing to integrate all its proprietary health technology solutions into its ecosystem, including the recently announced proposed acquisition of MindBeacon; (2) realizing cost savings and cross-selling opportunities to new and existing customers across CloudMD; (3) winning new customers with its unique healthcare offering and providing meaningful data driven outcomes; and (4) continuing to execute on its defined expansion strategy across North America and Globally.</p> <p align="justify">CloudMD has proven out its integration strategy and by leveraging its proprietary technology, has successfully integrated all its recent acquisitions into one connected platform. In respect of the recently announced proposed acquisition of MindBeacon, CloudMD has already identified cost savings of approximately $2 million and cross-sell synergies and has started to plan the integration of MindBeacon&#039;s synergistic healthcare solutions into its mental health services offerings. In addition, the Company believes there are an additional $2 million in potential synergies available over time through the integration of MindBeacon and its other acquisitions.</p> <p align="justify">CloudMD&#039;s proprietary Comprehensive Integrated Health Platform continues to see impressive adoption rates within the Enterprise Health Solutions division, and the Company has onboarded 560,000 employees and family members on the platform who are receiving individualized care. CloudMD has achieved positive client outcomes including a Net Promoter Score of 80, 98% satisfaction rate and 164 new clients added in the third quarter.</p> <p align="justify">CloudMD continues to win new clients and customers including Sun Life and other large organizations in retail, transportation, and financial sectors with its industry-leading approach that delivers important outcomes that measure the patient success and engagement of its connected platform.</p> <p align="justify">The technology that underpins the platform is scalable and the Company will continue looking at opportunities to expand its unique offering to clients across North America and globally. CloudMD has built an experienced sales team, and with the recent addition of Angel Paravicini, expects to drive sales and business development to open new distribution channels and attract new clients in the United States.</p> <p align="justify">Upon close of the proposed acquisition of MindBeacon, CloudMD will have a strong balance sheet with over $60 million in cash and cash equivalents. The Company will continue to deploy capital towards a robust pipeline of accretive, synergistic acquisitions, focused on products, capabilities, clinical specialties, and technologies that are highly scalable and rapidly growing.</p> <p align="justify">CloudMD will continue to focus on delivering meaningful shareholder value by executing on its growth strategy through the continued integration of its comprehensive healthcare offering, winning new business and clients with its unique, Comprehensive Integrated Health Platform, expansion of its scalable product across new geographies including the United States, and strategic capital allocation to drive its rapid growth.</p> <p align="justify"><strong>Selected Financial Information</strong></p> <p align="justify">All results were prepared in accordance with International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board.</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td rowspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; "><em>(In thousands of Canadian dollars, except per share amounts)</em><br /></td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td colspan="5" style="border-top: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Three months ended</strong></td> <td colspan="2" style="border-top: solid black 1pt ; border-right: solid black 1pt ; vertical-align: bottom ; "><strong> </strong></td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td colspan="5" style="border-top: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Nine months ended</strong></td> <td colspan="2" style="border-top: solid black 1pt ; border-right: solid black 1pt ; vertical-align: bottom ; "><strong> </strong></td> </tr> <tr> <td style="vertical-align: bottom ; "> </td> <td colspan="5" style="text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>September 30,</strong></td> <td colspan="2" style="border-right: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="5" style="text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>September 30,</strong></td> <td colspan="2" style="border-right: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>(%)</strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>(%)</strong></td> </tr> <tr> <td style="max-width:42%; width:42%; min-width:42%;;border-left: solid black 1pt ; vertical-align: bottom ; ">Revenue</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">$</td> <td style="max-width:8%; width:8%; min-width:8%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">39,162</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">$</td> <td style="max-width:8%; width:8%; min-width:8%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">3,359</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">1066%</td> <td style="max-width:1%; width:1%; min-width:1%;;border-right: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">$</td> <td style="max-width:8%; width:8%; min-width:8%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">63,596</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">$</td> <td style="max-width:8%; width:8%; min-width:8%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">9,205</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">591%</td> <td style="max-width:1%; width:1%; min-width:1%;;border-right: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="border-bottom: solid black 1pt ; border-left: solid black 1pt ; vertical-align: bottom ; ">Cost of sales</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">(25,866)</td> <td style="border-bottom: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">(2,100)</td> <td style="border-bottom: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">1132%</td> <td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">(41,152)</td> <td style="border-bottom: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">(5,792)</td> <td style="border-bottom: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">610%</td> <td style="border-right: solid black 1pt ; border-bottom: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="border-left: solid black 1pt ; vertical-align: bottom ; ">Gross profit<sup> (1)</sup></td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">13,296</td> <td style="text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">1,259</td> <td style="text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">956%</td> <td style="border-right: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">22,444</td> <td style="text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">3,413</td> <td style="text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; ">558%</td> <td style="border-right: solid black 1pt ; text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="border-left: solid black 1pt ; vertical-align: bottom ; "><em>Gross margin</em></td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "><em>34.0</em><em>%</em></td> <td style="text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "><em>37.5</em><em>%</em></td> <td style="text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td colspan="2" style="border-right: solid black 1pt ; text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "><em> </em></td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "><em>35.3</em><em>%</em></td> <td style="text-align: left ; vertical-align: middle; padding-left: 0 ; padding-right: 0 ; vertical-align: bottom ; "> </td> <td style="text-align: right ; ...</tr></table><p><a href=https://www.benzinga.com/pressreleases/21/11/g24344637/cloudmd-reports-solid-performance-with-third-quarter-2021-financial-results-record-revenue-of-39-2 alt=CloudMD Reports Solid Performance with Third Quarter 2021 Financial Results; Record Revenue of $39.2M and First Quarter with Positive Adjusted EBITDA>Full story available on Benzinga.com</a></p> DOCRF Earnings News TSXV:DOC Press Releases Mon, 29 Nov 2021 21:43:38 +0000 Globe Newswire 24344637 at https://www.benzinga.com Avante Logixx Inc. Announces Adjusted EBITDA of $0.6 Million (or $0.03 Per Share) for Its Second Quarter Ended September 30, 2021 on Revenues of $22.6 Million https://www.benzinga.com/pressreleases/21/11/g24344200/avante-logixx-inc-announces-adjusted-ebitda-of-0-6-million-or-0-03-per-share-for-its-second-quarte <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="center"><strong><em>Not for distribution to U.S. news wire services or for dissemination in the United States</em></strong></p> <p align="justify">TORONTO, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ALXXF#OTC" rel="nofollow">ALXXF</a>) ("Avante" or the "Company") released financial results for its second fiscal quarter ended September 30, 2021 (all amounts in thousands of Canadian dollars, unless otherwise indicated).<br /></p> <p align="justify">In addition, the Company&#039;s Board of Directors continues to make progress on and evaluate the various strategic alternatives available to the Company as announced on August 24, 2021 (the "<strong>Strategic Review</strong>").</p> <p align="justify"><strong><u>RESULTS FOR THE THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2021</u></strong></p> <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: bottom ; ">Avante&#039;s Fiscal Year End is March 31.</td> <td colspan="6" style="border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Three Months Ended</strong></td> </tr> <tr> <td style="max-width:64%; width:64%; min-width:64%;;vertical-align: top ; ">Expressed in C$ thousands, unless otherwise noted</td> <td colspan="2" style="max-width:12%; width:12%; min-width:12%;;border-bottom: solid black 1pt ; border-left: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>30-Sep-20</strong></td> <td colspan="2" style="max-width:12%; width:12%; min-width:12%;;border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>30-Jun-21</strong></td> <td colspan="2" style="max-width:12%; width:12%; min-width:12%;;border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>30-Sep-21</strong></td> </tr> <tr> <td style="vertical-align: top ; ">Revenues</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; border-left: solid black 1pt ; vertical-align: top ; ">$23,602</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$24,120</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$22,601</td> </tr> <tr> <td style="vertical-align: top ; ">Gross profit <sup>(1)</sup></td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; border-left: solid black 1pt ; vertical-align: top ; ">$5,774</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$5,894</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$4,242</td> </tr> <tr> <td style="vertical-align: top ; ">Gross profit margin <sup>(1)</sup></td> <td colspan="2" style="border-left: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">24.5%</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">24.4%</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">18.8%</td> </tr> <tr> <td style="vertical-align: top ; ">Direct Operating Expenses <sup>(1)</sup></td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; border-left: solid black 1pt ; vertical-align: top ; ">$4,034</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$3,840</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$3,668</td> </tr> <tr> <td style="vertical-align: top ; ">EBITDA <sup>(1)</sup></td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; border-left: solid black 1pt ; vertical-align: top ; ">$1,190</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$1,799</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">($2,085)</td> </tr> <tr> <td style="vertical-align: top ; ">Adjusted EBITDA <sup>(1)</sup></td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; border-left: solid black 1pt ; vertical-align: top ; ">$1,719</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$2,008</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$627</td> </tr> <tr> <td style="vertical-align: top ; ">Comprehensive income (loss) attributed to Avante shareholders</td> <td colspan="2" style="border-left: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">($367)</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$277</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">($2,926)</td> </tr> <tr> <td style="vertical-align: top ; ">Basic and fully diluted income per share</td> <td colspan="2" style="border-left: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">($0.025)</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$0.013</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">($0.138)</td> </tr> <tr> <td style="vertical-align: top ; ">Basic and fully diluted Adjusted EBITDA per share <sup>(1)</sup></td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; border-left: solid black 1pt ; vertical-align: top ; ">$0.081</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$0.095</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$0.030</td> </tr> <tr> <td style="vertical-align: top ; ">Cash Flow from Operations before Working Capital</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; border-left: solid black 1pt ; vertical-align: top ; ">$1,713</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$1,370</td> <td colspan="2" style="padding-left: 0 ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: top ; ">$623</td> </tr> </table> <p align="justify">"During Q2 we have been responding to the challenges created by the current economic environment," said Craig Campbell, CEO and Director of Avante. "It is a difficult operating environment, driven by inconsistent re-opening and return to work policies and implementation, coupled with a tight labour market and supply chain constraints resulting in significant increases in our labour costs as a percent of revenue. I am proud of the team and our businesses that despite these challenges, we have demonstrably grown recurring and contractual revenue, while reducing our direct operating expenses. It is my belief that these challenges are transitory and short term in nature. While navigating these challenges we continue to drive profitable growth in new markets while onboarding net new customers, increasing wallet share with existing customers all while remaining focused on improving our ...</p><p><a href=https://www.benzinga.com/pressreleases/21/11/g24344200/avante-logixx-inc-announces-adjusted-ebitda-of-0-6-million-or-0-03-per-share-for-its-second-quarte alt=Avante Logixx Inc. Announces Adjusted EBITDA of $0.6 Million (or $0.03 Per Share) for Its Second Quarter Ended September 30, 2021 on Revenues of $22.6 Million>Full story available on Benzinga.com</a></p> ALXXF Earnings News TSXV:XX Press Releases Mon, 29 Nov 2021 21:32:03 +0000 Globe Newswire 24344200 at https://www.benzinga.com LIZHI INC. Reports Third Quarter 2021 Unaudited Financial Results https://www.benzinga.com/pressreleases/21/11/g24344080/lizhi-inc-reports-third-quarter-2021-unaudited-financial-results <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">GUANGZHOU, China, Nov. 29, 2021 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or the "Company" or "We") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIZI#NASDAQ" rel="nofollow">LIZI</a>), an audio-based social and entertainment platform, today announced its unaudited financial results for the third quarter ended September 30, 2021.<br /></p> <p align="justify"><strong><u>Third Quarter 2021 Financial and Operational Highlights</u></strong></p> <ul type="disc"> <li style="text-align:justify;"><strong>Net revenues</strong> were RMB504.8 million (US$78.4 million) in the third quarter of 2021, representing a 40% increase from RMB361.5 million in the third quarter of 2020.</li> <li style="text-align:justify;"><strong>Average total mobile MAUs</strong><sup><strong>1</strong></sup> in the third quarter of 2021 reached 58.9 million, representing an increase of 5% from 56.2 million in the third quarter of 2020.</li> <li style="text-align:justify;"><strong>Average total monthly paying users</strong><sup><strong>2</strong></sup> in the third quarter of 2021 reached 485.5 thousand, representing an increase of 8% from 448.3 thousand in the third quarter of 2020.<br /></li> </ul> <p align="justify">"We continued to focus on building a competitive audio ecosystem in the third quarter of 2021," said Mr. Jinnan (Marco) Lai, founder and CEO of LIZHI. "Our strategic initiatives during the quarter focused on refining our operational strategies and harnessing our capabilities on core content categories that feature higher commercialization prospects. In doing so, we strive to unleash more commercialization potential presented in audio entertainment business and build a solid foundation for our long-term sustainable growth. In the third quarter of 2021, our average audio entertainment mobile MAUs increased by 21% year-over-year to 9.17 million. Coupled with optimized operational strategy, we expect the audio entertainment business to further boost the efficiency of paying user conversion and drive our revenue growth moving forward.</p> <p align="justify">"On the global front, we continued to refine and enhance the social networking capabilities of our TIYA App. We are pleased with its progress over the past year since its launch in the U.S. and will continue to introduce new functions and features that enhance user engagement. Building on our technology roadmap and iterative product development framework, we are diligently working to reinforce our ecosystem&#039;s virtuous cycle and offer a better user experience across our platforms and apps. We believe these endeavors will strengthen our core competencies as we navigate the evolving market landscape in China and further expand in the global audio space," Mr. Lai concluded.</p> <p align="justify">Ms. Chengfang Lu, Acting Chief Financial Officer of LIZHI, stated, "We&#039;re pleased to see another solid year-over-year revenue growth in the third quarter. Driven by our improved operational strategy, our gross margin grew to 30%, up 500 basis points year-over-year. We believe the audio entertainment ecosystem we&#039;ve built is fundamental to our long-term growth. Looking ahead, we will continue optimizing our audio entertainment business, enhancing commercialization capabilities, and leveraging our technology innovation and expertise, as well as actively exploring the international market, in order to achieve sustainable growth."</p> <p align="left">____________<br /><sup>1</sup> Refers to the average monthly number of active users across our platforms and Apps in a given period, calculated by dividing (i) the sum of mobile active users for each month of such period, by (ii) the number of months in the same period.<br /><sup>2</sup> Refers to the average monthly number of paying user in a given period, calculated by dividing (i) the total number of paying users in each month of such period by (ii) the number of months in the same period.</p> <p><strong><u>Third Quarter 2021 Unaudited Financial Results</u></strong></p> <p align="justify"><strong>Net revenues</strong> were RMB504.8 million (US$78.4 million) in the third quarter of 2021, representing an increase of 40% from RMB361.5 million in the third quarter of 2020, primarily driven by the growth of paying users and enhanced commercialization capabilities of our audio entertainment products. While the COVID-19 resurgence in various parts of the world continues, the extent to which the COVID-19 impacts on the Company&#039;s operations beyond the third quarter of 2021 depends on the future development of the pandemic in China and across the globe, which is subject to change and substantial uncertainty, and therefore cannot be predicted.</p> <p align="justify"><strong>Cost of revenues </strong>was RMB353.6 million (US$54.9 million) in the third quarter of 2021, representing an increase of 31% from RMB270.9 million in the third quarter of 2020, mainly attributable to an increase in revenue sharing fees to our content creators, salary and welfare benefits expenses and bandwidth costs, which were generally in line with the Company&#039;s growth in business.</p> <p align="justify"><strong>Gross profit</strong> was RMB151.3 million (US$23.5 million) in the third quarter of 2021, representing an increase of 67% from RMB90.6 million in the third quarter of 2020.</p> <p align="justify"><strong>Non-GAAP gross profit</strong><sup><strong>3</strong></sup> was RMB154.5 million (US$24.0 million) in the third quarter of 2021, representing an increase of 68% from RMB91.9 million in the third quarter of 2020.</p> <p align="justify"><strong>Gross margin</strong> for the third quarter of 2021 increased to 30% from 25% in the third quarter of 2020. <strong>Non-GAAP gross margin</strong> for the third quarter of 2021 grew to 31% from 25% in the third quarter of 2020.</p> <p align="justify"><strong>Operating expenses</strong> were RMB191.3 million (US$29.7 million) in the third quarter of 2021, representing an increase of 91% from RMB100.2 million in the third quarter of 2020.</p> <p align="justify"><em>Research and development expenses </em>were RMB73.4 million (US$11.4 million) in the third quarter of 2021, representing an increase of 32% from RMB55.6 million in the third quarter of 2020. The increase was primarily due to the increased salary and welfare benefits expenses related to an increase in the number of our research and development staff and averaging salary.</p> <p align="justify"><em>Selling and marketing expenses </em>were RMB88.2 million (US$13.7 million) in the third quarter of 2021, compared to RMB27.1 million in the third quarter of 2020, primarily attributable to the increased promotion and marketing activities.</p> <p align="justify"><em>General and administrative expenses</em> were RMB29.7 million (US$4.6 million) in the third quarter of 2021, representing an increase of 71% from RMB17.4 million in the third quarter of 2020. The increase was mainly due to the increase in salary and welfare benefits expenses and other professional service fee.</p> <p align="justify"><strong>Operating loss </strong>was RMB40.1 million (US$6.2 million) in the third quarter of 2021, compared to RMB9.6 million in the third quarter of 2020.</p> <p align="justify"><strong>Non-GAAP operating loss</strong><sup><strong>4</strong></sup> was RMB30.1 million (US$4.7 million) in the third quarter of 2021, compared to RMB2.9 million in the third quarter of 2020.</p> <p align="justify"><strong>Net loss</strong> was RMB37.1 million (US$5.8 million) in the third quarter of 2021, compared to RMB6.1 million in the third quarter of 2020.</p> <p align="justify"><strong>Non-GAAP net loss</strong><sup><strong>5</strong></sup> was RMB27.2 million (US$4.2 million) in the third quarter of 2021, compared to non-GAAP net income of RMB0.6 million in the third quarter of 2020.</p> <p align="justify"><strong>Net loss attributable to LIZHI INC.</strong>&#039;<strong>s ordinary shareholders</strong> was RMB37.1 million (US$5.8 million) in the third quarter of 2021, compared to RMB6.1 million in the third quarter of 2020.</p> <p align="justify"><strong>Non-GAAP net loss attributable to LIZHI INC.</strong>&#039;<strong>s ordinary shareholders</strong><sup><strong>6</strong></sup> was RMB27.2 million (US$4.2 million) in the third quarter of 2021, compared to non-GAAP net income attributable to LIZHI INC.&#039;s ordinary shareholders of RMB0.6 million in the third quarter of 2020.</p> <p align="justify"><strong>Basic and diluted net loss per ADS</strong><sup><strong>7</strong></sup> were RMB0.73 (US$0.11) in the third quarter of 2021, compared to RMB0.13 in the third quarter of 2020.</p> <p align="justify"><strong>Non-GAAP basic and diluted net loss per ADS</strong><sup><strong>8</strong></sup> were RMB0.54 (US$0.08) in the third quarter of 2021, compared to non-GAAP basic and diluted net income of RMB0.01 per ADS in the third quarter of 2020.</p> <p align="left">____________<br /><sup>3</sup> Non-GAAP gross profit is a non-GAAP financial measure, which is defined as gross profit excluding share-based compensation expenses. This adjustment amounted to RMB3.2 million (US$0.5 million) in the third quarter of 2021. Please refer to the section below titled "Unaudited Reconciliations of GAAP and Non-GAAP Results" for details.<br /><sup>4</sup> Non-GAAP operating loss is a non-GAAP financial measure, which is defined as operating loss excluding share-based compensation expenses. This adjustment amounted to RMB9.9 million (US$1.5 million) in the third quarter of 2021. Please refer to the section below titled "Unaudited Reconciliations of GAAP and Non-GAAP Results" for details.<br /><sup>5</sup> Non-GAAP net loss is a non-GAAP financial measure, which is defined as net loss excluding share-based compensation expenses. These adjustments amounted to RMB9.9 million (US$1.5 million) in the third quarter of 2021. Please refer to the section below titled "Unaudited Reconciliations of GAAP and Non-GAAP Results" for details.<br /><sup>6</sup> Non-GAAP net loss attributable to LIZHI INC.&#039;s ordinary shareholders is a non-GAAP financial measure, which is defined as net loss attributable to LIZHI INC.&#039;s ordinary shareholders excluding accretions to preferred shares redemption value and share-based compensation expenses. These adjustments amounted to RMB9.9 million (US$1.5 million) and RMB6.6 million in the third quarter of 2021 and 2020, respectively. Please refer to the section below titled "Unaudited Reconciliations of GAAP and Non-GAAP Results" for details.<br /><sup>7</sup> ADS refers to American Depositary Share. Each ADS represents twenty Class A ordinary shares of the Company. Basic and diluted net loss per ADS is net loss attributable to LIZHI INC.&#039;s ordinary shareholders divided by weighted average number of ADS.<br /><sup>8</sup> Non-GAAP basic and diluted net loss per ADS is a non-GAAP financial measure, which is defined as non-GAAP net loss attributable to LIZHI INC.&#039;s ordinary shareholders divided by weighted average number of ADS used in the calculation of basic and diluted net loss per ADS.</p> <p align="justify"><strong><u>Balance Sheets</u></strong></p> <p align="justify">As of September 30, 2021, the Company had cash and cash equivalents and restricted cash of RMB515.9 million (US$80.1 million).</p> <p align="justify"><strong><u>Conference Call</u></strong><br />  <br />The Company&#039;s management will host an earnings conference call at 8:00 PM U.S. Eastern Time on November 29, 2021 (9:00 AM Beijing/Hong Kong Time on November 30, 2021).</p> <p align="justify">For participants who wish to join the call, please access the link provided below to complete the Direct Event online registration and dial in 10 minutes prior to the scheduled call start time.</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="max-width:30%; width:30%; min-width:30%;;text-align: left ; vertical-align: middle; vertical-align: top ; ">Event Title:</td> <td style="max-width:70%; width:70%; min-width:70%;;text-align: left ; vertical-align: middle; vertical-align: top ; ">LIZHI INC. Third Quarter 2021 Earnings Conference Call</td> </tr> <tr> <td style="text-align: left ; vertical-align: middle; vertical-align: top ; ">Conference ID:</td> <td style="text-align: left ; vertical-align: middle; vertical-align: top ; ">7790167</td> </tr> <tr> <td style="text-align: left ; vertical-align: middle; vertical-align: top ; ">Online Registration Link:</td> <td style="text-align: left ; vertical-align: middle; vertical-align: top ; "><a href="http://apac.directeventreg.com/registration/event/7790167" rel="nofollow" target="_blank" rel="nofollow">http://apac.directeventreg.com/registration/event/7790167</a> </td> </tr> </table> <p align="justify">Upon registration, each participant will receive a set of dial-in numbers by location, a Direct Event passcode, a unique Registrant ID, and further detailed instructions, which will be used to join the conference call.<br /></p> <p align="justify">Additionally, a live and archived webcast of the conference call will be available on the Company&#39;s investor relations website at <a href="https://www.globenewswire.com/Tracker?data=d1yPRbTmNn1OVVsZrrG5REKQjTPHjxiDRLLkO9KFV6QV1HicRc2fYFE3UFXhJ8u-hWfJZFmKvyd4oqa-Sd9QyQ==" rel="nofollow" target="_blank" rel="nofollow">http://ir.lizhi.fm</a>.</p> <p align="justify">A replay of the conference call will be accessible approximately two hours after the conclusion of the call until December 6, 2021, by dialing the following telephone numbers:</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="max-width:30%; width:30%; min-width:30%;;vertical-align: middle; text-align: left; padding-left: 25.0px; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">United States:</td> <td style="max-width:70%; width:70%; min-width:70%;;text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">+1-855-452-5696</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 25.0px; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">International:</td> <td style="text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">+61-2-8199-0299</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 25.0px; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Hong Kong, China:</td> <td style="text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">800-963-117</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 25.0px; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Mainland, China:</td> <td style="text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">400-632-2162</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 25.0px; text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">Replay Access Code:</td> <td style="text-align: justify ; vertical-align: middle; vertical-align: bottom ; ">7790167</td> </tr> </table> <p><strong>About LIZHI INC.</strong></p> <p align="justify">LIZHI INC. has created a comprehensive audio-based social ecosystem with a global presence. The Company aims to cater to users&#039; interests in audio entertainment and social networking through its product portfolios. LIZHI INC. envisions an audio ecosystem where everyone can be connected and interact through voices. LIZHI INC. has been listed on Nasdaq since January 2020.</p> <p align="justify">For more information, please visit: <a href="http://ir.lizhi.fm" title="http://ir.lizhi.fm" rel="nofollow">http://ir.lizhi.fm</a>.</p> <p align="justify"><strong>Use of Non-GAAP Financial Measures</strong></p> <p align="justify">The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP").</p> <p align="justify">LIZHI uses non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating loss/income, non-GAAP net loss/income, non-GAAP net loss/income attributable to LIZHI INC.&#039;s ordinary shareholders and non-GAAP basic and diluted net loss/income per ADS, which are non-GAAP financial measures. Non-GAAP gross profit is gross profit excluding share-based compensation expenses. Non-GAAP gross margin is non-GAAP gross profit as a percentage of net revenues. Non-GAAP operating loss/income is operating loss/income excluding share-based compensation expenses. Non-GAAP net loss/income is net loss excluding share-based compensation expenses. Non-GAAP net loss/income attributable to LIZHI INC.&#039;s ordinary shareholders is net loss attributable to LIZHI INC.&#039;s ordinary shareholders excluding accretions to preferred shares redemption value and share-based compensation expenses. Non-GAAP basic and diluted net loss/income per ADS is non-GAAP net loss/income attributable to LIZHI INC.&#039;s ordinary shareholders divided by weighted average number of ADS used in the calculation of basic and diluted net loss per ADS. The Company believes that separate analysis and exclusion of the non-cash impact of above reconciling items adds clarity to the constituent parts of its performance. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses the non-GAAP financial measure for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measure is useful supplemental information for investors and analysts to assess its operating performance without the non-cash effect of accretions to preferred shares redemption value and share-based compensation expenses.</p> <p align="justify">However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company&#039;s net loss for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from, superior to, or as an alternative to the financial measure prepared in accordance with U.S. GAAP.</p> <p align="justify">The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. For more information on these non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of GAAP and Non-GAAP Results" near the end of this release. </p> <p align="justify"><strong>Statement Regarding Preliminary Unaudited Financial Information</strong></p> <p align="justify">The unaudited financial information set out in this earnings release is preliminary and subject to potential adjustments. Adjustments to the condensed consolidated financial statements may be identified when audit work has been performed for the Company&#039;s year-end audit, which could result in significant differences from the preliminary unaudited financial information contained in this earnings release.</p> <p align="justify"><strong>Exchange Rate Information</strong></p> <p align="justify">This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars and from U.S. dollars to RMB are made at a rate of RMB6.4434 to US$1.00, the exchange rate on September 30, 2021 set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or U.S. dollars amounts referred could be converted into U.S. dollars or RMB, as the case may be, at any particular rate or at all.<br /></p> <p align="justify"><strong>Safe Harbor Statement</strong></p> <p align="justify">This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company&#039;s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: LIZHI&#039;s goals and strategies; LIZHI&#039;s future business development, results of operations and financial condition; the expected growth of the online audio market; the expectation regarding the rate at which to gain active users, especially paying users; LIZHI&#039;s ability to monetize the user base; fluctuations in general economic and business conditions in China and overseas markets; the impact of the COVID-19 to LIZHI&#039;s business operations and the economy in China and elsewhere generally; any adverse changes in laws, regulations, rules, policies or guidelines applicable to LIZHI; and assumptions underlying or related to any of the foregoing. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company&#039;s filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.</p> <p align="justify"><strong>For investor and media inquiries, please contact:</strong></p> <p align="justify">In China:</p> <p>LIZHI INC.<br />IR Department<br />Tel: +86 (20) 3866-4265<br />E-mail: <a href="mailto:ir@lizhi.fm" rel="nofollow">ir@lizhi.fm</a></p> <p>The Piacente Group, Inc.<br />Jenny Cai<br />Tel: +86 (10) 6508-0677<br />E-mail: <a href="mailto:Lizhi@tpg-ir.com" rel="nofollow">Lizhi@tpg-ir.com</a></p> <p>In the United States:</p> <p>The Piacente Group, Inc. <br />Brandi Piacente<br />Tel: +1-212-481-2050<br />E-mail: <a href="mailto:Lizhi@tpg-ir.com" rel="nofollow">Lizhi@tpg-ir.com</a></p> <p align="center"><strong><br /></strong></p> <p align="center"><strong>LIZHI INC.</strong></p> <p align="center"><strong>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS</strong><br />(All amounts in thousands, except for share, ADS, per share data and per ADS data)</p> <p align="center"> </p> <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="max-width:59%; width:59%; min-width:59%;;vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:12%; width:12%; min-width:12%;;text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>December</strong><br /><strong>31,</strong><br /><strong>2020</strong></td> <td style="max-width:2%; width:2%; min-width:2%;;vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="max-width:12%; width:12%; min-width:12%;;text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> <td style="max-width:2%; width:2%; min-width:2%;;text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> </strong></td> <td style="max-width:12%; width:12%; min-width:12%;;text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">RMB</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">RMB</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">US$</td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>ASSETS</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Current assets</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Cash and cash equivalents</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">315,459</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">511,710</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">79,416</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Short-term investments</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">73,022</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">-</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">-</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Restricted cash</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">3,695</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4,233</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">657</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Accounts receivable, net</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">8,361</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7,393</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,147</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Prepayments and other current assets</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">19,371</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">35,911</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">5,573</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Total current assets</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> 419,908 </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 559,247 </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 86,793 </strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Non-current assets</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Property, equipment and leasehold improvement, net</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">34,518</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">30,771</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4,776</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Intangible assets, net</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">2,929</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,540</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">394</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Right-of-use assets, net</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">4,282</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">21,666</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3,363</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Other non-current assets</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">2,181</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">895</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">139</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Total non-current assets</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> 43,910 </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 55,872 </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 8,672 </strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> </tr> <tr> <td style="text-align: justify ; vertical-align: middle; vertical-align: bottom ; "><strong>TOTAL ASSETS</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> 463,818 </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 615,119 </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 95,465 </strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: top ; vertical-align: bottom ; "><strong> </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>LIABILITIES</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Current liabilities</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Accounts payable</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">78,267</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">71,209</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11,051</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Deferred revenue</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">17,001</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18,353</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,848</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Salary and welfare payable</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">93,288</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">114,121</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">17,711</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Taxes payable</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">5,809</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">6,204</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">963</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Short-term loans</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">39,508</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">57,597</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8,939</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Lease liabilities due within one year</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">3,709</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10,525</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,633</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Accrued expenses and other current liabilities</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">51,047</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">78,444</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">12,175</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Total current liabilities</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> 288,629 </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 356,453 </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 55,320 </strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>Non-current liabilities</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Lease liabilities</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">587</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11,925</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,851</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Other non-current liabilities</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">5,411</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4,741</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">736</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>Total non-current liabilities</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> 5,998 </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 16,666 </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 2,587 </strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>TOTAL LIABILITIES</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong> 294,627 </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 373,119 </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 57,907 </strong></td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong> </strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> </strong></td> </tr> </table> <p align="center"><strong>LIZHI INC.</strong></p> <p align="center"><strong>UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)</strong><br />(All amounts in thousands, except for share, ADS, per share data and per ADS data)</p> <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>December</strong><br /><strong>31,</strong><br /><strong>2020</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">RMB</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">RMB</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">US$</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>SHAREHOLDERS&#039; EQUITY</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="max-width:58%; width:58%; min-width:58%;;vertical-align: top ; vertical-align: bottom ; ">Ordinary shares (US$0.0001 par value, 1,500,000,000 and 1,500,000,000 shares authorized as of December 31, 2020 and September 30, 2021, respectively, 941,464,520 shares issued and 924,318,450 shares outstanding as of December 31, 2020 and 1,030,177,260 shares issued and 1,012,099,185 shares outstanding as of September 30, 2021, respectively).</td> <td style="max-width:2%; width:2%; min-width:2%;;vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:11%; width:11%; min-width:11%;;vertical-align: middle; text-align: left; padding-left: 10.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">640</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:2%; width:2%; min-width:2%;;vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="max-width:11%; width:11%; min-width:11%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">698</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:2%; width:2%; min-width:2%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:11%; width:11%; min-width:11%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">108</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; ">Treasury stock</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(12</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(13</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; ">Additional paid in capital</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,409,753</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,621,366</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">406,830</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; ">Accumulated deficit</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2,239,281</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2,375,446</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(368,663</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; ">Accumulated other comprehensive loss</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(1,909</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(4,605</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(715</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>TOTAL SHAREHOLDERS&#039; EQUITY</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>169,191 </strong></td> <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td rowspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 242,000 </strong></td> <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 37,558 </strong></td> <td style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>TOTAL LIABILITIES AND SHAREHOLDERS&#039; EQUITY</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>463,818 </strong></td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 615,119 </strong></td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 95,465 </strong></td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> </table> <p align="center"><strong>LIZHI INC.</strong></p> <p align="center"><strong>UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS</strong><br />(All amounts in thousands, except for share, ADS, per share data and per ADS data)</p> <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="11" style="text-align: center ; vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: top ; vertical-align: bottom ; "><strong>Three Months Ended</strong></td> <td style="text-align: center ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="8" style="text-align: center ; vertical-align: middle; border-bottom: solid black 1pt ; vertical-align: top ; vertical-align: bottom ; "><strong>Nine Months Ended</strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2020</strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>June</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2020</strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "><strong>September</strong><br /><strong>30,</strong><br /><strong>2021</strong></td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">RMB</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">RMB</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">RMB</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">US$</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; ">RMB</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">RMB</td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">US$</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Net revenues</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: middle; text-align: left; padding-left: 15.0px; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: top ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="max-width:29%; width:29%; min-width:29%;;vertical-align: top ; vertical-align: bottom ; ">Audio entertainment revenues</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;vertical-align: middle; text-align: left; padding-left: 15.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">355,810</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;vertical-align: middle; text-align: left; padding-left: 15.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">555,073</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;vertical-align: middle; text-align: left; padding-left: 15.0px; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">500,792</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">77,722</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:2%; width:2%; min-width:2%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,066,389</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,545,171</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:8%; width:8%; min-width:8%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">239,807</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; ">Podcast, advertising and other revenues</td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">5,650</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4,212</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4,052</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">629</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">16,266</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14,011</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,174</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: top ; vertical-align: bottom ; "><strong>Total net revenues</strong></td> <td style="vertical-align: middle; text-align: left; padding-left: 10.0px; text-align: center ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong>361,460 </strong></td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 559,285 </strong></td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: middle; text-align: left; padding-left: 15.0px; border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 504,844 </strong></td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 78,351 </strong></td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 1,082,655 </strong></td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "><strong> 1,559,182 </strong></td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: ...</tr></table><p><a href=https://www.benzinga.com/pressreleases/21/11/g24344080/lizhi-inc-reports-third-quarter-2021-unaudited-financial-results alt=LIZHI INC. Reports Third Quarter 2021 Unaudited Financial Results>Full story available on Benzinga.com</a></p> Earnings LIZI News Press Releases Mon, 29 Nov 2021 21:30:00 +0000 Globe Newswire 24344080 at https://www.benzinga.com Ayurcann Holdings Corp. Reports Third Consecutive Quarter of Positive Operating Income https://www.benzinga.com/markets/cannabis/21/11/24343394/ayurcann-holdings-corp-reports-third-consecutive-quarter-of-positive-operating-income <p><strong>Ayurcann Holdings Corp.</strong> (CSE: AYUR) (FSE: 3ZQ0) a Toronto-based cannabis extraction company specializing in processing and manufacturing cannabis products, reported its financial and operating results for the three months ended September 30, 2021, in a press release on Monday,&nbsp;Nov. 29.</p> <p><strong>Highlights For The First Quarter Ended September 30, 2021</strong></p> <ul> <li><strong><a href="https://www.benzinga.com/markets/cannabis/21/11/23796021/ayurcann-revenue-ten-fold-increase-in-2021-reaches-7-6m-net-loss-drops-33">Ayurcann</a></strong> reported <strong>net revenues</strong> of C$1.9 million for the three months ended September 30, 2021, compared to C$ 0.8 million for the same period in 2020, an increase of <strong>137% year-over-year</strong>.</li> <li>The Company reported <strong>gross margins</strong> of C$931,000 for the three months ended September 30, 2021 (compared to C$169,000 for the three months ended September 30, 2020)&nbsp;with gross margins of <strong>49%</strong>, maintaining strong control over sales and profitability.</li> </ul> <p>Ayurcann finished its build-out of the Phase-2 expansion of the ...</p><p><a href=https://www.benzinga.com/markets/cannabis/21/11/24343394/ayurcann-holdings-corp-reports-third-consecutive-quarter-of-positive-operating-income alt=Ayurcann Holdings Corp. Reports Third Consecutive Quarter of Positive Operating Income>Full story available on Benzinga.com</a></p> Ayurcann Holdings Corp. Cannabis Earnings Igal Sudman News Markets News Earnings Cannabis Markets Benzinga Mon, 29 Nov 2021 21:23:40 +0000 Nicolas Jose Rodriguez 24343394 at https://www.benzinga.com Jewett-Cameron Announces Fiscal 2021 Financial Results https://www.benzinga.com/pressreleases/21/11/n24343806/jewett-cameron-announces-fiscal-2021-financial-results <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NORTH PLAINS, Ore.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Nov. 29, 2021</span> /PRNewswire/ -- Jewett-Cameron Trading Company Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JCTCF#NASDAQ" rel="nofollow">JCTCF</a>) today reported financial results for its fourth quarter and fiscal year ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">August 31, 2021</span>.</p> <p xmlns="http://www.w3.org/1999/xhtml">For the fiscal year ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">August 31, 2021</span>, Jewett-Cameron had sales of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$57.5 million</span> and net income of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$3,454,953</span>, or <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.99</span> per share, compared to sales of $44.9 million and net income of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$2,784,525</span>, or <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.77</span> per share, for fiscal 2020.</p> <p xmlns="http://www.w3.org/1999/xhtml">Sales for the fourth quarter of fiscal 2021 totaled <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$15.1 million</span> compared to sales of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$14.0 million</span> in Q4 2020. Net income was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$605,114</span>, or <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.18</span> per share, compared to net income of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$1,568,436</span>, or <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.43</span> per share, in the fourth quarter of fiscal 2020. </p> <p xmlns="http://www.w3.org/1999/xhtml">&#34;The continuing successful implementation of our corporate strategy is reflected in the higher sales and net income for fiscal 2021&#34;, said CEO and Chairman <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Charlie Hopewell</span>. &#34;Our fourth quarter, however, was adversely affected by the ongoing disorder in the worldwide supply chain. This caused some shortages of some of our most popular products and a higher level of backorders, which had a negative effect on our operations and margins. Although we have taken steps to diversify our shipping arrangements and add to our logistics partners, we anticipate these logistical challenges to continue into fiscal 2022.&#34; </p> <p xmlns="http://www.w3.org/1999/xhtml">As of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">August 31, 2021</span>, the Company&#39;s cash position was approximately <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$1.8 million</span>. Due to the continuing uncertainty caused by the worldwide shipping and logistical issues, the Company has recently increased its line of credit to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$10 million</span>, of which <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$5 million</span> is available. The Board of Directors is discussing potential alternative sources of capital, which could include a future public offering of common shares. The proceeds from such an offering could be utilized both for short-term capital needs and to complement the Company&#39;s future growth plans.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">About Jewett-Cameron Trading Company Ltd.</b></p> <p xmlns="http://www.w3.org/1999/xhtml">Jewett-Cameron Trading Company is a holding company that, through its subsidiaries, operates out of facilities located in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">North Plains, Oregon</span>. Jewett-Cameron Company&#39;s business consists of the manufacturing and distribution of patented and patent pending specialty metal products, wholesale distribution of wood products, and seed processing and sales. The Company&#39;s brands include Lucky Dog, Animal House and AKC licensed products in the expanding pet market; fencing products under the Adjust-A-Gates, Fit-Right, Perimeter Patrol, and INFINITY Euro fence systems brands; and Early Start, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Spring Gardner</span> and Weatherguard for greenhouses.. Additional information about the Company and its products can be found the Company&#39;s website at <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3373091-1&amp;h=311538760&amp;u=http%3A%2F%2Fwww.jewettcameron.com%2F&amp;a=www.jewettcameron.com" rel="nofollow" rel="nofollow">www.jewettcameron.com</a>.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Forward-looking Statements</b></p> <p xmlns="http://www.w3.org/1999/xhtml">The information in this release contains certain forward-looking statements that anticipate future trends and events.  These statements are based on certain assumptions that may prove to be erroneous and are subject to certain risks, including but not limited to, the uncertainties of the Company&#39;s new product introductions, the risks of increased competition and technological change in the Company&#39;s industry, and other factors detailed in the Company&#39;s SEC filings.  Accordingly, actual results may differ, possibly materially, from predictions contained herein.</p> <p xmlns="http://www.w3.org/1999/xhtml"> </p> <div xmlns="http://www.w3.org/1999/xhtml"> <table xmlns="http://www.w3.org/1999/xhtml" cellspacing="0" cellpadding="0" border="0" class="prnbcc"> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="6" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES</b></span></p> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">CONSOLIDATED BALANCE SHEETS</span></p> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">(Expressed in U.S. Dollars)</span></p> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">AS OF AUGUST 31</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="6" nowrap="nowrap" class="prnsbtb0 prnrbrb0 prnvab prnsbtb0 prntar prnpl6 prnsblb0 prnpr6"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prnsbtd prnsbr1 prnvab prnsbb1 prntar prnpl6 prnsbl1 prnpr6"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">2021</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen6"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">2020</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">ASSETS</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Current assets</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Cash and cash equivalents</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">1,184,313</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">3,801,037</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Accounts receivable, net of allowance  <br xmlns="http://www.w3.org/1999/xhtml" /></span><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">     of $Nil (August 31, 2020 - $Nil)</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">7,086,503</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">6,274,426</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Inventory, net of allowance<br xmlns="http://www.w3.org/1999/xhtml" /></span><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">      of $250,000 (August 31, 2020 - $65,000)</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">14,391,365</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">9,198,146</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Prepaid expenses</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">2,305,820</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">1,036,128</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Prepaid income taxes</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">252,958</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">-</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Total current assets</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">25,220,959</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">20,309,737</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Property, plant and equipment, net</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">3,886,543</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">2,967,565</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Intangible assets, net</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">30,897</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">659</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen11"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Total assets</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen12"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen12"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">29,138,399</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen12"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen12"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen12"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">23,277,961</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">LIABILITIES AND STOCKHOLDERS&#39; EQUITY</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Current liabilities</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Accounts payable</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">1,349,677</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">1,095,061</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Bank indebtedness</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">3,000,000</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">-</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Current portion of notes payable</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">-</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">342,326</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Income taxes payable</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">-</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">40,596</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Accrued liabilities</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">1,798,088</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen9"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">2,016,300</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnmr8"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">  Total current liabilities</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">6,147,765</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">3,494,283</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" ...</tr></table></div><p><a href=https://www.benzinga.com/pressreleases/21/11/n24343806/jewett-cameron-announces-fiscal-2021-financial-results alt=Jewett-Cameron Announces Fiscal 2021 Financial Results>Full story available on Benzinga.com</a></p> Earnings JCTCF Press Releases Mon, 29 Nov 2021 21:20:00 +0000 PRNewswire 24343806 at https://www.benzinga.com Kainantu Resources Filing of Q3 2021 Results https://www.benzinga.com/pressreleases/21/11/n24343650/kainantu-resources-filing-of-q3-2021-results <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">VANCOUVER, BC</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Nov. 29, 2021</span> /CNW/ - Kainantu Resources Ltd. (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/KRL#TSXV" rel="nofollow">KRL</a>) (FSE: 6J0) (&#34;KRL&#34; or the &#34;Company&#34;), the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Asia-Pacific</span> focused gold mining company, is pleased to report the filing of its third interim results for the period ending <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span>, a copy of which is available for review on the Company&#39;s <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3372957-1&amp;h=2953682476&amp;u=https%3A%2F%2Fkainanturesources.com%2F&amp;a=website" rel="nofollow" rel="nofollow">website</a>.  </p> <p xmlns="http://www.w3.org/1999/xhtml">Key aspects to report over the period include:</p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml"><u xmlns="http://www.w3.org/1999/xhtml">KRL South:</u> continued progress during Q3:<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" />    </li> <ul xmlns="http://www.w3.org/1999/xhtml" type="circle"> <li xmlns="http://www.w3.org/1999/xhtml">At the East Avaninofi Prospect:  </li> <ul xmlns="http://www.w3.org/1999/xhtml" type="square"> <li xmlns="http://www.w3.org/1999/xhtml">strong correlations of Au with Ag, Cu, Mo, and As; plus samples revealing elevated values of Bi, Te, and W (similar to the geochemistry of the nearby Bilimoia Mineral Field, renowned for its high-grade gold-copper intrusive style mineralization); </li> <li xmlns="http://www.w3.org/1999/xhtml">high levels of Fe and S, as key indicators of high-grade Au potential; and </li> <li xmlns="http://www.w3.org/1999/xhtml">increasing in intensity towards the N of the prospect, a NE trending Cu mineralization-controlling structure of at least <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">10m</span> in width delineated<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" /></li> </ul> <li xmlns="http://www.w3.org/1999/xhtml">At the Yaora Ridge Prospect activities returned an Au sample of 4.37 g/t Au from surface, while further work has shown: </li> <ul xmlns="http://www.w3.org/1999/xhtml" type="square"> <li xmlns="http://www.w3.org/1999/xhtml">strongly anomalous Cu and associated pathfinder elements; and </li> <li xmlns="http://www.w3.org/1999/xhtml">lithologies, alteration and mineralization similar to the East Avaninofi Prospect; with the two prospects appearing to be linked;<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" /></li> </ul> <li xmlns="http://www.w3.org/1999/xhtml">Plans for delineation of drill targets in early 2022 remain on track; with excavation/contour benching at the East Avaninofi Prospect and Yaoro Ridge Prospect underway; and<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" /></li> </ul> <li xmlns="http://www.w3.org/1999/xhtml"><u xmlns="http://www.w3.org/1999/xhtml">KRL North:</u> analysis of initial mapping and sampling revealed:<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" /></li> <ul xmlns="http://www.w3.org/1999/xhtml" type="circle"> <li xmlns="http://www.w3.org/1999/xhtml">the strong likelihood of enhanced permeability extending from the mineral rich Bilimora Field (where successful high-grade miners already operate) into KRL North; and </li> <li xmlns="http://www.w3.org/1999/xhtml">an interpreted ring feature circa 1.5km in diameter situated on the triple junction of KRL North&#39;s EL2558 and El2665 tenements; and K92 Mining&#39;s tenement (see figure 1 below inclusive of interpreted ring features at KRL North).</li> </ul> </ul> <p xmlns="http://www.w3.org/1999/xhtml"></p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder8433"> <p xmlns="http://www.w3.org/1999/xhtml"><a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1698211/Kainantu_1.html" target="_blank" rel="nofollow" rel="nofollow"><img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1698211/Kainantu_1.jpg" title="Figure 1: KRL North – Interpreted Ring feature and regional setting (CNW Group/Kainantu Resources Ltd.)" alt="Figure 1: KRL North – Interpreted Ring feature and regional setting (CNW Group/Kainantu Resources Ltd.)" /></a></p> </div> <p xmlns="http://www.w3.org/1999/xhtml"></p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml"><u xmlns="http://www.w3.org/1999/xhtml">KRL North and KRL South:</u> an airborne geophysics survey programme is in the advanced planning stage to leverage off the positive results obtained from the successful exploration activities during 2021.<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" /></li> <li xmlns="http://www.w3.org/1999/xhtml"><u xmlns="http://www.w3.org/1999/xhtml">May River Project:</u> ongoing activities continue to further integrate the highly prospective Cu-Au project into KRL in coming months:<br xmlns="http://www.w3.org/1999/xhtml" /><br xmlns="http://www.w3.org/1999/xhtml" /></li> <ul xmlns="http://www.w3.org/1999/xhtml" type="circle"> <li xmlns="http://www.w3.org/1999/xhtml">KRL has given notice to Hardrock Limited to exercise its option to be granted 10% of that entity; </li> <li xmlns="http://www.w3.org/1999/xhtml">the KRL Field Study has been completed (and is subject to a final peer review), validating the basis for investment.  Initial samples from the Field Study include: up to 2.07ppm (2.07gt) Au, ...</li></ul></ul><p><a href=https://www.benzinga.com/pressreleases/21/11/n24343650/kainantu-resources-filing-of-q3-2021-results alt=Kainantu Resources Filing of Q3 2021 Results>Full story available on Benzinga.com</a></p> Earnings TSXV:KRL Press Releases Mon, 29 Nov 2021 21:15:00 +0000 PRNewswire 24343650 at https://www.benzinga.com Golub Capital BDC, Inc. Announces Fiscal Year 2021 Fourth Quarter Financial Results and Declares Fiscal Year 2022 First Quarter Distribution of $0.30 Per Share https://www.benzinga.com/pressreleases/21/11/n24343645/golub-capital-bdc-inc-announces-fiscal-year-2021-fourth-quarter-financial-results-and-declares-fis <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">NEW YORK</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Nov. 29, 2021</span> /PRNewswire/ -- Golub Capital BDC, Inc., a business development company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GBDC#NASDAQ" rel="nofollow">GBDC</a>), today announced its financial results for its fourth fiscal quarter ended September 30, 2021.</p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Except where the context suggests otherwise, the terms &#34;we,&#34; &#34;us,&#34; &#34;our,&#34; and &#34;Company&#34; refer to Golub Capital BDC, Inc. and its consolidated subsidiaries. &#34;GC Advisors&#34; refers to GC Advisors LLC, our investment adviser.</i></b></p> <div xmlns="http://www.w3.org/1999/xhtml"> <table xmlns="http://www.w3.org/1999/xhtml" cellspacing="0" cellpadding="0" border="1" class="prntblns"> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">SELECTED FINANCIAL HIGHLIGHTS</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">(in thousands, expect per share data)</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">September 30, 2021</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen6"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">June 30, 2021</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Investment portfolio, at fair value</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">4,894,886</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">4,439,547</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Total assets</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">5,164,915</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">4,698,609</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Net asset value per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">15.19</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">15.06</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="7" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Quarter Ended</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen6"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">September 30, 2021</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen8"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen9"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">June 30, 2021</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Net investment income per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.27</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.25</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Amortization of purchase premium per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.03</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.04</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Adjusted net investment income per share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.30</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.29</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Net realized/unrealized gain/(loss) per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.15</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.24</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Reversal of realized / unrealized loss resulting from the amortization of the purchase <br xmlns="http://www.w3.org/1999/xhtml" />premium per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen11"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">(0.03)</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen11"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">(0.04)</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen10"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Adjusted net realized/unrealized gain/(loss) per share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.12</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.20</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Earnings/(loss) per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.42</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.49</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Adjusted earnings/(loss) per share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.42</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.49</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen7"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Net asset value per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">15.19</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">15.06</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Distributions paid per share</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.29</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">0.29</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> </table> </div> <div xmlns="http://www.w3.org/1999/xhtml"> <table xmlns="http://www.w3.org/1999/xhtml" id="convertedTableebc0" cellspacing="0" cellpadding="0" border="0" class="prngen2"> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" class="prnsbtb0 prnrbrb0 prnvat prnsbtb0 prntar prnpl6 prnsblb0 prnpr6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><sup xmlns="http://www.w3.org/1999/xhtml">1 </sup></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" class="prnsbtb0 prnrbrb0 prnvab prnsbtb0 prnpl6 prnsblb0 prnpr6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">On September 16, 2019, the Company completed its acquisition of Golub Capital Investment Corporation (&#34;GCIC&#34;). The merger was accounted for under the asset acquisition method of accounting in accordance with Accounting Standards Codification 805-50, Business Combinations — Related Issues. Under asset acquisition accounting, where the consideration paid to GCIC&#39;s stockholders exceeded the relative fair values of the assets acquired, the premium paid by the Company was allocated to the cost of the GCIC assets acquired by the Company pro-rata based on their relative fair value. Immediately following the acquisition of GCIC, the Company recorded its assets at their respective fair values and, as a result, the purchase premium allocated to the cost basis of the GCIC assets acquired was immediately recognized as unrealized depreciation on the Company&#39;s Consolidated Statement of Operations. The purchase premium allocated to investments in loan securities acquired from GCIC will amortize over the life of the loans through interest income with a corresponding reversal of the unrealized depreciation on such loans acquired through their ultimate disposition. The purchase premium allocated to investments in equity securities will not amortize over the life of the equity securities through interest income and, assuming no subsequent change to the fair value of the GCIC equity securities acquired and disposition of such equity securities at fair value, the Company will recognize a realized loss with a corresponding reversal of the unrealized depreciation upon disposition of the GCIC equity securities acquired.</span></p> </td> </tr> </table> </div> <p xmlns="http://www.w3.org/1999/xhtml">As a supplement to U.S. generally accepted accounting principles (&#34;GAAP&#34;) financial measures, the Company is providing the following non-GAAP financial measures that it believes are useful for the reasons described below:</p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">&#34;Adjusted Net Investment Income&#34; </b>and<b xmlns="http://www.w3.org/1999/xhtml"> &#34;Adjusted Net Investment Income Per Share&#34; </b>– excludes the amortization of the purchase premium and the accrual for the capital gain incentive fee required under GAAP (including the portion of such accrual that is not payable under the Company&#39;s investment advisory agreement) from net investment income calculated in accordance with GAAP. </li> <li xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">&#34;Adjusted Net Realized and Unrealized Gain/(Loss)&#34; </b>and<b xmlns="http://www.w3.org/1999/xhtml"> &#34;Adjusted Net Realized and Unrealized Gain/(Loss) Per Share&#34; </b>– excludes the unrealized loss resulting from the purchase premium write-down and the corresponding reversal of the unrealized loss from the amortization of the premium from the determination of realized and unrealized gain/(loss) in accordance with GAAP. </li> <li xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">&#34;Adjusted Net Income/(Loss)&#34; </b>and<b xmlns="http://www.w3.org/1999/xhtml"> &#34;Adjusted Earnings/(Loss) Per Share&#34; </b>– calculates net income and earnings per share based on Adjusted Net Investment Income and Adjusted Net Realized and Unrealized Gain/(Loss). &#34;Adjusted earnings per share&#34; also excludes the impact of the retroactive adjustment to the weighted average shares calculation due to the bonus element of the rights offering and the resulting impact on earnings per share. </li> </ul> <p xmlns="http://www.w3.org/1999/xhtml">The Company believes that excluding the financial impact of the purchase premium write down in the above non-GAAP financial measures is useful for investors as it is a non-cash expense/loss resulting from the acquisition of GCIC and is one method the Company uses to measure its financial condition and results of operations. In addition, the Company believes excluding the accrual of the capital gain incentive fee in the above non-GAAP financial measures is useful as it includes the portion of such accrual that is not contractually payable under the terms of the Company&#39;s investment advisory agreement with GC Advisors.  Finally, the Company believes excluding the impact of the retroactive adjustment to the weighted average shares calculation due to the bonus element of the rights offering and the resulting impact on per share data is useful for investors as it presents per share financial data that is consistent with what was previously reported. </p> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Fourth Fiscal Quarter 2021 Highlights</b></p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">Net investment income per share for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.27</span> as compared to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.25</span> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2021</span>. Excluding <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.03</span> per share in purchase premium amortization from the GCIC acquisition, Adjusted Net Investment Income Per Share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.30</span>. This compares to Adjusted Net Investment Income Per Share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.29</span> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2021</span> when excluding <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.04</span> per share in purchase premium amortization from the GCIC acquisition. </li> <li xmlns="http://www.w3.org/1999/xhtml">Net realized and unrealized gain per share for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.15</span>. Adjusted Net Realized and Unrealized Gain Per Share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.12</span> when excluding the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.03</span> per share reversal of net realized loss and unrealized depreciation resulting from the amortization of the purchase premium. The Adjusted Net Realized and Unrealized Gain Per Share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> primarily resulted from a continued reversal in unrealized depreciation in the fair value of some of our portfolio company investments that was recognized during the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">March 31, 2020</span>, primarily due to the adverse economic effects of the COVID-19 pandemic. The partial reversal in unrealized depreciation for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> was primarily attributable to portfolio companies that generally continued to perform well. Strong performance across the portfolio was reflected in our internal performance ratings that have largely returned to pre-COVID levels. For additional analysis, please refer to the Quarter Ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">09.30.21</span> Investor Presentation available on the Investor Resources link on the homepage of the Company&#39;s website (<a xmlns="http://www.w3.org/1999/xhtml" href="http://www.golubcapitalbdc.com" rel="nofollow" rel="nofollow">www.golubcapitalbdc.com</a>) under Events/Presentations. The Investor Presentation was also filed with the Securities and Exchange Commission as an Exhibit to a Form 8-K. These results compare to net realized and unrealized gain per share of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.24</span> during the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2021</span>. Adjusted Net Realized and Unrealized Gain Per Share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2021</span> was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.20</span> when excluding the <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.04</span> per share reversal of net realized loss and unrealized loss resulting from the amortization of the purchase premium. </li> <li xmlns="http://www.w3.org/1999/xhtml">Earnings per share for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.42</span> as compared to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.49</span> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2021</span>. Adjusted Earnings Per Share<sup xmlns="http://www.w3.org/1999/xhtml">1</sup> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> was <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.42</span> as compared to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.49</span> for the quarter ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2021</span>. </li> <li xmlns="http://www.w3.org/1999/xhtml">Net asset value per share increased to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$15.19</span> at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span> from <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$15.06</span> at <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">June 30, 2021</span>. </li> <li xmlns="http://www.w3.org/1999/xhtml">On <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 29, 2021</span>, we paid a quarterly distribution of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.29</span> per share and on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">November 19, 2021</span>, our board of directors declared a quarterly distribution of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$0.30</span> per share, which is payable on <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">December 30, 2021</span> to stockholders of record as of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">December 10, 2021</span>.</li> </ul> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml">Portfolio and Investment Activities</b></p> <p xmlns="http://www.w3.org/1999/xhtml">As of September 30, 2021, the Company had investments in 296 portfolio companies with a total fair value of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$4,894.9 million</span>.  This compares to the Company&#39;s portfolio as of June 30, 2021, as of which date the Company had investments in 275 portfolio companies with a total fair value of <span xmlns="http://www.w3.org/1999/xhtml" class="xn-money">$4,439.5 million</span>. Investments in portfolio companies as of September 30, 2021 and June 30, 2021 consisted of the following:</p> <div xmlns="http://www.w3.org/1999/xhtml"> <table xmlns="http://www.w3.org/1999/xhtml" cellspacing="0" cellpadding="0" border="1" class="prntblns"> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="6" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">As of September 30, 2021</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="6" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">As of June 30, 2021</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen15"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Investments</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen16"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen16"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Percentage of</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen15"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Investments</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen16"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen16"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Percentage of</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen15"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">at Fair Value</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen15"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Total</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen15"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">at Fair Value</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen15"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Total</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen17"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Investment Type</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">(In thousands)</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Investments</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">(In thousands)</b></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen15"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen5"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml">Investments</b></span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Senior secured</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen18"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">784,805</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen18"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">16.0</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen19"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">%</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen18"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">687,622</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen18"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">15.5</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen19"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">%</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">One stop</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">3,882,314</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">79.3</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">3,563,521</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">80.3</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Junior debt<sup xmlns="http://www.w3.org/1999/xhtml">&#x2A;</sup></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">42,029</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen14"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" ...</p></td></tr></table></div><p><a href=https://www.benzinga.com/pressreleases/21/11/n24343645/golub-capital-bdc-inc-announces-fiscal-year-2021-fourth-quarter-financial-results-and-declares-fis alt=Golub Capital BDC, Inc. Announces Fiscal Year 2021 Fourth Quarter Financial Results and Declares Fiscal Year 2022 First Quarter Distribution of $0.30 Per Share>Full story available on Benzinga.com</a></p> Banking/Financial Services Earnings GBDC Press Releases Mon, 29 Nov 2021 21:15:00 +0000 PRNewswire 24343645 at https://www.benzinga.com StoneX Group Inc. Reports Fiscal 2021 Fourth Quarter Financial Results https://www.benzinga.com/pressreleases/21/11/g24343632/stonex-group-inc-reports-fiscal-2021-fourth-quarter-financial-results <link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="center"><strong><em>Quarterly Operating Revenues of $390.1 million, up 14%</em></strong></p> <p align="center"><strong><em>Quarterly Net Income of $7.3 million, ROE of 3.2%  </em></strong></p> <p align="center"><strong><em>Annual Net Income of $116.3 million, ROE of 13.9% </em></strong></p> <p>NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) -- StoneX Group Inc. ((the "Company", NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNEX#NASDAQ" rel="nofollow">SNEX</a>), a diversified global brokerage and financial services firm providing execution, risk management and advisory services, market intelligence and clearing services across multiple asset classes and markets around the world, today announced its financial results for the fiscal year 2021 fourth quarter ended September 30, 2021.</p> <p>Sean M. O&#039;Connor, CEO of StoneX Group Inc., stated, "Although our fourth quarter earnings were below our long-term target, we were pleased to see that for the fiscal year we achieved record operating revenues and a 13.9% ROE. Last year included the significant non-recurring gain on our acquisition of Gain Capital Holdings, Inc. ("Gain"), adjusting for that we saw that our core operating performance exceeded fiscal 2020, with adjusted net income up 24% and an adjusted ROE of 14.9%.&#34;</p> <p><strong>StoneX Group Inc. Summary Financials </strong></p> <p>Consolidated financial statements for the Company will be included in our Annual Report on Form 10-K to be filed with the Securities and Exchange Commission ("SEC"). The Annual Report on Form 10-K will also be made available on the Company&#039;s website at <a href="http://www.stonex.com" title="www.stonex.com" rel="nofollow">www.stonex.com</a>.</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: bottom ; "> </td> <td colspan="11" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Three Months Ended September 30,</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="11" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Year Ended September 30,</strong></td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>(Unaudited) (in millions, except share and per share amounts)</strong></td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong> %</strong><br /><strong> Change</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong> %</strong><br /><strong> Change</strong></td> </tr> <tr> <td style="vertical-align: top ; ">Revenues:</td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="max-width:41%; width:41%; min-width:41%;;vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Sales of physical commodities</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11,487.9</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">13,959.8</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(18</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">40,961.6</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">52,899.2</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(23</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Principal gains, net</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">191.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">180.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">892.0</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">622.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">43</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Commission and clearing fees</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">114.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">103.7</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">487.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">403.6</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">21</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Consulting, management, and account fees</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">23.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">20.4</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">16</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">91.0</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">83.7</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Interest income</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">30.0</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">20.8</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">44</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">102.4</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">130.9</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(22</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: top ; ">Total revenues</td> <td colspan="2" style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11,846.8</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14,284.9</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(17</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">42,534.2</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">54,139.6</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(21</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: top ; ">Cost of sales of physical commodities</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11,456.7</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">13,942.8</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(18</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">40,861.1</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">52,831.3</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(23</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Operating revenues</td> <td colspan="2" style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">390.1</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">342.1</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,673.1</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,308.3</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">28</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Transaction-based clearing expenses</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">64.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">57.1</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">13</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">271.7</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">222.5</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">22</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Introducing broker commissions</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">39.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">34.0</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">17</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">160.5</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">113.8</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">41</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Interest expense</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10.0</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">41</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">49.6</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">80.4</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(38</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Interest expense on corporate funding</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10.2</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14.8</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(31</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">41.3</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">23.6</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">75</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Net operating revenues</td> <td colspan="2" style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">261.7</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">226.2</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">16</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,150.0</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">868.0</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">32</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Compensation and other expenses:</td> <td colspan="3" style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Variable compensation and benefits</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">85.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">81.1</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">5</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">377.7</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">296.8</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">27</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Fixed compensation and benefits</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">78.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">64.4</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">21</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">301.4</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">221.9</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">36</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Trading systems and market information</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">15.9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">12.9</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">23</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">58.8</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">46.3</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">27</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Professional fees</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">13.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">13.4</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">40.9</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">30.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">35</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Non-trading technology and support</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">13.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9.6</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">38</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">46.0</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">28.4</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">62</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Occupancy and equipment rental</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">34.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">23.5</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">46</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Selling and marketing</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9.9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">6.1</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">62</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">33.3</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">12.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">173</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Travel and business development</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">0.5</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">240</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4.5</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8.9</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(49</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Communications</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">5</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9.3</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7.0</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">33</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Depreciation and amortization</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9.8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7.2</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">36</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">36.5</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">19.7</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">85</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Bad debts, net of recoveries and impairment</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">6.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">12.5</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(46</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10.4</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18.7</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(44</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Other</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">12.4</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10.0</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">24</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">46.3</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">29.6</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">56</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Total compensation and other expenses</td> <td colspan="2" style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">256.6</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">228.1</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">12</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">999.3</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">743.2</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">34</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Gain on acquisitions and other gains (losses)</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(0.2</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">81.8</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">n/m</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3.4</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">81.9</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(96</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Income before tax</td> <td colspan="2" style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4.9</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">79.9</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(94</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">154.1</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">206.7</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(25</td> <td style="border-top: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Income tax (benefit) expense</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2.4</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2.5</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(196</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">37.8</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">37.1</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Net income</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7.3</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">77.4</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(91</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">116.3</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">169.6</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(31</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Earnings per share:</td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Basic</td> <td style="border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">0.37</td> <td style="border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4.00</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(91</td> <td style="border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">5.90</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8.78</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(33</td> <td style="border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Diluted</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">0.36</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3.90</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(91</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">5.74</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8.61</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(33</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Weighted-average number of common shares outstanding:</td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Basic</td> <td colspan="2" style="border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">19,214,912</td> <td style="border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18,867,530</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">19,130,643</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18,824,328</td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 30.0px; vertical-align: bottom ; ">Diluted</td> <td colspan="2" style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">19,759,984</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">19,358,907</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">19,678,168</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">19,180,479</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3</td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: double black 3pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; "><em>n/m = not meaningful to present as a percentage</em></td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> </tr> </table> <p>        </p> <p>The following table presents our consolidated operating revenues by segment for the periods indicated.</p> <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: bottom ; "> </td> <td colspan="11" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Three Months Ended September 30,</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="11" style="text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Year Ended September 30,</strong></td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>(in millions)</strong></td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong> % Change</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>% Change</strong></td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>Segment operating revenues represented by:</strong></td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="max-width:41%; width:41%; min-width:41%;;vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Commercial</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">132.7</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">107.8</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">23</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">534.8</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">431.5</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">24</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Institutional</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">138.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">136.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">668.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">624.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Retail</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">86.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">68.5</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">26</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">348.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">140.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">149</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Global Payments</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">34.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">29.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">137.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">117.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">17</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Corporate Unallocated</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(88</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Eliminations</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(4.7</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2.7</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">74</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(17.1</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(19.3</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(11</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Operating revenues</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">390.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">342.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,673.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,308.3</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">28</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> </table> <p>The following table presents our consolidated income by segment for the periods indicated.</p> <table align="center" style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: bottom ; "> </td> <td colspan="11" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Three Months Ended September 30,</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="11" style="text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Year Ended September 30,</strong></td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>(in millions)</strong></td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong> % Change</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>% Change</strong></td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>Segment income represented by:</strong></td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="max-width:41%; width:41%; min-width:41%;;vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Commercial</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">44.1</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">34.3</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">29</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">192.2</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">141.9</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">35</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Institutional</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">24.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">22.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">167.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">152.9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Retail</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11.9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(34</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">67.8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">31.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">114</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Global Payments</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18.4</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">16.6</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">78.5</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">68.6</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Total segment income</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">98.8</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">91.3</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">506.2</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">395.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">28</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td colspan="12" style="vertical-align: bottom ; ">Reconciliation of segment income to income before tax:</td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: bottom ; ">Segment income</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">98.8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">91.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">506.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">395.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">28</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Net costs not allocated to operating segments</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(93.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(93.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(355.5</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(270.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">32</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Gain on acquisitions and other gains (losses)</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(0.2</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">81.8</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">n/m</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3.4</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">81.9</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(96</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-bottom: solid black 1pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; ">Income before tax</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4.9</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">79.9</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(94</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">154.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">206.7</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(25</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> </table> <p><strong><u>Key Operating Metrics</u></strong></p> <p>The tables below present a disaggregation of consolidated operating revenues and select operating data and metrics used by management in evaluating our performance, for the periods indicated.</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: bottom ; "><em>All $ amounts are U.S. dollar or U.S. dollar equivalents</em></td> <td colspan="10" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Three Months Ended September 30,</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="10" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>Year Ended September 30,</strong></td> </tr> <tr> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>% Change</strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2021</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>2020</strong></td> <td style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; border-bottom: solid black 1pt ; text-align: center ; vertical-align: middle; vertical-align: bottom ; "><strong>% Change</strong></td> </tr> <tr> <td style="vertical-align: bottom ; "><strong>Operating Revenues (in millions):</strong></td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: solid black 1pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td style="max-width:41%; width:41%; min-width:41%;;vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Listed derivatives</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">89.7</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">82.6</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9</td> <td style="max-width:2%; width:2%; min-width:2%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">387.6</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; ">$</td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">328.5</td> <td style="max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="max-width:1%; width:1%; min-width:1%;;vertical-align: bottom ; "> </td> <td style="max-width:7%; width:7%; min-width:7%;;padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">18</td> <td style="max-width:2%; width:2%; min-width:2%;;padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">OTC derivatives</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">34.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">22.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">52</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">143.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">111.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">29</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Securities</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">112.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">100.8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">533.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">458.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">16</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">FX / Contract For Difference ("CFD") contracts</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">55.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">48.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">15</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">242.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">66.9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">262</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Global payments</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">33.3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">28.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">17</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">133.8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">114.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">17</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Physical contracts</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">42.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">39.2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">152.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">122.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">25</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Interest / fees earned on client balances</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7.9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4.8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">65</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">26.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">42.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(39</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Other</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">16.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">13</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">69.5</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">68.4</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Corporate Unallocated</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3.0</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3.1</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(3</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1.7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14.6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(88</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Eliminations</td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(4.7</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2.7</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">74</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(17.1</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(19.3</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)</td> <td style="vertical-align: bottom ; "> </td> <td style="border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(11</td> <td style="border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> </tr> <tr> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">390.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">342.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">14</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,673.1</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; vertical-align: bottom ; ">$</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,308.3</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">28</td> <td style="border-top: solid black 1pt ; border-bottom: double 15px 3pt ; padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="border-top: double black 3pt ; vertical-align: bottom ; "> </td> </tr> <tr> <td colspan="11" style="vertical-align: bottom ; "><strong>Volumes and Other Select Data (all $ amounts are U.S. dollar or U.S. dollar equivalents): </strong></td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="3" style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="vertical-align: bottom ; "> </td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Listed derivatives (contracts, 000&#039;s)</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">36,004</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">35,353</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">146,101</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">154,652</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(6</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Listed derivatives, average rate per contract <sup>(1)</sup></td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2.41</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2.24</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2.55</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1.98</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">29</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Average client equity - listed derivatives (millions)</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">4,164</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3,331</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">25</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3,842</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,765</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">39</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Over-the-counter ("OTC") derivatives (contracts, 000&#039;s)</td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">667</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">475</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">40</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,557</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td colspan="2" style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,113</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">21</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">OTC derivatives, average rate per contract</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">51.25</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">47.34</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">55.70</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">52.19</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">7</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Securities average daily volume ("ADV") (millions)</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">3,040</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,681</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">81</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">2,776</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,729</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">61</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Securities rate per million ("RPM") <sup>(2)</sup></td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">427</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">727</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(41</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">610</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">845</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(28</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Average money market / FDIC sweep client balances (millions)</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,592</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,320</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">21</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,471</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">1,130</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">30</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">FX / CFD contracts ADV (millions) <sup>(3)</sup></td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">11,063</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9,586</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">15</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10,636</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9,679</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">FX / CFD contracts RPM</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">77</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">111</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(31</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">89</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">97</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(8</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Global Payments ADV (millions)</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">54</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">42</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">29</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">54</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">45</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">20</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">%</td> </tr> <tr> <td style="vertical-align: middle; text-align: left; padding-left: 20.0px; vertical-align: bottom ; ">Global Payments RPM</td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9,573</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10,524</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(9</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">9,921</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; ">$</td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">10,092</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; "> </td> <td style="vertical-align: bottom ; "> </td> <td style="padding-right: 0 ; text-align: right ; vertical-align: middle; vertical-align: bottom ; ">(2</td> <td style="padding-left: 0 ; text-align: left ; vertical-align: middle; vertical-align: bottom ; ">)%</td> </tr> </table> <p><br /></p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"> <tr> <td style="vertical-align: top ; "><sup>(1)</sup></td> <td style="vertical-align: bottom ; ">Give-up fees as well as cash and voice brokerage revenues are excluded from the calculation of listed derivatives, average rate per contract.</td> </tr> <tr> <td style="vertical-align: top ; "><sup>(2)</sup></td> <td style="vertical-align: bottom ; ">Interest income related to securities lending is excluded from the calculation of Securities RPM.</td> </tr> <tr> <td style="vertical-align: top ; "><sup>(3)</sup></td> <td style="vertical-align: bottom ; ">The ADV for the three months and year ended September 30, 2020 was reflective of the ADV of post-acquisition of Gain, and is calculated based on 43 trading days with the activities of Gain, acquired effective August 1, 2020. FX/CFD Contracts ADV from Gain is included in our Retail segment and our pre-existing FX activities, which are shown in our Institutional segment, had 260 trading days during the year ended September 30, 2020.</td> </tr> </table> <p><strong><u>Operating Revenues</u></strong></p> <p>Operating revenues increased $48.0 million, or 14%, to $390.1 million in the three months ended September 30, 2021 compared to $342.1 million in the three months ended September 30, 2020. The table above displays operating revenues disaggregated across the key products we provide to our clients.</p> <p>Operating revenues derived from listed derivatives increased $7.1 million, or 9%, to $89.7 million in the three months ended September 30, 2021 compared to $82.6 million in the three months ended September 30, 2020. This growth was primarily driven by an 8% increase in the average rate per contract, principally due to an increase in volume from commercial customers, with an overall increase of 2% in listed derivative contract volumes.</p> <p>Operating revenues derived from OTC transactions increased $11.8 million, or 52%, to $34.4 million in the three months ended September 30, 2021 compared to $22.6 million in the three months ended September 30, 2020. This was the result of growth in OTC contract volumes and the average rate per contract of 40% and 8%, respectively in the three months ended September 30, 2021. This growth was principally driven by increased volatility in both agricultural and energy markets.</p> <p>Operating revenue derived from securities transactions increased $11.3 million, or 11%, to $112.1 million in the three months ended September 30, 2021 compared to $100.8 million in the three months ended September 30, 2020. This growth was principally due to an 81% increase in ADV, which was partially offset by a 41% decline in the RPM as the prior year period benefited from wider spreads due to higher relative volatility driven in part by the COVID-19 pandemic.</p> <p>Operating revenues derived from FX/CFD contracts increased $7.1 million, or 15% to $55.7 million in the three months ended September 30, 2021 compared to $48.6 million in the three months ended September 30, 2020, as a result of an incremental $8.9 million in FX/CFD contracts operating revenues in our Retail segment resulting from the acquisition of Gain, effective August 1, 2020, which was partially offset by lower FX operating revenues in our Institutional FX prime brokerage business.</p> <p>Operating revenues from global payments increased $4.9 million, or 17%, to $33.3 million in the three months ended September 30, 2021 compared to $28.4 million in the three months ended September 30, 2020, principally driven by the net impact of a 29% increase in ADV and a 9% decline in RPM.</p> <p>Operating revenues derived from physical contracts increased $2.9 million, or 7%, to $42.1 million in the three months ended September 30, 2021 compared to $39.2 million in the three months ended September 30, 2020. This increase was principally due to increases in agricultural and energy commodity and retail precious metals revenues, partially offset by the decline in commercial precious metals operating revenues. Operating revenues during the three months ended September 30, 2021 and 2020 include gains related to physical inventories, previously carried at the lower of cost or net realizable value, of $0.3 million and $3.0 million, respectively.</p> <p>Interest and fee income earned on client balances, which is associated with our listed and OTC derivative, correspondent clearing, and independent wealth management product offerings, increased $3.1 million, or 65%, to $7.9 million in the three months ended September 30, 2021 compared to $4.8 million in the three months ended September 30, 2020. This was principally driven by an increase in average client equity and average FDIC sweep client balances of 25% and 21%, respectively.</p> <p><strong><u>Impact of the Gain on Acquisitions</u></strong></p> <p>The Company acquired Gain, effective August 1, 2020. The results of the three months ended September 30, 2020 included a gain of $81.8 million related to the acquisition. The results of the three months ended June 30, 2021 include a gain of $3.3 million related to the acquisition, due to an adjustment to the final liabilities assumed, resulting in an adjustment from the initially ...</p><p><a href=https://www.benzinga.com/pressreleases/21/11/g24343632/stonex-group-inc-reports-fiscal-2021-fourth-quarter-financial-results alt=StoneX Group Inc. Reports Fiscal 2021 Fourth Quarter Financial Results>Full story available on Benzinga.com</a></p> Earnings SNEX Retail Sales Press Releases Mon, 29 Nov 2021 21:15:00 +0000 Globe Newswire 24343632 at https://www.benzinga.com PopReach Provides Q3 2021 Update on Selected Unaudited Pro-Forma Financial Information with Federated Foundry https://www.benzinga.com/pressreleases/21/11/n24343127/popreach-provides-q3-2021-update-on-selected-unaudited-pro-forma-financial-information-with-federa <p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">/NOT FOR DISTRIBUTION TO US WIRE SERVICES OR FOR DISSEMINATION IN <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">THE UNITED STATES OF AMERICA</span>/</i></b></i></p> <p xmlns="http://www.w3.org/1999/xhtml" class="prntac"><i xmlns="http://www.w3.org/1999/xhtml">Inclusive of PopReach, the combined businesses delivered Q3 year over year consolidated pro-forma revenue growth of 25%</i></p> <p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">TORONTO</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Nov. 29, 2021</span> /CNW/ - PopReach Corporation (&#34;<b xmlns="http://www.w3.org/1999/xhtml">PopReach</b>&#34; or the <b xmlns="http://www.w3.org/1999/xhtml">&#34;Company</b>&#34;) (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/POPR#TSXV" rel="nofollow">POPR</a>) (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/POPRF#OTCQX" rel="nofollow">POPRF</a>) is, further to its press release dated <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">October 18, 2021</span> regarding the proposed business combination (the &#34;<b xmlns="http://www.w3.org/1999/xhtml">Transaction</b>&#34;) of PopReach with 2810735 Ontario Inc. d/b/a Federated Foundry (&#34;<b xmlns="http://www.w3.org/1999/xhtml">Federated</b>&#34; and together with PopReach, the &#34;<b xmlns="http://www.w3.org/1999/xhtml">Parties</b>&#34;), pleased to provide an update on selected unaudited pro-forma consolidated financial information for the combined Parties for the three months ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span>. The selected unaudited pro-forma financial information presented is inclusive of the unaudited financial information of PopReach for the applicable periods, as previously reported and filed on <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=3372604-1&amp;h=215674921&amp;u=http%3A%2F%2Fwww.sedar.com%2F&amp;a=www.sedar.com" rel="nofollow" rel="nofollow">www.sedar.com</a>. </p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1697981/PopReach_Corporation_PopReach_Provides_Q3_2021_Update_on_Selecte.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1697981/PopReach_Corporation_PopReach_Provides_Q3_2021_Update_on_Selecte.jpg" title="PopReach Corporation Logo (CNW Group/PopReach Corporation)" alt="PopReach Corporation Logo (CNW Group/PopReach Corporation)" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Unaudited Pro-Forma Consolidated Financial Information</i></b><br xmlns="http://www.w3.org/1999/xhtml" />The following table sets out certain unaudited pro-forma consolidated financial information for the combined PopReach and Federated businesses had: 1) the Transaction been consummated at the  beginning of three month periods ended <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2020</span> and <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">September 30, 2021</span>; and 2) Federated had acquired Notify AI, LLC (&#34;<b xmlns="http://www.w3.org/1999/xhtml">Notify</b>&#34;), Q1Media, Inc. (&#34;<b xmlns="http://www.w3.org/1999/xhtml">Q1Media</b>&#34;), and Crucial Interactive Holdings Inc. (&#34;<b xmlns="http://www.w3.org/1999/xhtml">Contobox</b>&#34;), at the beginning of the same periods.</p> <div xmlns="http://www.w3.org/1999/xhtml"> <table xmlns="http://www.w3.org/1999/xhtml" cellspacing="0" cellpadding="0" border="0" class="prnbcc"> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><i xmlns="http://www.w3.org/1999/xhtml">Figures in US Dollars </i></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen5"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen5"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><i xmlns="http://www.w3.org/1999/xhtml">Unaudited</i></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"> 2021 Q3</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"> 2020 Q3 </span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">ended Sep</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">ended Sep</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">YoY Growth</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="3" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Revenue</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$18,875,980</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$15,104,644</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">25.0%</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Adjusted EBITDA<sup xmlns="http://www.w3.org/1999/xhtml">1</sup></span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$2,610,007</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$2,346,414</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen7"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">11.2%</span></p> </td> </tr> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prngen3"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">Net Income</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"><br xmlns="http://www.w3.org/1999/xhtml" /></td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$603,613</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" nowrap="nowrap" class="prngen4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">$825,219</span></p> </td> <td xmlns="http://www.w3.org/1999/xhtml" class="prnvab prntar prnpl6 prnpr4"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span">(26.9%)</span></p> </td> </tr> </table> </div> <p xmlns="http://www.w3.org/1999/xhtml"></p> <div xmlns="http://www.w3.org/1999/xhtml"> <table xmlns="http://www.w3.org/1999/xhtml" id="convertedTableb54f" cellspacing="0" cellpadding="0" border="0" class="prngen2"> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" colspan="2" nowrap="nowrap" class="prnsbtb0 prnrbrb0 prnvat prnsbtb0 prntar prnpl6 prnsblb0 prnpr6"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><b xmlns="http://www.w3.org/1999/xhtml"><sup xmlns="http://www.w3.org/1999/xhtml">1 </sup></b><b xmlns="http://www.w3.org/1999/xhtml">Please refer to &#34;Non-IFRS Measures&#34; section of this press release.</b></span></p> </td> </tr> </table> </div> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><i xmlns="http://www.w3.org/1999/xhtml">Recent Federated Operating Highlights</i></b></p> <ul xmlns="http://www.w3.org/1999/xhtml" type="disc"> <li xmlns="http://www.w3.org/1999/xhtml">Notify AI, a leading messaging platform for publisher monetization and advertiser promotions,  expanded its global presence with the opening of a new office in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Amsterdam</span>, and a significant office expansion in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Tel Aviv&#39;s</span> high-tech hub in the Rothschild Boulevard district, increasing its headcount in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Israel</span> by approximately 50% to expand R&amp;D efforts and to support international growth plans </li> <li xmlns="http://www.w3.org/1999/xhtml">Q1Media, a world-class digital media services company, was named on Inc.&#39;s 2021 Best Workplaces list, a national award that recognizes the best companies to work for in America<sup xmlns="http://www.w3.org/1999/xhtml">2</sup> </li> <li xmlns="http://www.w3.org/1999/xhtml">Contobox, an award-winning rich media advertising platform, was recognized with several award nominations at the Digiday Technology Awards (&#34;<b xmlns="http://www.w3.org/1999/xhtml">Digiday</b>&#34;), Online Media Marketing and Advertising Awards (&#34;<b xmlns="http://www.w3.org/1999/xhtml">OMMA</b>&#34;) and International Performance Marketing Awards, winning the Best Customer Data Platform award at Digiday, and the Best Programmatic Creative award at OMMA<sup xmlns="http://www.w3.org/1999/xhtml">3</sup></li> </ul> <p xmlns="http://www.w3.org/1999/xhtml"></p> <div xmlns="http://www.w3.org/1999/xhtml"> <table xmlns="http://www.w3.org/1999/xhtml" id="convertedTable1f4e" cellspacing="0" cellpadding="0" border="0" class="prngen2"> <tr xmlns="http://www.w3.org/1999/xhtml"> <td xmlns="http://www.w3.org/1999/xhtml" class="prngen10"> <p xmlns="http://www.w3.org/1999/xhtml" class="prnews_p"><span xmlns="http://www.w3.org/1999/xhtml" class="prnews_span"><sup xmlns="http://www.w3.org/1999/xhtml">2</sup> <a xmlns="http://www.w3.org/1999/xhtml" ...</span></p></td></tr></table></div><p><a href=https://www.benzinga.com/pressreleases/21/11/n24343127/popreach-provides-q3-2021-update-on-selected-unaudited-pro-forma-financial-information-with-federa alt=PopReach Provides Q3 2021 Update on Selected Unaudited Pro-Forma Financial Information with Federated Foundry>Full story available on Benzinga.com</a></p> Earnings entertainment Mobile devices/Apps POPRF TSXV:POPR Small Cap Press Releases Mon, 29 Nov 2021 21:00:00 +0000 PRNewswire 24343127 at https://www.benzinga.com Mid-Afternoon Market Update: Dow Jumps 300 Points; Krystal Biotech Shares Spike Higher https://www.benzinga.com/news/earnings/21/11/24340705/mid-afternoon-market-update-dow-jumps-300-points-krystal-biotech-shares-spike-higher <p>Toward the end of trading Monday, the Dow traded up 0.87% to 35,204.42 while the NASDAQ climbed 1.96% to 15,795.08. The S&amp;P also rose, gaining 1.55% to 4,665.67.</p> <p>The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 49,099,590 cases with around 799,410 deaths. India confirmed a total of at least 34,580,830 cases and 468,790 deaths, while Brazil reported over 22,080,900 COVID-19 cases with 614,310 deaths. In total, there were at least 261,877,540 cases of COVID-19 worldwide with more than 5,219,770 deaths, according to data compiled by Johns Hopkins University.</p> <p> <strong>Leading and Lagging Sectors</strong></p> <p> Information technology shares gained by 2.6% on Monday. Meanwhile, top gainers in the <a href=&#039;https://www.benzinga.com/money/best-sectors-to-invest-in-right-now/&#039;>sector</a> included <strong> Matterport, Inc </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mttr#NASDAQ">MTTR</a>), up 18% and <strong> Bit Digital, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btbt#NASDAQ">BTBT</a>) up 11%.</p> <p> In trading on Monday, financials shares rose by just 0.6%.</p> <p> <strong>Top Headline</strong></p> <p> <strong>Li Auto Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/li#NASDAQ">LI</a>) reported better-than-expected third-quarter financial results.</p> <p>Li Auto reported third-quarter diluted earnings per ADS of 5 cents, which beat the estimate of a loss of 2 cents, and sales results of $1.21 billion, which beat the $1.16 billion estimate.</p> <p>The ...</p><p><a href=https://www.benzinga.com/news/earnings/21/11/24340705/mid-afternoon-market-update-dow-jumps-300-points-krystal-biotech-shares-spike-higher alt=Mid-Afternoon Market Update: Dow Jumps 300 Points; Krystal Biotech Shares Spike Higher>Full story available on Benzinga.com</a></p> ADGI AHPI BTBT Earnings FENC KRYS LI Mid-Afternoon Market Update MTTR News NRXP Penny Stocks VAXX Eurozone Commodities Small Cap Global Intraday Update Markets AHPI US0192221085 LI ADGI FENC KRYS BTBT NRXP MTTR VAXX News Earnings Penny Stocks Eurozone Commodities Small Cap Global Intraday Update Markets Benzinga Mon, 29 Nov 2021 19:35:08 +0000 Lisa Levin 24340705 at https://www.benzinga.com Partner Communications Crosses 3M Subscriber Mark https://www.benzinga.com/news/earnings/21/11/24334007/partner-communications-crosses-3m-subscriber-mark <ul> <li><strong>Partner Communications Co Ltd&nbsp;</strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ptnr#NASDAQ">PTNR</a>)&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/11/n24323865/partner-communications-reports-third-quarter-2021-results-1" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">reported third-quarter</a>&nbsp;FY21 revenue growth of 5% year-on-year to $259 million.</li> <li>Service Revenues rose 6% Y/Y to $208 million, and Equipment Revenues declined 2% Y/Y to $ 51 million.</li> <li>Partner exceeded the 3 million cellular subscribers for the first time in almost a decade and continued to reduce the churn rate to the lowest ...</li></ul><p><a href=https://www.benzinga.com/news/earnings/21/11/24334007/partner-communications-crosses-3m-subscriber-mark alt=Partner Communications Crosses 3M Subscriber Mark>Full story available on Benzinga.com</a></p> Briefs Earnings News PTNR Small Cap Tech PTNR US70211M1099 News Earnings Small Cap Tech Benzinga Mon, 29 Nov 2021 19:27:07 +0000 Anusuya Lahiri 24334007 at https://www.benzinga.com Pfizer Inc.: The Winning Streak Continues https://www.benzinga.com/news/earnings/21/11/24339166/pfizer-inc-the-winning-streak-continues <p>Shares of <a href="http://www.investorbrandnetwork.com/market-research/?qmtab=detailedquotetabchartnews_qmsymbol=PFE" rel="sponsored"><strong>Pfizer Inc</strong></a>. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pfe#NYSE">PFE</a>) traded today at $55.70, eclipsing its 12-month high. Approximately 40.2 million shares have changed hands today, as compared to an average 30-day volume of 35.7 million shares.</p> <p>Pfizer Inc. is currently priced 50.7% above its average consensus analyst price target of $26.50.</p> <p>Pfizer is one of the world&rsquo;s largest pharmaceutical firms, with annual sales close to $50 billion (excluding COVID-19 vaccine sales). While it historically sold many types of healthcare products and chemicals, now, prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13, cancer drug Ibrance, cardiovascular treatment Eliquis, and immunology drug Xeljanz. Pfizer sells these products globally, with international sales representing close to 50% of its ...</p><p><a href=https://www.benzinga.com/news/earnings/21/11/24339166/pfizer-inc-the-winning-streak-continues alt=Pfizer Inc.: The Winning Streak Continues>Full story available on Benzinga.com</a></p> Earnings InvestorBrandNetwork News Partner Content PFE Health Care General PFE US7170811035 News Earnings Health Care General Benzinga Mon, 29 Nov 2021 18:39:37 +0000 InvestorBrandNetwork 24339166 at https://www.benzinga.com Costco Wholesale Corp. Climbs to Annual-High Share Price https://www.benzinga.com/news/earnings/21/11/24339115/costco-wholesale-corp-climbs-to-annual-high-share-price <p><a href="http://www.investorbrandnetwork.com/market-research/?qmtab=detailedquotetabchartnews_qmsymbol=COST" rel="sponsored"><strong>Costco Wholesale Corp</strong></a>. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cost#NASDAQ">COST</a>) traded today at a new 12-month high of $560.67. Approximately 332,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.</p> <p>In the past 12 months, shares of Costco Wholesale Corp. have traded between a low of $307.00 and a high of $560.67 and are now at $560.30, 83% above that low price.</p> <p>The leading warehouse club, Costco has 815 stores worldwide (at the end of fiscal 2021), with most sales derived in the United States (72%) and Canada (14%). It sells memberships that allow customers to shop in its warehouses, which feature low prices on a limited product assortment. Costco mainly caters to individual shoppers, but roughly 20% of paid members carry business memberships. Food and sundries accounted for 40% of fiscal ...</p><p><a href=https://www.benzinga.com/news/earnings/21/11/24339115/costco-wholesale-corp-climbs-to-annual-high-share-price alt=Costco Wholesale Corp. Climbs to Annual-High Share Price>Full story available on Benzinga.com</a></p> COST Earnings InvestorBrandNetwork News Partner Content COST US22160K1051 News Earnings Benzinga Mon, 29 Nov 2021 18:37:20 +0000 InvestorBrandNetwork 24339115 at https://www.benzinga.com Watch for Continued Gains in Shares of Waste Management Inc. https://www.benzinga.com/news/earnings/21/11/24339015/watch-for-continued-gains-in-shares-of-waste-management-inc <p>Shares of <a href="https://www.investorbrandnetwork.com/market-research/?qmtab=detailedquotetabchartnews_qmsymbol=WM" rel="sponsored"> Waste Management Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wm#NYSE">WM</a>)</a> traded today at $167.85, eclipsing its 12-month high. Approximately 825,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.</p> <p>Waste Management ranks as the largest integrated provider of traditional solid waste services in the United States, operating approximately 268 active landfills and about 350 transfer stations (includes acquired Advanced Disposal landfills and transfer stations). The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.</p> <p>Waste Management Inc. share prices have moved between a 12-month high of $167.85 and a 12-month low of $109.11 and are now trading 54% above that low ...</p><p><a href=https://www.benzinga.com/news/earnings/21/11/24339015/watch-for-continued-gains-in-shares-of-waste-management-inc alt=Watch for Continued Gains in Shares of Waste Management Inc.>Full story available on Benzinga.com</a></p> Earnings InvestorBrandNetwork News Partner Content WM WM US94106L1098 News Earnings Benzinga Mon, 29 Nov 2021 18:33:36 +0000 InvestorBrandNetwork 24339015 at https://www.benzinga.com Panaxia recaps 3Q21 with record revenues of 22.5 million, a 34% increase over last year https://www.benzinga.com/pressreleases/21/11/n24338927/panaxia-recaps-3q21-with-record-revenues-of-22-5-million-a-34-increase-over-last-year <p xmlns="http://www.w3.org/1999/xhtml">LOD, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Israel</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="xn-chron">Nov. 29, 2021</span> /PRNewswire/ -- <a xmlns="http://www.w3.org/1999/xhtml" target="_blank" href="https://panaxia.co.il/" rel="nofollow" rel="nofollow">Panaxia Labs Israel Ltd.</a> (&#34;Panaxia Israel&#34;), a subsidiary of Panaxia Global (TASE: PNAX), a global pharma company that develops, manufactures<span xmlns="http://www.w3.org/1999/xhtml"> </span>and markets advanced pharmaceutical-grade medical cannabis, today reported the financial results for the third quarter and nine months of 2021.</p> <div xmlns="http://www.w3.org/1999/xhtml" class="PRN_ImbeddedAssetReference" id="DivAssetPlaceHolder1"> <p xmlns="http://www.w3.org/1999/xhtml"> <a xmlns="http://www.w3.org/1999/xhtml" href="https://mma.prnewswire.com/media/1698154/Panaxia_Quarterly_revenues.html" target="_blank" rel="nofollow" rel="nofollow"><br /> <img xmlns="http://www.w3.org/1999/xhtml" src="https://mma.prnewswire.com/media/1698154/Panaxia_Quarterly_revenues.jpg" title="Panaxia Israel&#039;s revenues (in millions): Quarterly revenues, 2019-2021 (PRNewsfoto/Panaxia Pharmaceutical Industries)" alt="Panaxia Israel&#039;s revenues (in millions): Quarterly revenues, 2019-2021 (PRNewsfoto/Panaxia Pharmaceutical Industries)" /><br /> </a> </p> </div> <p xmlns="http://www.w3.org/1999/xhtml"><b xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="xn-person">Dadi Segal</span>, CEO of Panaxia Israel</b>, said, &#34;We are closing a strong third quarter in which we resumed our double-digit revenue growth. Our strategy, which focuses on manufacturing, exporting and selling our products, is proving its worth, yielding fruit already in this quarter. During and after the third quarter, we received the export permit we had been waiting for. The permit allows us to export medical cannabis extracts for vaporization, a novel, first-of-its-kind product approved for marketing in <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Germany</span> and across <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Europe</span>. A first commercial shipment already sent to <span xmlns="http://www.w3.org/1999/xhtml" class="xn-location">Germany</span>. We expect retail sales of the extracts to begin in the coming days, building on the strong interest on behalf of physicians and patients alike. ...</p><p><a href=https://www.benzinga.com/pressreleases/21/11/n24338927/panaxia-recaps-3q21-with-record-revenues-of-22-5-million-a-34-increase-over-last-year alt=Panaxia recaps 3Q21 with record revenues of 22.5 million, a 34% increase over last year>Full story available on Benzinga.com</a></p> Earnings Press Releases Mon, 29 Nov 2021 18:29:00 +0000 PRNewswire 24338927 at https://www.benzinga.com