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ApTask Appoints VP of Sales and Strategic Partnerships

Jeff Holmes has joined the team of ApTask as the VP of Sales and Strategic Partnerships.

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Jeff Holmes has joined the team of ApTask as the VP of Sales and Strategic Partnerships.

Press Release updated: Aug 24, 2020 09:00 EDT


ApTask, is one of the premier providers of Staffing and Workforce Solutions in the U.S and globally. ApTask is a 5-time honoree of Inc. 5000 list and one of New Jersey 50 fastest Growing Companies.

As VP – Sales and Strategic Partnerships, Jeff will be responsible for fostering his extensive relationships within the IT and Operations community, and strategically growing new opportunities for ApTask’s suite of Human Capital Solutions, that include Management Consulting, Workforce Augmentation, Executive Search, RPO and Payroll Pass-thru solutions. He, along with ApTask’s global recruiting and managed services teams, will be responsible for taking ApTask’s services to the market. 

Jeff has over 15 years of staffing experience, with 10 of those years focused on helping clients with their IT and Accounting & Finance needs. During his tenure with Allegis Group, he directed the global MSP/ VMS business; supporting clients across the US and EMEA. 

ApTask always leverages its vast experience, relationships, industry knowledge and past successes to be the trusted and reliable external partner to their clients’ IT, Business and Operations in meeting their goals.

About ApTask (www.ApTask.com)

Founded in 2010 and headquartered in New Jersey, ApTask is a leading staffing and recruitment company that provides state-of-the-art hiring solutions. We deliver quality results for all types of positions including, but not limited to, technology, finance, engineering, sales, executive, marketing, accounting, scientific, legal and operational positions across all industries nationwide.

Source: ApTask

Source: https://www.newswire.com/news/aptask-appoints-vp-of-sales-and-strategic-partnerships-21189858

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Pro Brush Painting & Remodeling offering residential and commercial painting, remodeling, and more.

For more than ten years, Pro Brush Painting & Remodeling has served the Arlington community. Their painting specialist crews are known for their attention to detail, high level of skill, and extreme professionalism.  The team at Pro Brush Painting & Remodeling work with their clients through every step of the painting and remodeling process, from… Read more »

The post Pro Brush Painting & Remodeling offering residential and commercial painting, remodeling, and more. first appeared on PRUnderground.

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Industry: Home & Residential

Pro Brush Painting & Remodeling has been providing painting and remodeling services in the Arlington area for over ten years.

Arlington, TX (PRUnderground) October 31st, 2020

For more than ten years, Pro Brush Painting & Remodeling has served the Arlington community. Their painting specialist crews are known for their attention to detail, high level of skill, and extreme professionalism. 

The team at Pro Brush Painting & Remodeling work with their clients through every step of the painting and remodeling process, from the initial planning to the last inspection. The company is pleased to work with small paint jobs to full-scale large remodeling projects. They have the skills and experience to turn any dream vision into reality.

Given their years of experience, Pro Brush Painting & Remodeling is proud to be the premier choice for residential painting in Arlington, Texas. They strive to provide the highest quality work and customer service. Pro Brush Painting & Remodeling is pleased to offer painting services to apartments and multifamily properties, hotels and hospitals, offices and businesses, retails, and restaurants. 

Along with their outstanding painting services, Pro Brush Painting & Remodeling offers commercial and residential remodeling services. Regardless of the size of the project, Pro Brush will get the job done. 

They provide remodeling services like cabinet refinishing, bathroom and kitchen remodeling, granite and flooring installation, deck and fence remodeling, and so much more. To better service their clients, Pro Brush Painting & Remodeling provides one-on-one consultation. An expert will clarify all steps of the process and will keep you up to date with information. 

Pro Brush Painting & Remodeling is proud to be a reputable remodeling contractor in Arlington, TX. Those interested in home remodeling can get in touch with a Pro Brush Painting & Remodeling specialist for a free consultation by filling out a form on their website.

About Pro Brush Painting And Remodeling

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Source: https://www.prunderground.com/pro-brush-painting-remodeling-offering-residential-and-commercial-painting-remodeling-and-more/00209446/

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Tanla records best ever Quarter fuelled by CPaaS and Digital revenues

HYDERABAD, India, Oct. 31, 2020 /PRNewswire/ — Tanla Platforms Limited (NSE: TANLA) (BSE: 532790), largest CPaaS provider, today announced the results for the quarter ended on September 30th, 2020 as compared to the corresponding quarter of previous financial year Revenue was ₹583.2 Cr…

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HYDERABAD, India, Oct. 31, 2020 /PRNewswire/ — Tanla Platforms Limited (NSE: TANLA) (BSE: 532790), largest CPaaS provider, today announced the results for the quarter ended on September 30th, 2020 as compared to the corresponding quarter of previous financial year

  • Revenue was ₹583.2 Cr and increased 20%
  • EBITDA was ₹97.5 Cr and increased 210%
  • PAT was ₹81.5 Cr and increased 273%
  • EPS was ₹5.85 and increased 279%
  • ROCE at 47.5% and increased 177%
  • EBIDTA to Cash Conversion remained robust at 82%

“I’m delighted to report highest ever Revenue, EBITDA & EPS in Q2FY21. Our pioneering and dominant market position in CPaaS, in this cathartic phase in Digital, powered the surge in Revenue”, commented Uday Reddy, Chairman & CEO of Tanla.

Commenting further Uday Reddy said, “Going forward our unwavering focus and investments on platforms & products, brand, customer success and talent, will drive future growth.”

Business Highlights

  • 89,203 enterprises 6,339 telemarketers are registered on DLT platform.
  • In the first commercial go-live month of Sept 2020, Tanla’s Trubloq handled 70% of the total DLT traffic which is 35Bn.
  • 83 New Customer opportunities from major verticals (Banking, Financial services, e-commerce, Gaming, OTT etc.) Including established brands to high potential startups were signed up during Q2FY21, with an annual potential revenue of ~ 76 Cr

Tanla’s paid up share capital was 13,60,36,450 equity shares of ₹1/ each on Sept 30, 2020 after a share buyback of 1,66,92,752 equity shares of Re.1 each and allotment of 4,71,645 equity shares of Re.1 each under the Employee Stock Purchase Plan, 2016.

The Company has paid an interim dividend of Re.1 per share to the Shareholders as on the Record date on September 18, 2020 aggregating ₹13,57,87,600/-.

Support during COVID-19

During these trying periods, we focused on ensuring the safety of our employees encouraged them to work from home and minimize interaction at public places by providing them with the required infrastructure and a Covid Fund to help them meet medical needs for self and immediate family. We have also succeeded in providing the required support to our customers and partners and ensured they succeeded in providing their best work while they operated remotely.

About Tanla

Tanla is a Hyderabad, India, based company, established in 1999. It is a largest CPaaS provider, handling over 250 billion business communications annually with a market share of ~70%. Tanla is innovating the way the world communicates, continuously raising the bar through enhanced speed, ease, and simplicity of Cloud Communication solutions, adopting cutting-edge technologies like blockchain, Artificial Intelligence, Machine Learning to meet the discerning needs of a diverse clientele, from enterprises to carriers across geographies. Tanla is working with all leading Telcos in India creating India’s first Telecom Blockchain Network. Tanla is a public limited company listed on leading Indian stock exchanges (NSE: TANLA) (BSE: 532790)

Disclaimer

This release might contain ‘forward-looking statements’ that are based on our current expectations, assumptions, estimates and projections about Tanla Platforms Limited (the “Company”), our industry, economic conditions in the markets in which we operate, and certain other matters. Those statements include, among other things, the discussions of our business strategy and expectations concerning our market position, future operations, margins, profitability, liquidity and capital resources. These statements are subject to known and unknown risks, uncertainties and other factors and they depend on future events and circumstances. Such statements do not guarantee future results or development and the actual results or outcomes may differ materially from those implied by the forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, intense competition in the services provided by the Company, including those factors which may affect our cost advantage, wage increases, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, industry segment concentration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks or system failures, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which the Company has made strategic investments, withdrawal or expiration of governmental fiscal incentives, political instability and regional conflicts, regulatory changes, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property and general economic conditions affecting our industry. In light of these and other uncertainties, you should not conclude that the results or outcomes referred to in any of the forward-looking statements will be achieved. All forward-looking statements are based on information available to us on the date hereof, and we do not undertake to update these forward-looking statements to reflect future events or circumstances unless required to do so by law.

For further information, you may write to: [email protected]

CONSOLIDATED P&L (UN-AUDITED)





          Rs in Lakhs

Particulars

Q2FY21

Q1FY21

Q2FY20

I. Revenue from operations

58,324.7

45,554.8

48,716.4

II. Other income

474.5

1,322.8

171.8

III. Total Income (I+II)

58,799.1

46,877.5

48,888.3

IV. Expenses




      Cost of services

44,891.7

35,024.6

38,857.9

      Employee benefits expense

2,283.3

1,990.2

4,597.8

      Depreciation expense

992.3

1,148.8

6,923.8

      Connectivity expenses

280.8

197.0

206.8

      Finance cost

8.9

70.0

118.0

      Other expenses

1,115.7

843.0

1,907.2

Total expenses (IV)

49,572.6

39,273.5

52,611.5

V. Profit before non-controlling interest/share in net profit/(loss) of associate (IV- V)

9,226.5

7,604.0

(3,723.3)

VI. Share in net profit/(loss) of associate

(149.8)

VII. Profit before tax (V – VI)

9,226.5

7,604.0

(3,873.1)

 

VIII. Tax expense:




      Current tax

1,053.2

553.8

266.8

      Prior period taxes/MAT credit

(1,074.8)

0.5

      Deferred tax

26.0

264.5

561.0

IX. Profit for the year (VII -VIII)

8,147.3

7,860.6

(4,701.4)

X. Other comprehensive income

(330.5)

(1.7)

338.6

 

XI. Total Comprehensive income for the period (X + XI)

7,816.8

7,858.8

(4,362.8)

 

XII. Earnings per equity share




Basic & Diluted (not annualised)

5.85

5.17

(3.27)

          

                                                                                                                                               

  BALANCE SHEET:

Rs in Lakhs



 

Particulars

 

Consolidated

As at Sept 30, 2020

(Un-audited)

As at Mar 31, 2020

(Audited)

 I. ASSETS



 (1) Non-current assets 



 (a) Property, Plant and Equipment

3,098.80

3,591.39

 (b) Intangible assets

7,011.63

8,183.05

 (c) Intangible assets under development

2,427.52

1,330.75

 (d) Goodwill on Consolidation

13,455.69

13,455.69

 (e) Right-of-use assets

425.15

504.35

 (f) Financial assets



           (i) Investments 

          (ii) Loans and advances

618.26

388.56

          (iii) Other financial assets

82.17

56.86

 (g) Deferred tax assets (net)

5,275.25

5,674.24

 (h) Other non-current assets

5,684.45

7,967.47

 Total non-current assets

38,078.92

41,152.36

 (2) Current Assets 



 (a) Financial Assets



           (i) Trade receivables 

37,293.14

32,576.94

           (ii) Cash and cash equivalents

19,740.66

17,078.98

           (iii) Bank balances other than cash

                 and cash equivalents

3,650.15

2,978.49

           (iv) Loans and advances

374.89

294.57

           (v) Other financial assets

17,073.22

20,472.22

 (b) Other current assets

2,213.44

4,340.91

 Total current assets

80,345.50

77,742.11

 TOTAL ASSETS

118,424.42

118,894.47

 II. EQUITY AND LIABILITIES 



 (1) Equity 



 (a) Equity share capital

1,360.36

1,459.72

 (b) Other equity

68,538.35

68,713.73

 Total equity

69,898.71

70,173.45

 (2) Non current liabilities 



 (a) Financial liabilities



           (i) Lease liabilities

327.23

434.91

           (ii) other financial liabilities

147.49

22.95

 (b) Provisions

501.93

644.80

 (c) Other non-current liabilities

389.00

428.70

 Total Non Current Liabilities

1,365.65

1,531.36

 (4) Current liabilities



 (a) Financial liabilities



          (i) Trade payables

27,155.25

28,060.26

          (ii) Lease liabilities

81.27

103.80

          (iii) other financial liabilities

19,306.71

16,865.63

 (b) Other current liabilities

494.18

2,014.98

 (c) Provisions

122.64

144.99

 (d) Liabilities for current tax (net)

 Total Current liabilities

47,160.03

47,189.65

 TOTAL EQUITY AND LIABILITIES

118,424.42

118,894.47

              

CASH FLOW STATEMENT

Rs in Lakhs

 

Particulars

Consolidated

Six months ended

30-Sept-2020

Six months ended

30-Sept-2019

Cash flows from Operating Activities



Profit before tax

16,830.56

(15,804.92)

Adjusted for :



Depreciation and amortization expenses

2,141.04

22,288.30

Interest & other income

(1,577.66)

(531.83)

Share based payments

7.13

2,948.53

Buy back expenses

115.36

Provision for diminution of investment in Associate

169.04

Unrealized loss on forex exchange fluctuation

0.26

Allowance for advances

Provision for doubtful debts

54.04

235.47

Operating profits before working capital charges

17,570.72

9,304.59

Changes in operating assets and liabilities



(Increase)/Decrease in trade receivables

(4,716.20)

(4,425.29)

(Increase)/Decrease in financial and non-financial assets

7,553.38

(10,835.36)

 Increase/(Decrease) in financial and non-financial liabilities

(163.50)

5,516.58

 Increase/(Decrease) in trade payables

(905.01)

6,972.17

Cash generated from operations

19,339.40

6,532.69

    Income taxes paid

Net cash generated from operating activities

19,339.40

6,532.69

CASH FLOWS FROM INVESTING ACTIVITIES:



(Purchase)/sale of fixed assets/intangible assets

(1,500.25)

(1,785.34)

Investments in subsidiary

(23,622.44)

Proceeds from sale of investments

3,772.43

Dividend received from subsidiary

Interest & other income

1,508.03

531.83

Net cash generated/(used) in investing activities

7.78

(21,103.52)

CASH FLOWS FROM FINANCING ACTIVITIES:



Proceeds from issue of shares

2,009.88

12,590.33

Payment for buy back of equity shares including transaction cost

(16,585.06)

Repayment of Borrowings

(383.54)

Principal payment of lease liabilities

23.59

Interest paid on lease liabilities

(104.37)

Dividend paid 

(1,357.88)

Net Cash used in financing activities

(16,013.84)

12,206.79

Net change in cash and cash equivalents

3,333.34

(2,364.04)

Cash and cash equivalents at the beginning of the period

20,057.47

15,502.49

Cash and cash equivalents at the end of the period

23,390.81

13,138.45

Logo – https://mma.prnewswire.com/media/627459/Tanla_Solutions_Logo.jpg

SOURCE Tanla Platforms Limited

Related Links

https://tanla.com/

Source: https://www.prnewswire.com:443/news-releases/tanla-records-best-ever-quarter-fuelled-by-cpaas-and-digital-revenues-301164306.html

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Staccato’s ‘Built for Heroes’ Series Honors American Patriots

The “Built for Heroes” video series profiles American law enforcement, veterans, and military professionals

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The “Built for Heroes” video series profiles American law enforcement, veterans, and military professionals

Press Release updated: Oct 31, 2020 12:38 CDT


Staccato 2011, LLC announced today the launch of the “Built for Heroes” video series. The series is dedicated to sharing stories of our country’s veterans, law enforcement, and military professionals. The first video in the series shares the story of Bradley Nielson, an active-duty police officer who humbly serves and protects – often in high-risk situations.

“Our country’s law enforcement and military professionals stand on that line to protect our way of life every single day,” said Marine Corps veteran Nate Horvath, CEO, Staccato. “These brave men and women have our backs — at Staccato, we have theirs. Our ‘Built for Heroes’ video series is one way we’ve chosen to honor and bring awareness to true American heroes.”

In time for Veteran’s Day, Staccato will release the second video in the series, showcasing a Master Sergeant with over 20 years of experience in the U.S. Army special operations.

Staccato is proud to serve thousands of professionals who carry Staccato 2011® pistols both on and off-duty. Approved by over 270 law enforcement agencies across the country, Staccato 2011® pistols are manufactured in Texas using only American-made parts and materials. A veteran-led company, Staccato provides law enforcement, military, and first responders a discount on pistols and magazines.

____________________

About Staccato: Twenty-five years ago, Staccato (formerly STI) revolutionized competition shooting by bringing the world a new gun platform, the 2011®. Built with FlaTec™, Staccato 2011® pistols are trusted by elite law enforcement teams like the U.S. Marshals SOG, the Texas Rangers, and LAPD Metro. Staccato pistols are approved for duty by over 270 agencies across the country. Reliable, durable, insanely accurate, safe, and easy to shoot well, Staccato pistols are fast becoming the pistol of choice for shooters of all skill levels ranging from professionals to home defenders to beginners. With a lifetime warranty, Staccato handguns are designed, precision-engineered, and handcrafted in Georgetown, Texas, and built with American steel and parts. As an American firearms manufacturer, Staccato is proud that over 25% of its team members are veterans and 100% are patriots.

Media contact: Kristin Marlow

Kristin.marlow@staccato2011.com

Source: Staccato 2011, LLC

Source: https://www.newswire.com/news/staccatos-built-for-heroes-series-honors-american-patriots-21247040

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