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Kindred Group plc – Interim report: January – June 2024 (unaudited)

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Solid performance sets steady path towards our annual guidance

SLIEMA, Malta, July 24, 2024 /PRNewswire/ —

Second quarter 2024           

Total revenue was GBP 327.6 (307.3) million, an increase of 7 per cent.           Gross winnings revenue (B2C) increased by 6 per cent to GBP 317.2 (298.3) million.           Underlying EBITDA increased by 32 per cent to GBP 73.6 (55.7) million.           Profit before tax was GBP 55.6 (33.1) million.           Profit after tax was GBP 44.5 (27.7) million.          Profit after tax includes a loss from discontinued operations of GBP 1.7 (6.9) million and profit from continuing operations of GBP 46.2 (34.6) million.           Earnings per share were GBP 0.21 (0.13).           Free cash flow amounted to GBP 41.6 (3.0) million.           Number of active customers increased by 12 per cent to 1,749,611 (1,561,444).

First half 2024           

Total revenue was GBP 635.3 (613.7) million, an increase of 4 per cent.           Gross winnings revenue (B2C) increased by 3 per cent to GBP 614.8 (595.6) million.           Underlying EBITDA increased by 26 per cent to GBP 132.9 (105.1) million.           Profit before tax was GBP 95.4 (63.5) million.           Profit after tax was GBP 75.9 (53.3) million.           Profit after tax includes a loss from discontinued operations of GBP 2.7 (14.9) million and profit from continuing operations of GBP 78.6 (68.2) million.           Earnings per share were GBP 0.35 (0.25).           Free cash flow amounted to GBP 65.3 (32.0) million.           As a result of the closure of the Group’ s locally licensed North American operations, the presentation of the Group’s condensed consolidated financial statements has been updated to present continuing and discontinued operations separately (as required by the relevant accounting standards). Refer to the appendix on page 27 for further information. All commentary within this report related to the condensed consolidated income statement refers to the total Group numbers shown on pages 28 to 31 (in line with total Group numbers previously reported).

CEO Nils Andén comments on the second quarter of 2024

“Building on our solid start to 2024, I am pleased to present a very positive set of second-quarter results for Kindred. We continue to demonstrate our resilience and strategic execution, which is reflected in our strong performance across our market portfolio. The vast majority of our top markets have grown year-on-year, which is very encouraging.

“Total revenue for the second quarter was GBP 327.6 million, marking a 7 per cent increase compared to the same period last year (8 per cent in constant currency). Excluding North America, total revenue increased by 9 per cent for the same period. Underlying EBITDA came in at GBP 73.6 million, reflecting a significant 32 per cent increase year-over-year, and representing a margin of 22 per cent. This highlights the scalability of our business model and accelerated top-line growth while maintaining a stable cost base.

“Our development in locally regulated markets has been particularly strong, with year-on-year Gross winnings revenue from locally regulated markets growing 10 per cent (12 per cent excluding North America).

“The second quarter contained strong sportsbook activity throughout, with Euro 2024 boosting customer engagement towards the end of the period. Favourable results, in combination with a record share of Bet Builder activity, delivered a historic high sportsbook margin of 12.1 per cent. This is considerably higher than the long-term average margin of 9.9 per cent and we expect to see some normalisation in the second half of 2024.

“The KSP project remains firmly on track, with key features and functionality being released ahead of our planned market rollout, starting later this year. Live customers from selected test markets are already using the platform and providing valuable feedback and insight for the Product and Development teams.”

Trading update up to and including 21 July 2024

The average daily Gross winnings revenue for the Group, up to and including 21 July 2024, was GBP 3.28 million, 10 per cent higher (11 per cent in constant currency) compared to the daily average for the full third quarter of 2023. Closure of the North American operations distort the comparatives, the growth in Gross winnings revenue for the Group excluding North America is 12 per cent (14 per cent in constant currency) for the same period.

The sports betting margin after free bets for the above period was 10.6 per cent, which is ahead of the Group long-term average of 9.9 per cent and the 9.4 per cent across the full third quarter of 2023.

Kindred Group’s presentation of the interim report

Kindred Group’s CEO Nils Andén and Interim CFO Patrick Kortman will host a web presentation in English at 10.00 (CEST) which is webcasted live on https://www.kindredgroup.com/Q22024.  

To access the telephone conference in connection with the presentation, please register at https://conference.financialhearings.com/teleconference/?id=50047081. After registration you will be provided a phone number and a conference ID to access the conference.

Please call in well in advance for registration. There will be an opportunity to ask questions after the presentation.

This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 24-07-2024 07:30 CET.

CONTACT:

For more information:
Linda Lyth, Investor Relations Manager, +46 767 681 337
ir@kindredgroup.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/kindred-group/r/kindred-group-plc—interim-report–january—june-2024–unaudited-,c4017960

The following files are available for download:

https://mb.cision.com/Main/824/4017960/2924684.pdf

Report: Kindred Group plc Q2 Financial Report 2024

https://mb.cision.com/Public/824/4017960/96cde927551ce38f.pdf

Kindred Group plc Interim report January June 2024 unaudited

View original content:https://www.prnewswire.co.uk/news-releases/kindred-group-plc–interim-report-january–june-2024-unaudited-302204957.html

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62% of financial services professionals say an AI-generated error has reached a client

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New Macabacus report finds AI adoption has outpaced the guardrails needed to keep client-facing models and documents accurate.

NEW YORK, Sept. 10, 2026 /PRNewswire/ — Macabacus, the leading M365 productivity platform for finance and professional services teams, today released the report: GenAI for Financial Services: Velocity and Verification. The report finds that AI now sits at the core of model creation and client presentation development, but most firms lack the review and verification layer needed to catch AI-generated errors before they reach clients.

New Macabacus report finds AI adoption has outpaced the guardrails to keep client-facing models and documents accurate

Drawing on a survey of Macabacus’ 75,000 users and analysis of conversations with hundreds of clients and prospects, the report quantifies the gap between how fast AI is being adopted and how slowly firms are building guardrails to ensure their clients can trust their deal content.

“AI is now involved in the majority of models and documents that reach clients, with 87% of firms saying they use AI daily or weekly for this work,” said Paul Ross, Chief Marketing Officer, Macabacus. “Deal teams should not slow down their use of AI. They need guardrails that let them move faster while maintaining accuracy and their clients’ trust. That is what Macabacus is built for.”

Key findings include:

62% of respondents believe an AI-generated error has reached a client or internal decision-maker in the past 12 months, with 46% saying an error has “probably” landed in a deliverable without anyone catching it.87% use AI daily or weekly to generate financial models and client presentations, but only 23% have comprehensive guardrails (approved tools, accuracy checks, brand compliance, and review workflows) in place.AI has created a divergence in confidence at the review handoff stage for models and presentations: 43% of analysts and associates say AI has made them more confident in their work, while only 29% VPs, directors, and MDs state the same. That leadership group is also 6 points more likely to say AI has made them less confident.

Download the report here:  https://macabacus.com/lp/2026-ai-report

About Macabacus

Macabacus is the leading Microsoft-native productivity platform for finance and professional services teams. When a deal document has to be right, professionals use Macabacus. Trusted by 3,000 firms and 75,000 users across investment banking, private equity, asset management, consulting, advisory, and corporate finance, Macabacus helps users rapidly create and check financial models and deal documents. By combining powerful productivity tools with AI-powered review and automation, Macabacus enables organizations to execute with greater speed, accuracy, and confidence. Learn more at www.macabacus.com

Media Contact

Paul Ross

paul.ross@macabacus.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/62-of-financial-services-professionals-say-an-ai-generated-error-has-reached-a-client-302874451.html

SOURCE Macabacus Inc.

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ChipMOS to Participate in UBS Taiwan Summit 2026

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HSINCHU, Sept. 10, 2026 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will present to institutional investors at UBS Taiwan Summit 2026, at the W Taipei Hotel on September 15 and 16, 2026.

Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Investor Relations, will discuss the Company’s recent financial results, business trends and growth opportunities. The Company’s investor presentation is available on the investor relations’ section of its website at www.chipmos.com.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding current macroeconomic conditions, including the impacts of high inflation, foreign exchange rates and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, policies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed and our ability to mitigate with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, based on a number of important factors and risks, which are more specifically identified in the Company’s most recent U.S. Securities and Exchange Commission (the “SEC”) filings. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the SEC and in its other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

View original content:https://www.prnewswire.com/news-releases/chipmos-to-participate-in-ubs-taiwan-summit-2026-302873463.html

SOURCE ChipMOS TECHNOLOGIES INC.

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NGP VAN Overhauls Bulk Upload, Making a Critical Campaign Workflow Faster and Easier

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New experience catches errors before imports begin and reduces the manual work required to bring data into NGP VAN

WASHINGTON, Sept. 10, 2026 /PRNewswire/ — NGP VAN, the leading technology provider for Democratic and progressive campaigns, today announced major improvements to Bulk Upload, making one of the platform’s most frequently used workflows faster, more intuitive, and less prone to errors.

The improved Bulk Upload experience addresses longstanding pain points for campaign staff and data managers. The new workflow automatically detects the file type, identifies formatting and matching issues before an import runs, and intelligently maps spreadsheet columns to the appropriate fields in NGP VAN.

“Bulk upload is something we do constantly, and the struggle has always been real,” said Laurie Van Hall, Partner at Bee Compliance. “Smarter column mapping and catching errors up front before the import runs is the kind of upgrade that actually changes how a day goes. Really glad to see NGP VAN tackling this one.”

The improvements arrive as campaigns and organizations head into the busiest stretch of the election cycle, when the volume and urgency of critical data moving into NGP and VAN peaks. By surfacing potential issues before an import begins and reducing repetitive manual mapping, the redesigned workflow helps users spend less time troubleshooting uploads and more time acting on their data.

“The new Bulk Upload workflow lowers the learning curve for new NGP VAN users,” said Candy Emmons, Executive Director of the Democratic Party of Oregon. “With new people joining our team throughout the cycle, making these tools more intuitive helps staff become confident, independent users much more quickly.”

The updated experience includes:

Automatic file-type detection that eliminates the need for users to manually identify the data type they’re importing.Pre-validation checks that surface formatting and matching issues before an import runs.Improved column mapping that automatically matches spreadsheet columns to NGP VAN fields and reduces repetitive setup.A redesigned upload experience, with streamlined opening steps, a cleaner mapping screen, and a refreshed status page built on a modernized foundation.

“We’re hyperfocused on our users and how we can make their jobs easier every single day. Nearly every user I’ve spoken with has had something to say about Bulk Upload – and rarely was it good,” said Francis Brown, Senior Product Manager at NGP VAN. “We listened, pulled together a team, and went after the things that were creating the most frustration. This is exactly the kind of investment we want to make in the core NGP VAN experience – improving the workflows our users rely on every day. The response from beta testers has been incredibly encouraging, and I’m excited for users to get their hands on the new experience. “

The improved Bulk Upload experience does not change existing upload specifications, data models, field mappings, access permissions, or supported file formats. It will be optional at launch, and the existing Bulk Upload workflow will remain available.

About NGP VAN
NGP VAN is the winningest technology platform in the history of democratic and progressive causes, working tirelessly to innovate and advance the technology our clients rely on to bolster our democracy. A proud unionized employer, we help power the trailblazers, campaigners, and advocates fighting up and down the ticket for equality, racial justice, reproductive freedom, democracy, climate reform, and more—including the national Democratic committees and progressive organizations, thousands of Democratic campaigns, hundreds of labor unions, advocacy organizations, progressive and non-partisan PACs, and other organizations.

Press Contact:
Simone Hassan-Bey
NGP VAN
press@ngpvan.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/ngp-van-overhauls-bulk-upload-making-a-critical-campaign-workflow-faster-and-easier-302874469.html

SOURCE NGP VAN

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