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Betolar Plc’s Business Review 1-3/2026: Record-high revenue driven by new projects; push for Metal Extraction Technology continues

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KANNONKOSKI, Finland, April 23, 2026 /PRNewswire/ — Betolar Plc’s Business Review for 1 January–31 March 2026 (unaudited)

This is a summary of the Q1 Business Review, which is in its entirety attached to this release and can be downloaded from the company’s website at https://www.betolar.com/investors

January-March 2026 in brief

Revenue amounted to EUR 441 thousand (164 thousand)Other operating income amounted to EUR 200 thousand (428 thousand)EBITDA amounted to EUR -972 thousand (-1,007 thousand)Cash and cash equivalents and short-term fund investments at the end of the period amounted to EUR 5,181 thousand (10,253 thousand)Liquidity and undrawn grants at the end of the period amounted to EUR 6,148 thousand (12,408 thousand)Order intake amounted to EUR 221 thousand (90 thousand)The number of new NRE projects was 3 (1)The average number of employees was 28 (34)Full year guidance unchanged: revenue for 2026 is expected to increase significantly compared to the previous year

Main events in January-March 

Betolar, Ecograf and GTK collaborate to transform Epanko mine tailings using Betolar’s Metal Extraction Technology (2/2026)Trading in Betolar’s shares begun on 20 January 2026 on the OTCQX International marketplace in the United States (1/2026)Betolar’s Shareholders’ Nomination Committee’s proposals to the Annual General Meeting 2026 (1/2026)Annual General Meeting and the Constitutive Meeting of the Board of Directors on March 18, 2026 (3/2026)

 Main events after the period 

Betolar introduces a solution to protect critical infrastructure from drone and other threats (4/2026)

This business review is not an interim report under the IAS 34 standard. The company complies with the half-yearly reporting requirements of the Securities Markets Act and publishes business reviews for the first three and nine months of the year, which present key information and key figures on the company’s strategy and business development. The figures presented in this business review are unaudited. The figures in brackets refer to the corresponding period in the previous year, unless otherwise stated.

President and CEO’s review

“The start of 2026 was strong. The January–March revenue was all-time high in the company’s history. We made consistent progress across all key business areas and strengthened Betolar’s position as a developer of innovative, low-carbon solutions for critical needs of society.

In Mining & Metals, we received a follow-on order from Anglo American related to our Metal Extraction Technology processing of Sakatti mine tailings. We initiated also collaboration with EcoGraf and Geological Survey of Finland (GTK) to assess the utilization potential of tailings from the Epanko mine. These initiatives demonstrate the strong interest shown in our Metal Extraction Technology by leading global mining industry players, and in addition to these projects, we are actively advancing the demonstration of our technology’s performance at the next scale. During the review period, we also continued the development of cementless and low-carbon mining solutions within customer projects.

In Infrastructure Solutions, we focused on executing the company’s largest project order to date and continued the development of low-carbon and cementless concrete solutions for infrastructure projects. We also introduced a new solution to the market for protecting critical infrastructure, such as electrical substations and, especially, main transformers, against drones and other threats. The solution is based on a preventive approach, Betolar’s materials technology expertise, and the use of locally available materials, and it directly addresses the growing demand for improving the resilience and security of society.

In Circular Materials, business developed positively both internationally and in Finland. In India, blast furnace slag sales continued to grow, and in Finland we launched the sale of blast furnace slag to the concrete industry, enabling broader utilization of low-carbon materials that can be adopted immediately in construction.

Overall, the early part of the year reinforced Betolar’s strategic direction and created a solid foundation for business growth. We will continue our determined efforts to commercialize our technologies, deepen partnerships and bring our solutions to wider market adoption. Infrastructure solutions and the sale of circular economy materials support the company’s short-term revenue generation, while our investments in the development and commercialization of our Metal Extraction Technology support the company’s long-term value creation.

Finally, I would like to thank our customers for their trust, our partners for their excellent collaboration, and all Betolar employees for their committed work towards our shared goals. Together, we are building sustainable growth and solutions that create value both for our customers and society at large.”

Tuija Kalpala

Key Figures

Key indicators for the Group

(EUR thousand,

unless otherwise specified)

1–3
 2026

1–3
 2025

1–12
2025

Financial indicators

Revenue

441

164

946

Other operating income

200

428

1 414

EBITDA1

-972

-1,007

-3,709

Cash and cash equivalents and short-term fund investments (at the end of the period)1

5,181

10,253

6,715

Liquidity and undrawn grants (at the end of the period)1

6,148

12,408

7,681

Operational indicators

Order intake (EUR thousand)1

221

90

2,327

Number of new NRE projects1

3

1

9

Personnel (average number during the financial period)

28

34

32

1) Betolar uses certain indicators (EBITDA, cash and cash equivalents and short-term fund investments, liquidity and undrawn grants, order intake, and number of new NRE projects) as quarterly indicators of operational profitability and business performance. The definitions and calculation formulas of these indicators can be found in the annual report of the company.

Financial reporting

Betolar will publish the following financial reports in 2026:

12 August Half-year Review28 October Q3 Business Review

Betolar’s financial reports are available on the company’s website at www.betolar.com/investors

Webcast for investors and media

Betolar will host a live webcast in English for investors and media on 23 April 2026 at 10.00 Finnish time.

You can follow the broadcast at https://betolar.events.inderes.com/q1-2026

In the English presentation, CEO & President Tuija Kalpala and CFO Mikko Wirkkala will present Betolar’s Business Review and other topical issues. A recording of the event and the corresponding presentation will be available on Betolar’s investor website later in the day at https://www.betolar.com/reports-and-presentations 

Betolar Plc

More information
Tuija Kalpala, CEO & President, Betolar Plc, tuija.kalpala@betolar.com, +358 50 567 6608
Mikko Wirkkala, CFO, Betolar Plc, mikko.wirkkala@betolar.com, +358 50 458 4190

Certified Adviser
Aktia Alexander Corporate Finance Oy, +358 50 520 4098

About Betolar

Betolar is a circular economy and materials technology company. The company develops innovative solutions that transform industrial sidestreams and waste into low-carbon, cement-free products for the mining, metals, and construction industries.

At the core of Betolar’s offering is its groundbreaking Metal Extraction Technology for recovering critical and strategic metals from industrial waste streams and mine tailings. Through its continuously evolving Geoprime® solution, Betolar significantly reduces CO₂ emissions associated with traditional cement use and supports more sustainable mining and construction practices.

Complementing its material innovations, Betolar’s AI-based data platform accelerates solution development and optimizes the utilization of industrial sidestreams. The SidePrime analytics service, built on this platform, identifies and maps opportunities for efficient sidestream and waste utilization, enabling data-driven circular solutions.

Betolar was founded in 2016 and is domiciled in Kannonkoski, Finland. Betolar is listed on the Nasdaq First North Growth Market Helsinki (Helsinki: BETOLAR), and its shares are also traded in the United States on the OTCQX International marketplace 
(OTCQX: BTLRF). For more information www.betolar.com

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

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University of Phoenix Highlights Student Success Stories from President’s and Dean’s List Honorees

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Student reflections from President’s and Dean’s List honorees highlight flexibility, career-focused learning and perseverance while balancing work, family and education

PHOENIX, Sept. 9, 2026 /PRNewswire/ — University of Phoenix is spotlighting the experiences of students recognized on its July 2026 President’s and Dean’s Lists, sharing stories that illustrate the dedication, persistence and personal goals behind their academic achievement. As an extension of the July 2026 recognition, the University hosted a giveaway for President’s and Dean’s List honorees and invited eligible students to join the University of Phoenix subreddit and share what had been most valuable about their educational journeys. Responses submitted as part of the giveaway highlighted themes including flexibility, career-focused learning, and pursuing educational goals while balancing work, family and other responsibilities.

Celebrating Student Achievement Across University Programs

In July, the University recognized 32,416 students for academic achievement through its semi-annual President’s and Dean’s Lists. The President’s List honored 9,496 students who earned a 4.0 grade point average (GPA), while 22,920 students were named to the Dean’s Lists for achieving high academic standing in their programs of study.

“Behind every President’s and Dean’s List recognition is a unique story of commitment, perseverance and purpose,” said John Woods, PhD, provost and chief academic officer at University of Phoenix. “The student reflections shared through this initiative highlight the determination our learners bring to their educational journeys and the many ways they balance academic goals alongside career, family and personal responsibilities. We are proud to celebrate not only their academic achievement, but also the experiences that helped shape their success.”

Key Themes Shared by President’s and Dean’s List Students

The giveaway generated 787 eligible student submissions on the University of Phoenix subreddit, with 30 participants selected to receive University of Phoenix swag boxes.

In reviewing the submissions, the University identified several recurring themes, including:

Flexibility to balance education with work and family responsibilitiesCoursework that aligned directly to career goalsEducational milestones such as becoming the first in a family to earn a college degreeContinued learning through advanced degree programs

Students Share Their Educational Journeys

Derell Vanstory, who recently completed a Bachelor of Science in Business and earned Dean’s List recognition, reflected on balancing school, work and family responsibilities while pursuing his degree. This fall, he plans to pursue dual master’s degrees, an MBA and Master of Health Administration, as he works toward a career in healthcare leadership.

“The most valuable part of my journey at the University of Phoenix has been learning how to stay disciplined and resilient,” said Vanstory. “Balancing school, work, and family responsibilities taught me that success isn’t about having an easy path, it’s about continuing to move forward even when things get difficult.”

Reenae Flores, who is pursuing a Bachelor of Science in Business with a concentration in Human Resource Management, described Dean’s List recognition as a meaningful milestone in her educational journey.

“This recognition represents so much more than a GPA,” said Flores. “It represents late nights after work, balancing family life, pushing through challenges, and refusing to give up on a dream that once felt out of reach.”

Flores shared that the flexibility of her educational experience allowed her to continue growing professionally while remaining present for her family.

Alisha Saffold, who recently completed a Bachelor of Science in Health Management, graduated summa cum laude with a 4.0 GPA, and is continuing her education as a Master of Public Health student, highlighted the value of applying classroom learning directly to her professional goals.

“The most valuable part of my University of Phoenix experience has been learning how to apply what I studied directly to my career and my passion for serving others,” said Saffold. “Every course challenged me to think like a healthcare leader and strengthened my commitment to improving access to preventive care, advancing health equity, and making a difference in underserved communities.”

Academic Achievement Among Working Adult Learners

The experiences shared by President’s and Dean’s List honorees reflect those of many University of Phoenix students who pursue education while balancing work, family and other responsibilities. According to University data, 75.4% of students are employed. In the Encoura + Ruffalo Noel Levitz Priorities Survey for Online Learners, 63% of University student respondents indicated they have caregiving responsibilities, while 91% expressed satisfaction that their chosen program aligns with their career path and that the course format fits into their busy lives.

To support students managing these competing demands, University of Phoenix offers resources including flexible course scheduling, on-demand support and access to its Life Resource Center.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu.

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SOURCE University of Phoenix

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iFlex Stretch Studios Adds Kinotek® 3D Movement Technology to Every Experience

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The assisted stretching franchise combines markerless, AI-driven movement analysis with certified stretch therapist expertise to deliver more personalized programming and enhanced member experiences.

NEWPORT BEACH, Calif., Sept. 9, 2026 /PRNewswire/ — iFlex Stretch Studios, the assisted stretching and mobility brand under Sequel Brands, today announced the addition of Kinotek®’s 3D movement assessment technology across its studio network. The integration provides iFlex stretch therapists with a precise, visual understanding of each client’s mobility, potential asymmetries, and movement patterns to further personalize their stretching experience.

Before a therapist begins a session, Kinotek’s markerless 3D movement assessment captures a client’s body in motion – no markers, sensors, or wearables required. In seconds, the technology analyzes range of motion, symmetry, and movement quality to provide deeper insights into each client’s mobility needs.

Each initial assessment helps establish a personalized stretching plan, with movement data informing AI-supported programming that therapists use to customize sessions, recommend at-home mobility work, and suggest recovery and mobility products aligned with individual goals.

“Assisted stretching has always come down to what a good stretch therapist can see and feel,” said Verdine Baker, Founder of iFlex Stretch Studios. “Kinotek gives our therapists a second set of eyes. It shows them things the human eye may miss and gives clients a clear way to see their progress session over session.”

The rollout follows a period of steady growth for iFlex, which has expanded across Arizona, Texas, Florida, California, Georgia, New Mexico, and Virginia under Sequel Brands while continuing to add franchise territories nationwide. Adding Kinotek across the network builds on the brand’s commitment to a more technology-driven studio experience, following the introduction of AI-supported client communication tools earlier this year.

“Movement health is one of the clearest predictors of how well and how independently people live as they age, and until recently there was no fast, practical way to measure it,” said Dr. Marty Miller, Chief Movement Officer at Kinotek. “iFlex is putting an objective measurement in front of every client and pairing it with therapists trained to act on it. Data plus skilled hands is what actually changes outcomes.”

For clients, Kinotek establishes a baseline at the first visit and enables progress tracking over time through easy-to-understand scored movement reports. The technology transforms mobility improvements into measurable insights, helping clients visualize progress beyond simply feeling better.

The technology is now available at participating iFlex locations, with additional studios rolling out Kinotek in the coming months.

To learn more about iFlex Stretch Studios, book a session, or inquire about franchise ownership, visit www.iflexstretchstudios.com or follow @iFlexStretchStudios on social media.

About iFlex Stretch Studios

iFlex Stretch Studios is a Sequel Brands company and a premier assisted stretching franchise offering personalized, therapist-led sessions designed to improve mobility, flexibility, and overall wellness. Founded in 2022 and acquired by Sequel Brands in 2025, iFlex has expanded from its first Arizona studio to locations across Texas, Florida, California, Georgia, New Mexico, and Virginia under the leadership of CEO Verdine Baker. Each guest begins with a personalized flexibility assessment, with ongoing progress tracking to support customized programming. iFlex is actively expanding franchise opportunities nationwide.

About Kinotek

Kinotek is a movement health company serving fitness, wellness, and medical professionals. Its markerless 3D platform measures a client’s movement in seconds, giving trainers, therapists, and clinicians an objective read on movement health – a leading indicator of longevity – and a way to track progress over time. For more information go to www.kinotek.com.

Media Contact:
Sequel Brands Communications
communications@sequelbrands.com 

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SOURCE iFlex Stretch Studios

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BioEdge Research Labs Advances Transparency in Research Compound Documentation

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US-based research peptide supplier expands access to batch-level analytical documentation for its research-use-only materials, so researchers can verify identity and purity records for the lot they receive. All products are sold for laboratory research use only.

MIAMI, Sept. 9, 2026 /PRNewswire/ — BioEdge Research Labs, a United States-based supplier of research peptides and reference materials, today announced an initiative to advance transparency in how its research materials are documented. The initiative expands researcher access to batch-level analytical records for the company’s research-use-only materials.

Transparency has become a distinguishing factor in the research materials market. Because documentation practices vary from supplier to supplier, laboratory and research customers increasingly look for records they can review and confirm, rather than relying on a supplier’s summary alone. BioEdge’s initiative centers on making batch-level analytical documentation accessible for the material a researcher actually receives.

Accessible Certificates of Analysis

Each lot supplied by BioEdge is paired with its own Certificate of Analysis (COA), and batch-specific COAs are made available on the company’s product pages. Rather than a single certificate carried across multiple production runs, each vial carries a lot number that corresponds to the documentation for that batch, so the record can be matched to the material in hand.

Independent Analysis Behind the Record

The documentation reflects analysis performed by an independent third-party laboratory, covering identity by mass spectrometry (MS), purity by high-performance liquid chromatography (HPLC), and contaminant screening. Because the underlying analysis is conducted by a separate laboratory, the record reflects more than a supplier’s own description of the material.

Records a Researcher Can Match

The emphasis on batch-level records is intended to let a researcher confirm that a document corresponds to the specific lot received. Matching the lot number on the vial to its Certificate of Analysis is a straightforward check, and one that BioEdge’s documentation practices are designed to support across the product line.

Research Use Only

All materials supplied by BioEdge Research Labs are sold strictly for laboratory research and in vitro use by qualified researchers and scientific professionals. They are not drugs, supplements, or medical products.

About BioEdge Research Labs

BioEdge Research Labs is a United States-based supplier of research peptides and reference materials serving laboratory and research customers. The company sources from reputable U.S.-based facilities and supports its research-grade materials with independent third-party analytical testing and batch-specific Certificates of Analysis. Learn more at https://bioedgeresearchlabs.com

Media Contact

BioEdge Research Labs
2751 Biscayne Harbor Drive, Suite 620
Miami, FL 33137
(305) 757-0163
admin@thebioedgeresearchlabs.com

All products sold by BioEdge Research Labs are intended strictly for laboratory research and in vitro use by qualified researchers and scientific professionals. These products are not intended to diagnose, treat, cure, or prevent any disease, are not intended to affect the structure or any function of the body, and are not intended for human or veterinary use, consumption, or self-administration. They have not been evaluated or approved by the U.S. Food and Drug Administration for diagnostic, therapeutic, or preventative purposes. BioEdge Research Labs is a chemical supplier and is not a compounding pharmacy or outsourcing facility as defined under Sections 503A or 503B of the Federal Food, Drug, and Cosmetic Act. BioEdge Research Labs makes no therapeutic claims.

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SOURCE BioEdge Research Labs

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