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PUDO Inc. reports FY 2024 results

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TORONTO, June 20, 2024 /CNW/ – PUDO Inc. (“PUDO” or the “Company”) (CSE:  PDO) (OTCQB: PDPTF), today filed audited financial results and operational highlights for the Fiscal 2024 year ended February 29, 2024 (“FY 2024”).

Year over Year

FY 2024

FY 2023

% Change

Revenue from Operations

$3,257,696

$3,834,049

-15.0 %

Gross Profit

$1,295,840

$1,477,774

-12.3 %

Comprehensive loss for the period

($499,676)

($327,812)

51.9 %

* Comprehensive loss position increased 51.9%

Commented Elliott Etheredge, PUDO CEO, “During the second half of 2024, we made some significant accomplishments particularly with the partnerships we entered into with Staples Canada and WISH.  While the annual results were negatively impacted by a customer’s change in their business model for processing returns, we have benefited from increased organic volume from our existing customers.  During the course of the year, we also made significant changes to our cost structure which has substantially strengthened our profitability and cash flow and feel that we are well positioned for FY 2025.”

In FY 2024, returns accounted for 46% of revenue vs. 32.8% in FY 2023. 

PUDO continues to expand the availability and volume of its PUDO Label Return services. By increasing the number of retailers using the solution and partnering with additional SAAS and 3PL providers, the PUDO network is becoming an important part of the e-commerce returns solution.

A complete copy of the audited consolidated financial statements and the Management’s Discussion and Analysis Report for the year ended February 29, 2024, can be found on the CSE website at www.thecse.com and on SEDAR at www.sedar.com .

To signup for the PUDO News Feed please subscribe at https://www.pudoinc.com/en/news.

For more information, please visit www.pudopoint.com 

About PUDO Inc.

PUDO Inc. is North America’s only independent parcel pick-up and drop-off counter network. 

PUDO has created a Network of more than 1,200 storefront partners known as PUDOpoint Counters, strategically located very near to where people live, work and play.

PUDO partners with retailers and logistics providers to offer a last-mile pick-up and returns network for ecommerce shoppers that reduces cost, increases convenience and provides package security to the last-mile of package logistics.  Visit: www.pudopoint.com.

Information in this press release that is not current or historical factual information may constitute forward-looking information within the meaning of securities laws, such as statements regarding estimated revenues from new contracts, increased parcel volume, activation and implementation of PUDO’s technology and possible future expansions of PUDO’s operations. This information is based on current expectations and assumptions of management, including assumptions concerning PUDO’s ability to integrate its new customers into its network and successfully execute on its new and existing contracts. The use of any of the words “anticipate”, “believe”, “expect”, “plan”, “intend”, “can”, “will”, “should”, and similar expressions are intended to identify forward-looking statements. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, without limitation, uncertainties with respect to service implementation, the economic results of the relationship on the operations of the Company, changes in general economic, market, or business conditions, and those risks set out in the Company’s public documents filed on SEDAR. This press release, in particular the information in respect of estimated revenues, may contain future-oriented financial information or financial outlook within the meaning of applicable securities laws. Such future-oriented financial information or financial outlook has been prepared for the purpose of providing information about management’s reasonable expectations as to the anticipated results of its proposed business activities. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by law.

SOURCE Pudo Inc.

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Link Engineering Company (LINK) Receives VCA Authorization for Euro 7 Brake Emissions Type-Approval Testing

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LIMBURG, Germany, July 22, 2026 /PRNewswire/ — Link Engineering Company (LINK) announced that its laboratory in Limburg, Germany, has been authorized by the United Kingdom’s Vehicle Certification Agency (VCA) to conduct witnessed brake emissions testing for vehicle type-approval programs.

This authorization enables LINK to support manufacturers pursuing Euro 7 compliance while expanding its brake emissions testing capabilities. Building on its ISO/IEC 17025 accreditation, LINK was among the first organizations to receive accreditation from DAkkS (Deutsche Akkreditierungsstelle) for brake emissions testing.

As Euro 7 regulations introduce brake particle emissions limits for the first time, vehicle and brake manufacturers require specialized facilities, technical expertise, and accredited testing capabilities to achieve certification. Only a limited number of organizations worldwide possess the equipment, expertise, and recognized accreditations needed to support these programs.

The addition of witnessed type-approval testing capabilities positions LINK as a comprehensive partner for the global automotive and brake industries, offering customers an end-to-end solution from development testing through regulatory certification.

“Achieving VCA approval is a major milestone that underscores LINK’s leadership in brake emissions testing,” said Marco Zessinger, Managing Director, Link Engineering Company GmbH. “Manufacturers are facing new regulatory demands under Euro 7, and they need testing partners with both technical expertise and recognized accreditation. Our Limburg laboratory can now support witnessed type-approval testing, providing customers with a streamlined path to certification while further strengthening LINK’s position as a trusted industry partner.”

About LINK
Link Group, Inc. (LINK), parent to Link Engineering Company, Link Industries, and Tescor, consists of businesses that offer customized solutions, with a focus on delivering high value to each of their customers. Offerings consist of the design and manufacture of customized, high-precision test, research, simulation, quality control, and thermal solution equipment; comprehensive test services; and in the case of Link Industries, customized, high-precision cutting tools. LINK’s corporate headquarters are in Plymouth, Michigan (US), with manufacturing and design facilities, laboratory and vehicle test operations, and support teams around the world.

Established in 1935, LINK prides itself on being family-owned, currently led by the second and third generations of the Link family. As many of our team members have been with LINK for a generation or more, the LINK team is equipped with a wealth of knowledge, providing decades of hands-on experience, creativity, and care, supporting our global customer base with highly-technical solutions.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/link-engineering-company-link-receives-vca-authorization-for-euro-7-brake-emissions-type-approval-testing-302832635.html

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BrighterBalance Named a Gold Friend of CASE in Support of Special Education Leaders Nationwide

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BrighterBalance, a real-time behavioral data documentation platform for K-12 special education and MTSS, has been named a Gold Friend of CASE, the Council of Administrators of Special Education. The designation for companies that support CASE’s work advancing leadership and professional development for special education administrators nationwide.

DULUTH, Ga., July 22, 2026 /PRNewswire-PRWeb/ — BrighterBalance, a real-time behavioral data documentation platform built for K-12 special education and MTSS environments, today announced it has joined the Council of Administrators of Special Education (CASE) as a Gold Friend of CASE. The designation recognizes companies that support CASE’s mission of advancing leadership, advocacy, and professional development for special education administrators nationwide.

“It was like having a second memory, and it made her feel less burned out and more confident in her work with students.” Tania Amerson, Bartow County Schools, Executive Director Special Education

BrighterBalance was built to address a gap that special education leaders know well: the 20 minutes before escalation, the behavior a teacher witnessed and tried to redirect, the patterns that live in notebooks and memory rather than in structured, defensible records. The platform enables educators to log behavioral data in under 10 seconds, captures real-time patterns across the school day, and generates progress monitoring reports ready for IEP and BIP review, without adding burden to already stretched teachers and support staff.

“We are pleased to welcome BrighterBalance as a Gold Friend of CASE. The documentation burden on special education teachers is real, and it is contributing to burnout at a time when we can least afford to lose them. Tools that make real-time behavior capture frictionless and that produce records teachers and administrators can rely on are exactly the kind of innovation our members need. We look forward to seeing BrighterBalance’s impact in CASE member districts.”

Brigid Bright, Associate Executive Director, CASE

Early results from districts reflect the impact at the classroom level. Tania Amerson, executive director of exceptional education, Bartow County Schools, shared what she heard after one semester: “What we heard using BrighterBalance surprised me. It wasn’t just about documentation. It was about feeling supported in the moment. One teacher told me it was like having a second memory, and that it made her feel less burned out and more confident in her work with students. That kind of impact on teacher wellbeing and retention is what we are always looking for.”

“Special education leaders are navigating increasing documentation requirements, growing legal pressure, and a student population with more complex needs than ever before,” said Melissa Cook, Co-Founder of BrighterBalance. “Being a Gold Friend of CASE means we are committed to building tools that serve their teachers and their students.”

The platform’s approach mirrors lessons from academic MTSS, where continuous real-time data has replaced periodic snapshots as the standard for intervention decision-making. BrighterBalance brings that same philosophy to behavioral documentation, giving teachers a mobile-first capture tool that works with the methods they already use and feeds directly into their district’s MTSS infrastructure.

BrighterBalance is currently available to individual teachers and school districts, with enterprise pricing designed to support district-wide adoption. The platform integrates with MTSS platforms including Panorama Education and Branching Minds, and exports structured data compatible with major student information systems.

About BrighterBalance

BrighterBalance is a K-12 behavioral data documentation platform purpose-built for special education and MTSS contexts. Faster than paper and smarter than memory, BrighterBalance gives educators a real-time capture layer that produces defensible, structured records at the classroom level before behavior escalates to the office. BrighterBalance is available at brighterbalance.app.

About CASE

The Council of Administrators of Special Education (CASE) is an international nonprofit professional organization providing leadership, advocacy, and professional development to more than 6,200 administrators responsible for the implementation of IDEA and Section 504. CASE is a division of the Council for Exceptional Children (CEC).

Media Contact

Melissa Cook, BrighterBalance, 1 6784479600, melissa.cook@brighterbalance.app, https://brighterbalance.app/

View original content to download multimedia:https://www.prweb.com/releases/brighterbalance-named-a-gold-friend-of-case-in-support-of-special-education-leaders-nationwide-302831692.html

SOURCE BrighterBalance

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K-Bro Announces Release Date, Conference Call and Webcast for Q2 2026 Financial Results

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(TSX: KBL)

EDMONTON, AB, July 22, 2026 /CNW/ — K-Bro Linen Inc. (the “Corporation”) will release its financial results for the quarter ended June 30, 2026 on Tuesday, August 4, 2026 after market close. The Corporation will hold a conference call and webcast to discuss the results on Wednesday, August 5, 2026 at 9:00 a.m. Eastern Time (7:00 a.m. Mountain Time).

The conference call will include prepared remarks from Linda McCurdy, President and CEO, and Kristie Plaquin, Chief Financial Officer.  After the prepared remarks, the Corporation will accept questions from analysts and institutional investors.

Date:  Wednesday, August 5, 2026
Time:  9:00 a.m. ET (7:00 a.m. MT)
Call:    1-888-510-2154 (Canada and USA)
            437-900-0527 (International)

To join the conference call without operator assistance, you may register and enter your phone number at  https://emportal.ink/4wAkiCY to receive an instant automated call back. 

Participants are asked to call at least 10 minutes prior to the start of the call.  For those unable to participate on the live call, a replay will be made available until August 12, 2026 by dialing 1.888.660.6345 (Canada and USA), passcode 36338.  The public is invited to listen to the live conference call or the replay.

This conference call will be webcast live over the internet and can be accessed by all interested parties at the following https://app.webinar.net/WpVkGB4wN7E 

To listen to the live webcast, visit the Corporation’s website at least 10 minutes early to register, download and install any necessary audio software. For those unable to listen during the live webcast, an audio replay will be available shortly after the conclusion of the conference call for a period of 90 days.

CORPORATE PROFILE

K-Bro is the largest owner and operator of laundry and linen processing facilities in Canada. K-Bro provides a comprehensive range of general linen and operating room linen processing, management and distribution services to healthcare institutions, hotels and other commercial accounts.  K-Bro currently operates eleven processing facilities in eight Canadian cities: Québec City, Montréal, Toronto, Regina, Edmonton, Calgary, Vancouver and Victoria.

Fishers was established in 1900 and is an operator of laundry and linen processing facilities in Scotland, providing linen rental, workwear hire and cleanroom garment services to the hospitality, healthcare, manufacturing and pharmaceutical sectors. Fishers’ client base includes major hotel chains and prestigious venues across Scotland and the North East of England. The company operates five sites in Scotland and the North East of England with facilities in Cupar, Perth, Newcastle, Livingston and Coatbridge.

Shortridge has operated as a family run business since the 1990s and is based in Cumbria, with plants in Lillyhall, Dumfries and a distribution depot in Darlington. It specializes in providing high quality laundry services to local independent hospitality businesses, including hotels, B&Bs, self-catering units and restaurants.

Stellar Mayan (previously known as Star Mayan) is a holding company that owns 100% interests in three operating businesses: Synergy, Grosvenor Contracts and AeroServe. Stellar Mayan is a leading commercial laundry business in England, serving the healthcare and hospitality markets. Typical services offered include processing, management and distribution of healthcare and hospitality linens, including sheets, blankets, towels, surgical gowns and other linen. Star Mayan has seven operating facilities strategically located across England: Bermondsey, Derby, Dunstable, Sheffield, Slough (2), and St. Helens, in addition to a distribution depot in Manchester.

Additional information regarding the Corporation including required securities filings are available on our website at www.k-brolinen.com and on the Canadian Securities Administrators’ website at www.sedar.com; the System for Electronic Document Analysis and Retrieval (“SEDAR”).

K‑Bro est le plus important propriétaire et exploitant de buanderies au Canada. K‑Bro fournit une gamme étendue de services de buanderie aux établissements de soins de santé, hôtels et autres clients commerciaux. K‑Bro exploite actuellement dix usines dans huit villes canadiennes: Québec, Montréal, Toronto, Regina, Edmonton, Calgary, Vancouver et Victoria.

Vous pouvez obtenir des renseignements supplémentaires sur la Société, y compris les documents déposés auprès des autorités de réglementation, sur notre site Web, au www.k-brolinen.com et sur le site Web des autorités canadiennes en valeurs mobilières au www.sedar.com, le site Web du Système électronique de données, d’analyse et de recherche (« SEDAR »).

SOURCE K-Bro Linen Inc.

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