• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Binovi Technologies Q3 2020 Revenue Up, Increasing Top-Line and Gross Margin Results

    1/21/21 9:00:00 AM ET
    $NKE
    Shoe Manufacturing
    Consumer Discretionary
    Get the next $NKE alert in real time by email

    TORONTO, ON / ACCESSWIRE / January 21, 2021 / Binovi Technologies Corp. (Binovi) (TSX-V:VISN I OTCQB:BNVIF | GR:2EYA) a leader in neuro-vision performance technology, reports results for the Company's fiscal third quarter, ended November 30, 2020. The Company's net sales results continue to be affected by the global health crisis. Increased demand for products across multiple categories led to an increase in top-line and gross margin results.

    "Strategically positioned within telehealth, we believe the coming quarters will be pivotal in establishing our reputation and status as a competitor within this rapidly growing marketplace. While we are seeing strong growth across the business, it is important to recognize that we are making big investments in our people and infrastructure that are essential to support the significant growth that lies ahead. This includes big investments in our telehealth SaaS, our provider network, and personnel are critical as we scale the business," stated Executive Chairman, Terry Booth.

    Q3 2020 Financial Highlights:

    • Revenue increased by more than 100% in Q3 2020, in comparison to Q3 2019.
    • A combined $3.12 Million raised through private placement subscriptions with strategic investors.

    Operational Highlights:

    • Since the launch of Binovi, more than 800 organizations have been registered and have used the platform for vision therapy and/or sports vision performance. These organizations have created nearly 31,000 users, together completing more than 400,000 active sessions centered around the Binovi Library list of activities, custom activities created by our member organizations.
    • Advanced the development of the company's web-based telehealth SaaS, Binovi Connect. The beta launch of the platform is planned for Q1 2021.
    • Product marketing continues to grow brand awareness and promote sales, with an increase of 300% in website traffic, with improvements in direct media marketing and general top-of-mind awareness.

    Corporate Milestones:

    • Finalized the acquisition and integration of the VIMA Rev Strobe Lenses under the Binovi umbrella has provided Binovi with an additional toolset to expand its offering. Developed by Nike's (NYSE: NKE) former Global Director of Vision Science and his team of sport science experts, the VIMA Rev Strobe Lenses are an integrated strobe training system that stimulates neuro-cognition through vision training. The lightweight, durable eyewear has been refined over three decades. VIMA's technology is being integrated into the Company's Binovi Product Platform.
    • Announced the strategic expansion into pre-K-12 Education. The expansion is in stride with the Company's "Global and Noble" initiatives directed towards accelerating the development of reading fundamentals. Cognitive literacy skills for students of all abilities from pre-K to grade 3, with continued reading comprehension activities to grade 12, will be advanced through technology-driven vision training protocols.
    • Established the Binovi Connect App, a SAAS based solution, designed for vision optimization which is supported by specialized expert knowledge, unique data insights and supporting hardware to deliver customized, one-on-one cognitive training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training.

    "Q3 was a quarter of outperformance across our key financial metrics, as 2020 continued to be a transformational year for Binovi Technologies," commented company CEO, Adam Cegielski. "Most of our growth is due to the fulfillment of the company's acquisition strategy, remote education and client care products, and the anticipated launch of our direct-to-consumer telehealth SaaS. This has generated strong organic growth and an increasing subscription."

    Q3 2020 Business Highlights:

    • Binovi Appoints Dr. Michael Gallaway to the Binovi Scientific Advisory Board
    • Babe Ruth League Partners With Binovi Technologies in Order to Provide Sport Vision Training to its Youth Athletes
    • Binovi Technologies to Acquire VERA (Visual Efficiency RAting) for School Vision Screening
    • Industry Leader, Binovi Technologies, Announces Upcoming Release of Binovi Connect App
    • Binovi Technologies Executive Chairman, Terry Booth, Provides Corporate Update
    • Binovi Closes Private Placement of $2.05 Million
    • Binovi Appoints Dr. Susan Barry to the Binovi Scientific Advisory Board
    • Binovi Technologies Appoints Olympic & World Champion Jennifer Botterill to Binovi Performance Advisory Board
    • Binovi Closes Private Placement of $1.7 Million
    • Binovi Congratulates the Dallas Stars on Their National Hockey League (NHL) Western Conference Championship
    • White House Fellow (1990-1991), Eric Phillips, Joins Binovi Technologies as Strategic Advisor

    Outlook:

    The Company is focused on revolutionizing the vision training industry by leveraging technology to digitize its delivery to provide both better access to care, through telehealth, which will lead to better health outcomes. Binovi's growth will be largely driven by its network of practitioners, SaaS solution and enterprise partnerships. The company will continue to focus on delivering meaningful shareholder value by executing on its growth strategy through accretive acquisitions, strategic capital allocation and continuing to achieve organic growth across all divisions.

    The Company further announces that, subject to receiving the approval of the TSX Venture Exchange (the "Exchange"), it intends to amend (the "Amendment") the exercise price of 7,843,137 common share purchase warrants originally issued by the Company pursuant to the closing of the equity offering on June 9, 2020 (the "Original Warrants") exercisable into an equal amount of common shares in the capital of the Company ("Common Shares") at an exercise price of $0.25 (the "Warrants") to an exercise price of $0.155 (the "New Exercise Price").

    Each Original Warrant entitled the holder to purchase one common share of the company at a price of $0.25 per common share. A total of 7,843,137 Original Warrants remain outstanding as of this date and are scheduled to expire on June 8, 2022.

    The Corporation is seeking the approval of the TSX Venture Exchange to reduce the exercise price of the Amended Warrants to $0.155 per share or such other price as may be acceptable to the TSX Venture Exchange. As per Exchange Policy 4.1, the Amendment will require the incorporation of an accelerated expiry provision such that the remaining exercise period of the Warrants will be reduced to 30 days if, for any 10 consecutive trading days during the unexpired term of such of the Warrants, the closing price of the Common Shares exceeds the New Exercise Price by 25% or more (which would be a trading price of $0.1875 per Common Share or higher), with the 30-day expiry period commencing on the day the Company either: (i) disseminates a press release or (ii) sends a written notice to the holders of the Warrants, advising of the commencement of the exercise period".

    Insiders of the Company hold 1,435,300 or approximately 18.3% of the Warrants issued pursuant to the June 9, 2020 private placement.

    Certain of the Warrants are held by parties who are considered "related parties" of the Company. Therefore, the amendment of these Warrants constitutes a "related party transaction" as contemplated by Multilateral Instrument 61-101 Protection of Minority Shareholders in Special Transactions and TSX Venture Exchange Policy 5.9 - Protection of Minority Shareholders in Special Transactions. However, since the amendment applies to all of the warrants equally on a per warrant basis, and no related party will receive a collateral benefit in connection with the amendment, the restrictions imposed under Multilateral Instrument 61-101 and TSX Venture Exchange Policy 5.9 do not apply to the amendment.

    For additional information on the Company, please visit https://www.binovi.com/binovi-connect

    @BinoviVISN - Twitter & Instagram

    About Binovi Connect

    Binovi is digitizing the delivery of healthcare by providing users access to all points of their individual performance from their phone, tablet or desktop computer. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort. As a SAAS based solution, the Binovi Connect App is supported by specialized expert knowledge, unique data insights and supporting hardware to deliver customized, one-on-one cognitive training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Binovi is currently used in over 20 countries.

    On behalf of the Board of Directors

    Terry Booth

    Executive Chairman

    Adam Cegielski

    Founder | CEO

    Investor Relations

    Email: [email protected]

    Toll-free: 1 (844) 866-6162

    https://www.binovi.com/investor-reports

    Forward looking information:

    Certain statements contained in this news release constitute "forward-looking information" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedar.com . The Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    SOURCE: Binovi Technologies Corp.

    Get the next $NKE alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NKE

    DatePrice TargetRatingAnalyst
    5/6/2025$80.00 → $70.00Market Perform
    Telsey Advisory Group
    4/30/2025$55.00Overweight → Equal Weight
    Wells Fargo
    4/15/2025$58.00Hold
    Berenberg
    3/21/2025$80.00 → $75.00Buy
    Needham
    3/19/2025Hold
    China Renaissance
    2/24/2025$75.00 → $115.00Hold → Buy
    Jefferies
    2/7/2025$102.00 → $72.00Buy → Neutral
    Citigroup
    1/10/2025$72.00 → $90.00Neutral → Overweight
    Piper Sandler
    More analyst ratings

    $NKE
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Telsey Advisory Group reiterated coverage on NIKE with a new price target

      Telsey Advisory Group reiterated coverage of NIKE with a rating of Market Perform and set a new price target of $70.00 from $80.00 previously

      5/6/25 6:44:04 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE downgraded by Wells Fargo with a new price target

      Wells Fargo downgraded NIKE from Overweight to Equal Weight and set a new price target of $55.00

      4/30/25 8:08:13 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Berenberg initiated coverage on NIKE with a new price target

      Berenberg initiated coverage of NIKE with a rating of Hold and set a new price target of $58.00

      4/15/25 9:00:43 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • NIKE, Inc. Announces Senior Leadership Changes to Accelerate Growth and Drive Win Now Action Plan

      Amy Montagne Becomes President, Nike Phil McCartney Becomes EVP, Chief Innovation, Design & Product Officer Nicole Graham Becomes EVP, Chief Marketing Officer Tom Clarke Becomes Chief Growth Initiatives Officer Heidi O'Neill to Retire NIKE, Inc. (NYSE:NKE) announced a series of strategic changes to its Senior Leadership Team (SLT), elevating experienced leaders to accelerate progress against its Win Now action plan to position the company for future growth. Elliott Hill, President and CEO, NIKE, Inc. and Heidi O'Neill, President of Consumer, Product, and Brand, have decided the Consumer, Product, and Brand leadership will now be divided into three distinct areas: Consumer and Sport, M

      5/5/25 4:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Declares $0.40 Quarterly Dividend

      NIKE, Inc. (NYSE:NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding Class A and Class B Common Stock payable on July 1, 2025, to shareholders of record at the close of business on June 2, 2025. About NIKE, Inc. NIKE, Inc., headquartered near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.

      5/1/25 5:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • DJ van Hameren Joins Arctos as Operating Advisor

      Former Nike CMO and Olympic athlete to provide global brand expertise to professional sports properties as newest member of the Arctos Operating Platform Arctos, a private investment firm that provides bespoke growth capital and liquidity solutions to sports franchises (Arctos Sports) and alternative asset managers (Arctos Keystone), today announced that DJ van Hameren has joined the company as an Operating Advisor. Bringing more than 30 years of executive global brand leadership and stewardship to the role, van Hameren previously served as Chief Marketing Officer of Nike (NYSE:NKE), where he led a global team of more than 2,000 people; managed a multi-billion-dollar operating budget; and

      4/2/25 8:00:00 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • VP: CORP CONTROLLER Nielsen Johanna sold $7,978 worth of Class B Common Stock (138 units at $57.81), decreasing direct ownership by 14% to 844 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      4/25/25 5:07:39 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Director Swan Robert Holmes bought $502,756 worth of Class B Common Stock (8,600 units at $58.46), increasing direct ownership by 37% to 31,983 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      4/7/25 4:05:03 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • EXECUTIVE CHAIRMAN Parker Mark G gifted 11,295 units of Class B Common Stock, sold $12,361,582 worth of Class B Common Stock (169,732 units at $72.83) and exercised 110,000 units of Class B Common Stock at a strike of $56.40, decreasing direct ownership by 7% to 896,632 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      2/18/25 4:26:48 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Swan Robert Holmes bought $502,756 worth of Class B Common Stock (8,600 units at $58.46), increasing direct ownership by 37% to 31,983 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      4/7/25 4:05:03 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Director Rogers John W Jr bought $191,624 worth of Class B Common Stock (2,500 units at $76.65), increasing direct ownership by 8% to 34,403 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      12/30/24 4:16:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Director Swan Robert Holmes bought $226,516 worth of Class B Common Stock (2,941 units at $77.02), increasing direct ownership by 16% to 20,946 units (SEC Form 4)

      4 - NIKE, Inc. (0000320187) (Issuer)

      7/1/24 4:18:02 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Financials

    Live finance-specific insights

    See more
    • NIKE, Inc. Declares $0.40 Quarterly Dividend

      NIKE, Inc. (NYSE:NKE) announced today that its Board of Directors has declared a quarterly cash dividend of $0.40 per share on the Company's outstanding Class A and Class B Common Stock payable on July 1, 2025, to shareholders of record at the close of business on June 2, 2025. About NIKE, Inc. NIKE, Inc., headquartered near Beaverton, Oregon, is the world's leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Converse, a wholly-owned NIKE, Inc. subsidiary brand, designs, markets and distributes athletic lifestyle footwear, apparel and accessories. For more information, NIKE, Inc.

      5/1/25 5:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Reports Fiscal 2025 Third Quarter Results

      NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its third quarter ended February 28, 2025. Third quarter revenues were $11.3 billion, down 9 percent on a reported basis compared to the prior year and down 7 percent on a currency-neutral basis* NIKE Direct revenues were $4.7 billion, down 12 percent on a reported basis and down 10 percent on a currency-neutral basis Wholesale revenues were $6.2 billion, down 7 percent on a reported basis and down 4 percent on a currency-neutral basis Gross margin decreased 330 basis points to 41.5 percent Diluted earnings per share was $0.54 "The progress we made against the 'Win Now' strategic priorities we committed to 90

      3/20/25 4:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Announces Third Quarter Fiscal 2025 Earnings and Conference Call

      NIKE, Inc. (NYSE:NKE) plans to release its third quarter fiscal 2025 financial results on Thursday, March 20, 2025, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE, Inc. management will host a conference call beginning at 2:00 p.m. PT to review results. The conference call will be broadcast live over the Internet and can be accessed at https://investors.nike.com/. For those unable to listen to the live broadcast, an archived version will be available at the same location through 9:00 p.m. PT, April 10, 2025. About NIKE, Inc. NIKE, Inc., headquartered in Beaverton, Oregon, is the world's leading designer, marketer

      2/20/25 5:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    SEC Filings

    See more

    $NKE
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Nike Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits

      8-K - NIKE, Inc. (0000320187) (Filer)

      5/5/25 4:26:26 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • SEC Form 144 filed by Nike Inc.

      144 - NIKE, Inc. (0000320187) (Subject)

      4/24/25 9:39:52 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • SEC Form 10-Q filed by Nike Inc.

      10-Q - NIKE, Inc. (0000320187) (Filer)

      4/3/25 4:23:02 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • SEC Form SC 13G/A filed by Nike Inc. (Amendment)

      SC 13G/A - NIKE, Inc. (0000320187) (Subject)

      2/9/23 11:27:44 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • SEC Form SC 13G/A filed

      SC 13G/A - NIKE, Inc. (0000320187) (Subject)

      2/10/21 11:28:21 AM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary

    $NKE
    Leadership Updates

    Live Leadership Updates

    See more
    • NIKE, Inc. Appoints Treasure Heinle as Executive Vice President and Chief Human Resources Officer

      Monique Matheson, NIKE's long-tenured Chief HR Officer, will retire after 26 years with the company NIKE, Inc. (NYSE:NKE) today announced a change to its Senior Leadership Team (SLT). Treasure Heinle, Chief Talent Officer, will become the company's new Executive Vice President and Chief Human Resources Officer (CHRO). In her new role, Heinle will be responsible for leading the global HR function and managing NIKE's People vision and strategy. She succeeds Monique Matheson who has decided to retire from NIKE after 26 years with the company. This leadership change is effective January 6, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/

      11/25/24 4:15:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • NIKE, Inc. Appoints Long-Time Leaders Ann Miller as EVP, Global Sports Marketing and Rob Leinwand as EVP, Chief Legal Officer

      John Slusher, NIKE's long-tenured Sports Marketing EVP, will retire after 26 years with the company NIKE, Inc. (NYSE:NKE) today announced changes in its Senior Leadership Team (SLT), positioning the company for continued growth and success with a focus on putting sport and athletes at the forefront and driving speed and efficiency. Ann Miller, an accomplished leader with nearly 18 years of experience at NIKE, and currently Executive Vice President, Chief Legal Officer, will assume the role of Executive Vice President, Global Sports Marketing. Miller succeeds John Slusher, who will retire from NIKE later this year after 26 years with the company. "Ann possesses a unique blend of athlete m

      10/30/24 4:30:00 PM ET
      $NKE
      Shoe Manufacturing
      Consumer Discretionary
    • Browning West Requisitions Special Meeting of Gildan Activewear Shareholders to Reconstitute a Majority of the Board of Directors

      Announces Expansion of Slate to Eight Highly Qualified Director Candidates With Strong Track Records of Value Creation, Expertise in Successful Succession Planning, and Relevant Industry and Governance Experience Informs Shareholders That Browning West Has Requested the Special Meeting Be Held Without Delay Urges Gildan's Board to Respect the Will of Shareholders and Not Employ Tactics to Unreasonably Delay Special Meeting Browning West, LP (together with its affiliates, "Browning West" or "we") is a significant, long-term shareholder of Gildan Activewear Inc. (NYSE:GIL) (TSX:GIL) ("Gildan" or the "Company"), beneficially owning approximately 5.0% of the Company's outstanding shares.

      1/9/24 11:15:00 AM ET
      $GIL
      $HBI
      $NKE
      $URI
      Apparel
      Consumer Discretionary
      Clothing/Shoe/Accessory Stores
      Shoe Manufacturing