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CMMCF does not currently pay a dividend.
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OXE Marine AB (publ) is an enterprise dedicated to the engineering, manufacturing, and global supply of diesel outboard engines for the marine sector. Its flagship product is the OXE Diesel, a robust diesel-powered outboard motor. The company also furnishes a suite of associated systems, such as OXE electronic control units, coast key solutions, integrated display interfaces, and defa technologies. Adopting a direct market strategy, OXE Marine ensures its engines reach individual consumers, authorized dealerships, government organizations, and original equipment manufacturers (OEMs). The…
NEW YORK, June 21, 2021 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the June 17 th International lnvestor Conference are now available for on-demand viewing. REGISTER OR LOGIN NOW TO VIEW THE PRESENTATIONS: https://bit.ly/3zvRyP0 The company presentations will be available 24/7 for 90 days.
NEW YORK, June 14, 2021 /PRNewswire/ -- Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming International Virtual Investor Conference. Individual investors, institutional investors, advisors and analysts are invited to attend.
STOCKHOLM, June 13, 2021 /PRNewswire/ -- The board of directors of OXE Marine AB (publ) (the "Company") convenes an extraordinary general meeting on 28 June 2021 to resolve on an adjusted long-term incentive program for senior executives, replacing the warrant program resolved by the annual general meeting on 16 April 2021. The reason for the board of directors' new proposal is that the theoretical market value for the warrants issued at the annual general meeting, which was determined using the Black & Scholes valuation model, resulted in a significantly higher valuation than in previous incentive programs and that all participants therefore declined to acquire the warrants.
STOCKHOLM, May 10, 2021 /PRNewswire/ --As previously communicated, Magnus Grönborg has been appointed CEO of OXE Marine AB (publ). He will assume the position on 1 July 2021.
STOCKHOLM, April 29, 2021 /PRNewswire/ -- OXE Marine AB (publ) (NASDAQ STO: OXE) (OTCQX: CMMCF) Interim report First quarter 2021 Net Turnover of SEK 10.1 m (SEK 10.3 m) Gross Profit of SEK 2.7 m (SEK 2.4 m) or gross margin of 27% (23%) Operating Loss/EBIT of SEK -21.5 m (SEK -17.6 m) Net loss for the period of SEK -23.8 m (SEK -19.6 m) Order Book amounted to SEK 140.9 m (SEK 139.3 m as at end of Q4 2020) Significant events during the First quarter OXE125-200 model year 2021 granted approval by EPA. Start of assembly of OXE125-200 initiated by ONM in Albany (GA, USA).