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NAV is defined as total assets minus total liabilities and is also reported on a per share basis. To provide more context, one panel we received very positive feedback on this year was focused on M&A bestpractices for add-on acquisitions.
Operator instructions] With us today are Francis Dufay CEO of Jumia; and Antoine Maillet-Mezeray, executive vice president, finance, and operations. Building on this momentum, disciplined cost management combined with recent reductions in finance costs reduced our quarterly cash burn from $19.1 We'll start by covering the safe harbor.
Joining me today are Dr. Garo Armen, chairman and chief executive officer; Dr. Steven O'Day, chief medical officer; and Christine Klaskin, vice president of finance. This morning, we announced that we entered into $100 million royalty financing agreement with Ligand Pharmaceuticals. Dr. Should you invest $1,000 in Agenus right now?
On the shelf offering that we have, obviously, that's the bestpractice to have a good chunk of offering for many reasons. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Reuven, I don't know if you want to add few words into that.
This quarter, we launched Intuit for Education, a new financial literacy program to provide Gen Z and Gen Alpha students access to Intuit products and teach them personal and small business finance skills. The short answer is we capture bestpractices and share the insights on a daily basis across our teams.
With us today are Mr. Eduardo De Salles Bartolomeo, chief executive officer; Mr. Gustavo Pimenta, executive vice president of finance and investor relations; Mrs. Deshnee Naidoo, CEO of Vale base metals; Mr. Carlos Medeiros, executive vice president of operations. On top of that, our discipline in capital allocation remains pristine.
This can be done by conducting a business valuation, which is an objective and comprehensive analysis of your business’s financial performance, assets, liabilities, risks, and opportunities. Conduct a Business Valuation The first step in increasing the value of your business is to know its current value.
as chief marketing officer, after spending 27 years at Taco Bell in various finance, marketing, insights, and brand strategy positions. KFC gathered marketing leaders, franchise partners, and vendors from around the world to share bestpractices and consumer insights to keep our iconic brand R.E.D,
We're on track to fully deliver in line with guidance on all aspects of the combination through efficiencies, cost synergies, and free cash flow impact leveraging operational bestpractices from Aon business services. Christa Davies -- Executive Vice President, Global Finance and Chief Financial Officer Thanks so much, Elyse.
NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. Topics covered in the most recent meeting included sales generation techniques, executive coaching and culture building, cybersecurity bestpractices, operational optimization, and industry-oriented breakout groups.
Just like in our consumer business, we have seen good growth in customers seeking the benefits of both our physical and our online capabilities and our talent, and also the care of our talented relationship managers who provide financing solutions and advice for our clients with global needs. Moving to deposits.
Speaking of progress, we have advanced in the financing portion of the transaction. We see the strong support through the extension of bank financing commitments to seven more high-caliber financial institutions. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
With that, I'd like to turn the call over to Jack Grant, senior director of investor relations and strategic finance. Jack Grant -- Senior Director, Investor Relations and Strategic Finance Thanks, operator. Jones Road used many of the bestpractices we see working more broadly across the industry. million of cash.
Staying with the topic of governance and consistent with corporate bestpractice, we've maintained a regular cadence of board refreshment. billion of deferred fuel balances that we've been financing with short-term debt during 2023. Fourth, we expect approximately $0.15
The Strata Copilot trained on nearly 50,000 vetted sources, leverages bestpractices to help guide customers to faster decisions and help accelerate remediation. In Q1, we focused our PANFS financing capability on transaction where it was best suited, resulting in a meaningful reduction in the volume of these transactions.
The lean resource profile and creative financing structure of Neovasc made for a complex integration process, and it was a heavy workload for our team. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. This past quarter, we closed our acquisition of Neovasc.
We are focused on helping customers move from AI experimentation to production faster with bestpractices that reduce risk and maximize impact. million in capital expenditures and principal repayments of finance lease liabilities, free cash flow was $22.9 Operating cash flow in the fourth quarter was $50.5
We also believe our copilots across our three platforms, which are context-aware, can perform and automate user action, surface alerts and bestpractices, and provide in-product support, all with near perfect accuracy. Question for Dipak or Nikesh on finance receivables. So, finance receivables, up 34% sequentially.
Our trucks meet and exceed Federal Motor Vehicle Safety Standards and United Nations Global Technical Regulations 20 standards, as well as meet the industry bestpractices, including the Society of Automotive Engineers, the International Organization for Standardization, and the Underwriters Laboratories.
We are seeing great early feedback from our partnership with AWS Code Whisperer, the AI-powered coding companion that is now trained on MongoDB data to generate code suggestions based on MongoDB's bestpractices from over 15 years of history. Operating cash flow in the third quarter was $38.4 The Motley Fool has a disclosure policy.
With Amplitude, SketchUp will be able to enact PLG bestpractices, everything from encouraging free to paid upgrades, keeping users engaged after the initial learning curve, and identifying churn as it happens. He has had senior finance roles across ServiceNow, Oracle, and HP. Koji Ikeda -- Analyst Gotcha, gotcha.
But we had good issuance and loan growth in financing and securitization, an area which generates attractive returns. We continue to feel very good about the strength of our balance sheet and the quality of our assets and liabilities, which position us to be a source of strength for the industry and importantly for our clients.
As a defined benefit pension with liabilities that stretch decades into the future, Ontario Teachers’ remains focused on delivering consistent investment returns over the long term. 3 Comprises investments less investment-related liabilities. billion) include net investments and other net assets and liabilities of $2.7
Combining the teams, their technologies and bestpractices, as well as their complementary geographical footprint, should compound constructively to the benefit of our shareholders. Financing Details Our ABL facility has been amended to, among other things increase the maximum borrowing availability to $125 million.
Look, I'll handle the first part of that and kick it over to Ken to talk about financing. Maybe if you can expand on which bestpractices do you think you can bring over to the organization from topping from your past experience from, let's say, UPS. Kirk Tanner -- President and Chief Executive Officer Yes. Thanks, Jon.
The goal of Agent IQ is to make our people extremely productive by helping them learn from bestpractices across our call center. billion in the second quarter, driven by the issuance of $750 million in senior notes, as well as $750 million of incremental MSR financing capacity. billion, up from $3.2
We're also able to leverage our own data and bestpractice documentation to assist our engineering teams and to provide an easily accessible natural language interface over our data analytics platform. It's not just our core businesses like home search, purchase, servicing, refinance, title, personal finance.
His breadth of international finance, marketing, board, and management experience will provide the company valuable insights as we seek to accelerate our geographic expansion and remain steadfast in our commitment to good corporate governance. Our board intends to nominate Eric Etchart as nonexecutive chair following Greg's departure.
Gulf Coast, the Golden Triangle Polymers joint venture has project financing in place. The Ras Laffan petrochemical joint venture expects to complete project financing later this year. Is it a, you know, bestpractice in one location being expanded, an overall centralized look at the cost structure? On the U.S.
His contributions to Warner Music Group and leadership of the finance team have been measurable. So, I would say speculating on those is probably not the bestpractice. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. Thanks so much.
Growth on a per share basis absorbed negative impacts of approximately 7% in financing costs and another 1% from FX. I'll just remind you that included 7% headwind from financing in the year. Financing headwinds in that is about 100 basis points. and approximately 6.5% on an FX-neutral basis. Moving on to Slide 11.
In today's global economy where scale and speed matter, shared services are often the best way to pool our resources and promote bestpractices. We already made moves in this direction by centralizing our technology, finance, and business development teams last year. The Motley Fool has a disclosure policy.
Bringing people and process together drives further efficiency and enables us to scale bestpractices. And it also gives our leaders -- client leaders and brokers the best insight of the market dynamics. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
By selectively applying industry bestpractices, we expect to build the operational foundation that will drive future revenue growth and margin expansion. Total debt outstanding increased slightly to $91 million and included $54 million on our revolver, $34 million on our variable interest entity, and $3 million for tool financing.
But what the industry needs in order to improve steadily in 2025 is improved quality, improved service, better and more stable financing options. Just on the safe harbor, if I could pick up from that, but do you know if the safe harbor is financed to third parties or directly to the companies or [Inaudible]? They're all required.
Finance costs were 2.8 It's a truly global business, globally distributed, globally different practices. Of course, we try to share bestpractices and learnings between the big development studios that have created these enormous -- these successful games. Operating profit was 32.6 billion renminbi, up 38% year on year.
The Okta Secure Identity commitment extends even further to champion customer bestpractices that enable our customers to be highly protected and elevate our industry to be more secure from identity attacks. So, a nice job by the finance team predicting that. We want our customers to benefit from our depth of experience.
We believe that EPAM performance in 2023 reflects our ability to navigate volatile demand growth simultaneously, and simultaneously is the key word here, financed by both geopolitical and macroeconomic conditions. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
Finance lease originations were $15 million, and as a percentage of revenue, capital expenditures and lease originations declined to 5% of revenues, indicative of disciplined management of our capital expenditures and leasing commitments. We need to apply that here. The Motley Fool has no position in any of the stocks mentioned.
It required a remarkable degree of collaboration and communication across a huge swath of our team, including marketing, stores, digital, financial services, merchandising, technology, and finance teams. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.
Unfortunately, Barb had a full day today as she was testifying in the Standing Committee of Finance but Zandra suggested I talk to UPP's CIO Aaron Bennett and that's exactly what I did earlier today. Her tireless efforts as an ambassador for defined benefit pensions and a sustainable finance advocate are an inspiration for us all at UPP.
These deferred payment terms are delivered in the form of annual billing plans and through our PANFS financing capability. And using bestpractices, we are able to give them the right policy configuration, ask the customer to review the policy changes or apply them. The Motley Fool has a disclosure policy.
Most recently as senior vice president in finance at PayPal, Cosmin brings decades of senior financial leadership and a proven track record of scaling organizations in complex global environments. So, it may be the fullest version of our capabilities that is our full platform, plus integrated financing that we provide via a partner.
And in more disruptive markets like people have experienced over the last year, you get more people thinking about innovative ways to finance. But we've got to keep going out there and finding the best product and developing the partnerships and proving that that's a really innovative and effective way for these companies to finance.
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