May 2025

Summary of IHT FY 2025 10-K • Business: InnSuites Hospitality Trust operates two mid-service suite hotels (Tucson & Albuquerque), owns 75.9% of the Partnership and a direct 21.9% stake; trades on NYSE-American (IHT) • FY 2025 Revenue: $7.594M (+1% YoY), driven by room ADR up 2.3%, occupancy sl...

Key takeaways from Perma-Pipe’s FY25 10-K: • Business: Global leader in pre-insulated piping systems & leak detection for district energy and oil & gas pipelines. • Financials: 5% sales growth to $158.4m; gross margin up from 28% to 34%; operating margin up to 13%. Net income to common: $9.0m ($1...

Four Leaf Acquisition Corporation (NASDAQ: FORLU) is a blank check SPAC formed in March 2022 to pursue mergers in the Internet of Things (IoT) sector. It raised $54.21 million in its March 2023 IPO, plus a $3.58 million private placement, depositing $55.84 million into a U.S. Treasury trust fund ...

• Business model: National residential solar platform with two segments—Installation (67% of 2024 rev) and New Home Builder packages (33%). • Technology & partners: Albatross ERP, dealer network, installer workforce, third-party financing, and the SunPower Blue Raven acquisition. • 2024 reven...

1st Franklin Financial is a $1.3 billion assets consumer finance company with 369 southeastern branches offering short‐term installment loans, specialty auto loans, and credit insurance. In 2024, finance charges rose 7% to $296.5 million and total revenues climbed 7.5% to $377.8 million, driven b...

Global Star Acquisition, Inc. (NASDAQ: GLSTU) is a blank-check company (SPAC) that raised $94.3 million in its September 2022 IPO to complete a business combination by June 22, 2025. Proceeds were placed in a trust account invested in short-term U.S. Treasuries and money-market funds. In June 202...