SVTE (Service Team Inc.) with QoQ growth and being debt free is breaking out!
About :
Service Team, Inc. is listed on the OTC PINK; Common Stock SEC Reporting; Filing Status Current; Audited Financials
Share Structure:
Authorized Shares 500,000,000 a/o March 23 2016
Outstanding Shares 64,977,703 a/o March 23 2016 (with 8,439,296 shares restricted)
Float: 56,538,407
Transfer Agent:
Pacific Stock Transfer Co.; http://www.pacificstocktransfer.com; 6725 Via Austi Pkwy, Suite 300 Las Vegas, NV 89119
Tel: (702) 361-3033 / (800) 785-PSTC Fax: (702) 433-1979
The Company had sales of $2,611,766 for the fiscal year ended August 31, 2015, compared to $1,334,127 during the fiscal year ended August 31, 2014, an increase of $1,277,639 or 95%. All of the sales are generated by Trade Leasing, Inc.; http://www.otcmarkets.com/stock/SVTE/financials
Revenue based on audited SEC filings:
Revenue Q1 2016 = $925k (positive net profit $115k)
Revenue 10k 2015 = $2.6 mln
Revenue 10k 2014 = $1.3 mln
Company shows impressive growth since 2013 when Trade Leasing got aquired.
100% increase in annual sales between 2013 and 2014.
First Q of 2016 is almost equally impressive - $925k Q1 2016 and $554k Q1 2015.
Based on recorded numbers we can project around $4M in annual sales for 2016 (company moved to bigger facility last fall of 2015 to continue its growth).
Company would have to trade at pps $0.07 to have market cap $4mln.
Based on already recorded revenue of $2.6M for 2015 and ratio 1, OS 60M, fair market cap should be around $2.6M which give us pps $0.04+.
Service Team Inc. Business Model and Description:
Service Team Inc. is a public company with its stock listed on the OTCQB using the symbol (SVTE). Trade Leasing, Inc., a California corporation, was incorporated on November 1, 2011, and commenced business January 1, 2013. Trade Leasing, Inc. is principally involved in the manufacturing, maintenance and repair of truck bodies. The Company, doing business as Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team (SVTE) acquired 100% of Delta Stag in June of 2013, and since that time has maintained a sustained growth of more than thirty percent (30%) per year.
Trade Leasing Division/Delta Stag is involved in the manufacture and repair of truck bodies. The company operates a complete manufacturing and repair facility in South Gate, California. It manufactures both custom and standard production truck bodies in approximately 70 different models designed to fill the specialized demands of the user. The vans are available for hauling dry freight or refrigerated freight. The refrigerated vans are built with two to four inches of foam insulating that is sprayed in place for hauling refrigerated products such as meats, vegetables, flowers and similar products.
The Company's customers are auto dealers and users of trucks; such as dairies, food distributors and local delivery. The company has approximately 400 customers. The company is well diversified with only one customer, South Bay Ford, who represented more than 10% of sales in the last 12 months. The company is not dependent on a few major customers. Trade Leasing Inc. employs 23 factory workers and three management personnel. The management personnel make all of the sales and manage the factory. The company has all of the government licenses necessary to conduct its business.
Service Team (SVTE) offers its customers the following benefits:
• In house quality control over each stage of production.
• Large parts inventory and repair location can quickly return trucks to service.
• The latest in modern equipment to ensure consistent quality and reduce replacement costs.
• Multiple large production facilities to expedite orders and meet your customers needs.
• Exclusive Manufacture's Warranty.
About :
Service Team, Inc. is listed on the OTC PINK; Common Stock SEC Reporting; Filing Status Current; Audited Financials
Share Structure:
Authorized Shares 500,000,000 a/o March 23 2016
Outstanding Shares 64,977,703 a/o March 23 2016 (with 8,439,296 shares restricted)
Float: 56,538,407
Transfer Agent:
Pacific Stock Transfer Co.; http://www.pacificstocktransfer.com; 6725 Via Austi Pkwy, Suite 300 Las Vegas, NV 89119
Tel: (702) 361-3033 / (800) 785-PSTC Fax: (702) 433-1979
The Company had sales of $2,611,766 for the fiscal year ended August 31, 2015, compared to $1,334,127 during the fiscal year ended August 31, 2014, an increase of $1,277,639 or 95%. All of the sales are generated by Trade Leasing, Inc.; http://www.otcmarkets.com/stock/SVTE/financials
Revenue based on audited SEC filings:
Revenue Q1 2016 = $925k (positive net profit $115k)
Revenue 10k 2015 = $2.6 mln
Revenue 10k 2014 = $1.3 mln
Company shows impressive growth since 2013 when Trade Leasing got aquired.
100% increase in annual sales between 2013 and 2014.
First Q of 2016 is almost equally impressive - $925k Q1 2016 and $554k Q1 2015.
Based on recorded numbers we can project around $4M in annual sales for 2016 (company moved to bigger facility last fall of 2015 to continue its growth).
Company would have to trade at pps $0.07 to have market cap $4mln.
Based on already recorded revenue of $2.6M for 2015 and ratio 1, OS 60M, fair market cap should be around $2.6M which give us pps $0.04+.
Service Team Inc. Business Model and Description:
Service Team Inc. is a public company with its stock listed on the OTCQB using the symbol (SVTE). Trade Leasing, Inc., a California corporation, was incorporated on November 1, 2011, and commenced business January 1, 2013. Trade Leasing, Inc. is principally involved in the manufacturing, maintenance and repair of truck bodies. The Company, doing business as Delta Stag, is a manufacturer of commercial truck bodies and truck parts in the Southern California area. Service Team (SVTE) acquired 100% of Delta Stag in June of 2013, and since that time has maintained a sustained growth of more than thirty percent (30%) per year.
Trade Leasing Division/Delta Stag is involved in the manufacture and repair of truck bodies. The company operates a complete manufacturing and repair facility in South Gate, California. It manufactures both custom and standard production truck bodies in approximately 70 different models designed to fill the specialized demands of the user. The vans are available for hauling dry freight or refrigerated freight. The refrigerated vans are built with two to four inches of foam insulating that is sprayed in place for hauling refrigerated products such as meats, vegetables, flowers and similar products.
The Company's customers are auto dealers and users of trucks; such as dairies, food distributors and local delivery. The company has approximately 400 customers. The company is well diversified with only one customer, South Bay Ford, who represented more than 10% of sales in the last 12 months. The company is not dependent on a few major customers. Trade Leasing Inc. employs 23 factory workers and three management personnel. The management personnel make all of the sales and manage the factory. The company has all of the government licenses necessary to conduct its business.
Service Team (SVTE) offers its customers the following benefits:
• In house quality control over each stage of production.
• Large parts inventory and repair location can quickly return trucks to service.
• The latest in modern equipment to ensure consistent quality and reduce replacement costs.
• Multiple large production facilities to expedite orders and meet your customers needs.
• Exclusive Manufacture's Warranty.
