NetworkNewsBreaks – Sustainable Green Team Ltd.
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Posted On: 11/10/2020 3:22:48 PM
NetworkNewsBreaks – Sustainable Green Team Ltd. (SGTM) Releases Financial Report; Notes More Than $5.9M in Revenue for Q3
Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, has released its financial information, reporting another profitable quarter. A highlight of the report indicates that the company’s revenues have totaled $24.5 million for the first nine months of 2020. Numbers for the report include both the three months ending Sept. 30, 2020 and the nine months ending Sept. 30, 2020. SGTM’s financial totals for the quarter include $5,907,155 in revenue, $422,133 in gross profit and $36,140,923 in total assets, with a strong position of $5,936,798 in cash and liquid investments. For the nine-months period, the company announced $24,544,820 in revenue and $5,503,905 in gross profit. Other highlights of the announcement included notice that SGMT completed a company name and trading symbol change. The company also received permit approval to accept debris and manufacture mulch at its largest state-of-the-art facility as well as IPEMA certification to recycle tree and storm waste into public playground surfacing material, which allows SGTM to enter that a market valued at $4 billion market. “I am proud of our team and the progress we have made this year in achieving these key milestones,” said SGMT CEO and director Tony Raynor in the press release. “We plan to proceed in a similar manner during the remaining quarter and end 2020 on a strong note. In keeping with that aim, we have already completed our two-year audit to commence our Form 10 process, which will enable us to begin 2021 as a fully reporting company and uplist accordingly.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, has released its financial information, reporting another profitable quarter. A highlight of the report indicates that the company’s revenues have totaled $24.5 million for the first nine months of 2020. Numbers for the report include both the three months ending Sept. 30, 2020 and the nine months ending Sept. 30, 2020. SGTM’s financial totals for the quarter include $5,907,155 in revenue, $422,133 in gross profit and $36,140,923 in total assets, with a strong position of $5,936,798 in cash and liquid investments. For the nine-months period, the company announced $24,544,820 in revenue and $5,503,905 in gross profit. Other highlights of the announcement included notice that SGMT completed a company name and trading symbol change. The company also received permit approval to accept debris and manufacture mulch at its largest state-of-the-art facility as well as IPEMA certification to recycle tree and storm waste into public playground surfacing material, which allows SGTM to enter that a market valued at $4 billion market. “I am proud of our team and the progress we have made this year in achieving these key milestones,” said SGMT CEO and director Tony Raynor in the press release. “We plan to proceed in a similar manner during the remaining quarter and end 2020 on a strong note. In keeping with that aim, we have already completed our two-year audit to commence our Form 10 process, which will enable us to begin 2021 as a fully reporting company and uplist accordingly.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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