Before and After the Storm, Sustainable Green Team Ltd. (SGTM) Has It Covered
- Upon acquiring Mulch Manufacturing last year, Sustainable Green Team was established as an integrated group of companies
- SGTM has robust infrastructure designed to alleviate landfill burden from downed trees by processing them into mulch sold to government, residential, commercial clients
- After posting $30.58 million in revenue in FY 2021, SGTM started Q1 on forward looking 12-month run rate of $37.16 million in revenue, $5.6 million in gross profit
How can a tree in a populous Tampa subdivision end up as decorative soft mulch outside a home in Iowa? Easier than one might think through the infrastructure of Sustainable Green Team (OTC: SGTM) and its portfolio of subsidiaries specialized in tree services, debris hauling, biomass recycling, and manufacture of next-generation mulch products as well as specialty cypress lumber. Sustainable Green Team’s vertically integrated operations include Central Florida Arborcare, National Storm Recovery LLC, and Mulch Manufacturing Inc., three brands that speak quite clearly to the corporate mission to reduce environmental impact through responsible handling of tree debris rather than burying it in already over-burdened landfills.
Earlier this month, the miraculous wind power of hurricanes was once again on full display, as Hurricane Elsa, the first Atlantic hurricane of 2021, ripped through Barbados and all the way up the U.S.’s East Coast. A Category 1 hurricane, Elsa was just a toddler compared to a giant like Category 5 hurricane Katrina that flattened New Orleans in 2005, killing over 1,800 people and damaging an estimated 320 million large Gulf Coast trees (https://nnw.fm/nZMl9).
Regardless of a hurricane’s designation, clean-up can take months to complete. Nobody talks much about removal of all the trees and debris in the wake of a storm, but when they go to a landfill, the storm’s negative impact on the planet just gets amplified.
That’s where the expertise of SGTM comes in. Through its subsidiaries and list of governmental, residential and commercial clients, the clean-up is efficient and green. From a mobile command center assessing the damage and plotting a clean-up strategy to truck and rail logistics to create and move feedstock to one of its six production facilities to its retail and wholesale end consumers, SGTM can handle it all. With distribution across the country, that downed tree in Florida will end up a productive part of the economy again—potentially around a prairie rose in Iowa.
Sustainable Green Team under its current moniker and operations has only been around a little over one year. After acquiring Mulch Manufacturing in February 2020 (https://nnw.fm/t6J3w), a rebranding transpired to better represent the direction of the integrated group of companies.
To that end, 2021 got off to a promising start ahead of the start of its hurricane system. During the quarter ended January 31, 2021 (which caught the final month of the 2020 hurricane season), the company reported revenue of $4.55 million and a gross loss of $752,792. The quarterly gross loss was a bit of an outlier considering SGTM reported $30.58 million in revenue and $3.51 million in gross profit for the full year.
In the first quarter, ended April 30, 2021, the numbers jumped to $9.29 million in revenue and $1.4 million in gross profit. On forward-looking basis, that would extrapolate to a run rate of $37.16 million in revenue and $5.6 million in gross profit over the full year.
Based upon reporting history, investors will have to wait until somewhere around early September to see how performance went during the quarter that ends July 31, 2021. That quarter includes the June 1 kickoff of the current hurricane season, while the company moves into the only quarter completely comprised of hurricane months in what is expected to be a busy year for storm activity.
For more information, visit the company’s website at www.CentralFloridaArborcare.com.
NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://nnw.fm/SGTM
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
- Upon acquiring Mulch Manufacturing last year, Sustainable Green Team was established as an integrated group of companies
- SGTM has robust infrastructure designed to alleviate landfill burden from downed trees by processing them into mulch sold to government, residential, commercial clients
- After posting $30.58 million in revenue in FY 2021, SGTM started Q1 on forward looking 12-month run rate of $37.16 million in revenue, $5.6 million in gross profit
How can a tree in a populous Tampa subdivision end up as decorative soft mulch outside a home in Iowa? Easier than one might think through the infrastructure of Sustainable Green Team (OTC: SGTM) and its portfolio of subsidiaries specialized in tree services, debris hauling, biomass recycling, and manufacture of next-generation mulch products as well as specialty cypress lumber. Sustainable Green Team’s vertically integrated operations include Central Florida Arborcare, National Storm Recovery LLC, and Mulch Manufacturing Inc., three brands that speak quite clearly to the corporate mission to reduce environmental impact through responsible handling of tree debris rather than burying it in already over-burdened landfills.
Earlier this month, the miraculous wind power of hurricanes was once again on full display, as Hurricane Elsa, the first Atlantic hurricane of 2021, ripped through Barbados and all the way up the U.S.’s East Coast. A Category 1 hurricane, Elsa was just a toddler compared to a giant like Category 5 hurricane Katrina that flattened New Orleans in 2005, killing over 1,800 people and damaging an estimated 320 million large Gulf Coast trees (https://nnw.fm/nZMl9).
Regardless of a hurricane’s designation, clean-up can take months to complete. Nobody talks much about removal of all the trees and debris in the wake of a storm, but when they go to a landfill, the storm’s negative impact on the planet just gets amplified.
That’s where the expertise of SGTM comes in. Through its subsidiaries and list of governmental, residential and commercial clients, the clean-up is efficient and green. From a mobile command center assessing the damage and plotting a clean-up strategy to truck and rail logistics to create and move feedstock to one of its six production facilities to its retail and wholesale end consumers, SGTM can handle it all. With distribution across the country, that downed tree in Florida will end up a productive part of the economy again—potentially around a prairie rose in Iowa.
Sustainable Green Team under its current moniker and operations has only been around a little over one year. After acquiring Mulch Manufacturing in February 2020 (https://nnw.fm/t6J3w), a rebranding transpired to better represent the direction of the integrated group of companies.
To that end, 2021 got off to a promising start ahead of the start of its hurricane system. During the quarter ended January 31, 2021 (which caught the final month of the 2020 hurricane season), the company reported revenue of $4.55 million and a gross loss of $752,792. The quarterly gross loss was a bit of an outlier considering SGTM reported $30.58 million in revenue and $3.51 million in gross profit for the full year.
In the first quarter, ended April 30, 2021, the numbers jumped to $9.29 million in revenue and $1.4 million in gross profit. On forward-looking basis, that would extrapolate to a run rate of $37.16 million in revenue and $5.6 million in gross profit over the full year.
Based upon reporting history, investors will have to wait until somewhere around early September to see how performance went during the quarter that ends July 31, 2021. That quarter includes the June 1 kickoff of the current hurricane season, while the company moves into the only quarter completely comprised of hurricane months in what is expected to be a busy year for storm activity.
For more information, visit the company’s website at www.CentralFloridaArborcare.com.
NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://nnw.fm/SGTM
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
