$SGTM Corporate Priorities:
The Company’s 2023 corporate priorities are aimed at bridging the gap SGTM believes exists between the value of its business and its value as reflected in the equity markets, include:
Identifying and prioritizing revenue-producing business opportunities and expansions that would be expected to drive growth and success. With a focus on cash flow management and EBIDTA, the Company will carefully evaluate potential opportunities and select those that align with our long-term objectives and provide the greatest potential for success. This may involve acquiring companies within the Company’s industry throughout the nation to increase revenues and efficiencies. Furthermore, SGTM will continue to secure new and current contracts through its subsidiaries and partnership increasing revenue.
Become fully reporting with the SEC under the Exchange Act of 1934, providing optimal transparency to its loyal shareholders, and increasing market liquidity.
Developing a strategy for efficiently acquiring capital for long-term growth. This may involve seeking out partnerships, seeking investments or utilizing debt financing. By increasing the access to efficient capital, SGTM will be better positioned to scale the business.
Launching its new software, Acumatica, to optimize and assist efficiency internally. This software was obtained in September 2021 and has since been configured to the Company’s needs. Acumatica will maximize resources, reduce costs, and improve profits thanks to an extensive suite of connected and mobile business applications that assist in production, estimating, engineering, material planning, scheduling, product configuration, and manufacturing data collection.
Continuously monitoring market conditions and refining the strategy as needed to ensure that the Company remains competitive and well-positioned for growth. SGTM is committed to staying nimble and responsive to new opportunities and challenges.