- SGTM diverts storm-produced natural waste from landfills and transforms it into organic, environmentally-beneficial products
- Q1-2021 financial results show 16.7% YOY increase in revenue, 8.6% YOY increase in gross profit
- SGTM preparing for NASDAQ uplist, recently completed 2-year audit, commenced FORM-10 process to become fully reporting
Before they realized massive financial success, the management at Sustainable Green Team (OTC: SGTM)
, a leading provider of environmentally beneficial solutions for tree and storm waste disposal, prioritized their dedication to the environment. Through its various subsidiaries, SGTM diverts natural waste created by devastating storms and transforms it into organic, environmentally-beneficial products such as gardening mulch and playground surfacing material. What initially started as a small operation offering tree maintenance, debris hauling, removal and disposal services has now grown to a multi-million-dollar operation that provides services to governments across several states and produces products for sale that cross borders.
“At the end of the day it’s important to share that belief that we are stewards of the environment, and that shouldn’t be understated,” said Chief Executive Officer Tony Raynor in a recent interview (https://ibn.fm/N1yx1
). “We really enjoy it, and we’re passionate about what we do.”
For SGTM, providing sustainable solutions to devastating problems has turned out to be massively profitable. The company recently announced its Q1-2021 financial results showing an approximate 16.7% increase in revenue and 8.6% increase in gross profit when compared to 2020 (https://ibn.fm/bM5jE
). The company’s success continues to build upon its previous record-breaking year, marked by a busy storm season, the acquisition of Mulch Manufacturing Ltd. and a rise in lucrative contracts – all of which contributed to a 794% increase in revenue and a 4,817% increase in gross profit (https://ibn.fm/oi8Gm
“Our continued successful recorded financials each quarter and year-end is all thanks to our team,” said SGTM CEO and Director Tony Raynor. “I’m a firm believer that you are only as strong as your team, and our strong growing financials proves such. This year we are anticipating to continue recording strong financials as we start implementing our strategy for 2021.”
Part of that strategy includes an uplist to the NASDAQ, and SGTM is edging closer to that milestone after completing a two-year audit and commencing its FORM-10 process to become fully reporting. This comes at an ideal time where the market for ethical investment continues to make gains – especially among younger generations concerned about the environment. According to a survey featured in Forbes, 60% of millennial-aged investors are willing to sacrifice profits if an investment is ethical, and 83% are considering moving their entire pension into a sustainable portfolio (https://ibn.fm/jN0Kc
SGTM demonstrates dedication to ethical business practices by providing valuable services to storm-stricken communities while diverting waste from landfills and creating products that contribute to the health of the earth. Led by a management team with several decades of next-level experience, the company is proud to offer an ethical investment opportunity that leverages its synergistic business model while being rooted in the company’s enduring commitment to environmental stewardship.
To learn more about Sustainable Green Team Ltd., view the investor presentation at https://ibn.fm/J5bXK
NOTE TO INVESTORS
: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
InvestorWire is part of the InvestorBrandNetwork.