SinglePoint Inc. (SING) Soars to New Heights as Revenue up 190%, Company Anticipates Increased Commercial Client Solar Installations

March 27, 2020 11:18:09
  • SinglePoint Inc. recently posted $3.3 million revenue in preliminary annual results, showing a 190% increase from the previous year
  • Sales projected to reach triple-digit growth as SING establishes financial partnerships for commercial clients
  • Solar installations for Q3 2019 up 45% from previous year, according to the Solar Energy Industries Association

SinglePoint Inc. (OTCQB: SING) continues to ride the rising waves of the solar industry, posting more than $3.3 million in revenue in the company’s preliminary unaudited annual results—showing a 190% increase from 2018 to 2019. With $2 million of that revenue directly derived from its subsidiary Direct Solar of America, the diversified holdings company anticipates significant and sustained growth for 2020 and beyond, during what many industry analysts, investors and fans are now calling ‘the decade of solar’ (http://cnw.fm/uz3CX).

Growth for SinglePoint’s residential-solar segment is expected to continue from the addition of incremental revenue through market expansion, in addition to cultivating and closing revenue opportunities in established markets. “The sky is the limit,” SING CEO and founder Greg Lambrecht stated during a…

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NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

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