Business
SinglePoint Inc and Acquired Solar EPC, Boston Solar, Reports 2021 Combined Pro Forma Financial Statements $18.5M Revenue; Required Regulatory Filing Completed in Preparation for National Exchange Listing
SinglePoint Inc and Acquired Solar EPC, Boston Solar, Reports 2021 Combined Pro Forma Financial Statements $18.5M Revenue; Required Regulatory Filing Completed in Preparation for National Exchange Listing.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\nSinglePoint Inc and Acquired Solar EPC, Boston Solar, Reports 2021 Combined Pro Forma Financial Statements $18.5M Revenue; Required Regulatory Filing Completed in Preparation for National Exchange Listing\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nSinglePoint Inc and Acquired Solar EPC, Boston Solar, Reports 2021 Combined Pro Forma Financial Statements $18.5M Revenue; Required Regulatory Filing Completed in Preparation for National Exchange Listing\nPR Newswire\nPHOENIX, July 7, 2022\n\n\n\n- Pro Forma Financials for The Boston Solar Company Reports $17.691M in 2021 Revenue Resulting in $18.5M in consolidated combined revenue with SinglePoint Inc.\n- The Boston Solar Company Targeting $25M in 2022 Annual Revenue, with revenue of $4.79M (unaudited) recorded in the period ending March 31, 2022\n- Acquisition of Boston Solar Commences Initial Phase of the SinglePoint Inc. 2022/2023 EPC Roll-up Strategy\n- Boston Solar provides comprehensive solar energy services in New England and a Proud Partner of the Boston Red Sox\nStay updated by joining our mailing lists: Industry Updates: JOIN HEREInvestor Updates JOIN HERE\nPHOENIX, July 7, 2022 /PRNewswire/ -- SinglePoint, Inc. (OTCQB: SING) (\"SinglePoint'' or \"the Company''), a renewable energy and sustainable solutions provider, today announced the completion of the required post-acquisition pro forma financial statements of The Boston Solar Company (\"TBSC or Boston Solar\"), achieving over $17.6 million in Annual Revenue for 2021. The total SinglePoint pro forma statements include the audited financial statements for Boston Solar consolidated with the reported SinglePoint Inc. revenue as if the transaction were completed in 2021. Reporting a total combined revenue of $18.5M. The audited historical financial statements and the unaudited pro forma combined financial statements are accessible here.\n\n \n \n \n \n \n \n\n \nBoston Solar is a leading residential, small commercial Solar EPC focused on customers in the greater Boston area that has averaged approximately $15M in Annual R...