Business
SinglePoint Inc. Announces Updated Q4 2021 Revenue Milestones and Annual Revenue Projections for Solar-Centric Businesses for FY2022
SinglePoint Inc. Announces Updated Q4 2021 Revenue Milestones and Annual Revenue Projections for Solar-Centric Businesses for FY2022.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\nSinglePoint Inc. Announces Updated Q4 2021 Revenue Milestones and Annual Revenue Projections for Solar-Centric Businesses for FY2022\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\n\n\n\n\n\nSinglePoint Inc. Announces Updated Q4 2021 Revenue Milestones and Annual Revenue Projections for Solar-Centric Businesses for FY2022\n- Company's subsidiaries, EnergyWyze and Direct Solar of America, ramping up residential and industry B2B sales targeting $1,500,000 in monthly revenue within Q4 2021.\n- FY2022 annual revenue projections for solar-centric businesses increased to $20,000,000 USD.\nPR Newswire\nPHOENIX, Aug. 26, 2021\n\n\n\nPHOENIX, Aug. 26, 2021 /PRNewswire/ -- SinglePoint Inc. (OTCQB: SING) (\"SinglePoint\" or the \"Company\"), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today provided an update on forward-looking revenue guidance goals for the Company's solar-centric subsidiaries for Q4 2021, targeting annual revenue projections of $20,000,000 USD for the existing solar business units in FY2022. The Company continues to target opportunities in exponentially growing markets with significant government support within solar as the domestic market is expected to reach $223 Billion by 2026. \n\n \n \n \n \n \n \n\n \nFY2021 Q4 and FY2022 Solar Business Segment Outlook and Revenue Guidance\n\"We are diligently working to execute on collaborative revenue producing projects within our existing solar business divisions and we believe there are significant amounts of synergistic opportunities ahead. We expect revenues to grow throughout the remainder of 2021 and continue to increase in FY2022 with the potential to surpass $20,000,000 in organic annual revenue next year,\" commented Wil Ralston, CEO SinglePoint. \"We have built a strong foundation within our solar business, anchored by EnergyWyze and Direct Solar America, and we intend to execute on our previously announced strategic M&A growth plan to add scale, incremental sales and to broaden our footprint throughout the remainder of th...