ALYI Builds Momentum In Shared Mobility Sector Expected To Reach $777 Billion By 2030

Rhea-AI Summary

On February 15, 2022, Alternet Systems (OTC Pink: ALYI) announced plans to release a progress report regarding its 2022 strategic outlook, aiming for $10 million in organic revenue and a potential stretch goal of $50 million. The company highlighted its commitment to expanding revenue through partnerships within the electric vehicle (EV) ecosystem, particularly in the shared mobility market, projected to grow from $420 billion in 2020 to $770 billion by 2030. A detailed report is set to be published on February 18, 2022.

Positive

• Company targets $10 million in organic revenue with a potential stretch goal of $50 million.
• Partnerships in the EV Ecosystem expected to drive revenue growth.

Negative

• None.

Dallas, Texas, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed the company will publish a progress report update this Friday to the company’s 2022 strategic outlook to reach $10 million in organic revenue with the potential to reach a $50 million stretch revenue goal.

Yesterday, ALYI reported the company’s strategy to generate revenue beyond its electric vehicle sales by tapping into its potential to realize income through its EV Ecosystem partnerships is firming up.

Specifically, the company’s EV momentum within the shared mobility market is demonstrating increased potential to drive ALYI toward its stretch revenue goal.  The shared mobility market reached $420 billion in 2020 and is expected to reach $770 billion by 2030.

Last month, ALYI published a 2022 strategic outlook presentation that explained how the various components of the company’s EV Ecosystem fit together to drive revenue and shareholder value.

The presentation included details on ALYI’s initiative to build EV Ecosystem partners and to add value to its partners, in part with the introduction of investment opportunities for its partners.

This Friday, February 18, 2022, ALYI management will publish a progress report update to its 2022 strategic outlook providing details on how the company’s revenue growth outlook is firming up.

For more information and to stay up to date on ALYI's overall latest developments, please visit www.alternetsystemsinc.com.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Alternet Systems, Inc.
Randell Torno
info@lithiumip.com
+1-800-713-0297

FAQ

What is Alternet Systems' revenue goal for 2022?

Alternet Systems aims for $10 million in organic revenue for 2022, with a potential stretch goal of $50 million.

When will Alternet Systems publish its progress report?

The company will publish its progress report on February 18, 2022.

How is Alternet Systems planning to generate revenue beyond electric vehicle sales?

Alternet Systems plans to generate revenue through partnerships in its EV Ecosystem.

What is the projected growth of the shared mobility market?

The shared mobility market is expected to grow from $420 billion in 2020 to $770 billion by 2030.