ALYI Confirms Company Anticipates Reporting 2021 Rev of $2 M with $50 M 2022 Target

Rhea-AI Summary

Alternet Systems, Inc. (OTC Pink: ALYI) announced an anticipated revenue of $2 million in its upcoming 2021 annual report, stemming from electric motorcycle sales. The company projects $10 million in revenue for 2022 and aims for a total revenue goal of $50 million this year. Additionally, ALYI has published a strategic outlook presentation detailing its electric vehicle (EV) ecosystem designed to enhance revenue and shareholder value. The company cautions that forward-looking statements involve risks and uncertainties that could impact performance.

Positive

• Anticipated revenue of $2 million from electric motorcycle sales in the 2021 annual report.
• Projected $10 million revenue generation from electric motorcycle sales in 2022.
• Targeting an overall revenue goal of $50 million for 2022.

Negative

• Forward-looking statements come with inherent risks and uncertainties that could affect performance.

Dallas, Texas, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Alternet Systems, Inc. (OTC Pink: ALYI) today confirmed the company anticipates reporting $2 million in revenue in the upcoming 2021 annual report resulting from the sale of electric motorcycles. The company expects to generate another $10 million in revenue from the sale of electric motorcycles in 2022 and is targeting an overall stretch revenue goal of $50 million for 2022.

ALYI recently 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.

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 revenue is ALYI expecting to report for 2021?

ALYI anticipates reporting $2 million in revenue for the year 2021.

What is ALYI's revenue projection for 2022?

ALYI projects an additional $10 million in revenue from electric motorcycle sales in 2022.

What is ALYI's overall revenue goal for 2022?

ALYI's overall revenue goal for 2022 is $50 million.

What does ALYI's strategic outlook presentation include?

The strategic outlook presentation includes details on how ALYI's EV ecosystem drives revenue and shareholder value.

Are there risks associated with ALYI's forward-looking statements?

Yes, ALYI's forward-looking statements involve risks and uncertainties that could impact their expected performance.