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Business Warrior Reports 1,331% Annual Financial Growth
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Business Warrior Corporation (OTC: BZWR) announced a remarkable 1,331% revenue growth year-over-year, totaling $5.5 million for the fiscal year ending August 31, 2021. The company secured a new $5 million contract with fintech partner EVRGRN, enhancing its collaboration with elev8 Advisors Group to develop funding solutions for small businesses. Additionally, Business Warrior reported over $1.2 million in profit, significantly exceeding profitability forecasts. With a 2,600% revenue increase in Q4, the company is poised for substantial growth in 2022.
Secured a $5 million contract with EVRGRN to enhance business offerings.
Achieved over $1.2 million in profit, 18 months ahead of forecast.
2,600% revenue increase in Q4 compared to last year.
Expansion of partnerships with elev8 Advisors Group to drive growth.
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The company is expanding multi-million dollar partnership with elev8 Advisors Group
PHOENIX--(BUSINESS WIRE)--
Business Warrior Corporation (OTC: BZWR), the source for small businesses in America to get more customers, has shared results for its fourth quarter and end of year financials, announcing a 1,331% revenue growth compared to the previous year. Additionally, Business Warrior won a new five million dollar contract with fintech company, EVRGRN. This move will expand their offering and partnership with elev8 Advisors Group to support the growth of small business funding solutions.
Business Warrior reports 1,331% annual growth year-over-year. Read the full release for more details. (Graphic: Business Wire)
The new $5 million agreement with EVRGRN will allow Business Warrior to provide marketing and sales support to accelerate the growth of the combined funding solutions provided by the three companies (Business Warrior, elev8 and EVRGRN). EVRGRN, an up and coming fintech company, provides loan services and technology for its lending partners, including Business Warrior and elev8. EVRGRN processed more than four million PPP loan applications, which resulted in $17.4 billion worth of funding.
Full Year Financial 2021 Results
Business Warrior released its fourth quarter and full financial results on November 30, 2021.
Highlights of the annual financial results for the fiscal 2020 year ending August 31, 2021:
Total income: $5.5M
Year-over-year income growth: 1,331%
Over $1.2M in profit, which is 18 months ahead of the Company’s original forecast
The largest contributor to the company’s income was partner-driven revenue, which will continue to grow in 2022 with the expansion of the elev8 relationship.
Business Warrior posted a strong fourth quarter with a revenue increase of 2,600% compared to last year. The healthy quarter propelled the annual results greatly ahead of the company’s plans, placing them on a catapulted trajectory heading into 2022.
“2021 marked a historic year for Business Warrior. Not just our revenues, but the fact that we are 18 months ahead of our profitability forecast,” said Rhett Doolittle, CEO and Chairman of BZWR. “We’ve always known that our business model allows for massive results and this year’s performance highlights what our team is capable of.”
Business Warrior Funding
Business Warrior and elev8 Advisors Group have expanded their partnership in order to accelerate their presence in the small business lending marketplace. The two companies have been working in tandem to create better solutions to small business owners beyond merchant cash advances and traditional banks. Their combined solution is just days away from launching to the public, which represents an incredible growth channel for both organizations in 2022 and beyond.
“elev8 Advisors Group is passionate about what Business Warrior is doing to help small businesses,” said Adam Spencer, the Managing Partner of elev8 Advisors Group. “Now with EVRGRN, we have expanded into creating a full service funding offering. Leveraging our expertise within the capital markets and technology sectors, EVRGRN is able to efficiently get money into the hands of hard working entrepreneurs.”
Business Warrior’s incredible year-over-year revenue growth, new small business funding solution, the expansion of successful partnerships, and a new $5M contract will position the company for exponential growth heading into 2022.
About elev8 Advisors Group
elev8 Advisors Group is an omni-channel and tech-directed thought leader in the payments and fintech space. elev8 advises the industry’s boldest creators of big ideas, while advising those creators' innovations in advancing the industry’s newest trends disrupting the Payments and Fintech ecosystems. The team is changing the perception of financial consulting and its traditional episodic engagements, to the idea of creating cultures of long-term strategic partnerships and collaboration. To find out more, visit elev8withus.com.
About EVRGRN
EVRGRN is a fintech company focused on servicing, technology and distribution for their lending partners. The company was founded in 2019 and had an impressive first year in providing loan servicing solutions during the Paycheck Protection Program, where they processed 1.1 million loans, for a total of $17.4 billion dollars in funding. EVRGRN offers a wide combination of solution sets supporting client-centric models while focusing on providing their partners with leading edge technology. To learn more, visit https://www.goevrgrn.com/.
About Business Warrior
Business Warrior is the source for small businesses in America to enhance their brand and boost marketing results. The Business Warrior software takes a holistic view of a business’s online reputation, listings, website search results and social media. Predictive algorithms are utilized to recommend the most imperative actions needed to drive new customers, positively impact daily operations and improve profitability. For more information, please visit businesswarrior.com.
Forward Looking Statements:
This press release and the offering materials may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Forward-looking statements are neither historical facts nor assurances of future performance. They are based on the current beliefs of, assumptions made by, and information currently available to the company's management regarding the future of the company’s business, future plans and strategies, anticipated events and trends, the economy and other future conditions. When used in the offering materials, the words "aim," "estimate," "project," "believe," "anticipate," "intend," "envision," "estimate," "expect," "future," "goal," "hope," "likely," "may," "plan," "potential," "seek," "should," "strategy," "will" and similar references to future periods are intended to identify forward-looking statements, which constitute forward looking statements. These statements reflect management’s current views with respect to future events and are subject to inherent risks, uncertainties and changes in circumstances that are difficult to predict (many of which are outside of the company's control) and could cause the company’s actual results to differ materially from those contained in the forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. All subsequent written and oral forward-looking statements concerning the company, the offering or other matters, are expressly qualified in their entirety by the cautionary statements above. The company does not undertake any obligation to revise or update these forward-looking statements to reflect events or circumstances after such date or to reflect the occurrence of unanticipated events.
