CAVR (LiveToBeHappy, Inc) Announces 2021 Earnings Release With Forecast for 2022 Showing Record Growth Will Continue Fourth Year in a Row 

Rhea-AI Summary

CAVU Resources, Inc. (OTC: CAVR) reported exceptional performance for 2021, exceeding its revenue forecast, and anticipates doubling revenue in 2022. CEO Kevin Vincent Cox highlighted this as the best revenue year ever, with expectations of tripling growth. The company is focused on long-term growth strategies, including plans to up-list to OTCQB and ongoing acquisitions. CFO Grant Edwards noted the completion of audits for 2019 and 2020, setting the groundwork for future financial accuracy. CAVR is positioned for aggressive growth with two more acquisitions pending, aiming for a diversified revenue base.

Positive

• 2021 revenue exceeded forecasts; best year ever.
• Expectations to double revenue in 2022.
• Completed 5 acquisitions in 2021.
• Plans to up-list to OTCQB.
• Pending acquisitions expected to enhance revenue stream.

Negative

• None.

CHARLOTTE, N.C., March 31, 2022 (GLOBE NEWSWIRE) -- CAVU Resources, Inc. (OTC: CAVR), today announced it released 2021 earnings with fully audited 2019 and 2020 financials. Audited 2021 financials will be released in a few weeks with no material changes expected. The company announced it exceeded its 2021 revenue forecast and expects to double revenue in 2022.

Kevin Vincent Cox, Chief Executive Officer of LiveToBeHappy, Inc., commented, “I’m thrilled with our revenue and profit growth on a year over year audited basis. 2021 was the best revenue year for the company ever, and we’re confident we will double, if not triple it in 2022. If you consider all the investments we’ve made into preparing the company for long-term growth, laying the foundation to up-list to OTCQB, building an M&A pipeline, completing 5 acquisitions, and outperforming financially – it’s stunning! I believe the market will be amazed by our success in 2022 as we continue to grow our core real estate services business, start to realize the gains from thee 5 businesses we acquired in late 2021, and close on additional acquisitions under LOI – stay tuned for additional news early next week as we’re just getting started!” 

Grant Edwards, CFO of LiveToBeHappy, Inc., stated, “As previously reported, we have completed the audit of our 2019 and 2020 Fiscal Years. This audit established the accounting policies and procedures to ensure accurate reporting and comparability for future accounting periods. I am pleased with the progress we have made with our financial reporting process. I expect the 2021 Fiscal Year audit to be complete in the upcoming weeks. At that time, we can finalize our application to list on the OTCQB.”

The company continues its aggressive growth and looks forward to providing timely updates in the coming weeks and months.

About LiveToBeHappy, Inc.

LiveToBeHappy, Inc. is a platform company that acquires undervalued assets and professionally manages them. LiveToBeHappy Inc.’s wholly owned subsidiary, Sinacori Builders, is a residential land development and custom single- and multi-family home builder in Charlotte, N.C. LiveToBeHappy, Inc. has two remaining pending acquisitions under Letters of Intent which are expected to transform the Company into a vertically integrated real estate services company with a broader footprint and more diversified revenue stream. The Company’s mission is to build lives, not just places to live. For more information, please visit our website at www.livetobehappy.com.

Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements, including statements that include the words “expect,” “intend,” “plan,” “believe,” “project,” “forecast,” “estimate,” “may,” “should,” “anticipate” and similar statements of a future or forward-looking nature. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. The Company undertakes no obligation to update or revise any forward-looking statements for any reason, except as required by law.

Investor Contact: IR@LTBH.com

FAQ

What were CAVU Resources' 2021 earnings results and forecasts for 2022?

CAVU Resources reported that 2021 earnings exceeded revenue forecasts, and it anticipates doubling its revenue in 2022.

What is the status of CAVU Resources' financial audits?

The company completed audits for its 2019 and 2020 fiscal years and expects to finalize the 2021 audit soon.

What acquisitions has CAVU Resources completed?

CAVU Resources has completed 5 acquisitions and has 2 more pending under Letters of Intent.

What are the growth plans for CAVU Resources?

CAVU Resources aims for aggressive growth, including a potential up-listing to OTCQB and expanding its real estate services.