Deep Green Waste & Recycling I - DGWR STOCK NEWS

DEEP GREEN Waste & Recycling (OTCQB: DGWR) has announced an agreement to acquire Franklin Tucker , which owns and operates three large Junk King franchises across central Tennessee. The acquisition marks DGWR's first purchase of 2025 and represents a strategic vertical integration within their Lyell Environmental Services market.

The deal is expected to have significant financial impact, with management projecting an immediate doubling of revenue and operating cash flow. The company anticipates potential growth of 45-50% in the near term. The acquisition will enhance DGWR's service coverage across approximately 1.5 million homes and businesses in their midsouth footprint.

DGWR's management is actively pursuing geographic expansion into metro markets across Tennessee, Alabama, and Kentucky, while evaluating additional strategic acquisition opportunities for 2025 to further boost revenues and net profits.

DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR) reported strong financial results for Q2 2024. Key highlights include:

- Revenue increased 87% to $653,354 for the six months ended June 30, 2024
- Gross profit nearly doubled to $508,579, up 97% year-over-year
- Operating loss decreased to $255,777 from $1,115,401 in 2023
- Net loss improved to $42,700 from $1,273,589 in the prior year period

The company completed the sale of its AMWASTE subsidiary for $175,000, implemented a Gross Profit Incentive Plan, and reduced outstanding debt by $178,591. DEEP GREEN is focusing on expanding asbestos and radon remediation services, with strong growth in Nashville, and evaluating strategic acquisition opportunities.

DEEP GREEN Waste & Recycling Inc. (OTCQB: DGWR) has released a new podcast discussing its impressive Q1 2024 financial results. The company reported 191% year-over-year revenue growth and a 252% increase in gross profit, driven by strong organic growth in its Asbestos Remediation channel. CEO Bill Edmonds highlighted the successful sale of subsidiary AMWASTE, which generated maximum cash in Q1 2024.

President David Bradford called it the best first quarter ever for the company, building on the momentum from a record-setting 2023. DEEP GREEN plans to accelerate geographic expansion across the Southeastern United States and add complementary environmental remediation services. The company is actively seeking strategic acquisition opportunities to further penetrate the $109 billion environmental services market.

DEEP GREEN Waste & Recycling Inc. (DGWR) announces record annual earnings with revenues surging by 155% to $2.68 million in 2023 from $1.05 million in 2022. Gross profit margins also improved significantly to 76% from 62% in the same period. Operating loss narrowed to $259,314 in 2023 from $784,238 in 2022, with a net loss of $690,140 compared to $1,194,221 in the prior year. The company's subsidiary completed a major project at Vanderbilt University Medical Center, showcasing expertise and generating interest from other commercial players. DEEP GREEN plans to expand geographically and explore strategic acquisitions to tap into the $109 billion environmental services market.

DEEP GREEN Waste & Recycling Inc. (DGWR) announces successful completion of a $2 million asbestos removal project, sale of subsidiary for $175,000, up-listing to OTCQB Venture Market, revenue growth of 145% to $902,987 in Q3 2023, and commitment to strategic acquisitions and expansion.

DEEP GREEN Waste & Recycling Inc. (DGWR) completes the sale of its subsidiary, DG Research Inc, to Amwaste of Georgia, for $175,000. The sale aims to focus on core competencies in environmental safety and expand nationally.

DEEP GREEN Waste & Recycling Inc. (DGWR) completes a $2 million asbestos removal project at Vanderbilt University Medical Center, marking the largest single abatement project in its history. The project was finished on time, under budget, and is expected to fuel accelerated growth. The company's subsidiary, Lyell Environmental Services, efficiently handled the asbestos removal with strict safety measures. DEEP GREEN's strong financial performance over the past two quarters and its commitment to environmental stewardship position it for continued growth and expansion in the environmental services sector.

DEEP GREEN Waste & Recycling, Inc. (DGWR) successfully up-listed from the OTC Pink Sheets to the OTCQB Venture Market, with trading commencing on January 22, 2024. This milestone will provide the company with broader acceptance within the investment banking community and benefit institutional and retail shareholders. The up-listing will also enable DEEP GREEN to raise capital for acquiring private companies and adding new remediation services to its existing capabilities in waste, recycling, and environmental remediation services markets.

Deep Green Waste & Recycling Inc. (DGWR) reports a 140% increase in revenues and a shift to positive gross margins in its financial results for the third quarter and nine months ended Sept. 30, 2023. The company achieved a quarterly revenue of $902,987 and an operating profit of $327,751, showcasing robust organic growth and recent acquisitions. Despite a net loss of $226,090 due to non-cash derivative liability expenses, the company had an adjusted net income of $227,138 for the three months ended September 30, 2023.