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LiveToBeHappy, Inc. (CAVR, LTBH) reported strong financial performance for Q1 2022, with revenues increasing by 106% year-over-year to $2.7 million and gross profit rising 84% to $473,000. The company completed five acquisitions in late 2021 that contributed to over 30% of its quarterly revenues. For Q2 2022, revenues are projected to reach at least $11 million, a 307% year-over-year growth. The full-year 2022 revenue forecast is $30 million, reflecting at least a 132% increase compared to 2021.
LiveToBeHappy, Inc. (OTC: CAVR, LTBH) announced the closure of its first funding tranche from RB Capital Partners aimed at restructuring its balance sheet, reducing common stock float, and providing working capital for growth. CEO Kevin Vincent Cox emphasized the importance of human capital in their partnership with RB Capital, aimed at enhancing shareholder value. The company reaffirms its revenue forecast to double 2021 figures to $25 million. CFO Grant Edwards noted significant progress in integrating acquisitions and reducing overhead costs.
CAVU Resources, Inc. (OTC: CAVR) announced its participation in the Emerging Growth Conference on April 13, 2022, from 11:45 AM to 12:15 PM Eastern Time. This interactive online event will allow thousands of investors, including individual and institutional participants, to engage with CEO Kevin Vincent Cox. He will present insights about the company's growth and answer questions from attendees. CAVU is focused on aggressive expansion and will share updates in the upcoming weeks. For registration details, visit here.
LiveToBeHappy, Inc. (OTC: CAVR) has secured a $30 million term sheet aimed at funding new acquisitions, recapitalizing the business, and initiating a share repurchase of up to 6% of its outstanding common stock. The company has also acquired a majority stake in HRS Construction, which has a $20 million revenue pipeline for 2022. This strategic acquisition is expected to enhance the company's net income and expand its real estate services and commercial rehabilitation offerings.
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.
CAVU Resources (OTC: CAVR) announced a $4 million land deal by its subsidiary Sinacori Builders, reinforcing its growth strategy for 2022. The company projects $30 million in revenue for the year and is pursuing additional acquisitions to enhance its real estate portfolio. With plans to expand its franchise program and add 100 new locations for RenuYou, LiveToBeHappy aims to broaden its market presence. Executive statements highlight ongoing milestones and future business ventures, suggesting a robust outlook for the company's operations.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) is nearing completion on its two largest acquisitions and exploring lending proposals totaling up to $30 million. This funding will support these acquisitions and allow for the retirement of common shares. The company plans to close on a $2 million financing tranche in Non-Toxic Debt soon. For 2022, they project a conservative revenue estimate of $30 million as they grow and finalize deals.
CAVU Resources, Inc. (OTC: CAVR) announced a significant advancement by securing a $10.3 million land deal through its subsidiary, Sinacori Builders. The company has revised its 2022 revenue projection from $25 million to $30 million, reflecting confidence in continuous growth. CEO Kevin Vincent Cox emphasized the commitment to uplisting to OTCQB, while Executive Chairman Bob Silver highlighted recent acquisitions enhancing revenue streams and growth potential. The company's mission is to build lives, not just places to live.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) projects $25 million in revenues for 2022, reflecting aggressive growth. CEO Kevin Vincent Cox announced plans for national expansion, acquisitions, and significant financing. The company’s subsidiary, Sinacori Builders, secured a $5.8 million contract with Toll Brothers and is negotiating a multimillion-dollar deal with DR HORTON. LiveToBeHappy is also planning to up-list to OTCQB and ultimately aims for Nasdaq. The company believes their revenue projection is conservative and may be amended as growth continues.
LiveToBeHappy, Inc. (OTCM: CAVR, soon to be LTBH) has strengthened its leadership team with the appointment of Shaun Fuller as head of the Technology Team, replacing Mike Murphy. Fuller's background includes over 12 years in full-stack SaaS solutions. In addition, Lloyd Kurth has been promoted to Chief Software Architect of PostBidShip. Both appointments are expected to support the company's transformation as it focuses on cyber-security initiatives and the integration of Growing Together Academy into the Metaverse. The company also has two pending acquisitions aimed at diversifying its revenue stream.
