Boston Solar Achieves Record Sales Success $8.3 Million YTD and $40 Million in Negotiation, Driven by Exceptional Teamwork and Operational Improvements
SinglePoint Inc. (OTC Pink: SING) subsidiary Boston Solar has announced exceptional sales performance for early 2025, with $8.4 million in new contracts year-to-date. The company has secured $1.88 million in signed commercial contracts with an additional $4.5 million nearing final signature, totaling $6.3 million in commercial sales. Residential sales have reached $2.1 million with consistent month-over-month growth despite no additional marketing funding.
This performance significantly exceeds Boston Solar's previous best Q1 results, attributed to dedicated marketing, sales, and installation teams, along with operational improvements that have enhanced margins. President Mike Morlino highlighted the tangible results from cross-departmental efforts.
Looking forward, Boston Solar has over $16 million in previously signed commercial contracts scheduled for installation throughout 2025, plus a pipeline of over $40 million in commercial contracts in negotiation, with an average contract size of $640K.
SinglePoint Inc. (OTC Pink: SING) ha annunciato che la sua controllata Boston Solar ha registrato un'eccezionale performance di vendita per l'inizio del 2025, con 8,4 milioni di dollari in nuovi contratti dall'inizio dell'anno. L'azienda ha assicurato 1,88 milioni di dollari in contratti commerciali firmati, con ulteriori 4,5 milioni di dollari in fase di firma finale, per un totale di 6,3 milioni di dollari in vendite commerciali. Le vendite residenziali hanno raggiunto 2,1 milioni di dollari con una crescita costante mese dopo mese nonostante l'assenza di ulteriori fondi per il marketing.
Questa performance supera significativamente i migliori risultati del primo trimestre di Boston Solar, attribuibili a team dedicati di marketing, vendite e installazione, insieme a miglioramenti operativi che hanno potenziato i margini. Il presidente Mike Morlino ha sottolineato i risultati tangibili derivanti dagli sforzi interdipartimentali.
Guardando al futuro, Boston Solar ha oltre 16 milioni di dollari in contratti commerciali precedentemente firmati programmati per l'installazione nel 2025, oltre a un portafoglio di oltre 40 milioni di dollari in contratti commerciali in fase di negoziazione, con una dimensione media del contratto di 640K dollari.
SinglePoint Inc. (OTC Pink: SING) ha anunciado que su subsidiaria Boston Solar ha tenido un rendimiento de ventas excepcional a principios de 2025, con 8,4 millones de dólares en nuevos contratos hasta la fecha. La empresa ha asegurado 1,88 millones de dólares en contratos comerciales firmados, con 4,5 millones de dólares adicionales cerca de la firma final, sumando un total de 6,3 millones de dólares en ventas comerciales. Las ventas residenciales han alcanzado 2,1 millones de dólares con un crecimiento constante mes a mes a pesar de no contar con fondos adicionales para marketing.
Este rendimiento supera significativamente los mejores resultados del primer trimestre de Boston Solar, atribuidos a equipos dedicados de marketing, ventas e instalación, junto con mejoras operativas que han aumentado los márgenes. El presidente Mike Morlino destacó los resultados tangibles de los esfuerzos interdepartamentales.
De cara al futuro, Boston Solar tiene más de 16 millones de dólares en contratos comerciales previamente firmados programados para instalación a lo largo de 2025, además de un pipeline de más de 40 millones de dólares en contratos comerciales en negociación, con un tamaño de contrato promedio de 640K dólares.
SinglePoint Inc. (OTC Pink: SING)의 자회사 Boston Solar가 2025년 초 뛰어난 판매 실적을 발표했습니다. 올해 들어 840만 달러의 신규 계약을 체결했습니다. 이 회사는 188만 달러의 상업 계약을 체결했으며, 추가로 450만 달러가 최종 서명 단계에 있습니다. 총 630만 달러의 상업 판매에 이릅니다. 주거 판매는 210만 달러에 도달했으며, 추가 마케팅 자금 없이도 월별 지속적인 성장을 이뤘습니다.
이번 실적은 Boston Solar의 이전 최고 1분기 결과를 크게 초과하며, 이는 마케팅, 판매 및 설치 팀의 헌신적인 노력과 운영 개선 덕분입니다. 마이크 몰리노 사장은 부서 간 협력의 가시적인 결과를 강조했습니다.
앞으로 Boston Solar는 2025년 설치 예정인 1,600만 달러 이상의 상업 계약을 보유하고 있으며, 4,000만 달러 이상의 상업 계약이 협상 중입니다. 평균 계약 규모는 64만 달러입니다.
SinglePoint Inc. (OTC Pink: SING) a annoncé que sa filiale Boston Solar a réalisé une performance de vente exceptionnelle au début de 2025, avec 8,4 millions de dollars en nouveaux contrats depuis le début de l'année. L'entreprise a sécurisé 1,88 million de dollars en contrats commerciaux signés, avec 4,5 millions de dollars supplémentaires en voie de signature finale, totalisant 6,3 millions de dollars en ventes commerciales. Les ventes résidentielles ont atteint 2,1 millions de dollars avec une croissance constante mois après mois malgré l'absence de financement marketing supplémentaire.
Cette performance dépasse de loin les meilleurs résultats du premier trimestre précédent de Boston Solar, attribuée à des équipes de marketing, de vente et d'installation dédiées, ainsi qu'à des améliorations opérationnelles qui ont renforcé les marges. Le président Mike Morlino a souligné les résultats tangibles des efforts inter-départementaux.
En regardant vers l'avenir, Boston Solar a plus de 16 millions de dollars en contrats commerciaux précédemment signés prévus pour installation tout au long de 2025, plus un pipeline de plus de 40 millions de dollars en contrats commerciaux en négociation, avec une taille de contrat moyenne de 640K dollars.
SinglePoint Inc. (OTC Pink: SING) hat bekannt gegeben, dass ihre Tochtergesellschaft Boston Solar im frühen Jahr 2025 eine außergewöhnliche Verkaufsleistung erzielt hat, mit 8,4 Millionen Dollar an neuen Verträgen seit Jahresbeginn. Das Unternehmen hat 1,88 Millionen Dollar an unterzeichneten kommerziellen Verträgen gesichert, mit weiteren 4,5 Millionen Dollar, die kurz vor der endgültigen Unterzeichnung stehen, was insgesamt 6,3 Millionen Dollar an kommerziellen Verkäufen ergibt. Die Verkaufszahlen im Wohnbereich haben 2,1 Millionen Dollar erreicht, mit stetigem Wachstum von Monat zu Monat, obwohl keine zusätzlichen Marketingmittel zur Verfügung stehen.
Diese Leistung übertrifft die bisherigen besten Ergebnisse von Boston Solar im ersten Quartal erheblich, was auf engagierte Marketing-, Verkaufs- und Installationsteams sowie betriebliche Verbesserungen zurückzuführen ist, die die Gewinnmargen erhöht haben. Präsident Mike Morlino hob die greifbaren Ergebnisse der abteilungsübergreifenden Bemühungen hervor.
Für die Zukunft hat Boston Solar über 16 Millionen Dollar an zuvor unterzeichneten kommerziellen Verträgen, die für die Installation im Jahr 2025 geplant sind, sowie ein Portfolio von über 40 Millionen Dollar an kommerziellen Verträgen, die in Verhandlung sind, mit einer durchschnittlichen Vertragsgröße von 640.000 Dollar.
- $8.4 million in new contracts secured by mid-February 2025
- $6.3 million in commercial sales YTD ($1.88M signed, $4.5M near signature)
- $2.1 million in residential sales with consistent month-over-month growth
- Improved operational efficiency leading to margin improvements
- $16 million in previously signed commercial contracts for 2025 installation
- $40 million commercial contract pipeline in negotiation
- Average commercial contract size of $640K
- None.
Boston, Massachusetts--(Newsfile Corp. - February 25, 2025) - SinglePoint Inc. (OTC Pink: SING) subsidiary Boston Solar is proud to announce a remarkable start to the year, achieving unprecedented sales figures year to date. With an outstanding YTD total of
Commercial Sales:
Boston Solar has secured
Residential Sales:
On the residential side, the company has achieved
Overall Performance:
In total, Boston Solar has
Operational Efficiency and Margin Improvements:
"We are seeing tangible results from the hard work across all departments, particularly in the marketing and sales teams. Their relentless efforts have brought our message to the forefront, while our install teams have worked tirelessly to ensure seamless and high-quality installations," said Mike Morlino, President of Boston Solar. "Additionally, we are seeing the fruits of our continuous efforts to improve our operational efficiency, which has directly contributed to margin improvements across the board."
Looking Ahead:
Boston Solar has over
As Boston Solar continues to innovate and expand its reach, the company is excited about the opportunities ahead and committed to driving sustainable growth in the solar energy market.
About Boston Solar
Boston Solar is a subsidiary of SinglePoint Inc. (OTC Pink: SING). Since its founding in 2011, Boston Solar has installed more than 6,000 residential and commercial solar arrays, powering thousands of homes and businesses in New England, primarily in Massachusetts. The mission of Boston Solar is to provide superior clean energy products, exceptional customer service, and the highest-quality artistry in residential and commercial installations.
Boston Solar has accumulated several distinctions of recognition of the company's outstanding triumphs:
- Honored with Guildmaster Award from GuildQuality, the award acknowledged how Boston Solar demonstrated exceptional customer service within the residential construction industry.
- Named a Top Solar Contractor by Solar Power World magazine for five consecutive years.
- Recognized by the Boston Business Journal's "Largest Clean Energy Companies in Massachusetts" list.
Boston Solar is a Solar Energy Business Association of New England (SEBANE) member. The company is headquartered at 12 Gill St. Suite - 5650 Woburn, MA 01801. Learn more at: www.bostonsolar.us.
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About SinglePoint Inc.
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies that enhance sustainability and a healthier life. For more information, visit the Company's website (www.singlepoint.com).
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Media Contact:
Michael Morlino, President
info@bostonsolar.us
Investor Relations Contact:
SinglePoint Inc
investor@singlepoint.com
888-682-7464
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242216
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