Singlepoint Inc - SING STOCK NEWS

Welcome to our dedicated page for Singlepoint news (Ticker: SING), a resource for investors and traders seeking the latest updates and insights on Singlepoint stock.

SinglePoint Inc. (Cboe: SING) is a leader in the renewable energy and sustainable lifestyle sectors. Headquartered in Phoenix, Arizona, the company focuses on solar power solutions and indoor air purification through its subsidiaries, aiming to create the largest vertically integrated network for solar panel marketing and installation in both residential and commercial markets.

One of the primary subsidiaries, Boston Solar, has been instrumental in driving the company's solar business forward. Since its acquisition in 2022, Boston Solar has seen significant growth, installing over 5,000 residential and commercial solar arrays in New England, primarily in Massachusetts. The company has a robust pipeline of commercial projects with notable clients like Fenway Park, federal agencies, and luxury hotel chains. The commercial side is expected to drive substantial revenue growth in 2024.

In addition to solar energy, SinglePoint's subsidiary BOX Pure Air focuses on indoor air quality solutions, addressing the need for air purification in schools and offices. The company is also exploring future growth opportunities in energy storage, electric vehicle charging, and solar as a subscription service.

Recently, SinglePoint completed an underwritten public offering, raising $4 million by offering 800,000 shares at $5.00 per share. The proceeds are planned to be used for corporate purposes and to repay debt. The company has also shifted its trading to the Cboe BZX Exchange under the ticker symbol 'SING'.

CEO Wil Ralston is optimistic about the company's future, emphasizing strategic acquisitions and partnerships aimed at enhancing shareholder value. SinglePoint's listing on the Cboe BZX Exchange and its successful projects position it well for future growth and profitability.

10/25/2023 05:10 AM

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Frontline Power Solutions, Part of SinglePoint Inc., Clinches Major 7.1 Million kWh Energy Services Deal with National Property Management Leader

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SinglePoint Inc. announces a significant energy advisory agreement and a 7.1 million kWh energy services contract with a national property management firm, expected to generate $110,000 in cost savings for the client. Frontline Power Solutions (FPS) has achieved over 100% growth since SinglePoint's strategic investment, highlighting its potential for exponential growth.

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10/19/2023 05:00 AM

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SinglePoint Inc. Acquires remaining 49% of Box Pure Air LLC, Implements Strategic Restructuring to Enhance Indoor Air Revenue Opportunity with Schools in California, Box Pure Air LLC Now a Wholly Owned Subsidiary

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$800,000 in pending orders to fulfill through the $5,000,000 Grant Award Notification (GAN) in California. SinglePoint Inc. acquires remaining interest in Box Pure Air LLC and announces new transitional leadership team. Acquisition of 49% interest in Box Pure Air allows for strategic options. SinglePoint focuses on renewable energy and energy storage sector.

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10/02/2023 08:15 AM

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Boston Solar Unveils Revolutionary Smart Electrical Panel, Reinforcing Leadership in Solar Energy and Home Management Solutions

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Boston Solar, a subsidiary of SinglePoint, Inc., has integrated the SPAN Panel into its home energy management systems, offering real-time monitoring and circuit-level control. The panel extends battery life by up to 40% during power outages and supports all-electric appliances. Customers can take advantage of a $600 tax credit and the existing 30% solar tax credit. This integration could lead to greater energy savings and revolutionize energy usage.

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08/21/2023 08:15 AM

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SinglePoint Inc. Update: Now Trading Under Symbol “SING”; Recently Reported Record Second Quarter Revenue: $8.14 Million vs. $4.53 Million in the Same Period of 2022, a 79% Increase

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SinglePoint Inc. provides an update on returning to ticker symbol 'SING' after a reverse split. Trading abnormalities and inaccuracies in trading platforms have caused shareholder confusion. Company remains committed to uplisting. Record Q2 revenue of $8,149,480, a 79% increase from last year. Positive GAAP gross profit and decreased net loss. Commercial solar business is growing with improved gross margin. Boston Solar recognized as Top Solar Contractor for 8th year.

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05/16/2023 08:15 AM

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SinglePoint Inc. Reports First Quarter 2023 Financial Results Revenue Increased to $5.7M, a 268% Increase; Gross Profit Increased by $1.47M to $1.65M

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05/11/2023 08:30 AM

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1606 Corp Increases Production To Meet CBD Product Demand

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1606 Corp. announces $150,000 order for new inventory to meet demand for Brio Nutrition CBD products. The company has secured a major distribution deal with Cool Blue Distribution and will supply its products to over 800 stores. The success of Brio Nutrition is attributed to high-quality formulations and top-tier branding.

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05/02/2023 08:30 AM

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CBDW Launches Direct-to-Merchant Campaign for CBD Singlz

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05/01/2023 08:30 AM

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St. Anthony's School in Atwater, CA Implementing BPA Solutions Indoor Air Quality and Ballistic Barrier Solutions to Improve Safety, Security and Indoor Air Quality for Students, Teachers, and Staff

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SinglePoint subsidiary BPA Solutions announces that St. Anthony's School is purchasing LifeShield+ door panels and window shades using EANS funding. The order also includes BOX Pure Air portable air purification units. BPA Solutions expects more schools to explore spending options as the deadline approaches.

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04/21/2023 08:15 AM

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VIDEO: SinglePoint CEO Wil Ralston Joins Public.com Discussing Company Strategy to Become a Market Leader in the Rapidly Growing Renewable Energy Sector

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SinglePoint Inc. (OTCQB: SING) recently shared a corporate video update featuring CEO Wil Ralston discussing the company's strategic direction in the renewable energy sector. The discussion aired on Public.com on March 14, 2023. In its Fiscal Year 2022 results, SinglePoint reported a significant revenue increase exceeding $21 million, a remarkable growth from less than $1 million in FY 2021. The company operates in solar energy, energy storage, EV charging, and air quality improvement sectors. This strategic focus aims to modernize traditional models and enhance sustainability. Forward-looking statements highlight potential growth, yet they carry associated risks and uncertainties.

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04/20/2023 08:15 AM

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SinglePoint Inc. Announces Strategic Transactions and Corporate Actions Simplifying Operations to Continue Consolidating and Expanding Energy-Centric Businesses

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SinglePoint Inc. (OTCQB: SING) announced strategic transactions aimed at simplifying operations and focusing on revenue growth in renewable energy. The 2022 fiscal year saw a significant increase in revenue, reaching $21.8 Million, up from $808,000 in FY2021. The company plans to concentrate on solar installation, energy storage for residential and small commercial customers, and energy services. Key initiatives include plans to spin off non-core subsidiaries like ShieldSaver and pursue acquisitions that align with their strategic energy-centric business model. The company is also preparing for an uplisting to a national exchange, simplifying its capital structure by converting Preferred A shares to common stock. With the support of the Inflation Reduction Act, the residential solar market is projected to grow, providing further opportunities for SinglePoint.

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FAQ

What is the current stock price of Singlepoint (SING)?

The current stock price of Singlepoint (SING) is $0.0088 as of February 21, 2025.

What is the market cap of Singlepoint (SING)?

The market cap of Singlepoint (SING) is approximately 19.5K.

What does SinglePoint Inc. do?

SinglePoint Inc. focuses on renewable energy solutions, particularly solar power and indoor air purification. The company aims to build a large network for solar panel marketing and installation.

What are the main subsidiaries of SinglePoint Inc.?

The main subsidiaries of SinglePoint Inc. include Boston Solar, which handles solar energy projects, and BOX Pure Air, which focuses on indoor air quality solutions.

What recent achievements has SinglePoint Inc. accomplished?

Recent achievements include a successful public offering raising $4 million, listing on the Cboe BZX Exchange, and securing major commercial solar projects with renowned clients.

What are SinglePoint’s future growth opportunities?

SinglePoint is exploring growth opportunities in energy storage, electric vehicle charging, solar as a subscription service, and additional energy-efficient appliances.

How is Boston Solar contributing to SinglePoint’s growth?

Boston Solar has installed over 5,000 solar arrays and has a strong pipeline of commercial projects, significantly contributing to SinglePoint’s revenue and market presence.

What financial condition is SinglePoint Inc. in?

SinglePoint recently raised $4 million through a public offering and plans to use the funds for general corporate purposes and debt repayment, positioning itself for future growth.

What is BOX Pure Air?

BOX Pure Air is a subsidiary of SinglePoint Inc. that focuses on indoor air quality solutions, particularly air purification systems for schools and offices.

What impact has the acquisition of Boston Solar had on SinglePoint?

The acquisition of Boston Solar has led to significant growth in revenue and project pipeline, enhancing SinglePoint's market position in the renewable energy sector.

Who is the CEO of SinglePoint Inc.?

Wil Ralston is the CEO of SinglePoint Inc., guiding the company through strategic acquisitions and growth initiatives aimed at increasing shareholder value.