Singlepoint Inc - SING STOCK NEWS

SinglePoint, Inc. (OTCQB: SING) announced significant financial achievements for FY2022, with revenues reaching $21.8 million, a remarkable increase from $0.8 million in FY2021. This revenue growth is attributed to the acquisition of Boston Solar and BPA Solutions, showing a 27-fold year-over-year increase. Boston Solar alone contributed approximately $19.1 million since being acquired in April 2022. The company expects to exceed $50 million in revenue for FY2023, driven by growing demand for renewable energy solutions and a backlog of orders. Strategic partnerships and government funding further position SinglePoint for continued expansion.

SinglePoint Inc. (OTCQB:SING), a leader in renewable energy and sustainable lifestyles, invites investors to attend its live update at 3:20 PM EST today. This event will allow shareholders and analysts to interact with CEO Wil Ralston. The update follows a presentation at The Emerging Growth Conference, focusing on innovations within the solar energy, storage, and indoor air purification markets. SinglePoint aims to modernize the energy solutions network and expand its acquisition strategy in sustainability. Archived webcasts will be available post-event for those unable to attend live.

SinglePoint, Inc. (OTCQB: SING) has announced the successful closure of a 3.1 million kWh energy services contract with a national property management firm, resulting in approximately $800,000 in savings for the client. This achievement, attributed to Frontline Power Solutions, marks the second significant energy contract for the company, signifying its growing capability in the sector. Frontline Power Solutions, operating in 15 states, specializes in electric and gas contracts for commercial entities in deregulated markets. CEO Wil Ralston expressed optimism about Frontline's potential, citing the integrated approach that could enhance business across various energy sectors.

SinglePoint, Inc. (OTCQB: SING) announced its subsidiary, BPA Solutions, has secured a BuyBoard® contract, allowing the company to market its LifeShield+ products directly to public entities like schools and municipalities. The contract spans one year with two one-year extension options, streamlining purchasing through bulk discounts. The LifeShield+ products, including ballistic door panels and window shades, are designed for school safety and are the only ESSER-approved ballistic products listed on BuyBoard®. BPA Solutions aims to enhance customer engagement and simplify access to safety solutions in the indoor air quality sector.

SinglePoint Inc. (OTC-PINK:SING) will present at the Emerging Growth Conference on March 8, 2023, at 12:35 PM Eastern time. The presentation, led by CEO Wil Ralston, offers investors an interactive platform to engage directly with the company. Attendees can submit questions in advance or ask during the presentation, scheduled to last approximately 30 minutes. For those who cannot attend live, an archived version will be available on EmergingGrowth.com and YouTube. Registration for the event is recommended to receive updates.

SinglePoint (SING) announced a partnership with Public, allowing retail investors access to clean energy programming directly from company leadership. The initiative aims to provide comprehensive content on renewable energy, catering to the demand for contextual information among retail investors. A recent survey highlighted that 62% of investors seek better understanding of industry operations. The partnership includes regular updates from SinglePoint’s leadership, enhancing transparency, which is vital for 89% of surveyed investors. SinglePoint is preparing for an uplisting to a national exchange, leveraging this collaboration to connect with its 34,000 shareholders.

SinglePoint Inc. (OTC-PINK:SING), a renewable energy provider, shared insights on its growth during a recent interview with CEO Wil Ralston at Global One Media. The company reported an impressive revenue increase from under $1 million in 2021 to approximately $25 million last year, driven by strategic acquisitions in renewable energy and indoor air quality. SinglePoint offers a comprehensive platform for solar energy and air purification, serving commercial, government, and residential clients. With significant engagement from consumers and government support, the company aims to expand its footprint and capitalize on sustainable solutions.

On February 6, 2023, SinglePoint announced the trading launch of its spinoff, 1606 Corp. (OTC:CBDW), which was formed as a 1-for-1 distribution to shareholders of SinglePoint. 1606 Corp. focuses on health and wellness products, consolidating the fragmented CBD industry through acquisitions. CEO Wil Ralston expressed optimism about the spinoff, citing opportunities for revenue growth and profit margin improvement. SinglePoint aims to streamline operations and concentrate on its core business in solar energy and indoor air purification, leveraging federal funding for sustainable solutions.

SinglePoint, Inc. (OTCQB: SING) announced that its subsidiary, BPA Solutions, successfully delivered an initial order of Certified HEPA AIRBOX air purification units to a North Carolina university. This transaction highlights the company's commitment to improving indoor air quality (IAQ) in educational institutions. The AIRBOX units are manufactured in Statesville, North Carolina, and are certified 'Made in the USA'. BPA Solutions capitalizes on federal funding programs like ESSER and EANS to assist schools in acquiring air purification solutions. This initial order underscores the growing demand for quality air purification systems in schools.