Welcome to our dedicated page for US LIGHTING GROUP news (Ticker: USLG), a resource for investors and traders seeking the latest updates and insights on US LIGHTING GROUP stock.
US Lighting Group, a subdivision of the prominent LED gauge display manufacturer Intellitronix, is the company responsible for producing the longest-lasting LED bulb on the market. With top-tier energy efficiency and a lifespan exceeding two decades, their expert engineering and unique design have set them apart. All products are proudly manufactured in the USA and distributed domestically and internationally. US Lighting Group not only engineers and manufactures long-lasting LED bulbs but also provides unique distributorship opportunities. Rather than traditional franchises, USLG offers businesses and individuals the chance to own a distributorship, combining the benefits of franchising with the freedom of business ownership.
US Lighting Group (OTC PINK:USLG) reported significant revenue growth, with total sales reaching $1,083,114 in 2022, a sharp increase from $67,000 in 2021. This surge was primarily driven by sales in Cortes Campers RV travel trailers and revenues from the new subsidiary, Futuro Houses, LLC. The company's CEO, Anthony Corpora, highlighted achievements in streamlining manufacturing and enhancing dealer partnerships. The first quarter of 2023 is anticipated to show continued positive growth, fueled by increasing consumer interest in RVs, particularly new models. For detailed financial insights, refer to the Annual Report on Form 10-K.
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