Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, recently announced Q1-2021 financial results and is positioned to surpass its record-breaking 2020 performance. “The company posted $9,291,931 in revenue, $1,400,720 in gross profit and $41,477,914 in total assets for the three months ending April 3, 2021. Compared to 2020, the results represent an approximate 16.7% increase in revenue, 8.6% increase in gross profit, and 1.4% increase in total assets compared to the three months ended March 31, 2020,” reads a recent article. The piece quotes SGTM CEO and Director Tony Raynor, who expects the trend to persist. “Our continued successful recorded financials each quarter and year-end is all thanks to our team,” Raynor said. “I’m a firm believer that you are only as strong as your team, and our strong growing financials proves such. This year we are anticipating to continue recording strong financials as we start implementing our strategy for 2021.”
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About Sustainable Green Team Ltd.
Sustainable Green Team, through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The company’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division and collection sites, then, through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and positioned for rapid growth from the resulting synergistic opportunities identified. The company’s customers include governmental, residential and commercial clients. For information regarding SGTM’s operations, expansion plans and production facilities, visit https://ibn.fm/ZdiFf.
NOTE TO INVESTORS: The latest news and updates relating to SGTM are available in the company’s newsroom at http://ibn.fm/SGTM
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