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InvestorNewsBreaks – Sustainable Green Team Ltd. (SGTM) Achieves Over $9.2M in Revenue for Q1 2021, Anticipates Continued Growth
June 8, 2021

InvestorNewsBreaks – Sustainable Green Team Ltd. (SGTM) Achieves Over $9.2M in Revenue for Q1 2021, Anticipates Continued Growth

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced another successful quarter after a strong 2020 fiscal year. According to the update, the company recorded $9,291,931 in revenue with $1,400,720 in gross profit and $41,477,914 in total assets for the three months ending April 3, 2021. SGTM entered 2021 with an approximate 16.7% increase in revenue, 8.6% increase in gross profit and 1.4% increase in total assets versus the comparable quarter in 2020. “Our continued successful recorded financials each quarter and year end is all thanks to our team,” said SGTM’s CEO and Director Tony Raynor. “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.”

To view the full press release, visit https://ibn.fm/rVDXD

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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