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SinglePoint Inc. (OTCMKTS: SING) Release 2022 Business Outlook with Expectation of $20 Billion in Sales for Solar Division



SinglePoint Inc. (OTCMKTS: SING) has released a letter highlighting its 2022 business outlook to its shareholders. The company is optimistic that 2022 will be a significant growth year in its history.

SinglePoint expects revenue of $20 million in 2022 from the solar division 

CEO Wil Ralston said, “I am writing to thank you for your support of the Company as I have made necessary changes to deliver consistent business growth with meaningful revenue and ultimately increased shareholder value. While we have accomplished a lot this year, our accomplishments have not been reflected in the overall value of the company, specifically the market cap which I believe is undervalued.”

For 2022 the company is expected to report revenue of close to $20 million through its solar division. Mechanisms are in place to attain this milestone in terms of processes and people. The BOX Pure Air has already received its first seven-figure order, and attaining market penetration in the air purification sector is an x-0factor expected to create almost $5 million in the short term. The first seven-figure order is from a school district in North Carolina which the company approached in March last year. Going forward, BOX Pure Air is progressing with the sales cycle with various school districts.

SinglePoints transitioned to an acquisition company 

The company is also continuing its growth through acquisitions and announced transactions, and those pending are expected to add revenue of between $30 million and $50 million this year. Most importantly, SinglePoint has transitioned from a targeting startup entity to spotting and acquiring enterprises with a history of success and teams that align with its goals, values, and mission.

SinglePoint anticipates a year of tailwinds in 2022. Consumer demand for more sustainable, ecologically friendly ways of producing energy and the current and booming market for interior airflow, air ventilation, and purification is creating tailwinds. Tailwinds from closing the necessary accretive funding to completing purchases, such as Boston Solar, a leading solar energy service provider, fit SinglePoint’s strategy precisely.

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