Sparta Capital Ltd V.SAY

Alternate Symbol(s): SCAXF

Industrials

Sparta Capital Ltd. owns a controlling interest in a network of independent businesses, which supplies energy-saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Its businesses are divided into three segments: capturing lost waste energy, converting existing waste for other uses and into new consumable forms, and optimizing energy efficiencies. Its subsidiaries include ReECO TECH, Illumineris and SuperNova Performance Technologies Ltd. ReECO TECH collects waste materials with a focus on converting such waste streams into new usable forms. Illumineris has three divisions: the photoluminescent safety products (Safety) division, the comprehensive energy audit (EMD) division and the power-factor correction (Energy Mitigation) division. SuperNova Performance Technologies Ltd. is a division focusing on green initiatives related to combustion, the transportation sector and storage technology.

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Sparta Capital Ltd

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Post by Charts1on Aug 31, 2021 9:22am

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Post# 33787112

SAY.V Revenues to double front here

Total revenue of $1,142,267 was realized; representing a 48% increase over the same period in 2020
While revenue grew by 48%, total expenses increased by only "6% over the same period in 2020", with most of the net increase attributed to an increase in business development expenditure where "significant future growth relative to such expenditure is anticipated".
Materials upcycling division has "secured a number of important long-term contracts, generating an impressive level of backlog, which, when processed is expected to more than double revenues over the upcoming year