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Bullboard - Stock Discussion Forum Sparta Capital Ltd V.SAY

Alternate Symbol(s):  SCAXF

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... see more

TSXV:SAY - Post Discussion

Sparta Capital Ltd > SAY.V Revenues to double front here
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Post by Charts1 on Aug 31, 2021 9:22am

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
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