Victory Square Renewable Energy Portfolio Company Stardust Solar Provides Corporate Update
Founded in 2017, Stardust Solar is a leader in renewable energy education, providing CSA/NABCEP approved design and installation training with hands-on experience. Stardust Solar is also one of the first companies in North America to offer a franchise opportunity dedicated to the installation of solar PV systems. “Stardust Solar is very excited to announce that we have signed a definitive agreement to merge with CPC BOLD TSX.V! Furthermore, we are pleased to report we surpassed our annual revenue goal of $3M and finished the year with $3,316,502.23 CAD in revenue,” said Mark Tadros, CEO of Stardust Solar. Revenue Growth Stardust Solar Showed a 50% YOY Revenue Growth in 2023, with $3.3M in Revenues, exceeding $3M revenue goal by 10%. Scaleable Franchise Growth Over 100% Growth in Product Sales & Royalties, reflecting the true growth of the primary revenue streams of the franchise business. System-Wide Sales 80% Growth in System-Wide Sales in 2023 in Canada, also reflected by more than 80% Growth in Canadian Product Sales. U.S. Expansion U.S. Franchise Company Revenues increased by over 200% over the previous year. Stardust Solar Now at 31 Franchise Territories in North America Read more below
https://ceo.ca/@globenewswire/victory-square-renewable-energy-portfolio-company-stardust
Stardust Solar will spin out to the market this year. Victory Square owns 10% For more information see the Stardust Solar website below
https://stardustsolar.com/
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