Welcome to our dedicated page for Sparta Cap news (Ticker: SCAXF), a resource for investors and traders seeking the latest updates and insights on Sparta Cap stock.
Sparta Capital Corp (SCAXF) delivers innovative solutions at the intersection of sustainability and technology. This news hub provides investors and industry professionals with direct access to official announcements about the company's energy management systems, circular economy initiatives, and health technology advancements.
Track updates across key operational areas including strategic partnerships, technology deployments in commercial/industrial sectors, and progress toward carbon reduction goals. All content comes from verified sources to ensure accuracy in reporting on Sparta's AI-driven energy optimization platforms and blockchain-enabled waste upcycling programs.
Discover how Sparta's solutions help organizations meet ESG objectives through press releases about new contracts, system performance metrics, and leadership developments. Bookmark this page for streamlined access to operational updates from a company pioneering sustainable industrial technologies.
Sparta Group (OTC PINK: SCAXF) reported a 15% revenue growth for the fiscal year 2022, with Q1 2023 revenue reaching $2,168,064, a 61% year-over-year increase. The company is pioneering a certified Carbon Credit Program in the e-waste recycling industry, and expanding operations with a new processing facility in Oman, the first of its kind in the Middle East. A partnership with uOttawa aims to recover Lithium from spent batteries amidst rising EV demand. Additionally, Sparta's e-waste division has secured a deal with General Motors for electronic waste disposal, while a collaboration with Achu Health™ enhances rapid testing capabilities for workplaces using blockchain technology. Net income for Q1 2023 was $44,768, a turnaround from a loss of $195,655 the previous year.