Susglobal Energy Corp Stock Price, News & Analysis

SusGlobal Energy Corp. (OTCQB:SNRG) reported its fourth-quarter and full-year financial results for 2020, highlighting a 20.58% increase in revenue to $432,263. Despite the revenue growth, the company faced a net loss of $504,807, translating to a loss per share of $0.01. The operational updates included the integration of the Ydro Process® at their composting facility, along with strategic agreements aimed at a potential Nasdaq listing. Total assets stood at $5,758,303, against total liabilities of $10,519,253.

SusGlobal Energy Corp. (OTCQB:SNRG) announced a Capital Market Advisory Agreement with Exchange Listing, LLC to assist in listing its shares on the NASDAQ Capital Market. This partnership aims to streamline SusGlobal's strategic planning and implementation for a successful listing. The company's CEO, Marc Hazout, expressed confidence in Exchange Listing's experience and anticipates submitting the initial NASDAQ Listing Application after filing their Form 10-K. Exchange Listing's CEO noted SusGlobal's strong fundamentals and commitment to a socially responsible business model.

SusGlobal Energy Corp. (OTCQB:SNRG) recently provided insights in an interview with CEO Marc Hazout, highlighting the company’s sustainable waste management solutions. SNRG focuses on converting municipal organic waste into regenerative products, including compost and liquid fertilizer, promoting a circular economy. The company aims for growth through the commercialization of its pathogen-free organic fertilizer, uplisting to Nasdaq, and expanding its processing capacity to handle 185,000 metric tons of waste annually. Hazout emphasized the importance of their innovations in combating climate change and maximizing shareholder value.

SusGlobal Energy Corp. (OTCQB:SNRG) announced the registration of two trademarks, EARTH'S JOURNEY and CARING FOR EARTH'S JOURNEY, by the United States Patent and Trademark Office as of November 10, 2020. This registration allows SusGlobal to use trademark symbols, enhancing its branding strategy for its certified organic compost products. The trademarks cover various organic waste management services and are valid for ten years with renewal options. CEO Marc Hazout emphasized the importance of these registrations in protecting the company's intellectual property and maximizing shareholder value.

SusGlobal Energy Corp. (SNRG) reported a 12.49% revenue increase for Q3 2020, totaling $439,507, up from $390,723 in Q3 2019, attributed to its organic waste processing and composting operations.

However, the company incurred a net loss of $429,046, translating to a loss of $0.01 per share, with total liabilities at $9,796,346 against assets of $5,321,974.

SusGlobal aims to enhance revenue to support growth initiatives and potentially up-list to a major exchange.

SusGlobal Energy Corp. (OTCQB:SNRG) has announced the acquisition of additional assets, including 6.8 acres of land in Belleville, Ontario, through its subsidiary. The transaction, amounting to USD$161,322, enables SusGlobal to enhance its facilities for processing organic waste. With this acquisition, the company can process up to 70,000 tonnes of organic waste annually, with plans for an additional 50,000 tonnes. The expansion aligns with the company's commitment to sustainable waste management and reducing greenhouse gas emissions, contributing to its goal as a leader in the circular economy.

SusGlobal Energy Corp. (OTCQB:SNRG) has been recognized by The Finnish Innovation Fund Sitra as one of 39 global solutions in the circular economy at the World Circular Economy Forum Online held on September 29-30, 2020. This recognition highlights SusGlobal's efforts in diverting organic waste from landfills and producing sustainable products like the SusGro™ organic fertilizer. CEO Marc Hazout expressed pride in this validation of their initiatives, aiming to enhance shareholder value while promoting regenerative products.

SusGlobal Energy Corp. (OTCQB: SNRG) reported flat revenue of $382,639 for Q2 2020, compared to $381,834 in Q2 2019. The company highlighted its integration of The Ydro Process into its operations, yielding positive results. It received a trademark registration for 'LEADERS IN THE CIRCULAR ECONOMY' from the USPTO, effective for ten years. Operating expenses reached $526,296, leading to a net loss of $323,171 or $0.01 per share. Despite challenges, the company aims for revenue growth and cash flow improvement, focusing on enhancing shareholder value.