DEEP GREEN Waste & Recycling Reports Record Annual Earnings
Hermitage, Tennessee, April 24, 2024 (GLOBE NEWSWIRE) -- DEEP GREEN Waste & Recycling Inc. (OTCQB DGWR), a waste, recycling and remediation services company for commercial customers, today announces exceptional top and bottom-line growth in its financial results for the full year ended December 31, 2023.
- Revenues surged by 155 percent to an annual record of $2,682,762 compared to $1,053,612 in 2022 driven by strong organic growth and strategic acquisitions.
- "I am extremely proud of our team's unwavering commitment to executing our growth strategy which has propelled DEEP GREEN to new heights in 2023," commented Bill Edmonds, CEO of DEEP GREEN.
- "Achieving over $2.6 million in annual revenue with industry-leading gross margins demonstrates the immense earnings potential of our streamlined, high-quality operations."
- "2023 was a transformational year for Deep Green as we built a highly profitable foundation capable of sustaining rapid growth," said David Bradford, President of Deep Green Waste and Recycling.