Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

InvestorNewsBreaks – TAAT(R) Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) Announces Pivotal Year, Significant Revenue Increase in FY 2022

TAAT(R) (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) today provided a summarized update of its performance during the company’s fiscal year 2022 (12-month period ended Oct. 31, 2022). Among the highlights, the company reported sequential annual revenue growth from CA$2,560,721 to CA$42,535,944, inclusive of convenience wholesale revenues from ADCO Distributors Inc. (“ADCO”) for the period of approximately 5.5 months between May 20 and Oct. 31, 2022. “Fiscal 2022 was a pivotal year for the company, and our financial results reflect that with a significant increase in revenue,” said TAAT CEO Michael Saxon. “The combination of our branded products (TAAT(R) and Jayvees) along with our distribution subsidiary ADCO, provides us with more diverse revenue streams so that we can further invest in the company’s businesses. On behalf of the management team, we thank shareholders for their continued support, and we are excited to further discuss these results during our annual general meeting (‘AGM’) on Monday.”

To view the full press release, visit https://ibn.fm/aAaXu

About TAAT Global Alternatives Inc.

TAAT(R) is a vertically integrated consumer product and distribution company, generating more than CAD $90 million in overall gross revenue annually. TAAT is strategically expanding its product categories including tobacco and reduced-risk alternatives, hemp, kratom and other emerging CPG segments. TAAT has facilities to include a processing plant in Nevada as well as a distribution center in Canton, Ohio, leveraging existing retail shelf space and pipelines into national wholesale channels. For more information, please visit www.TAATGlobal.com.

NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at https://ibn.fm/TOBAF

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.

As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.