SinglePoint Inc. Increased Gross Profit to over 60% in August as a Result of Efficiencies Driven by the Pandemic
SinglePoint Inc. (OTC:SING) is excited to provide investors with a company update; Gross profit increased to over 60% in August as result of efficiencies driven by the pandemic. In 2019, SinglePoint acquired Direct Solar America. At the time the majority of sales were door to door. As a result of the pandemic, Direct Solar modified its business model to a virtual model thus reducing the high cost of door to door sales. As a company, being able to virtually meet...
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