<span item_type="fundamental" item_id="acf29dc7deb0e491cef7201784f85476" counter_id="ST/US/SGD" env="prod"></span><span item_type="announcement" item_id="550892035133472897" env="prod"></span><p>Revenue: As of FY2025 Q2, the actual value is USD 1.4 M.</p><p></p><h3>Revenue</h3><p>Safe and Green Development Corporation reported $1.4 million in revenue for Q2 2025, marking a significant increase of over 3,200% compared to $42 thousand in Q2 2024. This growth was primarily driven by the acquisition and integration of Resource Group US Holdings LLC.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1959023/000121390025077919/ea025370101ex99-1_safe.htm"></span></p><h3>Operational Metrics</h3><ul><li>The company reported a net loss of - $5.724 million for the second quarter of 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1959023/000121390025077919/ea025370101ex99-1_safe.htm"></span></li><li>EBITDA was - $4.713 million, while Adjusted EBITDA was - $0.634 million, reflecting adjustments for impairment, bad debt expense, and stock-based compensation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1959023/000121390025077919/ea025370101ex99-1_safe.htm"></span></li></ul><h3>Strategic Initiatives</h3><ul><li>The company has exited legacy software and technology operations to focus on its core businesses of real estate and compost/transportation.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1959023/000121390025077919/ea025370101ex99-1_safe.htm"></span></li><li>A reevaluation of the real estate portfolio is underway, including obtaining appraisals of existing properties, with plans to monetize select assets.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1959023/000121390025077919/ea025370101ex99-1_safe.htm"></span></li></ul><h3>Outlook / Guidance</h3><p>Management expects approximately $4 million in revenue for Q3 2025, reflecting the first full quarter of operations with Resource Group. The company is actively integrating operations with Resource Group to unlock additional revenue streams and improve operational efficiencies. Safe and Green Development Corporation is positioned for accelerated performance in the second half of 2025, with a focus on expanding its customer base, increasing operational efficiency, and diversifying revenue streams.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1959023/000121390025077919/ea025370101ex99-1_safe.htm"></span></p>

Safe and Green Development | 8-K: FY2025 Q2 Revenue: USD 1.4 M