Singlepoint(SING.US)

Hong Kong stocks fell 281 points, Alibaba dropped 4%, biotech stocks were sold off, and Li Ning rose 3% against the trend. Experts: The upward wave at the beginning of the year has ended | Hong Kong stock market closing

The Hong Kong stock market closed down 281 points today, reporting at 26,563 points, marking a three-day decline, with a turnover of HKD 225.6 billion. Alibaba fell by 4%, and biotechnology stocks performed poorly, with both the Hang Seng Index and the Tech Index also declining. Despite the A-shares stabilizing after the release of mainland economic data, the Hong Kong stock market remains in an adjustment phase, with a short-term support level expected at 26,000 points. LI NING rose by 3% against the trend

SinglePoint Inc. SEC 10-K Report

SinglePoint Inc. has released its annual 10-K report, detailing a revenue of $20.3 million, a decrease due to industry-wide demand decline. The company reported a net loss of $28.9 million, with a focus on renewable energy solutions through subsidiaries like Boston Solar and Box Pure Air. Strategic initiatives include a 1-for-100 reverse stock split and plans for growth through acquisitions. However, challenges include competitive market pressures, financial risks, and operational weaknesses, raising doubts about the company's ability to continue as a going concern.

Singlepoint | 10-K: FY2024 Revenue: USD 20.28 M

Singlepoint Inc. Reports 2024 Revenue Decline to $20.3M, Net Loss Widens to $28.9M Amid Economic Uncertainty

Singlepoint Inc. reported a revenue decline to $20.3 million for the fiscal year ending December 31, 2024, down from $26.3 million in 2023. The company faced a net loss of $28.9 million, widening from a loss of $18.8 million the previous year, due to increased economic uncertainty and rising operating expenses. Despite a slight increase in gross profit, the overall financial outlook remains uncertain as management emphasizes the need to boost revenue and control costs for future profitability.

SinglePoint Sees Record Growth Despite Market Headwinds | SING Stock News

SinglePoint, Inc. reported record growth in Q1 2025, with $9.1 million in new contracts, driven by strong residential performance and strategic positioning. The company achieved $5.2 million in residential contracts and $3.9 million in commercial agreements, benefiting from U.S. tariffs on Chinese imports. CEO Wil Ralston highlighted the competitive advantage of focusing on high-quality, U.S.-manufactured components. Looking ahead, SinglePoint aims to pursue strategic acquisitions to capitalize on market opportunities as competitors face margin pressures.