Replies to post #475 on Applied UV Inc (AUVIQ)

[Speculator gipsy]

Not with these numbers and plans
Applied UV Reports Second Quarter 2023 Financial Results
Total revenues for the second quarter of 2023 of $10.8 million, representing an 83.6% increase over the comparable period in 2022
Gross profit grew to $2.4 million, up 84.8% from $1.3 million in the comparable period in 2022.
Record backlog of $20 million as of August 21, 2023
Reaffirms its previous guidance of approximately $45 million in revenue for 2023
NEW YORK, NY, Aug. 21, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and intelligent building solutions today announced its financial results for the second quarter 2022. For the quarter, revenues were $10.8 million, increasing 83.6%, compared with $5.9 million in the second quarter of 2022. Gross profit for the second quarter of 2023 increased to $2.4 million, up 84.8%, compared with $1.3 million in the second quarter of 2022.

Q2 2023 and Recent Business Highlights

Expanded its strategic relationship with Canon U.S.A., Inc. to now include Canon Financial Services, Inc., a wholly owned subsidiary of, to provide leasing services for Applied UV’s four operating subsidiaries. The Canon group company, Canon Virginia, Inc., is contracted for the manufacturing of both product segments.
Renewed its agreement with mfPHD, LLC, for installation of its PURONet UV Disinfection Control System in 16 operating rooms at the University of Texas, San Antonio hospital.
LED Supply Co., and its FORTUNE 500 technology partner awarded approximately $0.8 million contract for comprehensive lighting & building controls solution for global auto manufacturer's U.S. facility.
PURO, and Its Partner Academy Energy Groups Selected as a finalist for the GSA's Green Proving Ground (GPG) Program to demonstrate capability of next-generation LEDs and Far-UVC light to disinfect air without the need to increase ventilation.
Sterilumen received its first purchase order for its disinfecting mirrors from Mt. Sinai Hospital in New York. This significant milestone represents the successful culmination of three years of research, investment, and intellectual property development by Applied UV.
Received over $2 million cash deposits on a significant $4 million order from hotel and multi-family developers for interior furnishings, validating strategy of expansion of domestic production facilities.
“We believe the continued increase in our