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DSG Global, Inc. Announces Full Year 2021 Financial Results Including Revenue Growth of 132%

DSG Global, Inc. Announces Full Year 2021 Financial Results Including Revenue Growth of 132%

DSG Global,Inc.宣布2021年全年财务业绩,包括收入增长132%
GlobeNewswire ·  2022/04/01 21:08

SURREY, British Columbia, April 01, 2022 (GLOBE NEWSWIRE) -- DSG Global, Inc. (OTCQB: DSGT) ("DSGT" or the "Company"), an emerging leader in the Electric Vehicle and Golf Car markets, announced today full-year 2021 financial results which included record quarterly and yearly revenues.

不列颠哥伦比亚省萨里,2022年4月1日(环球网)--DSG Global,Inc.(场外交易市场代码:DSGT)(以下简称“DSGT”或“公司”)今天公布了2021年全年的财务业绩,其中包括创纪录的季度和年度收入。

Q4 2021 Financial Highlights:

2021年第4季度财务亮点:

  • Revenue increased to $712,495 from $292,154 during the same period in 2020, an increase of 144%, primarily the result of increase in sales of Infinity Touch Screens and Low Speed Electric Vehicles
  • Gross Profit increased to $160,095 versus $129,223 in Q4 2020.
  • Loss From Operations decreased from $2,473,727 in Q4 2020 to $1,648,643 during Q4 2021.
  • 收入从2020年同期的292,154美元增加到712,495美元,增长144%,主要是Infinity触摸屏和低速电动汽车销售增加的结果
  • 毛利润从2020年第四季度的129,223美元增加到160,095美元。
  • 运营亏损从2020年第四季度的2,473,727美元下降到2021年第四季度的1,648,643美元。

Full Year 2021 Financial Highlights:

2021年全年财务亮点:

  • Revenue increased 132.4% to $2,092,819 from $900,482 during 2020, a result of revenue increases across all product categories including Electric Vehicles.
  • Gross profit increased to $982,121 from $490,689, an increase of 100%.
  • Total Assets increased to $2,612,240 compared to $2,103,562 at the end of 2020, primarily a result of an increase in inventory and lease receivables
  • Total Liabilities increased to $4,265,983 versus $2,912,745 at the end of 2020.
  • Loss from operations increased to $5,953,513 from $5,069,696 in 2020. This was mostly due to increased expenses for trade shows and costs associated with bringing electric vehicles to market.
  • Net loss increased from $6,177,099 in 2020 to $6,384,655 in 2021.
  • 2020年收入增长132.4%,从900,482美元增至2,092,819美元,这是包括电动汽车在内的所有产品类别收入增长的结果。
  • 毛利由490,689美元增至982,121美元,增幅达100%。
  • 总资产增至2612240美元,而2020年底为2103562美元,主要原因是存货和应收租赁款项增加
  • 总负债从2020年底的2,912,745美元增至4,265,983美元。
  • 运营亏损从2020年的5,069,696美元增加到5,953,513美元。这主要是因为贸易展会的费用增加,以及将电动汽车推向市场的相关成本。
  • 净亏损从2020年的6,177,099美元增加到2021年的6,384,655美元。

For additional information, please visit www.sec.gov for full filing.

欲了解更多信息,请访问www.sec.gov获取完整文件。

Operational Highlights:

运营要点:

  • Hired Industry veteran Christian Dubois as President of Imperium Motors Canada. Christian was an executive at BMW and Mercedes Benz and most recently was director of operations and director of acquisitions and dealer development with Dilawri Group, Canada's largest automotive group with over 4,000 employees and seventy-six franchised dealerships representing thirty-five distinct brands
  • Expanded dealer network throughout our EV and Golf Cart division in North America
  • Expanded Electric vehicle product line to include Rumble Motors products Skywell's electric buses
  • Attended multiple automobile shows including Montreal, Quebec, and L.A. Auto show
  • Received over 1,200 fully refundable deposits on the SEV
  • Signed Distributorship with Ignition Brandery to provide Electric Vehicles, Shelby, and Vantage Golf Carts to 25 Caribbean Islands
  • Added features and functionality to SEV's and Electric Buses which are both going through homologation at this time
  • Carroll Shelby Licensing, Inc. signed worldwide partnership that allows DSG Global to use intellectual properties controlled by CSL to manufacture, sell and/or distribution of specific licensed merchandise in accordance with the terms of the agreement.
  • DSG subsidiary Vantage Tag attended the PGA Show January 2022 and showcased a new first ever line of Vantage golf and fleet carts, single rider Marshal cart, DSG Shelby licensed golf carts and the upgraded Infinity fleet management system. The PGA show provided an abundance of opportunities for Vantage to sign up new retail dealerships in North America. The company has signed distributors in NA and still seeking distributors worldwide. Vantage tag will be starting delivery in July 2022 to golf courses.
  • DSG hired Dalie Mariette as Communication Specialist for DSG group of Companies. She has been involved in Social Media management as well as Trade Show managements in multiple fields, E-commerce, photographer, and videographer.
  • DSG Subsidiary Imperium Motor will attend the Montreal and Quebec auto show in April 2022. Imperium will show case our Flagship SEV and electric Bus at the shows.
  • DSG has moved to a 100,000 sq ft headquarters in Milpitas CA in the Silicon Valley for assembly and showcase our product line up
  • DSG Global Announces MOU Toward Acquisition of Golf Equipment Specialty Finance Business
  • DSG Global's Imperium Skywell EV Model Scores High Marks on Popular 'Munro Live' Video Podcast
  • 聘请业内资深人士克里斯蒂安·杜布瓦担任帝国汽车加拿大公司总裁。克里斯蒂安曾在宝马和梅赛德斯-奔驰担任高管,最近担任董事运营总监,负责董事对加拿大最大汽车集团迪拉沃里集团的收购和经销商开发。迪拉沃里集团拥有4,000多名员工和76家特许经销商,代表35个不同的品牌
  • 我们在北美的电动汽车和高尔夫球车部门扩大了经销商网络
  • 扩大电动汽车产品线,包括Rumble Motors产品Skywell的电动公交车
  • 参加了多个车展,包括蒙特利尔、魁北克和洛杉矶车展
  • 在SEV上获得了超过1,200笔可全额退还的押金
  • 与Ignition Brandery签署经销商协议,向25个加勒比海岛屿提供电动汽车、谢尔比和Vantage高尔夫球车
  • 为目前正在通过认证的SEV和电动公交车添加了特性和功能
  • 卡罗尔·谢尔比授权公司签署了全球合作伙伴关系,允许DSG全球公司根据协议条款使用CSL控制的知识产权来制造、销售和/或分销特定的授权商品。
  • DSG子公司Vantage Tag出席了2022年1月的PGA Show,展示了有史以来第一个全新的Vantage高尔夫和车队手推车系列、单人Marshal手推车、DSG Shelby许可的高尔夫球车以及升级后的Infinity车队管理系统。PGA展会为Vantage在北美签约新的零售经销商提供了大量机会。该公司已经与北卡罗来纳州的经销商签约,并仍在寻找全球经销商。Vantage Tag将于2022年7月开始在高尔夫球场交付。
  • DSG聘请Dalie Mariette担任DSG集团公司的沟通专家。她曾参与社交媒体管理以及多个领域的展会管理,包括电子商务、摄影师和录像师。
  • DSG子公司Imperium Motor将参加2022年4月的蒙特利尔和魁北克车展。帝王将在车展上展示我们的旗舰车型SEV和电动巴士。
  • DSG已迁往位于硅谷加州米尔皮塔斯的一个10万平方英尺的总部进行组装并展示我们的产品线
  • DSG Global宣布关于收购高尔夫设备专业金融业务的谅解备忘录
  • DSG Global的Imperium Skywell EV Model在流行的《Munro Live》视频播客中获得高分

About DSG Global

关于DSG Global

DSG Global is an emerging global technology company with an array of interconnecting businesses in some of the fastest-growing market sectors. With roots in the golf industry, in which it specializes in fleet management with patented analytics, mobile touch screen engagement and electric golf carts under the Vantage Tag Systems (VTS) brand, the Company is moving quickly with road-ready electric vehicles through its Imperium Motor Company subsidiary.

DSG Global是一家新兴的全球科技公司,在一些增长最快的市场领域拥有一系列相互关联的业务。该公司植根于高尔夫行业,专门从事车队管理,拥有专利分析、移动触摸屏参与和Vantage Tag Systems(VTS)品牌的电动高尔夫球车,通过其帝国汽车公司的子公司,该公司正在迅速推出可上路的电动汽车。

About Vantage Tag Systems

关于Vantage Tag Systems

Vantage Tag Systems (VTS) provides patented electronic tracking systems and fleet management solutions to golf courses and other venues that allow for remote management of the course's fleet of golf carts, turf equipment and utility vehicles. Its clients use VTS' unique technology to significantly reduce operational costs, improve the efficiency plus profitability of their fleet operations, increase safety and enhance customer satisfaction. VTS has grown to become a leader in the category of fleet management in the golf industry, with their technology installed in vehicles worldwide. VTS is now branching into several new streams of revenue through programmatic advertising, licensing, and distribution, as well as expanding into commercial fleet management, Marshal single rider golf carts, Vantage Golf Cart line up and agricultural applications.

Vantage Tag Systems(VTS)为高尔夫球场和其他场馆提供专利电子跟踪系统和车队管理解决方案,允许远程管理球场的高尔夫球车、草坪设备和多功能车车队。其客户使用VTS的独特技术来显著降低运营成本,提高其车队运营的效率和盈利能力,增加安全性并提高客户满意度。VTS已经成长为高尔夫行业车队管理类别的领导者,他们的技术安装在世界各地的车辆上。VTS现在正在通过程序化的广告、许可和分销进入几个新的收入来源,并扩展到商业车队管理、Marshal单人高尔夫球车、Vantage高尔夫球车队列和农业应用。

Additional information is available at 

欲了解更多信息,请访问

CAUTIONARY NOTE REGARDING FORWARD-LOOKING

关于前瞻性的警示说明

STATEMENTS

报表

This news release contains forward-looking information. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "anticipated," "proposed," "expects," "intends," "may," "will" and similar expressions. Forward-looking information contained or referred to in this news release includes but is not limited to the Company's ability to secure manufacturing facilities and supply chains, the benefits the Company expects to derive from existing and planned products, and the Company's ability to achieve production and sales targets, generally.

本新闻稿包含前瞻性信息。提供此类前瞻性陈述或信息的目的是提供有关管理层目前对未来的期望和计划的信息。提醒读者,依赖此类信息可能不适合用于其他目的。任何此类前瞻性信息都可以通过诸如“预期”、“建议”、“期望”、“打算”、“可能”、“将”和类似的表达方式来识别。本新闻稿中包含或提及的前瞻性信息包括但不限于公司确保制造设施和供应链安全的能力,公司预期从现有和计划中的产品中获得的好处,以及公司实现生产和销售目标的能力。

Forward-looking statements or information are based on several factors and assumptions, which have been used to develop such statements and information, but which may prove to be incorrect. Although the Company believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because the Company can give no assurance that such expectations will prove to be correct. Factors which could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to negative cash flow and future financing requirements to sustain operations; dilution; limited history of operations and revenues and no history of earnings or dividends; competition; economic changes; delays in the Company's expansion plans; regulatory changes; and the impact of and risks associated with the ongoing COVID-19 pandemic, including the risk of disruption at the Company's facilities or in its supply and distribution channels. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company.

前瞻性陈述或信息基于几个用于编制此类陈述和信息的因素和假设,但可能被证明是不正确的。尽管公司认为这些前瞻性陈述或信息中反映的预期是合理的,但不应过度依赖前瞻性陈述,因为公司不能保证这些预期将被证明是正确的。可能导致实际结果与前瞻性信息中描述的大不相同的因素包括但不限于负现金流和维持运营所需的未来资金需求;稀释;有限的运营和收入历史,没有收益或股息历史;竞争;经济变化;公司扩张计划的推迟;监管机构的变化;以及与持续的新冠肺炎疫情相关的影响和风险,包括公司设施或其供应和分销渠道中断的风险。本新闻稿中的前瞻性信息反映了基于公司目前掌握的信息对公司的当前预期、假设和/或信念。

Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the fiscal year 2020 and our subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.

其他可能导致实际结果与前瞻性陈述预期的结果大不相同的因素在我们提交给证券交易委员会的2020财年Form 10-K年度报告和随后的Form 10-Q季度报告以及目前的Form 8-K报告中的“风险因素”和“管理层对财务状况和经营结果的讨论和分析”的标题下进行了描述。前瞻性陈述是在本新闻稿发布之日作出的,我们明确表示不承担任何义务或承诺更新前瞻性陈述。本新闻稿中包含的前瞻性陈述或信息明确受本警示声明的限制。

Brokers and Analysts:
Chesapeake Group
+1-410-825-3930
info@chesapeakegp.com

经纪人和分析师:
切萨皮克集团
+1-410-825-3930
邮箱:info@chesapeakegp.com


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