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Safe and Green Development Corporation Secures New Purchase Orders From Large Agricultural Inputs Distributor
Globenewswire· 2025-11-25 14:00
Core Insights - Safe and Green Development Corporation has secured multiple purchase orders from a large U.S. distributor for wood fines produced at its Myakka, Florida site, indicating strong demand in specialty agriculture markets [1][2][3] Company Operations - The current weekly volume from the Myakka site is approximately $9,000, with expectations for orders to continue at this rate based on customer demand [2] - The wood fines are produced using the Company's high-capacity Diamond Z grinder system, which processes organic materials into various grades for commercial applications, including soils and horticultural products [2][3] - The Myakka site is expanding its customer base, supporting the Company's strategy to scale its engineered soils and organics recycling operations across key agricultural and turf markets [3][4] Market Position - The Company is experiencing strong interest in high-quality organic inputs from various sectors, including agriculture and specialty horticulture, which enhances its market position [4] - Engagements with established industry operators are expected to strengthen volume consistency, improve site throughput, and enhance operational efficiency [3][4] Future Growth - The Company is evaluating additional customer expansion opportunities as it increases capacity at the Myakka site and advances its broader engineered soils strategy across Florida [4]
Safe and Green Development Corporation Announces 4,200% Year-Over-Year Revenue Growth in Q3 2025 and Strong Momentum Into Fourth Quarter
Globenewswire· 2025-11-14 14:00
Core Insights - Safe and Green Development Corporation reported record revenue growth and margin expansion for Q3 2025, driven by strong performance in engineered soils and logistics divisions [1][2] - The company achieved total revenue of $4.9 million for the nine months ended September 30, 2025, a significant increase from $0.2 million in the prior-year period, representing over 2,300% year-over-year growth [6] - A key strategic advancement is the full purchase of the Microtec milling system, expected to enhance profitability by enabling the production of high-margin growing media [3][4] Financial Performance - Q3 2025 revenue reached $3.5 million, a remarkable increase of over 4,200% compared to approximately $81 thousand in Q3 2024 [9] - Gross profit for Q3 2025 was $0.9 million, with a gross margin of approximately 26%, up from ~23% in Q2 2025 [9] - The nine-month net loss was $(12.3) million, compared to $(7.4) million in 2024, influenced by non-cash impairment and bad debt charges [6][7] Operational Developments - New equipment delivered to the Florida site is operational and expected to drive increased throughput and efficiency [2][4] - Integration expenses are anticipated to continue through Q4 2025, but a streamlined operating structure is expected by early 2026 [4] - The company is focused on establishing a scalable foundation for future growth, with expectations for continued revenue growth and margin strengthening as it heads into 2026 [11]
Safe and Green Development Corporation Expands Resource Group Operations with New Equipment at Sarasota and Myakka City Sites
Globenewswire· 2025-10-22 12:30
Core Insights - Safe and Green Development Corporation has deployed new industrial processing equipment to enhance its operations in Southwest Florida, specifically at the Sarasota and Myakka City sites [1][3][4] Equipment Details - The new equipment includes the Komptech Crambo Mobile shredder, which is designed for processing large volumes of organic and woody materials, and the Diamond Z DZH6000 Series grinder, which increases processing efficiency for wood waste and green debris [2][3] Operational Impact - The deployment of this equipment is expected to improve production capacity, reduce processing times, and enhance overall site efficiency, thereby meeting the growing demand for engineered soil and compost products [3][4] Strategic Alignment - The expansion of processing capabilities aligns with the company's focus on scalable, revenue-generating infrastructure, allowing for greater material processing and improved efficiency [4] Company Overview - Safe and Green Development Corporation is focused on real estate development and environmental solutions, with a subsidiary operating an 80+ acre organics processing facility in Florida, which processes source-separated green waste and is expanding into sustainable potting media production [5]