on Revolve Renewable Power Corp. (isin : CA76157B1067)
Revolve Revises FY2024 Forecast Upwards
Revolve Renewable Power Corp. (TSXV:REVV) (OTCQB:REVVF) has announced an upward revision of its FY2024 forecast. The company has increased its revenue forecast from US$5.0 million to US$6.0 million and its EBITDA forecast from breakeven to US$1.5 million.
This update comes after the company previously projected a revenue increase and breakeven EBITDA for the financial year ending June 30, 2024. The improved operating environment has driven this positive revision.
Revolve, established in 2012, focuses on developing renewable energy projects. Its portfolio includes operational assets in Canada and Mexico, projects under construction, and a substantial development pipeline across North America.
R. E.Copyright © 2024 FinanzWire, all reproduction and representation rights reserved. Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all Revolve Renewable Power Corp. news