GPO Plus, Inc. (GPOX) Achieves Record Revenues with 25% Quarterly Growth

Dec 19, 2023 | Business

GPO Plus, Inc. (OTCQB: GPOX), a prominent distribution and manufacturing company specializing in consumer products for convenience stores, gas stations, and specialty retailers, has reported impressive Q2 financial results. The company’s gross revenue for the quarter ending October 31, 2023, reached a record $1.21 million, marking a substantial 25% increase from the previous quarter ending July 31, 2023, which reported $970,735 in gross revenues.

Key Highlights:

1. Quarterly Revenue Surge: GPOX achieved a remarkable 25% surge in top-line revenue, reaching $1.213 million in the second quarter, up from $970,735 in the preceding quarter.

2. Expansion of DSD Service: Approximately 154 stores received the new Direct Store Delivery (DSD) service with full product inventory by October 31, 2023. GPOX is on track to surpass the estimated 258 stores receiving the white glove DSD service by year-end, with an ambitious target of 475 stores expected to be online by May 2024.

3. Technological Advancements: GPOX Labs.ai, the technology division, has initiated the implementation of its proprietary MSRP software platform. This advanced technology incorporates AI mapping tools, live dispatch consoles, and comprehensive DSD inventory support, optimizing logistics and inventory management.

4. Strategic Partnership: GPOX Labs.ai has entered into a strategic partnership with an enterprise data exchange company to enhance Electronic Data Interchange (EDI). This collaboration aims to provide near-real-time inventory updates and advanced sales analytics, expected to go live this quarter.

About GPO Plus

GPO Plus (GPOX) operates as a product development, manufacturing, and distribution company, offering a diverse portfolio of high-quality innovative products directly to consumers and retailers. With a focus on product development, distribution, marketing, and sales, the company aims to expand its product line and distribution reach to meet market demand and customer needs.

Joe Santora Achieves Certified Mergers and Acquisitions Professional Designation

Dec 1, 2023 | Business

 In a momentous achievement, Joe Santora has successfully earned the Certified Mergers and Acquisitions Professional (CM&AP) designation offered by the Coles College of Business at Kennesaw State University in conjunction with the M&A Source. Mr. Santora joins an elite group as one of less than 500 global professionals to hold this designation. This prestigious certification signifies Joe’s dedication to excellence and expertise in the complex field of mergers and acquisitions.

Kennesaw State University’s rigorous program equips professionals with the knowledge and skills necessary to navigate the intricacies of mergers and acquisitions. Certification is focused on the special interests of M&A intermediaries serving private companies in the middle market and business owners preparing for acquisition or sale. Joe demonstrated a high level of competence and a commitment to staying at the forefront of industry trends. His commitment to advancing his career is underscored by this significant milestone.

“I wanted to take a moment to say thank you for your participation in the Certified M&A Professional program. It was so nice to get to know you and learn a little about your work. I hope we can stay in touch and continue to build our networks and community of practice,” said Jen Renshaw, Director Executive Education at Coles College of Business Kennesaw State University.

“I appreciate the support received during the certification journey. I believe continuing education is critical to my professional and personal success. I look forward to applying the acquired knowledge in mergers and acquisitions endeavors to better serve my current and future clients,’” said Joe Santora.

For further information or media inquiries, please contact:

Joe Santora
Transworld Business Advisors
336.355.0250 ext. 101
jsantora@tworld.com
www.centralcarolinabusinessbroker.com

About Joe Santora:
Mr. Santora is a multi-location Transworld Business Advisors franchise owner, business broker, franchise consultant, and M&A advisor based in High Point, NC. Joe dedicates his time to the industry through continuing education, industry involvement, and volunteer work. Joe is a past president of the Carolinas-Virginia Business Brokers Association (CVBBA) and served as a board member for six consecutive years. Joe was recently elected as mentor at SCORE, an organization dedicated to supporting small businesses. With a passion for business, Joe has consistently demonstrated a commitment to professional development and excellence in the field of M&A and business brokerage.

About Kennesaw State University:
Kennesaw State University is a renowned institution committed to providing high-quality education and professional development opportunities. The Certified Mergers and Acquisitions Professional program is one of the university’s premier offerings, equipping professionals with the knowledge and skills needed for success in the dynamic field of mergers and acquisitions.

About M&A Source:
M&A Source® is the leading not for profit association for individuals and firms engaged in lower middle market business transactions. The association provides education, benefits, conferences, support programs and networking opportunities.

About Transworld Business Advisors:
Transworld Business Advisors is the world leader in the marketing and sales of businesses, mergers and acquisitions, and franchises. Transworld Business Advisors is the world’s largest business brokerage with a global network of brokers in over 25 countries. Established for over forty years, Transworld offers the professional services that successfully bring buyers and seller together.

Transworld Business Advisors
Joe Santora
(336) 355-0250
www.centralcarolinabusinessbroker.com

ContactContact

Categories

  • Awards
  • Business
  • Franchising
  • Mergers & Acquisitions
  • Personnel Announcements
  • Philanthropy & Non-profit

Lotus achieves record H1 2023, surpassing previous business years

Aug 13, 2023 | Business

London, UK – WEBWIRE –

Lotus today has announced the business had a record-breaking first half of 2023.

Key achievements for the first six months to 30 June 2023 include:

  • Order book grew to approximately 17,000 vehicles worldwide for the Eletre, Lotus first electric lifestyle hyper-SUV, and Emira, a mid-engine sports car.
  • Produced over 2,200 Emiras in its UK sportscar manufacturing facility, which is a 381 percent increase from FY22. The order book for Emira is full for the next two years.
  • Production of Lotus lifestyle hyper-SUV, Eletre, ramped up this year in its first all-electric vehicle factory. Customer deliveries began in China at the end of March, and Lotus expects to deliver to UK and European customers later this summer.
  • Lotus expanded its global retail network to 193 stores, opening 24 new outlets over the first half of 2023.
  • Expanded into South Korea, one of the largest luxury markets in the world, through a partnership to sell Lotus vehicles with the leading regional automotive retailer, Kolon Mobility Group.
  • Nine awards won globally including SUV of the Year for Eletre at GQ Car Awards and Best Performance Car for Emira at UK Car of the Year Awards.
  • Mike Johnstone joined the business as Chief Commercial Officer, bringing over 25 years of international experience in leading and growing automotive brands. He will be responsible for the Lotuss global business and product strategy, as well as international expansion.

Feng Qingfeng, CEO of Lotus Group said: We set an ambitious goal in 2018, with the launch of our Vision80 strategy to transform the business from a traditional automotive brand to become an all-electric, luxury, mobility provider in ten years. We have spent the last few years laying the foundations for success and todays announcement demonstrates that Lotus is no longer the same business that it has been in previous years. We are firmly on track to becoming a global performance brand by 2028.

Lotus plans to further ramp up production and sales for the second half of the year and expects the full year to surpass all previous years.

About Lotus
Lotus is a global performance brand that is built on solid foundations and a rich heritage. Since the formation of Lotus in 1948, it has been pioneering true innovation, introducing cutting-edge technologies and developing advanced materials to meet its uncompromising vision of how a car should look, perform, and feel. Lotus Group is made up of a high-performance sports car business, Lotus Cars, and an all-electric, luxury mobility provider, Lotus Technology. Together, we are setting a new standard for automotive excellence.

Katie Kohn Achieves Board Certification as a Florida Divorce, Marital and Family Law Expert

Jun 19, 2023 | Business

 Henderson, Franklin, Starnes & Holt, P.A., proudly announces that Katie Kohn has become Florida Bar Board Certified in Divorce, Marital and Family Law. This certification recognizes attorneys with substantial experience, specialized knowledge, and exemplary professionalism in the field of family law. Kohn shares,

“I am honored to be recognized as a board-certified attorney in divorce, marital, and family law. Attaining board certification is an accomplishment that reflects the hard work and knowledge I dedicate to every client I work with, and every case I handle. I look forward to continuing to develop and expand my practice as a board certified attorney as I help my clients navigate their complex family law matters and achieve the best possible outcomes for their families.”

Only 7% of the 100,000 attorneys in Florida are board certified, and Kohn is one of only nine attorneys in Collier County who are recognized as Florida Bar Board Certified in Divorce, Marital and Family Law. When faced with a myriad of attorneys to choose from to assist a client in a family law matter, Kohn’s board certification distinguishes her from her peers as an attorney with the necessary skill, knowledge, and professionalism to advocate effectively for her clients.

Kohn has over a decade of trial experience, including more than seven years specializing in family law matters, including divorce, paternity, prenuptial and postnuptial agreements, appeals, and adoption. She is admitted to practice in all Florida and New York state courts. Her legal career began in New York, representing doctors and hospitals facing malpractice claims. In 2015, Kohn and her family relocated to Naples, Florida, where she joined Legal Aid Service of Collier County, representing victims and survivors of domestic violence in family law matters.

Kohn’s dedication to helping others extends beyond her legal practice. Currently, she is a member of the Board of Directors of Legal Aid Service of Broward County and Legal Aid Service of Collier County. Kohn also provides pro bono legal services to low-income residents of Collier County through Legal Aid Service of Collier County’s Collier Lawyers Care program.

Kohn received her undergraduate degree from Middlebury College and her law degree from St. John’s University School of Law, cum laude. She may be reached at 239-344-1319 or by email at katie.kohn@henlaw.com.

Henderson Franklin has served the legal needs and communities of Southwest Florida since 1924. The firm is the largest, locally-based law firm between Tampa and Miami, with over 55 attorneys dedicated to providing a wide range of legal services in the areas of business and tax planning, estate planning, family law, business and civil litigation, eminent domain, intellectual property, workers’ compensation, employment law, real estate, and land use and environmental law. Henderson Franklin operates offices in Fort Myers, Bonita Springs and Naples. For more information on Kohn or Henderson Franklin, please visit https://www.henlaw.com.

Henderson, Franklin, Starnes & Holt, P.A.
Gail Lamarche
239-344-1100
www.henlaw.com

ContactContact

Categories

  • Legal & Law

StratusGrid Achieves AWS DevOps Competency

May 12, 2023 | Business

 DevOps, a set of agile-like practices combining Software Development (Dev) and IT Operations (Ops) helps companies shorten the development life cycle and provide continuous delivery with high software quality. Although there is not a universal definition of DevOps per se, it is most often characterized by key principles, including shared ownership, workflow automation, and rapid feedback. Achieving this competency through StratusGrid’s relationship with AWS means that the company can better demonstrate their knowledge and expertise in DevOps.

“By honing our expertise in the DevOps methodology and achieving official competency, we’re excited to explore new possibilities that will enable us to provide even greater value to our customers. Our continued commitment to DevOps allows us to work faster, more efficiently, and with greater agility, ultimately leading to improved outcomes for those we serve.” -Chris Hurst, CEO, StratusGrid.

AWS enables scalable, flexible, and cost-effective solutions from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the AWS Competency Program to help customers identify AWS Partners with deep industry experience and expertise.

About StratusGrid
StratusGrid is a cloud-native technology and software company offering cloud services, software development, and technology consulting. Since 2019, we have helped our customers build and operate mission-critical platforms and applications in the cloud. We are distributed throughout the United States, Spain, Colombia, and Ireland, with global headquarters in Chattanooga, Tennessee. This positions us perfectly in the heart of Freight Alley – an area of the country directly impacted by the success of and technology investment in the supply chain. www.stratusgrid.com

Have any questions about how StratusGrid’s new AWS DevOps Competency can help your organization navigate the complexities of the cloud? Reach out to sales@stratusgrid.com to speak with someone from our team.

Stratusgrid
Evan Bissonette
423-401-6605
https://www.stratusgrid.com/

ContactContact

Categories

  • Business
  • Cloud Computing
  • Technology