NEW YORK, February 22, 2021 – OTC PR WIRE — Sun Kissed Industries Inc. (OTC Pink: SKDI), d/b/a SFLMaven (“SFLMaven”, “SKDI”, or the “Company”), (www.sunkissedindustries.com) a leading provider of high-end luxury goods, announces data and analysis for the Company’s 2020 operating performance as it successfully navigated a challenging macro context to post strong sales with accelerating growth into the end of the year.
Please Note: The Company will file official its 2020 financial performance data next month. The data presented below represents provisional numbers subject to slight potential adjustment only.
Management believes SFLMaven’s 2020 revenues totaled approximately $7.5 million, which represents significant resilience in the face of powerful macro headwinds related to the Covid-19 pandemic health crisis and its associated deep economic recession.
The Company also managed to end the year on a very strong note, pulling in over $2 million in sales during the final quarter of the year. Q4 saw strong sequential growth relative to Q3:
“2020 was a great year for SFLMaven,” remarked Joseph Ladin, CEO of SFLMaven. “We are very encouraged by the resilience of our business model and market positioning in the face of extraordinary challenges impacting the high-end retail space, as demonstrated by overall strong metrics and clear evidence of accelerating growth into year-end, which should carry over into 2021 as the world prepares to reopen economically with huge fiscal and monetary policy tailwinds in place.”
“Also, at this time in order to better facilitate and reflect improved market communication and our already initiated rebranding efforts from Sun Kissed to SFLMaven, I would like to inform the market that we filed for our official name & symbol change with FINRA on Friday February 19th, 2021; and below please find direct links to our SFLMaven Corporate Twitter Account and our SFLMaven ebay Store”:
About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTC Pink: SKDI) is a provider of high-end luxury goods to discerning clientele around the globe. The company has recently pivoted away from emerging markets and is now focused on revenue generating acquisitions.
This press release may contain forward-looking statements, including information about management’s view of Sun Kissed Industries Inc.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words “believes,” “expects,” “intends,” “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Sun Kissed, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Sun Kissed’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Sun Kissed cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Sun Kissed undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Sun Kissed.
SOURCE: Sun Kissed Industries Inc.
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