GPOX - GPOPlus+ records over 320% increase in Q4 revenue
2023-07-06 10:26:09 ET
- GPO Plus ( OTCQB:GPOX ) recorded 320% sequential growth in gross revenues to $430K for the period of 4Q23 majorly due to the successful deployment of new "White Glove" Direct to Store service.
- The new program has enhanced monthly sales per location activated from $580 to over $2,120.
- Currently, GPOX services approximately 570 stores across 12 states centralized in the Southwest and Midwest regions of the United States.
- The Company has already identified 316 locations approved for the new program, with approx. 100 currently active and next 116 stores in Dallas, Texas, Austin, Texas, and Albuquerque, New Mexico will be activated before the end of August 2023 and an additional 103 stores in Wyoming, Kansas and Missouri marketplaces by the end of October 2023.
- GPOX is +2.7% to $0.1849
- Source: Press Release
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GPOPlus+ records over 320% increase in Q4 revenue