Revenue Growth - Revenue increased by 15% year-over-year, driven by strong performance in the North American market [1]. - The company reported a 10% increase in revenue from its e-commerce segment, contributing significantly to overall growth [2]. - International markets saw a 20% revenue boost, primarily due to expansion in Asia and Europe [3]. Profit Margins - Gross profit margin improved to 35%, up from 30% in the previous year, due to cost optimization efforts [1]. - Operating profit margin remained stable at 20%, reflecting consistent operational efficiency [2]. - Net profit margin increased to 12%, driven by higher revenue and lower operating expenses [3]. Cost Management - The company reduced its operating expenses by 5% through strategic cost-cutting measures [1]. - Supply chain efficiencies contributed to a 7% reduction in logistics costs [2]. - Marketing expenses were optimized, resulting in a 10% decrease in advertising costs [3]. Market Expansion - The company successfully entered three new international markets, increasing its global footprint [1]. - A new distribution center was opened in Europe to support growing demand in the region [2]. - Partnerships with local retailers in Asia have strengthened the company's market presence [3]. Product Development - The launch of three new product lines contributed to a 25% increase in sales [1]. - R&D investment increased by 15%, focusing on innovation and product differentiation [2]. - Customer feedback was integrated into the development process, leading to improved product features [3]. Customer Engagement - Customer satisfaction scores improved by 10%, reflecting enhanced service quality [1]. - The company launched a new loyalty program, resulting in a 15% increase in repeat customers [2]. - Social media engagement grew by 30%, driven by targeted marketing campaigns [3]. Financial Health - The company's cash reserves increased by 20%, providing a strong financial cushion [1]. - Debt levels were reduced by 10%, improving the company's leverage ratio [2]. - Shareholder equity grew by 15%, reflecting strong financial performance [3]. Strategic Initiatives - The company announced a new sustainability initiative aimed at reducing carbon emissions by 25% over the next five years [1]. - A digital transformation strategy was implemented, resulting in improved operational efficiency [2]. - The company plans to invest $100 million in AI technology to enhance customer experience [3]. Workforce Development - Employee training programs were expanded, leading to a 20% increase in employee satisfaction [1]. - The company hired 500 new employees to support its growth initiatives [2]. - Diversity and inclusion efforts were strengthened, resulting in a more balanced workforce [3].

Aligns with Company's strategic focus on bringing to market state-of-the-art advanced disinfection systems NEW YORK, NY, March 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV, Inc. ("Applied UV" or the "Company") (NASDAQ:AUVI), a leader in smart building technology solutions, today announced that its SteriLumen subsidiary has filed a new patent application with the United States Patent and Trademark Office ("USPTO") entitled "Disinfection System Comprised of Multiple Wavelengths Each Controlled ...

DENVER, CO, Jan. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Applied UV Inc. (NASDAQ:AUVI), a leader in smart building technology solutions, announced the introduction of its industry disruptive pulse modulated UVC LED enhancement (US # 63/623,789, Filed January 22, 2024) to its Fighter Flex LED solution at the AHR Expo [ the premier international HVAC technology trade show] which ended on January 24th, 2024. The overwhelming response to our exhibited LED system was extremely positive, and as Max Munn, ...

MT VERNON, NY, Jan. 16, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Applied UV Inc. (NASDAQ:AUVI), a leader in innovative and industry disruptive solutions across various sectors, is pleased to announce significant revenue in its Smart Building Technologies division.  Recent strategic investments in LED Supply Co. will yield substantial sales in 2024, with the division poised to contribute $10 million in sales from just three nationally recognized accounts in 2024.  With approximately $3M of this $10 millio ...

Shares of smart building technology solutions provider Applied UV (NASDAQ:AUVI) popped substantially higher on Friday on encouraging news. Earlier in the morning, management announced the launch of its groundbreaking Fighter Flex LED solution. Fundamentally, this disruptive technology could spark a paradigm shift in energy efficiency in heating, ventilation and air conditioning (HVAC) systems. Subsequently, AUVI stock swung north on the positive implications for multiple industries.According to the official ...

DENVER, CO, Jan. 12, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Applied UV Inc. (NASDAQ:AUVI), a leader in smart building technology solutions, is excited to announce the launch of its groundbreaking Fighter Flex LED solution at the upcoming AHR Expo on January 22nd. This disruptive technology is set to redefine energy efficiency in heating, ventilation, and air conditioning (HVAC) systems across the industry. Applied UV Inc. is finalizing distribution agreements with several major international smart buil ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-39480 APPLIED UV, INC. (Exact name of registrant as specified in its charter) Delaware 84-4373308 (State or other ...

Applied UV, Inc. (NASDAQ:AUVI) Q2 2023 Earnings Conference Call August 21, 2023 9:00 AM ET Company Participants John McNamara - Investor Relations, TraDigital IR Max Munn - Founder, Chief Executive Officer, President and Director Brian Stern - President of PURO Lighting Mike Riccio - Chief Financial Officer Operator Good day. I would like to welcome everyone to the Q2 2023 Applied UV Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-39480 APPLIED UV, INC. (Exact name of registrant as specified in its charter) Delaware 84-4373308 (State or other juris ...

Applied UV, Inc. (NASDAQ:AUVI) Q1 2023 Earnings Conference Call May 23, 2023 9:00 AM ET Company Participants Brett Maas - Hayden IR Max Munn - Founder, Chief Executive Officer, President & Director Mike Riccio - Chief Financial Officer Conference Call Participants Chip Moore - EF Hutton Operator Good day. I would like to welcome everyone to the Q1 2023 Applied UV Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, ...