SMG Industries, Inc. Announces Preliminary Unaudited Revenue Results for the Year 2021

SMG Reports Preliminary Unaudited Revenues of approximately $51.7 million for the Year Ended December 31, 2021, an Increase of approximately 93% From the Previous Year

HOUSTON, TX, Jan. 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- SMG Industries, Inc. (“SMG” or the "Company") (OTC-BB:SMGI), a growth-oriented transportation services company focused on the domestic infrastructure logistics market, today announced that its preliminary unaudited results of consolidated revenues from operations for the year ended December 31, 2021 were approximately $51.7 million, representing an increase of about 93% from its comparable year ended December 31, 2020 of $26.6 million. Unaudited revenues for the fourth quarter ended December 31, 2021 were approximately $17.08 million, an increase of about 113% from $7.99 million in the fourth quarter 2020.