Investor Ideas Solar idea – Clean Energy News Alert: Solar Integrated Roofing (OTC: $SIRC) Announces $100 Million Preliminary 12 Month Revenue Guidance
EL CAJON, CA – May 21, 2021 (Investorideas.com Newswire) Solar / EV Stock News from Investorideas.com Newswire and RenewableEnergyStocks.com – Solar Integrated Roofing Corp. (OTC: SIRC), an integrated solar and roofing systems installation company, announced today that in the 12 months ending May 31, 2022, preliminary revenues are expected to grow to at least $ 100 million.
“We accelerated our rapid acquisition pace in 2021 by rolling up roofers and solar and battery installers – creating a true platform company with the back office and sales capabilities to scale nationwide,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “When we take into account our recently acquired businesses, we have built a significant customer base across the SIRC family of companies. While there is seasonality inherent in our business and revenues will not be evenly distributed from month to month, we expect that we will generate at least $ 100 million in revenue over the next 12 months from the acquisitions we have announced so far.
“We are achieving both acquisition and organic growth on all fronts while minimizing dilution. Looking ahead, we will continue to populate our acquisition pipeline, which could further grow this $ 100 million revenue forecast. create for our shareholders, ”concludes Massey.
The final recognized revenues are subject to Solar Integrated Roofing’s annual and quarterly audits and will be released accordingly along with the company’s audited financial statements and associated annual and quarterly reports once fully reported.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC: SIRC), is an integrated solar energy and roofing systems platform company specializing in commercial and residential properties in the United States. The company’s wide range of solutions includes sales and installation from solar power systems, backup batteries and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contractor work. For more information, visit the company’s website at www.solarintegratedroofing.com.
Any statements in this press release that are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, regarding possible developments affecting the business, prospects, financial condition and other aspects of the business to which this press release relates. The actual results of the specific items described in this press release, and the company’s operations in general, could differ materially from what is projected in such forward-looking statements. While such statements are based on the best judgments of the Company’s management as of the date of this press release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties, including, but not limited to, the dependence of the business of third parties, general market and economic conditions, technical factors, the availability of external capital, the receipt of income and other factors, many of which are beyond the control of the business. The company disclaims any obligation to update the information in any forward-looking statement. This press release should not be construed as a general solicitation.
Investor Relations Contact:
Lucas A. Zimmerman
Senior Vice President
MZ North America
Main number: 949-259-4987
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