Solar Integrated Roofing Corp. Grows July 2021 Sales 600% to Record $10.5 Million
Company continues to grow; Beats previous monthly sales record in June 2021
EL CAJON, CA / ACCESSWIRE / August 3, 2021 / Solar Integrated Roofing Corp. (OTC PINK:SIRC), an integrated, single-source solar and roofing installation company, announced today that it achieved a record record of at least $10.5 million in preliminary, unaudited sales in July 2021 — the highest monthly sales ever recorded by the company.
July 2021 sales surpass the previous all-time monthly record of June 2021, representing growth of at least 600% compared to the same period a year ago.
“The incredible revenue growth we saw in July is just the tip of the iceberg, as our marketing campaigns and recently acquired businesses are just starting to kick in – I believe we can drive this rapid cadence of sequential growth in the historically busy fall season to annual sales of $150 million,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corp. achieving synergies with scale and achieving sustainable levels of profitability.
“Our acquisition plan is working, with USA Solar Network and Future Home Power either in line with or exceeding all expectations as two examples. As we further integrate these acquisitions and build out both a sales and contractor network, we will be best positioned to capture the full lifecycle value of each customer – a critical element in our efforts to achieve near-term profitability.
“Considering our continued sales momentum and the recently announced share buyback program, I believe we are well positioned to create long-term sustainable value for our shareholders,” said Massey.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC PINK:SIRC), is an integrated, single-source solar and roofing installation platform specializing in commercial and residential real estate in the United States. The company serves communities by delivering the best experience through constant innovation and legacy-focused leadership. The company’s wide range of solutions spans the sale and installation of solar energy systems, backup batteries and charging stations for electric vehicles (EVs) to roofing, HVAC and related electrical installation 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 that term is defined in the Private Security Litigation Reform Act of 1995, in reference to potential developments affecting the business, prospects, financial condition and other aspects of the business to which this release relates. Actual results of the specific items described in this press release, and the Company’s operations in general, may differ materially from those projected in such forward-looking statements. While such statements are based on the best judgment of the company’s management as of the date of this press release, significant differences in size, timing and other factors could arise from business risks and uncertainties, including, but not limited to, reliance on the business of third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of income and other factors, many of which are beyond the company’s control. The company disclaims any obligation to update the information in any forward-looking statement. This press release should not be regarded as a general request.
Contact person for investor relations:
Lucas A. Zimmerman
MZ North America
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