#CleanEnergy News
Alert: Solar Integrated Roofing (OTC: $SIRC) Announces $100 Million Preliminary
12 Month Revenue Guidance; @SIRCStock
EL CAJON, CA – May 20, 2021 -
Solar/EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems
installation company, announced today that revenues in the 12 months
ended May 31, 2022, preliminary revenues are expected to grow to at least $100
million.
Read this news, featuring SIRC in full
at https://www.investorideas.com/news/2021/renewable-energy/05211Solar-Integrated-Roofing-Revenue-Guidance.asp
“We accelerated
our rapid pace of acquisitions in 2021, rolling up roofers as well as solar and
battery installers – creating a true platform company with the backoffice and
sales capabilities to scale nationwide,” said David Massey, Chief Executive
Officer of Solar Integrated Roofing Corporation. “When taking into account our
recently acquired companies, we’ve built a significant customer base across the
SIRC family of companies. While there is seasonality inherent to our business
and the revenue will not be divided evenly month to month, we expect that we
will generate at least $100 million of revenue over the next 12 months with the
acquisitions we have announced to-date.
“We are realizing
both acquisitive and organic growth on all fronts while minimizing dilution.
Looking ahead, we continue to populate our acquisition pipeline which could
further grow this $100 million revenue guidance figure. I look forward to
continued operational execution in the months ahead, working closely with our
team to create sustainable value for our shareholders over the long-term,”
concluded Massey.
Final recognized
revenue is subject to the Solar Integrated Roofing’s annual and quarterly
audits and will accordingly be released with the Company’s audited financial
statements and related annual and quarterly reports once fully reporting.
About Solar
Integrated Roofing Corp.
Solar Integrated
Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and
roofing systems installation platform company specializing in commercial and
residential properties throughout the United States. The Company’s broad array
of solutions include sales and installation of solar energy systems, battery
backup and electric vehicle (EV) charging stations to roofing, HVAC and related
electrical contracting work. For more information, please visit the Company’s
website at www.solarintegratedroofing.com
Forward-Looking
Statements
Any statements made
in this press release which are not historical facts contain certain
forward-looking statements; as such term is defined in the Private Security
Litigation Reform Act of 1995, concerning potential developments affecting the
business, prospects, financial condition and other aspects of the company to
which this release pertains. The actual results of the specific items described
in this release, and the company’s operations generally, may differ materially
from what is projected in such forward-looking statements. Although such
statements are based upon the best judgments of management of the company as of
the date of this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including, without
limitation, the company’s dependence on third parties, general market and
economic conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the control of
the company. The company disclaims any obligation to update the information
contained in any forward-looking statement. This press release shall not be
deemed a general solicitation.
Investor
Relations Contact:
Lucas A.
Zimmerman
Senior Vice
President
MZ North America
Main: 949-259-4987
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