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Thursday, June 17, 2021

#Cleantech #Stocks in the News - Solar Integrated Roofing (OTC: $SIRC) Reports 2021 Revenues Increase 187% to Record $17.1 Million; @SIRCStock

#Cleantech #Stocks in the News - Solar Integrated Roofing (OTC: $SIRC) Reports 2021 Revenues Increase 187% to Record $17.1 Million; @SIRCStock  

 

EL CAJON, CA - June 17, 2021 - Solar 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, has reported its financial results for the fourth quarter and fiscal year ended February 28, 2021.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/News/2021/renewable-energy/06171SIRC-Revenues-Increase.asp

 

Key Fourth Quarter 2020 and Subsequent Operational Highlights

  • Announced that revenues for the 12 months ended May 31, 2022 are preliminarily expected to grow to at least $100 million due to the accelerated pace of acquisitions in 2021.
  • Announced and closed multiple accretive acquisitions in the solar, roofing and battery space:

-       Closed acquisition of Future Home Power, a solar, roofing and battery storage sales company, expecting the acquisition to be immediately accretive and to rapidly grow to $1 million per week in incremental sales at a robust 45% gross margin profile, capturing value across the full customer lifecycle.

-       Closed acquisition of Balance, LLC, a Business Process Outsourcing (BPO) firm - finalizing the buildout of the Company's unified back-office capabilities to support all recent and future acquisitions.

-       Closed acquisition of Pacific Lighting Management, a diversified energy services and electric vehicle (EV) charging solutions provider to large commercial and government customers, to help grow its dedicated EV charging solutions division.

-       Closed acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina and adjacent markets, completing the Company’s transition to a national brand.

-       Closed acquisition of Enerev, a southern California residential solar installer, after successful joint venture pilot which is expected to add up to $2 million per month revenue run rate.

  • Appointed respected technology expert Muthla AlSayer, and accomplished executive and management consultant Donald Pierce to the Board of Directors.
  • Selected Coinbase Commerce as a cryptocurrency partner and has completed the technical and financial integrations to begin testing the acceptance of cryptocurrency payments from customers at its subsidiary Cornerstone Construction.
  • Engaged investor relations specialists MZ Group to lead a comprehensive strategic investor relations and financial communications program.

 

Management Commentary

"The start of fiscal 2022 was highly focused on executing upon our significant acquisition pipeline of complementary solar, roofing and battery companies,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “Our success has transformed our company into a national brand with services now spanning solar, battery backup, EV charging, roofing installation, HVAC work, electrical contracting and back-office technology support.

 

“The acquisitions drove annual revenues to a record $17.1 million and set us on a course to achieve at least $100 million in the twelve months ended May 31, 2022. Our focus on rapidly growing, high margin acquisitions has significantly grown sales, allowed us to now capture the full lifecycle of our customers, and brought new synergies and efficiencies across the SIRC family of companies. Due to this, we expect to reach profitability in FY2022.

“During the quarter we also focused efforts on our audit and transition to a fully reporting company in anticipation of an uplist to the OTCQB Venture Market. We added several highly respected directors to round out our Board and engaged MZ Group, a leading investor relations firm, to lead our communications program. Due to our rapid pace of acquisition, and the need to audit each of the newly acquired entities, we now plan to refile our Form 10 as soon as possible.

 

“Fiscal 2021 was a record year for Solar Integrated Roofing and we believe we have positioned the Company for an even more exciting fiscal 2022. Over the course of the year our team has worked tirelessly to integrate our acquisitions and continues to seek new opportunities for growth. The solar, roofing and battery market continues to grow, and our brands are capturing additional market share. With our exceptional portfolio of companies and ongoing organic growth, we look forward to sharing our future achievements with our shareholders," concluded Massey.

 

Full Year 2021 Financial Results       

Revenue for fiscal year 2021 increased 187% to a record $17.1 million, as compared to $9.1 million in fiscal year 2020. 

 

Gross profit increased 144% to $3.5 million, or 20% of total revenues, in fiscal year 2021, compared to $2.4 million, or 26% of total revenues, in fiscal year 2020.

 

Operating expenses totaled $7.8 million in fiscal year 2021, as compared to $5.9 million in fiscal year 2020. As a percentage of sales, operating expenses decreased in fiscal 2021 from 65% to 46%.

 

Net loss for fiscal year 2021 totaled $5.9 million, or $(0.03) per share, as compared to $4.6 million, or $(0.04) per share, in fiscal year 2020.

 

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 serves communities by delivering the best experience through constant innovation & legacy-focused leadership. 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
SIRC@mzgroup.us
www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Wednesday, June 16, 2021

#Solar #Stock News - Solar Integrated Roofing (OTC: $SIRC) Reports Record Fiscal Year 2021 Financial Results; @SIRCStock

#Solar #Stock News - Solar Integrated Roofing (OTC: $SIRC) Reports Record Fiscal Year 2021 Financial Results; @SIRCStock

 

FY 2021 Revenues Increase 187% to Record $17.1 Million; Company Expects to Reach Profitability in FY 2022

 


EL CAJON, CA - June 16, 2021 - 
Solar 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, has reported its financial results for the fourth quarter and fiscal year ended February 28, 2021.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/News/2021/renewable-energy/06161SIRC-Financial-Results.asp

 

Key Fourth Quarter 2020 and Subsequent Operational Highlights

  • Announced that revenues for the 12 months ended May 31, 2022 are preliminarily expected to grow to at least $100 million due to the accelerated pace of acquisitions in 2021.
  • Announced and closed multiple accretive acquisitions in the solar, roofing and battery space:

-       Closed acquisition of Future Home Power, a solar, roofing and battery storage sales company, expecting the acquisition to be immediately accretive and to rapidly grow to $1 million per week in incremental sales at a robust 45% gross margin profile, capturing value across the full customer lifecycle.

-       Closed acquisition of Balance, LLC, a Business Process Outsourcing (BPO) firm - finalizing the buildout of the Company's unified back-office capabilities to support all recent and future acquisitions.

-       Closed acquisition of Pacific Lighting Management, a diversified energy services and electric vehicle (EV) charging solutions provider to large commercial and government customers, to help grow its dedicated EV charging solutions division.

-       Closed acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina and adjacent markets, completing the Company’s transition to a national brand.

-       Closed acquisition of Enerev, a southern California residential solar installer, after successful joint venture pilot which is expected to add up to $2 million per month revenue run rate.

  • Appointed respected technology expert Muthla AlSayer, and accomplished executive and management consultant Donald Pierce to the Board of Directors.
  • Selected Coinbase Commerce as a cryptocurrency partner and has completed the technical and financial integrations to begin testing the acceptance of cryptocurrency payments from customers at its subsidiary Cornerstone Construction.
  • Engaged investor relations specialists MZ Group to lead a comprehensive strategic investor relations and financial communications program.

 

Management Commentary

"The start of fiscal 2022 was highly focused on executing upon our significant acquisition pipeline of complementary solar, roofing and battery companies,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. “Our success has transformed our company into a national brand with services now spanning solar, battery backup, EV charging, roofing installation, HVAC work, electrical contracting and back-office technology support.

 

“The acquisitions drove annual revenues to a record $17.1 million and set us on a course to achieve at least $100 million in the twelve months ended May 31, 2022. Our focus on rapidly growing, high margin acquisitions has significantly grown sales, allowed us to now capture the full lifecycle of our customers, and brought new synergies and efficiencies across the SIRC family of companies. Due to this, we expect to reach profitability in FY2022.

“During the quarter we also focused efforts on our audit and transition to a fully reporting company in anticipation of an uplist to the OTCQB Venture Market. We added several highly respected directors to round out our Board and engaged MZ Group, a leading investor relations firm, to lead our communications program. Due to our rapid pace of acquisition, and the need to audit each of the newly acquired entities, we now plan to refile our Form 10 as soon as possible.

 

“Fiscal 2021 was a record year for Solar Integrated Roofing and we believe we have positioned the Company for an even more exciting fiscal 2022. Over the course of the year our team has worked tirelessly to integrate our acquisitions and continues to seek new opportunities for growth. The solar, roofing and battery market continues to grow, and our brands are capturing additional market share. With our exceptional portfolio of companies and ongoing organic growth, we look forward to sharing our future achievements with our shareholders," concluded Massey.

 

Full Year 2021 Financial Results       

Revenue for fiscal year 2021 increased 187% to a record $17.1 million, as compared to $9.1 million in fiscal year 2020. 

 

Gross profit increased 144% to $3.5 million, or 20% of total revenues, in fiscal year 2021, compared to $2.4 million, or 26% of total revenues, in fiscal year 2020.

 

Operating expenses totaled $7.8 million in fiscal year 2021, as compared to $5.9 million in fiscal year 2020. As a percentage of sales, operating expenses decreased in fiscal 2021 from 65% to 46%.

 

Net loss for fiscal year 2021 totaled $5.9 million, or $(0.03) per share, as compared to $4.6 million, or $(0.04) per share, in fiscal year 2020.

 

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 serves communities by delivering the best experience through constant innovation & legacy-focused leadership. 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
SIRC@mzgroup.us
www.mzgroup.us

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Monday, June 14, 2021

#Cleantech and #ClimateChange #Podcast Interview with Stephen Kukucha, Director of dynaCERT Inc. (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ); @dynaCERT



 

 


 

#Cleantech and #ClimateChange #Podcast Interview with Stephen Kukucha, Director of  dynaCERT Inc. (TSX: $DYA.TO) (OTCQX: $DYFSF) (FRA: DMJ); @dynaCERT


June 14, 2021 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues an exclusive Cleantech and Climate Change Podcast interview with Stephen Kukucha, newly appointed Director to dynaCERT Inc. (TSX: DYA) (OTCQX: DYFSF(FRA: DMJ).

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/061021-CleanTech-dynaCERT.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cleantech-climatechange/06141Interview-dynaCERT.asp

 

Listen to the cleantech and climate change podcast on Spotify

 

From dynaCERT Inc. recent news: “Stephen is an investor, lawyer and corporate advisor who brings over 20 years of knowledge, experience and achievements in the Hydrogen and Clean Technology Industry to his role as a Director of dynaCERT. Stephen is currently a partner at PacBridge Partners (www.pacbridgepartners.com) which provides early-stage and growth capital to companies seeking to build and scale their business, including environmental technology.”

 

When asked how he got involved with dynaCERT Inc, Stephen said, “I got to know Jean-Pierre Colin (Executive Vice President & Director of dynaCERT Inc.) while we were advocating with the Federal Government for financing mechanisms, including flow-through shares. He and I shared a passion for the cleantech sector. The more I learned about dynaCERT, I saw that it's really in an interesting place in the cleantech ecosystem.”

 

“It's at the commercialization stage and making a difference now. There's a real market opportunity for its products and technology. It's not just an R&D company; it's obviously doing R&D, but it's got an opportunity to clearly penetrate the market and make a difference.”

 

“The challenge for the company is to obviously increase its sales and there's a billion engines worldwide and lots of markets, including logistics, trucking transportation, small, medium and large-sized diesels. While we transition into a net- zero economy, those diesel engines will be around for a while. So, the question becomes, how do we make them cleaner? How do we take a diversified line of hydrogen products that dynaCERT has and use it in the aftermarket industry to help the transition?”

 

“Some of these sectors in mining, long-haul transport, rail. marine, even generators represent a  opportunity globally. North America, South America, Europe, Africa; I think the penetration of this product is just starting, and once it gets real market traction, then dynaCERT can only grow up its leadership globally.”

 

Bio info

Stephen has served on numerous industry boards throughout his career in Clean Technology and the New Hydrogen Economy. In Canada, he served as Vice-Chair, Fuel Cells Canada and Chair, Canadian Transportation Fuel Cell Alliance. Stephen is also a Board Member of Sustainable Development Technology Canada, SDTC, which is funded by the Canadian Federal government and invests in Clean Technology in Canada.

 

As well, Stephen led the External Affairs Group at Ballard Power Systems (TSX: BLDP(NASDAQ: BLDP) and co-founded both a renewable power company and two strategic advisory firms.

 

In the United States, Stephen served on the Steering Team & Planning Committee of the California Fuel Cell Partnership and was a Member of the Hydrogen and Fuel Cell Advisory Panel of the US Department of Energy, Director of the National Hydrogen Association (U.S.) and also a Director of the US Fuel Cells Council.

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

Podcast host: Dawn Van Zant, founder of Investorideas.com


If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp Disclosure: DYA is a paid monthly featured cleantech stock on Investorideas.com Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Friday, June 11, 2021

#Cleantech and #ClimateChange #Podcast Interview with Stephen Kukucha, Executive Vice President & Director of Galaxy Power

 

 


 

#Cleantech and #ClimateChange #Podcast Interview with Stephen Kukucha, Executive Vice President & Director of Galaxy Power


Galaxy Power Inc.’s Mission- to be one of Canada’s leading hubs of Clean Technology public company-related knowledge

 


June 11, 2021 - Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks (Renewableenergystocks.com) issues an exclusive Cleantech and Climate Change Podcast,with Stephen Kukucha, Executive Vice President & Director of Galaxy Power.

 

Galaxy Power Inc., a Toronto-based private corporation, was established to create one of Canada’s leading hubs of Clean Technology public company-related knowledge.

 

Listen to the Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/061021-CleanTech.mp3

 

Read this in full at https://www.investorideas.com/news/2021/cleantech-climatechange/06111Interview-Galaxy-Power.asp

 

Stephen is an authority on Clean Technology in Canada who shares the view that Galaxy Power is creating a world hub of Clean Technology in Canada.

Bio : https://www.galaxypower.ca/copy-of-our-team-1

 

Listen to the cleantech and climate change podcast on Spotify

 

Talking about why he joined Galaxy, Stephen said, “I started as a lawyer here in Vancouver and spent some time as a senior advisor, both to the Minister’s of Environment and Transportation at  the federal government level.”

 

Continued: ” I spent about seven plus years at  Ballard Power Systems Inc. (TSX: BLDP(NASDAQ: BLDP), running their Global External Affairs Groups with a  focus on the United States, Asia and Europe, looking after Regulatory Affairs, Government Partnerships and emerging-market Business Development. So with that expertise and and my entrepreneurial expertise, following that co--founding two advisory groups and a Renewable Power company.”

Continued: “It’s a nice fit for Galaxy, especially considering I spent a lot of time in the Hydrogen space.  I've served as Vice-Chair, Fuel Cells Canada and Chair, Canadian Transportation Fuel Cell Alliance.  I sat on the California fuel cell partnership steering team and planning committee, as well as US advisory panel for hydrogen. I was also a director of both the National Hydrogen Association, and Fuel Cells Council. So with that deep expertise and understanding of the sector, I think I can add value to the team.”

 

Looking at the  flow -through share (FTSs) opportunity Galaxy presents, he stated, “I think the timing is absolutely perfect. While I can't say what's going to be in the federal government's enabling legislation, their budget, speech and documents did speak to an expansion which would enable flow-through shares for the cleantech space to broaden and include Hydrogen and other Technologies.”

 

Continued: “ As governments in Canada and globally push towards a net- zero future for 2050, it's  imperative that we use all the tools we can. The Canadian government recognizes that it's another mechanism which can enable the cleantech sectors growth. So I think it does fit into this current government’s objectives and will be one part of the solution set moving forward.”

 

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

 

Podcast host: Dawn Van Zant, founder of Investorideas.com


If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following cleantech stocks we do have a directory of publicly traded stocks – visit

https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Play Music and most audio platforms available.

 

 


Contact Galaxy

https://www.galaxypower.ca/

+1 416.573.4300

jpcolin@galaxypower.ca

Galaxy Power Inc.

Generating Ideals for Ideal Generations

 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com publishes breaking stock news,  third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  https://www.investorideas.com/About/

 

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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