Solar Stock Solar Integrated Roofing (OTC: $ SIRC) Announces Record Sales of Over $ 10 Million in June 2021
Solar Integrated Roofing (OTC: $ SIRC) Announces Recent Acquisitions Drive Sustained Growth Looking Forward to Short-Term Profitability
Solar Integrated Roofing Corp. (OTCMKTS: SIRC)
EL CAJON, CALIFORNIA, UNITED STATES, July 14, 2021 /EINPresswire.com/ – Solar Stock News from Investorideas.com Newswire and RenewableEnergyStocks.com – Solar Integrated Roofing Corp. June 2021 totaled a corporate record of over $ 10.0 million.
The record month of sales was driven by strong favorable winds in the industry supporting organic growth as well as additional revenue from recent acquisitions. Future Home Power sold over $ 6.0 million in June, demonstrating the effectiveness of its lead generation capabilities. Due to the closing of the acquisition of Future Home Power on June 9, 2021, not all sales will be recognized as Solar Integrated Roofing revenue. The company expects the recent record expansion and momentum to continue in the coming months as favorable seasonal trends develop and push the company to its near-term goal of $ 100 million in annual sales. .
“The rapid pace of immediately profitable acquisitions during the year dramatically increased our month-over-month sales figures,” said David Massey, president and CEO of Solar Integrated Roofing Corp. “This milestone is a testament to the inherent value of our rollup strategy, as sales of acquired companies have often exceeded expectations. In the short term, with the completion of our most urgent acquisitions, we will focus on maximizing profitability within the SIRC family of companies. I believe we are well positioned for continued operational execution over the coming seasonal months, creating sustainable value for our shareholders over the long term. “
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC: SIRC) is an integrated solar power installation and single source roofing systems platform company specializing in commercial and residential properties across the United States. The company serves communities by delivering the best experience through constant innovation and legacy-driven leadership. The Company’s wide range of solutions includes the sale and installation of solar power systems, battery backups and electric vehicle (EV) charging stations for roofing, HVAC and contract work. electrical related. For more information, please visit the company’s website at www.solarintegratedroofing.com.
All statements made in this press release that are not historical facts contain certain forward-looking statements; as such, this term is defined in the Private Security Litigation Reform Act of 1995, relating to potential 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 operations of the Company in general, may differ materially from what is projected in these forward-looking statements. While these statements are based on the best judgment of management of the company as of the date of this release, material differences 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, availability of outside capital, revenue collection and other factors , many of which are beyond the company’s control. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release should not be taken as a blanket solicitation.
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