Solar Integrated Roofing, Inc. Announces Record Month with
$2 Million USD in Revenues
Poway, CA --
September 9, 2020 -- InvestorsHub NewsWire
-- Solar Integrated
Roofing Corporation (OTC
PINK: SIRC), a leading integrated solar installation company,
is pleased to announce a record-setting $2 Million USD in revenue
for the month of August. SIRC recorded
these revenues at a 20% net profit, resulting in over $400,000
USD. Additionally,
SIRC anticipates the 2nd quarter of the fiscal year 2020 will be
the best quarter in the Company's history with revenue expected to
be $5 Million.
To
combat the continued
concerns surrounding Covid-19, the Company has switched primarily
to a virtual sales model allowing potential customers to meet with
our salespeople online. This allows for rapid expansion while
keeping the sales team based in San Diego. As the Company
continues to grow at an accelerated pace in the South Western
United States, with expansion into the highly lucrative markets of
Phoenix and Albuquerque, the sales team will continue to acquire
new customers and strengthen the Company's core
business. This will
free up additional assets to seek out new acquisitions, which
combined with current acquisition deals, will positively impact the
parameters of the financials.
Dave
Massey, CEO of Solar Integrated Roofing, Stated "We're extremely
excited to share these
revenue numbers with our shareholders. It's really been an amazing
quarter here and August figures are very strong. We are in a
powerful position and our expansion plans are going better than
anticipated with all parties working diligently to finalize
these deals. As we integrate the sales personnel from our previous
acquisitions into our virtual sales team, we are saving
tremendously on the costs associated with a standard salesforce
model. This is yet another step we are taking to add a significant
amount of revenue with very little additional costs. This will be a
banner year for Solar Integrated Roofing and we anticipate solid
growth throughout the remainder of 2020 and
beyond."
About Solar
Integrated Roofing Corporation:
Solar
Integrated Roofing
Corporation is an integrated solar and roofing installation company
specializing in commercial and residential properties with a focus
on acquisitions of like companies to build a footprint nationally.
The Company is focused on becoming a nationwide
leader in green energy by employing an effective strategy for solar
and roofing needs by making it cost-effective and energy-efficient.
For more information please visit: www.solarintegratedroofingcorp.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.
Contact
info:
SOLAR INTEGRATED
ROOFING CORPORATION
1475 N.
Cuyamaca
St.
El
Cajon,
CA 92020
www.solarintegratedroofingcorp.com
Phone:
(858) 437 5330
dmassey@sircfamily.com
