#Solar #Stock News - Solar Integrated Roofing (OTC:
$SIRC) Grows July 2021 Sales 600% to Record $10.5 Million; @SIRCStock
Company Continues to Achieve Growth; Beats
Prior Monthly Sales Record Set in June 2021
EL CAJON, CA / August 3, 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, today announced that it achieved a record of at least $10.5
million in preliminary, unaudited sales in July 2021 – the highest monthly
sales ever recorded by the Company.
The July 2021 sales figure eclipses June
2021’s previous all-time monthly record, representing growth of at least 600%
as compared to the same year-ago period.
Read this news, featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/08031SIRC-Sales-Growth.asp
“The incredible sales growth we saw in July is
just the tip of the iceberg, as our marketing campaigns and recently acquired
companies are just starting to kick in – I believe we can continue this rapid
cadence of sequential growth in the historically busy fall season towards a
$150 million annual sales run rate,” said David Massey, Chief Executive Officer
of Solar Integrated Roofing Corp. “As we look inwards to prioritize organic
growth and key marketing initiatives get underway, I believe we will be well
positioned to achieve our goal of realizing synergies with scale and reaching a
sustainable level of profitability.
“Our acquisition plan is working, with USA
Solar Network and Future Home Power performing 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 reach near-term profitability.
“Taking our sustained sales momentum and
recently announced share buyback program into account, I believe we are well
positioned to create sustainable value for our shareholders over the long-term,”
concluded Massey.
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
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us
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