Jun 03, 2021 (Stock Market Press via COMTEX) -- Management of Solar Integrated Roofing Corp. (OTC PINK: SIRC) will present at the 2021 LD Micro Invitational XI virtual investor conference on Wednesday, June 9, at 1:30 p.m. EDT Track 3. Since its last appearance at the Planet MicroCap virtual investor conference, SIRC has announced at least $100 million preliminary 12 month revenue guidance through May 31, 2022, reflecting its rapid growth both through acquisitions and organically. David Massey, CEO of SIRC, said the company could grow volume even further in this time period if SIRC continues to populate its acquisition pipeline. To view SIRC's presentation live at the 2021 LD Micro Invitational XI Conference go to the webcast: https://ldmicrojune2021.mysequire.com To register for the event go to https://ldmicrojune2021.mysequire.com
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The 2021 LD Micro Invitational XI is seen as one of the most influential conferences in the small cap stock world. Day two and three (SIRC is presenting on Day Two) is reserved for presentations by small cap companies that are newcomers that are on the 'cusp' of doing big things, management of the Conference said. Solar Integrated Roofing Corp. (OTC PINK: SIRC) To Present At 2021 LD Micro Invitational XI Virtual Investor Conference On Wednesday, June 9, At 1:30 P.M. EDT Track 3; SIRC Has Announced $100 Million Preliminary 12 Month Revenue Guidance Through May 2022.
The presentation for Solar Integrated Roofing Corp. (OTC PINK: SIRC) at the 2021 LD Micro Invitational XI Conference could not be more timely. David Massey, CEO of fast-growing SIRC, and the company, offered at least $100 million preliminary 12 month revenue guidance through May 31, 2022, reflecting its rapid growth both through acquisitions and organically. That is based on SIRC rolling up roofers and solar and battery installers creating a true platform company as well as shoring up its back office and sales efficiencies/capabilities to scale nationwide, he said.
SIRC Accelerated Pace Of Acquisitions
David Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), said, "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 back office and sales capabilities to scale nationwide. 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."
If SIRC Further Populates Its Acquisition Pipeline, The $100 Million Guidance Figure Could Grow
Massey added, "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."
The company pointed out that final recognized revenue is subject to SIRC'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. Solar Integrated Roofing Corp. (OTC PINK: SIRC) To Present At 2021 LD Micro Invitational XI Virtual Investor Conference On Wednesday, June 9, At 1:30 P.M. EDT Track 3; SIRC Has Announced $100 Million Preliminary 12 Month Revenue Guidance Through May 2022.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) recently signed a binding letter of intent (LOI) to continue its renewable energy buying spree and acquire San Diego, Ca.-based Future Home Power, a fast-growing solar and battery storage sales company. David Massey, CEO of SIRC, said Future Home Power would serve as SIRC's "business development arm" driving a robust project flow for installers already working for the company's portfolio of roofing and solar firms. Massey believes Future Home Power can scale to a $1 million per week volume flow at 45%+ gross margins as early as June 2021.
Earlier, SIRC had acquired Cornerstone Construction, which is based in South Carolina and operates as a roofer/solar installer and consultant in five markets/states -- giving SIRC a national geographic footprint in the industry. Prior, SIRC had purchased Enerev, LLC, a roofing/solar installer. For its EV Charging Station dedicated division, SIRC acquired Pacific Lighting Management Co. (or PLEMco.) Solar Integrated Roofing Corp. (OTC PINK: SIRC) To Present At 2021 LD Micro Invitational XI Virtual Investor Conference On Wednesday, June 9, At 1:30 P.M. EDT Track 3; SIRC Has Announced $100 Million Preliminary 12 Month Revenue Guidance Through May 2022.
To ensure all the portfolio of SIRC companies operate efficiently and generate cost savings via operating efficiencies, the Company also acquired Balance LLC -- which provides back room critical services such as estimating, billing and other administration functions. Balance LLC will offer parent SIRC and its subsidiaries efficiency in scaling and important synergies for existing and new acquisitions.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/ .
Source: Stock Market Press
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