Solar Integrated Roofing Announces $100 Million Preliminary 12 Month Revenue Guidance

EL CAJON, CA / ACCESSWIRE / May 20, 2021 / Solar Integrated Roofing Corp. (OTC PINK: SIRC), an integrated company for the installation of solar power and rooftop systems from a single source, announced today that revenues in the 12 months ending May 31, 2022 are expected to increase preliminary sales to at least $ 100 million.

“We accelerated our rapid acquisition pace in 2021, bringing roofers and solar and battery installers to market – creating a true platform company with the back office and sales capabilities that can be scaled nationwide,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Group. “Taking into account our recently acquired companies, we have built a significant customer base across the SIRC family of companies. Although our business is seasonal and revenue is not evenly split from month to month, we expect the acquisitions announced so far to generate revenue of at least $ 100 million over the next 12 months.

“We are realizing both acquisitive and organic growth on all fronts while minimizing dilution. Looking ahead, we will continue to fill our acquisition pipeline, which could further increase this revenue forecast of $ 100 million. I look forward to further operations Implementation in the coming months in close cooperation with our team in order to create long-term sustainable value for our shareholders “, concludes Massey.

The final reported earnings are subject to Solar Integrated Roofing’s annual and quarterly audits and, accordingly, will be released with the Company’s audited financial statements and related annual and quarterly reports once the full reporting is complete.

About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) is an integrated, one-stop solar power and rooftop installation company specializing in commercial and residential real estate in the United States. The company’s wide range of solutions range from selling and installing solar energy systems, battery backup and charging stations for electric vehicles (EV) to roofing, HVAC and related electrical contracting work. For more information, please visit the company’s website at www.solarintegratedroofing.com

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Forward-Looking Statements
All statements made in this press release that are not historical facts contain certain forward-looking statements; as that term is defined in the Private Security Litigation Reform Act of 1995 and affects potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release relates. Actual results on the specific points described in this press release, and the company’s business in general, could differ materially from those projected in such forward-looking statements. While such statements are based on the best estimates of the company’s management as of the date of this release, material differences in size, timing and other factors could result from business risks and uncertainties, including, but not limited to, the company’s dependence on third parties, general market and other factors Economic conditions, technical factors, the availability of debt capital, revenue, 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 statements. This press release is not a general solicitation.

Investor Relations Contact:
Lucas A. Zimmermann
Senior Vice President
MZ North America
Main: 949-259-4987
[email protected]
www.mzgroup.us

SOURCE: Solar Integrated Roof Corp.

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