“We are focused on finding ways to monetize our assets and increase shareholder value fully. With acquisition efforts currently in progress, we look forward to seeing what our following year’s financial report will reflect.”
Financial Results for the Fiscal Year
- The Company had Revenue of
$5,335,137 and a Net Operating Profit of$388,796 with cash and cash equivalents of$511,395 as ofAugust 31, 2022 . - The Company has monthly recurring revenues of
$444,947 with$4,03,136 in assets, liabilities of$1,526,296 as ofAugust 31, 2022 .
Financial Notes
- 2022 Revenues increased annually over 2021 by 17.2%
- Net Operating Profits were 7.3% while incurring a
$135,211 onetime inventory write down expense in 2022 - Backlog for revenues is greater than
$1,340,000 as ofAugust 31, 2022 - Revenue prior to additional business opportunities is forecast at 11.3% increase in 2023 pending continuing normalization of the national economy
The company will continue to provide corporate updates and encourages shareholders to visit the official
About
The Company operates as a holding company with a focus of acquiring and managing assets and companies.
Visit http://www.rjdgreen.com.
Forward-looking Statement:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events of future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluation such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's
Company Contact:
918.551.7883
ronb@rjdgreen.com
Investor Relations:
(561) 807-6350
Source:
2022 GlobeNewswire, Inc., source