Deep And Experienced Management Team Drives The Success Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) As It Outperforms In Existing And Adjacent Sectors And Grows In Clean Energy Solar, Electric Energy Markets
Deep management strength enables Solar Integrated Roofing Corp. (OTC PINK: SIRC) to expand its existing solar and electrical contracting businesses while penetrating adjacent sectors such as electric tractors, new housing solar installations and EV charging stations. David Massey, CEO of the Company, oversees its forward aggressive drive and recent sales jump of 130+% to $5.3 Million in Q3 FY 2021, preliminary unaudited numbers show. Knowledgeable and experienced executives ensure outperformance in existing and adjacent sectors.
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPowerCorp. (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK) and Canadian Solar Inc. (NASDAQ: CSIQ).
Deep And Experienced Management Team Drives The Success Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) As It Outperforms In Existing And Adjacent Sectors And Grows In Clean Energy Solar, Electric Energy Markets
David Massey, CEO, leads the team now managing SIRC, which has a $25 million annual revenue run-rate. He has more than 30 years experience in the roofing industry and started his own company in 1989, and in 2008 became an installer of roofing solar systems and became an advocate of the green energy moment. He saw future trends: solar financing for less than the homeowner’s electric bill, rechargeable solar backup batteries, HVAC, electric tractors and state legislation that mandated solar systems on new residential construction. Now, he’s established a new dedicated division of SIRC to oversee installation of EV residential and commercial charging stations. California law mandates electric vehicles with a zero carbon footprint by 2035.
Brian Millholland, also a 30 year veteran of the solar roofing installation business, is president of Solar Integrated Roofing Corp. (OTC PINK: SIRC). Massey calls him a ‘solar guru’ in the Southern California market. Earlier this year, SIRC had acquired Milholland Electric, Inc., a company which generated about $10 million in annual revenues. At the time of the acquisition, Massey said, “While this integration takes shape, we will continue to look for acquisitions which are accretive to our bottom and top lines. We are building something here. Something bigger than any one person. We are building a company that we can all be proud of, especially our shareholders.”
Jennifer Bees is CFO of the fast-growing and expanding SIRC. She is a CPA and has an extensive background in corporate accounting, planning and — prior to joining the Company — had some 15 years experience of hands-on experience in various industries. Bees has a background in mergers & acquisitions, compliance and filings. She has managed internal and external audits and managed financial modeling, analysis and risk management.
This team of key executives gives Solar Integrated Roofing Corp. (OTC PINK: SIRC) an advantage in managing and growing the companies SIRC acquires and partners/joint ventures with in this growth spurt. Especially as it enters adjacent sectors, knowledge and experience at the executive level is key to its successful growth. Deep And Experienced Management Team Drives The Success Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) As It Outperforms In Existing And Adjacent Sectors And Grows In Clean Energy Solar, Electric Energy Markets.
Massey Sees “Exciting Acquisition Opportunities” In Existing And Adjacent Markets
“We continue to see exciting acquisition opportunities in markets we operate in, as well as in complementary adjacent markets, at attractive multiples,” Massey said. “With services now spanning solar, battery backup, EV charging, roofing installation, HVAC work and electrical contracting, we are well positioned to tackle increasingly large opportunities — such as entire new residential developments with our builder partners throughout California. I look forward to aggressive growth going into the fourth quarter and beyond.”
Multiple New Markets For SIRC
Solar Integrated Roofing Corp. (OTC PINK: SIRC) has a recent record of organic growth, sales increases by acquisition and multiple-revenue streams from an expanding geographic footprint into more states and alliances with more firms. New markets for SIRC include: EV charging stations for residential and commercial; new home market installations; HVAC system installations; joint venture with long-time HVAC installer Enerev, LLC; Certified installer of Tesla (NASDAQ: TSLA) branded solar roofs and Powerwall line of lithium-ion solar batteries; and naming SunPower Corporation as its premier solar dealer as it expands into New Mexico.
Recently it signed an agreement to provide solar panels and related equipment with electric tractor manufacturer and developer Solectrac, Inc., an applicant of a $500 Million USTDA (United States Trade And Development Agency) grant. That’s the latest in a multiple parade of SIRC’s new markets and alliances. Deep And Experienced Management Team Drives The Success Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) As It Outperforms In Existing And Adjacent Sectors And Grows In Clean Energy Solar, Electric Energy Markets.
Alternative Powered All-Electric Tractors
The newest is its agreement within the $75 billion global agricultural equipment market. This industry, primarily diesel powered today, is seeking to operate on alternative powered tractors to reduce pollution with sustainable electric-powered tractors. SIRC’s agreement with Solectrac, Inc., located in Northern California, has developed and manufactured 100% battery powered, all-electric tractors for agriculture and utility operations.
SIRC Projects Record-Breaking $40+ Million Volume In FY 2022, Ending February 28, 2022
SIRC projects that its volume will report a record breaking $40+ million in fiscal 2022 revenues, ending February 28, 2022. Solar Integrated Roofing Corp. (OTC PINK: SIRC) forecast that it would report record volume of $20 million for FY 2021, ended February 28, 202. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Expands Multiple Revenue Stream Strategy In Solar And Electric To Enter Agricultural Equipment, EV Charging, New Home Installations, HVAC, Joint Ventures, Solar Battery Storage With Tesla,Inc.(NASDAQ: TSLA) And Growth In More States.
Goldman Small Cap Research Bullish On SIRC
Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Sales Projected To Reach $38.5 Million In FY 2022, $90 Million In FY 2023 At Substantial Positive Profit In Both Years; $0.25 Price Target Set For 3-6 Months: Goldman Small Cap Research.
Learn more about Solar Integrated Roofing Corp. (OTC PINK: SIRC) at its website.
Source: Stock Market Press
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