Solar Integrated Roofing Corp. (OTC PINK: SIRC) Chairman And CEO Dave Massey Projects SIRC Within Next 24 Months Could Realize $300 Million In New Revenues; Troy Clymer, COO Of Company, And Pablo Diaz, CEO Of USA Solar Network, Interview At NASDAQ Marketsite
Solar Integrated Roofing Corp. (OTC PINK: SIRC) Chairman and CEO Dave Massey projected that SIRC, inclusive of all its acquisitions, could within 24 months generate $300 million in new revenues. As its reaches a “clear inflection point” in its growth trajectory resulting from its 14 acquisitions in the past year and significant synergies it is realizing across its family of companies. Troy Clymer, COO of SIRC, and Pablo Diaz, CEO of USA Solar Network, were interviewed exclusively at the NASDAQ Marketsite by host Jane King. See the complete interview on YouTube here.
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Solar Integrated Roofing Corp. (OTC PINK: SIRC) Chairman And CEO Dave Massey Projects SIRC Within Next 24 Months Could Realize $300 Million In New Revenues; Troy Clymer, COO Of Company, And Pablo Diaz, CEO Of USA Solar Network, Interview At NASDAQ Marketsite
David Massey, Chairman and CEO of SIRC, said, “Our recently announced New Solar Jump Start program helping roofing companies transition to solar is underway, as is our audit, which puts us on track for an OTCQB up listing in preparations for a NASDAQ up listing in the future. We believe that within 24 months, inclusive of all acquisitions, we could realize $300 million in new revenues.
“We are reaching a clear inflection point in our growth trajectory, generating monthly revenues nearly in line with our with our annual results not long ago. I am proud of our team’s commitment to driving forward the business and am thankful for our valued shareholders who stuck with us as we laid the groundwork for this next phase,” Massey continued. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Chairman And CEO Dave Massey Projects SIRC Within Next 24 Months Could Realize $300 Million In New Revenues; Troy Clymer, COO Of Company, And Pablo Diaz, CEO Of USA Solar Network, Interview At NASDAQ Marketsite.
Troy Clymer, COO of SIRC, at the NASDAQ Marketsite interview emphasized SIRC is focusing on organic or internal growth now, and is also benefiting from the excitement of the interaction of acquired businesses: “Blending vertical models and mixing them into one is creating SIRC as a national energy company,” he told host Jane King. “We are bringing together roofing, solar, EV and battery charging.” See the complete interview here.
He added, “This brings together different business models. We’re entering a phase of tremendous growth.” He said the result of this blending of different companies is creating an atmosphere of “One plus One equals 99.” He said that SIRC is well positioned as its stays ahead of current proposed infrastructure bill — a green energy company with a national footprint.
Pablo Diaz said, “All these different vertical businesses create new revenue streams. A customer can buy solar and roofing from one company.” Solar Integrated Roofing Corp. (OTC PINK: SIRC) Chairman And CEO Dave Massey Projects SIRC Within Next 24 Months Could Realize $300 Million In New Revenues; Troy Clymer, COO Of Company, And Pablo Diaz, CEO Of USA Solar Network, Interview At NASDAQ Marketsite.
Clymer said he would be in San Diego the week of September 13th to help work with the company’s auditors as they prepare documents for a future proposed up listing — the first to OTCQB, and the second to NASDAQ itself.
“Our pro forma is telling us we can achieve $300 million in new revenues within 24 months,” Clymer said. “We’re doing almost as much in a month as we did in a whole year.” Solar Integrated Roofing Corp. (OTC PINK: SIRC) Chairman And CEO Dave Massey Projects SIRC Within Next 24 Months Could Realize $300 Million In New Revenues; Troy Clymer, COO Of Company, And Pablo Diaz, CEO Of USA Solar Network, Interview At NASDAQ Marketsite.
Diaz added, “The most prolific way to lower the carbon footprint is solar.”
SIRC is making big news with both its acquisitions and internally-generated organic growth. It reported record YOY sales in July of $10.5 million and David Massey alluded to large volume again in August. The NASDAQ Marketsite interview and the live Q&A session on Discord reflects the introduction to shareholders and the financial community at large of the executive team members.
Making more news is Jason Newby, founder of SIRC-acquired Future Home Power (FHP). He has appeared in a YouTube video in which he describes his soaring business selling solar systems. He talked about his SIRC-owned firm generating some $10.6 million volume in a three month period. He is projecting $100 million in revenue in the next 15 months — from June 1 through August 31. Speed is a key factor. Newby said from the time a sale is made, in just three days installation begins of the new solar system.
David Massey said of the NASDAQ Marketsite interview, “Our corporate growth over the past year has been absolutely phenomenal. Everyone has put in their best effort, providing for rapid assimilation of acquisitions into the SIRC family of companies, while growing our client base and exponentially increasing revenues. To have all this effort now recognized with an interview at NASDAQ Marketsite is ‘icing on the cake.’” Solar Integrated Roofing Corp. (OTC PINK: SIRC) Chairman And CEO Dave Massey Projects SIRC Within Next 24 Months Could Realize $300 Million In New Revenues; Troy Clymer, COO Of Company, And Pablo Diaz, CEO Of USA Solar Network, Interview At NASDAQ Marketsite.
FHP is a fast-growing company, with record monthly sales. Massey has projected sales in FY 2022 of $100+ million and now guidance is $250 million for FY 2023. One of SIRC’s most recent transactions was its JV partnership agreement to begin hosting a series of monthly Solar Educational Events throughout the United States as part of a non-dilutive partnership JV agreement with American Contractor and ContractorCoachPRO, SIRC. The goal is to attract future contractors for SIRC subsidiary USA Solar Network. SIRC anticipates the program could generate $1.5 million in monthly recurring revenue per event from contractors who join the USA Solar Networks.
SIRC will begin hosting monthly free Solar Educational Events in “solar-friendly” markets in September for prospective installers. The first Event in this series will be September 23 in Texas, Massey said in a live Q&A to shareholders. Attendees can either convert to or add solar to their business plan by joining SIRC subsidiary USA Solar Network. David Massey, chairman and CEO of SIRC, stressed that this agreement is non-dilutive.
David Massey, Chairman and CEO of SIRC, said, “We are targeting a monthly attendance of 50 contractors and project 20% of event attendees will choose to join us. If each contractor then contributes an average of five deals a month at an average of $40,500 per deal, each event could conservatively generate over $1.5 million in recurring revenue per month — which adds up quickly over several events.”
Massey added that the key to the success of the program is the synergy between USA Solar Networks, American Contractor and ContractorCoachPRO. He predicted that the JV partnership would offer “the highest likelihood” for success for member dealers.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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