Solar Integrated Roofing Corp. Announces Record $10+ Million in Sales in June 2021


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Recent acquisitions drive continued growth toward near-term profitability

EL CAJON, CA / ACCESSWIRE / July 14, 2021 / Solar Integrated Roofing Corp. (OTC PINK:SIRC), an integrated, single-source solar and roofing installation company, today announced that its preliminary, unaudited sales for the month of June 2021 were a company record of more than $10.0 million.

The record month of sales was driven by strong industry tailwinds that supported organic growth, as well as the addition of revenue from recent acquisitions. Future Home Power sold more than $6.0 million in June, demonstrating the effectiveness of their lead generation capabilities. Due to the Future Home Power acquisition closing on June 9, 2021, not all sales will be recorded as Solar Integrated Roofing revenue. The company expects its recent record-breaking expansion and momentum to continue in the coming months as favorable seasonal trends develop and the company achieves its near-term target of $100 million in annual revenue.

“The rapid pace of immediate acquisitions throughout the year significantly boosted our monthly sales figures,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corp. “This milestone is a testament to the value inherent in our historic rollup strategy, as sales in acquired businesses have often exceeded expectations. In the near term, with our most pressing acquisitions completed, we will focus our focus on optimizing profitability within the SIRC family of companies. I believe we are well positioned for continued operational execution into the strong seasonal months ahead, creating long-term sustainable value for our shareholders.”

About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC PINK:SIRC), is an integrated, single-source solar and roofing installation platform specializing in commercial and residential real estate in the United States. The company serves communities by delivering the best experience through constant innovation and legacy-focused leadership. The company’s wide range of solutions spans the sale and installation of solar energy systems, backup batteries and charging stations for electric vehicles (EVs) to roofing, HVAC and related electrical installation work. For more information, visit the company’s website at: www.solarintegratedroofing.com.

Forward-Looking Statements
Any statements 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, in reference to potential developments affecting the business, prospects, financial condition and other aspects of the business to which this release relates. Actual results of the specific items described in this press release, and the Company’s operations in general, may differ materially from those projected in such forward-looking statements. While such statements are based on the best judgment of the company’s management as of the date of this press release, significant differences in size, timing and other factors could arise from business risks and uncertainties, including, but not limited to, reliance on the business of third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of income and other factors, many of which are beyond the company’s control. The company disclaims any obligation to update the information in any forward-looking statement. This press release should not be regarded as a general request.

Contact person for investor relations:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

SOURCE: Solar Integrated Roof Corp.

Check out the source version at accesswire.com:
https://www.accesswire.com/655435/Solar-Integrated-Roofing-Corp-Announces-Record-10-Million-in-Sales-in-June-2021

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