Tulsa, OK, April 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- RJD Green (OTCPK: RJDG) is a publicly traded company that operates as a holding company focusing on acquiring, managing assets, and actively exploring potential acquisitions and opportunities in diversified industries. Today RJD Green announced highlights from the Quarterly Report for the six months ended February 28, 2022.
Ron Brewer, CEO of RJD Green, said: "As our filing as of February 28, 2022 reflects, we generated substantial revenues… $2,384,112 and Net Operating Profit of $321,867 with cash and cash equivalents of $351,516. We feel this was a solid result during a time of challenging material prices and freight cost, along with significant weather interference with the Silex Holdings projects. We are focused on finding ways to monetize our assets and increase shareholder value fully, which currently reflects $2,879,179 in Shareholder Equity. With acquisition efforts in place, we look forward to progressing the solid efforts of RJD Green."
Financial Results for the Six Months ending February 28, 2022:
- The Company had Revenue of $2,384,112 and EBITDA Profit of $387,800 (16.3%) with cash and cash equivalents of $351,516.
- The Company has monthly recurring revenues of $397,352 with $4,397,300 in assets, liabilities of $1,518,121 of which $968,160 is internal debt between two of RJD Green's wholly-owned subsidiaries and shareholder equity of $2,879,179.
Financial Notes
- Prior to further acquisition success, revenues for the six-month reporting period reflect our ability to reach over $5,000,000 in revenue for fiscal year 2022, as the last six months of our fiscal year are historically the larger revenue months.
- Net Operating Profits increased by 9.1% from the same reporting period of 2021.
- Assets increased by 5.1 % from the 2021 year ended August 31, 2021, and liabilities decreased by 6.2% since August 31, 2021
- Backlog for Silex Holdings is greater than $1,000,000 as of February 28, 2022, and IO Soft Inc. has slowly increased service contracts from the additional software platforms launched in 2022, as well, additional business development contracts have been put in place.
RJDG will continue to provide corporate updates and encourages shareholders to visit the official RJD Green Inc. Twitter account at https://twitter.com/IncRjd.
About RJD Green, Inc.
Visit http://www.rjdgreen.com.
Forward-looking Statement:
Company Contact:
Ron Brewer, CEO
918.551.7883
Investor Relations:
Douglas Baker at [email protected]
(561) 807-6350
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