TULSA, OK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - RJD Green Inc. (OTCPK: RJDG), a publicly traded company that operates as a holding company focusing on acquiring and managing assets, and actively exploring potential acquisitions and opportunities in diversified industries, announced that it has timely filed its Annual Report for the Year Ended, August 31, 2023.
Ron Brewer, CEO of RJD Green, said: "Our filing shows that as of August 31, 2023, we generated solid revenues… $5,019,239 and Net Profit of $642,678 with cash and cash equivalents of $819,724 as of August 31, 2022. EBITDA earnings were 16.1%.
We are finding initial success monetizing our assets to increase shareholder value. With acquisition efforts starting to complete, we see a possible 50% or greater growth in 2024."
Financial Results for the Fiscal Year August 31, 2022
- The Company had Revenue of $5,019,239 and a Net Profit of $642,678, with cash and cash equivalents of $819,724 as of August 31, 2023.
- The Company has monthly recurring revenues of $418,269 with $2,455,631 in assets, liabilities of $334,039 as of August 31, 2023.
Financial Notes
- 2023 Revenues were basically the same as 2022
- 2023 Net Profits were 25.4% greater than 2022
- Backlog for revenues is greater than $1,640,000 as of August 31, 2023
- Revenue without the additional business opportunities is forecast at 10.6% increase in 2024 pending continuing normalization of the national and world economies.
The company will continue to provide corporate updates and encourages shareholders to visit the official RJD Green Inc. Twitter account at https://twitter.com/IncRjd and Facebook.
About RJD Green, Inc.
The Company operates as a holding company with a focus of acquiring and managing assets and companies. RJD Green operates in three divisions: RJD Green Healthcare Services Division, which owns IoSoft Inc., a company that provides discrete payment technologies, services and software that can be integrated into targeted offerings for healthcare provider networks, hospitals, healthcare payers and individual providers;
Earthlinc Environmental Services Division, which provides green environmental services and technologies; and Silex Holdings Division, which is focused in specialty construction and industrial services. The initial operations, Silex Interiors, fills a market niche between the Home Depots and local contractors. Silex manufactures and installs granite and other counter tops, cabinets and related products to the residential builder, commercial contractor, remodel contractor and DIY customer.
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 evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.
Company Contact:
RJD Green, Inc.
Ron Brewer, CEO
918.551.7883
ronb@rjdgreen.com
