AND MORE COMING EVERY DAY!! VANCOUVER, British Columbia, Dec. 05, 2019 (GLOBE NEWSWIRE) -- Mission Ready Solutions Inc. (“Mission Ready” or the “Company”) (TSXV: MRS) is pleased to report a substantial increase in booked revenues for Q4 2019 – currently projected to be ~$10 million – up over 100% from the $4.9 million reported in the Q3 2019 and 1,400% over the reported revenue for the corresponding period in 2018 (Q4 2018). Revenues for October 1, 2019 through December 31, 2019 will be reflected in the Q4 2019 audited results which are due to be filed April 29, 2020.
The projected increase in revenues through Q1 2021 is primarily attributable to the scheduled fulfillment of confirmed orders received by the Company through its privileged access to numerous government contracting vehicles. In a news release dated September 20, 2019, the Company reported that its wholly-owned subsidiary – Unifire, Inc. (“Unifire”) – had received an aggregate of ~CAD $75,000,000 in orders to date during fiscal 2019. The aggregate value of these orders shipped, or scheduled to ship, during fiscal 2019 is projected to be ~$19,000,000, leaving ~$56,000,000 in queued orders that are scheduled to ship between Q1 2020 and Q1 2021.
More coming!!! Who does this on such a low MC? On the venture!
Rob