TULSA, OK, Aug. 20, 2024 (GLOBE NEWSWIRE) -- RJD Green Inc. (OTCPK: RJDG) CEO Ron Brewer discusses where RJD Green is at in 2024, and what is expected in the remainder of 2024 and 2025 on “The Street Report Podcast”.
CEO Ron Brewer discussed the progressions through 2024, and what he expects to occur in the remainder of 2024 and in 2025.
Ron Brewer, CEO stated:
“As we have finished the first half of calendar year and moving into the remainder of 2024, RJD Green’s divisions have all achieved some milestones in moving forward in revenue growth or achieving progression that will initiate growth.
“Our primary focus has been revenue and profit growth that hopefully will stimulate stock value.
“We have achieved that primarily in the Silex Holdings construction products division, while beginning to break some of the bearers of IoSoft Systems’ efforts within the healthcare payment systems software.
“At the start of 2024 we set a goal to achieve $10,000,000 in annual revenue with 15% or greater net operating profit. The action steps are to acquire small add-on opportunities that will complement our current internal growth which is on course for $6,000,000 revenue with 20% NOP.
“Although we are a microcap entity, we have solid financial performance, currently holding over $1,800,000 in capital.
“We are already in three months of negotiations on two construction product companies that either would increase our annual revenue to over $10,000,000 and contribute 15% to 18% NOP. We are in similar negotiations with two smaller software development firms that offer broadening our products and business sectors while increasing our IT team in the IoSoft Systems division. Both have products that have been introduced to the market and are ready for a regional to national marketing campaign.
“We feel once we establish a consistent $10,000,000 profitable revenue we can move up to a larger small-cap trading board, and also enhance stock value, while accessing the next level of investment interest for small-cap symmetrical acquisitions.
“We also feel the introduction of new products in Silex Holdings and new software in IoSoft will reflect additional internal growth in 2025.
“We continue to work diligently to execute our business model to create a substantive holding company with a focus on acquiring and managing assets and companies.”
https://www.globenewswire.com/en/news-release/2024/08/20/2932829/0/en/RJD-Green-Inc-s-CEO-Ron-Brewer-Discusses-Company-Structure-2024-Outlook-and-More-on-The-Street-Report-Podcast.html