TULSA, OK, July 24, 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, while actively exploring potential acquisitions and opportunities in diversified industries, announced the results of its Quarterly Report for Q3 Ended, May 31, 2023.
Ron Brewer, CEO of RJD Green, said: "Our results shows that as of May 31, 2023, for the third quarter, we are on course for over $5,000,000 annual revenue with 10.5% net operating profit; through Quarter Three $3,652,371 in Revenue and Net Operating Profit of $521,815, with cash and cash equivalents of $803,988 as of May 31, 2023. We are focused on finding ways to monetize our assets and increase shareholder value fully. RJD is currently very actively engaged in acquisition efforts that are symmetric with our current operations and bring immediate and long-term growth. We look forward to seeing the fruit of our efforts by completing one or more of these opportunities.
“RJD Green revenue projections for the Fiscal Year ending August 31, 2023, are $5,100,000 with an expected Net Operating Profit of $727,250.”
Financial Results of the Third Quarter for Fiscal Year August 31, 2023.
- The Company had year to date Revenue of $3,652,371 and a Net Operating Profit of $521,815 with cash and cash equivalents of $803,988 as of May 31, 2023.
- The Company has monthly recurring revenues of $415,254 with $2,454,695 in assets, liabilities of $454,007 and shareholder equity of $2,000,659 as of May 31, 2023.
Financial Notes
- Revenues have increased annually since the merger of RJG Green accompanied with annual profit growth each year.
- Backlog for Silex Holdings is currently greater than $2,400,000 as of May 31, 2023, and IOSoft Inc. has diversified its software platforms to reach more diverse markets.
The company will continue to provide corporate updates and encourages shareholders to visit our website, www.rjdgreen.com, the official RJD Green Inc. Twitter account at https://twitter.com/IncRjd, and follow our press releases for updated information.
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
Investor Relations:
OTC PR Group
Douglas Baker at corp@otcprgroup.com
(561) 807-6350