AmeriCrew, Inc. Announces Another Record Revenue Month

Rhea-AI Summary

AmeriCrew Inc. (OTC PINK:ACRU) reported record monthly gross revenue exceeding $1,500,000 for June 2022. CEO Kelley Dunne emphasized the team's dedication and commitment to enhancing performance and profitability through cost reduction. The revenue figures were prepared by management and have not undergone independent auditing. AmeriCrew specializes in providing workforce solutions primarily employing military veterans in the telecom and clean energy sectors.

Positive

• Record monthly gross revenue exceeding $1,500,000 in June 2022.
• Focused on reducing costs to increase cash flow and profitability.
• Utilizes a unique in-house training program to hire military veterans.

Negative

• Revenue figures have not been audited or reviewed by independent auditors.
• Forward-looking statements highlight potential economic risks including inflation, supply chain disruptions, and COVID-19 impacts.

DUMONT, NJ / ACCESSWIRE / July 14, 2022 / AmeriCrew Inc. (OTC PINK:ACRU) ("AmeriCrew"), a national infrastructure company focused on training and employing our nation's military and veteran workforce, today announced that the Company generated monthly gross revenue in excess of $1,500,000 for June 2022 which is a record revenue month for the Company.

"As we continue to build on our monthly revenue and performance, it is very exciting to see our growth plan develop", said CEO, Kelley Dunne. "Our team is extremely dedicated and works day in and day out to contribute to the success of each of the Company's verticals. The team is also focused on reducing costs to increase cash flow aiming to achieve and maximize profitability."

The gross revenue results disclosed in this press release are management prepared and have not been audited or reviewed by the Company's independent auditor.

About AmeriCrew Inc.

AmeriCrew provides specialty contracting services to market participants in the telecom and clean energy industries throughout the United States. The majority of our workforce is staffed through a unique in-house training program through which we hire and train military veterans.

To learn more, visit www.AmeriCrew.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding AmeriCrew's continued revenue growth and efforts to reduce costs and achieve and maximize profitability. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events. Some or all of the events anticipated by these forward-looking statements may not occur. Important factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to, the risks arising from economic issues including the onset of a recession, the adverse impacts of increased inflation rates and the Federal Reserve's policy of increasing interest rates in response, supply chain disruptions and consequent limitations on our ability to obtain raw materials as well as similar problems with our independent contractors, vendors and other collaborators, our ability to recruit new employees, potential delays or setbacks in the performance of our contractual obligations, the potential impact of the COVID-19 pandemic including new variants on the national economy and our business, our inability to raise sufficient capital to sustain our operations and further our business goals as and when needed, the condition of the capital markets and opportunities for microcap companies, and our limited operating history as a combined company following our August 2021 reverse merger transaction. Further information on our risk factors is contained in our filings with the SEC, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 filed with the Securities and Exchange Commission on April 15, 2022. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

CONTACT:

Ross DiMaggio, CFO
rdimaggio@americrew.com
609.433.6711

SOURCE: AMERICREW INC.

View source version on accesswire.com:
https://www.accesswire.com/708444/AmeriCrew-Inc-Announces-Another-Record-Revenue-Month

FAQ

What was AmeriCrew's gross revenue for June 2022?

AmeriCrew reported a record gross revenue of over $1,500,000 for June 2022.

What does AmeriCrew Inc. do?

AmeriCrew provides specialty contracting services in the telecom and clean energy sectors, primarily hiring military veterans.

What is the stock symbol for AmeriCrew?

AmeriCrew trades under the stock symbol ACRU.

Are AmeriCrew's revenue figures audited?

No, the revenue figures reported in the press release have not been audited or reviewed by independent auditors.

What risks does AmeriCrew face moving forward?

Potential risks include economic issues, supply chain disruptions, and impacts from the COVID-19 pandemic.