Apple Rush Company, Inc. Achieves Milestone with First Million-Dollar Quarter
Apple Rush Company, Inc. (OTCPK:APRU) reports record-breaking financial results for Q2 2024. The company achieved its first million-dollar quarter, generating $1,046,556 in Q2 alone. Year-to-date revenues are up an impressive 14,185% compared to 2023. This significant growth is attributed to the success of APRU's operating subsidiaries in botanical extraction, brewing, co-packing, and product development.
CEO Tony Torgerud highlighted the success of their growth-by-acquisition strategy initiated in 2022. The company expects continued strong performance for the rest of the year. Lena Brewing, a subsidiary, plans to expand operations to produce 1 million cans per month over the next 12 months. APRU is also working on reducing the number of shares and will announce updates on this process soon.
Apple Rush Company, Inc. (OTCPK:APRU) riporta risultati finanziari da record per il secondo trimestre del 2024. L'azienda ha raggiunto il suo primo trimestre da un milione di dollari, generando $1.046.556 solo nel secondo trimestre. I ricavi dall'inizio dell'anno sono aumentati di un impressionante 14.185% rispetto al 2023. Questa crescita significativa è attribuita al successo delle sussidiarie operative di APRU nell'estrazione botanica, nella produzione di birra, co-packing e nello sviluppo di prodotti.
Il CEO Tony Torgerud ha evidenziato il successo della loro strategia di crescita per acquisizioni avviata nel 2022. L'azienda prevede una continua forte performance per il resto dell'anno. Lena Brewing, una sussidiaria, prevede di espandere le operazioni per produrre 1 milione di lattine al mese nei prossimi 12 mesi. APRU sta anche lavorando per ridurre il numero di azioni e annuncerà presto aggiornamenti su questo processo.
Apple Rush Company, Inc. (OTCPK:APRU) informa sobre resultados financieros récord para el segundo trimestre de 2024. La compañía logró su primer trimestre de un millón de dólares, generando $1.046.556 solo en el segundo trimestre. Los ingresos acumulados hasta la fecha han aumentado un impresionante 14.185% en comparación con 2023. Este crecimiento significativo se atribuye al éxito de las subsidiarias operativas de APRU en extracción botánica, elaboración de cerveza, co-packing y desarrollo de productos.
El CEO Tony Torgerud destacó el éxito de su estrategia de crecimiento por adquisición iniciada en 2022. La compañía espera un rendimiento fuerte continuo para el resto del año. Lena Brewing, una subsidiaria, planea expandir operaciones para producir 1 millón de latas al mes durante los próximos 12 meses. APRU también está trabajando en reducir el número de acciones y anunciará actualizaciones sobre este proceso pronto.
Apple Rush Company, Inc. (OTCPK:APRU)는 2024년 2분기에 기록적인 재무 결과를 보고했습니다. 이 회사는 첫 번째 백만 달러 분기를 달성하여 2분기 단독으로 $1,046,556을 생성했습니다. 연중 총 수익은 2023년에 비해 무려 14,185% 증가했습니다. 이러한 중요한 성장은 APRU의 식물 추출, 양조, 공동 포장 및 제품 개발 부서들의 성공에 기인합니다.
CEO 토니 토게루드는 2022년에 시작된 인수 성장 전략의 성공을 강조했습니다. 이 회사는 올해 나머지 기간 동안 강력한 성과를 지속할 것으로 기대하고 있습니다. 자회사인 레나 브루잉은 향후 12개월 동안 월 100만 캔을 생산하기 위해 운영을 확장할 계획입니다. APRU는 또한 주식 수를 줄이는 작업을 진행 중이며, 이 과정에 대한 업데이트를 곧 발표할 예정입니다.
Apple Rush Company, Inc. (OTCPK:APRU) annonce des résultats financiers records pour le deuxième trimestre 2024. L'entreprise a réalisé son premier trimestre à un million de dollars, générant 1.046.556 $ seulement au 2ème trimestre. Les revenus depuis le début de l'année ont augmenté de manière impressionnante de 14.185 % par rapport à 2023. Cette croissance significative est attribuée au succès des filiales opérationnelles d'APRU dans l'extraction botanique, le brassage, le co-packing et le développement de produits.
Le PDG Tony Torgerud a souligné le succès de leur stratégie de croissance par acquisition lancée en 2022. L'entreprise prévoit une performance solide continue pour le reste de l'année. Lena Brewing, une filiale, prévoit d'élargir ses opérations pour produire 1 million de canettes par mois au cours des 12 prochains mois. APRU travaille également à réduire le nombre d'actions et annoncera bientôt des mises à jour sur ce processus.
Apple Rush Company, Inc. (OTCPK:APRU) berichtet von rekordverdächtigen finanziellen Ergebnissen für das 2. Quartal 2024. Das Unternehmen erzielte sein erstes Millionen-Dollar-Quartal und generierte 1.046.556 $ allein im 2. Quartal. Die Umsätze im laufenden Jahr sind beeindruckend um 14.185% im Vergleich zu 2023 gestiegen. Dieses signifikante Wachstum ist auf den Erfolg der operativen Tochtergesellschaften von APRU in der botanischen Extraktion, dem Brauen, Co-Packing und der Produktentwicklung zurückzuführen.
CEO Tony Torgerud hob den Erfolg ihrer Wachstumsstrategie durch Akquisitionen hervor, die 2022 eingeleitet wurde. Das Unternehmen erwartet auch für den Rest des Jahres eine weiterhin starke Leistung. Lena Brewing, eine Tochtergesellschaft, plant, ihre Produktion in den nächsten 12 Monaten auf 1 Million Dosen pro Monat zu erweitern. APRU arbeitet außerdem daran, die Anzahl der Aktien zu reduzieren und wird bald aktualisierte Informationen zu diesem Prozess bekanntgeben.
- Achieved first million-dollar quarter with $1,046,556 in Q2 2024
- Year-to-date revenues up 14,185% compared to 2023
- Successful growth-by-acquisition strategy yielding rapid revenue and profit gains
- Planned expansion of Lena Brewing to 1 million cans per month production capacity
- Strong margins in the nutraceutical market sector
- None.
Record-Breaking 14,
ORLANDO, FL, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Apple Rush Company, Inc. (OTCPK:APRU), a leading player in the functional beverage industry, proudly reports its 2nd quarter financials. The results in the first half of the year are due to the success of the operating subsidiaries. Apple Rush Company, Inc has structured itself as a holding company focused on the beverage and nutraceutical space. The results come from botanical extraction, brewing, co-packing, and product development.
Tony Torgerud, CEO of APRU, stated, "It is my pleasure to inform our valued stakeholders of the success we have achieved through our growth by acquisition initiatives started in 2022. We decided it would be beneficial for everyone to seek acquisitions that could produce rapid revenue and profit gains for our investors. It has taken a couple of years to come together, but the efforts we have made and the challenges we have overcome have provided us with an opportunity that hasn't been seen in years. Our year-to-date revenues are up 14,
Ross Vehmeier, president of Lena Brewing, commented, "The growth we have seen in the company over the last six months is exciting. As we continue to execute our expansion plans, we will deliver results that our shareholders can be proud of. We plan to ultimately expand our operations here in Lena to 1 million cans a month over the next 12 months. I believe this growth is attainable, and we will have several more announcements in the coming months."
Tony continued, "I will keep looking for opportunities that make sense and will continue to structure our operations to deliver consistent results over the next few years. This is the hottest sector in the nutraceutical market, and the margins are very strong. We are still working on reducing the number of shares and will be making announcements about that process soon."
Thank you to all that have believed in us and keep watching for additional updates.
About The Apple Rush Company, Inc.
The Apple Rush Company, Inc., through its subsidiary APRU, LLC, is a distributor of CPG products under the trademarked Apple Rush brand, Element brand and other labels. The Apple Rush brand has more than 50 years of existence in the natural beverage industry. As a historical leader in the organic and natural beverage sector our goal is to now become a leader in the distribution of anhydrous hemp oil products nationwide. For more information, please go to www.aprubrands.com, www.element-brands.com, https://elementk.kratomwave.store, www.alkhemicalroots.com with our expanded product portfolio.
Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise.
For media inquiries, please contact:
Investor Relations Contact: Tony Torgerud; 888-741-3777 x 2
www.aprubrands.com
FAQ
What was Apple Rush Company's (APRU) revenue growth in the first half of 2024?
How much revenue did Apple Rush Company (APRU) generate in Q2 2024?
What is Lena Brewing's expansion plan for Apple Rush Company (APRU)?
What sectors does Apple Rush Company (APRU) operate in?
