RJD Green, Inc. (RJDG) Timely Files Annual Report on OTC Markets; Shows Pretax Income from Operations Of $5,335,137 as of August 31, 2022

Rhea-AI Summary

RJD Green Inc. (RJDG) filed its Annual Report for the fiscal year ended August 31, 2022. The company reported revenues of $5,335,137, a net operating profit of $388,796, and cash equivalents of $511,395. Annual revenue rose by 17.2% compared to 2021. The company has a backlog of revenues exceeding $1,340,000 and anticipates an 11.3% revenue increase for 2023. CEO Ron Brewer emphasized efforts to monetize assets and enhance shareholder value.

Positive

• Revenue increased by 17.2% year-over-year.
• Net operating profit stands at $388,796.
• Revenue backlog exceeds $1,340,000.
• Forecasted revenue growth of 11.3% for 2023.

Negative

• Incurred a one-time inventory write-down expense of $135,211.

Tulsa, OK, Dec. 08, 2022 (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, and actively exploring potential acquisitions and opportunities in diversified industries, announced that it has timely filed its Annual Report for the Year Ended, August 31, 2022.

Ron Brewer, CEO of RJD Green, said: "Our filing shows that as of August 31, 2022, we generated substantial revenues… $5,335,137 and Net Operating Profit of $388,796 with cash and cash equivalents of $511,395 as of August 31, 2022. EBITDA earnings were 16.2%. 

“We are focused on finding ways to monetize our assets and increase shareholder value fully. With acquisition efforts currently in progress, we look forward to seeing what our following year’s financial report will reflect.”  

Financial Results for the Fiscal Year August 31, 2022

• The Company had Revenue of $5,335,137 and a Net Operating Profit of $388,796 with cash and cash equivalents of $511,395 as of August 31, 2022.
• The Company has monthly recurring revenues of $444,947 with $4,03,136 in assets, liabilities of $1,526,296 as of August 31, 2022.

Financial Notes

• 2022 Revenues increased annually over 2021 by 17.2% 
• Net Operating Profits were 7.3% while incurring a $135,211 onetime inventory write down expense in 2022
• Backlog for revenues is greater than $1,340,000 as of August 31, 2022
• Revenue prior to additional business opportunities is forecast at 11.3% increase in 2023 pending continuing normalization of the national economy

The company will continue to provide corporate updates and encourages shareholders to visit the official RJD Green Inc. Twitter account at https://twitter.com/IncRjd. 

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 evaluation 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

FAQ

What were RJD Green's revenues for the fiscal year ended August 31, 2022?

RJD Green reported revenues of $5,335,137 for the fiscal year ended August 31, 2022.

What is RJD Green's net operating profit for 2022?

The net operating profit for RJD Green in 2022 was $388,796.

How much cash did RJD Green have as of August 31, 2022?

As of August 31, 2022, RJD Green had cash and cash equivalents of $511,395.

What is RJD Green's revenue backlog as of August 31, 2022?

RJD Green's revenue backlog is greater than $1,340,000 as of August 31, 2022.

What revenue growth is RJD Green anticipating for 2023?

RJD Green is forecasting a revenue growth of 11.3% for 2023.