RJD Green, Inc. (OTC Pink: RJDG) is a development stage company that is engaged in green energy, environmental services, and other contracting work relating to environment. Shares of RJD Green, Inc. are surging 71.43%, during early morning trading on Wednesday, November 23, 2016. Over the past month, RJD Green, Inc. has seen average daily volume of 235,097 shares. However, nearly 7.3 million shares or dollar volume of $87,600, has already exchanged hands on Wednesday, November 23, 2016.
Shares of RJD Green, Inc. are soaring today, after the company released fiscal year-end revenues and made forecasts for fiscal 2017. During fiscal year 2016, RJD Green, Inc. reported total revenues of $3,491,933 and net operating profits of $774,094. Compared to fiscal 2015, the company reported revenue growth of 18.2% and net operating profit results increased 438%. Furthermore, RJD Green, Inc. is forecasting revenues of $10,492,026 and net operating profit of $5,567,535 for fiscal 2017. Here is the full press release detailing of the earnings results:
RJD Green, Inc. Press Release:
TULSA, OK / ACCESSWIRE / November 22, 2016 / RJD Green, Inc. (OTC PINK: RJDG) announced today its Revenue and Profits for 2016 year ending. Combined Revenue was $3,491,933 with Net Operating Profit of $774,094. 2015 fiscal year ending Revenue was $2,952,553 with Net Operating Profit of $143,720. Revenue increase for 2016 was 18.2% with Net Operating Profit increase of 438%.
The RJD Officers and Directors further released their forecast revenue and net operating profit for the fiscal year 2017. The forecast includes only existing operations, while the Company notes they are focused on two additional acquisitions for 2017. Revenues are forecast at $10,492,026 with Net Operating Profit of $5,567,535.
The dramatic increase in revenues and net operating profit is attributed primarily to the full launch of the company’s IoSoft division’s exciting new software platforms in the healthcare sector. The IoSoft impact is complimented by the first environmental management contract by the Earthlinc Environmental division, and 15% projected growth for the Silex Holdings specialty contracting division.
RJD Green’s complete 10K filing for fiscal year 2016 is anticipated to be filed by November 25.
The Company will announce the continued progress of RJD Green and its three operating divisions.