National Waste Management Holdings, Inc. (NWMH) Re
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Posted On: 04/21/2017 5:45:20 PM
National Waste Management Holdings, Inc. (NWMH) Reports 161% Jump in 2016 Revenues Following Two Acquisitions
National Waste Management Holdings, Inc. (OTC: NWMH), in a SEC 10-K Annual Report filed on April 17, 2017, for the year ended December 31, 2016, reported revenues of $6,345,324 compared to $2,429,747 (restated) for the same period in 2015, representing a 161% jump. The increase in sales was due primarily to the firm’s acquisitions of Waste Recovery Enterprises, LLC (“WRE”) in October 2015, and Gateway Rolloff Services, LP, on December 1, 2015. Revenue in 2016 also grew due to a larger customer base, increased construction activity in Florida and the May 2016 acquisition of commercial collection company Sivart Services, LLC, which allowed the company to extend services into Cooperstown, New York.
NWMH is a vertically-integrated solid waste management company with six primary operations: landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding and mulch sales. The company operates in Florida and New York. By acquiring Kingston, New York-based Northeast Data, NWMH expanded its revenue stream to include paper shredding and hard drive destruction services.
Northeast Data Destruction & Recycling, since consolidated into WRE, specializes in document destruction services both on- and off-site. Northeast Data has expanded into hard drive destruction services, and the company plans to roll out this service throughout Upstate New York. Northeast Data shreds sensitive documents for banks, law firms, insurance companies, investment firms and other investment entities.
For more information, visit the company’s website at www.nationalwastemgmt.com
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
National Waste Management Holdings, Inc. (OTC: NWMH), in a SEC 10-K Annual Report filed on April 17, 2017, for the year ended December 31, 2016, reported revenues of $6,345,324 compared to $2,429,747 (restated) for the same period in 2015, representing a 161% jump. The increase in sales was due primarily to the firm’s acquisitions of Waste Recovery Enterprises, LLC (“WRE”) in October 2015, and Gateway Rolloff Services, LP, on December 1, 2015. Revenue in 2016 also grew due to a larger customer base, increased construction activity in Florida and the May 2016 acquisition of commercial collection company Sivart Services, LLC, which allowed the company to extend services into Cooperstown, New York.
NWMH is a vertically-integrated solid waste management company with six primary operations: landfill services, roll-off dumpster operations, commercial and residential collections, transfer station operations, trucking and grinding and mulch sales. The company operates in Florida and New York. By acquiring Kingston, New York-based Northeast Data, NWMH expanded its revenue stream to include paper shredding and hard drive destruction services.
Northeast Data Destruction & Recycling, since consolidated into WRE, specializes in document destruction services both on- and off-site. Northeast Data has expanded into hard drive destruction services, and the company plans to roll out this service throughout Upstate New York. Northeast Data shreds sensitive documents for banks, law firms, insurance companies, investment firms and other investment entities.
For more information, visit the company’s website at www.nationalwastemgmt.com
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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