NetworkNewsBreaks – RJD Green Inc. (RJDG) Discus
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Posted On: 01/18/2018 7:56:42 PM
NetworkNewsBreaks – RJD Green Inc. (RJDG) Discusses 2017 Results, 2018 Revenue Forecasts
Multi-division holding company RJD Green, Inc. (OTC: RJDG) this morning recapped its financial results from 2017 and outlined its goals for the coming year. Per the update, the company’s performance in 2017 was hindered by the delayed launch of its IoSoft division’s new software platforms, a delay which came as a result of regulatory hurdles related to the application of these platforms in the banking and health care sectors. However, with IoSoft now fully launched and initial contracts being serviced, IoSoft management feels substantial revenue growth, as previously forecast, can be achieved in 2018. RJD Green’s management team has conservatively forecast 2018 revenues of just over $9.68 million with a net operating profit of roughly $4.36 million. However, the company’s full-year financials could be positively impacted in the months to come by its forward expansion strategy, which includes plans for the completion of three acquisitions and the launch of operations within its current Earthlinc division’s technologies.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Multi-division holding company RJD Green, Inc. (OTC: RJDG) this morning recapped its financial results from 2017 and outlined its goals for the coming year. Per the update, the company’s performance in 2017 was hindered by the delayed launch of its IoSoft division’s new software platforms, a delay which came as a result of regulatory hurdles related to the application of these platforms in the banking and health care sectors. However, with IoSoft now fully launched and initial contracts being serviced, IoSoft management feels substantial revenue growth, as previously forecast, can be achieved in 2018. RJD Green’s management team has conservatively forecast 2018 revenues of just over $9.68 million with a net operating profit of roughly $4.36 million. However, the company’s full-year financials could be positively impacted in the months to come by its forward expansion strategy, which includes plans for the completion of three acquisitions and the launch of operations within its current Earthlinc division’s technologies.
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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