Key Points From 2018 Shareholder Update. - Firs
Post# of 4419
- First 3 months in 2018 and all of 2017 full of milestones.
- 2017 was a record setting year.
- Executed several complex strategic initiatives ongoing for last several years.
- Company’s operations, competitive posture and foundation for profitable growth are all much stronger now than a year ago.
- Revenue in 2017 was $300K - up 50% on 2016 - huge increase over $50K in 2014 and $107K in 2015.
- $85K used for corporate growth and to facilitate contracts - remaining cash in bank.
- No new convertible debt notes since June 2017.
- Continuing to target potential acquisition and merger candidates as well as identifying potential new territories within the Pestmaster Franchise Network.
- Goal in 2018 is to increase both shareholder value and awareness and to get EVSV stock to a more fair market valuation.
- In the last 6 months won the contract with the City of Tampa to handle
all pest control for all city facilities which could exceed revenues of $60K in 2018.
- Expanded work scope for the bed bug inspections for the James
Haley VA hospital system to include outpatient facilities which should amount to an increase of VA based revenues in 2018 of $15K-$20K.
- Last week generated $16.7K for just one portion of MacDill AFB private housing contract which is being renewed next week for another year.
- Recently booked “non- pest control” revenues with a US Army sub contractor of over $45K - company expects to secure more contracts with this group.
- Pest control revenues are off to a huge start due to the warm winter months.
- Consolidated Q1 2018 financials will be posted by mid-May showing this
record setting pace.
- No contracts too big or complicated for EVSV to handle.
- Looking to build to a $1M+ revenue company.
Enviro-Serv, Inc. (EVSV) Stock Research Links
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