Market Analysis by #GlobeSmallCapResearch on Next1
Post# of 36913
Summary of our Research Findings • Unique, one-stop-shop for over-the-road (OTR) truck drivers looking to become independent owner-operators • Servicing the $800 billion U.S. trucking industry • The Ultimate Program provides their owner-operators 30+ support services including all state and federally required services and permits • Drivers in The Ultimate Program are able to become independent owner-operators in a unique revenue[1]sharing model with multiple benefits • UHC currently has more than 90 independent owner[1]operators in The Ultimate Program • 15% driver turnover rate is drastically lower than the national average of 80%, allowing for sustainable growth • Continues to expand its fleet of semi-tractors and refrigerated trailers to attract new drivers • Ultimate Logistics subsidiary reported FY 2021 gross revenue of $32 million • Management forecasts 20-25% annual revenue growth to $40 million for FY 2022 • Completed and ongoing financial audits support initiatives to become a fully reporting company • Long-term goals include zero debt, positive return to shareholders, annual growth rate of 10-20%, and eventually qualifying for NASDA
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https://www.dropbox.com/s/9rfqq087zu4tjbu/NXT...2.pdf?dl=0
https://ultimateholdingscorp.com/