Firemans Contractors Closing Our FYE 2014 With Strong Increases over FYE 2013
June 20 2014 - 9:00AM
Access Wire
Firemans
Contractors Closing Our FYE 2014 With Strong Increases over FYE
2013
Fort Worth, Texas / ACCESSWIRE / June 20, 2014
/ Firemans Contractors Inc. (OTCQB: FRCN) is updating
investors on increases to our bottom line for the current quarter
and our fiscal year end for 2014, which ends June 30, 2014.
While we have had one of the worst winters in many years for the
Dallas/Fort Worth Metroplex, our year-to-year and
quarter-to-quarter numbers show substantial increases as we gain
even greater traction in our market.
We show about a 64% increase to our bottom line so far as we
close out fiscal year 2014 over the same period through this date
last year. That is in an increase of $459,853 to the bottom line
fiscal year-to-year through June 19, 2014 compared to the same date
a year earlier.
The numbers for this quarter show an increase of $118,496 to our
fiscal fourth bottom line. Additionally, we have another $117,000
booked that is yet to be invoiced. Some of this will be included in
our fourth quarter numbers and some of this will help jump-start
our fiscal year 2015 that starts on July 1, 2014. This
current quarter is effectively cash flow positive.
There are several reasons for this success, and they all have to
do with the execution of our Strategic Plan as announced on
December 18, 2013. We have added to the Company through the
addition of two new franchisees, through the addition of
experienced team members with significant business contacts for the
clients we need, through expanded markets we previously did not
serve, and through expanded business from our existing client base.
Many of our clients include companies everyone knows such as big
box retailers, grocery store chains, restaurant chains and others
with multiple locations throughout our service area. Many of
these same business contacts will be able to book us for business
in new markets as our expansion continues.
Fireman Contractors Chairwoman and CEO, Renee Gilmore,
commented, “Everything we are doing is focused on the future of the
Company by expanding our market through new franchisees and brand
awareness with national accounts, as well as providing ongoing
quality service to our customers and support to existing
franchisees to ensure their success.”
About Firemans Contractors:
Firemans Contractors, Inc. (FRCN) is a Franchisor and
full-service General Contractor providing professional services for
commercial and government clients, focused on developing Business
to Business Franchise Opportunities throughout the United States.
Its services include Road Improvements, Pavement Maintenance, Seal
Coating, Parking Lot Striping, Pavement Marking, Asphalt
Maintenance and Repair, and ADA Compliance. Firemans Contractors
brings a professional value system delivering outstanding results
through honorable customer relationships and repeat business. Local
firefighters are supported by a portion of profits which are
donated to local Firefighter Associations. Firemans Contractors is
a proud member of the Franchise Association (IFA) and The Veteran
Transition Franchise Initiative (VetFran). As a member, Firemans
Contractors is expanding through franchise development, aimed to
assist the Company in expanding its market share. As a franchisor,
the Company will provide franchisees with training and support,
including the proprietary Firebase(tm) software platform, which is
included along with other business tools and training for new
franchisees of Firemans Contractors.
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Act of 1934. These forward-looking
statements are based largely on the expectations or forecasts of
future events, can be affected by inaccurate assumptions, and are
subject to various business risks and known and unknown
uncertainties, a number of which are beyond the control of
management. Therefore, actual results could differ materially from
the forward-looking statements contained in this press release.
Additional information respecting the factors that could materially
affect the Company and its operations are contained in its annual
report on Form 10K and Form 10-Q as filed with the Securities and
Exchange Commission. The Company undertakes no obligation to
publicly update or revise any forward-looking statement.
Social Media:
For multimedia features such as exclusive content, photo
postings, status updates and videos, please visit our Facebook page
at:
http://www.facebook.com/FiremansContractors
For news, photos, events and tweets, please visit our Twitter
page at:
http://twitter.com/firemansco
Contact:
Renee Gilmore
CEO/Chairwoman
800-475-1479
John Pentony
Investor Relations
Telephone: 972-292-8930
Email: frcn@superiorir.com
Firemans Contracts on the Web:
http://www.firemanscontractors.com/
SOURCE: Firemans Contractors Inc.
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