RJD Green Inc. Reports Strong Financial Performance for Fiscal Year 2024
November 13th, 2024 2:30 PM
By: Newsworthy Staff
RJD Green Inc. announces significant revenue growth and profitability across its three divisions in fiscal year 2024, with plans for continued expansion and potential acquisitions in 2025.

RJD Green Inc. (OTCPK: RJDG), a diversified holding company, has reported robust financial results for its fiscal year ended August 31, 2024, demonstrating strong performance across its three operational divisions. The company's CEO, Ron Brewer, provided shareholders with an update on the fiscal year's achievements and outlined expectations for 2025.
The company reported total revenue of $5,718,024 for fiscal year 2024, with a net income of $894,054. This financial performance underscores RJD Green's successful execution of its business model, which focuses on acquiring and managing assets and companies in the healthcare, environmental, and construction sectors.
RJD Green's Silex Holdings Division, which operates in the construction products industry, experienced a 12% revenue growth and an 18% increase in net operating profit compared to the previous year. The division's success was attributed to expanded sales in the commercial sector and high-end custom homes market, as well as increased production capacity through automation.
The company's Healthcare Services Division, IoSoft Services, continued to develop and refine its software offerings for the healthcare sector. IoSoft's integrated systems now include expedited payment systems, claims processing and adjudication, multi-level communications, and data collection software. These advancements position the division to capitalize on the growing demand for efficient healthcare payment and management solutions.
While the Earthlinc Environmental Services Division saw limited development in 2024 due to strategic focus on other areas, it continues to service product development programs and engage in consulting projects. The company plans to expand this division's activities once growth efforts in Silex Holdings and IoSoft are completed.
Looking ahead to fiscal year 2025, RJD Green has set ambitious targets for growth. The Silex Holdings Division projects a 24% increase in commercial sales, while the newly added JSI Products division is expected to contribute to profitable revenue within its first quarter of operations. The company is also exploring potential acquisitions to consolidate its position in a six-state regional market.
For the IoSoft division, RJD Green is pursuing partnerships and potential mergers or acquisitions with smaller software development entities. This strategy aims to expand IoSoft's software platforms to address common needs across various sectors, including healthcare, insurance, legal, hospitality, and financial services.
The company's strong financial position, with total assets of $3,346,280 and shareholder equity of $3,016,042, provides a solid foundation for these growth initiatives. RJD Green's low debt profile, with total liabilities of only $330,238, further enhances its financial flexibility to pursue strategic opportunities.
This financial performance and growth strategy highlight RJD Green's potential as an investment opportunity in the small-cap market. The company's diversified portfolio across multiple industries provides a measure of stability, while its focus on emerging technologies and services in healthcare and environmental sectors positions it for long-term growth.
Investors and industry observers will be watching closely to see how RJD Green's expansion plans unfold in the coming year, particularly in light of mixed forecasts for the construction industry and ongoing changes in the healthcare technology landscape. The company's ability to navigate these market conditions while pursuing its growth strategy will be crucial in determining its success in fiscal year 2025 and beyond.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
