“We have some of the highest asset utilization we've ever seen and it’s fueling record third-quarter revenue. The second quarter outpaced the second quarter of 2021 by a decent margin with our trucking sector showing a 23% increase in revenues year over year.,” said
First Quarter Fiscal 2022 Highlights
$1,567,414 in total revenue for Quarter 2$2,009,180 in Receipts from Customers$290,024 in gross profits$354,957 in Accounts Receivable$2,159,270 in capital assets (before depreciation)- 23% increase in revenue in trucking
Titan
Quarterly Report -Quarter ended
Q&A with CEO
Contact:
President/Chief Executive Officer
Titan
alex@titannrg.com
About
We're focused on vertical integration while expanding our operations to cover everything from the refinery to retail. This business model is a win for our customers, company, and shareholders. Additionally, this model can be replicated in other regions.
www.titannrg.com
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ir@titannrg.com
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Safe Harbor Statement: 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 Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with OTC Markets. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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