Looking to Q3 and Q4 2019, and 2020
Guidance for Q3: In Q3 2019 we expect to report revenue between $6.5 million to $6.8 million.
Looking Beyond Q3 2019: Between now and the end of Q4 we expect to close on two new acquisitions. These acquisitions will add roughly $19 million to our existing annual run rate of roughly $27 million and will bring Alpine 4’s annual revenue to roughly $46 million. Further, these two new subsidiaries will add unique positioning power within both our Construction Services holdings and our Manufacturing holdings giving Alpine 4 a stronger competitive advantage within our family of companies.
For 2020 Alpine 4 anticipates adding 3-4 new acquisitions which should subsequently push our annualized revenue close to $100 million. This steady growth will be a driver behind our plans to up list to the Nasdaq. Further, to support our efforts in 2020 to up list to the Nasdaq, we will be focusing on companies that primarily reside in our Stabilizer category to provide more consistency in our gross profit and operating income.
In closing, it’s very exciting to see the blossoming fruits of what Alpine 4 has become. With so many businesses turning to our products and services every day, Alpine 4 has countless opportunities to make a real difference in how businesses interact and benefit from our business model. DSF is not just about bringing advantages to Alpine 4, it’s about the embodiment of America’s adventurous commercial spirit and bringing it to life with the companies that interact and benefit from being a customer of Alpine 4!
Best regards,
/s/Kent B. Wilson
Kent B. Wilson
CEO / President
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