![](https://investorshub.advfn.com/uicon/552837.png?cb=1466192858)
Friday, October 18, 2019 10:40:29 AM
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
Forward-Looking Statements: The information disclosed in this CEO letter and 8k filing are not to be construed as investment advice. Results filed with our 10Q and 10K may differ from those contained herein due. These forward-looking statements are not guarantees of future performance and are subject to uncertainties and other factors that could cause actual results to differ materially from those expressed in the forward-looking statements including, without limitation, the risks, uncertainties, including the uncertainties surrounding the current market volatility, and other factors the Company identifies from time to time in its filings with the SEC. Although Alpine 4 believes that the assumptions on which these forward-looking statements are based are reasonable, any of those assumptions could prove to be inaccurate and, as a result, the forward-looking statements based on those assumptions also could be incorrect. You should not place undue reliance on these forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof, and Alpine 4 disclaims any intention or obligation to update the forward-looking statements for subsequent events.
https://www.otcmarkets.com/filing/html?id=13602661&guid=mG_SUpqXejIExth
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