Titan NRG (TTNN)

[gdog]

TUCSON, AZ / ACCESSWIRE / August 21, 2023 / Titan NRG, Inc. (OTC PINK:TTNN) ("Titan NRG") a leader in downstream energy and transportation through its wholly-owned subsidiaries, proudly presents its First Quarter Financial Reports, revealing noteworthy strides in its operations.
"Our first quarter disclosures demonstrate our continued growth. The numbers speak for themselves, with year-over-year comparisons indicating a substantial move into profitability," said Alex Majalca Jr ., Titan NRG's President and CEO. " Some key highlights to really focus on are the increased revenue numbers for the quarter as well as a very nice swing in our Net Comprehensive Income line. We're continuing on this path toward success with the addition of two more assets for our trucking sector."
Key Highlights for the First Fiscal Quarter include:
Achieving Quarterly Revenue of $1,987,024 , a notable progression from $1,808,254 in the comparable period.
Delivering a Net Comprehensive Income of $218,518 , contrasting sharply with a loss of ( $13,517 ) in the preceding year.
Successfully managing Accounts Receivable worth $784,305 , showcasing substantial growth from $431,839 year over year.
Building robust financial resilience with $1,080,225 in cash on hand, up significantly from $505,761 twelve months ago.
For further information, the full Quarterly Report for the fiscal year can be accessed on the OTC Markets website at: https://www.otcmarkets.com/otcapi/company/financial-report/379361/content


Titan NRG, Inc. (TTNN) Acquires New Equipment
Press Release | 08/07/2023
TUCSON, AZ / ACCESSWIRE / August 7, 2023 / Titan NRG, Inc. (OTC PINK:TTNN) ("Titan NRG") a leader in downstream energy and transportation through its wholly-owned subsidiaries, announces the purchase of new Peterbilt trucks.

"We are continuing with our organic growth model, and we're proud to announce that we've added two higher margin company-owned trucks to our fleet through our subsidiary NRG Dynamics, with an option for two additional units." Said Alex Majalca, the CEO of Titan NRG. Expected delivery of these units is scheduled for mid-September.

Alex Majalca went on to say, "The cost of equipment and financing has risen dramatically over the past few years, but with our strong fundamentals, we've been able to continue on this path. It still makes sense to grow organically, even with the increase in acquisition and borrowing costs. We're in the process of putting together a business development team to locate potential company acquisitions."

Further information about Titan NRG can be found on the OTC Markets website at: https://www.otcmarkets.com/stock/TTNN/profile

Contact:
Alex R. Majalca Jr.
President/Chief Executive Officer

Nice Job Alex